The Altman Brothers, Santiago Arana, Aaron Kirman, Chris Cortazzo, Sally Forster Jones, Joyce Rey and extra are featured on this yr’s record of standout brokers from “The Hollywood Reporter.”
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The luxurious actual property market hasn’t been all clean crusing to this point in 2022.
After a stellar 2021, consumers are adjusting to a brand new panorama, which incorporates growing rates of interest, low stock, an unsure international financial system and softening costs in some areas.
These elements are all related in Los Angeles, which a few of the better of the most effective within the trade name dwelling. Regardless of these challenges, luxurious brokers within the elite market are discovering methods to succeed and supply worth for his or her purchasers. Total, they’re not too involved about closing the yr out sturdy.
“It should take a while for consumers to acclimate to the rate of interest will increase; it’s all cyclical,” Justin Paul Huchel of Hilton & Hyland informed The Hollywood Reporter for its report launched this week on the 30 high actual property brokers working in Hollywood as we speak.
The median sale worth in Beverly Hills is $3.8 million, in keeping with Redfin. One of many brokers who made The Hollywood Reporter’s high 30 brokers record stated that a lot of the market’s high brokers will seemingly usher in between $5 million to $10 million over the course of the yr.
This yr’s record of high brokers contains a number of names acquainted to Inman readers as a result of a number of are Inman contributors and due to their accomplishments within the trade. The Altman Brothers, Santiago Arana, Aaron Kirman, Chris Cortazzo, Sally Forster Jones, Joyce Rey and extra are featured on this yr’s record of standout brokers. Gross sales quantity, a number of itemizing service-listed gross sales to Hollywood purchasers and media visibility all factored into The Hollywood Reporter’s alternatives.
Brokers, equivalent to The Altman Brothers, Branden and Rayni Williams and Chris Cortazzo, have introduced in additional than $1 billion within the final yr, solidifying their top-tier standing within the trade. Many have additionally represented well-known high-net-worth purchasers like actors, skilled athletes and movie studio executives.
This record additionally proves that brokers don’t have to begin their careers off in actual property to achieve success — Rochelle Atlas Maize spent a whole profession as a wealth advisor earlier than taking on actual property as a pastime after which turning it right into a second profession. Likewise, Jonah Wilson was a tour supervisor within the music trade earlier than transitioning into actual property.
Check out the complete lineup beneath, organized in alphabetical order.