There’s another shakeup coming to the high-end Los Angeles real estate playground. Industry sources tell Dirt that top luxury agent Tomer Fridman has left his Compass brokerage home for Hilton & Hyland, the Beverly Hills-based boutique firm known for its long list of celebrity clients and for representing many of the area’s trophy estates.
License information on the Bureau of Real Estate’s website confirms Fridman and his team are no longer affiliated with Compass, with their brokerage address newly switched to Hilton & Hyland’s Canon Drive offices.
“Hilton and Hyland, as a firm, holds a strong alignment with my desired trajectory as it embodies sophistication and momentum.” Fridman said in a statement, adding that “I am thrilled to begin this next chapter as an evolution of my brand and as a way of honing my skills to continue to bring the best I can to my clients and business.”
Perhaps best known as the longtime go-to realtor for many members of the Kardashian-Jenner family, Fridman joined Compass in 2017, operating out of the company’s Calabasas office. In recent years, the L.A.-raised agent has significantly expanded the scope and scale of his business, branching out to broker some of the Southland’s most expensive homes from the San Fernando Valley to the Platinum Triangle. He is regularly included in Variety’s annual roundup of Showbiz Real Estate Elite.
According to a January press release, 2020 was the biggest year of Fridman’s career, notching $540 million in total sales volume. Highlights include the $88 million sale of the fabled Owlwood estate in Holmby Hills, part of the Viewpoint Collection portfolio, and the $60 million off-market transfer of an unfinished Bel Air compound. He also handled the sale of Khloe Kardashian’s $15 million mansion, which ranks as most expensive Calabasas home ever sold.
Per their website, the Fridman Group has more than $1 billion in current listing volume. Notable offerings include Eva Chow’s $65 million South Mapleton Drive estate, a $38 million Calabasas mansion, a $28.5 million home above the Sunset Strip, plus Tristan Thompson’s Encino home, listed at $8.5 million.
“Tomer has class and carries himself without ego,” noted Hilton & Hyland president Jeff Hyland. “His encyclopedic knowledge will take him to the next level and we couldn’t ask for a better agent to participate in our firm’s success.”
Fridman’s departure marks a notable and rare loss for Compass, the Softbank-backed, tech-oriented brokerage that has been on an unstoppable agent acquisition tear over the past several years, wowing onlookers with its rapid, seemingly endless growth. Headquartered in New York, the firm launched its L.A. operations in late 2015 and now counts more than 4,000 agents across Southern California to its ranks.