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Compass hires Mike Simonsen as chief economist

Compass hires Mike Simonsen as chief economist

By: Brooklee Han | Published: 2025-07-14 11:30:00 | Source: www.housingwire.com

“Mike has a unique ability to take complex housing data and turn it into something everyone can understand,” Robert Reffkin, the founder and CEO of Compass, said in a statement. “So when we had the chance to bring him to Compass, we didn’t hesitate.”

In this new role at Compass, Simonsen will focus on helping agents and their clients better understand housing market analytics in real time. He will also work with Compass to shape the brokerage’s market reports and power its data-focused content.

“My personal mission has been to help people understand the housing market and I’ve been working on that for 20 years,” Simonsen told HousingWire. “In the time I spent building Altos, Compass came on to the scene and became the biggest brokerage in the country by sales…

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