“Amateurs talk about tactics, but professionals study logistics.” This quote, often attributed to former Chairman of the U.S. Joint Chiefs of Staff, Omar Bradley, applies to today’s real estate market. Many brokers now see opportunity ahead in the softening market. They are developing strategies and tactics to take advantage of growth opportunities and focusing on brokerage
Compass raises $450M in its IPO, with its stock closing the day up 12%
April 5, 2021 by
The technology-powered real estate brokerage Compass launched its initial public offering Thursday closing its first day of trading at $20.15 per share, around 12% higher than its IPO price. Compass priced its stock at $18 per share, at the low end of its target range of $18 and $19. That range itself had been revised
Online brokerage Compass is planning an IPO
January 14, 2021 by
Online real estate brokerage Compass is planning to go public via an initial public offering. The company has filed a draft registration with the U.S. Securities and Exchange Commission ahead of the move. The number of shares it will offer and the price range and timeline for the offering have not been determined yet. Compass,
Spencer Krull Joins Side as Managing Broker of Southern California
March 15, 2020 by
Side, the only real estate brokerage that exclusively partners with high-performing agents, teams and independent brokerages to transform them into boutique brands and businesses, today announced that Spencer Krull has joined the company as Managing Broker of Southern California. Most recently the General Manager of ultra-luxury brokerage Westside Estate Agency, Krull worked on deals from
Survey Shows Greater Confidence among UK Mortgage Brokers
February 6, 2013 by
UK mortgage brokers have become more confident in what the overall outlook for the lending market of this year is concerned, The recently released Halifax intermediaries survey showed that 75% of brokers are more optimistic about the mortgage market in the beginning of 2013, up 6% from Q4 of 2012.
Do Your Clients Trust You? Redfin’s Home Price Tool Removes All Doubt
March 23, 2012 by
Real estate technology is a fast growing industry in its own right, so perhaps that is why it’s no surprise that the real estate brokerage firm Redfin is breaking with tradition and sharing some industry secrets with the average home seller.
ZipRealty Nears Its Goal of Eliminating Operating Costs
November 3, 2011 by
The online real estate brokerage firm ZipRealty Inc., has announced its results for the third quarter, reducing operating losses to less than $1 million despite its revenue falling by 18% since last year. The results prove that the firm is on track to achieving its target of cutting operating losses altogether by the end of
