Compass Launches Compass One: The Industry's First-Ever All-in-One Client Dashboard Connecting Compass Agents to Their Clients In Real Time

Rhea-AI Summary

Compass (NYSE: COMP), the largest US residential real estate brokerage by sales volume, has launched Compass One, a client-facing version of its end-to-end technology platform. This innovative dashboard connects clients with their agents 24/7 throughout their real estate journey.

The platform, developed by Compass's in-house technology team with a $1.6 billion investment, provides three key phases of service: Before the transaction, clients access curated dashboards, customized timelines, and market analyses; During the transaction, clients can track key dates, tasks, and documents; After the transaction, clients maintain access to documentation and stay connected with their agents for future needs.

Compass One aims to strengthen agent-client relationships, drive repeat business, and create new opportunities for ancillary services by providing transparency and streamlined communication throughout the entire homeownership journey.

Positive

• Invested $1.6 billion in developing industry-leading technology platform
• Platform creates new revenue opportunities through ancillary services
• Potential for increased client retention and referral business

Negative

• None.

Compass Provides Agents with a Platform to Guide Buyers and Sellers Through Every Step of Their Homeownership Journey

NEW YORK, Feb. 3, 2025 /PRNewswire/ -- Compass (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume¹, announces the launch of Compass One, the client-facing version of its end-to-end technology platform for real estate agents. Compass One is the only platform designed to connect you and your agent through every phase of your real estate journey and experience 24/7 transparency before, during, and after the transaction for total peace of mind. Through Compass One, agents invite their clients to an all-in-one experience where they can access the tools, services, and advantages Compass offers. Compass One will help strengthen agent-client relationships, drive repeat and referral business, and unlock new opportunities for ancillary services.

"Compass has invested $1.6 billion to create the industry's leading technology platform for real estate agents," said Ori Allon, Compass Founder. "With Compass One, we're bringing that same innovation to consumers, offering a single access point that seamlessly connects them with their agent through their real estate journey."

"Buying and selling a home can be stressful and confusing—but it doesn't have to be," said Compass Founder and CEO Robert Reffkin. "By enabling agents with technology that delivers 24/7 transparency before, during, and after the transaction, Compass One showcases the agent's value well beyond just facilitating transactions: It reinforces their role as trusted, full-service real estate advisors, providing clients with expert guidance at every stage of homeownership."

Home buying and selling can often feel overwhelming and complex, with limited visibility at each stage of the transaction. Compass One aims to eliminate these challenges by providing a streamlined, stress-free experience that guides consumers through every phase of their homeowner journey—before, during, and after their real estate transaction:

• Before the transaction: Compass agents invite their clients to the platform, where they gain access to a curated dashboard and customized timeline. Buyers can easily review their home search collection, view their home tour, review personalized market analyses, and access Compass-exclusive inventory. Sellers gain access to a custom market valuation of their home, real-time visibility into neighborhood trends, and powerful pre-marketing tools like Compass' 3-Phased Marketing Strategy.
• During the transaction: Compass One becomes the single access point to keep clients informed once the home is in contract. Agents can share upcoming steps, key dates, tasks for clients to complete, and essential documents, ensuring clients stay organized and informed.
• After the transaction: Compass One offers an easy way for clients to access documentation and stay connected with their agents, who can provide regular market updates and guidance on homeownership or future real estate needs.

Compass One was developed by Compass' in-house technology team — the largest in the brokerage industry — and combines high-tech solutions with high-touch service, empowering agents with best-in-class tools and support to grow their business, streamline transactions, and deliver exceptional client experiences.

For more information, visit: https://one.compass.com/

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, settlement 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 it more effectively. The Compass network includes Christie's International Real Estate, the world's premier global luxury real estate brand with over 100 independently owned brokerage Affiliates in 50 countries and territories. For more information on how Compass empowers real estate agents, one of the country's largest groups of small business owners, please visit www.compass.com.

¹ Compass was ranked number one real estate brokerage in sales volume for 2023 by Real Trends in March 2024 for the third year in a row

CONTACT:
Devin Daly Huerta
devin.daly@compass.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/compass-launches-compass-one-the-industrys-first-ever-all-in-one-client-dashboard-connecting-compass-agents-to-their-clients-in-real-time-302366747.html

SOURCE COMPASS

FAQ

What features does Compass One (COMP) offer to real estate clients?

Compass One offers clients a curated dashboard, customized timeline, market analyses, document access, task tracking, and continuous agent communication throughout their real estate journey.

How much did Compass (COMP) invest in developing their technology platform?

Compass invested $1.6 billion to create their real estate technology platform.

What are the three phases of service in Compass One (COMP)?

Compass One provides services before the transaction (market analysis and search tools), during the transaction (document and task management), and after the transaction (continued access and market updates).

How does Compass One benefit real estate agents and their business?

Compass One helps agents strengthen client relationships, drive repeat and referral business, streamline transactions, and unlock new opportunities for ancillary services.