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Over the last two years the recruiting of top talent has grown into one of the dominant stories in real estate, and this week both Compass and eXp Realty showed why: The two upstart brokerages just added star agents to their ranks.

At Compass, the company announced this week that it recruited Tom Postilio and Mickey Conlon. The two men are based in New York City and, according to a statement, have done $3 billion in volume over the course of their careers.

Postilio and Conlon maintain a star-studded client list that includes entertainers such as Barry Manilow and Liza Minnelli and have appeared on television themselves in shows such as HGTV’s “Selling New York.”

Tom Postilio, left, and Mickey Conlon. Credit: Tom Postilio and Mickey Conlon

Just last month, for example, Compass revealed that Mollie Poe and Declan Hickey in the Bay Area had boomeranged back to the brokerage after a stint with Side.

And in January, eXp announced that it had picked up the Austin-based Mike Seder Group.

Both eXp and Compass also reported earnings last month and revealed that, despite the tougher times, they’ve managed to grow their agent head counts.

How the year ahead impacts the battle for talent remains to be seen; most industry leaders expect mortgage rates to fall in 2024, and envision inventory rising. But as this week’s recruiting news shows, for now at least, the competition for top industry talent is not abating.

Email Jim Dalrymple II

Compass | eXp Realty
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