{"id":174942,"date":"2023-04-17T09:04:25","date_gmt":"2023-04-17T16:04:25","guid":{"rendered":"https:\/\/inbusinessphx.com\/?p=174942"},"modified":"2023-04-17T09:04:25","modified_gmt":"2023-04-17T16:04:25","slug":"new-york-based-tech-enabled-real-estate-co-expands-to-arizona-welcomes-local-brokerage","status":"publish","type":"post","link":"https:\/\/staging.inbusinessphx.com\/?p=174942","title":{"rendered":"New York-Based Tech-Enabled Real Estate Co. Expands to Arizona, Welcomes Local Brokerage"},"content":{"rendered":"

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Compass, Inc.<\/a>, a leading tech-enabled real estate brokerage, announced today that Launch Real Estate<\/a> has joined the firm. Launch is an independent and agent-owned full-service brokerage based in Scottsdale, AZ, where it is #1 producing independent office in Scottsdale with just over 300 agents.<\/p>\n

“We are excited to welcome Launch to the Compass family as we continue to grow the Compass footprint in the United States,” said Robert Reffkin, Compass Founder and CEO. “Launch is a premier luxury brokerage and a great fit for our brand and culture. We are adding an excellent agent-centric agency in a top U.S. market, creating significant synergies within our vast agent network.”<\/p>\n

“At Launch, we have a proud culture of collaboration, and joining Compass allows us to build on that foundation throughout Arizona and nationally,” said John Vatistas, Launch Co-Founder and CEO. “We have the same values and commitment to innovation and are very impressed with the formidable reputation of the Compass brand. Honestly, I do not want to entertain the idea of competing with them, as they are simply in a league of their own.”<\/p>\n

Founded in 2016 by John Vatistas and Sean Zimmerman, Launch’s regional leadership and support will remain in place, with full integration of Compass’ systems and digital tools happening over time.<\/p>\n

“We’re keeping our traditions and people while benefiting from Compass’s national network of agents, many of them in markets with natural synergies with Greater Phoenix,” said Sean Zimmerman, Launch Co-Founder and President.<\/p>\n

Since its founding in 2012, Compass has grown to 150+ markets across the U.S., including Denver, Seattle, the Bay Area, and Southern California. Last year, Compass became a Fortune 500 company and, for the second year in a row, was named the number one residential real estate brokerage in the U.S. by sales volume by RealTrends.<\/p>\n

“What makes this transaction unique for Compass is that we are adding a top regional brokerage under a structure that aligns our interests long-term and funds the acquisition on a deferred basis with no upfront capital,” said Rory Golod, President of Growth and Communications. “Agents are excited to join us because of our industry’s only end-to-end transaction platform and collaborative culture that make our agents more successful.”<\/p>\n

Compass, a Fortune 500 company, is the largest residential real estate brokerage in the United States. Founded in 2012 and based in New York City, the technology-enabled brokerage provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

Compass, Inc., a leading tech-enabled real estate brokerage, announced today that Launch Real Estate has joined the firm. Launch is an independent and agent-owned full-service brokerage based in Scottsdale, AZ, where it is #1 producing independent office in Scottsdale with just over 300 agents. “We are excited to welcome Launch to the Compass family as […]<\/p>\n","protected":false},"author":2,"featured_media":174943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[4],"tags":[5],"class_list":["post-174942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-growth-enterprise","tag-hot-topics"],"_links":{"self":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/posts\/174942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=174942"}],"version-history":[{"count":0,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/posts\/174942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}