Commercial Real Estate

How to brand yourself when you’re broke (Hint: Think Bergdorf’s)

In the first event of Fordham Real Estate Institute’s new series, Bess Freedman, CEO of Brown Harris Stevens, sat down with her mentor Barbara Corcoran for the kickoff of the

Black Knight’s Q4 profits slip as clients cope with challenges

The company’s $17.6 million in fourth-quarter net earnings represented a 71 percent decline from a year ago. Black Knight books $452.5 million in 2022 profits, up 118 percent from 2021

Compass revenue falls in Q4 — but losses narrow despite ‘difficult year’

In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11 billion in revenue, down from $1.6 billion during the same

EXp cites ‘volatile housing market’ for double-digit sales decline in Q4

EXp World Holdings’ revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an

Rocket posts its first loss since going public, and it’s a doozy

Rocket reported a $493 million fourth-quarter net loss even after slashing expenses by $202 million from the third quarter as revenue fell 81 percent from a year ago to $481

Compass explores possibility of franchising, company says

CEO Robert Reffkin floated the idea of a franchise brand during an earnings call Tuesday, describing it as a “more profitable” method of growing the business.  

Affordability, foreclosures, mortgages: How to navigate tough real estate conversations in 2023

Having tough conversations about real estate can be difficult when the news isn’t ideal — but remember that your clients are asking you because they trust you and your expertise.

Quitting time? How brokers can help cash-strapped agents survive

In a market where listings are still scarce, a mid-career agent is having difficulties. What can the broker do for an agent in this position, who is completely strapped for cash?  

BHHS CEO Christy Budnick is ready to dive into the spring market

As “motivator and chief encourager” of Berkshire Hathaway HomeServices, Budnick said she’s bullish about the upcoming year. Agents who get down to business will thrive, she added.  

Brad Inman: Decision-makers, not experts, will forge real estate’s path

The Inman founder kicked off Disconnect in Palm Springs, California, on Monday by calling on real estate leaders to deliver a path forward through the rough patches ahead.