Core Insights - Compass, Inc. has appointed Ethan Glass as Chief Legal Officer, emphasizing its commitment to seller choice and challenging restrictive industry practices [1][2][3] Company Overview - Compass is the largest residential real estate brokerage in the U.S. by sales volume and a leading tech-enabled real estate services company, founded in 2012 and based in New York City [5] - The company provides an end-to-end platform for residential real estate agents, including cloud-based software for various critical functionalities [5] Appointment of Ethan Glass - Ethan Glass has extensive experience in antitrust litigation, having previously led investigations at the U.S. Department of Justice against MLS organizations for anticompetitive conduct [1][3] - His role at Compass will focus on empowering agents and ensuring homeowners retain control over their property marketing [4][2] - Glass has been involved in significant legal battles related to MLS governance and brokerage competition, providing him with unique insights into the real estate industry [4][3] Strategic Goals - Compass aims to protect seller choice and challenge coercive practices from MLSs and platforms like Zillow that limit how agents can market properties [2][1] - The company believes that agents should not face penalties from MLSs or third-party platforms for marketing listings outside their systems [2][3]
Former DOJ Antitrust Leader, Ethan Glass, Joins Compass as Chief Legal Officer