July is Luxury Month at Inman. We’ll take the temperature of the luxury market, talk to top producers in the ultra-luxury space and dive into the luxe trends of today — all culminating at Luxury Connect in San Diego, where we’ll announce this year’s Golden I Club honorees.
As it continues to grow across the country, luxury focused brokerage Compass has welcomed another brokerage into its ranks with the acquisition of Colorado-based PorchLight Real Estate Group.
The formerly indie firm was founded in 2005 and has become well-established in Denver and Boulder since then with five sales offices. PorchLight, which is women- and LGBTQ+-owned, closed $922.3 million in sales volume in 2024, according to RealTrends.
PorchLight Realty Group was also recognized in 2024 and 2023 by the LGBTQ+ Real Estate Alliance as an alliance-member brokerage with the highest sales volume.
With the acquisition, 180 agents from PorchLight will now be affiliated with Compass.
“I’m excited to welcome the talented agents of PorchLight who have built a reputation for caring deeply about their clients and providing personal, standout service,” Compass founder and CEO Robert Reffkin said in a statement. “I am confident that, together, we will be able to learn from each other and better serve Coloradans.”
In the last several months, Compass has also acquired @properties Christie’s International Real Estate and Washington Fine Properties.
Amy Bayer and Carol Bayer founded PorchLight under the mantra that “agents thrive when they are fully supported,” according to a media statement.
“Joining Compass feels like the natural next step for PorchLight,” Amy Bayer, who is also co-CEO of PorchLight, said in a statement. “We’ve always believed in empowering agents to do their best work, and Compass offers the scale and technology to help take that to the next level. I’m incredibly proud of what our team has built over the past two decades and excited to see how our agents will thrive in the years ahead with Compass.”
