Ginger Glass, the nation’s 71st-ranked real estate agent in sales volume according to Real Trends, is making the move from Coldwell Banker Residential Brokerage Southern California to Compass. Glass is the second high-profile departure from the own-side NRT brokerage to Compass in Southern California in a week.

Last week, Chris Cortazzo, Coldwell Banker’s top agent and the number three agent in the country announced he was moving to Compass.

Glass, according to Real Trends, closed $144 million in transactions last year. Her recent sales included, in 2016, a $100 million mansion in Las Angeles’ Holmby Hills neighborhood, a recording breaking sale for a spec home. She holds a number of listings including a $135 million home in Beverly Hills, a waterfront home in Malibu asking $64 million and a Holmby Hills home asking $55 million.

“[Glass’] consistent success, extensive experience, and people-first focus are characteristics that align with the high standards and level of service Compass provides,” Kamini Lane, Compass’ president of Southern California. “We are thrilled to welcome [Glass] to Compass and watch her business grow even further through utilizing our technology, tools, and support.”

The recruitment of two high-profile agents in as many weeks comes on the heels of Compass’ latest $370 million funding round. Rival brokerages have accused Compass of using its $1.5 billion raised from venture capital firms to recruit away agents with high signing bonuses.

“Ginger began her real estate career at Coldwell Banker where she has been an important part of our family for many years and we were great partners for her and her clients,” Jamie Duran, president, Coldwell Banker Residential Brokerage Southern California, said in a statement. “We understand in an uncertain and changing market that a short-term signing bonus can be attractive for some agents.

“Coldwell Banker is a solid and proven long-term company that will continue to expand and evolve to serve its agents and consumers with the best marketing and technology in the industry,” Duran added.

Realogy, the parent company of NRT, is suing Compass over “unfair business practices and illegal schemes to gain market share at all costs.”

In the lawsuit filing, Realogy alleges “Compass offers compensation packages to competitors’ employees and real estate agents that are so inflated that Compass is sure to operate at a loss, and not just in the short term.”

“Compass has leveraged more than $1 billion in funding from outside investors to make up for the losses it has incurred by grossly overpaying, and thus poaching, its competitors’ employees and independent real estate agents,” the complaint continues.

NRT CEO Ryan Gorman recently compared Compass’ recruiting efforts to snag top agents to “shoplifting,” at Inman Connect in Las Vegas. 

Email Patrick Kearns

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
We're giving away 3 free ICLV tickets at Connect Now next week. Register and attend live for your chance to win!REGISTER×
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