"With the Compass and Anywhere Real Estate's mega-merger closed months ahead of schedule, the residential industry is now in the wait-and-see phase for the ripple effects from the seismic deal and how it will impact the the Boston condo for sale market. Still, some have cited the acquisition among the reasons for their departures from Compass. On Wednesday, just before news of the deal closing broke, a New York City and Westchester agent sent an email announcing her move to Brown Harris Stevens,"
"It's reported, the companies announced that the proposed acquisition, valued at $1.6 billion, had cleared the waiting period for antitrust regulatory review and would likely close by Friday, even though the firms initially said the deal likely wouldn't be finalized until late 2026. Stockholders voted to approve the merger on Wednesday. The proposed deal stipulated that Compass CEO Robert Reffkin would lead the merged companies and that brands would continue to operate independently."
Compass and Anywhere Real Estate completed a $1.6 billion merger ahead of schedule after clearing antitrust review and winning stockholder approval. The merged entity will be led by Compass CEO Robert Reffkin while the constituent brands will continue to operate independently. Executives promoted unity publicly, sharing a graphic of all brands with the tagline "Better Together." Some agents have cited the acquisition and other corporate priorities as reasons for leaving Compass, while many independent brokerages have positioned the deal as a business opportunity that could benefit their firms. The residential market awaits the broader ripple effects of the consolidation.
Read at Boston Condos For Sale Ford Realty
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