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
Compass loses money, explores mortgage
May 12, 2021Compass is exploring either building a mortgage arm, buying a mortgage company or following the lead of other resi brokerages and entering into a JV.
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Compass’s next battle: trade secret lawsuits
May 12, 2021 -
Bay Area team bolts Compass for Side
May 06, 2021 -
Lawsuit claims Compass defrauds agents
May 03, 2021 -
Compass acquisition could worry some California agents
Apr 26, 2021 -
Warren Buffett’s boring, dominant resi brokerage
Apr 15, 2021 -
Compass makes its hotly anticipated Wall Street debut
Apr 01, 2021 -
Compass scales back IPO valuation target to $7 billion
Mar 31, 2021 -
Tracey Velt breaks down the latest RealTrends 500 rankings
Mar 30, 2021 -
These brokerages topped the RealTrends 500 in 2020
Mar 25, 2021 -
Compass aims for $10B+ market valuation
Mar 23, 2021 -
Compass’s title firm runs into trouble in Washington
Mar 22, 2021
