BOSTON — Compass, the real estate technology company, has announced it has acquired Bushari Real Estate on the heels of a recent $450 million investment by the Softbank Vision Fund. With the addition of Bushari, Compass’ Greater Boston team has grown to nearly 150 agents representing $1.21 billion in annual sales volume. Compass’ regional headquarters on Newbury Street is now the number one office in Boston by sales volume.
Bushari, founded in 2008 by husband and wife-team Elad and Mara Bushari, has built a strong roster of agent talent. The company was built on a strong ethical foundation and a commitment to form a forward-thinking Boston real estate company with an acute focus on exceptional customer service. In 2017, Bushari was recognized as the fastest-growing private real estate firm in Massachusetts by Inc. 5000.
“Compass’ focus on arming their agents with world-class technology and support resonates with our commitment to help agents continually improve their business,” said Elad Bushari, co-founder of Bushari. “This is a great move for our clients who will benefit from Compass’ technology and nationwide network of buyers, sellers, and agents.”
“As we began to look at ways to grow our footprint in the greater Boston region, it became clear that the expertise and close community ties Bushari agents have in the market, paired with their appetite to bring best-in-class technology and support to their clients makes Bushari a great addition Compass,” said Jeffrey Heighton, General Manager of Compass Boston. “We’re thrilled to welcome Bushari to our growing Compass family in Boston and nationwide.”
Compass has committed to expanding to every major U.S. city and opening 70 new offices this year. In addition to Boston, Compass currently has a presence in New York City, Los Angeles, San Francisco, Washington, D.C., Chicago, Dallas, and Miami.
To view Boston listings, find an agent and explore neighborhoods and market insights, visit www.compass.com/boston.
Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. We deliver an incomparable experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world. Founded in 2012 by Ori Allon and Robert Reffkin, Compass operates in 12 regions across the United States: New York City, Los Angeles, San Francisco, Boston, Washington, D.C., Chicago, Dallas, Miami, Orange County, The Hamptons, Santa Barbara and Montecito, and Aspen. Learn more and find your place at www.compass.com and compass.com/careers.