Compass real estate opening up shop in Tampa Bay

Tampa Bay’s real estate market has continued to be hot in 2021, and a new company wants to tap into the action.

Compass, Inc., a national real estate brokerage, announced Thursday that it has hired more than 40 local agents and is opening an office in St. Petersburg and another in South Tampa. Those locations will mark the company’s first official presence in the area, as it currently just has “temp” offices for a few remote agents, said Megan Faulconer, associate marketing manager for central Florida and Tampa Bay.

“We’re seeing a lot of eyeballs on Tampa right now,” she said. “It comes with all the recent success of our sports teams, alongside eyeballs being drawn to Florida in general with lots of people moving to the Sunshine State. That growth is really what drew us to the market.”

Compass has been increasing its presence in Florida, with an expansion into Orlando last month. The company touts its technology-focused approach to real estate, which includes a suite of custom software designed to help agents streamline their business.