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Compass expands to Atlanta

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Compass announced today that it will be expanding its nationwide brokerage to Atlanta. The company’s first area brokerage will be led by Jim Getzinger and Jere Metcalf, previously of Atlanta Fine Homes Sotheby’s International Realty, along with Jason Wieloch, previously of Keller Williams.

Compass has also hired 13 Atlanta-based employees and plans to hire additional marketers, designers and administrators.

Getzinger represented more than $70 million in transactions in 2017, while Metcalf and her team have represented more than $37 million in sales over the last 12 months.

“Compass’ unique blend of support, technology and marketing will allow me to take my business to next level,” Getzinger said in a statement. “It’s truly impressive what they’ve been able to build in a short amount of time, and I’m excited to be a partner in bringing their world-class service to the agent community and our clients in Atlanta.”

Compass, which was founded as a technology-focused real estate company in 2012, looks to grow its Atlanta presence with offices in Buckhead and Midtown coming later this year.

“We’re eager to join the Compass family and contribute to their collaborative culture,” Metcalf said. “We’ve felt like a true partner from the beginning, and look forward to the impact Compass’ support and technology will have on our business.”

Compass currently has more than 90 offices and 4,500 agents in 16 other cities nationwide. It plans to enter three more top U.S. markets before the end of the year after a $550 million Series E investment, with the goal of market leadership across the top 20 U.S. cities by the end of 2020. The company was founded on the idea that the real estate industry lacked the technology needed to help agents run and grow their business on one end-to-end platform.

“We believe in a future where the experience is integrated, where everything you need to buy and sell homes exists in one place, on one platform,” Robert Reffkin, Compass CEO, said to Atlanta Agent. “Someone in real estate will create that one platform through which all real estate transactions happen. It’s not a matter of if, but a matter of who. Will it be a company that wants to empower agents? Or one that wants to displace them? We believe in ourselves and a future where agents are empowered, not displaced.”

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