One sign isn't going to change the world, but it's an example of how home sales will be changing in the future. If/when homes are sold in-house (not exposed to outside brokers and buyers) like commercial properties, Compass should extend its dominance in San Diego...
In less than 4 years, Compass has become the dominant residential-resale brokerage in San Diego County, and it's not close. Even if you added the two CBs together, their market share is less than half of ours. It's been the aggressive recruiting of top agents that...
Compass has opened the regional headquarters at the multi-use One Paseo in Carmel Valley. “The move for Compass to One Paseo was an easy decision,” said Shana Pereira, San Diego general manager of Compass. “What One Paseo represents in holding onto the community feel...
The local recruiting effort by Compass has been very effective, and it's really starting to show up in the numbers. With 1,200+ productive agents in San Diego County now (I was #160 in July 2018), we are taking away market share and becoming the dominant brokerage -...
Let's note that searching for homes and actually moving are two different things - which goes for the previous Zillow article too about searches being equal to last year.
A remarkable recruiting effort by Compass staff!
We've been working at Compass for two years now! Compass hired the first San Diego agent in January, 2018, and by the time we signed in July, I was #160. Today there are 1,028 Compass agents in San Diego County! Here are my first two blog posts as a Compass guy (with...
My farewell to La Costa - the virus has delayed a new Compass office in Carlsbad, but it's coming:
An interesting conversation yesterday with the guy who made one of the biggest deals in the history of residential brokerages when he sold his company with 1,700+ agents to Compass in 2018. His team developed the graph above on March 31st, and it looks like they are...
When we joined Compass in the summer of 2018, it was clear that the evolution of residential resales was trending towards off-market sales. I said then, "we have to make sure that we're on the right team". The National Association of Realtors tried to affect the...
