Commercial Real Estate

Berkshire Hathaway taps former Compass COO as strategic adviser

Brent Thomson has been hired as a strategic adviser for Berkshire Hathaway HomeServices Drysdale Properties as the company looks to expand its presence in California and Nevada.  

Motto Mortgage opened offices at a record pace in 2022 as sales slowed

Double-digit growth in open offices was a bright spot for parent company RE/MAX Holdings, which reported a $2.6 million fourth-quarter net loss.  

Plunk releases market data API, signs 3 proptech partners

Plunk envisions its data API assisting users in the same way a stock ticker does Wall Street investors, by helping them make critical decisions with the most prompt business information.  

12 fun ways to flex your local expert muscles

Leverage your knowledge to build your business. Rainy Hake Austin shares creative ways of being the local expert in your own unique way.  

One-time $100M Bel Air mansion falls to Earth with huge price cut

“Realistically in this market, this is what it’s worth – it’s priced to sell,” said Shawn Elliott of Nest Seekers, one of the agents who listed the property last week.  

Redfin opens up Redfin Premier luxury services to homebuyers

Redfin Premier services will now be available to homebuyers across 28 markets. The brokerage also announced new designs for its Redfin Premier Agent profiles and listings.  

Inman’s Top 5 stories of the week Feb. 10-16, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for Feb. 10-16, 2023.  

New Black Knight integrations ‘close the loop’ on digital mortgages

Integration of Wolters Kluwer’s eNote and eVault capabilities into Black Knight’s digital closing solution, Expedite Close, eliminates the need for multiple vendors.  

A reason for the luxury slowdown? We may be in a ‘richcession’

Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more?  

A volatile housing market slices at RE/MAX’s Q4 revenues, profits

RE/MAX Holdings’ total revenue decreased 8.9 percent year over year to $81.3 million during the fourth quarter due to diminished broker fee revenue, a 1.9 percent drop in its North