Compass
is
continuing
to
expand
its
presence
in
the
Southeast,
announcing
Monday
that

Tennessee-based

Parks
Real
Estate
has
merged
with
the
firm

This
is
Compass’

second
major
merger
and
acquisition
deal
in
the
second
quarter
of
2024.
In
April,
the

Robert
Reffkin-helmed
firm
announced
that
it
had
acquired
Gulf
Coast-based

Latter
&
Blum.

Parks
Real
Estate
includes
the

Pilkerton
Realtors
brand
and
is
led
by
CEO
Hunter
Connelly.

“Today,
we
have
significantly
added
to
our
presence
in
the
Southeast,
welcoming
the
top
brokerage
in
Tennessee,“
Reffkin
said
in
a
statement.
“With
the
continued
migration
of
the
U.S.
population
moving
to
the
South,
and
16%
of
Compass
transactions
last
year
being
referrals,
our
expansion
in
the
Southeast
allows
for
more
connections
and
opportunities
for
our
agents
as
our
national
network
grows.” 

The
Brentwood,
Tennessee-based
firm
has
15
offices
and
more
than
1,500
agents
spread
across
five
counties.
In
2023,
Park
Real
Estate
agents
closed
9,776
transaction
sides
for
a
total
of
$6.245
billion
in
sales
volume,
making
it
the
No.
1
brokerage
in
the
state
by
sales
volume
and
the
No.
26
brokerage
nationwide,
according
to
the
2024


RealTrends
Verified

rankings.

”We
believe
that
with
Compass,
we
are
positioned
for
sustained
success
within
an
evolving
industry
landscape,”
Connelly
said
in
a
statement.
“Combined,
we
have
more
listings,
more
collaboration
with
great
agents,
and
industry-leading
tools
to
serve
Tennessee
best
while
maintaining
our
amazing
culture
and
brand
loyalty.” 

In
2023,
Compass
agents
closed
177,716
transaction
sides
for
a
total
of
$184.452
billion
in
sales
volume,
earning
it

the
top
spot
in
the
2024
RealTrends
Verified
rankings
for
sales
volume.

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