Kramer had been with the boutique Beverly Hills agency since 2005 and was promoted to president in 2023. The highest producer brings the six-person David Kramer Group with him to Compass.
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As brokers proceed to alter allegiances in a post-settlement panorama, prime producer and the previous president of Hilton & Hyland David Kramer has left the boutique Beverly Hills agency for Compass.
Kramer and his group have closed over $1.7 billion in profession gross sales and maintain $316.725 million in lively listings. Along with his transfer to Compass, Kramer additionally brings his six-person group, the David Kramer Group, Compass mentioned in a press launch.
David Kramer | Credit score: Neue Focus
Kramer cited Compass’ sources and tradition as causes for becoming a member of the agency.
“This move is about growing my business with a brokerage that has a vibrant and innovative vision,” Kramer mentioned in a press release. “Compass has set new standards in the industry with its vast reach, collaborative culture and best-in-class technology. I’m thrilled to join this dynamic team and contribute to its ongoing success.”
Kramer has greater than 20 years of business expertise and has persistently been a prime producer in LA County, touchdown on lists of the High 20 Luxurious brokers in Los Angeles County by The Actual Deal and the LA Enterprise Journal’s Leaders of Affect: Residential Actual Property Brokers 2024, amongst others.
With Kramer, his accomplice Andrew Buss, JD, MBA, additionally joins Compass. Buss’ specialties in legislation and finance assist the group present “strategic insights and comprehensive solutions” to purchasers, the agency mentioned.
Robert Reffkin | Credit score: Compass
“We are excited to welcome an industry leader like David to Compass,” Robert Reffkin, Compass’ CEO and founder, mentioned in a press release. “David and his team’s expertise and commitment to excellence for their clients pair well with the culture we have built, and I am excited about what we can accomplish together.”
The posh chief had been affiliated with Hilton & Hyland since 2005 and was elevated to president in early 2023 as successor to the late Jeff Hyland, who handed away from most cancers in 2022. On the time, Kramer’s promotion to president was seen as a technique to stabilize Hilton & Hyland, which went by way of a tumultuous interval after Hyland’s dying as greater than 50 brokers left the agency with prime producer Drew Fenton, who then launched Carolwood.
Kramer is understood for representing plenty of iconic and distinctive estates over the course of his profession. Certainly one of his most notable gross sales was that of LA’s Spelling Manor, which has damaged a number of information for priciest sale all through LA. When Kramer represented the customer of the property in 2011, the property offered for a record-breaking $85 million.
Kramer additionally has intensive expertise working in trusts and property gross sales, bringing one other stage of service to his purchasers.
“Joining Compass and partnering with its luxury division is an exciting opportunity to be part of a brokerage that is redefining the luxury real estate experience,” Kramer mentioned in a press release.
“The support Compass Luxury provides through its dedicated division that caters specifically to high-net-worth clients and premier properties were factors that inspired my move. I’m excited to contribute to and build on its momentum, helping deliver the exceptional service and expertise that have made Compass a leader in the luxury sector.”
Correction: Earlier gross sales figures and listings attributed to David Kramer alone are additionally attributed to the David Kramer Group.
E mail Lillian Dickerson
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