Robert Reffkin

Brokerage giant Compass has made a number of acquisitions over the last year, including its recent $1.6 billion purchase of rival Anywhere Real Estate, the parent company of major real estate brands Coldwell Banker, Corcoran and Century 21. 

This deal — an all-stock transaction with an enterprise value of $10 billion, including the assumption of debt — gives Compass the opportunity to expand its business into new markets. It also combines 340,000 real estate professionals on a global scale, while also adding over $1 billion in revenue from Anywhere’s franchise, title and escrow, and relocation services. 

“By bringing together two of the best companies in our industry, while preserving the unique independence of Anywhere’s leading brands, we now have the resources to build a place where real estate professionals can thrive for decades to come,” Robert Reffkin said of the deal, which is expected to close in the second half of 2026. 

This was not Compass’ only buy last year — it went on a spree, acquiring Christie’s International Real Estate and @properties in a $444 million deal, as well as boutique brokerage Latter & Blum for an undisclosed sum. Compass also acquired Parks Real Estate in Tennessee, which says it’s that state’s No. 1 residential real estate firm by sales.

“With the continued migration of the U.S. population moving to the South, and 16 percent of Compass transactions last year being referrals, our expansion in the Southeast allows for more connections and opportunities for our agents as our national network grows,” Reffkin said in a statement announcing the deal.

The firm also scooped up another boutique brokerage in 2024 called Cottingham Chalk.

“Their deep roots in the Charlotte community, well-established reputation for service, and collaborative culture focused on unlocking the talents of real estate agents make them an ideal fit for Compass,” Reffkin said of Cottingham Chalk.

Reffkin didn’t offer any clues as to what the firm’s next acquisition could be, but he did note that existing U.S. home sales in July and August came in between 1 and 3 percent higher than last year, and that homebuyers are looking at a market with more selection and less upward price pressure.