For many in the multiple listing services (MLS) industry, Monday’s announcement that Compass was acquiring Anywhere served as a wake-up call of sorts. Over the past year, Compass has worked to grow its stockpile of exclusive listings, but many did not consider the Robert Reffkin-helmed firm a serious threat to the MLS structure, due to […]
Compass-Anywhere deal sparks MLS reckoning Read More »
Compass’s acquisition of Anywhere Real Estate creates a national brokerage powerhouse — but industry veteran Steve Murray says the deal’s biggest effects will be in scale, services and back-office consolidation. Murray — senior advisor for HousingWire and founder of RealTrends and RTC Consulting —estimates the combined Compass-Anywhere operation will handle roughly a million transaction sides
Expert speaks on Compass-Anywhere market share, consolidation Read More »
If Compass’s proposed acquisition of Anywhere Real Estate moves forward, the companies will jointly oversee a $9 billion-per-year mortgage operation in partnership with Rate — enough to make them the 26th-largest U.S. originator in the first half of 2025. On Monday, Compass and Anywhere announced a definitive all-stock merger agreement that values Anywhere at $10
Compass-Anywhere deal brings $9B mortgage JVs under one roof Read More »
For Anywhere Real Estate, news of its acquisition by Compass, generated quite a bit of interest in its stock, thanks to the excitement of what this deal means for the future of the company. The real estate conglomerate saw its stock price rise from $7 at close of market on Friday to over $11 at
Compass’s Anywhere deal raises questions about industry power shifts Read More »
After over a decade in the industry, real estate brokerage Compass has amassed its fair share of critics and supporters. While industry leaders may have differing opinions on the Robert Reffkin-helmed firm, most seem to agree that Compass’s deal to acquire Anywhere Real Estate is impressive. “Congrats to Robert Reffkin,” Anthony Lamacchia, the broker-owner of
The Compass deal to buy Anywhere draws applause and alarm Read More »
In the wake of Compass’ acquisition of Anywhere Real Estate — formerly known as Realogy — here’s a primer on Anywhere’s trajectory as a major housing market player. Anywhere oversees and franchises some of the most recognizable names in residential real estate, including: Coldwell Banker Century 21 Corcoran ERA Real Estate Better Homes & Gardens
What to know about Anywhere following acquisition by Compass Read More »
Dave and Patricia Smith — a husband-and-wife real estate team with more than two decades of experience in the Washington, D.C., Maryland and Virginia region — have joined Compass. The pair has closed more than $500 million in career sales volume, averaging about $50 million annually. They have consistently ranked among the top 1% of
Compass adds top-producing agent couple in DC area Read More »
Artificial intelligence is elbowing its way into real estate, promising efficiency while threatening the very thing agents trade on: human connection. For Jeff Funk in Orlando and Michael Franco in New York City, the daily experiment isn’t whether to use AI, but how far to lean in without losing authenticity. Funk, leader of eXp Realty-affiliated
Avoiding a ‘sea of sameness’: Small real estate teams talk AI Read More »
Compass has appointed Ethan Glass as its new chief legal officer. Glass — a veteran antitrust lawyer — previously led the global antitrust and competition practice at Cooley LLP and directed U.S. Department of Justice teams that investigated and sued multiple listing service (MLS) organizations over anticompetitive conduct. “I’m honored to join Compass, a company
Compass taps former NAR settlement attorney Ethan Glass as chief legal officer Read More »
Despite the threat of having their listings banned from Zillow, it appears that more and more Compass home seller clients are choosing to use at least some parts of Compass’s three-phase marketing plan and listing their property as a Compass exclusive. Since bottoming out in mid-July, the number of Compass exclusive listings has risen to
Compass’s exclusive inventory is on the rise Read More »