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The Beinfield Team in Connecticut returns to Compass after brief departure

Housing Wire

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement.

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Pop the champagne, Compass hits major financial milestone

Housing Wire

But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now. billion, which the brokerage attributed to a 19% year-over-year decrease in transaction sides to 54,207, combined with a decrease in the average home sale price, as the brokerage’s gross transaction value dropped 26% year over year to $56.8

Brokerage 361
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Tom Makinney and his team make the leap to Compass

Housing Wire

The Makinney Group, led by principal agent Tom Makinney, has joined Compass in Chicago , the company announced on Wednesday. Makinney made the leap with his two agents, Jill Giorno and Jen Goodale.The top team was previously at brokerage @properties. “We are thrilled to join the Compass family.

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Compass cuts losses in Q3, addresses commission lawsuit threat

Housing Wire

The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. million after the brokerage paid its commissions and related expenses. Reffkin cited the Seattle market as reason for optimism.

Principal 367
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Compass nabs Quinn & Co. Realty Group in Madison

Housing Wire

The team of three, led by principal Liz Quinn, was previously affiliated with Realty Executives. The move comes amid a time of growing demand for second homes and low-tax markets, including those in Wisconsin, according to Compass’s mid-year, ultra-luxury report. “We We are thrilled to welcome Quinn & Co.

Principal 388
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@properties plucks Detroit shop as first franchisee

Housing Wire

Snapping up Alexander is part of a “national expansion plan,” said Chris Lim, president of growth at @Properties, with the Windy City brokerage eying a “half-dozen” franchise announcements in the coming year. How to Diversify Your Brokerage to Weather Economic Hardship. billion in 2019 sales, according to RealTrends.

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Once at the fringes of housing finance, home equity investment companies look to grow their stake

Housing Wire

Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market. billion have been completed.

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