Compass debuts on the Fortune 500

We’re thrilled to announce that Compass has found our home on the Fortune 500 alongside some of the world’s most respected companies like Apple, American Express, and Nike! In less than 10 years, we have become the #1 real estate brokerage in America (RealTrends 500) and one of the youngest companies ever to make the Fortune 500

In the last year alone, almost a quarter-million clients put their trust in a Compass agent as they made one of the biggest decisions in their life – buying or selling their home. 

How does this benefit you?

Global exposure and name recognition

The rapid growth that landed us on the Fortune 500 list and on top of the RealTrends rankings has, in the words of financial site Seeking Alpha, made Compass “a household brand name for both home buyers and sellers.” This translates directly to your home, whether buying or selling.

*Seeking Alpha, “Compass: This Real Estate Titan Is Too Good Of A Steal To Pass On”, May 15, 2022

Global reach and network

As one of the only residential brokerages in the Fortune 500, our unparalleled network of the nation’s top agents gives you the most valuable referral network in the industry. Expect quick access to a well-regarded, expert agent no matter where you’re moving.

Strength and stability

In today’s historical housing market, you can be confident that you are supported by a brokerage with the transparency of a publicly-traded company, the scale of the #1 brokerage by sales volume, and the merit of the Fortune 500.

Have you painted fabric before?

Neither had we… till we heard of chalk paint!

A while back, pre-pandemic, we ruined a perfectly fine sofa in our guest room by trying to steam clean it. (Lesson learned.)

The sofa before it was painted.
Before photo of the sofa

Long story short: the few water stains it had multiplied by the time we were done. It was such an eyesore, we covered it with sheets and pillows waiting for the day we could drag it out and take it to the dump.

Water stains on the sofa from trying to steam clean it
Close up of water stains from steam cleaning

Fast-forward to one recent pandemic day, we came across videos of chalk paint being used to paint anything and everything – including fabric! (Just go to YouTube and search for “chalk paint fabric” and you’ll see what we’re talking about.)

There began our quest to restore the sofa.


Research Time…

We read and watched anything we could find on chalk paint and which was the best on fabric. Everyone had their own stories and suggestions for paint, but most recommended Annie Sloan brand paint.

Annie Sloan Chalk Paint
Annie Sloan Chalk Paint

Finding the Paint…

Of course, this brand is not sold in paint stores or big box hardware warehouses, no. You have to find a stockist who… stocks it. Fortunately, there is one in Old Town Alexandria: Boxwood


Getting Started…

Eddie decided that diluting the paint with water was the way to go. After all, that was some of the advice online. Eddie was wrong. After two coats (of diluted paint), the sofa looked only a shade darker than when he started the process. The paint can was empty.

The sofa with a first coat of blue paint

Trying Again…

Eddie went back to the Boxwood for another liter of paint, and searched for better online guidance. The painting resumed. One more coat. This time with undiluted paint. Then…

The sofa with another coat of blue paint

Eureka!

After the paint dried, it got a light sanding and waxing, and in a few days it was this fabulous blue comfort zone!

The sofa painted blue.
The sofa painted in Napoleonic Blue. The wall is painted in Barecelona Orange and Graphite. The pottery is painted in Pure White.

To complete the makeover, we painted the wall behind the sofa in Barcelona Orange and Graphite to contrast the Napoleonic Blue. 


Extras…

Why stop now? So we painted some pottery and the trunk-table, for good measure!

The sofa painted blue.


Interested?

We’re happy to share more about our process and experience. Feel free to direct message us if you’re interested.

Connected with Compass

We're here to help – where life take you.

Connected with Compass

During the last three months, many of us have begun to re-evaluate what we need from our homes. Some desire more space, maybe with a terrace, garden, or pool, while others may be ready to downsize into a low-maintenance lifestyle. Some might be ready for a residence in warmer weather, while others are looking for a cooler escape. 

Over the next few months and subsequent years, there will be many changes made to the places we call home. At Compass, we are connected to the best real estate professionals in regions all across the country who are ready to help you explore and navigate your options. 

With trusted colleagues in over 130 markets nationwide, we’re here to help — no matter where your move takes you.

Map of Compass offices across the United States

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a phone or video call, or give us a ring!

