April 26, 2024

The residential real estate world is guilty of some fuzzy math. Compass disclosed that its national market share over the past two years is lower than it had previously claimed, with the brokerage pointing to a change in how the National Association of Realtors estimates home prices. Within Compass’ second-quarter earnings report released last week was a note explaining that the firm had updated its market share estimates for 2020, 2021 and the first quarter

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Residential Real Estate, compass, National Association of Realtors, Residential Brokerage The Real Deal New York Read More

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