Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down.
This month, Coldwell Banker CEO M. Ryan Gorman and Opendoor CEO Eric Wu relinquished their chief executive posts. Inman founder Brad Inman envisions a cold winter ahead.
Two days after M. Ryan Gorman's surprise exit from Coldwell Banker, four industry experts considered the weight of Wall Street on companies' leadership decisions amid a market downturn.
Ryan Gorman was a long-time veteran of Coldwell Banker's parent company and has helmed the brokerage for the last three years.
M. Ryan Gorman said the current downturn is an opportunity for his company, while noting that some competitors "may not have a plan for good times let alone a plan for bad times."
M. Ryan Gorman, CEO of Coldwell Banker Real Estate, and Brian Donnellan, CEO of Bright MLS, told a rapt audience at Inman Connect New York why the industry hasn't reached the "latte vision" yet.
Realogy says it believes in buyer agents and cooperative compensation, but not in forcing brokers to enter a commission amount to list in a multiple listing service.
Realogy is publicly calling on the National Association of Realtors to kill a requirement that listing brokers offer commissions to buyer brokers in order to submit listings to Realtor-affiliated multiple listing services.
The Coldwell Banker CEO told the Inman Connect crowd that external lead sources like Zillow change, but organic lead growth puts agents in control.
The pandemic, a big acquisition and the specter of Zillow were all significant parts of Coldwell Banker's latest gathering.
To get a sense of how Coldwell Banker is faring in these unusual times, Inman recently spoke with CEO M. Ryan Gorman. Here's what he had to say.
Coldwell Banker CEO M. Ryan Gorman shares how his childhood, a team intervention and a NAREB conference shifted his approach to life and leadership. Read all about it ahead of his appearance at Inman Connect Las Vegas.