May 16, 2022 / 06:15PM GMT
Mayank Tandon - Needham & Company, LLC - Analyst
Hello, everyone. This is Mayank Tandon. I am the fintech analyst at Needham. I'd like to welcome Robert Reffkin, the CEO of Compass; and Kristen Ankerbrandt, the CFO of Compass. Thank you, Robert and Kristen, for joining us.
Robert Reffkin - Compass, Inc. - Founder, Chairman & CEO
Glad to be here. Thanks for inviting us.
Questions and Answers:
Mayank Tandon - Needham & Company, LLC - AnalystGreat. So we are going to do a fireside chat. So, Robert, let me kick things off with sort of a high-level question on the minds of every investor in Compass and related names. What is the lay of the land in terms of the real estate market? You're coming off a quarter where you had a strong 1Q, where you did then caution for at least the near term in terms of some of the headwinds on the real estate market.
So if you could maybe set the stage for us and give us some of the puts-and-takes that are impacting the real estate market, that would be helpful.