Bess Dickson said she was excited to go to Briggs Freeman Sotheby’s because it gave her the best tools and opportunities to serve her clients. She recently started there after spending the past two years at Texas Urban Living Realty. Before that she was at Dallas City Center Realtors for several years.

Briggs Freeman Sotheby’s has the same perspective that I do. It’s about relationships and how we can come along side you and help guide you,” she said. “There are so many things about a home that aren’t covered in a pic or online description and can’t be mathematically quantified. That’s what we as real estate professionals can help with.”

(more…)

Last week, Becky Frey, a 17-year veteran at Briggs Freeman Sotheby’s who once told me she learned the real estate craft from Ellen Terry herself, joined Compass.

“It was a really big, hard decision,” says Becky. “I watched Compass evolve over the year, and it was just a good match for our team. The Sotheby’s brand was a big part of my career, and I have friends everywhere with Sotheby’s.”

But it was, she says, like leaving home: “Briggs Freeman was family to me and always will be, but moving to Compass was just a business decision for the team.”

Becky’s migration now sets Compass Dallas’ total agent count at 168 licensed. Compass has taken ALL local brokerages by storm, part of the significant disruption in the DFW real estate market we expected given our growth and sizzling hot market, and as Wall Street set its sights on the real estate industry. Why? Because the U.S. real estate industry is huge: the total value of all homes in the U.S. increased in 2017 to $31.8 trillion, according to Zillow. At least $89 billion is Realtor commissions alone. And because the industry has so many separate sub-markets (mortgage loans, title companies, insurance, construction) many forsee a way to unite and leverage the entire supply chain to feed consumer’s growing demand for convenience and one-stop shopping, like the ibuying trend:

Venture capitalists are practically throwing funds at real estate-related companies of all shapes, sizes and flavors. Nothing is sacred — brokerage models, commissions, transaction management, bundled services like title and lending. You name it, someone somewhere is trying to change it, fund it, and ultimately, capitalize on it. Every aspect of the real estate business is under scrutiny. There’s just too much money involved for real estate not to be targeted by those with deep pockets — and big ambitions to stuff those pockets full of cold, hard cash.

Outsiders have been marching into the Dallas market at a steady stream for a slice of our market pie. According to RealTrends top 10 largest brokerages in the United States, ranked by closed sales volume for 2018, Compass is number 6, right under Pacific Union. But the report needs to be updated: Compass bought Pacific Union in late August. According to Inman, Compass has more than tripled its agent count and now has more than 7,000 agents. The company also expects it will hit roughly $34 billion in sales volume this year, more than doubling its 2017 sales mark of $14.8 billion. That figure could firmly place Compass, which launched around 2014 as Urban Compass in NYC, at No. 3 on the Real Trends 500 in sales volume, right behind NRT and HomeServices of America.

Right behind NRT and Berkshire Hathaway Home Services of America. (more…)

The Dallas Native Team of Zackery Thomas, Mary Beth Harrison, Candace Barnes, and Keenan Cowan has joined Dave Perry-Miller Real Estate.

Mary Beth Harrison says she and the Dallas Native Team are happy to now be at Dave Perry-Miller Real Estate.

“It was a very difficult decision,” Harrison said. “I’m a pretty loyal person and had given 17 years to Keller Williams.”

As her team’s name suggests, Harrison was born and raised in Dallas. She began her career at Ebby Halliday three decades ago.  Since then, she’s earned Texas Monthly’s Five-Star Real Estate Agent Award, and been named one of D Magazine’s Top Realtors for the past 13 years.  She’s also active in the MetroTex Association of Realtors, and regularly teaches continuing education classes for fell agents.

(more…)

After more than 17 years at Briggs Freeman Sotheby’s International Realty, Christopher McGuire has moved to Compass Real Estate. He began the new role on his 13th wedding anniversary.

“I felt that Compass, with their philosophy and tools, gave me the best opportunity to provide better value for my clients,” McGuire said.  “It will also give my clients better tools so that we can collaborate more efficiently.”

The decision was not an easy one for McGuire. His parents, Jackie and Cory McGuire, work at Briggs Freeman and helped him begin his real estate career there back in 2001. They weren’t initially thrilled with his decision, but ultimately understood his reasoning.

(more…)

As we previously reported, Fort Worth-based real estate super agent John Zimmerman has become the first and newest member of the Fort Worth office of Compass, an upstart technology and real estate company.

Tabbing Zimmerman as agent No. 1 on the Fort Worth roster hardly comes as a surprise.

“I’m having my most successful year,” explained Zimmerman in a recent interview with CandysDirt.com.  “Compass is the most sophisticated company in the real estate world. Why would I jump to a new broker if I didn’t believe that they could offer buyers and sellers a substantial amount more.”

(more…)

The real estate world is buzzing today as Compass announced that high-profile real estate agent, John Zimmerman, has left Briggs Freeman Sotheby’s International Realty to join the New York City-based real estate brokerage that is also a real estate technology company.

“We are excited to be entering Fort Worth with a great partner like John Zimmerman. This is an important market in our growth story,” said Robert Reffkin, founder and CEO of Compass. “We are thrilled to enter the market with a talented and respected agent who is a leader in the community.”
 
Zimmerman, the proclaimed “$200 Million Dollar Man,” has been a top-producing agent in the Fort Worth and greater North Texas market for the past five years with Briggs Freeman.

Lori Lamb joined Ebby Halliday Realtors this month. She had previously worked for the Coldwell Banker Park Cities Office.

“The thing that drew me to Ebby was the enormous presence and high respect in and from Dallas and the surrounding communities,” she said.

Lamb, originally from New York, has lived in Dallas for 26 years.  Prior to landing in Texas she worked in the corporate world, with stops at American Honda and the Toyota Motor Company in Los Angeles.

(more…)

The day is not yet over and there is more news about high producing agents migrating to different brokers.

Allie Beth Allman & Associates announced today that the top-producing Susan Baldwin Group, led by Susan Baldwin, has joined Allie Beth Allman & Associates, “building on the luxury real estate boutique’s strong foundation of client service, cutting-edge marketing and entrepreneurship.”

“I’ve admired Susan for years, and I’m excited her team is joining the ABA family,” said CEO Allie Beth Allman. “We’re fortunate to have a leader who is so focused on delivering for her clients, and we welcome her entrepreneurial spirit.”

Susan’s team includes agents Fiona Richards and Missy Townsend.

(more…)