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What Is Compass’ Endgame?

July 15, 2019

In real estate, optimizing the commission split and generating revenue by selling mortgages are what brokerages have been doing for years. Going down that path is an old, incremental game plan, which is why it’s unlikely to be Compass’ destination. Investors didn’t pump over $1 billion of venture capital into Compass to build “just another […]

Filed Under: At A Glance Tagged With: broker model, compass, disruptor, exclusive content, Purplebricks, real estate brokerage, real estate platform, Redfin, valuation, venture capital, Zillow

Why Purplebricks Is Leaving US

July 15, 2019

Purplebricks’ stock climbed after the online estate agent said it was pulling out of the U.S., marking an end to a 75% slump in valuation since it ventured across the Atlantic in September 2017. Shares in the U.K. company that charges homeowners a fixed fee, whether or not a property is sold, have plummeted amid […]

Filed Under: At A Glance Tagged With: Axel Springer, Bloomberg, fixed fee, flat-fee real estate model, online agent, Purplebricks, United Kingdom

July 15 – CVAR At A Glance

July 15, 2019

Featured Classes and Events July 15 | CRMLS Training – CVAR West July 16 | Drone Rules and Regulations – CVAR HQ July 17 | zipForm® e-Signatures – All locations July 18 | Rev up with Reverse – All locations July 19 | Social Security Secrets – All locations Click here for full calendar of events […]

Filed Under: At A Glance, CVAR News, Education & Events, Industry News, Video Tagged With: Citrus Valley Association of REALTORS®, compass, CVAR, CVAR at a Glance, CVAR Connect, cvar.net, cvarconnect, cvarconnect.com, homelessness, Purplebricks

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