Residential real estate brokerages: ranked by dollar volume of L.A. County sales.EXECUITVE SUMMARY A LONG with home sellers, the 25 largest residential real estate brokerages in L.A. County reaped the rewards of a market fed by low interest rates and tight supply. As a group, the largest brokerages reported a 14.4 percent increase in the value of homes sold in the 12-month period ended June June: see month. 30. "It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have really the extension of last year," said Paul Paul, 1901–64, king of the Hellenes (1947–64), brother and successor of George II. He married (1938) Princess Frederika of Brunswick. During Paul's reign Greece followed a pro-Western policy, and the Cyprus question was temporarily resolved. Tom, co-owner at Century 21 Paul & Associates Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Inc., whose firm reported a 36 percent increase in the total value of homes sold. "There is very strong housing demand coupled with low interest rates and a shortage of housing for sale." No. 18 Dickson Dickson may refer to several placenames: Australia
n. 1. (Zool.) A young coalfish. Realtors, which changed its named in August from Dickson Realtors, registered a 29.7 percent increase in the aggregate value of home sales in the period. Chris Dickson Chris Dickson is the name of:
All but four brokerages posted increases in aggregate sales value, and those that declined saw decreases of less than 10 percent. THE TRENDS [GRAPHICS OMITTED] THE PACESETTER COLDWELL Coldwell may refer to:
THE county's rapidly appreciating housing market made up for a slow-rate of sales at L.A.'s largest residential brokerage. Though its 26,850 unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. in the 12-months ended June 30 were 2,450 fewer than in the prior period, the company registered a 5 percent increase in aggregate home sale value. The average price of a home sold by the company in the period was $641,600, up from $559,700 the year earlier. "Inventory has been very tight this year," said Scott Gibson, its president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "The biggest price appreciation is under $1 million and that continues to be strong in all areas." The rate of growth in overall values paled in comparison to the year-earlier pace, when the company posted a 24.2 percent rise on the sale of 29,400 units. Still, with $17.2 billion worth of homes sold, Coldwell remains the biggest brokerage in the county, logging more than three times the aggregate value of No. 2 Prudential Prudential is the name of two different companies and buildings named after them: Companies:
Despite a modest increase in interest rates, Gibson hasn't has·n't Contraction of has not. hasn't has not hasn't have yet noticed any change in behavior among homebuyers. That may change, however. "We would look for interest rates to rise over the next six to nine months and that's when inventory will build," he said. Gibson doesn't does·n't Contraction of does not. expect the market to soften until interest rates increase significantly. "For most people it's not about closing escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. , it's being able to afford the monthly payments and looking at the economy getting better that will offset some of the increase."
