Compass

Compass acquires Charlotte-based Cottingham Chalk

Compass is closing out July with another acquisition. The brokerage announced Tuesday that it has acquired Charlotte, North Carolina-based independent brokerage Cottingham Chalk.  The financial terms of the deal were not disclosed. The company had previously been affiliated with the Leading Real Estate Companies of the World network.  “We’re proud to welcome Cottingham Chalk,” Robert […]

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NWMLS says it has ‘no duty to deal’ with Compass

Compass and Northwest MLS (NWMLS) are continuing their war of words. Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the two parties have traded barbs via legal filings.  In NWMLS’s

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It’s a summer scorcher in the New England housing market

Across the country, real estate industry observers are discussing a possible shift to a buyer’s market. “On the whole, the national market has gone back to balanced,” says Kara Ng, a senior economist at Zillow. “We’ve seen sellers return to the market in bigger numbers than buyers this year and sales in many parts of

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No matter how you slice it: Compass say NWMLS’s rules are anticompetitive

Compass, which previously slammed Northwest MLS’s (NWMLS) motion to dismiss its antitrust suit as “misleading and self-serving,” officially fired back Monday with a formal reply filed in U.S. District Court in Seattle. Originally filed in April, Compass claims that NWMLS’s listing rules, which mandate that members must input listings into the MLS within 24 hours

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Zillow pushes back against Compass’s claims of conspiracy, monopoly

A little over two weeks after Zillow filed letters responding to Compass’s motions for preliminary injunction and expedited discovery, the listing portal giant is officially firing back with its response to these motions. Zillow filed its response and related declarations from company executives, including Chief Industry Development Officer Errol Samuelson, CEO Jeremy Wacksman and CFO

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Top San Diego luxury real estate brokerage joins Compass

The Exude Luxury Group — a top-producing real estate firm in Southern California — has departed Side and joined Compass in San Diego’s La Jolla neighborhood, marking a new phase for the six-person team led by Erika Borunda Ahajanian. The group has closed more than $500 million in career sales — including $121 million in

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Real estate agents return to Windermere from Compass

Five real estate agents with a combined 70 years of industry experience have returned to Windermere Real Estate after stints at Compass. The group — Meg Barlament, Kevin Cunningham, Ingrid Haugaard, Darcy LaBelle and Beathe C. Smith — each previously worked for Windermere before joining Compass at various points in recent years. “We’re very excited

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Mike Simonsen joins Compass as chief economist

Compass is looking to up its game by hiring a chief economist. And the nation’s top brokerage by sales volume announced Monday that it has appointed Mike Simonsen to the role. As the founder of housing market data firm Altos Research, Simonsen is no stranger to housing market trends and analysis. Altos was acquired by

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Compass opens exclusive listings to rivals — with strings attached

In a surprising move, Compass announced Friday it will open its exclusive inventory to any real estate brokerage or multiple listing service (MLS) — marking a shift for a firm long known for promoting private listing networks. The offer comes with strict conditions: listings must remain unaltered, with the original listing agent prominently featured and

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Top Florida real estate team signs on with Compass

Compass has added The Korman Group — a high-performing real estate team led by Michael Korman — to its South Florida operations. The group will base its work out of Compass’s Boca Raton office, with operations extending into Miami, Fort Lauderdale, Palm Beach and Jupiter. Korman, who previously served as founder and principal of the

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