Compass Hires Economist: Market Insights & Data-driven Content

Sharing private listing information? Some of Compass’ proprietary agent data consists of information on the business’s 6,600 private special listings– but it’s vague if that information and research would certainly be provided to the market or for more comprehensive intake. “I’m below to help people understand the market and see and connect best what’s taking place for sellers and buyers,” Simonsen said on the subject, including that he will certainly likewise be resuming his once a week market update video collection yet under the Compass brand and team.

‘An extremely engaging offer’: After marketing Altos Research study to HW Media and managing the company’s transition, Simonsen stated he seemed like “it was time for a new adventure” and “had some ideas,” yet he hadn’t taken into consideration moving to Compass. When Reffkin reached out with the possibility for Simonsen to proceed doing study and coverage as the brokerage’s primary economist, he chose it was the sensible next action in his occupation.

New Role at Compass: Housing Market Analytics

In his brand-new function with Compass, Simonsen will “focus on helping agents and their clients much better understand housing market analytics in genuine time,” the company stated, along with lead research study initiatives that will certainly “aid elevate Compass’ market reports and power its data-driven web content.” Simonsen has routinely been cited as an experienced voice in mainstream media, the firm kept in mind, having been included in stories from The New York Times, The Atlantic, Bloomberg and others.

Simonsen stated component of his brand-new function will likewise be assisting sellers and purchasers recognize the current housing market landscape. “It helps me as a professional analyst of the market having the understanding of the 37,000 agents doing one of the most purchase volume in the nation,” he told Property News over a call.

Market Intelligence Investment for Agents

Market intelligence for representatives: Compass CEO Robert Reffkin stated in a press release that employing Simonsen is “a direct financial investment” in the firm’s strategy “to offer first-rate market knowledge” to representatives.

“The Compass team were followers of the work I was doing at Altos and just how I communicated concerning the marketplace, and [Reffkin] asked me what it would certainly resemble if I joined and came Compass to do that,” Simonsen said.

Simonsen’s Journey: From Author to Specialist

From author to in-house specialist: Simonsen, a sector professional, started Altos Research study in 2006 and has actually authored countless stories for HousingWire since his firm was obtained by HW Media in 2022. He has additionally given information and research to the “biggest Wall surface Road investment firms, financial institutions, and 10s of thousands of realty professionals around the country,” his writer web page on HousingWire notes.