The Top 10 U.S. Brokerages Control $974.8B in Sales Volume

The top 10 U.S. brokerages combined account for $974.8 billion in residential sales volume in 2025. 

According to T3 Sixty’s latest Mega 1000 data, Compass alone represents $262.2 billion or 27% of the total. Add Anywhere Advisors at $196 billion and nearly half (47%) of that volume sits with just two companies. 

Here’s a closer look at the top 10 U.S. brokerages of 2025. 

The Top 10 U.S. Brokerages by 2025 Sales Volume

Here’s how the top 10 brokerages stack up based on 2025 sales volume:

1. Compass — $262.2B
2. Anywhere Advisors — $196B
3. eXp Realty — $155B
4. HomeServices of America — $135.9B
5. The Real Brokerage — $65B
6. Douglas Elliman Real Estate — $39.7B
7. Howard Hanna Real Estate — $37B
8. Redfin — $31.8B
9. Side — $25.7B
10. Peerage Realty Partners — $24.8B

Compass clears $262 billion. The Real Brokerage comes in at $65.2 billion, sitting at number five but maintaining a $20B lead over brokerage number six. 

The bottom half of the list operates in a different tier by volume.

Dig into the numbers and a few patterns stand out: 

• Sales volume is holding up across much of the list. 
• Deal counts are under pressure. 
• Agent counts are shrinking at several firms.

Higher-value deals are carrying production across several of these firms. 

Platform expansion is playing a role. And M&A action is driving scale. 

Keep this list in mind as we break down what’s driving performance at each company, starting with Compass.

What’s Driving Performance at the Top

Start with Compass, because it sets the pace for the rest of the list. 

• $262 billion in sales volume for 2025, up 13.5% year over year. 
• Transaction sides reached 245,173, up 7.2%. 
• Agent count came in at 36,990, down 0.4%. 

Production is rising even with a slightly smaller agent base, which points to higher output per agent and stronger price points across transactions.

Growth is also coming from acquisition strategy. Compass completed five brokerage deals in 2025, including @properties and Christie’s International Real Estate. 

The January 2026 acquisition of Anywhere adds another $196 billion operation into the fold and brings multiple legacy brands onto a single platform. Scale at this level changes how the company competes, especially with control over more of the transaction pipeline. 

Anywhere Advisors holds the No. 2 spot with $196 billion in sales volume, up 5.0% year over year. Transaction sides came in at 247,998, down 0.6%, while agent count dropped to 48,735, down 7.9%. Volume increased even as both sides and agent count declined, which points to rising home values doing more of the work.

eXp Realty ranks No. 3 with $155.6 billion in sales volume, up 1.9% year over year. The brokerage recorded 343,091 transaction sides, down 2.0%, with 63,410 agents, down 3.0%. It still operates one of the largest agent networks in the country, though recent performance shows slower growth compared to earlier expansion cycles.

For the rest: 

• HomeServices of America (No. 4) — $135.9 billion in volume, down 0.5%, with sides down 5.2% and agents down 7.4%. Contraction across all three metrics points to pressure on traditional, multi-brand brokerage models.
• The Real Brokerage (No. 5) — $65.2 billion in volume, up 53.7%, with sides up 45.1% and agents up 20.6%. Fastest growth in the top 10, driven by a cloud-based model scaling both headcount and production.
• Douglas Elliman (No. 6) — $39.8 billion in volume, up 9.3%, with sides down 2.0% and agents down 7.7%. Volume growth is coming from higher-priced transactions rather than deal count.
• Howard Hanna (No. 7) — $37.4 billion in volume, up 8.4%, with sides up 3.8% and agents up 0.9%. One of the few firms posting gains across all major metrics.
• Redfin (No. 8) — $31.9 billion in volume, up 8.1%, with sides up 8.8% and agents up 14.3%. Growth is tied to its integrated model following the Rocket Companies acquisition.
• Side (No. 9) — $25.8 billion in volume, up 4.8%, with sides up 2.2% and agents up 6.5%. Expansion is coming from its platform that powers independent agent brands.
• Peerage Realty Partners (No. 10) — $24.8 billion in volume, up 1.2%, with sides down 1.1% and agents down 3.6%. Volume held steady while activity and headcount declined.

The Bigger Story Behind the Rankings

Start with the patterns showing up across almost every company on this list:

• Sales volume is holding or increasing in many cases. 
• Transaction sides are flat or declining. 
• Agent counts are shrinking at several of the largest firms.

Higher home prices are doing more of the work. 

Look at the spread between volume and activity. Anywhere Advisors grew volume by 5.0% while sides slipped 0.6%. Douglas Elliman pushed volume up 9.3% with sides down 2.0%. 

Even Compass, which grew both, saw volume outpace sides with 13.5% growth versus 7.2%.

Production is concentrating into fewer hands. 

The structure of growth is changing too:

• The Real Brokerage posted 53.7% volume growth with agent count up 20.6%. 
• Redfin increased agents by 14.3% and sides by 8.8% after tying into Rocket’s ecosystem. 

Platform-driven models are scaling through recruiting and integrated services.

M&A activity is pulling everything together. Compass added five brokerages in 2025 and then acquired Anywhere in early 2026. Rocket brought Redfin into its mortgage and services platform. 

These moves are about controlling more of the transaction from first search to closing.

A quick recap of the data brings us back to the $974.8 billion in total sales for the top 10 U.S. brokerages. Compass and Anywhere alone made up 47% or nearly half of that total. 

The upshot? A smaller group of companies is controlling a larger share of the market.

The agents who win in this environment will be the ones who can produce at a higher level or plug into stronger platforms. Or both.