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Compass is buying Christie’s International Real Estate and @properties, the companies said in a statement on Monday.
If approved, the acquisition would merge the No. 1 brokerage by sales volume with the No. 8 brokerage.
The sale is pending and wouldn’t close until next year, the companies said.
“This partnership will allow us to empower strong independent brokerages and broker-owner entrepreneurs around the world who are Affiliates under Christie’s International Real Estate,” Compass CEO Robert Reffkin said in a statement. “Our companies share the same passion for empowering entrepreneurial agents. Together, we will be able to provide unparalleled resources and support to help everyone succeed and deliver exceptional client experiences.”
This post will be updated.
