Why This Real Estate App Is Making New York Brokers Nervous

Compass, which merges data analytics with its in-house agents, just got a major nod from the Manhattan Chamber of Commerce.

Talk about disruptive. Since launching 18 months ago, Compass—a real estate listing app for iOS and Android formerly known as Urban Compass—has generated quite a bit of discomfort among its legacy competitors, some of which have filed lawsuits. And it's no wonder Compass has shaken things up: As anyone who's ever tried to rent or buy property in New York knows, the experience is loaded with pain points—exactly the type of stuff that turns mere ideas into thriving startups.

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