Compass Merges with Paragon and Expands in San Francisco Bay Area
Compass is now the #1 real estate company by market share in San Francisco
SAN FRANCISCO – July 9, 2018 – Compass, the real estate technology
company, today announced it has acquired Paragon, a brokerage firm serving the San Francisc
o Bay Area. With the addition of Paragon, Compass’ Bay Area team has grown to more than 500 agents representing more than $4.5 billion in sales volume last year. Compass is now the number one real estate company in San Francisco by sales volume and market share.
Paragon has been a top four residential brokerage in the Bay Area. Paragon has grown to support their real estate clients across eight offices in San Francisco, North Bay and East Bay. Their deep commitment to professionalism and client service make them an ideal strategic and cultural fit for Compass.
“Compass’ focus on arming their agents with world-class technology and support resonates with our commitment to continually providing outstanding service and advice to our clients,” said Bob Dadurka, CEO of Paragon. “Joining Compass’ impressive San Francisco team and national network of luxury brokers opens an array of new opportunities for our agents, and the chance to be a part of the future of the real estate industry in San Francisco and beyond.”
“As we began to look for ways to expand in San Francisco, the opportunity to pair Paragon and their agents’ expertise and close community ties across the entire Bay Area with the technology, marketing and support we provide to our agents at Compass, was an ideal one,” said Ori Allon, Founder & Executive Chairman. “I look forward to growing our agent-centric real estate company alongside Bob and the Paragon team.”