Two groups in South Carolina and a previously unbiased brokerage in North Carolina have joined the agency. The teams are based mostly in Bluffton and Charleston, South Carolina, and Asheville, North Carolina.
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Compass has expanded its attain throughout the Carolinas with the addition of two groups in South Carolina and a former indie brokerage in North Carolina, the agency has knowledgeable Inman.
The Bluffton and Hilton Head-based Sequel Actual Property Group and the Charleston-based Coastal Island Properties groups have joined the brokerage’s forces in South Carolina.
“With the addition of these two teams, Compass has a stronger presence along the coastal South Carolina area,” Managing Director Renee Smith mentioned in an announcement. “We are excited to welcome Sequel Real Estate Group and Coastal Island Properties to Compass, and equip them with the tools and resources to watch their business flourish to new heights.”
The five-person Sequel Actual Property Group is led by founder Chris England, who’s a local of Hilton Head Island and who has been advertising and promoting master-planned communities for greater than 17 years.
“Over the past year, we have seen Compass’ growth in South Carolina and, collectively [as a team], decided to take that leap,” England mentioned in an announcement. “We are joining Compass to be part of a larger community and a national network. We’re drawn to Compass for its strong culture, advanced technology and growth opportunities. This partnership is a great chance for us to enhance our services, support our clients better and achieve new levels of success.”
Coastal Island Properties co-CEOs Desiree Maurer and Lynn Burnett lead the six-agent crew based mostly in Charleston. The CEOs place a concentrate on customer support, based on a press launch from Compass, and felt the agency may enhance that service much more.
“Coastal Island Properties was driven to Compass by a commitment to offering our clients superior tools and support,” Maurer mentioned in an announcement. “Compass’ innovative technology, cutting-edge marketing strategies and collaborative culture align perfectly with our dedication to excellence and precision. This synergy between our professional values and Compass’ resources ultimately benefits our clients, making Compass the ideal choice.”
In Asheville, North Carolina, Compass welcomed the previously indie agency Panashe Actual Property as a crew, which is owned and led by dealer Tracy Veteto.
Veteto launched the agency in 2019 and has regularly grown it since then, with the crew closing $20 million in gross sales quantity in 2023 and touchdown a spot on Asheville’s checklist of High 100 Brokers that 12 months. The world’s luxurious market is rising, Veteto mentioned, as proven by the a number of gross sales over $3 million he’s already closed to this point in 2024.
“When we started Panashe five years ago, we said the only brokerage we would consider partnering with would be Compass,” Veteto mentioned in an announcement. “We have been successful and loved being an independent luxury boutique firm. Now, we are looking forward to all the goals Panashe can achieve as a result of our partnership with Compass — including all of the benefits and technology the brokerage can offer our clients.”
Added Panashe agent Laura Crutchfield, “Partnering with Compass was an obvious choice because of the company’s numerous resources offered and how they prioritize supporting their agents.”
Compass Regional Vice President Jeff Polashuk mentioned that Panashe embodies “Compass’ high standards and elevated services.”
Compass added 543 principal brokers organically and about 2,375 principal brokers by acquisitions of Latter & Blum and Parks Actual Property in the course of the second quarter of 2024, the agency reported in quarterly earnings.
Correction: An earlier model of this story incorrectly said that Compass acquired Sequel Actual Property Group, Coastal Island Properties and Panashe Actual Property, nevertheless, these groups joined the agency with out an acquisition within the authorized sense of the time period.
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