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 together with her, Glazer is bringing three members of the crew 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 most important brokerage within the nation with greater than 300,000 brokers and franchisees.
Among the many causes for her departure, Glazer mentioned 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 mentioned that elevated business consolidation has created lots of “sameness,” which has pushed a number of brokers to her agency.
“Generally when it will get too huge — and that works for some folks — however brokers can get misplaced within the sauce,” Freedman mentioned on stage. “You need to have the ability to discuss to your supervisor or see what’s occurring and discuss to your colleagues.”
In an announcement, Freedman referred to Glazer’s return as “an thrilling milestone” for the agency, which has in current months nabbed a few notable New York Metropolis gamers. Earlier this 12 months, Andres Perea-Garzon left Corcoran’s top-producing Carrie Chiang Workforce to affix the agency.
A spokesperson for Compass mentioned the agency “want[es] Rachel nicely.”
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 12 months, she closed greater than $119 million in gross sales, in response to a press launch.
Earlier than leaving Compass, Glazer’s listings included a $5.4 million condominium at 49 Chambers Road and a two-bedroom unit at 108 Leonard Road, each in Tribeca. Final 12 months, she bought a West Village townhouse at 85 Charles Street for $11.5 million and one other at 545 third Road in Park Slope for $6.3 million.
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