Corcoran Group Expands Franchise Network with New Boutique Brokerage
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: Newsfilter
- New Franchise Launch: Corcoran Group has launched Corcoran SRG Residential in Syosset, New York, aimed at serving several sought-after communities in Long Island, marking a continued expansion of its franchise network and expected to enhance brand market share in the region.
- Outstanding Sales Performance: Since its founding in 2023, SRG Residential has achieved over $800 million in sales, demonstrating strong performance in the Long Island real estate market and further solidifying the Corcoran brand's market position.
- Strong Leadership Team: Led by founders David Cohen, Jared Sarney, and Sam Horowitz, who bring extensive experience and local knowledge in real estate, their leadership is expected to drive significant business growth for Corcoran.
- Robust Market Demand: The demand from lifestyle-driven buyers in Long Island continues to grow, particularly among consumers relocating from New York City, and SRG Residential's services will cater to these clients' needs for space and community-oriented living, driving the company's sustainable growth in the future.
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Analyst Views on COMP
Wall Street analysts forecast COMP stock price to rise
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 8.360
Low
10.00
Averages
13.31
High
16.00
Current: 8.360
Low
10.00
Averages
13.31
High
16.00
About COMP
Compass, Inc. provides an end-to-end platform that empowers its residential real estate agents to deliver service to seller and buyer clients. Its platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionalities, all custom-built for the real estate industry. Its platform also uses proprietary data, analytics, artificial intelligence, and machine learning to simplify the workflows of agents and deliver recommendations and outcomes for both agents and their clients. It also provides integrated services, such as title and escrow and mortgage, both of which are available on its platform. The Company operates its franchise business under the Better Homes and Gardens Real Estate, Century 21, Christie's International Real Estate, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Corcoran Group Expands Franchise Network with New Boutique Brokerage
- New Franchise Launch: Corcoran Group has launched Corcoran SRG Residential in Syosset, New York, aimed at serving several sought-after communities in Long Island, marking a continued expansion of its franchise network and expected to enhance brand market share in the region.
- Outstanding Sales Performance: Since its founding in 2023, SRG Residential has achieved over $800 million in sales, demonstrating strong performance in the Long Island real estate market and further solidifying the Corcoran brand's market position.
- Strong Leadership Team: Led by founders David Cohen, Jared Sarney, and Sam Horowitz, who bring extensive experience and local knowledge in real estate, their leadership is expected to drive significant business growth for Corcoran.
- Robust Market Demand: The demand from lifestyle-driven buyers in Long Island continues to grow, particularly among consumers relocating from New York City, and SRG Residential's services will cater to these clients' needs for space and community-oriented living, driving the company's sustainable growth in the future.
See More
Launch of The Bachman Team Enhances Mortgage Services at Guaranteed Rate Affinity
- Team Formation: Bob Bachman has launched The Bachman Team during his tenure as Vice President of Mortgage Lending, marking a new chapter in his 24-year mortgage career aimed at providing broader support and services to clients.
- Market Expansion: Since joining Guaranteed Rate Affinity, Bachman has continued to grow his business across Los Gatos, Santa Clara County, and the greater San Jose area, establishing himself as one of the region's leading loan specialists, showcasing the company's strong influence in the local market.
- Client Support: The new team will focus on assisting a wide range of borrowers, including first-time homebuyers and clients looking to buy before they sell, aiming to enhance customer satisfaction by providing clarity in the lending process to help clients make confident decisions.
- Industry Recognition: Bachman has received President's Club recognition for over a decade and was named to Scotsman Guide's 2026 Top Originators list, demonstrating his outstanding performance in the mortgage industry and growth potential within Guaranteed Rate Affinity.
See More
Brian Scott Cohen Recognized as Top Mortgage Officer Nationwide
- Outstanding Industry Ranking: Brian Scott Cohen has been recognized as the No. 1 loan officer in New York City by Mortgage Executive Magazine and ranked No. 21 nationally, showcasing his exceptional performance in one of the most competitive real estate markets, thereby reinforcing the company's leadership position in the industry.
- Extensive Experience: With over 20 years in mortgage lending, Cohen serves clients nationwide across various borrower needs and transaction types, ensuring clarity and efficiency in each transaction through deep market knowledge and strong real estate partner relationships.
- Client Trust: Cohen emphasizes that the trust of clients and real estate professionals is key to his success, indicating his commitment to building long-term relationships and providing quality service, which enhances customer satisfaction and loyalty.
