The Real Deal Los Angeles

Compass in Cali: Here’s who they’ve picked up

Venture-backed brokerage will launch nine more cities by July

November 05, 2015 10:30PM
By E.B. Solomont

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Compass in LA

Graphic by Steve Krupinski for The Real Deal

From the New York website: “In the citaaay of L.A./In the citaaay of good ol’ Watts/In the citaaay, the city of Compton/We keep it rockin! We keep it rockin!”

The words are 2Pac’s and Roger Troutman’s, but they could well have been Robert Reffkin’s. The CEO of Compass, a California native, has brought his $800 million residential brokerage to his home state. Compass’ Los Angeles office is its seventh new one since July, and the firm is committed to being in 15 cities across the U.S. by mid-2016.

Compass will start its L.A. operation with 19 agents, including Scott Segall, Douglas Elliman’s top agent in California last year; Jeeb O’Reilly, also of Elliman; and The Agency’s Ari Afshar. The firm, which raised about $125 million from investors, is headquartered in Manhattan and operates in Park Slope, Williamsburg, Miami, Boston, Bridgehampton, East Hampton and Washington D.C. [more]