Josh Flagg joins Compass Brokerage and returns for $1 million public offering

Josh Flagg

provided by compass

Josh Flagg is moving into a new home – a new home brokerage.

with a famous real estate agent million dollar listing los angeles The star will join Compass in its Beverly Hills office, as Flagg exclusively reveals hollywood reporter.

“I made a strategic decision to join one of the nation’s top brokerage firms. Compass’ strong reputation, extensive network, cutting-edge agent resources, and unwavering commitment to professionalism align with my values ​​and business. This is fully aligned with our goals,” Flagg said in a statement. “We are confident that this new partnership will allow us to capture new growth opportunities and deliver superior results for our clients.” (According to RealTrends, Compass will record $228 billion in home sales in the U.S. in 2022 It became number one in the United States in terms of sales volume.)

In a telephone interview with THR, Flagg says he brings more than $400 million in residential properties to Compass. His current properties include Judy Garland’s former Wallace Neff-designed mansion in Bel Air, a prime property that just went on the market for $11.495 million. “It’s a stunning traditional home that has been completely renovated down to the studs,” Flagg said. Mr. Flagg is also selling The Knoll House in Pasadena, a 1916 mansion designed by Myron Hunt and Gordon Kaufman. “This is the most expensive house in Pasadena,” he says. “It’s also our largest home. We have a 20,000 square foot art gallery on a 32,000 square foot lot.”

Mr. Flagg, long a star agent in rodeo real estate, moved to Douglas Elliman in 2021, where he continues to be based. million dollar listing los angeles Co-stars include Josh, Matt Altman, and Tracy Tutor. “I am grateful for my many years of service to Douglas Elliman, especially my colleagues who have become like family to me, and I look forward to my next venture. I love Elliman and wish everyone at the company the best of luck.” Flagg said, adding that he doesn’t think his move will affect the Bravo show. “We all have great relationships and do business together. I don’t think this changes our dynamic at all.”

What can we expect from Season 15? million dollar listing los angeles, Flagg said he is not yet at liberty to talk about next season. “The date hasn’t been set yet, but it will be announced soon,” he would say only.

Last year, Flagg entered the media business and launched Estate Media, which focuses on real estate content such as videos, newsletters and podcasts. $1 million listing Stars James Harris and David Parnes recently joined Estate Media’s talent roster and he has published his third book. The Deal: The Secret to Mastering the Art of Negotiation At the end of 2022.

He’s also adamant about living in Los Angeles full-time, even though he bought a house in Miami last summer. “I’ve only been there once for 45 minutes,” Flagg said of the $4.25 million vacation home he bought with Adam Rubin and Andrew Schanfeld, business partners at private equity and real estate investment firm Carolwood LP. “No,” he says.

Mr. Flagg lives in Beverly Hills and purchased a new home in 2022. A 1926-built Italian villa is listed for $9.2 million and boasts seven bedrooms and more than 7,100 square feet of living space.

Mr. Flag, who makes them regularly. THR‘s list of top Hollywood real estate agents, who specialize in luxury real estate in Beverly Hills, Holmby Hills, and Bel Air, regularly set records for their Beverly Hills apartments. He has represented clients such as UTA’s Tracy Jacobs, Universal Music Publishing Group Chairman and CEO Jody Gerson, and Tinder co-founder Justin Mateen.

“We are thrilled to officially welcome Josh to Compass,” said Compass founder and CEO Robert Refkin in a statement. “With Josh’s experience and forward-thinking approach to business, I look forward to what he will accomplish with Compass.”

In the fall of 2023, the brokerage also announced Compass AI, which is designed to help agents create property descriptions, among other marketing strategies.