Compass
Compass is one the nation’s largest real estate brokerages, with more than 18,000 agents serving communities throughout the U.S. The company was founded in 2012 by Robert Reffkin, its chief executive officer, and Ori Allon, the company’s chief strategist. Headquartered in New York City, the company is publicly traded on the NYSE under the ticker COMP.
It is a leading technology-enabled residential real estate brokerage, providing an end-to-end platform that includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry.
In 2021, Compass acquired four title insurance companies: Mosus, KVS Title, LegacyTexas Title, and First Alliance Title. All of the acquisitions expand the company’s title and escrow services to California, Colorado, Florida, Washington, Maryland, Virginia, Washington, D.C. and Texas.
Compass has been outspoken about its goal of expanding into every part of the real estate transaction, including ancillary services such as mortgage, concierge, bridge loans, and title and escrow. It launched a mortgage joint venture with Guaranteed Rate, called OriginPoint. Compass is focused on empowering agents to be more efficient and productive and allowing them to invest their time the way they want to, with their clients, so they can grow their business.
Latest Posts
Almost half of listing inquiries don’t receive a response from an agent: DelPrete
Aug 13, 2024Consultant Mike DelPrete managed a team of undercover “secret home shoppers” to test the responsiveness of brokerages to online inquiries on home listings. The average time for a response to online contact was 8 hours and 17 minutes, but the median time was 39 minutes. However, he found that 47% of inquiries didn’t even receive a response, as brokerages left on the table many opportunities to cultivate a new lead.
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Plaintiffs respond to brokerage defendants’ motions to dismiss Batton 2 suit
Aug 07, 2024 -
Compass adds top-performing team in Dallas-Fort Worth
Aug 06, 2024 -
Compass CEO Reffkin: Fears over agent commissions ‘have simply not materialized’
Jul 31, 2024 -
Compass welcomes top-producing Dallas team leader
Jul 26, 2024 -
‘More greetings from Missouri!’ Second wave of commission lawsuit notices hit mailboxes
Jul 25, 2024 -
Compass’s Mark McLaughlin on the firm’s quest for market growth
Jul 22, 2024 -
Compass welcomes more top agents in Florida
Jul 17, 2024 -
Richard Simonelli returns to CoStar after five years away
Jul 15, 2024 -
Top New Jersey team joins Compass
Jul 15, 2024 -
Compass lands top agents in Florida, Colorado
Jul 15, 2024 -
Team Leader Rylie Schroeder on her ‘36 touchpoints’ relationship system
Jul 15, 2024