Compass Family-
I’m excited to announce that as of today Alain Pinel will be joining our growing team in the Bay Area!
Measured by sales volume, Alain Pinel is one of the ten largest brokerages in the country, according to Real Trends. Over the last 30 years, they have become industry leaders known for their luxury offering, tight-knit culture, and the same entrepreneurial, agent-centric values as Compass.
By partnering with Alain Pinel, we welcome 33 offices and 1,300 agents. With them, we deepen our presence and the reach of our brand, introducing hundreds of additional Compass signs across the Bay Area. Together, in the Bay Area markets we serve, we sell more dollar volume of homes than any other company.
Thank you all for your continued trust and support, and please join me in welcoming Alain Pinel to the Compass family.
Best, Robert
If I was Compass management, next I’d poach every decent Coldwell Banker agent just to teach NRT Guy a lesson he’ll never forget.
With the acquisition, Compass now says it has north of 10,000 agents. In the Bay Area alone, Compass says it has 3,000 agents across 97 office locations. In California, the company claims to have 4,500 agents.
Thanks to its major acquisition of Pacific Union, an aggressive national expansion and recruiting efforts across the country, Compass surpassed Douglas Elliman to become the third largest brokerage in the country, according to Stefan Swanepoel, CEO of T3 Sixty and publisher of the Mega 1000. Compass finished the year, according to Swanepoel, with more than 8,100 agents and $45 billion in sales volume.
According to Compass, the company, post-acquisition, now boasts more than 10,000 agents. Acquiring Alain Pinel Realtors adds another $12 billion in annual sales volume, meaning Compass is now approaching $60 billion in sales volume. That’s still just half of HomeServices of America and a third of NRT’s sales volume.
“A very significant feat for any company, but even more so due to the short time Compass has been around,” Swanepoel told Inman.