The road to profitability can be arduous, but Compass seems to be making up ground as the tech-focused brokerage saw higher earnings and modestly lower losses in the first three months of 2022.
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Compass paid thousands of Dollars to Realtors from other Real Estate companies. And some of these bought Realtors are just simply greedy. They were promised millions of $$ when Compass goes IPO. Compass stock has tanked since IPO, currently trading above $5, which is $12 below IPO price. So these Greedy and Gold diggers agents are holding Stocks, which are worthless. Greed is good, but getting sucked in the “Pie in the sky” bogus promise is having adverse consequences for Compass. And their parent company Soft Bank lost 24 billions last year. Don’t know how they are still in business, and investors giving them money to manage.