Compass has the largest loss in real estate history – But there’s more
Compass: The top residential brokerage in America by deal volume. But also, a loss-making behemoth. How long can the firm sustain such heavy losses, and how does it keep innovating in such an environment?
In the video below, The real Deal Hiten Samtani sat down with Compass’ President of Growth Rory Golod to discuss Compass’ quarterly earnings, layoffs and office closures, how the firm is leveraging AI technology, facing investors after over $1 billion in losses, creating value for agents, and more.