Compass reviews

3.9

71% would recommend to a friend

(408 total reviews)
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Robert Reffkin

75% approve of CEO

66% positive business outlook

Reviews by job title

408 reviews

Reviews about "Compensation"

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1.0
Dec 31, 2019
Recommend
CEO approval
Business Outlook

Pros

Office location. That's about it.

Cons

Rogers has big turnover with his agents. They put on a good song and dance to make it seem like it's an amazing place to work to get new agents aboard. Then they tell agents to pay out of their pockets to put ads all over social media, for the MAIN purpose of getting the brokerages name all over social media. The tell you to put hashtags for the brokerage too. IF an agent sells anything while they're there, which happens not too often since they give minimal to borderline useless "training" there, then they take a huge chunk of your commission while also nickel and diming you on random charges. Rogers is fake and dangerously narcissistic and doesn't care at all about his agents. They're just a tool for him to get free marketing for his name and make his brokerage look like it's "big time" so he can better land the whales with deep pockets and pricey houses for himself. Rogers talks badly about the agents behind their backs and has virtually no respect for the majority of them. He does ridiculous "articles/interviews" that he pays for to make him look like a big shot, along with the pointless FOX "interviews" where he clearly either pays for or has a buddy who hooks him up with those spots that have limited airings. His alleged substance abuse problem has been spreading through the grapevine especially since he tweaks and fidgets more and more even on camera, which terrifies many agents since it can cause random bouts of anger and rash decisions towards them. He also forces agents to post fake reviews on many review sites including here. So I want to make sure a real voice is heard to expose the truth so other agents don't waste their time and money with this company and broker.

1.0
Dec 4, 2019

They lie about their technology. It sucks.

Recommend
CEO approval
Business Outlook

Pros

They spend more money than they make so it looks great!

Cons

Several: - Compass says it is revolutionizing the home buying/selling process by creating superior technology. Compass has been around for 7 years and still has absolutely zero technological advantage over a low/mid-range small-town local brokerage. They use gmail & facebook, tools any 5th grader can sign up for. - Compass is run by an inspirational aging peppy millennial, not unlike Adam Neuman, who likes to stand in front of compass offices and hand passer-bys cake pops. He frequently sends long emotional emails about past moments from his life & asks agents to buy compass stock. - Compass is incredibly arrogant and does embarrassingly tacky things like stamping their logo all over legal documents and real estate contracts. - Compass has raised $1.5 billion dollars in venture capital, the majority from Softbank, and frequently boasts about its fundraising on social media. Even though they have never turned a profit & they refuse to open their books. - They use the majority of their fundraising dollars to lure top-producing agents away from their brokerages with massive signing bonuses and unrealistic commission spits. Yet they claim they are growing organically. - Amateur C-level management continuously fleeing & being replaced by more amateurs with little to no real life real estate experience

2.0
Nov 1, 2019
Recommend
CEO approval
Business Outlook

Pros

- Smart colleagues - Small teams and most managers are easy to talk to and very technical - 100% health care coverage - Other usual benefits like 401k(no match), medical, dental, Life, STD, LTD,.. - Flexible work schedule - Good work life balance - Quality Free Lunch everyday

Cons

- This is the single most reason why good people are leaving this company. This company has the worst performance review practice in the industry ever. Reviews are often late by 5+ months and Comp increases are nonexistent/negligible. Don't expect Compass to up your pay even to adjust for inflation. Compass is all talk and will setup shows every week during review cycle that will appear to look like they are helping you. Don't fall for it, actually it' s a never ending reality show and not sincere. At the end of every cycle you will find the P&C people (usually hired as contractors) responsible for helping with comp reviews done in a timely manner fired/quit. Its a show like I said and its intentional and happens during every cycle. The idea is to keep you working here on a sub par pay for as long as it can. Don't believe me ? If you interview here, ask when was the last time the performance review was on time. - The base pay here is sub par. So much so that you could probably get better pay at series C/B startups in the area. The strike price is formidably high that you may have to shell out 50K+ if you want to buy your options for any reason after they vest. - Down leveling is the norm here. If you are considering an offer it's important for you to ask about the levels because your base pay depends on it. - They have 2 health care plans. The 100% company paid free health care plan is JUNK. You will pay a few thousands in deductibles and copays per year.

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