CEO Robert Reffkin said Monday in a letter that COVID-19 has created 'one of the most challenging and uncertain moments in our lifetimes'
Compass is temporarily suspending its Bridge Loan Advance program, among other changes
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Read Compass CEO Robert Reffkin's year-end email to agents, in which he provides insights into the privately held company and lays out his vision for 2020
Compass Concierge, Compass Coming Soons, Compass Cares and a forthcoming bridge loans program were all brought to Compass by agents, CEO Robert Reffkin said
The brokerage also revealed plans for an August launch of a 'redesigned consumer search and app experience'
In a company-wide email obtained by Inman, Robert Reffkin also claims Compass is 3rd largest US brokerage and ahead of schedule on its goal of 20% market share in top 20 markets