Industry data

Brokerage Consolidation Tracker: October 2026

Last updated . All data pieces · Methodology

Compass closed its all-stock merger with Anywhere Real Estate on January 9, 2026. Real Brokerage closed its acquisition of RE/MAX Holdings on August 24, 2026, and the combined company is now Real REMAX Group. eXp World Holdings, now AGNT, Inc., bought the NextHome franchise system in May. Fathom Holdings signed a merger agreement in June and ended it by mutual consent on October 5. The tables below list each deal we could document, with its announced date, its closing date or current status, any value the companies stated, and a link to the filing or release.

This tracker covers deals among U.S. residential brokerages and real estate franchisors that were announced, closed or terminated between January 1 and October 30, 2026. For public companies we read the Form 8-K and Form 10-Q filings on SEC EDGAR for Compass, Anywhere Real Estate, RE/MAX Holdings, AGNT (formerly eXp World Holdings), The Real Brokerage, Douglas Elliman and Fathom Holdings. For private firms we included a deal only if the buyer or seller posted its own release that describes an acquisition or merger. Agent and team moves, affiliations, and "partnerships" with no acquisition or merger terms are left out, as are purchases of technology, coaching or agency businesses. Deal values appear only where a filing or release states one, and each is labeled with the measure the company used. Agent and office counts are company-reported. Private-company coverage is a sample of deals with official releases, not a complete count. Dates are as of October 30, 2026.

Brokerage and Franchisor Deals: January to October 2026

Six deals involve public brokerage companies, national franchisors or brokerages that operate in several states. Two have filings that confirm a closing date, and Compass's second-quarter 10-Q confirms the April stake without giving a day. AGNT's purchase of NextHome was announced as already completed.

The Residential Brokerage and Franchisor Deals — 2026
AcquirerTargetDeal typeAnnouncedClosed or statusStated deal valuePrimary source
Compass, Inc.Anywhere Real Estate Inc.All-stock mergerSept. 22, 2025Closed Jan. 9, 2026No single deal value stated; 1.436 Compass Class A shares per Anywhere share. Release said the combined company was expected to have an enterprise value of about $10 billion, including assumed debtCompass 8-K, Jan. 9, 2026
Compass, Inc.Holding company ("Parent") that owns certain Sotheby's International Realty and Century 21 franchisees51% common equity stake in a debt restructuringApr. 15, 2026 (8-K filed Apr. 17)Completed in Q2 2026, per Form 10-Q (day not stated)Not disclosedCompass 8-K, Apr. 17, 2026
The Real Brokerage Inc.RE/MAX Holdings, Inc.Cash-and-stock acquisition under a new holding company, Real REMAX GroupApr. 27, 2026 (agreement dated Apr. 26)Closed Aug. 24, 2026Implied enterprise value for RE/MAX Holdings of about $880 million; $13.80 per RE/MAX share based on Real's Apr. 24, 2026 closeRE/MAX Holdings 8-K, Aug. 24, 2026
eXp World Holdings, Inc. (now AGNT, Inc.)NextHome, Inc.Acquisition of a franchisorMay 7, 2026Completed as of May 7, 2026 announcementNot disclosed; AGNT's Q2 2026 results release says it completed the acquisition with cash on handeXp 8-K Exhibit 99.1, May 7, 2026
Keller Williams Realty, LLCJason Mitchell GroupAcquisition agreementJuly 13, 2026Not confirmed in an official release as of Oct. 30, 2026; release said closing was anticipated in Q3 2026Not disclosedKeller Williams release, July 13, 2026

Source: SEC EDGAR Forms 8-K and 10-Q filed by Compass, Inc., RE/MAX Holdings, Inc. and eXp World Holdings, Inc. (now AGNT, Inc.); company press releases from Compass, Real and RE/MAX Holdings (joint), eXp World Holdings, and Keller Williams Realty. Values are as each company stated them: Compass gave an expected enterprise value for the combined company, not a price for Anywhere, and Real gave an implied enterprise value for RE/MAX Holdings. Read October 30, 2026.

A few terms matter when reading the table. In the April transaction, Compass agreed to become a 51% holder of the holding company's common equity and set up a 30-month installment plan to collect debt owed to it. It also signed a put agreement that lets funds managed by Angelo, Gordon & Co. require Compass to buy all of the holding company's senior preferred equity. The 8-K names only Sotheby's International Realty franchisees, while the Q2 10-Q names both Sotheby's International Realty and Century 21. In the RE/MAX deal, holders could choose 5.15 Real REMAX Group shares or $13.80 in cash for each share, with total cash between $60 million and $80 million. The parties amended the agreement on June 12, 2026.

Regional Brokerage Acquisitions With Official Releases: 2026

These three deals are smaller and regional. Each buyer posted its own release using the word acquisition. We found them while searching for the larger deals, and many deals of this size never get a release, so this table is a sample.

