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Tag: Compass International Holdings

  • Neda Navab named president of Compass – Houston Agent Magazine

    Neda Navab is now president of Compass Real Estate, Chairman and CEO Robert Reffkin announced in a Feb. 9 LinkedIn post.

    “In this role, Neda will focus exclusively on leading and supporting our Compass real estate professionals nationwide, and helping them achieve their full entrepreneurial potential,” Reffkin wrote. “Please join me in congratulating Neda as she leads Compass into this next chapter.”

    Previously, Navab and Rory Golod were presidents of brokerage operations for the company’s east and west regions, respectively. The change comes as Reffkin takes the role of chairman and CEO of the newly formed Compass International Holdings, created with the finalization of the Anywhere merger. That leaves Navab at the helm of the company’s nationwide residential brokerage.

    Reffkin noted in a press release that he and Navab will continue to work together closely, with her presidency focused on “helping Compass agents thrive.”

    A graduate of Harvard Business School and former Google staff member, Navab has been with Compass since 2018 when she was hired as Reffkin’s chief of staff.

    “Compass real estate professionals are among the most talented and dedicated agents in the industry, and it has been the privilege of my career to build alongside them,” Navab said in a press release. “I have spent years listening to what they want and need from their brokerage, and my commitment to delivering on that has never been stronger.”

    Navab recently ranked No. 60 on the Swanepoel Power 200 and was named to HousingWire’s Women of Influence list for 2025.

    “As president, I will work tirelessly to protect what makes Compass special while continuing to elevate the experience for our real estate professionals and their clients,” Navab added.

    Emily Marek

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  • Judge denies Compass request for ‘Zillow ban’ injunction – Houston Agent Magazine

    United States District Judge Jeannette Vargas denied Compass’ motion for a preliminary injunction in its federal antitrust lawsuit against Zillow on Feb. 6.

    “Given that consumers use multiple online home search platforms simultaneously at little or no cost, Zillow’s brand recognition and related network effect do not appear to have deterred prospective home buyers from cross-shopping amongst competitors or new entrants,” Vargas wrote in her opinion.

    She elaborated that even if Zillow possessed a 50% share or more of the market, Compass had not provided enough evidence of a monopoly to warrant a preliminary injunction. Such a court order would have prevented Zillow from enforcing its private-listing ban, which was introduced last May.

    A spokesperson from Zillow provided this statement:

    Today’s ruling is a clear victory not just for Zillow, but for consumers, agents, brokerages and the real estate industry at large. Zillow believes everyone deserves equal access to the same real estate information at the same time. Compass does the opposite — hiding listings away in its private vault, harming consumers and small businesses to benefit itself.

    Compass filed this baseless lawsuit in an attempt to force Zillow to participate in that exclusionary scheme — but today, the United States District Court for the Southern District of New York rejected their effort to reduce transparency for consumers, ruling that Compass failed to show a likelihood of success on the merits. At a time when Americans are struggling to afford a home amid a major housing shortage, hiding listings in private networks only deepens the crisis. While Compass keeps consumers in the dark, Zillow turns on the lights to help people get home.

    Compass filed its initial suit against Zillow in June, alleging the listing giant’s policies violate antitrust laws. An upcoming trial will decide the merit of Compass’ claim.

    Robert Reffkin, chairman and CEO of Compass International Holdings, maintained that Vargas’ ruling is not a loss for the behemoth brokerage, which recently finalized its acquisition of Anywhere Real Estate Inc. in January.

    “Our lawsuit continues forward,” Reffkin told Agent Publishing. “With agents being our clients, we have an obligation to protect our agents from Zillow, which explicitly stated they are trying to ‘punish the agent.’”

    Reffkin’s allegation refers to an internal Zillow strategy document that referenced a “punishment list” of agents who don’t comply with Zillow’s listing policies.

    That list would presumably be full of Compass agents, seeing as the brokerage’s “private exclusive” listing model delays listing on the broader MLS in favor of its own off-market listing network.

    Zillow did not immediately respond to a request for comment regarding the assertion that it will take any retribution against noncompliant agents.

    However, Compass reiterated in a statement that the lawsuit “has nothing to do with private exclusives” but with Zillow’s insistence that publicly marketing listings must be publicly available on all listing services — including, of course, Zillow.

    Emily Marek

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  • Anywhere CEO Ryan Schneider departs as part of Compass merger – Houston Agent Magazine

    Ryan Schneider, former CEO of Anywhere Real Estate, has left the company following its acquisition by Compass, a representative from Anywhere confirmed. 

    “In accordance with the terms of the merger agreement, Ryan exited the company upon closing last month,” said Dan Ivers, senior director, business communications at Anywhere. 

    Schneider departed as part of Compass and Anywhere’s all-stock merger, which closed on Jan. 9, forming Compass International Holdings. The transaction followed stockholder approval on Jan. 7 when shareholders of both companies voted in favor of the merger at special meetings. 

    Compass International Holdings is led by chairman and CEO Robert Reffkin, who said in a Jan. 9 open letter that the combination marks the beginning of an “exciting new chapter” for the industry. Reffkin described the merged company as one built by and for real estate professionals, with a focus on supporting agents and affiliate broker-owners through technology, tools and services designed to help them grow their businesses. 

    Under the terms of the merger, each brand within the combined organization will continue to operate independently while leveraging a shared technology platform known as the Agent Operating System. 

     

     

    Jacqui Mueller

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  • Compass, Anywhere complete $1.6B merger to form Compass International Holdings – Houston Agent Magazine

    Compass, Inc. and Anywhere Real Estate Inc. have officially completed their all-stock merger and will now operate as Compass International Holdings (CIH), led by chairman and CEO Robert Reffkin. 

    In an open letter to real estate professionals, affiliate partners and employees, Reffkin described the merger as the start of an “exciting new chapter” for the industry. He framed the combined company as one “built by real estate professionals, for real estate professionals.” 

    Reffkin emphasized the focus on supporting agents and affiliate broker-owners with tools, technology and services to help them save time, grow their business and better serve clients. He stated that the combination is not merely a transaction but a union of respected brands and professionals working together on a single, modern technology platform, the Agent Operating System. 

    Each brand within the merged company is set to continue operating independently, preserving its identity while leveraging the combined platform’s capabilities. The network will feature brokerage-led sites founded on the principle of “your listing, your lead.” 

    Reffkin stated that real estate professionals and their sellers will continue to have the freedom to choose how their listings are marketed and sold and that Compass International Holdings will not mandate or require the use of Private Exclusives. 

    The new Compass International Holdings unites approximately 340,000 real estate professionals and affiliate broker-owners operating in every major U.S. city and across 120 countries and territories. Reffkin emphasized that this extensive network enhances both local expertise and global reach for agents and clients alike. 

    Reffkin’s letter outlines several commitments for the merged company, including: 

    • Preserving the distinct identities of major brands such as @properties, Better Homes and Gardens Real Estate, CENTURY 21, Christie’s International Real Estate, Coldwell Banker, Compass, Corcoran, ERA, and Sotheby’s International Realty.  
    • Making the unified technology platform available to company-owned brokerages and affiliates, allowing them to choose the tools that best support their businesses and clients.  
    • Ensuring that real estate professionals retain control of their data and client relationships, including the ability to take their client database and communications with them. 

    On Jan. 7, stockholders of both Compass, Inc. and Anywhere Real Estate Inc. overwhelmingly approved all proposals tied to the companies’ $1.6 billion merger. 

    Jacqui Mueller

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