New York-based Compass Inc. — already the largest residential real estate brokerage in the U.S. by sales volume — has agreed to acquire Christie’s International Real Estate and its @properties brand for $444 million.Compass (NYSE: COMP) said on Dec. 2 the purchase price will consist of $150 million in cash and $294 million in Compass common stock. The deal is expected to close in 2025, pending regulatory approvals.Compass will not be merging Christie’s International Real Estate’s brands or agents under its umbrella, added Sean Zimmerman, President of Arizona Compass.In 2023, Compass made its Arizona debut when it acquired Launch Real Estate. In September of this year, North & Co. joined Compass. The combined operation of Launch and North & Co.’s more than 450 producing agents generates nearly $4 billion in luxury real estate sales a year, making it among the top sellers of high-end homes in one of the country’s hottest markets.While Christie’s International Real Estate has a network of more than 100 independently owned domestic and international affiliates across 50 cou …
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