Residential real estate brokerages.Ranked by dollar volume of L.A. county sales A booming real estate market helped the 25 largest residential brokerages in L.A. County play a role in an aggregate $50.8 billion worth of home sales for the year ended June June: see month. 30. The total represents a $10.4 billion, or 25.9 percent, increase in volume over the previous year. All told, the largest brokerages [UNREADABLE TEXT IN THE ORIGINAL SOURCE.]pated pate n. 1. The human head, especially the top of the head: a bald pate. 2. The mind or brain. [Middle English. in 78,036 sales during [UNREADABLE TEXT IN THE ORIGINAL SOURCE.]month period, a 4.3 percent [UNREADABLE TEXT IN THE ORIGINAL SOURCE.]se from the year earlier. [UNREADABLE TEXT IN THE ORIGINAL SOURCE.]flecting the heated nature of [UNREADABLE TEXT IN THE ORIGINAL SOURCE.]arket, Hilton Hil·ton , Conrad Nicholson 1887-1979. American hotel-chain organizer who acquired hotels in many American cities and in 1946 founded the Hilton Hotel Corporation. & Highland Highland. 1 City (1990 pop. 34,439), San Bernardino co., SE Calif., in a citrus-grove area at the foot of the San Bernardino Mts. It has citrus-packing plants and some light industry. , up [UNREADABLE TEXT IN THE ORIGINAL SOURCE.] spots to No. 15, was one of [UNREADABLE TEXT IN THE ORIGINAL SOURCE.] brokerages that saw its number of transactions decline even as the overall dollar value jumped. "The value of homes has dramatically increased because supply does not meet the demand," said Steve Lewis Steve Lewis may refer to:
adj. 1. Of or relating to astronomy. 2. Of enormous magnitude; immense: an astronomical increase in the deficit. and only an increase in inventory will stabilize stabilize See peg. the market." The other big movers on the list were Prudential Prudential is the name of two different companies and buildings named after them: Companies:
Only two firms on the list reported lower dollar volume for the period ended June 30 compared to the prior 12 months. THE PACESETTER COLDWELL Coldwell may refer to:
AREA residential real estate brokerages were perhaps the greatest beneficiaries of the heated market, and none more than Coldwell Banker Residential Brokerage BROKERAGE, contracts. The trade or occupation of a broker; the commissions paid to a broker for his services. . The company participated in more than $22 billion worth of transactions in the 12-month period ended June 30, 2004, a $4.8 billion increase over the year earlier period. The increase came on increased sales volume of more than 29,000 units during the period, a 2,213-unit increase over the same period the year before. Low interest rates were not the only factor fueling the rise. In November November: see month. 2003, Coldwell acquired Prudential California 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. of Long Beach, the No. 22 company on the list last year. Coldwell focused on enhancing its internet strategy for the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. area in 2004. Its statewide Web site now notifies agents when there is interest in an online listing. More than 70 percent of homebuyers look online at some point during their search for real estate. In January January: see month. , Donald Trump  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. established a partnership with Coldwell to
market homes in his new luxury development, The Estates at Trump
National Golf Club, in Rancho Palos Verdes Rancho Pal·os Ver·des A city of southern California on a channel of the Pacific Ocean west of Long Beach. Population: 42,100. . The 85-acre residential development will feature 36 home sites in its first phase. Betty Bet´ty n. 1. A short bar used by thieves to wrench doors open. The powerful betty, or the artful picklock. - Arbuthnot. 2. Graham took over in April 2004 as 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. for Coldwell's Los Angeles office. Before, she served as manager of the company's top producing Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. North office.
RESIDENTIAL REAL ESTATE BROKERAGES
Ranked by dollar volume of L.A. County Sales
Rank Company (Ranking in 2003) Sales Volume
* name (millions)
* address * L.A./Nationwide 2003 (1)
* L.A./Nationwide 2002 (2)
1 Coldwell Banker Residential $22,046.1/$185,504.7
Brokerage (1) $17,207/$147,076
11611 San Vicente Blvd., Ninth
Floor Los Angeles 90049
2 Prudential California 6,332.1/23,292.4
Realty (2) (3)
