Carolwood Estates has snagged Los Angeles luxury brokers James Harris and David Parnes from The Agency.
The founders of Bond Street Partners, who starred on “Million Dollar Listing Los Angeles” for seven seasons until two years ago, have jumped ship for the boutique brokerage based in Beverly Hills, according to The Hollywood Reporter.
Harris and Parnes, who broker between $500 million and $600 million a year in luxury home deals, had long served The Agency, co-founded in Beverly Hills by Mauricio Umansky of “Buying Beverly Hills” and “Real Housewives of Beverly Hills.”
The duo represented Formula 1 heiress Petra Ecclestone in the sale of her Holmby Hills mansion in 2019 for $120 million, among the priciest home sales in the U.S. They’ve also represented entertainment and sports stars such as Rihanna, Carey Mulligan, Demi Lovato, Big Sean and Kevin Durant.
Now they’re hanging a shingle at Carolwood Estates, founded in 2022 by Drew Fenton, Nick Segal and Ed Leyson.
At their new office, they’ll join such luxury real estate power brokers as Linda May, Brett Lawyer, Jonathan Nash, Stephen Resnick, Susan Smith, Marci Kays, Jonathan Mogharrabi and Jonah Wilson. Many Carolwood agents formerly worked at Hilton & Hyland.
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Harris and Parnes, while lauding their time at The Agency, didn’t say why they chose to leave the firm for Carolwood. Terms of the arrangement were not disclosed.
Listings by Carolwood include an 8.4-acre estate known as Casa Encantada, with a 60-room mansion at 10644 Bellagio Road, in Bel-Air, for $195 million, after a $55 million drop in the asking price.
— Dana Bartholomew