Curious to know more about the real estate brokerage with which I’m affiliated?
Compass was founded in 2012 and has quickly risen to be the largest residential real estate brokerage in the United States by sales volume for the third year in a row. It is over 33,000 agents strong, across over 400 offices and over 72 markets.
Third Quarter 2024 earnings results showcase strong outperformance compared to the broader market.
Transaction Growth: Compass agents closed over 55,000 transactions in Q3 2024, an increase of 16.1% year-over-year, while the market declined 1.9% for the same period.
Market Share: Compass’ quarterly market share increased to 4.80% during Q3 2024, up from 4.31% same time last year.
Sales Volume: Compass grew sales volume by 13.4% YoY, delivering $57.7B.
Finances: Compass was free cash flow positive in Q3 2024, marking the third quarter in a row and five of the last six quarters of positive free cash flow.
These results underscore the clear momentum Compass has built as a truly innovative and forward-thinking company with unmatched proprietary technology, giving both agents and clients an edge.
See full earnings result here and reach out to learn more and become a client of this innovative company.