NEW YORK, April 18, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its first quarter 2024 financial results will be released after market close on Wednesday, May 8, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT. Call details are as follows: The conference call will be accessible online via the Compass Investor Relations website, ht ...

Feverpitched/iStock via Getty Images The National Association of Realtors or "NAR" just announced a $418 million settlement in a deal that is supposed to "spare" home sellers from automatic commission to the buyer's agent. This news seemed to get lots of publicity but in reality, I believe it is much ado about nothing. First of all, home sellers don't have to sell their homes at all, and they certainly don't have to pay anyone to sell them. They can do a for sale by owner or "FSBO". As most people know, thi ...

NEW YORK--(BUSINESS WIRE)--Prudence, an early-stage venture firm investing in technology companies leading the global transformation of the built world, announced the closing of its third fund with $80 million of capital commitments. Founded in 2009, Prudence has been investing in early-stage technology companies for the last 15 years. The firm invests across multiple verticals, including construction, real estate, infrastructure, and climate/energy adaptation. “We are grateful to our limited partners fo ...

Compass, Inc. (NYSE:COMP) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET Company Participants Richard Simonelli - Vice President of Investor Relations Robert Reffkin - Founder and Chief Executive Officer Greg Hart - Chief Operating Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Jason Helstein - Oppenheimer Bernie McTernan - Needham & Company Ryan McKeveny - Zelman and Associates Operator Thank you for standing by. And welcome to the Compass ...

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |------------------------------------------------------------------|------------------|-------------------------------------------------------| | Title of each class | Trading Symbol | Name of each exchange on which registered | | Class A Common Stock, $0.00001 par value per share | COMP | The New York Stock Exchange | Emerging growth company o Table of Contents Annual Report on Form 10-K For the Y ...

Exhibit 99.1 Expects to Be Free Cash Flow Positive for Full Year 2024 "Over the past two years, we have successfully navigated the worst residential real estate market in decades and significantly reset our operating expense levels, positioning Compass for what we believe will be significant upside when the market begins to recover," said Robert Reffkin, Founder and Chief Executive Officer of Compass. "As we reduced operating expenses, we continued to invest in growth, our agents and our technology platform ...

Advertisement Mortgage rates have been creeping back up towards 8%. But one expert says a roaring stock market has been helping to blunt the increase."You don't need 6% mortgage rates when the stock market is at an all-time high," Robert Refkin, Compass CEO said on CNBC on Thursday. "You have markets like the Bay Area, like Seattle, where people are paid in their bonuses, and their compensation is in stock — it's at an all time high, they can afford a home."Mortgage rates have gone back north of 7% in rece ...

The housing market is flashing signs of life, Compass CEO Robert Reffkin said. Home sales plunged to their lowest since 1995 in 2023, driven down by higher borrowing costs.  But mortgage rates have dialed back and sales activity looks poised to pick up, Reffkin said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

Business Update & Supplementary Information More information about factors that could adversely affect our results of operations, financial condition and prospects, or that could cause actual results to differ from those expressed or implied in our forward-looking statements is included under the captions "Risk Factors," "Legal Proceedings" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent annual report on Form 10-K and our subsequent quarterly re ...

Compass, Inc. (NYSE:COMP) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Richard Simonelli - Vice President of Investor Relations Robert Reffkin - Founder and Chief Executive Officer Greg Hart - Chief Operating Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Bernie McTernan - Needham Mike Ng - Goldman Sachs Matthew Bouley - Barclays Lloyd Walmsley - UBS Ryan McKeveny - Zelman and Associates Matthew Cost - Morgan Stanley Op ...