New York Post
New York Post
US · 58 mins ago

Why you might only be seeing a fraction of homes for sale in Manhattan — and it’s costing sellers tens of thousands

You’re supposed to be able to find a home anywhere. But thanks to Compass’ acquisition of Anywhere Real Estate, you can only do that if you hire one of the conglomerate’s agents. The country’s largest independent real estate brokerage is using its weight — controlling 21.6% of the market nationwide, and up to 80% in major markets — to keep private listings off public databases, leaving clueless buyers out in the cold. In Manhattan, Compass controls 80% of the real estate market. Helayne Seidman for the NY Post “When a consumer sits down and uses a website like Streeteasy [in New York City], they don’t know if they’re getting all the listings,” Jonathan Miller, a housing analyst at StreetMatrix, told The Post. “And when you have the largest brokerage firm in the world putting a large amount
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