- Company Support: Since its inception, Guaranteed Rate Affinity has funded over $100 billion in loans, providing fast pre-approvals, appraisals, and loan closings, ensuring clients can move quickly and confidently in a competitive market, further enhancing the company's competitive edge.
See More
Zillow Files Antitrust Lawsuit Against Compass and MRED
- Antitrust Lawsuit: Zillow Group filed a federal antitrust lawsuit against Compass and Midwest Real Estate Data on Tuesday, alleging collusion to hide home listings and punish Zillow, which could significantly impact market competition.
- Stock Price Reaction: Compass shares fell by 4.1% and Zillow's shares slid 2.6% in late afternoon trading, indicating a negative market reaction to the lawsuit that may affect both companies' future performance.
- Partnership Context: Compass and MRED entered a partnership in April 2026, allowing Compass agents to input listings into MRED's system nationwide, with Zillow claiming this move aims to extend MRED's monopoly beyond the Chicago area.
- Anti-Competitive Behavior: Zillow accused the defendants of threatening to cut off access to all listings for Zillow and other competitors, labeling this as an anti-consumer practice that could reduce market transparency and harm consumer interests.
See More
Voxpopme Launches AI Research Agent Compass for Enterprises
- AI Research Agent Launch: On May 6, 2026, Voxpopme introduced Compass, an AI research agent designed to provide deep market insights and support product teams, generating stakeholder-ready deliverables in a single conversation.
- Bridging Information Silos: Compass eliminates the gap of lacking consumer voice in business decisions by transforming consumer evidence into searchable language, enabling brands to respond quickly to executive inquiries, thereby enhancing decision quality at critical moments.
- Accelerator Program Initiation: Voxpopme launched the Compass Accelerator Program, allowing new users to import up to 1,000 minutes of existing research videos and initiate 8 new projects, helping businesses create strategic impact from day one.
- Live Demonstration Events: Voxpopme will showcase Compass at events like Quirk's London on May 7, 2026, demonstrating how research agents can drive smarter business decisions, further enhancing brand competitiveness in the market.
See More
Compass Q1 2026 Earnings: Synergy Targets Raised
- Increased Synergy Targets: Compass has raised its 2026 cost synergy target from $400 million to $500 million, with $300 million expected to be actioned in the first year, reflecting management's confidence in integration progress and potentially enhancing investor expectations for future profitability.
- Q1 Financial Performance: In Q1 2026, Compass reported revenue of $2.7 billion, exceeding analysts' expectations of $2.67 billion, while adjusted EBITDA stood at $61 million, indicating the company's sustained competitiveness and profitability in the market.
- Cash Flow Position: Although free cash flow was negative at $168 million in Q1, the company ended the quarter with a strong cash position of $484 million, providing a buffer for future investments and debt repayments, showcasing financial resilience.
- Optimistic Future Outlook: The company has guided Q2 2026 revenue between $4 billion and $4.2 billion, significantly above analysts' estimate of $3.93 billion, indicating management's optimistic view on market demand, which may attract more investor interest.
See More
Corcoran Group Expands Franchise Network with New Boutique Brokerage
- New Franchise Launch: Corcoran Group has launched Corcoran SRG Residential in Syosset, New York, aimed at serving several sought-after communities in Long Island, marking a continued expansion of its franchise network and expected to enhance brand market share in the region.
- Outstanding Sales Performance: Since its founding in 2023, SRG Residential has achieved over $800 million in sales, demonstrating strong performance in the Long Island real estate market and further solidifying the Corcoran brand's market position.
- Strong Leadership Team: Led by founders David Cohen, Jared Sarney, and Sam Horowitz, who bring extensive experience and local knowledge in real estate, their leadership is expected to drive significant business growth for Corcoran.
- Robust Market Demand: The demand from lifestyle-driven buyers in Long Island continues to grow, particularly among consumers relocating from New York City, and SRG Residential's services will cater to these clients' needs for space and community-oriented living, driving the company's sustainable growth in the future.
See More
Launch of The Bachman Team Enhances Mortgage Services at Guaranteed Rate Affinity
- Team Formation: Bob Bachman has launched The Bachman Team during his tenure as Vice President of Mortgage Lending, marking a new chapter in his 24-year mortgage career aimed at providing broader support and services to clients.
