how much do real estate agentsmake

Discover the inner workings of Compass real estate technology and how it simplifies the home buying and selling process. Explore its features, benefits, and frequently asked questions to gain a comprehensive understanding.

In today's digital age, technology has revolutionized various aspects of our lives, including the real estate industry. One such groundbreaking technology is the Compass real estate platform, which has transformed the way we buy and sell homes. This article aims to delve into the intricacies of Compass real estate technology, exploring its functionalities, benefits, and how it simplifies the real estate journey for both buyers and sellers.

How Does Compass Real Estate Technology Work?

Compass real estate technology combines advanced algorithms, data analytics, and an intuitive user interface to provide a seamless experience for home buyers and sellers. Here's a breakdown of its key components:

  1. Comprehensive Property Listings:
  • Compass aggregates listings from multiple sources, including the Multiple Listing Service (MLS), to create a comprehensive database of available properties.
  • The platform employs cutting-edge algorithms to ensure accurate and up-to-date property information, making it easier for users to browse through listings and find their dream home.
  1. Advanced Search Filters:
  • Compass

They use solutions such as Redshift, Snowflake, Tableau, and Looker to support their data needs. Compass uses their vast amounts of data not only to power real estate deals through their customer-facing products, but to shape the future of the products themselves.

What CRM does Compass real estate use?

We've built the platform for your contacts. And your deal. So you can make every client feel like your own plan. It's called compass CRM.

How is Compass different from other brokerages?

Compass is a real estate brokerage, but at its core, it's a tech company. Compass has invested heavily in creating an end-to-end, all-in-one platform that makes the job of a real estate agent as easy as possible.

What is the difference between Compass and Zillow?

As we discussed at length in our post on best sublet websites, the main difference between Compass and Zillow is that Compass is a single brokerage firm with many agents and offices, but Zillow is a listings aggregation portal, showcasing inventory and offerings from thousands of different brokerage firms.

What type of software is compass?

Compass is a developer experience platform that brings your distributed software architecture and the teams collaborating on it together in a single, unified place.

Is Compass Housing legit? is our consumer-facing website. Scammers have created fake or copycat websites, such as or, purporting to be a legitimate Compass site. These websites often look identical to our official site, and sometimes even include legitimate phone numbers.

Is Compass Realty profitable?

Compass is bordering on breakeven, according to the 5 American Real Estate analysts. They expect the company to post a final loss in 2024, before turning a profit of US$7.0m in 2025. So, the company is predicted to breakeven approximately 2 years from now.

Frequently Asked Questions

How much do Compass agents make in NYC?

$162K. The estimated total pay for a Real Estate Agent at Compass is $162,407 per year.

How much money can you make with green compass?

As of Oct 23, 2023, the average hourly pay for a Green Compass in the United States is $26.96 an hour.

Is Compass real estate profitable?

Compass is bordering on breakeven, according to the 5 American Real Estate analysts. They expect the company to post a final loss in 2024, before turning a profit of US$7.0m in 2025. So, the company is predicted to breakeven approximately 2 years from now.


What are the negatives of compasses?

A compass is often regarded as a failsafe piece of kit. However, the presence of magnets in so much modern technology does render it liable to interference and even reversed polarity. Most climbers are aware how metal, such as an ice axe, can deflect the compass needle if held too close.

Is Compass an online brokerage?
Despite being an online brokerage, Compass's physical offices mean that agents have a deep understanding of the areas where they work, allowing them to deliver a more empathetic service.

Who owns Compass?

Compass, Inc.

Engineering Hub in Seattle
OwnerSoftBank Vision Fund (30.1%) Robert Reffkin (2.1%)
Number of employees3,191 (2022)
Footnotes / references

How does compass real estate technology work

How much do most real estate brokers make?

Real Estate Broker Salary in California

Annual SalaryHourly Wage
Top Earners$136,928$66
75th Percentile$114,600$55
25th Percentile$71,600$34
What makes the best real estate broker? Top Ten Traits of a Real Estate Agent
  1. Knowledge is power.
  2. Build a network of connections.
  3. Understand the local housing market.
  4. Attention to detail.
  5. Engaging personality.
  6. Interest in houses and architecture.
  7. Hustle and tenacity.
  8. Honesty and integrity.
  • Who is the richest real estate broker?
    • Donald Bren takes the crown as the wealthiest real estate mogul globally, boasting a staggering net worth of $16.2 billion as of August 2022. His fortune skyrocketed by nearly two billion dollars in just two years.

  • Why is Compass real estate failing?
    • Part of the problem for Compass was that 2022 generally was a bad year for the stock market. And on top of that, investors cooled on real estate stocks in particular, sending them falling more than the market generally.

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