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The Real Deal Los Angeles

Douglas Elliman poaches the Sherman Team from Partners Trust

The move follows a shakeup in the resi brokerage L.A. scene
By Natalie Hoberman | October 16, 2017 11:00AM

Douglas Elliman’s Malibu office. From left: Lloyd, Shirley, and Brittany Sherman (Credit: Douglas Elliman, Steve Magner)

It’s a family affair in real estate.

New York-based Douglas Elliman, hot on the heels of acquiring local brokerage Teles Properties, has poached the Sherman Team (comprised of the Sherman family) for the firm’s Malibu and Beverly Hills offices, The Real Deal has learned.

Led by Shirley Sherman, the team includes her husband, Lloyd, and their daughter, Brittany Sherman. The trio previously served the Malibu real estate market under the Partners Trust shingle.

Shirley and Lloyd Sherman will operate out of Douglas Elliman’s new Malibu office at the Malibu Sands. Brittany will work in the Beverly Hills office.

Douglas Elliman’s latest recruit comes amid a shakeup in the residential real estate world. The firm recently made headway in the Golden State with its summer acquisition of independent brokerage Teles Properties, adding over 500 agents and 20 offices to its West Coast operation. Just a few days later, San Francisco-based Pacific Union acquired Partners Trust. And now, some seem to be jumping between the firm’s ships.

Douglas Elliman also hired Palm Springs agents Josh Reef and Erin Eckert to work out of Los Angeles earlier this month.