The rapidly growing brokerage has acquired Central Coast Realty Group, bolstering its already formidable presence in California’s central coast.

Compass has acquired Central Coast Realty Group (CCRG), a central coast-based indie brokerage with 42 agents and five offices, the company announced Friday. With the acquisition, the New York City-founded Compass grows to more than 12,000 agents in 250 offices.

Eric Pinckert, the broker and co-owner of CCRG will stay on as the managing director of the northern central coast.

“By partnering with Compass, an innovator in the real estate industry, CCRG will be a part of the future of real estate alongside the best agents across the country,” Pinckert said in a statement.

Compass plans to retain all five of CCRG’s offices and all 42 agents and five staff members, a spokesperson for Compass told Inman. The spokesperson declined to share CCRG’s sales volume and transaction sides from 2018.

The acquisition is Compass’ second in California this year and fourth overall. In March, the Company announced the acquisition of Alain Pinel Realtors and last year, it acquired Pacific Union International and Paragon Real Estate Group.

Compass has grown precipitously on the backs of major acquisitions – including Stribling & Associates in New York, Avenue Properties in Seattle, Conlon Real Estate in Chicago and Wydler Brothers Real Estate in Washington D.C., in addition to the aforementioned California acquisitions.

Email Patrick Kearns

How do you stay ahead in a changing market? Inman Connect Las Vegas — featuring 250+ experts from across the industry sharing insight and tactics to navigate threat and seize opportunity in tomorrow’s real estate market. Join more than 4,000 top producers, brokers and industry leaders to network and discover what’s next, July 23-26 at the Aria Resort. Hurry! Tickets are going fast, register today!

Thinking of bringing your team? There are special onsite perks and discounts when you buy tickets together. Contact us to find out more.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
The best of real estate is gathering in Las Vegas NEXT month! Grab your ticket before prices go up on October 1.Register Now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription