Santiago Arana is a real estate agent who has a net worth of $30 million as of 2022.
A residential real estate salesperson named Santiago Arana has been cast in the new Netflix series Buying Beverly Hills 2022. He is getting ready to take his people-pleasing abilities to the big screen.
He joined The Agency on the Westside in 2014 and has experience in the real estate industry. Furthermore, he serves as the Beverly Hills Agency’s managing partner. A brand-new reality T.V. program called “Buying Beverly Hills” just made its debut on the streaming behemoth Netflix.
The series will highlight the finest of L.A. real estate and focus mainly on Mauricio Umansky’s The Agency and the individuals who contributed to its success. Buying Beverly Hills will introduce viewers to a large group of staff employees who work with Mauricio and his daughters in addition to them.
Santiago Arana, the Principal and Managing Partner at The Agency, is one of them. Arana has closed several billion-dollar deals in the business, making him the nation’s sixth-best real estate agent.
However, there are no fires without smoke because Santiago repeatedly demonstrated his worth by converting the $120 he had in his wallet into $4 billion worth of property. The estate broker made his debut in the third episode, when Arana’s coworker and friend, Joey, facetiously referred to him as God, despite all the excitement around his name. Arana and Joey were cooperating to market the home owned by Joey’s family in one of Hollywood’s luxurious areas.
One can explore the realtor on Instagram under his username @santiagoarana. Now, Santiago has more than 37.8K followers and uploaded over 1600 posts to his account.
He mostly posts pictures of his real estate and the sales he has made on his profile to keep his followers updated about the prices of his sales.
Santiago Arana’s Net Worth In 2022
As of 2022, Santiago Arana’s net worth is approximately $30 million.
He has amassed such a sizable fortune because of his excellent real estate job.
As of writing this article, the realtor has assisted in selling houses valued at over $4 billion. Furthermore, from 2017 through 2021, the realtor participated in deals totaling $2.5 billion. It could offer the reader an idea of the typical yearly sales that Santiago has been producing lately.
The purchasing and selling teams each receive a commission of roughly 5% of the selling price for houses typically sold in the Los Angeles region. Affiliates of The Agency must provide the business with 20% of their commission while keeping the other 80%.
Santiago, the protagonist of Buying Beverly Hills 2022, has an enormous net worth due to the numerous pricy transactions he has closed over his career.
The Agency, a Netflix original series that centers on his place of employment, are the source of his present notoriety. As the principal and managing Director, he has a high position inside the company.
The website states that since joining the group in 2014, the estate broker has negotiated agreements worth roughly $2.5 billion and produced a real estate income of $4 billion.
The Agency also increased its reach outside of Europe and Asia after working with Savills, a worldwide real estate consultant with an unparalleled network. Santiago’s adventure began when a relative inspired him to seek a career in real estate. By 2004, he had a license, but he wasn’t sure how to use it.
A lack of college roommates and friends caused his career to stop prematurely, but it was too late to resign. He saw that working part-time and making $30 or $40 a night was insufficient since one cannot prosper while waiting for opportunities.
Instead, to expand his network, the real estate agent knocked on doors while dressed to the nines and sat at open houses almost every Saturday and Sunday. He wished to get to know as many people as possible to expand his connections. Everything went smoothly until the 2008 market meltdown, but Santiago began worrying about his family.
When the market rebounded in 2012, Realtor Santiago made his first million dollars in commissions since the rate had only gone up.
A handful of his well-known clients include the Lakers wonder LeBron James, music icon Lady Gaga, business tycoon Jeffrey Gundlach, and others.
A few of Santiago’s notable and record-breaking deals include selling 609 E Channel for a record sum and 14180 Rustic Lane for the highest selling price ever for a property in Rustic Canyon and several others.
Santiago Arana’s Career Earnings And investments
Santiago Arana should have massive earnings from his career as a real estate agent.
He holds a bachelor’s degree in marketing and business administration. The reality T.V. star has built a network with roots worldwide thanks to his education and relationships on the global stage. He had worked as the Director of the New Construction Division before becoming a real estate agent.
