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Reading: Compass hits development spurt in Arizona
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Real Estate

Compass hits development spurt in Arizona

Editorial Board
Editorial Board Published September 21, 2024
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The addition brings upwards of 200 brokers to Compass’ ranks and offers the brokerage a powerful place within the state’s luxurious market. Compass can even launch new places of work in Chandler and Flagstaff in 2025.

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Compass has considerably boosted its presence within the state of Arizona by welcoming the previously impartial North & Co. to the agency, the brokerage introduced on Wednesday.

The addition brings upwards of 200 brokers to Compass’ ranks and offers the brokerage a powerful place within the state’s luxurious market.

Compass launched in Arizona about 18 months in the past with the acquisition of Launch Actual Property, which had beforehand been the highest luxurious model within the state, Compass stated.

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Robert Reffkin

“This is an exciting moment for Compass and Arizona,” Compass founder and CEO Robert Reffkin stated in an announcement. “Consumers in the state will have access to what they know and love locally while gaining access to a national network of top real estate agents, together, as part of the largest brokerage in the United States by volume.”

The addition of North & Co. brings Compass’ complete agent depend within the state to over 450 brokers, representing almost $4 billion in luxurious gross sales.

The brokerage operates in key markets throughout the state, together with Flagstaff, Prescott, Arcadia, Central Phoenix and the Larger Southeast Valley.

Brian North

Brian North, founding father of North & Co., and the remainder of the chief crew will proceed to guide their groups in native markets.

“This marks the next evolution in Arizona real estate,” North stated in an announcement. “By coming together, we’re able to build something far greater than we could alone without compromising the values and standards that have made each of us who we are.”

Compass added that the brokerage has plans to launch new workplace places in Chandler and Flagstaff in 2025 as nicely.

Sean Zimmerman

“We share similar values and commitments to growth, technology, collaboration, professionalism and character,” Sean Zimmerman, who leads Launch Actual Property Powered by Compass alongside John Vatistas, stated in an announcement. “In doing so, we’ve laid the foundation for long-term success and opportunity for our agents, clients and the communities we serve.”

Compass now has 400 places of work and greater than 33,000 brokers throughout the U.S.

Get Inman’s Luxurious Lens Publication delivered proper to your inbox. A weekly deep dive into the most important information on this planet of high-end actual property delivered each Friday. Click on right here to subscribe.

E-mail Lillian Dickerson

TAGGED:ArizonaCompassgrowthhitsspurt
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