Brokerage News

Plus, 2 Minnesota firms merge; Portside Real Estate Group adds associate broker; Michael Saunders names Sanibel branch manager; eXp Romania lays out big goals.

The brokerage and portal leader announced his departure on LinkedIn, noting that he hoped “to do something as good as Redfin, in a different field.”

Plus, Compass and Elliman welcome new agents; eXp names country leader for Italy; Christie’s enters Patagonia; Coldwell Banker team expands in Florida.

On his first day as CEO of Compass International Holdings, Robert Reffkin shared a vision of agent empowerment, seller choice and tech-enabled efficiencies.

A senior DOJ antitrust official wanted a deeper review of the merger, but got shut down after Compass went over her head, according to the Wall Street Journal.

Robert Reffkin said the deal brings the “most respected brands and professionals together on a single, modern technology platform” to better serve clients.

The brokerage announced plans to raise capital for “general corporate purchases” by issuing convertible notes — debt that noteholders can cash in later.

Compass indicated that approximately 99% of its shareholders voted for the deal, which the brokerage said is now expected to close on Jan. 9.

HomeSmart’s NEXT team aims to help agents “be the star” of their business. Plus, Compass grows in Chicago; The Agency opens in Houston, adds $5B agent in SoCal.

The brokerage has joined a $3.2 million agreement involving 11 other firms, including @properties and Baird & Warner, whose cases were consolidated in October.

Real Broker, LLC, a subsidiary of Real Brokerage, was added as a defendant in the Taylor case, which has accused Zillow of RESPA violations.

The national brokerage platform model has allowed some firms to scale at an exceptional pace. Get a glimpse of how — and why — it has worked so well for Real.

An acquisition gives Compass its first South Side office. Plus, Michael Saunders & Company adds agents in SW Florida; Portside welcomes associate broker.

The pace of consolidation accelerated in 2025 as mega-mergers and regional deals helped firms gain leverage and insulation from housing market pressures.

The complaints claim Anywhere provided deficient financial disclosures in merger documents; Compass responded with new details in an effort to prevent delays.

Residential real estate is changing. Technology is evolving, new leaders are bringing new visions, and brokerages are embracing novel ways of doing business.

The outspoken Compass CEO could soon be leading the world’s largest brokerage, reshaping the market while asserting independence from portals, MLSs and NAR.

A new report suggests that Compass would control over 30% of several urban markets — surpassing federal guidelines — if its acquisition of Anywhere proceeds.

Leading firms are employing different strategies — M&As, growth-oriented platforms, agent incentives — to fortify and expand their already-dominant positions.

Plus, Corcoran affiliate adds $500M team; KW enters Bulgaria; $2B agent rejoins Elliman; The Agency opens in Tulsa, names managing partner in Scottsdale.