Compass launches resort network for agents in vacation-home markets

By Housing News



Compass

is
certainly
known
for

luxury
property
sales
,
but
the
nation’s

top
brokerage
based
on
sales
volume

is
looking
to
offer
even
more
support
to
agents
working
on
these
types
of
deals.
On
Tuesday,
the
firm
launched
Compass
Resort,
a
network
for
agents
in
vacation-home
markets
and
clients
searching
for

second
homes
.

Compass
Resort
will
be
led
by
agents
Jordie
Karlinski,
Jack
Pearson,
Jen
O’Hanlon
and
Steve
Springer.
The
formal
launch
of
the
network
will
take
place
Wednesday
during
the
brokerage’s
annual
company
retreat,
which
is
being
held
in
Charleston,

South
Carolina
.

“We’re
excited
to
introduce
a
new
level
of
service
for
second-home
buyers
and
their
agents,”
Karlinski,
a
Compass
agent
in
Aspen,

Colorado
,
said
in
a
statement.
“We’ve
got
the
white-glove
approach
dialed
in,
but
this
is
really
about
tailoring
that
service
to
this
sector’s
unique
needs
and
priorities.”

According
to
its
announcement,
Compass
feels
that
now
is
the
right
time
to
launch
a
resort
division
as
the
market
for
second
homes
is
growing.
A
report
from
Compass
found
that
in
2022
alone,
10
U.S.
markets
saw
homes
priced
at
$10
million
or
more
sell
for
the
first
time.
While
traditional
second-home
markets,
such
as
Aspen,
are
still
the
most
popular,
communities
near
these
markets
are
also
gaining
popularity
due
to
their
quiet
nature.

COVID
turned
the

real
estate
world
upside
down
,”
Springer,
a
Compass
agent
in
San
Diego,
said
in
a
statement.
“Suddenly,
people
were
buying
homes
in
unexpected
places,
and
younger
buyers
started
thinking
about
vacation
properties
much
earlier
than
ever
before.

“Whether
it’s
a
third
or
fourth
home
or
a
first
foray
into
vacation
real
estate,
our
clients
are
navigating
decisions
like
beach
house
versus
mountain
cabin,
which
brings
a
whole
new
set
of
considerations.”

The
resort
network
will
provide
agents
and
clients
in
these
markets
with
additional
support,
as
buyers
and
sellers
operating
in
these
places
often
expect
a
higher
quality
of
service
from
their
agents.

“These
buyers
see
their
second
homes
as
part
of
their
broader
wealth
portfolio,”
Pearson,
who
serves
clients
in
the
Hamptons
area
of
Long
Island,
New
York,
said
in
a
statement.
“Agents
become
more
like
wealth
managers,
helping
them
evaluate
investment
potential,
seasonal rental
opportunities,
and
resale
value.
There’s
much
more
to
consider

like

insurance
regulations

or
local
zoning
laws

making
having
an
expert
in
this
space
crucial.”

Through
the
network,
Compass
agents
in
more
than
30
second-home
and
vacation
markets
will
be
able
to
connect
with
each
other
to
share
insights
on
trends
and
foster
referral
opportunities.

 

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