Inman Connect
Since its inception in 2012, Compass has ruffled feathers within the real estate industry. First for its impressive seed funding round lineup that included investing giants, such as Goldman Sachs, as key backers, and then from there, CEO Robert Reffkin shook things up once again with rapid-fire market expansions, a slew of multi-million dollar funding rounds, strategic acquisitions and bold (sometimes controversial) recruiting tactics to bring the industry’s best to Compass.
All of those moves stoked rumors about an eventual initial public offering (IPO) that finally came to fruition on April 1. However, the company cut its offering a day before going live on New York Stock Exchange a decision that some analysts and industry members took as a sign that the proof may indeed not be in the pudding.
Joseph Sirosh
“The Glide team has built a seamless software solution that has attracted tens of thousands of real estate agents in California, including many Compass agents who love the service,” Compass Chief Technology Officer Joseph Sirosh said in a press release. “Their products have an excellent track record of saving time, reducing risk, and simplifying every step of the offer process and of course, making complex tasks seem effortless for agents and their clients.”
Founded in 2018, Glide enables agents and brokers to complete offer, disclosure and closing documents online. Glide offers a free plan for members of 60 California-based Realtor and MLS associations, and two pro plans for agents and brokers that include additional features, such as branding and the ability to upload brokerage-specific custom forms. The agent pro plan costs $45 per month, while the broker pro plan follows a sliding scale.