Compass Expands to Indianapolis
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowCompass Inc., a real estate technology company, has announced its expansion to Indianapolis. The company welcomes 23 agents representing more than $160 million in 2020 sales volume. Principal agents joining Compass in Indianapolis include: Carrie Holle of The Carrie Holle Group, Greg Cooper and Lisa Phillips of The Cooper Group, Mike Feldman of Bond Real Estate, Erin Hundley, Ben Jones of The Jones Team, and Stacey Sobczak.
Compass helps agents grow their businesses, serve more clients, save time, and stand out as valued, trusted and professional advisors in their markets. During the first quarter of 2021 Compass had revenue of $1.1 billion, an 80% increase from Q1 2020. While the U.S. residential real estate market grew transactions by 14% in Q1, Compass grew Total Transactions by 67%.
Carrie Holle brings her team of seven agents to Compass, representing $65 million in 2020 sales volume. The Carrie Holle Group runs one of the highest-producing teams in the metropolitan-Indianapolis area, specializing in the luxury market for both buyers and sellers.
Compass also welcomes Michelle Powell as broker of record for Indiana. She brings nearly two decades of operational and real estate experience.
Compass is home to nearly 21,000 agents operating in over 50 markets in the U.S. In 2020, Compass agents assisted home sellers and buyers to transact approximately $152 billion in residential real estate. With 4% of the U.S. market, Compass is the largest independent real estate brokerage by Gross Transaction Value.