Work with independent mortgage brokers

In a study conducted by United Wholesale Mortgage, 90% of real estate agents who worked with an independent mortgage broker would recommend one to their buyers in the future.

Gathering of Eagles

The Gathering of Eagles conference is the Trusted Source, offering brokers, managers and leaders valuable insider industry information on how to run a profitable business.

RealTrending: eXp’s Glenn Sanford

Glenn Sanford, CEO of eXp World holdings, addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Newsletter

The RealTrends monthly newsletter is known as the trusted industry source for information on trends, strategies, analysis, people and news shaping the real estate industry of tomorrow.

Compass Acquires Paragon Real Estate Group

Compass is now the #1 real estate company by market share in San Francisco

REAL Trends is honored to have represented Paragon Real Estate Group in their transaction with Compass which was announced earlier today.  This large brokerage acquisition is a maiden voyage for both Paragon Real Estate Group and Compass and marks an exciting change in the landscape of residential real estate. With Paragon’s strong presence and reputation in the San Francisco market, the collaboration between the two companies will create a powerhouse to serve the Bay Area and its residents. REAL Trends is looking forward to seeing what this new partnership will achieve.

RELATED: Robert Reffkin, Compass CEO & Founder to Attend REAL Trends DealMAKERS Conference

Compass, the real estate technology company, today announced it has acquired Paragon, a brokerage firm serving the San Francisco Bay Area. With the addition of Paragon, Compass’ Bay Area team has grown to more than 500 agents representing more than $4.5 billion in sales volume last year. Compass is now the number one real estate company in San Francisco by sales volume and market share.

Paragon, founded in 2004 by Bob Dadurka, Anita Head, George McNabb and Sally Stull has been a top four residential brokerage in the Bay Area. Paragon has grown to support their real estate clients across eight offices in San Francisco, North Bay, and East Bay. Their deep commitment to professionalism and client service make them an ideal strategic and cultural fit for Compass.

“As we began to look for ways to expand in San Francisco, the opportunity to pair Paragon and their agents’ expertise and close community ties across the entire Bay Area with the technology, marketing and support we provide to our agents at Compass, was an ideal one. I look forward to growing our agent-centric real estate company alongside Bob and the Paragon team.”

– Ori Allon, Founder & Executive Chairman

“Compass’ focus on arming their agents with world-class technology and support resonates with our commitment to continue providing outstanding service and advice to our clients,” said Bob Dadkura, CEO of Paragon. “Joining Compass’ impressive San Francisco team and national network of luxury brokers opens an array of new opportunities for our agents, and the chance to be a part of the future of the real estate industry in San Francisco and beyond.”

Compass committed to opening in the top 20 cities in the United States and expanding to 100 new offices this year. In addition to San Francisco, Compass currently has a presence in New York City, San Francisco, Los Angeles, Orange County, San Diego, Chicago, Boston, Seattle, Washington, D.C., Dallas, Philadelphia, Aspen, The Hamptons, Miami, Philadelphia, Westchester, Greenwich, Naples, Santa Barbara and Marin.

Paragon currently sits at #89 on the REAL Trends 500 by sales volume. Compass broke the top 10 by sales volume and top 50 by transaction sides.

 

Most Popular Articles

RealTrending: Tom Ferry reveals top ways for brokers to increase per-agent productivity

Tom Ferry, founder of Tom Ferry International, takes his years of coaching brokers and boils it down to the top things brokers need to do today to increase per-agent productivity, why he thinks some brokerages have rocket-ship growth and how to manage teams.

May 10, 2021 By

Latest Articles

Equity-rich homes outnumber underwater homes 7-to-1

Homeowners continued to see substantial home value and equity growth in the first quarter of 2021 as the real estate market remains pandemic-resistant, with equity-rich homes outnumbering “seriously underwater” ones by seven to one, according to a new report.

May 14, 2021 By