Exclusive: Compass’ First Big Tech Licensing Deal Has Fallen Apart

Compass is pulling out of a deal that would have given Massachusetts indie brokerage Leading Edge Real Estate the same technology tools and platform that Compass agents use. The deal would have been the first of its kind for Compass and was supposed to mark the beginning of a bold new effort in the NYC-based brokerage’s ambitious expansion plans.

Compass announced the “Powered by Compass” initiative last week at the Inman Connect San Francisco real estate conference, but according to an email sent to employees from Leading Edge management this week and obtained by Inman, the deal is now off, putting the future of Powered by Compass in question.

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Posted: 26 days ago
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