Rank Company (Ranking in 2002) Sales Volume Units Sold
* name (millions) * L.A./
* address * L.A./Nationwide Nationwide
2002 (1) 2002
* L.A./Nationwide * L.A./
2001 (2) Nationwide
2001
1 Coldwell Banker Residential $17,226/$146,893 26,850/459,000
Brokerage (1) $16,400/$124,800 29,300/414,000
11611 San Vicente Blvd.,
Ninth Floor
Los Angeles 90049
2 Prudential California 4,981.7/17,258.8 7,625/32,702
Realty (2) (3) 4,169.5/14,945.7 6,990/33,482
11111 Santa Monica Blvd.,
Suite 600
Los Angeles 90025
3 Re/Max All Cities 2,705.8/2,856.4 5,554/6,104
Realty (3) (4) 2,027.8/2,134.8 5,130/5,400
400 S. Sepulveda Blvd.,
Suite 100
Manhattan Beach 90266
4 DBL Realtors 2,242.2/same 4,194/same
421 N. Rodeo Drive 1,557.7/same 3,061/same
Beverly Hills 90210
5 Re/Max Palos Verdes-Re/Max 2,002.9/same 4,025/same
Execs. Group (5) 1,593.3/same 4,002/same
425 Via Corta, Suite 304
Palos Verdes Estates 90274
6 Dilbeck Realtors GMAC 1,725/1,801.4 4,215/4,362
Real Estate (8) 1,175.4/1,276.1 3,322/3,523
1030 Foothill Blvd.
La Canada Flintridge 91011
7 Shorewood Realtors Inc. (6) 1,676.5/same 2,576/same
1050 Duncan Ave., Suite L 1,471.8/same 2,528/same
Manhattan Beach 90266
8 Realty Executives 1,383/same 4,420/same
Santa Clarita (9) 1,036.9/same 4,143/same
23734 Valencia Blvd.,
Suite 101
Santa Clarita 91355
9 Re/Max on the Boulevard (4) 1,195.6/same 2,717/same
14242 Ventura Blvd. 1,002.5/same (5) 2,690/same
Sherman Oaks 91403
10 Re/Max of Valencia (7) 1,176.2/same 3,523/same
25101 The Old Road 1,276.8/same 3,998/same
Santa Clarita 91381
11 Prudential California 1,040.9/same 3,782/same
Realty/Mulhern Group (10) 849.5/same 3,720/same
18000 Studebaker Road,
Suite 205
Cerritos 90703
12 Pinnacle Estate 819.2/same WND/WND
Properties Inc. (11) 641.8/same WND/WND
9137 Reseda Blvd.
Northridge 91324
13 South Bay Brokers Inc. (13) 676.6/same 982/same
2501 N. Sepulveda Blvd., 566.3/569.6 923/933
Second Floor
Manhattan Beach 90266
14 Nelson Shelton & 655.8/same 1,210/same
Associates (12) 575.2/same 1,060/same
355 N. Canon Drive
Beverly Hills 90210
15 Re/Max Tri-City Realty 609/same 1,663/same
811 N. Central Ave. 583/same 1,515/same
Glendale 91203
16 MacGregor Realty Inc. (14) $539/same 1,625/same
845 Foothill Blvd. $526/same 1,601/same
La Canada Flintridge 91011
17 Re/Max Masters 493.9 (6)/$554.9 WND/WND
475 E. Badillo St. 422.9 (6)/$475.2 WND/WND
Covina 91723
18 Dickson Podley 350.2/same 750/same
Realtors (18) (7) 270/same 712/same
350 S. Lake Ave.
Pasadena 91101
19 Park Regency Realty (16) 348/same 1,330/same
10146 Balboa Blvd. 293/same 1,152/same
Granada Hills 91344
20 Hilton & Hyland 345/same 244/same
Real Estate (15) 374.9/same 197/same
250 N. Canon Drive
Beverly Hills 90210
21 Century 21 Sparow- 272/same 824/same
Shoreline (17) 296/same (8) 848/same
6615 E. Pacific
Coast Highway, Suite 140
Long Beach 90803
22 Prudential California 198/same 562/same
Realty (21) 204.6/same 694/same
1650 Ximeno Ave., Suite 120
Long Beach 90804
23 Century 21 All Moves 162/same 526/same
11011 Balboa Blvd. 131.8/same 454/same
Granada Hills 91344
24 Century 21 Paul & 150.3/same 523/same
Associates Realty Inc. (22) 110.6/same (9) 403/same
1501 W. Magnolia Blvd.
Burbank 91506
25 Leo Nordine Realtors (23) 68.1/same 271/same
211 Yacht Club Way 59.3/same 241/same
Redondo Beach 90277
Rank Company (Ranking in 2002) Residential Services
