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Showbiz Real Estate Elite

Showbiz Real Estate Elite

Variety Magazine, 02/05/2015

Since forming their luxe realty company in 2011, the British partners have quickly risen to the top of their game. Gross sales for 2014 were over $200 million and they recently co-starred on season 7 of "Million Dollar Listing Los Angeles." Recent major sales include a commercial building (home to Oscar de la Renta, Chloe and the Olsen twins' store) for $30 million, a Bel-Air development deal worth some $60 million, a Beverly Hills residence for $12.9 million, the Michael Bay house in Bel-Air for $11.45 million, and properties in London and Geneva. "Having joined The Agency, 2014 has proven a highly successful year for us," Parnes says. "Our sales are up from $150 million in 2013.

Inside the Glass Houses of Hollywood Stars

Inside the Glass Houses of Hollywood Stars

Entertainment Tonight, 12/11/2014

"Celebrities can make a lot of money out of real estate," said David Parnes of Million Dollar Listing Los Angeles. "I know that Ellen DeGeneres recently purchased a house and then Sean Parker came and bought that house from her for a lot more money. I think it really does influence the price. People want to buy a celebrity house -- celebrities want to buy a celebrity house."

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