Warren Buffett's Real Estate Brokerage, Compass Discuss Deal: Report

Warren Buffett's real-estate brokerage business, HomeServices of America, is considering a deal with Compass.

What Happened: According to The Wall Street Journal, Compass — the biggest U.S. brokerage by volume in 2023 — offered to buy HomeServices of America for an unknown price.

HomeServices of America is owned by Buffett’s Berkshire Hathaway Inc. BRK BRK. It had about 820 brokerage offices and 270 franchisees in 2024.

It also owns Berkshire Hathaway HomeServices and Real Living.

See Also: Buffett Shares Biggest Investing Mistakes — $433M Deal That Cost Berkshire Billions And Trillion-Dollar Tech Stocks He Missed

Why It Matters: The home-buying sector is consolidating.

Earlier this week, Rocket Companies Inc. RKT announced it will acquire Redfin Corp. RDFN in a $1.75 billion deal.

Analysts anticipate the deal will increase competition between Zillow Group Inc. ZG Z and Rocket Companies, now bolstered by Redfin’s assets and capabilities. 

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