T
he Compass-Berkshire Hathaway HomeServices deal rumors have been circulating, but no agreement has materialized. If a deal happens in 2025, it would cement Compass's position as the largest brokerage by sales volume, following its meteoric rise.

    Compass's success highlights how newer brokerages are gaining market share at the expense of legacy brands struggling to adapt to tech-enabled companies like Compass and innovative models employed by eXp Realty and LPT Realty. Data from RealTrends Verified shows that eXp (274.4%), Fathom Realty (194%), and Compass (188.9%) led growth in market share by sides between 2020 and 2024.

    Legacy players, however, still hold the majority of market share. Keller Williams has managed to maintain its position, growing its market share by 29.9% since 2015 and holding the highest market share at 8.6%. Newer companies like LTP Realty and SERHANT are experiencing rapid growth, with LTP's sides increasing by 175.2% between 2023 and 2024 and SERHANT's growing by 135.7%.

    Despite their growth, these newcomers still have a long way to go before catching up to legacy firms like eXp and Compass. Keller Williams executed over 807,000 sides in 2024, while Anywhere and RE/MAX also surpassed six figures. LTP Realty and SERHANT's numbers, on the other hand, were significantly lower at 36,369 and 2,821, respectively.