In a LinkedIn post Thursday after his company went public on the New York Stock Exchange, Reffkin said, "I started Compass because of my mom, Ruth, a single mom who embodies the entrepreneurial spirit.". The Fellows - White House Fellows Foundation and Association Compass, Inc There seems to be a problem with your Inman Select Membership. It was sleek, but I cant say it was different from anything else out there.. Robert Reffkin and his mother Ruth Reffkin at a marathon in New Mexico. Robert Reffkin grew up the child of a hardworking single mother. Leading commentary by award-winning journalists. Compass Cofounder Robert Reffkin Is Worth $500 Million In a response to a question from a Wall Street analyst, he said that franchising is definitely a more profitable way to grow. Though he said the company is exploring the option, he provided few details on how it might work instead saying only that we would not do that in a way that would impair the experience for our existing agents in any way.. Reffkin said Compass website traffic increased 18 percent from the fourth quarter of 2022 to Q1 2023, and signals buyers growing commitment to navigating market challenges rather than waiting for a quote-unquote better time to buy. You will be charged . Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. The second is a 501c3 non-profit called America Needs You, which according to its website, "fights for economic mobility for ambitious, first-generation college students.". Robert Reffkin 15 stories covering tech, special reports, video and opinion. If you have a three percent mortgage rate, you consider that a financial asset and you dont want to lose it.. Reffkins roughly 6% stake in Compass was valued at $472 million at the IPO price.
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