AS OF THE END OF 2021, COMPASS IS NOW THE LARGEST BROKERAGE IN THE UNITED STATES IN TERMS OF CLOSED SALES VOLUME (REALTRENDS 3/16/22).
After just missing the top spot in a 2021 brokerage ranking, Compass has come out as the largest in the United States in terms of closed sales volume.
Real Trends cited rapid growth in terms of agent count and rising home prices for the brokerage’s debut in the No. 1 spot based on 2021 earnings reports.
“In less than 10 years, we went from nothing — not existing — to #1,” said Compass CEO, Robert Reffkin.
Compass has 26,000 agents in 69 markets, according to its fourth quarter earnings. In 2021, Compass also added nearly 7,000 agents and launched 25 new markets.
Overall, Compass agents closed 225,272 total transactions in fiscal year 2021, up 56 percent from 2020.
The gross transaction value reached $254.2 billion, an increase of 68 percent from the year prior.
Local Maui based Compass agent, Dave Futch, added “I am proud to be a part of the largest brokerage in the U.S. – where I can best support you to find a home almost anywhere you are considering moving. Powered by the Compass network and technology, I have access to the top agents nationwide to help you with all of your real estate needs.
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