11111 Santa Monica Blvd., Suite 4,981.7/17,258.8
600 Los Angeles 90025
3 Re/Max All Cities Realty (3) 2,898.7/3,119.8
400 S. Sepulveda Blvd., Suite 100 2,705.8/2,856.4
Manhattan Beach 90266
4 Shorewood Realtors Inc. (7) 2,249.8/same
1050 Duncan Ave., Suite L 1,676.5/same
Manhattan Beach 90266
5 Re/Max Palos Verdes-Re/Max Execs. 2,228.4/same
Group (5) 2,026.6/same
63 Malaga Cove Plaza
Palos Verdes Estates 90274
6 Dilbeck Realtors GMAC Real 1,932.4/2,050.5
Estate (6) 1,725/1,801.4
1030 Foothill Blvd.
La Canada Flintridge 91011
7 Prudential California Realty/ 1,840.3/same
Mulhern Group (11) 1,040.9/same
18000 Studebaker Road, Suite 205
Cerritos 90703
8 Realty Executives Santa 1,704.4/same
Clarita (8) 1,383/same
26650 The Old Road, Suite 200
Valencia 91381
9 Re/Max on the Boulevard (9) 1,614.8/same
14242 Ventura Blvd. 1,234.4/same
Sherman Oaks 91403
10 Re/Max of Valencia (10) 1,361.4/same
25101 The Old Road 1,176.2/same
Santa Clarita 91381
11 Pinnacle Estate Properties 1,105.9/same
Inc. (12) 819.2/same
9137 Reseda Blvd.
Northridge 91324
12 South Bay Brokers Inc. (13) 810.6/820.1
2501 N. Sepulveda Blvd., Second 676.6/same
Floor Manhattan Beach 90266
13 Re/Max Masters (17) 774.745/870.5
475 E. Badillo St. 493.9/554.907
Covina 91723
14 MacGregor Realty Inc. (16) 572/same
845 Foothill Blvd. 539/same
La Canada Flintridge 91011
15 Hilton & Hyland Real Estate (20) 497.6/same
250 N. Canon Drive 344.9/same
Beverly Hills 90210
16 Dickson Podley Realtors (18) 461/same
350 S. Lake Ave. 346.2/same
Pasadena 91101
17 Park Regency Realty (19) 404/same
10146 Balboa Blvd. 348/same
Granada Hills 91344
18 Nourmand & Associates 401.4/same
6525 Sunset Blvd., Suite 100 320.3/same
Los Angeles 90028
19 Moran & Co. 371.2/$907.1
600 Anton Blvd., Suite 1250 392.7/$803.8
Costa Mesa 92626
20 Century 21 Sparow-Shoreline (21) 296/same
6615 E. Pacific Coast Highway, 272/same
Suite 140 Long Beach 90803
21 Re/Max of Cerritos 268.2/same
13405 Artesia Blvd. 213.8/same
Cerritos 90703
22 Century 21 All Moves (23) 218/same
11011 Balboa Blvd. 209/same
Granada Hills 91344
23 Century 21 Paul & Associates 203/same
Realty Inc. (24) 168/same
1501 W. Magnolia Blvd.
Burbank 91506
24 RelMax All Pro 161.8 (5)/same
43997 15th St. W. NA/NA
Lancaster 93534
25 Nordine Realtors (25) 56.3/same
211 Yacht Club Way 59.7/same
Redondo Beach 90277
Rank Units Sold Residential Services
* L.A./Nationwide 2003 (partial list)
* L.A./Nationwide 2002
1 29,070/495,410 listings, sales, mortgage, title,
26,853/460,023 escrow, new homes, commercial,
concierge, relocation, Client for
Life program
2 8,015/35,294 listings, sales, relocation,
7,625/32,702 mortgage, title, escrow, corporate
resources, new home sales, marketing
3 4,810/5,543 sales, leasing, title, escrow,
5,554/6,104 mortgage
4 2,773/same relocation, rental and property
2,576/same management, escrow, mortgage
5 3,704/same home sales, investments, leasing
4,002/same
6 3,895/4,048 sales, leasing, relocation, rental
4,215/4,362 and other related services
7 5,403/same sales, leasing, broker price
3,782/same opinions, foreclosure sales, REO,
asset management, escrow, loans,
bridge/swing loans
8 4,153/same sales, mortgages, escrow, relocation
4.420/same
9 2,638/same sales, leasing
2,466/same
10 3,232/same relocation, mortgage, escrow
3,523/same
11 WND/WND relocation, residential resale,
WND/WND escrow, property management
12 952/same sales, leasing, relocation
982/same
13 WND/WND escrow, mortgage
WND/WND
14 1,636/same sales, leasing, exchanges, relocation
1,625/same
15 231/same real estate, mortgage
244/same
16 790/same mortgage, escrow
750/same
17 1,588/same sales, condoes, escrow, financing
1,330/same
18 414/same sales, purchase, leasing,
328/same relocation, mortgage
19 2,074/6,380 WND
191,217,734
20 721/same mortgage, title, escrow, property
815/same management, home service referrals,
real estate school
21 641/same listings, sales, mortgage, escrow
619/same
22 610/same escrow, mortgage, property
550/same management, sales, estate,
commercial and investment sales
23 525/same sales, leasing, escrow, mortgage
465/same
24 WND/WND real estate, escrow
WND/WND
25 161/same sales
173/same
Rank Area(s) of Specialty Profile
* headquarters
* L.A./Nationwide offices
* L.A./Nationwide agents
1 general marketplace, internatio- Parsippany, N.J.
