Mercer Vine co-founder and 5 agents jump to Compass

Los Angeles /
Jan.January 31, 2018 08:00 AM
Dominic Labriola with Compass’ Regional Headquarters at 9454 Wilshire Boulevard (Credit: Mercer Vine, Google Maps)

One week after Mercer Vine abruptly closed down, its co-founder and COO has taken a job at competing brokerage Compass, The Real Deal has learned.

Dominic Labriola, the COO, is jumping to Compass, along with five former Mercer Vine agents.

The move stands in stark contrast to Labriola’s vehement denial last week that he was leaving Mercer Vine. In a brief phone interview on Jan. 25, he told The Real Deal, “My team isn’t going anywhere.” The next day the business closed down.

Along with Labriola, Compass has hired former Mercer Vine agents Jacqueline Gunn, Coley Laffoon, Brian Griffin, Spencer Payson and Elisa Baran, according to a Compass representative. Lisa Optican, a top-producing agent at Mercer Vine, left the firm for Compass last month.

Payson and Gunn confirmed the move. Laffoon, Griffin and Baran did not return calls for comment. It was unclear which Southern California office each agent will operate from.

Notably, Compass refused to hire anyone with equity in Mercer Vine, according to the company representative. Mercer Vine became entangled in the legal troubles surrounding its main backer Robert Shapiro last year. Agents have since been making calls to join other brokerages.

Two of Mercer Vine’s co-founders, Adam Rosenfeld and Kyle Giese, are said to be joining Sotheby’s International Realty, along with a top-producing agent, Justin Mandile, sources previously said.

Former N.F.L. player Morgan Trent, who also worked as an agent at the firm, joined Aaron Kirman’s team at Pacific Union earlier this month.


Related Articles

arrow_forward_ios
Dana Olmes and Jeffery Biebuyck (Getty, Dana and Jeff Luxury Homes)

This Side up: White label brokerage plucks luxury team from Compass

This Side up: White label brokerage plucks luxury team from Compass
Chris Cortazzo (Credit: Marc Piasecki/GC Images via Getty Images)

One person, three roles: Chris Cortazzo buys $20M Malibu home, serves as agent for both sides

One person, three roles: Chris Cortazzo buys $20M Malibu home, serves as agent for both sides
Nile Niami and his Bel Air spec home (Credit: Araya Diaz/Getty Images, Juwan Li and Marc Angeles)

Compass lending service sues Nile Niami over Bel Air mansion

Compass lending service sues Nile Niami over Bel Air mansion
From left: Tami Halton Pardee, Chris Cortazzo, and Kurt Rappaport (Credit: OGUT/Star Max/GC Images via Getty Images, Joshua Blanchard/Getty Images, and Anne Cusack/Los Angeles Times via Getty Images)

LA’s market makers: A ranking of top resi agents by on-market deals

LA’s market makers: A ranking of top resi agents by on-market deals
Real estate brokerages in Los Angeles and elsewhere have made shifts in their business over the last five months that could be for the long-term.

Survival of the slimmest: TRD looks at the future of the residential brokerage

Survival of the slimmest: TRD looks at the future of the residential brokerage
Kurt Wisner and Robert Reffkin (Credit: Brad Barket/Getty Images)

TRD analysis: How Compass came to dominate one of LA’s hottest neighborhoods

TRD analysis: How Compass came to dominate one of LA’s hottest neighborhoods
Tomer Fridman and Brielle Cohen (Credit: Compass and iStock)

Tomer Fridman hit with lawsuit over commission split

Tomer Fridman hit with lawsuit over commission split
Hiten Samtani, Sally Forster Jones, Santiago Arana, and Aaron Kirman

For top LA resi agents, it’s strictly posi vibes

For top LA resi agents, it’s strictly posi vibes
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...