How will the portals respond to the Compass-Anywhere deal?

How will the portals respond to the Compass-Anywhere deal?

Author: Rob Hahn and Greg Robertson October 8, 2025 Duration: 1:04:14

The Industry Relations Podcast is now available on your favorite podcast player!

This special crossover episode brings together James and Keith from Real Estate Insiders Unfiltered with Rob and Greg from Industry Relations. The group dives into Compass' planned acquisition of Anywhere, debating what it means for brokerages, portals, and the future of private listings in residential real estate.

Key Takeaways

  • Collaboration between Industry Relations and Real Estate Insiders Unfiltered.

  • Compass' acquisition of Anywhere could reshape brokerage structure—if executed successfully.

  • Breakage risk: agent retention is critical to Compass handling its debt load.

  • Debate over Anywhere's role: "king" of brokerages or not? Zillow remains the dominant power.

  • Zillow's potential responses range from lobbying to starting a brokerage/franchise.

  • Private listings could trigger an "arms race," though consumer tolerance is debated.

  • Rocket's acquisitions (Redfin, Mr. Cooper) highlight end-to-end strategies but raise adoption questions.

  • Large-scale consolidation could increase influence over associations and MLSs.

 

Links

Rob's Article on 5 Things Zillow can do

Brian Boero's agent count article

 

Connect with Rob and Greg

Rob's Website 

Greg's Website 

 

Watch us on YouTube

 

Our Sponsors:

Cotality 

Notorious VIP

The Giant Steps Job Board 

 

Production and Editing Services by Sunbound Studios

 


Industry Relations is a weekly conversation hosted by Rob Hahn, also known as The Notorious ROB, and Greg Robertson. It operates at a unique crossroads, examining where the business of real estate collides with and is reshaped by new technology. This isn't a surface-level tech review; the discussion comes from an insider's perspective, built on years of direct experience within the field. Each episode delves into the practical implications of software platforms, shifting market data, and emerging business models that are actively changing how properties are bought, sold, and managed. The hosts analyze trends, debate strategies, and often challenge conventional wisdom, providing a nuanced look at the forces driving change. Listening to this podcast offers a deeper understanding of the operational and entrepreneurial challenges faced by professionals navigating this evolving landscape. You'll hear specific case studies, evaluations of new tools, and forward-looking predictions about what's next for the industry. The tone is direct and informed, reflecting the hosts' deep background, making it essential for anyone invested in the future of real estate as a business. Tune in for thoughtful, weekly analysis that goes beyond the headlines.
Author: Language: English Episodes: 100

Industry Relations
Podcast Episodes
Zillow's win sends Compass spinning [not-audio_url] [/not-audio_url]

Duration: 1:00:29
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg go live to break down major news shaking real estate tech: a judge rules decisively in Zillow's favor against Compass…
Jack Miller on Lists, Trends, Marketplaces and CoStar. [not-audio_url] [/not-audio_url]

Duration: 1:15:35
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg are joined by Jack Miller (President & CEO of T3 Sixty) for a wide-ranging discussion on the SP 200, changes to T3's…
Can You Regulate "Public Marketing"? [not-audio_url] [/not-audio_url]

Duration: 56:10
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg open the episode by honoring Glenn Kelman's retirement from Redfin, reflecting on his leadership style, industry impa…
Compass Closes, CoStar Cuts, TAN Stirs the Pot. [not-audio_url] [/not-audio_url]

Duration: 38:05
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg dive into a packed week in real estate: the Compass–Anywhere deal officially closes, CoStar announces major spending…
What if the MLS Becomes Optional? [not-audio_url] [/not-audio_url]

Duration: 55:58
The Industry Relations Podcast is now available on your favorite podcast player! Overview In this episode, Rob and Greg dive into the implications of a future where exclusive listings become the industry norm. They explo…
Forecast 2026: Mortgage Rates, MLS Wars, and Industry Consolidations [not-audio_url] [/not-audio_url]

Duration: 1:02:27
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob Hahn and Greg Robertson close out the year with their annual predictions episode. They debate where housing transactions, inte…
2025 in the Rearview: Who Got It Right? [not-audio_url] [/not-audio_url]

Duration: 56:54
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob Hahn and Greg Robertson close out the year by revisiting their 2024 predictions and grading how they actually turned out. From…
Who Runs Bartertown? [not-audio_url] [/not-audio_url]

Duration: 59:52
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob Hahn and Greg Robertson dig into the escalating conflict between Zillow and MRED over private listing networks (PLNs), IDX rul…
How Much Transparency Is Too Much? [not-audio_url] [/not-audio_url]

Duration: 1:01:24
The Industry Relations Podcast is now available on your favorite podcast player! Overview In this episode, Rob and Greg dive into the recurring issue of embezzlement and financial mismanagement within small Realtor assoc…