Real estate brokerage
Compass helps agents list homes, market them, and close residential sales. It also gives agents software tools for pricing, search, client management, and transaction support.
Customers and revenue model
C
Compass Inc
NYSE:COMP
Compass Inc
NYSE:COMP
Price:
10.21
USD
1.69%
Market Closed
Market Cap:
$7.7B
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Company Overview
Business Description
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- United States of America US
- Employees
- 3 200
- IPO date
- Apr 1, 2021
Compass is a residential real estate brokerage that helps people buy and sell homes, mostly in higher-end urban and suburban markets. It combines traditional agent services with software tools that help agents market listings, manage clients, and run transactions more efficiently. Its customers are homebuyers, home sellers, and the real estate agents who work under the Compass brand.
The company makes money mainly from commissions tied to home sales. When a Compass agent closes a deal, the brokerage earns a share of the transaction value. It also earns revenue from related services that support the buying and selling process, such as title and escrow in some markets, but the core business is still real estate brokerage.
Compass is different from a pure online listing site because it sits in the middle of the actual transaction and depends on human agents, local market relationships, and deal execution. Its software is meant to help those agents win listings and close sales more smoothly, rather than replace them. That makes Compass a mix of technology tools and local brokerage services in a business where trust, access to clients, and transaction handling matter most.
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