Grand Lux Realty, a distinguished independent brokerage with a large footprint throughout Westchester County, New York, the lower Hudson Valley and Fairfield County, Connecticut, has joined forces with eXp Realty. Michael Levy, founder of the 200+ agent powerhouse, felt the move to eXp would help his team grow in ways he couldn’t do alone.
“I love eXp’s model,” said Michael. “It has great technology, an incredible and unique strategy, and the ability for me to take my team’s business to the next level.”
Grand Lux Realty joined eXp Realty as a Mega ICON Team, which offers game-changing perks for agents, including a lowered agent cap and lower transaction fees. That means agents can reach their cap faster and earn more throughout the year.
Grand Lux Realty Is a Big Player in Westchester County
Founded in 2006 by Michael Levy, Grand Lux Realty has grown to become a prominent name in the affluent areas of Westchester County and extending its reach throughout the lower Hudson Valley, including the Bronx, Putnam, Dutchess, Rockland, and Orange Counties in New York State, as well as Fairfield County, Connecticut.
>Read why independent brokerages are flocking to eXp Realty
Specializing in single-family homes, condominiums, and co-ops, Grand Lux Realty has earned a reputation for its “Golden Glove Service” to clients and customers. In addition to residential sales, the agency also handles commercial listings and rentals.
Grand Lux Flirting With $100M in Sales a Year
Grand Lux Realty’s production numbers speak for themselves. In 2023, the agency closed $82,650,649 in sales on 168.5 units, but Michael proudly points to 2022 as the brokerage’s best year ever, with $90,097,478 in closed sales on 231 units. Michael feels by joining eXp, he will break through to that elusive threshold of $100M in sales a year.
Offices Throughout Westchester Will Consolidate
As part of the transition to eXp Realty, Grand Lux Realty’s current offices in Chappaqua, Ardsley, Mamaroneck, Somers, Stony Point, and Goshen will close by November 2024. The agency will consolidate its operations into one central location in White Plains, NY, by December 2024. This move is designed to streamline operations and enhance collaboration among the Grand Lux Realty team, ensuring that they continue to provide top-tier service to their clients under the eXp Realty banner.
Michael Levy Brings a Fascinating Background to Real Estate
Michael is a native of California, but grew up in Westchester County. He has a rich background in real estate, beginning with a fascinating set of studies at Clemson University where he ended with a bachelor’s degree in textile management, a minor in German, and a concentration in computer science. He then earned diplomas in Real Estate Investment Analysis and Building Construction Management from NYU. He applied his knowledge in various roles, from commercial leasing at Helmsley-Spear, Inc. to construction management at Lehrer McGovern Bovis. After managing a bed-and-breakfast in California and working as a residential agent in Colorado, Michael decided to start his own real estate brokerage.
In 2006, Michael and his wife Jodi founded Grand Lux Realty in their basement, with no agents or listings. Known for its generous commission splits and supportive, non-corporate environment, Grand Lux Realty is ranked in the top 5% of brokerage firms in the Hudson Gateway Association of Realtors.
Brokerage history:
- eXp Realty (2024-present)
- Grand Lux Realty, Inc. (2006-2024)
- Keller Williams, Boulder, CO (1996-1999)
- Fowler/Better Homes & Gardens, Boulder, CO (1993-1996)
- Mammoth Lodge, Manager of a 30-room Bed & Breakfast in Mammoth Lakes, CA (1990-1993)
- Lehrer-McGovern-Bovis (Construction Management) (1987-1989)
- Helmsley-Spear, Inc. (1985-1986)
