Compass, Inc.
| Engineering Hub in Seattle | |
|---|---|
| Owner | SoftBank Vision Fund (30.1%) Robert Reffkin (2.1%) |
| Number of employees | 3,191 (2022) |
| Website | compass.com |
| Footnotes / references |
Who are the shareholders of Compass real estate?
Top 10 Owners of Compass Inc
| Stockholder | Stake | Total change |
|---|---|---|
| The Vanguard Group, Inc. | 10.00% | +5.87% |
| BlackRock Fund Advisors | 3.74% | +11.46% |
| Antipodes Partners Ltd. | 3.41% | -15.50% |
| Senvest Management LLC | 3.22% | +13.65% |
Who founded Compass real estate?
Robert ReffkinCompass, Inc. / Founder
Who is the CEO of Compass Inc?
Robert Reffkin (Oct 2012–)Compass, Inc. / CEO
Robert Reffkin Founder, Chairman and Chief Executive Officer
He was inspired to enter the world of real estate by his mother, Ruth, a longtime agent who now proudly works at Compass.
Where is Compass Group headquarters in the US?
Charlotte, NC
Compass Group North America establishes its headquarters in Charlotte, NC. Wins the largest business and industry account in the US foodservice market: providing IBM's 100,000 employees with food and vending.
Who are the investors in Compass?
Compass is not owned by hedge funds. SoftBank Investment Advisers (UK) Limited is currently the largest shareholder, with 25% of shares outstanding. With 10% and 6.0% of the shares outstanding respectively, The Vanguard Group, Inc. and Robert Reffkin are the second and third largest shareholders.
We're a real estate company with a purpose. Want to join us on this mission?https://t.co/lDhQportSe pic.twitter.com/vdo5GoDi7W
— Compass (@Compass) June 7, 2017
Why is Compass real estate losing money?
Revenue decreased by 26% year-over-year to $1.5 billion as transactions declined 19% driven by macroeconomic factors, combined with a decrease in the price of the average Compass transaction which was in part attributable to a shift in mix involving fewer sales in high-end markets like California.
Frequently Asked Questions
Who is the owner of Compass?
Robert Reffkin
Founder & CEO
Robert Reffkin founded Compass in 2012, drawing inspiration from his mother, Ruth, a longtime real estate agent. Under his leadership, Compass ascended to become the country's #1 real estate brokerage in the United States, achieving half a trillion dollars in real estate sales.
How old is Robert Reffkin?
44 years (June 7, 1979)Robert Reffkin / Age
Who is the new Compass CEO?
Robert Reffkin
Hear this out loudPauseRobert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss why the housing sector may be taking a turn for the worse, what the inventory bottom reflects, and if people are beginning to accept higher mortgage rates.
What is the agency law in Tennessee?
Agency law in Tennessee states that an agency relationship does not exist without a bilateral, written agency agreement between the licensee and the buyer or seller. An agency disclosure form, or confirmation of agency status, is NOT an agreement!
Who is the CEO of Tennessee Realtors?
Angela Shields -
Angela Shields - CEO - Tennessee REALTORS | LinkedIn.
How do I find the owner of a specific property?
9 Ways To Find Out Who Owns A Property You Want
- Visit The Local Assessor's Office.
- Check With The County Recorder.
- Ask A Title Company.
- Talk With A Real Estate Agent.
- Contact A Real Estate Attorney.
- Search The Internet.
- Visit Your Local Library.
- Knock On The Door.
How is Compass different than Redfin?
There are some similarities between Redfin and Compass, but the latter is a far more traditional real estate firm, with agents who charge high commissions. Redfin has a more well-developed suite of services and technology platform, which support a truly industry-disrupting low commission strategy.
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 is Compass real estate business model?
Compass is an American property technology company founded by Robert Reffkin and Ori Allon. The company has a focus on providing services for real estate buyers and sellers in lucrative, high-margin markets. Compass collects a sales commission for each property sold and shares it with the agent.
Who is Compass biggest competitor?
Top 9 Compass competitors
- PLACE.
- Playhouse.
- Enkasa.
- Side.
- UPTOP.
- Brokers + Engineers.
- Redfin.
- Trulia.
FAQ
- 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.
- How much do compass real estate agents make in NYC?
- Compass Real Estate Salary in New York City, NY
Annual Salary Monthly Pay Top Earners $84,370 $7,030 75th Percentile $64,100 $5,341 Average $51,849 $4,320 25th Percentile $43,300 $3,608 - 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.
- How does Compass Inc make money?
- Compass is an American property technology company founded by Robert Reffkin and Ori Allon. The company has a focus on providing services for real estate buyers and sellers in lucrative, high-margin markets. Compass collects a sales commission for each property sold and shares it with the agent.
- How much does Compass pay in New York?
