Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quarter of 2025, with total transactions rising 20.9%. Compass CEO Robert Reffkin emphasized the company’s […]
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Compass is closing out July with another acquisition. The brokerage announced Tuesday that it has acquired Charlotte, North Carolina-based independent brokerage Cottingham Chalk. The financial terms of the deal were not disclosed. The company had previously been affiliated with the Leading Real Estate Companies of the World network. “We’re proud to welcome Cottingham Chalk,” Robert
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Another merger and acquisition deal has hit the housing industry. Real estate and mortgage intelligence provider InGenius announced Wednesday that it has acquired SIMPL, a recruitment platform designed to support retail mortgage branch managers, and it has incorporate it into its existing data tools. Built by Fobby Naghmi and John Perry, SIMPL stands for Strategic
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Lamacchia Realty has opened its first Rhode Island office following the acquisition of Tirrell Realty, a longstanding brokerage based in Riverside, Rhode Island. The deal marks Lamacchia‘s 11th acquisition in New England over the past two years and expands its footprint in the Providence-area housing market. Tirrell Realty — formerly affiliated with the Weichert franchise
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Property management software company RealPage has acquired Livble, a flexible rent payment provider, in a move that expands RealPage’s reach into financial tools for renters and property managers. Financial terms of the deal were not disclosed. The deal brings Livble’s installment-based rent payment system into RealPage’s LOFT and Buildium platforms. Livble allows eligible renters to
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Two established Atlanta metro-area real estate firms — ERA Foster & Bond and ERA Sunrise Realty — have merged, combining operations under a single brokerage that now includes more than 175 agents and six office locations. The combined firm now has a Georgia footprint that extends across Atlanta, Canton, Duluth, Marietta, Milton, Athens and Savannah.
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Move Inc., the parent company of Realtor.com, has acquired Zenlist, a real estate technology company known for its collaborative search tools for agents and homebuyers. The acquisition was announced Monday and aims to enhance Realtor.com’s offerings for real estate professionals by integrating Zenlist’s mobile-first platform, which allows agents and clients to search and communicate in
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RedKey Realty Leaders has announced a merger with RE Source LLC, a boutique commercial brokerage founded in 2001. The partnership, finalized on July 5, marks the official launch of RedKey’s commercial real estate division and adds a new office location in St. Louis. The merger brings seven commercial agents from RE Source to RedKey’s existing
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Miami-based Atlas VMS on Wednesday announced the acquisition of appraisal order management platform AIM-Port. Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs). “The acquisition of this platform is a key component of Atlas’s broader mission to bring smarter, high-touch solutions to
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The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm. Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were more than 900 MLSs. But
‘I want one source’: Consolidation is picking up in the MLS space Read More »