NEW YORK, NY, JAN 10, 2022 -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced its expansion to New Hampshire with 15 top agents in Portsmouth representing more than $135 million in 2021 sales volume. [^1] Founding agents joining Compass in Portsmouth include: Scott Rome, Joseph Giordano, Robert Marchewka, Mike Giannone, Kevin Kneeland, Casey Michael Fontaine, Jonathan Levy, Dan Walker, Charlie Strater, Aaron Gass, Terry Boone, Sam Harding, Erick Brunelle, Izaiah Barba, William Reardon, Jake Burhans, and Jody Walker of the Brick & Barn Group.
“Compass New England is excited to announce our expansion into New Hampshire with the launch of our Portsmouth office,” said Marc Decker, Regional Managing Director. “With the launch of offices throughout Connecticut, Rhode Island, and Massachusetts in 2021, Portsmouth is the natural next step in providing our agents and their clients an expansive network throughout New England and beyond.”
Providing a smooth transition for agents when joining Compass is a top priority, but ensuring agents have the tools, support, and marketing to grow their business and improve their quality of life is where we believe Compass succeeds.
“As I got to know Compass over the past few months, it became very clear that this was the right time, the right place, and the right company to partner with. Compass' robust technology, value-driven client programs, and supportive culture aligned perfectly with where we wanted to go with our business at the Brick & Barn Group,” said Scott Rome, principal agent for the Brick & Barn Group and Founding Agent for Compass in New Hampshire. “My team and I are thrilled to be launching Compass in New Hampshire and bringing with us a level of service to the home buying and selling experience our region has yet to see. I can’t wait for our past, present, and future clients to see what this means for them!”
Compass is home to over 25,000 agents operating in over 60 markets in the U.S. When looking at residential sales from the third quarter of 2021, Compass is number one in market share, based on sales volume [^2], in 10 major metropolitan markets across the country including Boston, MA, Denver, CO, Houston, TX, Los Angeles, CA, Nashville, TN, New York, NY, Philadelphia, PA, San Diego, CA, San Francisco, CA, and Washington D.C.
[^1] Based on data from The New England Real Estate Network (NEREN) for the periods described. Compass makes no guarantees as to the reliability, accuracy, or up to date nature of any information from The New England Real Estate Network (NEREN).
[^2] Based on data from the Multiple Listing Service PIN & BrokerMetrics (Boston, MA), the REColorado Multiple Listing Service & BrokerMetrics (Denver, CO), the Houston Association of REALTORS® Multiple Listing Service & BrokerMetrics (Houston, TX), the Los Angeles Multiple Listing Service & BrokerMetrics (Los Angeles, CA), the Realtracs Nashville Multiple Listing Service & BrokerMetrics (Nashville, TN), Urban Digs (New York, NY), the Bright Multiple Listing Service & BrokerMetrics (Philadelphia, PA & Washington D.C.), the San Diego Multiple Listing Service & BrokerMetrics (San Diego, CA), and the San Francisco Association of REALTORS® Multiple Listing Service & BrokerMetrics (San Francisco, CA) for the periods and locations described. Compass makes no guarantees as to the reliability, accuracy, or up to date nature of any information from the sources stated herein.
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 "expect," “predict,” “forecast,” "will," 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 risks related to the impact of the 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-Q for the quarter ended September 30, 2021 filed with the Securities and Exchange Commission (the "SEC") on November 12, 2021, 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.