The Regional Brokerage Acquisitions — 2026
AcquirerTargetAnnouncedClosed or statusSize stated by companyStated deal valuePrimary source
Realty ONE Group Revolution (Charlotte, NC)Realty ONE Group Select (Mooresville, NC)Mar. 16, 2026Effective Feb. 1, 2026Combined firm over 180 agentsNot disclosedRealty ONE Group Revolution release via PR.com, Mar. 16, 2026
Lamacchia RealtyWeichert Realtors – Briotti Group (Waterbury and Wolcott, CT)Apr. 1, 2026Completed as of Apr. 1, 2026 release (date not stated)24 agents plus the broker; two officesNot disclosedLamacchia Realty release, Apr. 1, 2026
Coldwell Banker Real Estate GroupColdwell Banker Brown Realtors (Southwestern Illinois)July 8, 2026Closing date not stated in releaseSeven offices; 170 agents (also described as 170 agents and employees)Not disclosedColdwell Banker Real Estate Group release, July 8, 2026

Source: Company press releases from Realty ONE Group Revolution (distributed through PR.com), Lamacchia Realty and Coldwell Banker Real Estate Group. Agent and office counts are company-reported. Read October 30, 2026.

Lamacchia's release says the Briotti Group deal was its thirteenth acquisition in New England in two and a half years. Coldwell Banker Real Estate Group's release describes Coldwell Banker Brown Realtors as having seven offices and 170 agents in its opening paragraph. A fact box on the same page lists "170 agents and employees."

Announced and Terminated Deals: 2026

One brokerage deal was signed and then ended during the period. The buyer was a retailer, not a brokerage, so the deal sits in its own table.

The Announced and Terminated Brokerage Deals — 2026
PartiesDeal typeAnnouncedStatusStated deal valuePrimary source
Fathom Holdings Inc. and Bed Bath & Beyond, Inc. (now Neighborhood Intelligence, Inc.)All-stock merger; Fathom to become a wholly owned subsidiaryJune 17, 2026 (agreement dated June 16)Terminated by mutual agreement Oct. 5, 2026; no termination fee owed by either partyImplied equity value of about $53.38 million for FathomFathom 8-K, Oct. 5, 2026

Source: Fathom Holdings Inc. Forms 8-K filed June 17, September 25 and October 5, 2026, and Fathom's June 17, 2026 press release; Neighborhood Intelligence, Inc. Form 8-K on the termination. Read October 30, 2026.

The June agreement set an exchange ratio of 0.2236 Bed Bath & Beyond shares for each Fathom share. On September 24, 2026, the two companies agreed to look at another structure for the deal, then signed a termination agreement on October 5.

Deal Timeline: January 1 to October 30, 2026

This timeline puts every dated event from the three tables above in order. Signing dates that differ from announcement dates are noted.

The Brokerage Deal Timeline — 2026
DateEventSource
Jan. 9Compass completes its merger with Anywhere Real EstateCompass 8-K
Feb. 1Realty ONE Group Revolution's acquisition of Realty ONE Group Select takes effectRealty ONE Group Revolution release
Mar. 16Realty ONE Group Revolution announces the Select acquisitionRealty ONE Group Revolution release
Apr. 1Lamacchia Realty announces its acquisition of the Briotti GroupLamacchia Realty release
Apr. 15Compass enters the multi-party transaction for a 51% stake in a franchisee holding company (8-K filed Apr. 17)Compass 8-K
Apr. 27Real and RE/MAX Holdings announce their agreement, signed Apr. 26Joint release; RE/MAX Holdings 8-K
May 7eXp World Holdings announces it has acquired NextHome; shares trade as AGNT from May 8eXp 8-K Exhibit 99.1
June 12Real and RE/MAX Holdings amend the merger agreementRE/MAX Holdings 8-K, Aug. 24
June 17Fathom and Bed Bath & Beyond announce a merger agreement, signed June 16Fathom 8-K and release
July 8Coldwell Banker Real Estate Group announces its acquisition of Coldwell Banker Brown RealtorsCompany release
July 13Keller Williams announces its agreement to acquire Jason Mitchell GroupKeller Williams release
Aug. 24Real completes its acquisition of RE/MAX Holdings; combined company is Real REMAX GroupRE/MAX Holdings 8-K
Sept. 24Fathom and Neighborhood Intelligence agree to look at another deal structureFathom 8-K
Oct. 5Fathom and Neighborhood Intelligence terminate the merger agreementFathom 8-K; Neighborhood Intelligence 8-K

Source: The filings and releases cited in the three tables above. Compass and Anywhere Real Estate announced their merger agreement on September 22, 2025, so that announcement falls before this timeline begins. Read October 30, 2026.

For agent counts and other size measures at the companies in these deals, see our largest real estate companies by category data. Our average real estate commission by state report also cites the Compass closing filing.

