The New York-based luxury real estate brokerage reported consolidated revenues of $272.6M in third-quarter earnings Thursday, compared to $354.2M over the same period in 2021
Jonathan Stein's team was ranked BHS's No. 1 Flatiron office real estate team in 2021, bringing in over $100M in closed or pending contracts. 'Jonathan's record of achievement speaks for itself'
Douglas Elliman's revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its 3rd earnings report as a public company
The complimentary platform 'Elliman Showroom' will combine the services of a personal assistant with a dashboard of recommended vendors to help clients with the move-in process
Moeser has 30 years of experience in the luxury residential realm and most recently served as executive director at Christie's International Real Estate for about 17 years
The brokerage saw its revenues increase 13.2% compared to the same quarter last year, spurred mainly by the luxury market
The earnings report is its first as a stand-alone publicly traded company. Douglas Elliman's spinoff from its parent company was seen as a strategic boon to woo investors
If approved by the FTC and Vector Group's board, Douglas Elliman's shares would trade under the ticker 'DOUG' on the New York Stock Exchange
The industry veteran was attracted to Compass' tech-forward approach. He brings with him 3 team members from Douglas Elliman
From buying an apartment to a meeting with Barbara Corcoran in Manhattan, Scott Durkin shares the 3 life moments that steered him on his path to success
Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years
Former CEO Steven James departed in April for Berkshire Hathaway's HomeServices of America
The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020
The company revealed yearly revenue numbers that would make most real estate companies green with envy. But not top rival Realogy
The annual Wealth Report, which will be jointly released by Douglas Elliman and Knight Frank in March, also projects prices could increase up to 7% in key luxury markets in 2021