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loomberg reports that Anywhere Real Estate has proposed a merger deal with Douglas Elliman, offering $4 per share. This move suggests real estate companies are seeking mergers and acquisitions as the summer months approach. According to anonymous sources, Anywhere's offer is unlikely to be accepted at this price.

    Douglas Elliman, the sixth-largest brokerage by sales volume, generated over $36 billion in volume last year. In contrast, Anywhere Real Estate, the largest real estate enterprise, achieved $535 billion in sales across its owned and franchise brands in 2024. On Friday, Elliman's stock rose to $2.89 a share, while Anywhere's stock increased to $3.36.

    Anywhere has expressed a focus on growth, with leaders stating that the company is ready to expand through consolidation or acquisitions. However, Douglas Elliman has been dealing with challenges in recent times, including allegations against two star agents and leadership shakeups.

    A merger between Anywhere and Elliman would be part of a busy period for major brokerage acquisitions. In March, Rocket Companies acquired Redfin for $1.75 billion, while Compass purchased Chicago-based @properties and Christie's International Real Estate for $444 million in December.