Compass tops list of US brokerages for fifth year in a row
The brokerage leads the Mega 1000 with over $262B in sales volume. Plus, SERHANT makes its debut on the list while LPT, Epique and other firms make big gains.
Key points:
- Anywhere Advisors came in second with $196.1 billion in sales volume. That figure reflects 2025 sales prior to the Compass-Anywhere merger closing in early 2026.
- The Real Brokerage posted a 53.7% year-over-year gain in growth, outpacing the nine other firms at the top of this year’s list.
- HomeServices of America was the only firm in the top 10 to report a slight decline, with sales volume down 0.5%.
- Big movers among smaller firms include SERHANT — which debuted on the Mega 1000 this year at No. 26 — as well as LPT, Epique and Select Group.
For the fifth consecutive year, Compass leads the Mega 1000, the ranking of top U.S. brokerages released today by T3 Sixty.
The company's growth was fueled in part by an M&A spree that continued into early 2026 when Compass finalized its acquisition of Anywhere Real Estate. With a focus on brokerage growth in 2025, data analyzed for the 2026 Mega 1000 predates that deal's closing.
Compass increased its sales volume by 13.5% in 2025, ending the year with $262.2 billion — more than $66 billion ahead of Anywhere Advisors, which placed second on the Mega 1000 with a sales volume of $196.1 billion.
Now that those two companies have united, "Compass' position is no longer just about growth, because the new No. 1 company is now larger than the third through seventh-ranked companies combined," T3 Sixty Founder and Executive Chairman Stefan Swanepoel said in a news release.
A new approach to scaling up
The consolidation trend reflected in last year's Mega 1000 continued to gain steam in 2025 as the big companies got bigger. In fact, the list of this year's top 10 brokerages — including each firm's placement on the list — is unchanged from a year earlier.
"These rankings show that scale is no longer built the same way," T3 Sixty President and CEO Jack Miller said. "Consolidation, capital and platform strategy are now central to how the largest companies grow and compete."
Real outpaces Compass in YoY growth: Though Compass nabbed the No. 1 spot by sales volume, The Real Brokerage saw the largest year-over-year jump among the top 10 firms, with its 2025 sales volume of $65.2 billion up 53.7% compared to 2024.
After reporting over $1 billion in annual revenue for the first time in 2024, Real doubled its progress in 2025 while boosting agent count by more than 30% year-over-year. And as the company's first-ever chief growth officer recently told Real Estate News, the brokerage sees "a long runway" for future growth.
Last year's newcomers hold steady: Side and Peerage Realty Partners — both of which made their first appearances on the Mega 1000's top 10 list last year — retained their spots with small gains in year-over-year growth. Side, which debuted on the top 10 with a 2024 sales volume of $24.6 billion, experienced a 4.8% increase in growth in 2025, while Peerage held onto its No. 10 spot with 1.2% growth.
Growth stumbles for HomeServices: After a small 2.1% increase in sales volume in 2024, HomeServices of America saw growth dip by 0.5% last year, bringing the company's volume to $135.9 billion. HomeServices is the only firm in this year's top 10 with a downtick in sales volume.
Anywhere, KW and REMAX top enterprise, franchise rankings
Anywhere retained its role as the largest enterprise by sales volume. However, this will change in future rankings now that Anywhere's brands are operating under the banner of Compass International Holdings.
Keller Williams Realty continued to dominate the franchise space as the top franchise brand with about $370 billion in sales volume.
REMAX Gold Nation continued to rank as the top franchisee — for a fifth consecutive year — with a 24% year-over-year boost in sales volume.
Shifts within the top 20
While the top 10 brokerages maintained their ranking positions from the previous year, there were some significant moves among the next 10 firms on the list — but no newcomers.
LPT, founded in 2022, has set ambitious growth targets — and it appears to be moving toward them. The firm moved up from No. 16 to No. 11, with sales volume growing from $13.9 billion to $23.6 billion year-over-year. Agent count also surged by nearly 50%.
The Agency, whose sales volume climbed from $13.9 billion to $17.9 billion, moved up two spots to No. 13.
Fathom edged up just one spot to No. 17, but the company saw impressive sales volume growth of nearly 20%.
HomeSmart was the only firm in this group to report a decline in sales volume, which fell about 4%, pushing its rank down from No. 12 to No. 15.
Smaller players, big movers
There were also a few standouts among the firms ranking further down the list.
SERHANT made a strong debut, entering the Mega 1000 this year at No. 26 with $7.1 billion in sales volume. Its eponymous founder, Ryan Serhant, landed on the SP 200 for the first time last year and moved up significantly in the 2026 rankings.
Epique was one of the biggest movers on this year's Mega 1000, jumping from No. 52 to No. 29 in sales volume — which increased 63% year-over-year to $7 billion. It also grew transaction sides by nearly 86% and agent count by 62%.
Select Group also made a significant leap, moving up 14 places to No. 25 with $7.8 billion in sales volume.
Baird & Warner, the largest independently owned brokerage in Chicago (and the oldest), moved up six spots to No. 31 with $6.8 billion in sales volume. It also rose from No. 35 to No. 29 in transaction sides.
Note: Real Estate News is an editorially independent division of T3 Sixty.