Finance September 24, 2025

Expert speaks on Compass-Anywhere market share, consolidation

Jonathan Delozier

Compass’s acquisition of Anywhere Real Estate creates a national brokerage powerhouse — but industry veteran Steve Murray says the deal’s biggest effects will be in scale, services and back-office consolidation. Murray — senior advisor for HousingWire and founder of RealTrends and RTC Consulting —estimates the combined Compass-Anywhere operation will handle roughly a million transaction sides annually. “It seems to me that with transaction sides, Compass and Anywhere Advisors, the brokerage-owned companies, were doing about a half a million transactions,” he said. “I looked at the second quarter report for Anywhere, and annualized their franchises in the U.S. “That may add another half a million transactions in the U.S. I’m being generous. So, the way I look at it is the combination of these two companies, they’ll do a million, maybe 1.1 million transaction sides.” Murray places transaction-side market share for the combined company in the low- to mid- teens — about 13% to 15% of U.S. existing-home transaction sides, based on RealTrends Verified ranking data and public earnings reports. ’’”’’’’’’

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