Top Real Estate Brokerages in Los Angeles

1 month ago 19

If you’re looking to sell your Los Angeles home, one of the best tools you can add to your arsenal is partnering with a trusted local real estate agent. The real estate market in California is competitive, and selling a home is a complex process.

A trusted local agent with a top real estate brokerage in Los Angeles can help you demystify the process and get you the best value for your property when it hits the open market.

As of August, the average days on market in Los Angeles—that is, the time it takes for a home to sell once it has been listed—is 21 days. Homes typically sell for a median of $928,000, a 6.1% increase from the previous year.

This guide will provide you with a list of local trusted agents in your area from top brokerages or real estate companies in California, along with some alternatives to consider, particularly if you need to sell your home fast.

Consult With a Top-Performing Los Angeles Agent

It takes just two minutes to match you with the top-performing real estate agents in your Los Angeles market. Our data shows that the top 5% of agents in the U.S. sell homes quicker and for as much as 10% more than the average agent.

Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of specific companies or individuals should not be considered endorsements.

What is a real estate brokerage?

Real estate brokers are professionals with additional training and are licensed to run their own businesses, called brokerages. Agents without a broker’s license must work under a brokerage to legally buy or sell property and typically do so as independent contractors. Most brokerages make money by taking a portion of the agent’s commission from each successful transaction.

Since brokerages profit from agents’ success, it’s in a brokerage’s best interest to support its agents. For sellers, it’s important to consider the kinds of support that a brokerage provides its agents.

This support can often include training, access to large marketing networks, the latest technology, or a large support staff.

Why work with an agent?

There are several reasons why you should consider working with a real estate agent when selling your home rather than selling on your own.

One of the biggest reasons is that selling your home “for sale by owner” will typically net you less overall profit than selling through an agent—23.5% less on average, according to the National Association of Realtors. FSBO homes sold for a median price of $310,000 last year. In comparison, homes sold with the assistance of a real estate agent had a median sale price of $405,000. That’s a difference of $95,000.

Additionally, a real estate agent can help you get more money for your home sale but can also help you wade through a lengthy and complicated sales process.

An agent is your advocate for you and your property, and they can provide insight into their local market or assist you in finding a real estate attorney who can deal with any unexpected complications that might occur.

List of Top Brokerages in Los Angeles

Not all brokerages and agents are created equal, and there are countless options to choose from. Rather than wade through an endless list of companies, we’ve compiled a list of some of the top real estate brokerages in Los Angeles, along with some top real estate agents, for you to consider on your home-selling journey.

Compass

Founded in 2012, Compass has been one of the largest U.S. residential real estate brokerage by sales volume for three consecutive years, with $184 billion in 2023, according to RealTrends. Despite a 15.5% drop in transactions due to rising interest rates, Compass performed better than the national average decline of 18.7%.

Headquartered in New York City, Compass operates over 300 offices across 72 markets, with a strong presence in major metros. Compass has around 14,689 principal agents.

Top real estate agent Stephanie Younger works with Compass as part of the Stephanie Younger Group. Younger has over 20 years of experience and over 3,500 transactions under her belt. She sells homes 53% faster than the average Los Angeles agent.

RE/MAX of Valencia

Located in Stevenson Ranch, California, RE/MAX of Valencia has 34 years of experience and over 100 years of combined real estate expertise. They respond to requests within hours, seven days a week.

Neal Weichel is a top real estate agent who works with RE/MAX of Valencia. He has over 30 years of experience and has completed over 3,500 transactions. His homes sell for an average of $726,000.

The Agency in Sherman Oaks

The Agency in Sherman Oaks has sold over 600 homes with a sales volume of $1 billion. They ranked first in the 2019 Realtor rankings in the Valley.

Dennis Chernov is a top real estate agent in California with The Agency, with over 1000  transactions with an average price point of $1 million on homes sold.

Keller Williams – L.A. Harbor

With over 26 years of experience, they serve clients throughout Los Angeles County and beyond, specializing in the South Bay, Rancho Palos Verdes, San Pedro, and the surrounding areas.

Karen Anderson is a HomeLight Elite Agent working with Keller Williams and has over 25 years of experience. HomeLight Elite Agents rank in the top 1% of HomeLight agents. Anderson has over 1,000 transactions with an average price point of $622,000 on homes sold.

Century 21 Masters

With over 20 years of experience and over 280 closed sales, The Elmer Team is known for its exceptional expertise and dedication to client satisfaction in Southern California’s competitive housing market. Melinda Elmer is a top real estate agent in Long Beach with over 20 years of experience and over 1,500 transactions.

HomeLight’s Buy Before You Sell Program

Let’s say you’re ready to sell your current home, but your dream home pops up unexpectedly. You don’t want to wait for your current home to sell as you might miss out on a great opportunity, so what can you do?

Enter HomeLight’s Buy Before You Sell Program. This program lets you leverage the equity in your existing home so that you can move into your new forever home without delay.

Here’s a quick look at how it works:

Start Making Offers Without Waiting to Sell Your Home

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Ready to sell your Los Angeles home?

Selling your home can be a scary and complicated process, but don’t worry—HomeLight is here to help.

Whenever you’re ready to get started, HomeLight can connect you with a top real estate agent in your California market. We’ll help you find the best agent in your area—one equipped with the expertise to build a selling strategy that works best for you, whether you’re selling an inherited home or relocating for your next journey as a homeowner.

Header Image Source: (Clément Proust/ Pexels)

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