Compass Inc.

17/12/2024 | Press release | Distributed by Public on 18/12/2024 17:29

Luxury Real Estate Powerhouse David Kramer Joins Compass

December 17, 2024

Luxury Real Estate Powerhouse David Kramer Joins Compass

Former Hilton & Hyland President Brings Decades of Luxury Real Estate Expertise and a Seasoned Team to Compass Beverly Hills

Beverly Hills, CA - December 17, 2024 - Compass, Inc. (NYSE: COMP) ("Compass" or "the Company") announces that David Kramer, a distinguished leader in luxury real estate and former President of Hilton & Hyland, along with his seasoned six-person team, David Kramer Group, has joined the firm in Beverly Hills. With an impressive track record of over $1.7 billion in career sales and a $316 million portfolio of active listings, this transition underscores Kramer's commitment to leveraging Compass' resources to expand his luxury real estate footprint further. Already poised for a strong start to 2025, Kramer is preparing to bring several high-profile luxury listings to market, setting the stage for continued success with Compass.

"This move is about growing my business with a brokerage with a vibrant and innovative vision," said Kramer. "Compass has set new standards in the industry with its vast reach, collaborative culture, and best-in-class technology. I'm thrilled to join this dynamic team and contribute to its ongoing success."

With over 25 years of experience, Kramer has built a distinguished career characterized by a legacy of leadership and a proven track record as a top-producing real estate agent. Recognized as one of the Top 20 Luxury Agents in Los Angeles County by The Real Deal and featured on the Los Angeles Business Journal's Leaders of Influence 2024 and Variety's Showbiz Real Estate Elite 2024 lists.

Joining Kramer in his move is his esteemed partner, Andrew Buss, JD, MBA, whose exceptional legal and financial expertise enhances the team's ability to deliver strategic insights and comprehensive solutions to their clients.

"We are excited to welcome an industry leader like David to Compass," said Compass CEO & Founder Robert Reffkin. "His expertise and commitment to excellence for his clients pair well with the culture we have built, and I am excited about what we can accomplish together."

Kramer's expertise spans iconic estates, unique properties, and a carefully curated clientele of high-profile buyers and sellers. His impressive portfolio includes luxury properties across Beverly Hills, Holmby Hills, and Bel-Air, and his notable accomplishments include representing The Spelling Manor, which sold for $85 million in 2011-a record-breaking transaction that cemented his reputation as a dealmaker of the highest caliber. In addition to his luxury real estate expertise, Kramer is a recognized specialist in trusts and estate sales, with over 20 years of experience navigating intricate and complex transactions to deliver unparalleled service for clients with unique needs.

"Joining Compass and partnering with its luxury division is an exciting opportunity to be part of a brokerage redefining the luxury real estate experience," said Kramer. "Compass Luxury's support through its dedicated division that caters specifically to high-net-worth clients and premier properties inspired my move. I'm excited to contribute to and build on its momentum, helping deliver the exceptional service and expertise that have made Compass a leader in the luxury sector."

About Compass
Compass is the largest residential real estate brokerage in the United States by sales volume. Founded in 2012 and based in New York City, Compass provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.compass.com.
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