Compass Quickly Dominating The Luxury Turf

By: Ellen Paris

Compass, founded in 2012, the country’s fastest-growing luxury real estate technology brokerage company is quickly dominating the luxury turf in 80 cities around the country. Today Compass has 165 offices with 7000 agents in 13 states and over 1,000 employees.

Compass’ business model--“a national network of local experts,” has attracted investment capital from Softbank, Fidelity, Wellington Management, Goldman Sachs, IVP, Advance Publications, Founders Fund, Kenneth Chenault, chairman and CEO of American Express, Marc Benioff, chairman and CEO of Salesforce and LeFrak.

When Compass held it’s 2018 All Team Retreat in Los Angeles in late November 2000 Compass agents and employees filled the Orpheum Theatre where Compass Founder & CEO Robert Reffkin spread the Compass 2020 Vision. The plan--20% market share in the top 20 cities by 2020.

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