Tag Archives: robert reffkin

Compass acquires No. 1 indie brokerage in Central Texas

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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. Continue reading →

Compass adds 10 principal agents to Ocean City office

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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 $136 million in 2022 sales volume. Continue reading →

Compass adds new AI marketing tool to its tech platform

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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. Continue reading →

Compass Sports & Entertainment adds 29 agents to mid-year class

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The new class brings the total number of Compass Sports & Entertainment Division agents up to 158 agents representing 71 different markets. In 2022, they closed more than $7.7 billion in sales volume. Continue reading →

Real estate heroes come to rescue after suffering losses in Maui fires

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Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces. Continue reading →

Successful agents show up, Robert Reffkin says in remote-work rebuke

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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.” Continue reading →

Compass drives down losses, lifts agent count amid Q2 revenue slide

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Compass’ 2Q revenue dropped 26 percent year over year to $1.5 billion, according to an earnings call Monday. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses. Continue reading →

FOMO Alert: 74 things to expect next week at Connect Las Vegas

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With Inman Connect Las Vegas rapidly approaching, Inman founder Brad Inman offers his notes, compiled over two decades, on what attendees should expect at this year’s conference next week. Continue reading →

Compass ‘Performance Tracker’ a ‘repeat and referral goldmine’: CEO

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Compass CEO Robert Reffkin said the brokerage’s new AI-powered Performance Tracker tool will enable agents and team leaders to track gross commission income, sales volume and other data. Continue reading →

Mark McLaughlin back at Compass as chief strategist 2 years after exit

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Former Pacific Union CEO and Compass California President Mark McLaughlin is returning as chief real estate strategist following a 2-year hiatus. McLaughlin’s new role will focus on improving the agent experience. Continue reading →