Report
Compass expands private home listings, drawing backlash from rivals
The Wall Street Journal reports Compass lets sellers market homes internally before listing them on public sites.
TLDR
The Wall Street Journal reports Compass is expanding its “private exclusives” after acquiring Anywhere Real Estate in January. Sellers can market homes on Compass’s internal site before placing them on public sites or local multiple listing services. Rivals say the practice threatens market transparency. In New York, Compass recently offered agents a $1,000 credit to remove listings from StreetEasy.
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