Compass, Inc. and Anywhere Real Estate Inc. have officially completed their all-stock merger and will now operate as Compass International Holdings (CIH), led by chairman and CEO Robert Reffkin.
In an open letter to real estate professionals, affiliate partners and employees, Reffkin described the merger as the start of an “exciting new chapter” for the industry. He framed the combined company as one “built by real estate professionals, for real estate professionals.”
Reffkin emphasized the focus on supporting agents and affiliate broker-owners with tools, technology and services to help them save time, grow their business and better serve clients. He stated that the combination is not merely a transaction but a union of respected brands and professionals working together on a single, modern technology platform, the Agent Operating System.
Each brand within the merged company is set to continue operating independently, preserving its identity while leveraging the combined platform’s capabilities. The network will feature brokerage-led sites founded on the principle of “your listing, your lead.”
Reffkin stated that real estate professionals and their sellers will continue to have the freedom to choose how their listings are marketed and sold and that Compass International Holdings will not mandate or require the use of Private Exclusives.
The new Compass International Holdings unites approximately 340,000 real estate professionals and affiliate broker-owners operating in every major U.S. city and across 120 countries and territories. Reffkin emphasized that this extensive network enhances both local expertise and global reach for agents and clients alike.
Reffkin’s letter outlines several commitments for the merged company, including:
- Preserving the distinct identities of major brands such as @properties, Better Homes and Gardens Real Estate, CENTURY 21, Christie’s International Real Estate, Coldwell Banker, Compass, Corcoran, ERA, and Sotheby’s International Realty.
- Making the unified technology platform available to company-owned brokerages and affiliates, allowing them to choose the tools that best support their businesses and clients.
- Ensuring that real estate professionals retain control of their data and client relationships, including the ability to take their client database and communications with them.
On Jan. 7, stockholders of both Compass, Inc. and Anywhere Real Estate Inc. overwhelmingly approved all proposals tied to the companies’ $1.6 billion merger.