If you’re currently thinking about getting in touch with a real estate business to help you either buy a home, sell your current one, or both, then you’ve probably been considering the different real estate companies accessible to you. Most likely you’ve come across Compass Real Estate in this search, as it’s a rapidly growing company in the US. But, are they a good company? Are they a company that you’d want to use in the future? Let’s have a look at some of the facts…
One of the best ways to decipher whether a company is “good” or “bad” is to simply put your research in. Read the reviews, post questions on forums or social media, speak to people you know, and so on. Search “Is Compass real estate a good company” – don’t forget to look at employee reviews when you do, as this will give you insider information on how employees are treated. All of this will give you a better idea of what the company stands for. Currently, Compass is well-reviewed by employees on Indeed, with a rating of four out of five stars, as of February 2022.
If we’re going off the company stats, then Compass is certainly doing well. Typically, you’d expect this to be due to them being good at what they do. In the short decade that they have been set up, they’ve grown to serve over 20 areas in the US, with 3,000 employees and 20,000+ agents. Their annual revenue amounts to billions of dollars. All of this would suggest that Compass Real Estate is, indeed, very good. The company went public on April 1, 2021 and had a valuation of $8.22 billion. For the fiscal year that ended 31 December 2020, the company reported revenue of $3.720 billion.
How have they done so well in such a short space of time though? It seems that the smart real estate technology they’ve brought to life has made all the difference, with a variety of services, including:
- Compass Collections – a curated visual workspace
- Compass Insights – a dashboard that features key data points agents can utilize to craft marketing strategies
- Compass Markets – a mobile app with real-time residential data
- The Marketing Center – a digital design studio for Compass real estate agents
- Compass CRM – their very own Customer Relationship Management tool
All of these handy forms of smart technology make life easier for agents and clients alike. Win-win.
You Be the Judge
A lot of the time, it’s all down to personal experience. One person could love a company, another could loathe them, it sometimes just boils down to preferences and differing opinions. However, looking at the data, Compass Real Estate has done very well in recent times, which must be for a reason. If you want to find out for yourself, then you can always get in touch or research more about them to see if they’re suited to you.
It’s always a good idea to weigh up your options when it comes to deciding whether to commit to a real estate agent or not, so we recommend doing this – see what is available to you locally to find the best fit for you. It could just be Compass Real Estate.
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