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Columbia Business School Professor Tomasz Piskorski spoke with Curbed reporter Kim Velsey about the Compass–Anywhere merger and what it could mean for the residential brokerage industry. Piskorski explained that consolidation at this scale may reshape competitive dynamics by increasing bargaining power, altering commission structures, and accelerating platform-driven efficiencies. He noted that while large brokerages could benefit from scale and technology integration, the long-term effects on agents and consumers will depend on how competition and service quality evolve in a more concentrated market.
