Salazar has been at Hilton & Hyland since he began his actual property profession 16 years in the past and stated he was prepared for a change. Now he’s bringing a group to Compass, which he stated had essentially the most to supply out of different high LA brokerages.
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Longtime Hilton & Hyland agent Paul Salazar has left the boutique brokerage and joined Compass in Beverly Hills, the agency introduced on Tuesday.
Salazar, who has been at Hilton & Hyland since he began his actual property profession 16 years in the past, has constructed a robust status in LA’s Westside neighborhoods through the years, particularly in Beverly Hills, Brentwood, Santa Monica, Venice, Marina del Rey, Bel Air, Westwood and the Palisades. He additionally brings a four-person group from Hilton & Hyland, which incorporates brokers Kyle Amicucci, Christian Hose and Kate Caffrey, and Director of Operations Isabella Franciscovich.
Robert Reffkin | Compass
“We’re excited to welcome Paul and his group to Compass,” Compass CEO Robert Reffkin stated in an announcement. “They’ve already set a excessive bar, and we’re assured that with the instruments, assist, and attain of Compass, they’ll go even additional.”
Salazar’s group has averaged gross sales quantity between $35-$40 million yearly lately, and Salazar himself is repeatedly ranked among the many high 1.5 p.c of brokers within the U.S. by RealTrends. He has additionally garnered purchasers that embody CEOs, leisure business professionals, attorneys, trustees and extra.
Salazar additionally runs a YouTube account the place he interviews business consultants and posts property excursions and agent and client ideas, together with how householders can navigate post-disaster restoration, as many round LA are at present doing within the wake of devastating wildfires that came about in January.
In a dialog with Inman, Salazar stated he liked his time at Hilton & Hyland however felt like, at this level in his profession, it was time to discover one thing totally different.
Paul Salazar | Credit score: Nick Fran
“It’s at all times been an awesome model, and I’ve at all times been happy with my time there,” Salazar stated. “It’s unhappy to say goodbye to a model and an organization you like, particularly all the workers there. However I simply felt like I ought to see what else is on the market.”
After spending months interviewing with a number of high corporations in LA, Salazar stated that Compass had essentially the most to supply by way of tech, workplace house, group progress, occasions alternatives and extra. “They only made the choice very easy for me,” he stated.
The agency’s sturdy community of brokers and unique listings had been additionally a draw for him, which he stated would offer extra off-market alternatives. The group chief added that he was a bit nervous at first about transitioning from a small boutique agency to 1 with an enormous scope, like Compass, however that after his first few days within the workplace, it instantly felt like the best choice.
“It simply seems like residence,” Salazar stated. “All people’s tremendous good, pleasant … it seems like a really well-run enterprise, and that makes me really feel snug about my choice.”
Steve Katz | Hilton & Hyland
Hilton & Hyland Managing Director Steve Katz thanked him for his service to the brokerage.
“We thank Paul for his 16 years of dedication and contributions to Hilton & Hyland,” Katz stated in an announcement. “His professionalism and consistency had been valued right here, and we want him nothing however continued success as he enters this subsequent chapter in his profession.”
Outdoors of actual property, Salazar can also be an advocate for males’s psychological well being and spirituality, and informed Inman he’ll quickly be launching a podcast known as “On Frequency,” which can embody tales from different males who’ve needed to face deep private struggles prior to now and overcome them.
Parker Beatty | Compass
Salazar’s transfer comes on the heels of former Hilton & Hyland President David Kramer transferring to Compass to change into director of World Luxurious. Tracy Tutor, a well known identify from Douglas Elliman, additionally joined the agency in current months.
“We’re thrilled to welcome one other top-producing Beverly Hills group to Compass,” stated Compass Regional Vice President of Southern California and Hawaii Parker Beatty. “As our market presence continues to develop, we’re seeing a number of the area’s most revered expertise selecting to align with our platform — additional reinforcing our management within the luxurious house.”
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