What is Urban Compass?
Urban Compass is a real estate technology company that aims to provide a seamless experience for people looking to buy, sell, or rent residential properties in major metropolitan areas across the United States.
Founded in 2012, Urban Compass initially focused on the competitive New York City real estate market. The company has since expanded to cities like Los Angeles, Boston, Miami, Chicago, and Washington D.C. Its technology platform connects home buyers, sellers and renters with local agents and brokers to facilitate transactions.
A key part of the Urban Compass value proposition is the recommendation algorithm it uses to match clients with suitable listings based on their defined preferences. Users can browse listings, view images, check prices, book tours, and submit applications all through the Urban Compass site or mobile apps.
On the back end, Urban Compass provides its agents and brokers with various tools and services for lead management, market analysis, listing promotion and more. So in addition to making the consumer experience smooth, Urban Compass aims to support real estate professionals with next-generation technology.
As an end-to-end solution for different sides of residential real estate transactions, Urban Compass offers ample opportunities to streamline and improve buying, selling and renting homes in the modern era.