A look at the acquisitions, strategy and key players behind Compass' rise to dominance
Executives at some of the nation’s largest brokerage networks painted a clearer picture of how they're bracing for changes to how the industry approaches commissions, private listings and AI
Revenue was up 21.1% YOY to $2.06B, marking a new all-time high for the brokerage. Transactions were also up 20.9% YOY, even as transactions in the market overall dropped by 0.9%
Conway joined Compass last spring when Latter & Blum was acquired by the brokerage and has served as a regional vice president since then. Now she will lead M&A strategy
Compass has tapped former Susquehanna and Morgan Stanley analyst Soham Bhonsle to lead its investor relations, according to an announcement on Wednesday
Compass brought in $1.7B in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday
Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer
Compass' 2Q revenue dropped 26% year over year to $1.5B, according to an earnings call Monday. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses
Kalani Reelitz joins the brokerage at a time of significant transition, and as it tries to achieve positive cash flow next year