The goal is to maximize 2 new partnerships and 4X Better's monthly mortgage originations to $2B. The raise follows bullish endorsement by activist Opendoor investor Eric Jackson
Lock in with Inman’s ongoing coverage of the Compass-Anywhere merger — from deal details to what it means for the future of real estate. And be sure to check back often for updates
In acquiring its rival, Compass would absorb a smattering of business models and a load of debt. But it might gain what its CEO has long sought, observers say: more sway over industry affairs
Opinion
CEO Mickey Alam Khan writes that with its new merger, Compass will finally achieve its goal to become the Amazon of real estate
The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it's moving to acquire its chief rival
Find out how Jill Butler's RedKey Realty Leaders scaled smarter by bringing on a boutique commercial brokerage and integrating their agents and their services
CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to 'cross pollination' of leads, agent referrals and mortgage applications
With antitrust regulators declining to weigh in, $1.75B deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month
Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor's potential conflict of interest before June 4 merger vote
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75B all-stock merger with Rocket Companies
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4B
Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is now hiring retail branch managers and loan originators
How does Compass' big acquisition of @properties | Christie's International Real Estate change the real estate landscape and the way you do business?
Home Sales Palm Beach (HSPB), a 48-agent brokerage based in Jupiter, Florida, has merged with ERA Real Estate. The group has consistently closed about $120M in annual sales
Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents