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...
Compass intends to comply with NAR's Clear Cooperation Policy MLS 8.0. In addition, the corporate staff will work the MLS to see if we can create a Coming Soon section, like many other areas are doing. The 8.0 policy legitimizes the Coming Soon marketing, and allows...
Robert is committed to building the end-all platform for real estate - more details on the AI feature haven't reached the west coast yet, but the game plan is clear. Hire the best agents, give them the money to spruce up the properties, and feature those new listings...
We used the Compass Concierge to pay for improvements at our new listing in Auberge just for the convenience. It meant that the seller didn't have to bother with arranging and paying contractors - we took care of that for him, and Compass will get reimbursed out of...
The way this is going, Realogy is going to get stripped down and sold for parts: With his back against the mats, Realogy CEO Ryan Schneider considered selling the brokerage to its chief rival: Compass. In a statement Friday, the SoftBank-backed brokerage said...
The Compass office at the La Costa Resort began as a P.S. Platinum office, and then Julie and her team were there until a few months ago. The Klinge Realty Group is next! It's only worth being there if you can find ways to take advantage of the location and...
This sold for $1,778,000 in November - man, those one-story homes are hot:
Pocket listings should keep the excitement level higher for now. From the Business Insider: The ultra-wealthy are known for being exclusive, and the way they handle the purchases and sales of their multimillion-dollar homes is often no exception. Now, that’s not to...
Here's the official announcement, but the WSJ said that bringing in Dragoneer probably means that the IPO is getting close: On Tuesday, Compass announced its $370 million Series G round of fundraising at a valuation of $6.4 billion -- a 45% increase in valuation in...
