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Real estate startup Compass reaches $1B valuation with latest investment

March 22, 2017

The company said it will use its “transformative” technology to influence the “antiquated real estate industry,” but it has its work cut out for it.

The real estate listing market is dominated by popular sites like Zillow, Trulia and Realtor.com, but Compass is counting on its advanced metric-based searches and quarterly market reports to lure homebuyers away.

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