Compass, Anywhere deal will consolidate Miami market dominance
Compass’ plan to acquire Anywhere Real Estate for $1.6 billion would further consolidate the brokerages’ dominance in South Florida, where brands carry significant weight. Compass, already a Goliath in residential real estate, will have more than 340,000 agents under its banner, representing about 20 percent of all Realtors in the country, if the acquisition is completed in the second half of next year. Still, Compass won’t control the majority of the market nationwide. Yet, an analysis by The Real Deal shows the deal would cement the new Compass-owned company’s position as the top brokerage in Miami-Dade County. Combined, Compass and […]This article originally appeared on The Real Deal. Click here to read the full story.
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