Top Real Estate Brokerages in Miami
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- 7 min read
- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you’re looking to sell your Miami home, one of the best tools you can add to your arsenal is partnering with a trusted local real estate agent. The real estate market in Miami is competitive, and selling a home is a complex process.
A trusted local agent with a top real estate brokerage in Miami can help you demystify the process and get you the best value for your property when it hits the open market.
As of October, the average number of days on the market in Miami—that is, the time it takes for a home to sell once it has been listed—is 61. Homes typically sell for a median of $573,750, a 2.1% increase from the previous year.
This guide will provide you with a list of local trusted agents in your area from top brokerages or real estate companies in Florida, along with some alternatives to consider, particularly if you need to sell your home fast.
Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of specific companies or individuals should not be considered endorsements.
What is a real estate brokerage?
Real estate brokers are professionals with additional training and are licensed to run their own businesses, called brokerages. Agents without a broker’s license must work under a brokerage to legally buy or sell property and typically do so as independent contractors. Most brokerages make money by taking a portion of the agent’s commission from each successful transaction.
Since brokerages profit from agents’ success, it’s in a brokerage’s best interest to support its agents. For sellers, it’s important to consider the kinds of support that a brokerage provides its agents.
This support can often include training, access to large marketing networks, the latest technology, or a large support staff.
Why work with an agent?
There are several reasons why you should consider working with a real estate agent when selling your home rather than selling on your own.
One of the biggest reasons is that selling your home “for sale by owner” will typically net you less overall profit than selling through an agent—23.5% less on average, according to the National Association of Realtors. FSBO homes sold for a median price of $310,000 last year. In comparison, homes sold with the assistance of a real estate agent had a median sale price of $405,000. That’s a difference of $95,000.
Additionally, a real estate agent can help you get more money for your home sale but can also help you wade through a lengthy and complicated sales process.
An agent is an advocate for you and your property, and they can provide insight into their local market or assist you in finding a real estate attorney who can deal with any unexpected complications that might occur.
- Have you sold homes in this area and my price range before?
- How many homes have you sold in my neighborhood in the past year?
- How will you help me prepare my home to sell?
- Will I be working with you directly or with a team?
- What are the average days on market for your listings?
- What is your average list-to-sales price ratio?
- How long have you been an agent?
- How many homes do you help buyers purchase each year?
- Do you work full-time or part-time as an agent?
- Do you work with both buyers and sellers?
List of Top Brokerages in Miami
Not all brokerages and agents are created equal, and there are countless options to choose from. Rather than wade through an endless list of companies, we’ve compiled a list of some of the top real estate brokerages in Miami, along with some top real estate agents, for you to consider on your home-selling journey.
Compass
Founded in 2012, Compass has been one of the largest U.S. residential real estate brokerage by sales volume for three consecutive years, with $184 billion in 2023, according to RealTrends.
Headquartered in New York City, Compass operates over 300 offices across 72 markets, with a strong presence in major metros. Compass has around 14,689 principal agents.
Teresa Santana is a top real estate agent with Compass, serving Miami and surrounding areas. Teresa has over 20 years of experience and is the team leader of The Santana Group, which has been in business since 2003.
eXp Realty
eXp Realty, founded in 2009, is one of the largest brokerages by transaction sides and agent count, with 355,052 sides and over 87,000 agents globally in 2023, according to RealTrends. Headquartered in Bellingham, Washington, it operates in the U.S. and 23 other countries.
Denise Madan is a HomeLight Elite Agent with eXp Realty. HomeLight Elite Agents are in the top 1% of HomeLight, providing expert service and consistent results. Denise has 25 years of experience in the real estate industry, serving customers across Miami and surrounding areas.
RE/MAX Advance Realty
RE/MAX Advance Realty is a brokerage based in Miami, FL. They are a RE/MAX affiliate with 135 active licensed agents across 6 total residential sales offices. They serve clients in Florida.
Ileana Rodriguez is a top real estate agent with RE/MAX. Ileana has over 40 years of real estate industry experience, serving customers across Miami and surrounding areas. Ileana is also an expert in single-family home transactions, having worked with 86% more single-family home transactions than the average Miami agent.
ONE Sotheby’s International Realty
ONE Sotheby’s International Realty is a brokerage based in Miami, FL. It is a Sotheby’s International Realty affiliate and has 1443 active licensed agents across 31 residential sales office(s). ONE Sotheby’s International Realty serves clients in Florida.
Denni Jordan is a top real estate agent with Sotheby’s and has over 20 years of experience. She serves clients in Miami and surrounding areas, such as Boca Raton. Denni is an expert in townhome and condominium transactions.
HomeLight’s Buy Before You Sell Program
Let’s say you’re ready to sell your current home, but your dream home pops up unexpectedly. You don’t want to wait for your current home to sell as you might miss out on a great opportunity, so what can you do?
Enter HomeLight’s Buy Before You Sell Program. This program lets you leverage the equity in your existing home so that you can move into your new forever home without delay.
Here’s a quick look at how it works:
Ready to sell your Miami home?
Selling your home can be a scary and complicated process, but don’t worry—HomeLight is here to help.
Whenever you’re ready to get started, HomeLight can connect you with a top real estate agent in your local Miami market. We’ll help you find the best agent in your area—one equipped with the expertise to build a selling strategy that works best for you, whether you’re selling an inherited home or relocating for your next journey as a homeowner.
Header Image Source: (Hector Falcon/ Unsplash)