There was a report that the private equity firm was going to buy them. They denied that. But he also was very clear about the distinction between him selling the company and the company being sold, potentially. So it's a little different. And the other thing too is, you know, the Compass following is very big. I can see it in social media comments.
Compass CEO Robert Reffkin had a busy Nov. 10. Hours after speaking at a TRD forum in Miami, Reffkin got on a conference call with analysts to discuss the company's much anticipated earnings results for the third quarter. Compass lost $157 million from July through September — more than it lost in the second quarter. Deconstruct looks at the state of the brokerage, why it's struggling and where it goes from here.
Guests: TRD reporter Harrison Connery, TRD deputy web editor and South Florida reporter Katherine Kallergis.