"Compass CEO Robert Reffkin's promises for his firm to be a disruptor, and so far, he's doing a good job at that. Reffkin has talked at length in recent years about changing the residential real estate landscape. He's pushed Compass' private exclusives platform, setting the stage for a war with Zillow. Now, Compass is set to acquire Anywhere Real Estate, the second biggest brokerage firm and the parent company of rivals Century 21, Coldwell Banker, Corcoran and Sotheby's International Realty."
"Compass agents and Compass.com goal is to have more inventory than all other Boston condo for sale independent sites... if you aren't working with Compass agents or aren't searching Compass, you are not seeing all the inventory. The deal, which will add Anywhere's more than 300,000 agents worldwide to Compass' more than 30,000 agents. According to RealTrends, would be larger than the next five brokerages combined, which account for $398 billion and include juggernauts like eXp Realty and Douglas Elliman."
Compass plans to acquire Anywhere Real Estate, combining major global brands and creating a brokerage larger than the next five firms combined. The acquisition, slated to close in 2026, will add Anywhere's more than 300,000 agents to Compass' roughly 30,000 agents. Compass emphasizes a private exclusives platform and aims to aggregate more inventory on Compass.com, seeking to centralize Boston condo listings. The consolidation risks reducing visibility for buyers and sellers who do not use Compass channels and poses operational and competitive challenges while intensifying competition with Zillow.
Read at Boston Condos For Sale Ford Realty
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