When Fidelity Investments valued Compass, a real estate brokerage, for $1.8 billion, it was a rare show of confidence in a real estate firm where real estate brokerages have been in profitability crisis for 20 years. Compass invests heavily in technology that helps its agents assess and sell properties. Compass believes its technology gives it an edge but other market players think otherwise. According to Ori Allon, co-founder and executive chairman of Compass, $100 million from this investment would be used in investing in research and development. The company also plans to double its agents and expand offices.
A commercial building/property inspector will be able to help you discover underlying risks that may be hidden in potential properties in which you may invest. Call Allison Property Inspections with your questions about our detailed process for inspecting commercial, industrial, retail or multi-family buildings in Los Angeles, Riverside or Orange Counties.