of compass The Austin team welcomes back their team. Senior agent Mike Mogavero will return to the brokerage firm after his term ends. agency.
Mogavelo also brings along his partner Kristen Lowe. MOLO groupwith him. According to , the pair sold for more than $38.8 million in 2023, with Mogavelo accounting for $33.2 million of the total. Real trend verified.
“This is an exciting time to return to Compass and leverage the best technology and marketing capabilities on the market,” Mogavelo said in a statement. “Our collaborative culture, extensive referral network, and unparalleled luxury support have proven to benefit our customer experience. We leverage these resources to improve our business and provide our clients with We look forward to delivering even better results.”
If it seems like Compass is adding agents at a breakneck pace, that’s because it is. During the company’s second quarter 2024 results conference, CEO Robert Refkin said the company’s domestic market share reached 5.13%, an increase of 50 basis points year-on-year.
Mr. Levkin said Compass’ goal is to reach 30% market share in 30 markets covered, but the brokerage has not yet disclosed which markets are which.
If recent additions are any indication, Austin is one of them. 8 agency brokerage in August Prospective real estate team Moved to compass. The brokerage has also made a number of additions throughout Texas, recently adding Houston agent Natasha Simon and Dallas agent Bridget Harrington.
Compass also added teams and agents in Florida, New Jersey, New York, Tennessee, Washington and Colorado.
“Joining Compass is a strategic move for us as we continue to grow our presence in Austin’s luxury real estate market,” Lowe said in a statement. “Compass provides excellent internal support and marketing tools that allow us to offer clear advantages to our clients. We are excited to be part of a brokerage firm that strives for excellence as much as we do. .”
