Latest Brokerage Developments Across the U.S.
The real estate landscape is ever-evolving with significant changes in brokerage firms across the nation. From expansions to new hires, the following highlights recent noteworthy developments in the industry.
Expansion of SERHANT. Into the D.C. Metro Area
Tech-focused brokerage SERHANT., founded by renowned agent Ryan Serhant, is making waves with its expansion into the Washington, D.C. metro area, which also includes Maryland and Virginia. This strategic move aligns the firm with 35 top-performing agents who collectively generated over $500 million in sales last year.
- Leading the Expansion: Maryanne Moyers, an industry veteran with over $5 billion in career sales, will serve as the principal broker.
- Team Dynamics: Moyers will be supported by founding agents MJ Frazier, Lizzy Conroy, and Antonio Nguyen.
“Joining SERHANT. was a deliberate decision grounded in shared values: integrity, innovation, and excellence,” Moyers stated. The D.C. area, with its high demand and affluent clientele, is a key target as SERHANT. continues to grow.
Veteran Broker Kathy Murray Joins Corcoran Group
In a notable move, The Corcoran Group welcomed Kathy Murray to its East Side office. With over $1 billion in lifetime sales, Murray brings two decades of real estate experience and a reputation as one of New York City’s top brokers.
- Recognition: Murray has been awarded Elliman’s Pinnacle Award annually from 2013 to 2024.
- Recent Success: She sealed two transactions exceeding $6 million on the Upper West Side.
“Kathy is a fantastic agent, and I’m proud to have her join Corcoran,” said Pamela Liebman, the company’s President and CEO. Murray’s decision to transition was influenced by Corcoran’s strong brand and leadership in new development.
New Leadership at Douglas Elliman in Sarasota
Andrew Greenwell has taken the reins as managing broker of Douglas Elliman‘s Sarasota office. With over 20 years of experience, Greenwell previously led Venture Sotheby’s International Realty and was featured on **Million Dollar Listing San Francisco**.
- Returning Home: Greenwell calls Sarasota his hometown and aims to foster a collaborative culture within the firm.
- Impressive Background: Alongside his partner Nikki Taylor, Greenwell aims to leverage his extensive experience in various states.
“This marks a full-circle moment for me,” he noted. “The industry is ready for a fresh approach.”
Coldwell Banker Welcomes Three High-Performing Agents
Three outstanding agents are making the switch to Coldwell Banker:
- Monica Betancourt: With over 17 years at Berkshire Hathaway, Betancourt joins the Coral Gables office, known for her $50–$60 million annual sales in luxury homes.
- Brenda Souter: After a successful stint with eXp, Souter joins the Lake St. Louis/Wentzville office and aims to capitalize on Coldwell Banker’s infrastructure.
- Celine Song: Transitioning from Keller Williams to the Cupertino office, Song is recognized among the top 1.5% of agents nationally.
“I am aligning with a brokerage that empowers me to give my clients the very best,” Betancourt said, emphasizing her excitement for this new chapter.
Korman Group Joins Compass in Boca Raton
Compass is expanding its luxury market presence in South Florida with The Korman Group, led by broker Michael Korman. This team boasts over $400 million in sales since 2019.
- Market Influence: Korman has been a recognized figure in Boca Raton’s real estate scene, previously ranked #10 by individual sales volume.
- Future Plans: Korman aims to elevate luxury real estate standards in Boca Raton through this partnership.
“This move is more than a transition — it’s the start of our next and greatest chapter,” Korman declared.
More Brokerage Updates
- Century 21: The Kaysville, Utah-based Edge Real Estate is rebranding as Century 21 Edges, expanding statewide under broker-owner Tiffany Kennard’s leadership.
- The Agency: Cristi Chaquica, a leading luxury agent known for high-value sales in San Diego, has joined its local office.
- Christie’s International Real Estate: Christie’s is expanding into Mauritius via a partnership with Park Lane Properties, enhancing its global footprint in luxury markets.
These developments signal a dynamic and competitive market as brokerages look to innovate and respond to the evolving real estate landscape. For more information on these firms and the latest trends, visit their respective websites linked above.