Compass, Inc.
Compass, Inc. operates a residential real estate brokerage in the United States. It has approximately 29,000 agents, who are generally independent contractors, on its platform.
Engineering Hub in Seattle | |
Formerly | Urban Compass, Inc. (2012–2021) |
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Company type | Public |
Traded as | NYSE: COMP |
Industry | Real estate |
Founded | October 4, 2012 |
Founder | Ori Allon Robert Reffkin Avi Dorfman |
Headquarters | New York, New York , United States |
Area served | United States |
Key people |
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Services | Broker |
Revenue | US$4.89 billion (2023) |
US$−315 million (2023) | |
Net income | US$−320 million (2023) |
Total assets | US$1.16 billion (2023) |
Total equity | US$432 million (2023) |
Owner | SoftBank Vision Fund (30.1%) Robert Reffkin (2.1%) |
Number of employees | 2,549 (2023) |
Website | compass |
Footnotes / references |
In 2023, the company completed 178,848 transactions for a gross dollar value of $186.1 billion. It had a market share in the U.S. of 4.5%. SoftBank Vision Fund owns 30.1% of the company.
For its customers who sell their homes, in addition to regular brokerage services, the company provides access to loans to make home improvements and access to bridge loans to fund down payments on new homes before the customers' previous home is sold.
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