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• Traditional brokerage or tech company: How is Compass being valued?
  Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability.....more
• America’s most expensive rental is available for $1.5M a month
  The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier this week. The dwelling covers more than 34,000 square feet and comes with an infinity pool, a health and wel....more
• HUD rule would roll back transgender homeless protections
  Transgender people experience homelessness at higher rates than the average population, according to surveys. One recent report by the National Center for Transgender Equality, a trans rights advocacy group, found that up to 30 pe....more
• An epic fall from grace: Realogy’s total stock collapse
  NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. Realogy is also shedding....more
• Opendoor CEO used scholarship cash to become big landlord
  CNBC profile explored the personal experiences that led Eric Wu to found Opendoor, an iBuyer based in San Francisco valued at $3.8 billion.....more
• Famous California ‘Murder Mansion’ hits the market for $3.5M
  The Los Feliz mansion, where cardiologist Harold Perelson once killed his wife with a hammer in 1959, is up for sale for $3.5 million.....more
• KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit
  The big residential brokerage franchisors and holding companies filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real....more
• Amazon HQ2 sent home prices skyrocketing in VA neighborhood
  Six months after Amazon said it would build a major office in Arlington County, Virginia, home prices in the area have risen by $110,000.....more
• Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision
  At the Inman Connect New York 2019 conference, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage to discuss their differing visions for the residential real estate market going forward.....more
• SEC charges real estate developer with fraud in Ponzi scheme
  The U.S. Securities and Exchange Commission filed an emergency action Thursday against New York State real estate developer Robert Morgan.....more