Trending

Top Keller Williams agent defects to Corcoran

Raphael Sitruk teaming up with two Francophones departing Compass for new team

Raphael Sitruk, Michael Hania and David Mayer (Jonathan Grassi, iStock)
Raphael Sitruk, Michael Hania and David Mayer (Jonathan Grassi, iStock)

UPDATED, June 17, 2022, 1:30 p.m.: A top Keller Williams agent has headed to Corcoran to form a team he hopes will become an international powerhouse.

Raphael Sitruk, the second highest-producing broker at Keller Williams last year, is forming The MSH Team at Corcoran with David Mayer and Michael Hania of Compass.

Sitruk brings $50 million in listing inventory to Corcoran, including 431 Broome Street in Soho, the boutique Broome Hotel with an asking price of $16.9 million. He’s generated $130 million in sales across his career.

Mayer and Hania, who until 2020 was a recruiter at Compass, have a combined $140 million in lifetime sales. Mayer is returning to Corcoran after leaving the firm in 2019.

The trio, who all speak French — Sitruk and Hania are from France, while Mayer is from Montreal — are looking to expand their clientele across North America and Europe.

“Having leads in two different continents, you have a rolodex that is stronger,” Hania said.

Sign Up for the undefined Newsletter

Read more

Compass' market cap is now under the amount the resi brokerage raised from VCs and in its IPO (Masayoshi Son/Getty Images, iStock/Photo illustration by Steven Dilakian)
Residential
New York
Compass is now worth less than it raised from investors
Prison, Broker
Residential
New York
Broker sentenced over exploiting 91-year-old for $8.5M in mortgage loans

Mayer and Hania’s move comes in the wake of layoffs at Compass, but they said their decision was based on their relationships with one another and Corcoran’s status as the largest brokerage in New York City.

“There is a very important side of this new team; that we are friends and we know each other and we trust each other working together,” Sitruk said.

Compass and Keller Williams have both experienced shake-ups as of late.

Compass earlier this week announced it was laying off 10 percent of its staff as a result of slowing market conditions, inflation and increasing interest rates. The cuts come just a month after the company reported a first quarter loss of $188 million, up 25 percent from the same period a year ago.

Keller Williams recently changed CEOs, with Compton-Disla taking over at the head of the firm for Lauren Balbuena, who took a position with Sotheby’s International Realty.

An earlier version of this story incorrectly described David Mayer as being from Toronto. 

Recommended For You