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National Association of Realtors (NAR)

National Association of Realtors (NAR)

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The $1.6 billion mega-merger reshaping American real estate

Money Moves

Settled commission lawsuit, rules changed August 2024

Compass and Anywhere Real Estate closed their $1.6 billion all-stock merger on January 9, 2026, creating Compass International Holdingsโ€”the world's largest residential real estate brokerage. The combined entity controls 340,000 agents across every major U.S. city and 120 countries, uniting premium brands like Coldwell Banker, Century 21, Sotheby's International Realty, and Compass under CEO Robert Reffkin. Antitrust review cleared despite senators warning about squeezing independent brokerages.

Updated May 20