Year-old The Collective Residential is becoming Compass Dallas as a result of a merger announced in January.
The Collective, founded by Christy Berry and Jonathan Rosen, bills itself as a boutique residential real estate brokerage firm specializing in luxury properties.
New York-based Compass identifies as a real estate technology company.
“Compass’ focus on agent service, technology, and immaculate branding will allow us to best serve Dallas home buyers and sellers with the personal touch we pride our business on,” Berry said.
Compass was founded in 2012 to provide technology to help real estate professionals run and grow their business.
“We believe that we can make the experience of buying or selling a home better for everyone involved by building technology and providing support designed to make agents’ lives simpler,” said Robert Reffkin, co-founder and CEO of Compass.
In the past five years, Compass grew to become a $2.2 billion company with more than 40 offices in 12 cities nationwide servicing 2,200 agents. With a recent $450 million investment from the Softbank Vision Fund, Compass plans to expand into every major U.S. city – nine in 2018, including Dallas.
Compass plans for Dallas include opening two more offices.