Compass Acquires Top Rival, Creating World’s Largest Brokerage
The New York Times••business
Key Points:
- Compass Inc. completed its $1.6 billion acquisition of Anywhere Real Estate, creating the world’s largest real estate brokerage valued at approximately $10 billion.
- The all-stock merger, approved by shareholders and regulators, expands Compass’s global reach by adding Anywhere’s brands such as Century 21, Sotheby’s International Realty, Coldwell Banker, and Corcoran.
- The deal, closing ahead of schedule, consolidates around 340,000 real estate professionals across major U.S. cities and about 120 countries and territories under one network.
- Despite challenges in the U.S. housing market, Compass reported a 23.6% year-over-year increase in sales revenue for Q3 2025, totaling $1
