Douglas Elliman’s Florida brokerage generated $3.6 billion in sales volume in 2017, up 34 percent from the previous year. And Chad Carroll’s team took home the top prize at the firm’s annual awards ceremony on Monday.
The Carroll Group was Elliman’s No. 1 team in 2017, closing deals that included the $12.4 million sale of a waterfront Coconut Grove house and a $21 million trade of a Manalapan mansion. He was the listing agent for both.
The Alexander Team came in at the No. 2 producing team in Florida, followed by Carmenate + Duchon Residential, the Goihman Group and the Bill and Bryan Team. Eloy Carmenate and Mick Duchon listed the spec home at 4555 Pine Tree Drive, which sold in February 2017 for $22.6 million. Oren and Tal Alexander of the Alexander Team brought the buyer for that deal.
The top five agents in Florida were Maria Mendelsohn, Steve Solomon, Raul Santidrian, Senada Adzem and Pablo Alfaro. Mendelsohn, a top producer in Wellington, brokered deals that included an equestrian estate Frank McCourt sold for $12 million.
At the awards ceremony at Etaru in Hallandale Beach, Fred Botwinik was also awarded top commercial agent of the year. The awards are based on gross commissions.
Nationwide, Elliman’s sales volume in 2017 was $26.1 billion, up from $24.6 billion in 2016. In California, the company closed deals totaling $4 billion last year, a 16 percent increase.
Elliman pulled in more revenue despite the slowdown in development sales by expanding to new markets, including Boston. The brokerage also opened new offices in Brickell and Boca Raton.