Compass Named #1 Brokerage in San Francisco and Los Angeles
June 2, 2023 | Compass California Real Estate Blog
The Real Deal Recognized Compass As the Leading Brokerage in California’s Two Largest Metros
Compass is honored to be named by The Real Deal as the number one brokerage by sales volume in two of the country’s most premier West Coast markets: San Francisco and Los Angeles.
Compiled by The Real Deal’s data and research team, the list ranks Compass San Francisco as having the biggest share of San Francisco residential transactions across the county bringing in $5.8 billion in volume across more than 3,200 home sales between March 2022 and March 2023. In Los Angeles, Compass dominates the brokerage rankings with almost triple the on-market output for the county compared to the second-ranked brokerage.
“We are able to attract the most eyeballs on our listings, share market data and resources with fellow agents and keep better tabs on the pulse of the market,” said Kevin Patsel, Compass’ regional vice president for Northern California. “Inventory is shared internally amongst agents before it hits the general market and deals are often done before a property hits the market.”
“When I started in 2017 there were 600 agents,” said Parker Beatty, Compass’ regional vice president for California and Hawaii. “Now there’s around 2,800.
“We have an amalgamation of incredible agents. It’s not a one-person operation,” Beatty continued.
Check out the full rankings below and click here to read more about the top LA brokerages and here to read more about the top SF brokerages.
We congratulate our outstanding Northern California and Southern California agents for their continued success and unmatched service across the country’s Golden State!
Photo Credit: The Real Deal
“Compass leads the pack with nearly $6B in sales volume over the past year.”
Compass claimed by far the biggest share of San Francisco residential transactions, according to data compiled by The Real Deal, handling $5.8 billion in volume across more than 3,200 home sales between March 2022 and March 2023.”
Photo Credit: The Real Deal
“From Malibu to Long Beach — and virtually everywhere in between — there’s no question as to which brokerage rules Los Angeles County.
National giant Compass, which arrived on the West Coast less than a decade ago, brokered more than $18 billion worth of home sales in the nation’s most populous county over the past year — almost triple the output of its closest rival.”
Photo Credit: The Real Deal
Photo Credit: The Real Deal
2022 Sales Volume. Source: The Real Deal. 6/1/2023.