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Tag: compass

A Peek Behind the Compass Curtain

A Peek Behind the Compass Curtain

As you know, Compass is a company that both fascinates and confuses me. This weekend, I watched an hour long video from their all-hands gathering in Los Angeles a few weeks ago. It’s a great look into the company and thought it worth sharing. A…

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The Problem with Compass: “We’re About the Agent”

The Problem with Compass: “We’re About the Agent”

During one of the Hacker Connect sessions, Maëlle Gavet from Compass said the following: It’s about the agent. That, right there, is my problem with Compass. They are catering to the real estate agent. As long as that’s the case, they aren’t really changing anything. At…

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Compass Opens Shop in Seattle

Compass Opens Shop in Seattle

A few weeks ago, I shared the news that Compass was entering the Seattle market. The wait is over — they’ve opened their doors, via a partnership with Northwest Group Real Estate. I’m anxious to watch how Compass positions themselves in the Seattle market over the next 12-24…

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Compass Battling Regional Heavyweights, and Entering Seattle

Compass Battling Regional Heavyweights, and Entering Seattle

Tech enabled real estate brokerage darling Compass recently entered the Chicago market. Clearly, the local brokerage community noticed. Baird & Warner put an ad in the paper (via Geek Estate mastermind member Eileen of Truepad): @Properties put up the following billboard (via Eileen at Truepad via…

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The “Tech-Enabled Real Estate Brokerage” Pitch

The “Tech-Enabled Real Estate Brokerage” Pitch

It’s widely agreed upon that the rise of tech-enabled brokerages are one of the major major trends to watch in the real estate industry. Namely, Redfin, Compass, eXp Realty, and NextHome. From an agent perspective, I’m trying to better understand how these new models differentiate from each other….

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Will VOWs Go the Way of the Dark Ages?

Will VOWs Go the Way of the Dark Ages?

There’s a fantastic article on the topic of VOWs that Inman published last week. It’s written by David Kully, an antitrust partner for Holland & Knight LLP. Mr. Kully worked for 18 years at the Antitrust Division of the U.S. Department of Justice, where he played a central role…

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Compass and Big Plans

Compass and Big Plans

I watched the video of Robert Reffkin’s vision for real estate’s future (via Inman)… Compass’ goal is 20% market share in the top 20 cities by 2020. How are they going to do it? Invest in their team (meaning buying agents), and build a…CRM? Say…

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A New Real Estate Unicorn

A New Real Estate Unicorn

There’s a new entrant to the unicorn club: Compass (just closed on a $70 million round). I’m curious to hear the industry’s thoughts on how what they’re building is defensible? What’s their moat? They are poaching top talent from other firms, what’s to prevent the same…

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Urban Compass is Now Compass

Urban Compass is Now Compass

Urban Compass (which I’ve written about before) recently re-branded to Compass, as they are expand outside of their urban NYC environment to the suburbs (Washington, D.C., Maryland and Virginia). They have money, are extremely well connected, and are investing heavily in tech tools. I like the newer, shorter…

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