'I started Compass because of my mom, Ruth,' the CEO of the soon-to-be-public firm wrote in an SEC filing
The company also posted a net loss of $270.2M in 2020, according to the filing
Even as it prepares to go public, Compass hasn't shied away from building through acquisition
The acquisition shows Compass is still bullish on New York City's recovery
The 77-page complaint says the modernization of the real estate industry poses an 'existential threat' to Realogy
The new tech tool is aimed at helping Compass agents manage their pipeline 'from lead to active client to close'
Martinez joined Compass while the company was still young and went on to lead and help launch operations in multiple parts of the U.S.
What are the next steps? How do Compass agents stock grants or RSUs work, and when can agents sell their shares? Will going public change the way Compass operates? Inman answers those questions and more
Opinion
Compass never spouted ideas about blockchain, iBuying or agent robots. Instead, it touted branding, culture and light tech, but within the box of a 120-year-old business model
Compass' initial public offering has been the source of speculation at both Inman and other media outlets since at least 2017. Here's a look back at the origins of our obsession
The company appears to be deploying an initial public offering strategy rather than going public through a special purpose acquisition company
The lawsuit, filed in California by agent J. Gregory Maffei, allows a glimpse into the kind of contracts the company offers agents, which have drawn the ire of many in the industry
In a memo sent to the companies agents and employees, Robert Reffkin celebrated the company's 2020 achievements and looked ahead to the upcoming year
The company needs to navigate a successful public offering all while retaining agents and delivering on its tech promises
In a memo obtained by Inman, Compass Chief Executive Robert Reffkin tells agents that an initial public offering will allow the company to invest in more tools and support