After practically seven years with Compass, Rachel Glazer is returning to the agency the place she as soon as dominated as its top broker in Downtown Manhattan.
Glazer is becoming a member of Brown Harris Stevens, the place she launched her actual property profession in 2008, the agency introduced on Tuesday. Alongside along with her, Glazer is bringing three members of the staff she based whereas at Compass.
Glazer’s transfer comes roughly 5 months after Compass closed its landmark deal to acquire Anywhere Real Estate, making the mixed entity the biggest brokerage within the nation with greater than 300,000 brokers and franchisees.
Among the many causes for her departure, Glazer stated in an announcement that she’s heading again to BHS as a result of she “missed the boutique tradition and collaborative setting that helped form my profession.”
BHS CEO Bess Freedman has repeatedly touted the firm’s independent status as a draw for brokers seeking to differentiate themselves from Compass’s huge empire. At The Actual Deal’s New York Discussion board earlier this month, Freedman stated that elevated business consolidation has created numerous “sameness,” which has pushed a number of brokers to her agency.
“Typically when it will get too massive — and that works for some individuals — however brokers can get misplaced within the sauce,” Freedman stated on stage. “You need to have the ability to discuss to your supervisor or see what’s taking place and discuss to your colleagues.”
In an announcement, Freedman referred to Glazer’s return as “an thrilling milestone” for the agency, which has in latest months nabbed a few notable New York Metropolis gamers. Earlier this yr, Andres Perea-Garzon left Corcoran’s top-producing Carrie Chiang Group to affix the agency.
A spokesperson for Compass stated the agency “want[es] Rachel properly.”
Glazer joined Compass in 2019 after greater than a decade with BHS, the place she was among the many brokerage’s high luxurious brokers. Final yr, she closed greater than $119 million in gross sales, based on a press launch.
Earlier than leaving Compass, Glazer’s listings included a $5.4 million rental at 49 Chambers Avenue and a two-bedroom unit at 108 Leonard Avenue, each in Tribeca. Final yr, she bought a West Village townhouse at 85 Charles Street for $11.5 million and one other at 545 third Avenue in Park Slope for $6.3 million.
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