Big Brokerage Shuffle: Compass and eXp Realty Score Top Talent!

Key Takeaways:

• Compass ropes in New York’s finest:

  Former Douglas Elliman brokerages, Tom Postilio and Mickey Conlon, have jumped ship to Compass. Known for their reality TV show appearances and million-dollar listings, this duo could potentially bring sufficient bling and business to Compass!

• Calgary’s Sahil Chhabra hops on the eXp train:

  Sahil Chhabra, the founder of Stride Real Estate in Calgary, has chosen to squad up with eXp Realty. Along with his impressive team, he brings a particularly haute Canadian flavor to the eXp community.

• Brokerage recruiting landscape:

  The brokerage landscape increasingly resembles an NFL draft. Firms are aggressively recruiting top-performing agents, as the representation power of a ‘big fish’ can significantly impact a company’s standing in the hyper-competitive real estate marketplace.

• Postilio and Conlon’s high-profile clients:

  Having worked with international buyers and A-list celebrities, Tom and Mickey’s Shorewood Group may bring Compass an obscene amount of exposure, millennials’ submarines worth of followers, and hurt locker amounts of mind-boggling property deals.

• Chhabra’s extraordinary growth:

  Sahil’s dedication, international connections, and his team’s commitment to personalized service have enabled Stride Real Estate to grow exponentially in a relatively short period. Now, linked with eXp’s global network, they’ll spread their wings even wider.

A Hot Take:

Take a step back, hand over the popcorn, and brace yourselves as the brokerage world turns into an episode of Survivor. Compass and eXp are emerging as the ‘Wolf of Wall Street,’ snatching up top-performers like Postilio, Conlon, and Chhabra. Their move is more like a well-orchestrated symphony—a masterstroke that combines star power, business savvy, and a dash of realty drama.

Between Compass’s star-studded acquisition and eXp’s international maneuver, it’s game on, folks! It’s a clear sign of the uber-competitive landscape, where battling for the biggest, brightest, and best in real estate is the decided strategy. And you know those pen-pushers at other agencies must be feeling the heat now, eh? So grab your reality show popcorn because the real estate world just got real… competitive, that is!

Original article: https://www.inman.com/2024/03/01/compass-exp-notch-more-big-recruiting-wins/