The merger brings in Katy Thielke Straser’s seven-person team and enables Jones Fridman International to expand its market territory into Northern California. The team’s current career sales are approximately $25 billion.
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Compass’ Jones Fridman International, a recently formed team led by top luxury agents Sally Forster Jones and Tomer Fridman, has expanded its operations into Silicon Valley by merging with Compass’ Straser Silicon Valley team. the real deal reported Thursday.
The merger brings in Katy Thielke Straser’s seven-person team and allows Jones Fridman International to expand its market territory into Northern California. The combined team now has 45 agents and approximately $25 billion in career sales.
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“We sell properties for $10 million, $20 million, $100 million, and a lot of them are from the north,” Tomer Fridman told us the real deal. “When we started looking for a partner, Katie kept bringing up the level of service and her team’s performance in the luxury market. There was no doubt that this would be our partner for the North.
Jones Fridman International is also led by Isidora Fridman, who co-founded The Fridman Group with her son Tomer, He is also a founding partner of Israel Sotheby’s International Realty.
Thielke Straser co-founded Straser Silicon Valley in 2020 with Virginia Nicoletti, head of operations at Compass.
The combined team will focus on Menlo Park (where Strether’s team will be based), Palo Alto and Atherton. High-end neighborhoods often attract tech executives and international buyers, Strether said. In fact, billionaire software engineer Marc Andreessen recently listed his Atherton mansion for about $33.5 million.
This expansion and merger is the first step in the team’s further expansion into the world’s top luxury real estate markets, which will eventually include New York, Miami, Nashville, Montecito, Orange County and Aspen.
“For us, the key is luxury,” Friedman said the real deal. “We are not just looking to expand. We want to increase the size of the country’s main luxury market.
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