1,500-agent Tennessee real estate brokerage joins Compass
49-year-old Nashville brokerage Parks Real Estate has merged with Compass. The firm boasts 15 offices statewide and closed $6.25B in sales last year, according to an announcement Monday
by Marian McPherson May 13
Compass posts revenue spike and increases agent count in strong Q1
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday afternoon
by Jim Dalrymple II May 8
Compass acquires 3,100-agent Gulf Coast giant Latter & Blum
Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time
by Jim Dalrymple II Apr 3
Compass lifts agent count in Q4 but falls short of positive cash flow
The fast-growing brokerage also suffered a net loss of $83.7M in the quarter, which was an improvement compared to the loss 1 year earlier
by Jim Dalrymple II Feb 27
WATCH: Robert Reffkin talks portals, agents, the NYC subway
In a recent appearance at Inman Connect New York, the Compass CEO discussed his company's ongoing industry dominance and came out in favor of Homes.com in the portal wars
by Christy Murdock Feb 17
Top Bay Area team boomerangs back to Compass from Side
Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they're bringing 4 additional team members back to Compass with them
by Jim Dalrymple II Feb 13
Compass CEO Robert Reffkin comes out in favor of Homes.com
On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024, and revealed he takes public transit around New York
by Jim Dalrymple II Jan 25
Robert Reffkin relinquishes stock unit awards for $7M cash bonus
An SEC filing showed the Compass CEO is letting go of $25M in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary will become $900K
Teams Spotlight: The Pargh Team
Learn how this Nashville team focuses on relationship-building and how it's paying dividends as they grow their impact
by Christy Murdock Dec 14
Win dinner with Robert Reffkin in Compass' Back to Basics challenge
25 Compass agents with the most buyer-exclusive agreements and in-person interactions after 100 days of 2024 will win a trip to NYC, lunch with Leonard Steinberg and dinner at Reffkin’s home
by Lillian Dickerson Nov 20
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Robert Reffkin: What we have now is a 'connection issue'
In a keynote address at Compass RETREAT on Tuesday, the CEO stressed getting back to basics, forging sincere connections with clients as key to surviving and thriving in the current market
by Lillian Dickerson Nov 15
What to expect at Compass' annual RETREAT in San Diego this week
Throughout the week, RETREAT attendees will learn how to develop new business tactics, wield technology more efficiently and stay afloat as guidance around commissions changes in 2024
by Lillian Dickerson Nov 14
New commission lawsuit targets REBNY and 26 companies in NYC
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
by Taylor Anderson Nov 10
Compass acquires No. 1 indie brokerage in Central Texas
NYC-based brokerage Compass has acquired Realty Austin and Realty San Antonio for an undisclosed amount. The brokerage closed $5.24B in 2022 sales volume
by Marian McPherson Sep 27
Compass adds 10 principal agents to Ocean City office
Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136M in 2022 sales volume
by Marian McPherson Sep 27
Compass adds new AI marketing tool to its tech platform
The new tool comes during a year of heightened interest in artificial intelligence. It'll help agents write listing descriptions, craft social media posts and more
by Jim Dalrymple II Sep 15
Compass Sports & Entertainment adds 29 agents to mid-year class
The new class brings the total number of Compass Sports & Entertainment Division agents up to 158, representing 71 different markets. In 2022, they closed more than $7.7B in sales volume
Successful agents show up, Robert Reffkin says in remote-work rebuke
During an Inman Connect panel on Wednesday, Compass' CEO argued the brokerage's in-person philosophy gives it an advantage over rival firms 'charging the least and giving you the least'
by Jim Dalrymple II Aug 9
The ultimate guide to Inman Connect Las Vegas 2023
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
by Marian McPherson Aug 8