Compass
Compass Suing NWMLS in Federal Court Over Antitrust Violations
In yet another legal development within the residential real estate industry, Compass on April 25 filed a federal antitrust lawsuit in U.S. District Court in Seattle over Northwest MLS’s (NWMLS) Clear Cooperation Policy (CCP), claiming that the brokerage-owned trade group has the most restrictive homeowner marketing rules in the country. The lawsuit was telegraphed previously… […]
Compass Leader Bullish on Agent Value; Sees Major Sales Rebound Coming
Above, Robert Reffkin Shifting gears during a standard company earnings report last week, Compass Founder and CEO Robert Reffkin delivered a state-of-the-industry address in which, among other things, he insisted that the residential real estate market will rebound dramatically in the coming years, driven by factors such as increased inventory, all-cash homebuyers and low mortgage… […]
Compass Finally Reveals Residential Numbers for 2021
After being excluded from RISMedia’s 34th Annual Power Broker Report for incorporating commercial transaction data in its reported totals for 2021, Compass has since submitted to RISMedia verified residential-only numbers for the year: 2021 residential sales volume: $ 251,019,336,511 2021 residential transactions: 224,067 Number of offices: 501 Number of agents: 26,257 Compass had previously submitted […]
Realogy, Not Compass, Takes Top Spot in 2022 Power Broker Report
The more than $ 2.2 trillion in collective 2021 sales volume reported by the Top 1,000 respondents to RISMedia’s 34th Annual Power Broker Survey is truly historic. Yet it doesn’t tell the complete tale of last year’s residential real estate market. The missing piece? Compass. While recent industry media coverage has declared Compass “the largest […]