- Market Expansion: Since joining Guaranteed Rate Affinity, Bachman has continued to grow his business across Los Gatos, Santa Clara County, and the greater San Jose area, establishing himself as one of the region's leading loan specialists, showcasing the company's strong influence in the local market.
- Client Support: The new team will focus on assisting a wide range of borrowers, including first-time homebuyers and clients looking to buy before they sell, aiming to enhance customer satisfaction by providing clarity in the lending process to help clients make confident decisions.
- Industry Recognition: Bachman has received President's Club recognition for over a decade and was named to Scotsman Guide's 2026 Top Originators list, demonstrating his outstanding performance in the mortgage industry and growth potential within Guaranteed Rate Affinity.
See More
Brian Scott Cohen Recognized as Top Mortgage Officer Nationwide
- Outstanding Industry Ranking: Brian Scott Cohen has been recognized as the No. 1 loan officer in New York City by Mortgage Executive Magazine and ranked No. 21 nationally, showcasing his exceptional performance in one of the most competitive real estate markets, thereby reinforcing the company's leadership position in the industry.
- Extensive Experience: With over 20 years in mortgage lending, Cohen serves clients nationwide across various borrower needs and transaction types, ensuring clarity and efficiency in each transaction through deep market knowledge and strong real estate partner relationships.
- Client Trust: Cohen emphasizes that the trust of clients and real estate professionals is key to his success, indicating his commitment to building long-term relationships and providing quality service, which enhances customer satisfaction and loyalty.
- Company Support: Since its inception, Guaranteed Rate Affinity has funded over $100 billion in loans, providing fast pre-approvals, appraisals, and loan closings, ensuring clients can move quickly and confidently in a competitive market, further enhancing the company's competitive edge.
See More
Zillow Files Antitrust Lawsuit Against Compass and MRED
- Antitrust Lawsuit: Zillow Group filed a federal antitrust lawsuit against Compass and Midwest Real Estate Data on Tuesday, alleging collusion to hide home listings and punish Zillow, which could significantly impact market competition.
- Stock Price Reaction: Compass shares fell by 4.1% and Zillow's shares slid 2.6% in late afternoon trading, indicating a negative market reaction to the lawsuit that may affect both companies' future performance.
- Partnership Context: Compass and MRED entered a partnership in April 2026, allowing Compass agents to input listings into MRED's system nationwide, with Zillow claiming this move aims to extend MRED's monopoly beyond the Chicago area.
- Anti-Competitive Behavior: Zillow accused the defendants of threatening to cut off access to all listings for Zillow and other competitors, labeling this as an anti-consumer practice that could reduce market transparency and harm consumer interests.
See More
Voxpopme Launches AI Research Agent Compass for Enterprises
- AI Research Agent Launch: On May 6, 2026, Voxpopme introduced Compass, an AI research agent designed to provide deep market insights and support product teams, generating stakeholder-ready deliverables in a single conversation.
- Bridging Information Silos: Compass eliminates the gap of lacking consumer voice in business decisions by transforming consumer evidence into searchable language, enabling brands to respond quickly to executive inquiries, thereby enhancing decision quality at critical moments.
- Accelerator Program Initiation: Voxpopme launched the Compass Accelerator Program, allowing new users to import up to 1,000 minutes of existing research videos and initiate 8 new projects, helping businesses create strategic impact from day one.
- Live Demonstration Events: Voxpopme will showcase Compass at events like Quirk's London on May 7, 2026, demonstrating how research agents can drive smarter business decisions, further enhancing brand competitiveness in the market.
See More
Compass Q1 2026 Earnings: Synergy Targets Raised
- Increased Synergy Targets: Compass has raised its 2026 cost synergy target from $400 million to $500 million, with $300 million expected to be actioned in the first year, reflecting management's confidence in integration progress and potentially enhancing investor expectations for future profitability.
- Q1 Financial Performance: In Q1 2026, Compass reported revenue of $2.7 billion, exceeding analysts' expectations of $2.67 billion, while adjusted EBITDA stood at $61 million, indicating the company's sustained competitiveness and profitability in the market.
- Cash Flow Position: Although free cash flow was negative at $168 million in Q1, the company ended the quarter with a strong cash position of $484 million, providing a buffer for future investments and debt repayments, showcasing financial resilience.
- Optimistic Future Outlook: The company has guided Q2 2026 revenue between $4 billion and $4.2 billion, significantly above analysts' estimate of $3.93 billion, indicating management's optimistic view on market demand, which may attract more investor interest.
See More