On May 27, 2005, the real estate agent received his license to practice real estate in California, and he hasn’t returned since. Santiago built a solid reputation as an agent in the Los Angeles region through perseverance and hard work.
The Agency welcomed Santiago in September 2013. The following year, Arana assumed the position of Principal and Partner and assisted the company’s growth by serving as Managing Partner of the Pacific Palisades and Brentwood offices.
Along with Billy Rose and Mauricio Umansky, Santiago specializes in upscale homes and desirable districts currently under development.
For more than eleven years in a row, the realtor has been included among the Top 250 Realtors in the United States in The Wall Street Journal by REAL Trends Inc.
He got ranked by REALTORS in the top 5% of all agents globally in 2020. In addition, the estate agent was California’s third-best agent, the sixth-best agent nationwide, and the most excellent realtor west of the 405 Freeway.
Santiago Arana, now ranked as the sixth-best real estate agent in the nation, has completed billions of dollars worth of real estate transactions around Los Angeles, earning him a spot among the most eminent experts in the field.
The National Association of Hispanic Real Estate Professionals awarded Santiago the Latino Agent Award based on his sales volume for two consecutive years.
Therefore, the Los Angeles Business Journal selected Santiago two years in a row as one of the Most Influential People in Real Estate in Los Angeles.
Moreover, Arana got recently recognized by the magazine as one of the top brokers in the City of Angels. Likewise, the realtor’s accomplishments on the Who’s Brokering L.A. list got recognized.
It’s interesting to see that Santiago Arana of The Agency got interviewed by DIGS Influencers on how he transformed $120 in his pocket into $4 billion in real estate.
It also detailed how, in a classic American Dream tale, the real estate agent became wealthy while working with A-List customers worldwide after beginning as a waiter.
Reports claim that his company’s sales volume quadrupled to over $ 305 million in 2016, then grew to $420 million in 2017.
Among the most recent acquisitions by the company are a $35 million Bel Air home, a $20 million Sunset Boulevard home, a $23.8 million Beverly Hills Post Office home, a $23 million Malibu Park home, and a $23 million Santa Monica home.
Realtor Santiago Arana’s Family Background
Santiago Arana was born to his father and mother on September 18, 1983, in Sucre, Bolivia.
As of 2022, the real estate agent is currently 39 years old.
Bolivian parents raised their son Santiago Arana, who was born there. Additionally, he was said to have been born in 1980. He arrived in the country in 2003 at the age of just 23.
Few individuals know that the Agency RE agent got named after his father, Santiago Arana B. The Arana family never had a financial problem, but his upbringing was like any average child’s.
He attended the same Sucre school as his sister, but he was interested in exploring other options, so he traveled to the U.S. in quest of more chances to succeed.
He said in his interview that he had no family, close friends, or relatives when he immigrated to the country.
Nevertheless, the agent has maintained a decent relationship with his parents despite his massive fortune in real estate. He constantly updates his social media accounts with lovely pictures of his family.
He spoke candidly about the moment in an interview with Fox Business, expressing appreciation to his aunt for letting him remain with her until he could stand up for himself.
The money eventually ran out, but the real estate command of the language was shaky. The agent had no choice but to beg a relative for money, and his aunt set him up with a job bussing tables after learning of his need.
He first had no idea what the work entailed, but Arana dove to get enrolled in a free evening English education program. Arana had ignored his health because he got preoccupied with saving money. He went to the restaurant in Montecito, California, with his first salary, ordering a hearty supper.
The self-made realtor has tied marital knots with his wife, Kyle Arana, a fashion designer and prominent figure on social media. The couple were married in 2004 and had two teenage boys.
Per sources, Santiago and Kyle initially met when he was a complete nobody and working as a waiter at a restaurant.
Although she was only his girlfriend, he was aware that Kyle had altered the course of his entire life.
But dating was not as simple when she moved far to Los Angeles. Santiago continued to pursue his one remaining shot at love and spent months traveling back and forth between L.A. and Santa Barbara.
He ultimately decided to move closer to his girlfriend because the continual traveling had damaged their relationship.
Santiago and Kyle have been married for almost 15 years, and their marital bond is still unbreakable even though they share a house in Pacific Palisades with their boys, ages 10 and 12.