Compared to total headcount, including agents, the percentage of tech staff is still quite low (reflecting the central role of agents). As opposed to Purplebricks and Redfin, Compass' customer is the agent. Tech company or brokerage valuation. Reposted with permission from Mike DelPrete. We are a tech company reimagining the real estate space like never before. Compass Group has operations in 45 countries and employs over 600,000 people. It needs to become a platform. Thus, Agents are able to market their businesses in the most modern and innovative ways. Compass, the real estate tech platform that is now worth $4.4 billion, has made an acquisition to give its agents a boost when it comes to looking for good leads on properties to sell. Now we turn to that fundamental question: Is Compass a tech company, or a traditional brokerage? Discover open opportunities at Compass. The company often refers to itself as a tech company and a tech-enabled brokerage, which is part of the lure of the Compass vision — and the underpinning of its massive $4.4 billion valuation. The technology it is building is for agents, not consumers. Additionally I did not have to pay until the job was done, and they guaranteed from … The company provides software to real estate agents. New to tech and real estate? The Compass investment thesis centers around technology. New York City-based Compass is a national luxury real estate brokerage that also develops its own technology tools. It also provides a real estate listing app for iOS and Android that helps in buying, selling, and renting homes in the United States. A tech company reinventing the space To lead the industry requires the smartest tools built by the brightest minds across engineering, design, and strategy. Modernizing an industry means drawing on the expertise of all types of people. Much like a good broker, Compass seems willing to attack the process of selling an opportunity from any possible angle. But is Compass a tech company or a traditional brokerage? The companies that embrace this fact are the ones that shape our world. If you're looking for a tech company that can communicate effectively without confusing you and throwing out all this technical jargon that you don't understand then Compass is for you. We deliver an incomparable experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world.