What Happens After A Contract is Accepted On My Home?

by Eddie Rangel & Steven Dean, REALTORS

After a contract is accepted for the sale of a home, we keep working for you. Here is a list of the actions that typically have to happen to get from contract acceptance to the settlement table:
1. Contract Delivery: Your contract isn’t binding until it’s signed and delivered. We ensure that it’s delivery and confirm that it’s delivered.
2. Report the Sale: We report the sale to the local multiple listing service, so other agents are aware of the contract. This allows your life in your home to begin to return to normal without the flow of constant prospective purchasers.
3. Verify Loan Application: Contact the Loan Officer for the Purchaser to verify that the loan application is complete and that the sale is moving forward.
4. Verify Funding: If the Purchaser is not obtaining a mortgage, verify that they have the funds to complete purchase.
5. Wood-destroying Insect Inspection: Confirm the date and time for the termite inspection. Provide access for the inspector.
6. Wood-destroying Insect Treatment & Repairs: If needed confirm the date, time, and cost for the termite treatment and repairs. Provide access for the contractors.
7. Appraisal: Confirm date and time of the appraisal. Provide access for the appraiser, and provide data on comparable sales.
8. Home Inspection: Confirm date and time for the home inspection. Review the Home Inspection Notice when received and negotiate as needed.
9. Home Inspection Repairs: Assist with locating contractors to perform repairs required by the Home Inspection.
10. Contingencies: Verify that all contingencies have been removed from the contract, and that the sale is moving forward.
11. “SOLD”: Once the contract is non-contingent, place a “SOLD” sign on the property.
12. Title Work & Survey: Confirm that title work and appropriate surveys are ordered.
13. Completion of repairs: Verify that all repairs required by the contract are completed
14. Wood-destroying Insect Reports & Certifications: Forward copies of the termite reports and any needed certifications to the settlement company.
15. Title Work Status: Once an abstract of title has been received, confirm the status of the title work with the settlement company and the Seller.
16. Title Issues: If title issues arise, advise the Seller how to resolve the title issues.
17. Schedule Closing: Confirm the date and time of settlement with all parties.
18. Movers: If requested, give movers access to the property to create moving bids.
19. Closing Costs: Obtain closing costs figures for the Seller.
20. Walk-Through Inspection: Schedule the date and time for the final walk-through inspection by the Purchaser.
21. Attend Walk-Through Inspection: Meet the Purchaser and the Purchaser’s Agent for the final inspection.
22. Negotiate Walk-Through Inspection: If any issues arise during the final walk-through inspection, negotiate a resolution.
23. Remove Sign & Lockbox: Remove the “FOR SALE” sign, the lockbox, and bring the keys to settlement.
24. Attend Settlement: Attend the Settlement and bring copies of paperwork related to sale of the property.
This is a general guide. For specific guidance, please contact us.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a phone or video call, or give us a ring!

How to Hold Title

by Eddie Rangel, REALTOR

For legal advice on how one should hold title, it’s recommended to consult an attorney. Here is some general information on holding title when the property is owned by more than one person.

•  Tenants by the Entirety is available to married couples only. Each spouse owns the entire property. The property cannot be seized because of the debts of one spouse. This is generally considered the best protection available.

•  Tenants in Common indicates that each person on the title owns a share of the property which they can transfer or will to others. The property cannot be seized because of the debts of one of the owners. When an owner dies, the shares owned transfer through the owner’s will through probate.

•  Joint Tenancy  (which is often called Joint Tenancy with the Right of Survivorship) indicates that each person on the title owns a share of the property which transfers automatically to the surviving owners upon death. When an owner dies, the shares owned transfer through the owner’s will through probate. The family of the deceased cannot challenge the transfer as they could a will. There are no protections on the property for the debts of other owners.

Those are the general principals of the three most common ways to hold title.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a phone or video call, or give us a ring!

Check out your Credit Reports

Long before you ever make loan application to buy your new home, if you suspect there may be something on your credit report that might cause a problem, you should investigate it.

The federal law requires credit bureaus to share this information with you. In most instances, you may receive one in-file report per year at no charge.

Here is the link for the free credit report: https://www.annualcreditreport.com/

It may be difficult to understand, which is why they will send you a booklet explaining their code system. You may want to make an appointment with a credit counselor to answer any specific questions you may have. Just give us a call and we will help you get started.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a phone or video call, or give us a ring!

Looking to sell your home?

With Compass we have the resources to stay connected with interested buyers, even at a physical distance.

Whether it’s through our tech programs like Collections or Marketing Center, or through online virtual and 3-D tours, we can give your home great exposure in any market conditions.

If you’re looking to sell your home, let’s set up a time to chat. We are always a phone call, text, or FaceTime/Zoom away.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a phone or video call, or give us a ring!