Why New Listings Are at a Record Low: Insights for Home Buyers

Why Half of Anywhere Real Estate Agents Might Leave Amid Compass Merger

Update Concerns About the Future: The Potential Impact of the Compass Acquisition The ongoing debate surrounding the potential acquisition of Anywhere Real Estate by Compass has sparked notable unease among real estate agents. According to a recent Zillow survey, approximately 53% of Anywhere agents indicated that they would either leave or consider leaving their brokerage should the acquisition proceed. This sentiment reflects significant apprehension within one of the largest real estate networks in the United States. The Numbers Tell a Story The data from the Zillow survey reveal alarming trends in agent morale. Among those surveyed, 18% affirmed they would "definitely" leave their brokerage if the merger goes through; another 35% expressed potential interest in departing. In addition, 23% of agents foresee the acquisition having a negative impact on their business overall. These statistics underscore a stark divide among agents regarding the implications of Compass's acquisition and its business practices. Private Listing Networks: A Double-Edged Sword Centrally to the dissatisfaction expressed by Anywhere agents is the role of private listing networks, which Compass employs as a marketing strategy. While some agents might find these networks advantageous for recruitment, a sizeable 70% of surveyed agents believe they harm sellers by lacking transparency. Many fear that these private listings could artificially depress selling prices and diminish buyers' access to available properties. The Call for Transparency and Fairness Perhaps the most striking result from the survey was that an overwhelming 98% of respondents advocated for openness and fairness in real estate transactions. Many cited potential repercussions from private listings, such as reduced access for lower-income buyers, reinforcement of racial segregation, and possible violations of fair housing laws. Agents express concern about the effect on community integrity and market fairness, revealing a pressing need for ethical practices within the industry. The Broader Market Context In the midst of these shifts in sentiment, agents have also become slightly less optimistic about the housing market's direction. Recent Zillow surveys indicate declining expectations for future home sales, which dropped from 54% in Q1 of 2025 to 37% in Q3. However, there remains cautious optimism about home prices, with many agents expecting steady increases. This complex landscape highlights the crucial time for potential decision-making among agents. What’s Next for Anywhere Agents? As the prospect of Compass's acquisition unfolds, other brokerage leaders are keenly watching the implications for Anywhere agents. Companies like Real Brokerage and eXp Realty see this moment as an opportunity to attract agents seeking a better match for their career interests. The changing dynamics of the real estate landscape prompt many professionals to reflect on their current brokerage affiliations. A Community Call to Action The real estate community is at a pivotal moment that requires open dialogues about transparency and fairness in home sales. It’s essential for agents, buyers, and stakeholders to engage in conversations that advocate for ethical practices that benefit everyone involved. If you're a part of this conversation, consider reaching out to your local representatives and sharing your voice on these pressing matters.