* name (partial list)
* address
1 Coldwell Banker Residential mortgage, title, escrow,
Brokerage (1) home warranty,
11611 San Vicente Blvd., concierge, relocation
Ninth Floor
Los Angeles 90049
2 Prudential California listings, sales, relocation,
Realty (2) (3) mortgage, title, escrow,
11111 Santa Monica Blvd., corporate resources, marketing
Suite 600
Los Angeles 90025
3 Re/Max All Cities sales, leasing, title,
Realty (3) (4) escrow, mortgage
400 S. Sepulveda Blvd.,
Suite 100
Manhattan Beach 90266
4 DBL Realtors sales, leasing, mortgage,
421 N. Rodeo Drive escrow
Beverly Hills 90210
5 Re/Max Palos Verdes-Re/Max sales, leases
Execs. Group (5)
425 Via Corta, Suite 304
Palos Verdes Estates 90274
6 Dilbeck Realtors GMAC sales, leasing, relocation,
Real Estate (8) rental and other
1030 Foothill Blvd. related services
La Canada Flintridge 91011
7 Shorewood Realtors Inc. (6) relocation, rental and
1050 Duncan Ave., Suite L property management,
Manhattan Beach 90266 escrow, mortgage
8 Realty Executives sales, mortgages, escrow,
Santa Clarita (9) relocation
23734 Valencia Blvd.,
Suite 101
Santa Clarita 91355
9 Re/Max on the Boulevard (4) sales
14242 Ventura Blvd.
Sherman Oaks 91403
10 Re/Max of Valencia (7) relocation, mortgage, escrow
25101 The Old Road
Santa Clarita 91381
11 Prudential California sales, leasing, broker price
Realty/Mulhern Group (10) opinions, foreclosure sales,
18000 Studebaker Road, REO, asset management, escrow,
Suite 205 loans, bridge/swing loans
Cerritos 90703
12 Pinnacle Estate relocation, residential
Properties Inc. (11) resale, escrow, property
9137 Reseda Blvd. management
Northridge 91324
13 South Bay Brokers Inc. (13) sales, leasing, relocation
2501 N. Sepulveda Blvd.,
Second Floor
Manhattan Beach 90266
14 Nelson Shelton & sales, leasing
Associates (12)
355 N. Canon Drive
Beverly Hills 90210
15 Re/Max Tri-City Realty listings, sales
811 N. Central Ave.
Glendale 91203
16 MacGregor Realty Inc. (14) sales, leases, exchanges,
845 Foothill Blvd. relocation
La Canada Flintridge 91011
17 Re/Max Masters escrow, mortgage
475 E. Badillo St.
Covina 91723
18 Dickson Podley mortgage, escrow
Realtors (18) (7)
350 S. Lake Ave.
Pasadena 91101
19 Park Regency Realty (16) escrow, financing
10146 Balboa Blvd.
Granada Hills 91344
20 Hilton & Hyland real estate, mortgage
Real Estate (15)
250 N. Canon Drive
Beverly Hills 90210
21 Century 21 Sparow- mortgage, escrow, insurance,
Shoreline (17) home service referrals
6615 E. Pacific
Coast Highway, Suite 140
Long Beach 90803
22 Prudential California residential and investment
Realty (21) property sales
1650 Ximeno Ave., Suite 120
Long Beach 90804
23 Century 21 All Moves sales, property management,
11011 Balboa Blvd. escrow, mortgage, commercial
Granada Hills 91344 property sales
and leasing
24 Century 21 Paul & relocation, mortgage,
Associates Realty Inc. (22) commercial, rental
1501 W. Magnolia Blvd.
Burbank 91506
25 Leo Nordine Realtors (23) sales
211 Yacht Club Way
Redondo Beach 90277
Rank Company (Ranking in 2002) Area(s) of Specialty
* name
* address
1 Coldwell Banker Residential general marketplace,
Brokerage (1) international, estate
11611 San Vicente Blvd., properties, architectural,
Ninth Floor new homes
Los Angeles 90049
2 Prudential California all types
Realty (2) (3)
