Compass CA President Mark McLaughlin's Semi-Retirement Includes Advisory Role and Investment Ventures in Real Estate Industry
Former Pacific Union and Compass California president Mark McLaughlin has retired, but remains active in the real estate industry through his advisory role with Compass and investments in Homeowner.ai and Realfinity.
Mark McLaughlin, former president of Pacific Union and Compass California, has officially retired at the age of 66. However, he remains active in the real estate industry through his new part-time advisory role with Compass and his investments in Homeowner.ai and mortgage lender Realfinity through his venture fund, McLaughlin Ventures.
Despite technically being in semi-retirement, McLaughlin's role at Compass is still a significant one. He stated, "I turned 66 [on Tuesday] and I think it's my turn to enjoy my life with Monique, my wife," as he described his new position. McLaughlin's two-year contract as chief real estate strategist with Compass ended this summer, but he has chosen to stay on as an advisor.
In addition to his role at Compass, McLaughlin is also involved in Homeowner.ai and Realfinity through past investments made via his venture fund. These ventures allow him to continue his involvement in the real estate industry while also enjoying his semi-retirement.
McLaughlin's decision to continue working in the industry after his official retirement may seem controversial, but it is not uncommon for high-profile individuals in the real estate world to remain active in some capacity after stepping down from their positions. As McLaughlin's former colleague and current Compass CEO, Robert Reffkin, said, "Mark is a beloved and respected leader in our industry and we are lucky to have him continue as an advisor to Compass."