SAN FRANCISCO & LOS ANGELES – (BUSINESS WIRE) – Avenue 8, the trade’s solely mobile-first residential actual property agency, right this moment introduced that revered actual property icon Alan Lengthy will be a part of the corporate as Managing Director in Los Angeles. On this function, Lengthy will proceed to broaden Avenue 8’s presence within the higher Los Angeles space. Lengthy’s appointment follows his DBL associate, actual property luminary Nick Segal, who just lately joined Avenue 8 as managing director for Southern California.
“For the previous decade, I have been approached by nearly each actual property agent in Los Angeles – however what everybody has been lacking is a brand new or totally different method in order that brokers find yourself having the identical instruments that value them each money and time,” mentioned Alan Lengthy, Managing Director of 8 Avenue in Los Angeles. “Once I heard about Avenue 8, it simply made sense – the trade is transferring away from brick and mortar, and brokers should not need to bear the price of overheads that they do not reap the benefits of. Making transactions as straightforward for brokers as shopping for on-line and serving to them preserve extra of their hard-earned fee attracted me to the corporate and I sit up for rising our workforce and presence in Los Angeles . ”
Lengthy based DBL in 1987 and supported greater than 800 actual property brokers earlier than accompanying the corporate on its acquisition by Sotheby’s in 2004. He then served as President of Sotheby’s in Southern California and monitored $ 6 billion in annual gross sales earlier than becoming a member of RSR Realtors in Park Metropolis, UT. based. Lengthy turned his ardour for actual property right into a dedication to the homeless in the area people, shopping for and donating a facility to Chrysalis, a nonprofit that helps deprived individuals discover work. There he established an agent profit-sharing program that raised tons of of 1000’s of {dollars} for these in want and presently serves on the Chrysalis board of administrators. As well as, Lengthy developed and transformed residential buildings in South Central LA into studying facilities and provided free lease to native lecturers in change for tutoring for the residents’ kids. He is a vital contributor to Flights to Freedom, a non-profit group that flies animals from overcrowded animal shelters throughout the nation into properties without end. Lengthy can be the recipient of the Better Los Angeles Realtors Affiliation’s Lifetime Achievement Award.
“Alan is a visionary chief with unparalleled trade data and expertise, and we’re excited to welcome him to the Avenue 8 workforce,” mentioned Co-Founder Justin Fichelson. “Having constructed some of the acknowledged actual property brokers within the nation and skilled 1000’s of brokers to thrive on this market, Alan has been an unimaginable addition to our firm at a key level of development.”
Avenue 8 has seen unprecedented natural development and agent demand since its launch and launch within the Better Southern California space final 12 months, with over 100 brokers and almost half a billion residence gross sales by means of its platform. This announcement follows a number of high-performing groups who left aggressive brokerage companies like Facet and Compass – together with Vary Properties and Rubel Ashman Group, respectively – in favor of Avenue 8’s providing. The brokerage will proceed to develop into extra nationwide markets later this 12 months, together with New York Metropolis and Miami.
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Avenue 8 is a brand new breed of actual property brokerage – one which simplifies and enhances the expertise for brokers, patrons, and sellers. Via intuitive expertise, built-in providers, and responsive human help, Avenue 8 supplies the instruments to handle actual property transactions with radical effectivity and provides brokers the liberty to work the way in which they need. Additional data may be discovered at: https://www.avenue8.com/.
