Compass International Holdings, a company formed through the acquisition of Anywhere Real Estate, has announced a groundbreaking three-year partnership with Redfin. This partnership will allow Compass’ off-MLS listings, including “Coming Soon” and “Private Exclusive” listings, to be syndicated on the Redfin platform. This move comes on the heels of Compass’ recent acquisition of Anywhere Real Estate, solidifying its position in the real estate market.
The partnership between Compass and Redfin has the potential to bring an additional 500,000 listings to Redfin, showcasing the exclusive inventory of Compass and its subsidiaries such as Corcoran, Century 21, Coldwell Banker, Sotheby’s International Realty, and @properties. This collaboration aims to provide a seamless experience for both buyers and sellers, allowing them to connect directly without the interference of days on the market or price drop history.
Robert Reffkin, CEO of Compass, emphasized the importance of preserving the value of listings by removing elements that could potentially harm their perceived worth. He stated that listing agents should have direct access to interested buyers, while sellers should have the freedom to choose how their homes are listed without misleading insights.
In addition to the syndication of listings, leads generated through Redfin will be directed to Compass agents. Furthermore, Rocket Mortgage will offer preferred pricing to Compass customers, with its products integrated into Compass’ platform for a streamlined experience.
This partnership between Compass and Redfin comes shortly after the departure of longtime Redfin CEO Glenn Kelman, who stepped down following Rocket Companies’ acquisition of Redfin. Despite the legal battles between Compass and Redfin in the past, this collaboration signifies a new chapter in their relationship and a step towards mutual growth and success.
On the financial front, Compass reported a net loss of $42.6 million for the quarter, in line with the previous year’s figures. However, the company’s revenue saw a significant increase of 23% annually, outpacing the broader U.S. housing market. With adjusted EBITDA of $58.3 million and free cash flow of $42.2 million, Compass is on track for continued growth and success in the real estate industry.
Looking ahead, Compass projects revenues of $2.55 billion to $2.75 billion for the first quarter of 2026, with additional expenses related to the acquisition of Anywhere. This partnership with Redfin marks a significant milestone for Compass, signaling its commitment to innovation and strategic partnerships in the ever-evolving real estate landscape.
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