Compass International Holdings released a financial report on Tuesday that showed the megabrokerage’s emphasis on high-producing agents helped the company outpace the market.
The report offered the first glimpse into Compass after it acquired Anywhere Real Estate on Jan. 9, and began incorporating tens of thousands more agents into its systems and technology.
The company said that even after accounting for the growth that the transaction provided overnight, its agents had accelerated productivity, leading to $22 million in profit during the first three months of the quarter compared to a $51 million loss a year earlier.
Compass CEO Robert Reffkin said in a statement that Compass’ pro-forma brokerage transactions grew 2.6 percent year-over-year in the first three months of the year. That’s compared to market transactions that grew 0.2 percent year-over-year.
Its brokerage gross transaction volume grew 7.3 percent in the quarter compared with a 1.5 percent increase in market volumes, Reffkin said.
The company’s total revenue for the quarter was $2.7 billion, which Compass said was an all-time high and up 99 percent from a year earlier.
Pro-forma metrics are presented as if the Anywhere merger closed on Jan. 1, instead of eight days later.
Compass closed 2025 with 36,990 agents. It ended March 2026 with 84,187 brokerage agents, a jump of 128 percent. Brokerage agents are those working at company-owned firms as opposed to franchises.
The company said in the report that it had a retention rate of 94 percent. Compass said it retained 97 percent of its agents after factoring out those who generated no sales volume. After excluding agents who transacted $20,000 or less in gross commission income, Compass said it retained 98 percent of its agents.
The company said that Anywhere had been working on separating from non-productive agents, an indication that it was emphasizing retaining top producers. Compass reported that there were 5,041 total agent separations in the first quarter.
On a call with investors late Tuesday, Reffkin shed light on how Compass plans to engage the broker-owners running franchises that were part of the Anywhere brands.
“Historically, our company served real estate professionals as agents with the goal of making them more profitable, serving them as entrepreneurs, helping them realize their entrepreneurial potential,” Reffkin said. “Now we have a second customer base as broker-owners, which are the franchise affiliate businesses. They have the exact same goals as the real estate agent, which is to become more profitable, to realize their entrepreneurial potential.”
“We are giving them the same advantages that helped Compass grow,” he added.
Scott Wahlers, Compass’ CFO, laid out how Compass has approached separating from non-producing agents in recent years, and how Anywhere is now following suit.
“We’ve really operated under this methodology of focusing on the strong producing agents and the underperforming agents. If they pay their fees, and they are otherwise in good standing with amounts owed to the brokerage, we’ll keep them on,” he said. “But if they’re not producing and they’re not paying bills as due, we’ll move them out of the business. Anywhere is now operating in that same capacity in recent periods of time. They’re just catching up to us a little bit.”
Compass said that it would start offering its end-to-end agent platform to Anywhere’s brokerage agents in the third quarter. The platform, called Home Platform, will be offered to Anywhere’s franchise network early next year.
The company shared some insights into cost efficiencies related to folding Anywhere Real Estate into Compass. Compass said that it had realized over $250 million in cost savings in the less than three months since becoming a single company.
