Compass Expands to Indiana | Market insider

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NEW YORK, July 15, 2021 / PRNewswire / – Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced its expansion to Indianapolis. The company hosts 23 leading agents representing more than $ 160 million in 2020 sales volume. Main agents joining Compass in Indianapolis include: Carrie Holle of the Carrie Holle group, Greg cooper and Lisa phillips of the Cooper group, Mike Feldman of Bond Real Estate, Erin hundley, Ben jones from the Jones team, and Stacey Sobczak.

“We are delighted to launch in Indiana with such an esteemed group of founding agents, ”said Rachel Rohn, Regional President of Compass. “The market-leading agents who join Compass in Indianapolis are known for their exceptional customer service, and we look forward to energizing their businesses with Compass’s proprietary technology and programming. Our continued growth throughout the Midwest region will provide Compass agents with an expanding referral network. “

Compass helps agents grow their businesses, serve more clients, save time and stand out as valued, reliable and professional advisors in their markets. During the first quarter of 2021, Compass achieved sales of $ 1.1 billion, an increase of 80% from the first quarter of 2020. While the US residential real estate market increased its transactions by 14% in the first quarter, Compass increased the total number of transactions by 67%.1

Carrie Holle brings his team of seven agents to Compass, representing $ 65 million in 2020 sales volume. The Carrie Holle group heads one of the most productive teams in the city-Indianapolis region, specializing in the luxury market for both buyers and sellers.

“I have watched the growth and evolution of Compass and have been impressed with their innovation and forward thinking approach,” said Carrie Holle, Compass agent, Indianapolis. “After seeing first-hand their agent-centric offering, I knew they had everything I was looking for in a brokerage: unmatched technology, magnificent marketing, incredible support and service, and the dream team of innovators and executives. Compass will allow me to grow my luxury business in a way that I couldn’t do anywhere else. “

Other agents joining Compass in Indianapolis issued the following statements:

  • “We came to Compass to join the most elite group of brokers in the country. They have unmatched technology, unmatched support to their customers, and industry-leading innovation. Compass is the real estate brokerage of the future. “- Greg cooper, Compass agent, Indianapolis
  • “Compass was the missing piece of the puzzle that will help me take my business to the next level. Every brokerage says they have great support, branding and marketing, but none of them did not match the sophisticated and luxurious image I was looking for. I am delighted and honored to be associated with a company that alone is changing the real estate industry for agents and clients. ” – Mike Feldman, Compass agent, Indianapolis
  • “We have been blown away by the technology platform that Compass provides to its agents, as the efficiency and ease of use of our systems is a top priority. We certainly have high expectations for the design and overall branding and are delighted that Compass aligns with the style and vision we have for our business. We are proud and delighted to be founding agents in Indianapolis and I look forward to making an impact on Compass’s expansion into the market. “- Erin hundley, Compass agent, Indianapolis
  • “Compass is a forward-thinking, agent-centric company that places the agent in the best possible position to serve, work with and deliver the best results to their clients. I am delighted to be a part of Compass Indy’s growth from the beginning.” – Ben jones, Compass agent, Indianapolis
  • “I am delighted to have this great opportunity with Compass and honored to be one of the founding agents of Indiana. This will provide my clients with the latest technology, tools and marketing available and allow me to provide superior service to my clients in the luxury market. Networking with the best Compass agents in other leading markets across the country will also help to further expand our services. “- Stacey Sobczak, Compass agent, Indianapolis

Compass also welcomes Michelle powell as official broker for Indiana. Michelle brings nearly two decades of operational and real estate experience.

Compass is home to nearly 21,000 agents operating in more than 50 markets in the United States In 2020, Compass agents helped sellers and home buyers complete transactions of approximately 152 billion dollars in residential real estate. With 4% of the US market, Compass is the largest independent real estate broker in terms of gross transaction value.2

About the compass
Founded in 2012, Compass is a leading real estate technology company, providing an end-to-end platform that enables its residential real estate agents to deliver exceptional service to both selling and buying clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, customer service, brokerage services and other critical features, all tailor-made for the real estate industry. Compass agents use the platform to grow their business, save time, and run their business more efficiently. For more information on how Compass empowers Realtors, one of the largest groups of small business owners in the country, please visit www.Compass.com.

Caution Regarding Forward-Looking Statements
Statements in this press release that refer to future events or other non-historical facts are forward-looking statements that reflect Compass’s current outlook on trends and information existing as of the date of this release. Statements containing words such as “may”, “believe”, “expect”, “intend”, “will” or similar expressions constitute forward-looking statements. These forward-looking statements are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from Compass’s current expectations depending on a number of factors affecting Compass’s business, including , but not limited to,, expansion into new markets, existing market conditions, the impact of economic, industrial or general political conditions in United States or internationally, and the risks associated with the impact of the COVID-19 pandemic. The above list of risks and uncertainties is illustrative, but not exhaustive. For more information on other potential factors that could affect Compass’ business and financial results, please see the “Risk Factors” described in Compass Form 10-Q for the quarter ended. March 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on May 13, 2021, and other documents filed by Compass with the SEC. Except as required by law, Compass assumes no obligation and does not intend to update these forward-looking statements after the date of this release.

1 We calculate the total of transactions by taking the sum of all transactions closed on the Compass platform in which our agent represented the buyer or seller when buying or selling a home (excluding transactions of location). We include a single transaction twice when one or more Compass agents represent both the buyer and the seller in a given transaction. 14% figure based on NAR data as of March 2021.
2 The gross transaction value is the sum of all closing prices of home sales negotiated by agents on the Compass platform (excluding rental transactions). We include the value of a single transaction twice when our agents serve both the buyer and the seller of the home in the transaction.

(PRNewsfoto / Compass)

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