nal, estate properties, leases, 50/986
new homes 3,900/56,800
2 all types San Diego
19/82
899/4,600
3 homes, condominiums, townhouses, Manhattan Beach
income properties, resort 10/12
properties 584/639
4 homes, income property, Manhattan Beach
apartments, condos 6/same
393/same
5 single-family residences Palos Verdes Estates
11/same
437/same
6 homes, estates, townhouses, La Canada Flintridge
condos, income properties 13/14
648/671
7 condos, single-family homes, Cerritos
own-your-owns, co-ops, income 17/same
property, new home sakes, in-fill 950/same
development
8 all types Valencia
4/same
415/same
9 single-family Sherman Oaks
5/same
290/same
10 homes, condos Santa Clarita
1 /same
168/same
11 homes, condos, land, Northridge
multi-family units 6/same
251/same
12 homes, townhouses, condos, Manhattan Beach
multi-family units 2/same
109/same
13 single-family homes Covina
5/6
142/167
14 single-family homes, condos, La Canada Flintridge
estates, residential income 2/same
123/same
15 high-end single-family Beverly Hills
residences and condos 1/same
47/same
16 single-family homes, condos, Pasadena
estate property, income property 3/same
90/same
17 single-family homes, Granada Hills
condos, townhomes 1 /same
98/same
18 N/A Los Angeles
2/same
147/same
19 institutional apartment Chicago
communities 1 (4)/6
3 (4)/10
20 all types Long Beach
3/same
130/same
21 single-family homes, one-to-four Cerritos
unit residential 3/same
75/same
22 residential and investment Granada Hills
properties from starter to 3/same
fine homes and estates 206/same
23 all types Burbank
1 /same
80/same
24 homes, vacant land Lancaster
2/same
N/A/N/A
25 homes, condos, apartments, land Redondo Beach
1/same
3/same
Rank Top Local Executive
* name
* title
* phone
1 Betty Graham
president, coo
(310) 820-6811
2 John Aaroe
executive vice president
(310) 479-8788
3 Kelli Amundson
president
(310) 376-2225
4 A. D. Goldstein/L. Wolf
co-brokers
(310) 376-8021
5 Sandra Sanders
president
(310) 378-9494
6 Mark Dilbeck
president
(818) 790-6774
7 Bruce T. Mulhearn
president
(562) 860-2625
8 Jim Tanner
ceo, president
(661) 964-1600
9 Jay M. Belson
president
(818) 205-2100
10 Alice O'Hare
president
(661) 255-2650
11 Dana Potter
president
(818) 993-7370
12 Jim Van Zanten
ceo
(310) 546-7611
13 Jose E. Pastora
president
(626) 967-1779
14 Dan MacGregor
president
(818) 790-8300
15 Jeff Hyland
president
(310) 278-3311
16 C. Dickson/B. Podley
president/chairman
(626) 795-9571
17 Joe Alexander
ceo, president
(818) 363-6116
18 Stephen Nourmand
president
(310) 300-3333
19 Mary Ann King
president
(714) 444-3533
20 Randall A. Smith
president, broker
(562) 493-6555
21 Grace Hu
president
(562) 402-8846
22 Ron Prechtl
owner, broker
(818) 363-1717
23 J.Paul/T. Paul
co-owners
(818) 845-8322
24 Peter J. Terracciano
owner, broker
(661) 945-9461
25 Leo Nordine
broker, owner
(310) 379-8800
NA--Not Available
N/A--Not Applicable
WND--Would Not Disclose
(1) July 1, 2002 through June30, 2003.
(2) July 1, 2001 through June 30, 2002.
(3) John Aaroe Division.
(4) Office in Orange County.
(5) Information for Jan. 1-Jun. 30, 2004
Note: The information on this list was provided by representatives of
the brokerages themselves. Brokerages are ranked by their sales volume
for the period July 1, 2003 through June 30, 2004, in Los Angeles
County. Prudential California Realty, No. 22 last year was acquired by
Coldwell Banker. DBL Realtors, No. 4 last year, Nelson Shelton &
Associates, No. 14 last year, Re/Max Tri-City Realty, No. 15 last year,
and Park Regency Realty, No. 19 last year may have qualified for this
list but failed to submit information.
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]2004 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 Wright's
Reprints, (877) 652-5295.
Researched by David Nusbaum
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