Inman Connect
Since its inception in 2012, Compass has ruffled feathers within the real estate industry. First for its impressive seed funding round lineup that included investing giants, such as Goldman Sachs, as key backers, and then from there, CEO Robert Reffkin shook things up once again with rapid-fire market expansions, a slew of multi-million dollar funding rounds, strategic acquisitions and bold (sometimes controversial) recruiting tactics to bring the industry’s best to Compass.
All of those moves stoked rumors about an eventual initial public offering (IPO) that finally came to fruition on April 1. However, the company cut its offering a day before going live on New York Stock Exchange a decision that some analysts and industry members took as a sign that the proof may indeed not be in the pudding.
Tiny living is on the rise and could become a solution for Mainers to achieving affordable housing Author: Hannah Yechivi (NEWS CENTER Maine) Published: 8:19 PM EDT May 9, 2021 Updated: 8:19 PM EDT May 9, 2021
MAINE, Maine Tiny houses are becoming more popular throughout the country.
Now, Maine lawmakers are discussing a proposed bill that would regulate tiny homes, making it easier for more Mainers to transition to tiny living throughout the state.
Robbie and Rebecca Thibodeau have been spending their weekends for the past two years building their very own tiny home from the ground up. The couple decided it was time to downsize and live more sustainably.
BHGRE Expands in Southern California — RISMedia rismedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rismedia.com Daily Mail and Mail on Sunday newspapers.
Pennsylvania-based Better Homes and Gardens Real Estate affiliate Valley Partners Real Estate (VPRE) has added Compass as a defendant in its April 1 civil suit against former VPRE shareholder, managing partner and commercial division head Carl Billera for violating non-disclosure, non-competition, and non-solicitation covenants.
In March 2019, Billera relinquished his rights as a shareholder and received an initial $100,000 stock redemption payout in accordance with his shareholder’s agreement. Billera stayed with VPRE as an agent and commercial division leader and agreed to follow the covenants until a second and final $35,000 payout scheduled for March 6, 2021.
However, VPRE said Billera broke non-disclosure, non-competition, and non-solicitation covenants starting in April 2019 when he began fielding partnerships with competitors Main Street Commercial Realty and Compass Real Estate. MSCR declined Billera’s proposal, but Compass agreed to establish a Lehigh Valley-based team
The pandemic and the new normal it created has made tech more important than ever.
As Brad Nix, co-founder of Path & Post in Georgia, recently told me, “You can’t be great today without great technology.”
So, which technology makes the cut?
Susan Jenkins, co-founder of Native American Group, a leading Better Homes and Gardens Real Estate brokerage in Virginia, offers that great tech should be, “user-friendly, cloud-based, and have good integration.”
But many tech solutions out there are hard to use and often only tackle one small part of your business. Instead of helping create a frictionless experience for clients and agents, many tech options hold you back.