- The average Compass salary ranges from approximately $40,654 per year for a Line Cook to $414,734 per year for a Senior Managing Director. The average Compass hourly pay ranges from approximately $19 per hour for a Line Cook to $91 per hour for a Senior Product Designer.
- Why are people leaving Compass?
- Compass is laying off more people after two rounds of job cuts in the past eight months. The embattled brokerage has hemorrhaged money as home sales dip amid higher interest rates. The firm, which went public at an $8 billion valuation in 2021, now has a $1 billion market cap.
- Is Compass the number one brokerage in the US?
- We are thrilled to share that as of the end of 2021, Compass is now the largest brokerage in the United States in terms of closed sales volume (RealTrends 3/16/22). Why this matters to you. We can confidently say that our referral network is officially the best in the United States.
- 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.
- Why do people choose to work in real estate?
- It gives you flexibility, unlimited earning potential, and true independence. You can help grow and transform your community by connecting people to the best places to live or do business. We want to help you get started creating a satisfying career built around your personality and innate talent!
- When did Compass real estate go public?
- April 1, 2021 Hear this out loudPauseOn April 1, 2021, the company became a public company via an initial public offering.
Who owns real estate firm compass
| How much money has Compass real estate lost? | Hear this out loudPauseCompass CEO Robert Reffkin did not mince words Tuesday evening when he told investors and analysts listening to the firm's fourth-quarter earnings call that 2022 was a “very difficult year.” | ||||||||
| Will Compass ever be profitable? | Hear this out loudPauseCompass says it's on the path to profitability. The first quarter of 2023 was yet another unprofitable quarter for real estate brokerage Compass. But despite a 31% annual decrease in revenue to $957 million, firm executives were optimistic about the future of Compass. | ||||||||
| What is a good slogan for real estate? | Ideas for attention grabbing real estate slogans
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| Can a real estate company be international? | International real estate agents help clients buy or sell property in another country. They also help people whose businesses have expanded into another country find a second home and provide them with expert advice on real estate trends from around the world. | ||||||||
| How do you come up with a business motto? | Here are ten tips to help you craft a strong business tagline:
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| How do I start an international real estate business? | 7 Keys to Success
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| What are the three most important words in real estate? | There is an old adage, that the three most important words in real estate are 'Location, Location, Location'. | ||||||||
| Who owns Compass? | Compass, Inc.
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| Why is Compass stock dropping? | Shares of Compass (COMP 3.43%) were falling today after the real estate brokerage posted disappointing results in its second-quarter earnings report, missing estimates on the top and bottom lines and showing its turnaround efforts were running out of steam. As of 1:54 p.m. ET on Tuesday, shares were down 8.2%. |
- What is Compass real estate CRM?
- It's called compass CRM. And it empowers you with artificial intelligence bringing all of your contacts together on a single platform organizing them into groups.
- Who owns compass real estate
- Compass was founded by Ori Allon, Robert Reffkin, and Avi Dorfman as Urban Compass, Inc. in New York City in October 2012. Allon was a Director of Engineering
- What is the outlook for Compass real estate?
- Compass Inc (NYSE:COMP) The 8 analysts offering 12-month price forecasts for Compass Inc have a median target of 3.75, with a high estimate of 6.00 and a low estimate of 2.00. The median estimate represents a +82.93% increase from the last price of 2.05.
- How is compass real estate doing
- Feb 28, 2023 — ... do not assume any obligation to update these statements as a result of ... real estate industry. Compass agents utilize the platform to grow
- What is CMPS designation?
- Generate Higher-Quality Referrals, Close More Loans from Financial Advisors, and Grow Your Mortgage Business as a Certified Mortgage Planning Specialist (CMPS®).
- Who owns CMPs?
- Largest shareholders include ARKG - ARK Genomic Revolution ETF, ARK Investment Management LLC, Agf Management Ltd, Deep Track Capital, LP, Barclays Plc, Nikko Asset Management Americas, Inc., Sumitomo Mitsui Trust Holdings, Inc., Founders Fund VII Management, LLC, BlackRock Inc., and IBB - iShares Nasdaq Biotechnology
- What kind of company is CMPs?
- Company Information COMPASS Pathways plc is a United Kingdom-based mental healthcare company. The Company is developing psilocybin therapy through late-stage clinical trials in Europe and North America for patients with treatment-resistant depression (TRD).
- What kind of company is CMPS?
- Company Information COMPASS Pathways plc is a United Kingdom-based mental healthcare company. The Company is developing psilocybin therapy through late-stage clinical trials in Europe and North America for patients with treatment-resistant depression (TRD).
- Is CMPS a buy?
- The average price target represents 766.49% Increase from the current price of $5.79. COMPASS Pathways's analyst rating consensus is a Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.
