Douglas Elliman has picked up a co-founder of one in all Connecticut’s high residential groups.
After three years at Sotheby’s Worldwide Realty, Megan Sullivan is becoming a member of Elliman as a person agent. Sullivan co-founded the Greenwich, Connecticut-based Choose Shopper Workforce, which ranked because the state’s high small staff in 2024 with $137 million in gross sales, in line with RealTrends.
Sullivan, who an Elliman spokesperson says closed over $100 million in gross sales final yr, will probably be becoming a member of the brokerage’s sports activities and leisure division.
Sullivan began her profession as an agent at Compass in 2020 after a decade working in finance. She jumped to Sotheby’s in 2022, the place she co-founded the Choose Shopper Workforce with long-time Sotheby’s agent Steve Archino.
Sullivan mentioned she began excited about a transfer beginning final summer time, earlier than Compass and Wherever’s $4 billion merger that was introduced in September. However Sullivan mentioned the deal “undoubtedly had one thing to do with it” as she regarded to discover a brokerage she thought was extra tailor-made to her luxurious model.
When Sullivan initially began at Compass as an early agent in its Greenwich workplace, it had a number of thousand brokers on the brokerage. By the point she left for Sotheby’s, “it was a really, very completely different feeling,” Sullivan mentioned.
“Now with the Wherever merger, Compass/Wherever is 350,000-or-so-odd brokers,” she mentioned. “My shoppers are discreet, I work within the luxurious market, and I wish to have a boutique luxurious agency supporting them and supporting me.”
Over 40 p.c of Sullivan’s offers final yr had been executed off-market, one thing she says she has carved out as a distinct segment within the rich tristate enclave. Final yr, Sullivan represented the customer on an $11.5 million sale at 38 Aiken Street. She additionally introduced consumers for 2 completely different houses — a $15.5 million sale at 111 Conyers Farm and an $8.5 million sale at 10 Hurlingham Drive — within the non-public residential neighborhood in Greenwich referred to as Conyers Farm.
Sullivan’s addition provides Elliman a foothold in Greenwich, in line with Douglas Elliman CEO Michael Liebowitz.
“Megan is on the forefront of a variety of brokers we’re getting inbounded that don’t wish to be part of this big conglomerate, that need much more private, luxurious expertise,” he added.
A spokesperson for Sotheby’s Worldwide Realty didn’t reply to a request for remark.
The brokerages have traded star brokers backwards and forwards within the final yr throughout busy years for each firms.
Compass closed on its merger with Wherever in January, including over 300,000 brokers and types like Corcoran, Coldwell Banker, Century 21 and Sotheby’s Worldwide Realty underneath its umbrella.
Elliman has additionally been within the technique of reshaping its model. It jettisoned its property management arm in October and has seen a number of executives exit the agency’s New York workplace in latest months.
In December, veteran New York Metropolis agent and New York Residential Agent Continuum co-founder Heather Domi returned to Elliman after seven years at Compass, and one in all Houston’s high brokers, Dana Johnson, jumped to Elliman from Compass final month as nicely.
In the meantime, Compass has introduced on numerous high New York Metropolis-based brokers from Elliman, together with 24-year veteran Holly Parker, Lindsay Barton Barrett and Dennis Mangone.
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