Residential brokerage Compass Real Estate has filed documents with the Securities & Exchange Commission to go public.

While Compass has yet to disclose the number of shares it will offer or the price range for the proposed initial public offering, a recent article in Bloomberg reported that Compass is working with Goldman Sachs and Morgan Stanley as underwriters of the IPO.

Compass did not provide a timeline for the offering, other than saying it would take place after the SEC’s review process.

The real estate technology firm did not disclose whether they would offer its more than 18,000 agents the opportunity to purchase shares ahead of the IPO, similar to the Directed Share Program Airbnb offered many of its long-time hosts prior to their Dec. 10 IPO.

However, a portion of Compass agents are enrolled in the company’s Agent Equity Program, allowing brokers to defer payment on commissions and referrals which will convert to equity the following year, with a 10% match provided by Compass. In addition, the program means agents won’t have to pay an exercise price in the event of an IPO.

Founded in 2012 by Orion founder Ori Allon and Goldman alum Robert Reffkin, both of whom recently ranked No. 7 on The Swanepoel Power 200 list of most powerful people in real estate in 2021, Compass was last valued at $6.4 billion in 2019.