- Nearly 60 percent of California's top 50 real estate agents are in LA.
- Agents in Beverly Hills close the highest volume of deals statewide.
- Two LA agents sold more than 150 homes apiece last year.
According to recent rankings from Real Trends, nine Los Angeles-based agents each sold more than $260 million of housing during 2014.
Topping the list was Mauricio Umansky operating out of The Agency’s Beverly Hills office. He is said to have sold more than $604 of real estate last year.
Drew Fenton of Hilton and Hyland ranked second, having completed more than $510 million of transactions. Similar to Umansky and other top Los Angeles agents, Fenton operates out of a Beverly Hills office.
During the third quarter, luxury homes in Beverly Hills traded on average for $9.428 million, according to a report from Sotheby’s International Realtor.
In Beverly Hills Post Office, the average luxury home sold for $7.582 million during the quarter. Malibu Beach was home to the highest, average luxury home price, $9.433 million.
Ben Bacal of Rodeo Realty Fine Estate (Beverly Hills) and Chris Cortazzo of Coldwell Banker Residential Brokerage/NRT (Malibu) represent two additional top Los Angeles agents. Both closed more than $307 million in transactions last year.
Of the state’s top 50, volume-producing agents, 29 are in Los Angeles, with a large percentage operating out of Beverly Hills offices. For perspective, the state’s 50th top agent closed more than $103 million of housing in 2014.
Four of the top 10 agents in this category are LA-based. Leo Nordine of Nordine Realtors in Redondo Beach closed 154 transactions, the second most completed transactions of any agent in the state. Tami Pardee of Pardee Properties (Venice) followed close behind with 152 transactions.
Other high ranking agents in the Los Angeles metro included Stephanie Vitacco of Keller Williams Realty (Encino) 133 transactions and William Morris of Keller Williams Realty (Irvine). Both closed 133 transactions a piece.
In total, 15 LA-area agents cracked the state’s top 50.