Compass: Building A Real Estate Goliath While The Industry Is Weak

  • Compass is outperforming the shrinking real estate industry, growing market share both organically and through acquisitions, despite challenging macro conditions. Innovative product offerings and international expansion, including the Christie's acquisition, are driving growth and attracting agents and sellers to the Compass platform. Profitability is improving meaningfully, with rising attach rates for title, and escrow services and disciplined operating expense growth supporting adjusted EBITDA gains.