Compass Launches Global Sports & Entertainment Division

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Kofi Nartey, preeminent broker to pro-athletes & A-list celebrities, will help spearhead the “Compass Global Sports & Entertainment Division”

Compass Global Sports & Entertainment Division will serve a very important niche market that is equal parts real estate and concierge services.

Luxury tech-driven real estate platform Compass will launch an international sports and entertainment division, the company announced today. Compass Global Sports & Entertainment Division will focus on the specialized needs of professional athletes and entertainers in an increasingly connected global market through a custom high-tech and high-touch approach.

The division was inspired in part by Compass Founder and Executive Chairman Ori Allon, who owns Israel’s Hapoel Jerusalem basketball team alongside NBA star Amare Stoudemire. “Owning a professional basketball team and working closely with the players gave me unique insights into their career-driven lifestyles. They may wake up one day in one city, only to learn they need to quickly move to another city with their entire family,” said Allon. “A well-informed agent who really understands their situation can be a huge time and energy saver for them – so they can focus on being their best.”

Top agent Kofi Nartey has been tapped by Compass to play an integral role in creating the first true national network of offices and agents to assist this clientele. As the former Managing Director of the Sports & Entertainment division at The Agency, Kofi brings more than 13 years of industry-leading experience to the company, having worked with numerous high-profile clients including Kevin Durant, Candace Parker, Iggy Azalea, Derek Fisher, and Michael Jordan. Kofi says he looks forward to taking the successful model he built at his previous firm, and expanding it through Compass’ national platform.

“Compass Global Sports & Entertainment Division will serve a very important niche market that is equal parts real estate and concierge services. Sports stars and entertainers often find themselves having to shift life and career plans in a moment’s notice, and with Kofi’s expertise, Compass is prepared to seamlessly guide them through any stage in their journeys whether in New York, Los Angeles, Miami, Boston, Washington DC, or beyond,” said Robert Reffkin, Compass Founder and CEO.

Although Compass launched just two years ago, the company already has an established presence amongst celebrities and pro-athletes including legendary golfer Greg Norman, who recently listed his $55 million Colorado ranch with Compass broker Steven Shane.

Compass Global Sports & Entertainment Division will be comprised of select Compass agents in key markets across the country. The proprietary Compass Global network offers celebrities, professional athletes, and their agents instantaneous and discreet access to thousands of ultra high net-worth individuals (UHNWIs), developers, and top real estate professionals across six continents. Beyond traditional real estate services, Compass Global Sports & Entertainment Division caters to the ever-changing schedules of pro-athletes and entertainers, and can assist them in finding interior designers, architects, and moving companies, as well as more detailed programs such as personal chefs and private car services.

“I am extremely excited to join the fastest growing luxury real estate firm in the country. Compass’ national reach, cutting-edge technology, and dynamic agents are poised to change the industry. Having the opportunity to help launch the first true national sports and entertainment division was one I could not pass up,” added Kofi. A former football player at the University of California at Berkeley, Kofi has also appeared in several films, and is regularly a featured agent on HGTV’s Selling LA. He is also the author of the upcoming book, “Sellebrity: Breaking into and servicing the Sports & Entertainment Niche.”

Launched in 2013, Compass was founded by Reffkin, a former Chief of Staff to Goldman Sachs’ President & COO, and his business partner Ori Allon, who sold two previous companies to Google and Twitter. The Company began its national expansion last year, opening offices in Washington, D.C., Miami, Boston, the Hamptons, Los Angeles, and Aspen. The company’s proprietary technology brings actionable intelligence and transparency to real estate, empowering both the consumer and the agent to make decisions smarter and faster. Compass continues to create tools within a mobile workspace that saves agents and clients hours of time by reducing reliance on multiple platforms, bringing greater efficiency to the process of finding a home.

Compass has raised $135 million in investor funding, more than any other residential brokerage in the country, from key investors including Institutional Venture Partners, Thrive Capital, Founders Fund, 406 Ventures, Advance Publications, Inc., Kenneth Chenault, CEO of American Express and Marc Benioff, Founder and CEO of Salesforce.com.

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About Compass:

Compass is a technology-driven real estate platform dedicated to creating a seamless and intelligent home buying, selling, and renting experience. Combining the country’s top agents, proprietary market insights, and integrated mobile and web technologies, Compass is developing the future of real estate decision-making. Compass has locations in New York City, Los Angeles, Santa Barbara, Washington DC, Boston, Miami, the Hamptons, and Aspen, and has raised $135 million in investor capital. For more information on Compass, and to view more than $5 billion in exclusive Compass properties, visit http://www.compass.com

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Ashley Murphy
COMPASS
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