Robert Reffkin, Chairman and CEO of Compass, has once again been recognized as the most powerful individual in the real estate industry. This marks the second year in a row that Reffkin has secured the top spot on the prestigious Swanepoel Power 200 (SP 200) list, compiled annually by T3 Sixty. The ranking highlights Reffkin’s significant influence and strategic leadership within the sector.
Key Takeaways
- Robert Reffkin of Compass maintains his position as the No. 1 most powerful person in real estate.
- Compass’s strategic acquisitions and improved profitability in 2025 were cited as key factors.
- Jeremy Wacksman of Zillow Group and Varun Krishna of Rocket Companies round out the top three.
Reffkin’s Continued Dominance
The SP 200 report specifically pointed to Compass’s strategic acquisitions of Anywhere Real Estate and @properties Christie’s International Real Estate as significant indicators of Reffkin’s impactful leadership. Furthermore, the company’s notable improvement in profitability throughout 2025 solidified his standing. Reffkin’s consistent performance at the pinnacle of the SP 200 list underscores his sustained influence and strategic vision.
Top Contenders in the Real Estate Arena
Following Reffkin, Jeremy Wacksman, CEO of Zillow Group, secured the second position. Zillow Group’s profitable year and Wacksman’s ongoing strategic maneuvers, including a notable competition with Compass over exclusive listings, contributed to his high ranking. Varun Krishna, CEO of Rocket Companies, claimed the third spot, largely due to his leadership in the group’s acquisition of Redfin in July.
The top ten most powerful individuals in real estate for this year include:
- Robert Reffkin, Chairman and CEO, Compass
- Jeremy Wacksman, CEO, Zillow Group
- Varun Krishna, CEO, Rocket Companies
- Glenn Sanford, Founder and CEO, eXp World Holdings
- Ryan Schneider, President and CEO, Anywhere Real Estate
- Andy Florance, Founder and CEO, CoStar Group
- Chris Kelly, President and CEO, HomeServices of America
- Howard “Hoby” Hanna IV, CEO, Hanna Holdings
- Nykia Wright, CEO, National Association of REALTORS®
- Leo Pareja, CEO, eXp Realty
This annual ranking serves as a crucial barometer for influence and impact within the dynamic real estate landscape, reflecting the strategic decisions and market performance of key industry leaders.
