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
2023 RealTrends real estate brokerage rankings show growth in low-cost firms
Mar 24, 2023The top four RealTrends 500 brokerage firms maintained their 20% market share in the U.S. But, low-cost firms gained market share.
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NAR’s victory in antitrust probe and brokerage profitability
Jan 31, 2023 -
Homebuilders are leaving the cupboard bare for tomorrow
Dec 20, 2022 -
The debate over real estate brokerage tech and homebuilder pessimism
Jul 20, 2022 -
Has CoStar found Zillow’s Achille’s heel in NYC?
Jun 22, 2022 -
Proptech HomeLight raises $115 million, acquires Accept.inc
Jun 16, 2022 -
Compass and Redfin make cuts amid volatile market
Jun 14, 2022 -
Some mortgage companies expanding despite challenges
May 31, 2022 -
IPO no: Why real estate companies stopped going public
May 31, 2022 -
Compass’ first-quarter trouble and the REX shutdown
May 19, 2022 -
The evolution of the more productive real estate agent
Apr 20, 2022 -
RealTrends 500: Top 5-year movers by transaction sides see big brands on top
Apr 05, 2022