Compass has expanded into its ninth new market since its April initial public offering. Seven top agents will establish the brokerage’s presence in Minneapolis.

Compass has launched operations in Minneapolis, according to an announcement Thursday. Compass will enter the market with seven top agents representing more than $170 million in sales volume.

Top producers John C. Adams, John F. Adams, Mike Steadman, Holly Connaker, Andrew Spilseth and T. Cody Turnquist will serve as principal agents, the brokerage’s term for team leaders. The agents are expected to operate out of a single location, which will open soon.

Racheal Rohn | Credit: LinkedIn

“The agents joining Compass in Minneapolis are the perfect partners to build our presence in Minnesota,” Compass Regional President Rachael Rohn said in a statement. “As Compass continues to expand throughout the Midwest, our agents have long suggested Minnesota as a flourishing market with high-integrity agents that could expand our referral network.”

“Minneapolis has seen strong market growth and we are incredibly excited about empowering the agents in the market with our proprietary tools and technology,” Rohn added.

John C. and John F. Adams, the founders of John Adams Real Estate, said Compass’ technology, marketing and national network were the deciding factors in their move to the brokerage. The duo has more than $1.1 billion in combined sales volume and was named the top dual-agent team in Minneapolis on The Wall Street Journal’s “The Thousand” list.

The Adams duo. | Credit: John Adams Real Estate

“By joining Compass as Founding Agents, we have the leading opportunity to modernize our acclaimed brand while elevating our personalized approach to continue to meet the expectations of our clients and the luxury properties we represent,” the duo said in a statement. “Compass’ exclusive technology, inventive programs, and national network will allow us to focus on what we do best – serving our clients.”

“We are inspired by the innovative leadership and feel lucky to be a part of Compass’ forward vision for the industry and growth in Minnesota,” they added.

The Steadman Team brokers Mike Steadman and Holly Connaker echoed the Adams’ statement and said they’d been awaiting the opportunity to join Compass.

The Steadman Team

“We have been watching Compass for the past several years and were thrilled to learn they were entering the Minneapolis market,” Steadman and Connaker said in a statement. “Compass is committed to helping our team better ourselves and grow our business.”

“They have demonstrated their willingness and ability to support our team with the exceptional tools, marketing staff, AI-based technology and talented people they surround us with,” they added. “Real estate is changing and Compass is at the forefront. It was never a question of if, just when we would partner with them.”

In 2021 Compass has added 314 new agents to its ranks, representing more than $3.12 billion in 2020 sales volume. The brokerage reignited market expansions in October 2020 after a two-year hiatus to focus on product launches. Compass paused again to focus on its IPO but quickly announced launches in Tampa Bay, Florida, and Wilmington, Delaware, after its April 1 public debut.

Email Marian McPherson

Compass
Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×