Compass Closes Anywhere Merger to Boost Market Share

Compass completed its merger with Anywhere Real Estate, following earlier acquisitions including @properties and Christie’s International Real Estate in 2024 and a $1.6 billion deal for Anywhere that closed in January. A Consumer Policy Center study analyzed transactions in Boston, Washington, D.C., Chicago, San Diego and Austin before and after the combined company’s major deals.

In all five cities, Compass increased market share to at least 30% with newly acquired brands. In Washington, D.C., share is estimated to have nearly doubled from 22% to almost 40%, while Boston is estimated at over 32% with the next-largest brokerage at just over 4%. The study also examines double-ended deal rates and concerns about Compass using private listings and agent referrals to increase referrals and inventory control.