Compass Inc.

04/29/2024 | Press release | Distributed by Public on 04/29/2024 13:22

Renowned Laguna Beach Team, The Marcus Skenderian Real Estate Group, Return Home To Compass

April 29, 2024

Renowned Laguna Beach Team, The Marcus Skenderian Real Estate Group, Return Home To Compass

Laguna Beach, CA - April 29, 2024 - Compass, the largest residential real estate brokerage in the United States by sales volume, announces the return of one of Southern California's top small real estate teams, led by broker associate Marcus Skenderian, the five-person Marcus Skenderian Real Estate Group. A Laguna Beach native and licensed real estate broker and his team have represented over 500 individuals and families in their 17-plus years of operation with total lifetime sales of over $500 million across the landscape of the world's most desired coastal cities of Laguna Beach, Newport Beach, Corona Del Mar, Newport Coast, Crystal Cove, Dana Point, and beyond. After three years in Coldwell Banker's No. 1. office, the Marcus Skenderian Real Estate Group at Compass is moving back to Compass to strengthen its position within the fabric of the community and open a brick-and-mortar office in the heart of Laguna Beach.

"We are so thrilled to be returning to our homes right here in Laguna Beach and at Compass," said Skenderian. "Compass has the best tools and technology in the industry, allowing us to operate at efficiencies we've only been dreaming of for the past three years. Plus, we're working under an inspiring, visionary leader committed to being the best and providing the best, including an expansive, collaborative national and global network, an overwhelming support team, and an open, vibrant culture. Knowing that we are back with like-minded people committed to our business and communities feels motivating and inspires us to push the boundaries of our success. It feels so good to be back home at Compass!"

With a combined 30+ years of experience, the Marcus Skenderian Real Estate Group brings an extensive background in commercial real estate, architecture, construction, and development that complement their expertise in residential sales. This experience, an unrelenting passion for excellence, and their hands-on approach distinguish Marcus Skenderian Real Estate Group from their competition. In 2023, the team celebrated $63 million in yearly sales and had notable transactions of four oceanfront sales, including both sides of the $8.15 million sale on Gaviota in Laguna Beach; two sales on Rembrandt for over $6.2 million each, and two record sales in Mystic Hills, including the most expensive single family-empty lot sale ever recorded in Laguna Beach's history. With ambitions to surpass 2023, their best year ever, and now with the strength of Compass, allowing them to leverage their tools, network, and support and their new location, Skenderian is confident they are poised to meet or beat those goals.

A third-generation Laguna Beach family, the Skenderian name is deeply ingrained in the local Laguna community, bringing an acute depth of knowledge, history, perspective, and understanding to every transaction. The son of one of Laguna Beach's most notable architects, Morris Skenderian, and the son of one the industry's pioneers, Carolyn Skenderian, along with his background in construction, Skenderian, and his team bring a hyperlocal unique background and value. In previous years, Skenderian served as Vice-President and Director on the Laguna Board of Realtors® and as President of Laguna Beach School Power, served on several local committees and organizations, and has been a proud supporter of many of Orange County's nonprofit organizations. This intimate familiarity with the community allows the Marcus Skenderian Real Estate Group to offer invaluable insights into the local market trends, neighborhood dynamics, and hidden gems that can only be gleaned from decades of living and working within the community. At Marcus Skenderian Real Estate Group, it's so much more than real estate. It's about community, culture, and character.

"With his deep understanding of the local market and firm dedication to his community, we could not be happier to have Marcus and his team return home to Compass," said Compass Founder and CEO Robert Reffkin. "We look forward to supporting their growth."

Current Skenderian Realty Group listings include 901 Summit Drive, a four-bedroom, three-bath single-family home in Laguna Beach for $4.990 million, and 966 Coast View for $3.995 million, a rare opportunity with a design review approved plan to build on a 7,446 square-foot lot offering awe-inspiring views of Catalina, white water, and the iconic lifeguard tower and sand of Main Beach.

About Compass
Compass is the largest residential real estate brokerage in the United States by sales volume. Founded in 2012 and based in New York City, Compass provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.compass.com.
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