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ompass has made its first major move into the global market with the acquisition of @properties and Christie's International Real Estate in a $444 million deal. This brings Compass, the 8th-largest brokerage firm by sales volume, into the company's fold.

    The acquisition is part of Compass' aggressive growth strategy, which includes adding over 4,700 agents from Latter & Blum and Parks Realty earlier this year. @properties, founded in 2000 by Michael Golden and Thad Wong, has a strong presence in Chicagoland with a global network of independent affiliates through Christie's International Real Estate.

    Compass founder Robert Reffkin emphasized the importance of preserving the unique brands and operations of both companies. "We want to make sure we get the best from each other but not necessarily change quickly," he said. Golden and Wong will continue to handle day-to-day operations, with Compass providing support through technology, marketing, and exceptional service.

    The acquisition still needs regulatory approval and is expected to close in 2025. It also includes title and mortgage businesses Proper Title and Proper Rate, as well as Suburban Jungle, a lead generation business. Reffkin expressed his enthusiasm for the partnership, stating that Compass shares @properties' commitment to empowering entrepreneurial agents and delivering exceptional client experiences.