1. Walters | Plaxen Group joins Sotheby's for global real estate reach. 2. The team closed over $220 million in sales this year in Los Angeles. 3. Sotheby's affiliation enhances their market access and luxury branding. 4. Focus on connecting high-net-worth clients across major cities globally. 5. Walters | Plaxen's global portfolio exceeds $745 million in value.
FAQ
Why Bullish?
The high-profile affiliation with Sotheby's suggests increased market visibility and sales potential, driving growth. This move aligns with luxury real estate trends, known to boost stock performance in related sectors.
How important is it?
The affiliation with a luxury brand augments HOUS’s prestige, essential for attracting high-net-worth clients. Such affiliations often translate to improved sales metrics, directly influencing stock price.
Why Long Term?
Increased brand strength and global market access signify sustainable growth avenues for HOUS. Historical examples like luxury market booms show that strong brand partnerships can yield prolonged sales increases over years.
Walters | Plaxen Group Joins Sotheby's International Realty; A Major Leap in Luxury Real Estate
Beverly Hills, CA — In a landmark move for luxury real estate, Shauna Walters and Nicole Plaxen, the prominent duo behind Walters | Plaxen Group, have joined forces with Sotheby's International Realty. This collaboration is designed to reflect the evolving dynamics of global wealth migration, facilitating innovative and expansive real estate transactions across international borders.
Stellar Year Preceding the Transition
The partnership announcement comes on the heels of an extraordinary year for Walters | Plaxen Group. In 2025 alone, the team achieved significant sales milestones, including:
- The Melhill Estate: Sold for an impressive $53 million, marking the highest transaction in Brentwood in five years.
- 1414 Donhill: A rapid transaction of $32 million completed in just one day to Fashion Nova CEO Richard Saghian.
- Sir Anthony Hopkins' Malibu lots: Sold in a deal totaling $6.115 million.
This year, Walters | Plaxen Group has generated over $220 million in sales across Los Angeles and manages an expansive international portfolio worth approximately $745 million, which includes luxury properties spanning Phuket, Miami, and Las Vegas.
Strategic Alignment with Sotheby's International Realty
Shauna Walters emphasized the strategic importance of this collaboration, stating, "Sotheby's International Realty has built a global ecosystem unlike any other, one that mirrors exactly how our clients live, invest, and move." Walters added, "As wealth expands across continents, we're expanding with it."
Nicole Plaxen also highlighted their clients’ expectations, stating, “Our clients expect scale, discretion, and global fluency. This next chapter is about unlocking new markets, connecting high-net-worth buyers and sellers across cities, and raising the bar for what modern luxury real estate service looks like."
The Sotheby's International Realty Advantage
Joining Sotheby's International Realty allows Walters | Plaxen Group to leverage a vast network and sophisticated marketing tools. This partnership is set to enhance their outreach, enabling them to serve clients in key markets including Los Angeles, Miami, Las Vegas, and Asia.
Cristian David, Executive Vice President of Sotheby's International Realty for Southern California, remarked, "Shauna Walters and Nicole Plaxen represent the future of luxury real estate, where borders disappear and opportunity is truly global.” He further added, “At Sotheby's International Realty, we share their vision of a world where high-net-worth clients move seamlessly between markets.”
About Walters | Plaxen Group
Shauna Walters and Nicole Plaxen lead one of the most influential teams in luxury real estate, boasting over 20 years of combined experience and involvement in more than $1 billion in sales. The eight-member team is known for record-breaking transactions, including:
- The $53 million sale of The Melhill Estate.
- The $32 million sale of 1414 Donhill.
- A noteworthy off-market sale of a $48 million equestrian estate in Brentwood.
Having worked with elite clientele across various significant markets, Walters | Plaxen Group has earned a reputation characterized by strategic excellence and high-caliber service.
About Sotheby's International Realty
Founded in 1976 as a service for discerning clients of Sotheby's auction house, Sotheby's International Realty has expanded to over 1,100 offices across 86 countries and territories. The partnership with Anywhere Real Estate Inc., a subsidiary of NYSE: HOUS, has further solidified Sotheby's reputation as a leader in luxury real estate. The brand’s extensive network and resources make it a formidable player in today’s global real estate market.