Today we attended the soft opening of the new Compass office at 1953 San Elijo Ave., Suite 101 in Cardiff By-the-Sea (next door to Cicciotti's). More than 100 Compass agents will occupy both floors eventually (63 now). Other offices being built include a 22,000sf,...
We attended the Compass REtreat in Los Angeles over the last day and a half. It was a quick get-together to roll out the future plans, participate in four breakout sessions on the usual topics - social media, team-building, scripts, and risk management - and attend...
More tip-toeing around the Coming Soon topic in Realtor Magazine yesterday: The surge in off-market “pocket listings”—those held off the MLS in favor of secret channels and networks between agents or within a brokerage—is a growing issue in the real estate industry....
Trying out the Compass tools:
One last promo - any brokerage or disrupter who is going to contend needs to spend Zillow money ($100M/yr) on similar advertising to theirs:
When we made the decision to join with Compass, it was the future of the business that was a primary concern. The I-news summed it up well in their profile of Nick Segal, the founder of one of the SF brokerages recently purchased, and we could relate to what he...
Today was our Compass Day. We met our CEO, Robert Reffkin, and we were thoroughly impressed. We come from different backgrounds - I'm the scrappy street guy, and he is the Wall Street wunderkind - but we see the future of real estate the same way. He mingled for...
The most fascinating thing about working for Compass is how many people ask about Compass (especially other agents). I signed up primarily for the future potential, and where big money might lead us. We got another sense of how big yesterday: Compass, a...
The realtor population of 1.3 million agents today is expected to be cut in half over the next five years. Most will be by natural attrition - the old-style agent is retiring and being replaced by mega-teams. How the brokerages provide for their teams is what will...
The discussion about affiliating with Compass included trying to predict the future of the market, and realtors in general. Historically, there has been a lack of widespread advertising because the realtor business was mostly mom-and-pop operations. But now that big...
