BrokerageIndustry News

Boutique brokerages shed agents

From The Real Deal

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Editor's note: This article is reposted with permission by The Real Deal. Click here to view the original article. By CANDACE TAYLOR NEW YORK -- New York's small residential firms got even smaller in the last year, as many agents fled the business in a difficult market. But despite the loss of manpower, several leading boutique firms saw the dollar volume of their listings rise as more high-end properties returned to the market in an increasingly healthy economy. (Click here for chart of this year's top Manhattan boutique brokerages.) Meanwhile, two New York boutique firms -- long-established firm Gumley Haft Kleier and 5-year-old Core -- starred in the HGTV cable television program, "Selling New York." Core CEO Shaun Osher said he viewed the program as an important tool for showing off the company's properties and garnering new clients. Since the show went on the air, he said, the company, which ranked No. 2 on The Real Deal's annual list...