The article dives deep into the company's strategy, including its commission splits and tech plays.
Good afternoon —
Our goal at HousingWire is to provide "news nowhere else" and that's especially true of the premium content available to our HW+ members. Today's article by our new senior real estate reporter, Matthew Blake, is a great example:Inside Compass's colorful past and publicly traded future.
Here's just a snippet:
"The brokerage community would like them to go public sooner rather than later, because we are getting sick of the Compass blather," said D.J. Grubb, the Oakland broker behind Grubb & Co. who, nonetheless, blathered (helpfully!) about Compass for an hour.
Once public, Compass will become less an object of fascination, jealousy, scorn and puzzlement from the brokerage community. It will leap into the rat race of quarterly reports along with a handful of competitors, most notably Realogy, which owns Coldwell Banker, Sotheby's International Realty, the Corcoran Group and Better Homes and Gardens.
The article dives deep into the company's strategy, including its commission splits and tech plays. Not an HW+ member? Sign uphere.
Real estate agents and Wall Street analysts love to talk about Compass – good and bad. This is what they're saying ahead of an IPO. HW+ Premium Content
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