How Many People Work at Compass Real Estate?
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How Many People Work at Compass Real Estate?
Compass last reported on its number of employees in 2021, when it had 4,775 employees. On June 14, 2022, Compass laid off 10% of its employee (non-agent) workforce.
Compass currently has over 28,000 agents.
Of those agents, approximately 46% use the company’s software platform and CRM. This subset of agents is the company’s ‘Principal Agents.’
The average number of Principal Agents is essential to the company’s growth potential, particularly when coupled with Compass’ platform strengths.
In 2022 Compass had an average of 13,073 Principal Agents, an increase of 18.2% year over year.
Source: Compass
Compass reports that its principal agents transact more than an average agent. Principal Agents generate an average of 7.5 transactions per year versus the industry average of 6.4 transactions. Compass’ Principal Agent retention rate exceeded 90% in 2022.