Bragi Sigurdsson (BragiMiami.com, Getty)
Douglas Elliman broker Bragi Sigurdsson remaining the firm to launch 4 Corners Actual Estate in Miami, backed by the white-label brokerage Side.
Sigurdsson, who joined Elliman in 2017 from A single Sotheby’s Global Realty, claimed he was preparing to open his individual business when he discovered about Side. The undertaking capital-backed Facet, led by Dude Gal, handles the again conclude for brokers who very own their personal businesses.
“I experienced read about their set up, working as a spouse and helping you build your business,” he explained. “I’m an lively trader and pretty truthfully I delight in being a motivator and helping people today expand their business enterprise.”
The Alexander Workforce, led by top rated brokers Oren and Tal Alexander, still left Elliman this calendar year to start Formal Partners, also backed by Facet.
Sigurdsson, who stated he closed about $30 million in dollar quantity past yr, is also an trader, purchasing into some of the properties his shoppers purchase. (Sigurdsson just lately marketed 48 models at Biscayne 21 in Miami’s Edgewater to Two Roadways Development, which ideas to knock the making down and make a new luxury condominium project on Biscayne Bay.) He reported he’s closed about $70 million in greenback quantity so much this yr.
The Iceland indigenous started his actual estate vocation in Miami in 1999, according to a press launch. He’s holding his place of work at Grove at Grand Bay in Coconut Grove, having in excess of the lease from Elliman, and designs to carry on focusing on luxury condominium product sales.
San Francisco-based mostly Aspect, which has aided start additional than 400 companies, typically can take a 10 % reduce of commissions. If companions opt for to go away within their initial two a long time, Aspect keeps their makes.
The business arrived at a valuation of $2.5 billion last calendar year, and traders incorporate Tiger World Management, ICONIQ Money and Trinity Ventures. It expanded to Florida virtually 3 years in the past.