Compass Inc. (NYSE: COMP) announced the addition of Tennessee-based Parks Real Estate into its brokerage network.
Parks Real Estate, which includes the brand Pilkerton Realtors, employs over 1,500 agents and generated $6.25 billion in 2023 transaction. According to the companies, the combination of Compass and Parks agents will now represent one of four homes sold in Tennessee.
“Today, we have significantly added to our presence in the Southeast, welcoming the top brokerage in Tennessee,” said Compass CEO and Founder Robert Reffkin. “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.”
“We believe that with Compass, we are positioned for sustained success within an evolving industry landscape,” added Parks CEO Hunter Connelly. “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.”
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