Compass parted ways with an agent after the company says he held showings for a home in Altadena, where the sellers were allegedly infected with COVID-19. According to a Compass spokesperson, Gary Wat was aware the household had contracted the virus but failed to disclose the infections to prospective buyers who visited the home, and […]
What Is Compass’ Endgame?
In real estate, optimizing the commission split and generating revenue by selling mortgages are what brokerages have been doing for years. Going down that path is an old, incremental game plan, which is why it’s unlikely to be Compass’ destination. Investors didn’t pump over $1 billion of venture capital into Compass to build “just another […]
July 15 – CVAR At A Glance
Featured Classes and Events July 15 | CRMLS Training – CVAR West July 16 | Drone Rules and Regulations – CVAR HQ July 17 | zipForm® e-Signatures – All locations July 18 | Rev up with Reverse – All locations July 19 | Social Security Secrets – All locations Click here for full calendar of events […]
Aug 27 CVAR At A Glance
Featured Classes and Events Aug. 27 | Ethics Day Replay – All Locations Aug. 31 | Master the Art of Offer Submission – CVAR HQ Sept. 3 | Offices Closed in Observance of Labor Day Sept. 6 | Citrus Valley Caravan – CVAR HQ Sept. 6 | Summit Viewing Party Sept. 13 | Committees & […]
Compass Points to Another Blockbuster Deal
Compass is closing in on a blockbuster deal to buy Pacific Union International Realty, one of the largest brokerages on the West Coast, with $14 billion in sales last year. Compass CEO Robert Reffkin confirmed the deal Tuesday in an email to employees, a copy of which was obtained by The Real Deal. Sources said Pacific Union […]
Compass Acquires Paragon Real Estate Group
REAL Trends represented Paragon Real Estate Group in their transaction with Compass, a real estate technology company, announced last week. This large brokerage acquisition is a maiden voyage for both Paragon Real Estate Group and Compass and marks a big change in the landscape of residential real estate. With the addition of Paragon, Compass’ Bay Area team has […]