November included the release of The Agency’s new Netflix series, Buying Beverly Hills, and with it, sparked a fandom for the culture, real estate acumen and drama at The Agency. As the show climbed into Netflix’s top 10 shortly after its debut, agents in real time across the globe continued to land impressive sales and shared insights on the current market shifts. Despite the pandemic boom being behind us, The Agency continues to expand into new markets, attract top talent and prove why now is the time for trusted real estate advisors to pinpoint smart opportunities for buyers and sellers. Check out some of our top headlines this month:
Following the debut of The Agency’s Netflix show Buying Beverly Hills, South China Morning Post reviews the show with high remarks, deeming it a “wholesome series” about a family of real estate agents and jaw-dropping real estate porn. CEO and Founder Mauricio Umansky and Founder/Agent Farrah Brittany share their insights about the creation of the show.
As reported by Financial Times, U.S. buyers seek to snap up real estate in the UK amid the weakened state of the British pound. London-based agent Gideon Lang Laddie shares how The Agency team in the UK is marketing to U.S.-based buyers.
Ricardo Beer, VP of Franchise West, recently spoke with RealTrends about lessons he’s learned throughout his career, including his 10+ years at The Agency. He gives three specific insights gleaned from his time spent from days as an intern all the way till his current senior role.
Amid shifts in housing inventory and high-interest rates, Mauricio Umansky sat down with Barron’s Market Brief to discuss the state of the housing market and his predictions for the future. Noting that home sales are down 35% in the U.S., Mauricio also explains how pricing will remain high— not due to the interest rates but rather because sellers are holding onto their homes. However, despite the slowdown, he shares that the luxury market—which features a lot of all-cash buyers—has remained fairly strong.
Jeff Kohl, Wendy Walker and Bernardo Mucino Koenig recently shared their insight with Mansion Global on top sunny markets with amazing lifestyle advantages. Between Mexico’s beloved Los Cabos and the American desert destinations of Palm Springs, California and Paradise Valley, Arizona, the agents explain the draw of each unique warm weather destination.
We debuted The Agency Core Services! Inman recently broke the news of our national partnerships with CrossCountry Mortgage, Choice Home Warranty and home inspection provider Pillar to Post.
Managing Partner David Ellis of St. George, Utah shares with Authority Magazine the five top things you need to know to succeed in the real estate industry. Hint: To thrive in sales, don’t act like a salesperson. David explains how to approach being a consultant advising a client, rather than someone focused simply on selling a product.
New York & New Jersey
Earlier in the month, Newsday shared the exclusive announcement for the launch of The Agency South Shore – Long Island, the firm’s 65th global office. This marks the second office for The Agency on Long Island. Nick Campasano and Ricardo Pena, Managing Directors at the new Bay Shore office, will be tasked with capitalizing on the publicity to land Suffolk County listings. Michael Smith and Donald Mastroianni serve as Managing Partners for Long Island.
Take a look at this cozy condo listing recently featured in The New York Times’ edition of “Homes That Sold For Around $750,000.” Based in Hoboken, New Jersey, the home sold at its asking price of $825,000.
Nick Campasano recently landed one of the priciest sales in Bay Shore on Long Island. Long Island Business News covered the story, highlighting the 3-bedroom, 2.5-bath home that Campasano sold for $810,000.
The Agency announced an expanded team in Arizona! Phoenix Business Journal and RealTrends both covered the new addition of the family team to The Agency, noting that Anthony Turco and his father John Turco will be based out of Naples, Florida and Scottsdale, Arizona while his sister Amanda Turco will be working solely in Scottsdale.
At The Real Deal’s South Florida Showcase + Forum, The Agency’s CEO and Founder, Mauricio Umansky, bluntly shared that we are “100% in a housing recession” and why it’s essential for buyers and sellers to carefully track the market. Now more than ever, Mauricio recommends having a proper adviser to help decode the market changes and apply them to clients’ decisions. World Red Eye covered more top moments at the highly anticipated showcase, highlighting photos of Principal and Managing Partner Santiago Arana and Mauricio Umansky, at the real estate event, which draws more than 4,500 attendees each year.
The Agency D.C. Metro‘s own Nurit Coombe appeared as a featured guest on “The Icons of Real Estate” podcast. Interviewed by Tomas Fonseca, Nurit discussed her unique background and the evolution of her career, from working on defense programs for the Israeli Armament Development Authority to now thriving in real estate with over 585 transactions under her belt. Nurit also expounded on the latest market changes and unpacked what’s happening now vs. what’s happened in the recent past.
The New York Times shines a spotlight on the perks of waterfront real estate with docks – and how buyers are parking their money and boats for better “curb appeal.” The Agency Turks & Caicos’ Managing Partner Sean O’Neill weighs in on the island real estate market where the canal-based model program is finding favor.
Palisadian Post features the fun at The Agency Palisades’ second annual “Fright Night,” hosted on Halloween this year. Managing Partner of the Palisades office Marco Rufo remarks how this year’s event drew over 250 trick-or-treaters to its haunted house experience, as well as celebs like Diane Keaton.
Senior Estate Agent David Smith of The Agency Calabasas sat down with CBS News Los Angeles to chat about the slight cooldown of the rising interest rates, and how that’s affected his transactions and clients.
The Agency Denver Managing Partners Kacey Bingham and Jared Blank give 5280 Magazine an inside look at the most expensive home to ever hit the Denver market. The Cherry Hills Village property, listed for $28,888,888, comprises jaw-dropping modern design against a mountain backdrop. After a trend of $15-$20 million trophy homes selling in the greater Denver area, Jared notes how this spectacular 15-acre estate is poised for demand as it represents the first time a home here has had this amount of acreage—and it’s even complete with a 1.5-acre pond.
Meet 11 Avenue de Grenoble, an architectural gem recently featured by popular online lifestyle magazine Silo57. Broker Joshua Jagerman takes readers through the listing, showcasing its warm and modern aesthetic, making it a welcoming 3-bedroom home that a buyer can fetch for just $1.35 million.