Brokerage Operations
5,041 Agents Left Compass in Q1. Here's the $500M Math Behind It.
Compass raised its three-year savings target to $500M after the Anywhere merger. 5,041 agents departed in Q1. Per-agent economics, $3.14B debt load, and what it means for your brokerage decision.
'You Need NAR for MLS Access' Is Wrong — Here's the Dues Math
NAR repealed its MLS membership requirement in January 2026. 300,000 members already dropped. Here's the market-by-market dues math, what you lose, and a decision framework by agent type.
Q4 Brokerage Earnings Exposed a New Tech Moat: Cash Flow Discipline
Q4 2025 earnings show Compass, eXp, and RE/MAX are winning on cash flow discipline, not feature count. Here is what team leaders should copy.