NEW YORK, NY, MARCH 2, 2022 — Compass, Inc., a leading technology-enabled residential real estate brokerage, today announced its expansion into Chapel Hill, deepening its investment in North Carolina and the booming Greater Triangle real estate market.

Compass is honored to welcome a premier group of top local teams and agents within the Chapel Hill market, totaling over $120 million in sales volume for 2021 [^1]. These teams and agents include:

  • The Christine Khoury Team, a top-producing 5-person team from Coldwell Banker Howard Perry Walston.

  • The Trish Lowe Group, a newly formed team founded by top producing agent Trish Sweeney-Lowe from Coldwell Banker Howard Perry Walston.

  • Terra Nova, a 19-person team led by principal agents Tom Wiltberger, Kara Pittman, and Mariana Fiorentino, previously a boutique brokerage in the area.

  • Carolina Collection, an established team founded by long-time Chapel Hill agents Erin Daniel and Heather Schumm, previously a boutique brokerage in the area.

“Chapel Hill is an exciting next step for our continued growth in North Carolina to serve both our agents and their clients. We are thrilled to welcome such a dynamic group of top agents to launch this market,” said Claire Sillner, Director of Operations for North Carolina. “Even more impressive than these agents’ market-leading track records is their dedication to guiding clients through the real estate process with empathy and integrity.”

Brett Bushnell will lead the market as Broker in Charge, bringing with him 18 years of experience in the real estate and mortgage industries. Most recently, Brett oversaw his own Chapel Hill-based brokerage, Tri Local Realty, where he was also a top producer. Additionally, Brett has held numerous leadership positions within both local and statewide realtor associations, including President of the Raleigh Regional Association of Realtors (RRAR) in 2021, and President of the Greater Chapel Hill Association of Realtors (now known as OCHAR) in 2014.

“Now, more than ever, who you work with matters. Compass is at the forefront of the real estate industry — in both their technology and their support for agents,” said Brett. “I couldn’t be more excited to join these high-caliber agents in their mission to help everyone find their place in the world.”

The Chapel Hill launch marks the first expansion for Compass in the Triangle in 2022, since opening last spring in Raleigh, Cary, and Durham. Compass now has over 200 agents across the region, with plans for continued office additions in the near future.

Compass is home to over 26,000 agents in 69 markets covering nearly half of the United States population. In 2021 Compass agents sold over a quarter of a trillion dollars in real estate, closing approximately 225,000 transactions which resulted in $6.4 billion in 2021 revenue for the company.

[^1] Based on data from BrokerMetrics for the periods described. Compass makes no guarantees as to the reliability, accuracy, or up to date nature of any information from BrokerMetrics.

Cautionary Note Regarding Forward-Looking Statements

Statements contained in this press release that refer to future events or other non-historical facts are forward-looking statements that reflect Compass' current perspective on existing trends and information as of the date of this release. Statements containing words such as  "plan," or similar expressions constitute forward-looking statements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from Compass' current expectations depending upon a number of factors affecting Compass' business, including, but not limited to, expansion into new markets, prevailing market conditions, the impact of general economic, industry or political conditions in the United States or internationally, and any future risks related to the impact of the ongoing COVID-19 pandemic. The foregoing list of risks and uncertainties is illustrative, but is not exhaustive. For information about other potential factors that could affect Compass' business and financial results, please review the "Risk Factors" described in Compass' Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the "SEC") on February 28, 2022, and Compass' other filings with the SEC. Except as may be required by law, Compass undertakes no obligation, and does not intend, to update these forward-looking statements after the date of this release.

About Compass
Compass is the largest residential real estate brokerage in the United States by sales volume. Founded in 2012 and based in New York City, Compass provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.compass.com.