11111 Santa Monica Blvd.,
Suite 600
Los Angeles 90025
3 Re/Max All Cities homes, condos, townhouses,
Realty (3) (4) income properties,
400 S. Sepulveda Blvd., resort properties
Suite 100
Manhattan Beach 90266
4 DBL Realtors homes, condos,
421 N. Rodeo Drive commercial and
Beverly Hills 90210 residential income
5 Re/Max Palos Verdes-Re/Max high value properties,
Execs. Group (5) all size of homes and condos
425 Via Corta, Suite 304
Palos Verdes Estates 90274
6 Dilbeck Realtors GMAC homes, estates, townhouses,
Real Estate (8) condos, income property
1030 Foothill Blvd.
La Canada Flintridge 91011
7 Shorewood Realtors Inc. (6) homes, income property,
1050 Duncan Ave., Suite L apartments, condos
Manhattan Beach 90266
8 Realty Executives homes
Santa Clarita (9)
23734 Valencia Blvd.,
Suite 101
Santa Clarita 91355
9 Re/Max on the Boulevard (4) all types
14242 Ventura Blvd.
Sherman Oaks 91403
10 Re/Max of Valencia (7) homes, condos
25101 The Old Road
Santa Clarita 91381
11 Prudential California condos, single family homes,
Realty/Mulhern Group (10) co-ops, income property
18000 Studebaker Road,
Suite 205
Cerritos 90703
12 Pinnacle Estate homes, condos, land,
Properties Inc. (11) multi-family units
9137 Reseda Blvd.
Northridge 91324
13 South Bay Brokers Inc. (13) homes, townhouses, condos,
2501 N. Sepulveda Blvd., multi-family units
Second Floor
Manhattan Beach 90266
14 Nelson Shelton & estates, single family,
Associates (12) condos, residential income,
355 N. Canon Drive commercial
Beverly Hills 90210
15 Re/Max Tri-City Realty single family homes, condos,
811 N. Central Ave. residential income,
Glendale 91203 apartment buildings
16 MacGregor Realty Inc. (14) single family, condos,
845 Foothill Blvd. estates, income property
La Canada Flintridge 91011
17 Re/Max Masters single family homes
475 E. Badillo St.
Covina 91723
18 Dickson Podley single family, condos,
Realtors (18) (7) estate property,
350 S. Lake Ave. income property
Pasadena 91101
19 Park Regency Realty (16) homes, townhouses, condos
10146 Balboa Blvd.
Granada Hills 91344
20 Hilton & Hyland high-end single family
Real Estate (15) residences and condos
250 N. Canon Drive
Beverly Hills 90210
21 Century 21 Sparow- all types
Shoreline (17)
6615 E. Pacific
Coast Highway, Suite 140
Long Beach 90803
22 Prudential California single family homes, condos,
Realty (21) townhouses, income property
1650 Ximeno Ave., Suite 120
Long Beach 90804
23 Century 21 All Moves homes, estates,
11011 Balboa Blvd. investment property
Granada Hills 91344
24 Century 21 Paul & all types
Associates Realty Inc. (22)
