Who you gonna trust?
Would Josh Flagg and Tracy Tutor, cast members on the Bravo reality real estate show Million Dollar Listing Los Angeles, try to con you?
They are both highlighted as “Brand Ambassadors” of Elite 100 Agents, which claims to spotlight the top 1% of U.S. real estate agents. “Agents designated as Elite 100 members are part of a national network of the very best,” says Tutor in a promotional video for the outfit.
The problem? Elite 100 Agents is a scam.
The private organization is run by a fellow named James Espinosa out of Suite 900 at 66 West Flagler Street in Miami.
But don’t go there expecting to be ushered into Elite 100 Agents’ office with a clean, modern aesthetic that communicates success. Suite 900 is just a virtual office with live receptionist services and professional lobby greeters,something you can put on a business card.
Elite 100 Agents isn’t even registered as a business by the Florida Department of State’s Division of Corporations, something even online businesses are required to do.
“Elite 100 Agents Membership shall be limited to only 100 agents/brokers in any given geographic real estate market as per U.S. Provisional Patent #63/386,256,”the Elite 100 Agents website says. “All agents recognized as Elite 100 Agents are highly rated when measured against industry standards, including key factors such as reviews, sales and reputation for excellence.”
An email to James Espinosa requesting a copy of U.S. Provisional Patent #63/386,256 went unanswered.
So what’s required to become an esteemed member of Elite 100 Agents? A resume documenting a candidate’s academic background and real estate prowess, letters of reference, sales records, a listing of awards?
Nope.
Just pay $475 for a “Basic” membership or $675 for “Platinum” membership (“Most Popular” the site says.). Individual, group and even entire company memberships are available. There, that was easy, wasn’t it.
Basic members are promised a Personalized Plaque, a Directory Listing, access to a Discount Program, use of the Elite 100 Agents logo and their Name & Photo in The New York Times.
Platinum members are promised a Personalized Plaque, a Personalized Crystal, a Directory Listing, access to a Discount Program, use of the Elite 100 Agents logo and their Name & Photo in The New York Times.

Bonnie Heatzig, a sales associate with Douglas Elliman in Boca Raton, Fl, was so excited to be featured in a Elite 100 Agents ad in the New York Times that she posted on her LinkedIn account, “ I am elated to share I’ve been featured in The New York Times. Last Sunday, the The New York Times highlighted this year’s Elite 100 Agents. Congratulations to everyone that made the Elite 100 Agents list this year! I’d like to express my sincere gratitude to all of my clients that have trusted my expertise with their luxury real estate needs over the years.”
The Elite 100 Agents website currently lists 271 members. If they all paid $675 for the “most popular” Platinum membership, Espinosa may have already pulled in $182,925. Let’s hope the haul stops there.
But it probably won’t. These online scams just seem to proliferate like kudzu. A similar online outfit, Lawyers of Distinction, for example, claims to highlight elite attorneys, but is just a pay-to-play operation. It appears to have succeeded, however, in luring over 5,000 lawyers to pony up $475 – $775 for membership. (An expose of Lawyers of Distinction can be found here: Lawyers of Distinction: The Fraud That Won’t Die)
“There’s a sucker born every minute,” is a phrase often attributed to American showman P. T. Barnum, but it’s likely few real estate professionals have actually been duped by Elite 100 Agents, lured into believing they’ve been selected for a rare honor based on their accomplishments, when all they had to do was pay a fee.
But I wouldn’t be surprised if there aren’t clients who’ve been purposefully misled by the deception. There’s the rub.












