Walters | Plaxen Group joins Sotheby’s International Realty

Walters | Plaxen Group Joins Sotheby’s International Realty

The Walters | Plaxen Group, led by brokers Shauna Walters and Nicole Plaxen, has officially joined Sotheby’s International Realty. This move comes after a remarkable year for the five-person team, which has established itself as a dominant force in luxury real estate.

Record-Breaking Sales Performance in 2024

According to RealTrends Verified data, the Walters | Plaxen Group closed $222 million in volume across 134 transactions in 2024. The team’s average home sale price exceeded $1.8 million, highlighting their focus on high-end properties.

Among their notable transactions in 2025 was the $53 million sale of The Melhill Estate in Brentwood, California. This sale marked the highest single transaction in the Brentwood area in five years, underscoring the group’s influence in the luxury market.

Additionally, the team secured a $32 million deal within a single day for Richard Saghian, founder of Fashion Nova. They also assisted actor Anthony Hopkins in selling adjoining properties in the Pacific Palisades, with team member Brooke Enwere leading that effort.

Expanding Global Reach and Market Connectivity

In 2024 alone, the group closed more than $220 million in Los Angeles transactions and managed an international portfolio valued at $569 million. Their affiliation with Sotheby’s International Realty is designed to enhance their global footprint and better serve their high-net-worth clientele.

Shauna Walters emphasized the significance of Sotheby’s global ecosystem, stating, “Sotheby’s International Realty has built a global ecosystem unlike any other, one that mirrors exactly how our clients live, invest and move.” She added that as wealth expands across continents, the group is poised to expand alongside it.

Nicole Plaxen highlighted the evolving expectations of luxury clients, noting, “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.”

Strategic Offices and Cross-Market Opportunities

The Walters | Plaxen Group plans to operate from Sotheby’s International Realty offices in Beverly Hills and Miami. This strategic positioning aims to facilitate increased cross-market activity between Los Angeles, Miami, Las Vegas, and Asia.

By leveraging these hubs, the group intends to connect buyers and sellers across diverse luxury markets, enhancing opportunities for clients looking to invest or relocate internationally.

Industry Recognition and Future Outlook

Cristian David, executive vice president for the Southern California region of Sotheby’s International Realty, praised the group’s forward-looking approach. He said, “Shauna Walters and Nicole Plaxen represent the future of luxury real estate, where borders disappear and opportunity is truly global.”

David also noted their ability to deliver record-breaking results while managing an international portfolio, which reflects a new era of connectivity and sophistication in luxury real estate.

Implications for Homebuyers, Sellers, and Investors

The Walters | Plaxen Group’s move to Sotheby’s International Realty signals a growing trend in luxury real estate toward global integration. For homebuyers and sellers, this means greater access to international markets and a more seamless experience when dealing with high-value properties across borders.

Investors can expect enhanced opportunities as the group’s expanded network facilitates connections between diverse markets, increasing liquidity and potential returns.

Overall, this affiliation highlights the importance of global fluency, discretion, and scale in today’s luxury real estate landscape, setting a new standard for service and market reach.

Source: https://www.housingwire.com/articles/walters-plaxen-group-joins-sothebys-international-realty/