Biggest US Brokerage Compass (COMP) Aims To Turn Profit As Housing Market Slows & More Latest News Here – Up Jobs

 

Robert Reffkin waltzed into the real estate world a decade ago, using connections honed as a Goldman Sachs Group Inc. banker to raise money for a technology-powered brokerage he promised would upend the industry.

His company, Compass Inc., spent more than $1 billion to become a go-to home seller in New York, Miami and Los Angeles, and rode the pandemic housing boom to an initial public offering. It sold more residential real estate last year than any other brokerage and its revenues made Reffkin one of the 10 youngest Fortune 500 chief executives and the only Black founder on the list. 

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