What the 2026 Record Shows

Two deals with SEC filings, Compass and Anywhere and Real and RE/MAX Holdings, account for the closings with confirmed dates. AGNT's NextHome purchase was announced as completed on the day it was made public. The Keller Williams deal has an official announcement but no official closing date, and the regional deals rarely state one. We will update the status and closed columns when new filings or releases appear.

Sources

  1. Compass, Inc. Form 8-K, merger agreement with Anywhere Real Estate Inc. Filed September 22, 2025. https://www.sec.gov/Archives/edgar/data/1563190/000119312525209977/d937868d8k.htm
  2. Compass, Inc. and Anywhere Real Estate Inc. Press release, "Compass Announces Combination with Anywhere Real Estate in All-Stock Transaction" (Exhibit 99.1). September 22, 2025. https://www.sec.gov/Archives/edgar/data/1563190/000119312525209977/d937868dex991.htm
  3. Compass, Inc. Form 8-K, completion of the Anywhere merger (Item 2.01). January 9, 2026. https://www.sec.gov/Archives/edgar/data/1563190/000156319026000019/comp-20260109.htm
  4. Compass, Inc. Form 8-K, Item 1.01 (multi-party transaction and Put Agreement dated April 15, 2026). Filed April 17, 2026. https://www.sec.gov/Archives/edgar/data/1563190/000156319026000089/comp-20260415.htm
  5. Compass, Inc. Form 10-Q for the quarter ended June 30, 2026 (equity method investments and Put Right liability). Filed August 6, 2026. https://www.sec.gov/Archives/edgar/data/1563190/000156319026000143/comp-20260630.htm
  6. RE/MAX Holdings, Inc. Form 8-K, Arrangement Agreement and Plan of Merger. Filed April 28, 2026. https://www.sec.gov/Archives/edgar/data/1581091/000110465926049628/tm2612789d1_8k.htm
  7. The Real Brokerage Inc. and RE/MAX Holdings, Inc. Joint press release, "Real to Acquire REMAX, Creating a Leading Technology-Enabled Global Real Estate Platform" (Exhibit 99.1). April 27, 2026. https://www.sec.gov/Archives/edgar/data/1581091/000110465926049039/tm2612789d2_ex99-1.htm
  8. RE/MAX Holdings, Inc. Form 8-K, completion of the merger. August 24, 2026. https://www.sec.gov/Archives/edgar/data/1581091/000110465926100331/tm2623567d10_8k.htm
  9. eXp World Holdings, Inc. Form 8-K and Exhibit 99.1, "eXp World Holdings to Begin Trading as AGNT, Acquires NextHome to Launch Unified Platform for Franchise and Cloud Brokerage." May 7, 2026. https://www.sec.gov/Archives/edgar/data/1495932/000110465926056879/expi-20260507xex99d1.htm
  10. AGNT, Inc. Form 8-K with second-quarter 2026 results release. August 4, 2026. https://www.sec.gov/Archives/edgar/data/1495932/000110465926090334/agnt-20260804x8k.htm
  11. Keller Williams Realty, LLC. "Industry-Leading JMG Joins Keller Williams." July 13, 2026. https://kwri.kw.com/press/industry-leading-jmg-joins-keller-williams
  12. Realty ONE Group Revolution. "Realty ONE Group Revolution Announces Strategic Acquisition of Realty ONE Group Select, Creating a Top 10 Regional Real Estate Powerhouse." PR.com, March 16, 2026. https://www.pr.com/press-release/960035
  13. Lamacchia Realty. "Lamacchia Expands its Connecticut Footprint by Acquiring the Briotti Group." April 1, 2026. https://www.lamacchiarealty.com/briotti-group-joins-lamacchia/
  14. Coldwell Banker Real Estate Group. "Coldwell Banker Real Estate Group Acquires Coldwell Banker Brown Realtors, Expanding Presence in Southwestern Illinois." July 8, 2026. https://www.coldwellhomes.com/cb-brown-announcement
  15. Fathom Holdings Inc. Form 8-K, merger agreement with Bed Bath & Beyond, Inc. Filed June 17, 2026. https://www.sec.gov/Archives/edgar/data/1753162/000162828026043724/fthm-20260616.htm
  16. Fathom Holdings Inc. Form 8-K, Item 8.01 (alternative transaction structure). Filed September 25, 2026. https://www.sec.gov/Archives/edgar/data/1753162/000162828026063504/fthm-20260924.htm
  17. Fathom Holdings Inc. Form 8-K, termination agreement. Filed October 5, 2026. https://www.sec.gov/Archives/edgar/data/1753162/000143774926032044/fthm20261005_8k.htm
  18. Neighborhood Intelligence, Inc. Form 8-K, termination of the Fathom merger agreement. Filed October 5, 2026. https://www.sec.gov/Archives/edgar/data/1130713/000114036126038532/ef20083268_8k.htm

Figures are shown as published by the sources named under each table. How we source and correct: editorial and corrections policy. Spotted an error? Contact us.

Release dates for these sources: Data release calendar.