Robert Reffkin
2K posts

Robert Reffkin
@RobReffkin
Founder & CEO of @Compass | Founder of @AmericaNeedsYou | Author of No One Succeeds Alone
New York, NY Katılım Aralık 2012
184 Takip Edilen10.4K Takipçiler

Compass International Holdings all-employee team meeting!
It was great to connect with everyone at our Madison, NJ HQ and hear from our brand leaders across our family of brands about the exciting momentum happening across our businesses.
Thank you to everyone who joined and for all you’re doing to help move our organization forward!



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I’m honored to welcome The Kogevinas Group — one of America's top-performing teams with over $2.6B in career sales — to @sothebysrealty in #Montecito. Nancy and team, congratulations and please let me know if I can ever be helpful in any way!

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Compass Real Estate Professionals! I loved spending time together yesterday sharing more about the future we’re building, where we’re headed, and the opportunities ahead for you and your business. It was great to see everyone in NY HQ and thank you to those who dialed in. I’m more excited than ever about what’s ahead and grateful to be building the future of real estate together!




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Pending home sales are up 4% from a year ago and the US just closed out the best spring buying season since 2022, but these gains are fragile. With mortgage rates at a high for the year, the big question is whether the uptick in housing demand will hold—especially if there are more shocks in the energy market or a dip in the stock market. Mortgage applications inched down recently in response to higher rates, and we’ll be watching whether that trickles down to home sales.
On the inventory side, growth has evaporated, which is why home prices are ticking up. The best example is Chicago, which leads the nation in price growth because it has 75% fewer homes for sale than it did pre-pandemic.
Still, home sellers should price aggressively if they want to get a deal done fast. High rates and economic jitters are making house hunters skittish, with homes now sitting on the market for slightly longer than they did this time last year. Many buyers are scoring homes for below the list price, though this trend is starting to become a little less frequent.

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Great feature of Mike Miedler in Inman. One of my favorite quotes from the article: "Brokerage leaders need to empower agents with more flexible, strategic approaches, ones that prioritize the homeowner’s objectives and protect the value of their asset. Because at the end of the day, a home isn’t just a listing. For most people, it’s the most important financial decision of their lives." This hits the nail on the head.

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Thank you Melissa Lee and Mike Santoli for having me on CNBC to discuss existing home sales coming in 2.8% above last year.
One market we spent time on was San Francisco. AI-driven wealth creation and anticipation around upcoming IPOs are bringing more buyers back into the market and it’s showing up in the numbers.
In June alone, 44 homes sold for at least $1 million over asking. So far this year, 144 homes have sold for $1 million or more above asking, compared with just 8 during the first half of last year.
It’s a good reminder that while national housing data tells one story, every local market has its own dynamics and right now, San Francisco is one to watch. To listen to the full interview click here: cnbc.com/video/2026/07/…
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Welcome back to Compass, Ottenheimer Group!
Led by Scott Ottenheimer, this top-producing team has closed more than $100M in sales volume since 2023. They are known across Chicago and the North Shore for their analytical, client-first approach and deep local expertise.
We look forward to supporting their continued success and the exceptional service they provide to buyers and sellers throughout the region.

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Our Product and Engineering teams just made history with the launch of the Home Platform, the largest technology deployment residential real estate has ever seen. Thank you to the entire team who worked tirelessly to bring this vision to life and give our agents the ultimate competitive edge.


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We just wrapped the first half of 2026, and the data shows slow, consistent growth. Pending home sales are up roughly 5% from the first half of last year, and up 6% from the same week in 2025.
Soft pricing and lower mortgage rates are fueling the uptick in homebuyer demand. Price growth has slowed to 0—a far cry from the double-digit gains we saw during the pandemic—and many buyers are scoring homes for below the asking price. Plus, mortgage rates have held below 7% for the past year, giving buyers more purchasing power.
While tight inventory continues to challenge markets like New York and Chicago, the market is largely proving its resilience. The second half of 2026 is all about steady progress.

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Today we launch Home Platform, our end-to-end AI-powered technology platform, now rolling out across our company-owned brokerage brands.
Our goal is to give real estate professionals the industry's best technology so they can spend less time on administrative work, grow their businesses, and deliver exceptional service to every client.
We have and always will be obsessed with helping real estate professionals realize their entrepreneurial potential.
This is the largest technology deployment in residential real estate history. Thank you to the entire Product & Engineering team who worked tirelessly to make this happen.

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