When Compass was raising record-shattering sums of venture capital, rattling the residential industry in the process, a rival brokerage leader described it as the “greatest fundraising machine in the history of America.” Unfortunately for the company, it has since earned another, more dubious distinction: becoming the most unprofitable publicly traded residential brokerage of its era. Its losses between January 2021 and June 2022 totaled nearly $800 million, filings show — including almost $500 million last
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