Today was our Compass Day. We met our CEO, Robert Reffkin, and we were thoroughly impressed. We come from different backgrounds - I'm the scrappy street guy, and he is the Wall Street wunderkind - but we see the future of real estate the same way. He mingled for...
The most fascinating thing about working for Compass is how many people ask about Compass (especially other agents). I signed up primarily for the future potential, and where big money might lead us. We got another sense of how big yesterday: Compass, a...
The realtor population of 1.3 million agents today is expected to be cut in half over the next five years. Most will be by natural attrition - the old-style agent is retiring and being replaced by mega-teams. How the brokerages provide for their teams is what will...
The discussion about affiliating with Compass included trying to predict the future of the market, and realtors in general. Historically, there has been a lack of widespread advertising because the realtor business was mostly mom-and-pop operations. But now that big...
When I first started selling homes, most brokerages were mom & pop offices on the local corner. Man, how times have changed. Now, venture capital is flooding the industry, and some outsiders flush with cash are trying to convince you that cheaper is better -...
