Compass Real Estate Chief Financial Officer (CFO) Kalani Reelitz will leave his position at the end of this month, the company announced during its second-quarter earnings call. Chief Accounting Officer Scott Wahlers will be promoted to Compass CFO — with the move becoming effective at the end of August. “Compass has never been stronger,” said […]
Compass CFO Kalani Reelitz announces departure Read More »
Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quarter of 2025, with total transactions rising 20.9%. Compass CEO Robert Reffkin emphasized the company’s
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President Donald Trump on Wednesday signed Rep. Derrick Van Orden’s bill, the VA Home Loan Program Reform Act, into law after it received approval last week from the Senate. The VA Home Loan Program Reform Act will reform the U.S. Department of Veterans Affairs (VA) mortgage program by adding a partial claim option — a
Trump signs VA foreclosure prevention bill into law Read More »
Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Arizona Territory name. The realignment brings together nearly 1,000 agents across 24 statewide offices, with
Realty Executives International unifies Arizona operations Read More »
As Arizona grapples with rapid growth and a changing climate, long-standing groundwater regulations are being tested in courtrooms, boardrooms and booming desert suburbs. Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies — with the future of real estate, agriculture and sustainability hanging in the balance.
Arizona homebuilders challenge groundwater restrictions Read More »
RE/MAX is expanding its presence in Hawaii with the addition of Better Homes and Gardens Real Estate Advantage Realty, a top-performing brokerage led by veteran real estate executive Myron Kiriu. The firm will officially join the RE/MAX network on Friday under the name RE/MAX Hawaii. The move brings 170 agents and six offices into the
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The nation’s top brokerage by transaction side count, eXp Realty, is continuing to add agents. On Wednesday, eXp announced that Southern California-based independent brokerage Palm Realty Boutique was joining the firm. Founded by Brett Zebrowski, Palm Realty Boutique serves clients in the South Bay, Playa Del Rey and Beverly Hills markets. “We’ve been courted by
Southern California luxury brokerage joins eXp Realty Read More »
Compass and Zillow might disagree on many things, but when it comes to the proposed parameters of their expedited discovery, the two adversaries managed to agree on a few items. In a joint letter filed on Monday addressed to Judge Jeanette A. Vargas, the parties outlined their proposals for the expedited discovery Compass was granted
Compass, Zillow iron out lawsuit discovery terms Read More »
After a public backlash against the Social Security Administration (SSA) earlier this year, the federal agency said it would walk back some of its plans that would’ve required more beneficiaries to make in-person office visits. But a report released this week by the Center on Budget and Policy Priorities (CBPP), a nonpartisan research group, counteracts
Social Security beneficiaries could soon face more hurdles Read More »
Lone Wolf Technologies has named York Baur its new Chief Industry Relations Officer, bringing one of the real estate industry’s most recognized tech leaders into its executive team. Baur is best known for his role as founding CEO of MoxiWorks, a real estate software platform that now supports over 800 brokerages and 400,000 agents. Baur
MoxiWorks Founder York Baur joins Lone Wolf as chief industry relations officer Read More »