Compass has announced a significant expansion in the Palm Beach market with the addition of the esteemed Champagne & Parisi team. This strategic move is set to enhance Compass’s luxury real estate offerings in the region.
Key Takeaways
- The 78-person Champagne & Parisi team, founded in 2011, specializes in luxury waterfront residential properties.
- The team has a proven track record, closing $582.1 million between 2021 and 2022 and billions over nearly 15 years.
- This acquisition strengthens Compass’s position in the Palm Beach market.
A Powerful New Alliance
The Champagne & Parisi team, established in 2011 by Claude Champagne and Caesar Parisi, is now operating out of Compass’s Boca Raton office. This team of 78 professionals brings a wealth of experience and a strong focus on the luxury waterfront residential property sector.
Impressive Track Record
With nearly 15 years in the industry, the Champagne & Parisi team has achieved remarkable success. Their recent performance includes closing $582.1 million in sales between 2021 and 2022, underscoring their expertise and market dominance. This extensive experience positions them as a valuable asset to Compass.
Strategic Growth for Compass
Jeff Polashuk, Compass Florida regional Vice President, expressed enthusiasm about the integration. He highlighted that the addition of the Champagne & Parisi team represents a crucial expansion for Compass in the Palm Beach market. Polashuk emphasized that the team’s integrity, deep market knowledge, and innovative sales and marketing strategies will significantly benefit Compass’s network. This collaboration is expected to build upon the team’s established market foundation, driving even greater achievements.
Future Outlook
The integration of the Champagne & Parisi team into Compass signifies a commitment to strengthening the brokerage’s presence in high-value markets. Their specialized expertise in luxury waterfront properties is anticipated to attract more discerning clients and further elevate Compass’s standing in South Florida’s competitive real estate landscape.