1501 W. Magnolia Blvd.
Burbank 91506
25 Leo Nordine Realtors (23) foreclosures, homes, condos,
211 Yacht Club Way apartments, land
Redondo Beach 90277
Rank Company (Ranking in 2002) Profile
* name * headquarters
* address * L.A. /Nationwide offices
* L.A. /Nationwide agents
1 Coldwell Banker Residential Parsippany, N.J.
Brokerage (1) 48/945
11611 San Vicente Blvd., 3,341/54,916
Ninth Floor
Los Angeles 90049
2 Prudential California San Diego
Realty (2) (3) 19/71
11111 Santa Monica Blvd., 831/3,514
Suite 600
Los Angeles 90025
3 Re/Max All Cities Manhattan Beach
Realty (3) (4) 10/12
400 S. Sepulveda Blvd., 550/610
Suite 100
Manhattan Beach 90266
4 DBL Realtors Beverly Hills
421 N. Rodeo Drive 7/same
Beverly Hills 90210 556/same
5 Re/Max Palos Verdes-Re/Max Palos Verdes Estates
Execs. Group (5) 12/same
425 Via Corta, Suite 304 430/same
Palos Verdes Estates 90274
6 Dilbeck Realtors GMAC La Canada Flintridge
Real Estate (8) 13/14
1030 Foothill Blvd. 623/643
La Canada Flintridge 91011
7 Shorewood Realtors Inc. (6) Manhattan Beach
1050 Duncan Ave., Suite L 6/same
Manhattan Beach 90266 353/same
8 Realty Executives Santa Clarita
Santa Clarita (9) 4/same
23734 Valencia Blvd., 325/same
Suite 101
Santa Clarita 91355
9 Re/Max on the Boulevard (4) Sherman Oaks
14242 Ventura Blvd. 5/same
Sherman Oaks 91403 285/same
10 Re/Max of Valencia (7) Santa Clarita
25101 The Old Road 1/same
Santa Clarita 91381 149/same
11 Prudential California Cerritos
Realty/Mulhern Group (10) 14/same
18000 Studebaker Road, 950/same
Suite 205
Cerritos 90703
12 Pinnacle Estate Northridge
Properties Inc. (11) 6/same
9137 Reseda Blvd. 221/same
Northridge 91324
13 South Bay Brokers Inc. (13) Manhattan Beach
2501 N. Sepulveda Blvd., 2/same
Second Floor 104/same
Manhattan Beach 90266
14 Nelson Shelton & Beverly Hills
Associates (12) 1/same
355 N. Canon Drive 310/same
Beverly Hills 90210
15 Re/Max Tri-City Realty Glendale
811 N. Central Ave. 4/same
Glendale 91203 140/same
16 MacGregor Realty Inc. (14) La Canada Flintridge
845 Foothill Blvd. 3/same
La Canada Flintridge 91011
17 Re/Max Masters Covina
475 E. Badillo St. 5/6
Covina 91723 142/167
18 Dickson Podley Pasadena
Realtors (18) (7) 3/same
350 S. Lake Ave. 87/same
Pasadena 91101
19 Park Regency Realty (16) Granada Hills
10146 Balboa Blvd. 1/same
Granada Hills 91344 77/same
20 Hilton & Hyland Beverly Hills
Real Estate (15) 1/same
250 N. Canon Drive 48/same
Beverly Hills 90210
21 Century 21 Sparow- Long Beach
Shoreline (17) 2/same
6615 E. Pacific 140/same
Coast Highway, Suite 140
Long Beach 90803
22 Prudential California Long Beach
Realty (21) 1/same
1650 Ximeno Ave., Suite 120 75/same
Long Beach 90804
23 Century 21 All Moves Granada Hills
11011 Balboa Blvd. 2/same
Granada Hills 91344 178/same
24 Century 21 Paul & Burbank
Associates Realty Inc. (22) 1/same
1501 W. Magnolia Blvd. 80/same
Burbank 91506
25 Leo Nordine Realtors (23) Redondo Beach
211 Yacht Club Way 1/same
Redondo Beach 90277 2/same
Rank Company (Ranking in 2002) Top Local Executive
* name * name
* address * title
* phone
1 Coldwell Banker Residential Scott Gibson
Brokerage (1) president, coo
11611 San Vicente Blvd., (310) 820-6811
Ninth Floor
Los Angeles 90049
2 Prudential California John Aaroe
Realty (2) (3) executive vice president
11111 Santa Monica Blvd., (310) 479-8788
Suite 600
Los Angeles 90025
3 Re/Max All Cities Kelli Amundson
Realty (3) (4) president
400 S. Sepulveda Blvd., (310) 376-2225
Suite 100
Manhattan Beach 90266
4 DBL Realtors Alan Long
421 N. Rodeo Drive president
Beverly Hills 90210 (310) 275-8686
