Thursday 4 April 2019

Rapid change and competition caught up to Stribling ahead of Compass deal

When Elizabeth “Libba” Stribling launched her eponymous brokerage in 1980, listings were still captured on index cards. The concept of co-brokerage barely existed, and small mom-and-pop firms dotted the city. But a wave of brokerage consolidation — fueled by a shift in power to national listing aggregators and tech-focused firms — caught up this week with the Manhattan brokerage, which announced a deal to be acquired by Compass. Over the next few weeks, the SoftBank-backed […]



source https://therealdeal.com/2019/04/04/rapid-change-and-competition-caught-up-to-stribling-ahead-of-compass-deal/

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