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Compass is in “advanced talks” to acquire HomeServices of America, the real estate wing of Warren Buffett-owned conglomerate Berkshire Hathaway.
The news was reported Thursday afternoon by The Wall Street Journal. The outlet cited unnamed sources and said that a deal “could come together soon, if talks don’t hit any last-minute snags.”
The deal involves two of the nation’s top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. Compass ranked No. 1 last year with $184.5 billion across more than 177,000 home sales. HomeServices was No. 4 with $133.8 billion across nearly 236,000 sales.
The report comes just days after Rocket Companies announced an agreement to purchase Redfin in an all-stock transaction worth $1.75 billion in equity. That deal is expected to close in the second or third quarter of 2025.
Compass has been active participant in the M&A world. In December, it announced the purchase of Christie’s International Real Estate and @properties. That deal is expected to close in 2025, with Compass paying with $150 million in cash and 44 million shares of its Class A common stock.
Editor’s note: This is a developing story and will be updated.
