Compass

Parent company:
Compass

Product takeaways

  • Compass is a real estate brokerage that offers advanced technology features and services to its agents. Compass is owned by one corporate entity and does not operate franchises in the US.
  • Similar to most traditional brokerages, real estate commissions charged to buyers and sellers working with Compass are negotiated on a case-by-case basis with agents.
  • According to most public sources, Compass' commission splits with agents vary and are negotiated on a case-by-case basis.
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What is Compass?

Compass is a real estate brokerage that offers advanced technology features and services to its agents. Compass is owned by one corporate entity and does not operate franchises in the US.

How does Compass work?

Agents join Compass and gain access its suite of services. Compass provides traditional real estate brokerage services as well as marketing and advertising, listing coordination, transaction coordination, legal services, and office space. Compass also offers additional resources to agents such as bridge loans and support on home improvement services through its Concierge offerings.

How much does Compass cost?

Similar to most traditional brokerages, real estate commissions charged to buyers and sellers working with Compass negotiated on a case-by-case basis with agents.

Who owns Compass?

Compass is privately held.

What is Compass' commission split?

According to most public sources, Compass' commission splits with agents vary and are negotiated on a case-by-case basis.

How many agents does Compass have?

As of late 2020, Compass had over 17,000 agents.

Has Compass had layoffs?

Compass reduced headcount by roughly 15% in March 2020 in response to the Covid-19 pandemic.

Has Compass acquired any companies?

In addition to a number of brokerage acquisitions, Compass acquired Modus, a real estate closing platform, in October of 2020 and Contactually, a real estate CRM, in February of 2019.

This post was last updated on: 

Compass

alternatives and competitors

The following companies are all part of the following category:
Agent tech brokerage
. They are best defined as 
Brokerages that offer unique tech-driven services built in-house to attract agents.
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