5 Re/Max Palos Verdes-Re/Max Sandra Sanders
Execs. Group (5) owner, broker
425 Via Corta, Suite 304 (310) 378-9494
Palos Verdes Estates 90274
6 Dilbeck Realtors GMAC Mark Dilbeck
Real Estate (8) president
1030 Foothill Blvd. (818) 790-6774
La Canada Flintridge 91011
7 Shorewood Realtors Inc. (6) A. Goldstein/L. Wolf
1050 Duncan Ave., Suite L co-brokers
Manhattan Beach 90266 (310) 376-8021
8 Realty Executives Jim Tanner
Santa Clarita (9) ceo
23734 Valencia Blvd., (661) 286-8600
Suite 101
Santa Clarita 91355
9 Re/Max on the Boulevard (4) Jay Belson
14242 Ventura Blvd. president
Sherman Oaks 91403 (818) 789-7117
10 Re/Max of Valencia (7) Alice O'Hare
25101 The Old Road president
Santa Clarita 91381 (661) 255-2650
11 Prudential California Bruce T. Mulhearn
Realty/Mulhern Group (10) founder, president
18000 Studebaker Road, (562) 860-2625
Suite 205
Cerritos 90703
12 Pinnacle Estate Scott Green
Properties Inc. (11) ceo
9137 Reseda Blvd. (818) 993-7370
Northridge 91324
13 South Bay Brokers Inc. (13) Jack Gillespie
2501 N. Sepulveda Blvd., ceo
Second Floor (310) 546-7611
Manhattan Beach 90266
14 Nelson Shelton & Mark Shelton
Associates (12) ceo
355 N. Canon Drive (310) 271-2229
Beverly Hills 90210
15 Re/Max Tri-City Realty Mathew Matti
811 N. Central Ave. ceo, president
Glendale 91203 (818) 409-0040
16 MacGregor Realty Inc. (14) Dan MacGregor
845 Foothill Blvd. president
La Canada Flintridge 91011
17 Re/Max Masters Jose E. Pastora
475 E. Badillo St. president
Covina 91723 (626) 967-1779
18 Dickson Podley C. Dickson/B. Podley
Realtors (18) (7) president/chairman
350 S. Lake Ave. (626) 795-9571
Pasadena 91101
19 Park Regency Realty (16) Joe Alexander
10146 Balboa Blvd. president
Granada Hills 91344 (818) 363-6116
20 Hilton & Hyland Mauricio Umansky
Real Estate (15) estates director
250 N. Canon Drive (310) 278-3311
Beverly Hills 90210
21 Century 21 Sparow- Randall A. Smith
Shoreline (17) president, broker
6615 E. Pacific (562) 493-6555
Coast Highway, Suite 140
Long Beach 90803
22 Prudential California Rosemary Voss
Realty (21) owner, broker
1650 Ximeno Ave., Suite 120 (562) 494-4600
Long Beach 90804
23 Century 21 All Moves Ron Prechtl
11011 Balboa Blvd. owner, broker
Granada Hills 91344 (818) 363-1717
24 Century 21 Paul & J.Paul/T. Paul
Associates Realty Inc. (22) co-owners
1501 W. Magnolia Blvd. (818) 845-8322
Burbank 91506
25 Leo Nordine Realtors (23) Leo Nordine
211 Yacht Club Way broker, owner
Redondo Beach 90277 (310) 379-8800
WND--Would Not Disclose
(1) July 1, 2002 through June 30, 2003.
(2) July 1, 2001 through June 30, 2002.
(3) John Aaroe division.
(4) Formerly Re/Max Beach Cities/Westside Properties.
(5) Discrepancy in 2001 home sales due to change in accounting method.
(6) Company estimate.
(7) Formerly Jim Dickson Realty Inc.
(8) Discrepancy in 2001 home sales due to change in commission/sales
ratio calculations.
(9) Discrepancy in 2001 home sales due misreporting of time period.
Note: The information on this list was provided by representatives
of the brokerages themselves. Brokerages are ranked by their home
sales volume for the period July 1, 2002 through June 30, 2003, in
Los Angeles County. Baldwin Real Estate Services, No. 19 last year,
and Century 21 E-N Realty, No. 20 last year, may have qualified for
this list but failed to submit information.
To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [c] 2003 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Publisher's Custom Reprints, (800) 256-8271.
Researched by Nicole Taylor
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