{"id":519995,"date":"2021-07-29T09:04:34","date_gmt":"2021-07-29T13:04:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/compass-expands-to-minnesota\/"},"modified":"2021-07-29T09:04:34","modified_gmt":"2021-07-29T13:04:34","slug":"compass-expands-to-minnesota","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/compass-expands-to-minnesota\/","title":{"rendered":"Compass Expands To Minnesota"},"content":{"rendered":"
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Compass welcomes 7 top agents, representing more than $170 million in 2020 sales volume, to its Minneapolis office<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, July 29, 2021<\/span> \/PRNewswire\/ —\u00a0Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced its expansion to Minnesota<\/span> with 7 top agents in Minneapolis<\/span> representing more than $170 million<\/span> in 2020 sales volume. Principal agents joining Compass in Minneapolis<\/span> include: John C. Adams<\/span> and John F. Adams<\/span> of John Adams Real Estate, Mike Steadman<\/span> and Holly Connaker<\/span> of The Steadman Team, and Andrew Spilseth<\/span> and T.Cody Turnquist<\/span> of Turnquist Spilseth Group.<\/p>\n

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“The agents joining Compass in Minneapolis<\/span> are the perfect partners to build our presence in Minnesota<\/span>,” said Rachael Rohn<\/span>, Compass Regional President. “As Compass continues to expand throughout the Midwest, our agents have long suggested Minnesota<\/span> as a flourishing market with high-integrity agents that could expand our referral network. Minneapolis<\/span> has seen strong market growth and we are incredibly excited about empowering the agents in the market with our proprietary tools and technology.”<\/p>\n

John Adams Real Estate joins Compass with more than $1.1 billion<\/span> in combined career sales and over 55 years of combined experience. The father and son team are continually recognized as the top dual-agent team in Minnesota<\/span> based on sales volume by The Wall Street Journal<\/i>‘s “RealTrends: The Thousand.” Having already surpassed $70 million<\/span> in year to date sales for 2021, the duo specializes in the high-end markets and western suburbs of Minneapolis<\/span>.<\/p>\n

“By joining Compass as Founding Agents, we have the leading opportunity to modernize our acclaimed brand while elevating our personalized approach to continue to meet the expectations of our clients and the luxury properties we represent,” said John C. and John F. Adams<\/span>, Compass Agents in Minneapolis<\/span>. “Compass’ exclusive technology, inventive programs, and national network will allow us to focus on what we do best \u2013 serving our clients. We are inspired by the innovative leadership and feel lucky to be a part of Compass’ forward vision for the industry and growth in Minnesota<\/span>.”<\/p>\n

Compass helps agents grow their businesses, serve more clients, save time, and stand out as valued, trusted and professional advisors in their markets. During the first quarter of 2021, Compass had revenue of $1.1 billion<\/span>, an 80% increase from Q1 2020. While the U.S. residential real estate market grew transactions by 14% in Q1, Compass grew total transactions by 67%.1<\/sup><\/p>\n

Other agents joining Compass in Minneapolis<\/span> released the following statements:<\/p>\n