New data released last week gives a clearer picture of the effect of consolidation on the real estate industry.

A trove of data that serves as a benchmark for the real estate industry was released last week, providing a clear picture of the ongoing brokerage consolidation trend.

On its own, Compass was already the largest real estate brokerage by sales volume before it acquired Anywhere Real Estate, the largest enterprise by volume (Anywhere included many franchise brands), earlier this year.

Combined, the megabrokerage Compass International Holdings is far larger than its closest competitors according to nearly every metric tracked by the industry, the data show.

The data, collected and compiled by T3 Sixty, provides a look back at the performance of brokerages and franchisors in 2025.

Inman used the publicly available data to create a tool that highlights recent changes among the biggest companies in the industry, which remains in a consolidation phase in 2026.

The tool, which can be viewed with or without the combined Compass-Anywhere brokerage, shows which companies are growing fastest, which are retracting, and provides other insights that set the stage for how titans of the industry are competing with each other.


Sales volume 

The sales volume data provides a look at the companies before the merger between Compass and Anywhere closed in January 2026. The visualization shows that the combination creates a megabrokerage that is far larger than its competitors, including franchisors.

Keller Williams’ standing as No. 2 enterprise by volume didn’t change, as the franchisor was second in sales volume behind Anywhere before the merger and now trails Compass World Holdings.

“To represent more than one-third of the top 500 brokerages is a clear signal of the strength and scale of our model,” Keller Williams CEO Chris Czarnecki said in a statement. “We’re defining how top-performing real estate businesses are built.”

Compass and Anywhere generated more combined sales volume than the next three leading enterprises — Keller Williams, REMAX and HomeServices of America — combined, the data show.

HomeServices of America lost the largest percentage of sales volume year over year, the data show, dropping nearly a quarter of its volume in 2025.

Agent gains, losses

The data further shows which enterprises are gaining versus losing agents.

LPT was the fastest-growing brokerage last year, adding 43 percent more agents than the year before. Deloitte named LPT the second-fastest-growing company in the country last year.

LPT also outpaced the Real Brokerage, whose agent count grew 20 percent last year, Compass, which added 16 percent, and Redfin, which added 14 percent.

“We are very proud of the accolades and the unprecedented growth LPT has seen of late,” CEO Michael Valdes told Inman. “In the last 18 months, we have grown from 10,000 agents and 20 states to over 22,000 agents and all 50 states plus five Canadian provinces on the LPT brand and opened 20 states and four international destinations under the Aperture brand.”

EXIT Realty and Realty Executives each lost about 17 percent of their agents in 2025, while HomeServices of America lost about 10 percent.

Email Taylor Anderson

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