Compass Aktie News

Proptech stocks are having a bad year. Redfin (RDFN) stock price has crashed by over 62% this year while Offerpad (OPAD), Compass (COMP, and Zillow (Z) have plunged by over 26% and 27% this year.

NEW YORK , April 18, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume 1 , announces its first quarter 2024 financial results will be released after market close on Wednesday, May 8, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m.

Compass is the latest to settle but likely not the last.

The firm is the first big real estate brokerage to reach such an agreement since the National Association of Realtors' landmark settlement last week.

The National Association of Realtors has reached a $418 million settlement to change the automatic commission to the buyer's agent. Home sellers can still choose to sell their homes themselves or negotiate fees with brokers.

The National Association of Realtors announced a $418 million settlement to end antitrust lawsuits. The NAR agreed to a new set of rules, which will reset long-held standards on commissions.

Compass, Inc. (COMP) Q4 2023 Earnings Call Transcript

Grows Agent Count and Market Share year-over-year and quarter-over-quarter in Q4 Expects to Be Free Cash Flow Positive for Full Year 2024 NEW YORK , Feb. 27, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by transaction volume1, announced its financial results for the fourth quarter and full year e...