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Compass Buys Century 21 & Coldwell Banker | $1.6B Real Estate Shakeup

Compass just acquired Anywhere Real Estate for $1.6B. That brings in Century 21, Coldwell Banker, Corcoran, and Sotheby’s.

The new giant now has 340,000 agents and is worth around $10B.

Irony alert: years ago Compass tried to poach these same agents with $300K+ incentives. Many said no. Now Compass owns the brands.

And with Zillow already restricting Compass listings, the fight over control just got bigger.

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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #RealEstate #HousingMarket #MortgageTips #Compass