Wave of new agents swarm NYC market amid inventory shortage
The number of new agents entering the New York City market rose 7% in May as the city continues its economic recovery, according to data analysis company Corofy
by Daniel Houston Jul 1
How to execute an effective walk-through inspection
A walk-through inspection won't uncover everything a full inspection would, but it can still help reduce buyer risk in a hot market. Here's how to make the most of it
Douglas Elliman launches new cloud-based tech suite for agents
The company's new single sign-on portal called 'MyDouglas' is a customizable and mobile-compatible platform that integrates all of the brokerage's agent resources in one place
by Lillian Dickerson May 10
Douglas Elliman's revenue and profit soar in first quarter
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
by Jim Dalrymple II May 6
Bubble trouble: How agents are managing client anxiety amid bubble talk
Today's crazy market conditions are forcing agents to have sometimes-challenging conversations about what a bubble is and what might happen in a correction
by Jim Dalrymple II May 4
How 5 top brokerages revamped their training programs
As the industry shifted in unprecedented ways over the past year, many of the country's biggest brokerages upgraded their training strategies to better serve their agents
by Lillian Dickerson Apr 30
2 top Douglas Elliman execs jump to HomeServices of America
Douglas Elliman executives Brad Loe and Steven James, the president of the brokerage's New York City operations, will help craft HSA's growth strategy
by Marian McPherson Apr 22
Douglas Elliman expands Texas footprint with Frederik Eklund
The famed Eklund Gomes Team is part of Douglas Elliman's Texas expansion and will operate out of both new offices in Dallas and Austin
by Marian McPherson Apr 21
Douglas Elliman data breach impacts thousands of New Yorkers
Douglas Elliman's property management arm suffered a data breach on April 7 that exposed residents' Social Security, driver's license and passport numbers
by Marian McPherson Apr 20
Douglas Elliman parent company invests in another proptech startup
Vector Group, which launched its proptech investment arm in March, has now added Humming Homes to its list of invested in companies
by Lillian Dickerson Apr 15
With COVID vaccine now available, the big-city condo is back in style
While the early days of the pandemic saw an exodus from major urban areas, condos and new developments in particular are now selling at record rates thanks in part to the vaccine
Compass sues REBNY, alleges conspiracy with other brokerages
Compass says the New York organization has worked with Douglas Elliman and the Corcoran Group to "thwart competitors" and "smother" competition
by Jim Dalrymple II Mar 12
Everyone is moving to Florida! Or maybe they aren't
Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida's 2020 Demographic Estimating Conference suggest the migration patterns are negligible
by Lillian Dickerson Mar 12
Just how impressive is Compass' $3.7B 2020 revenue?
The company revealed yearly revenue numbers that would make most real estate companies green with envy. But not top rival Realogy
by Patrick Kearns Mar 4
Douglas Elliman parent company launches proptech fund
New Valley Ventures from Vector Group aims to invest in startups focused on supporting a 'rapid transformation of the real estate industry for the benefit of the agent'
Global population of ultra-wealthy increased 2.4% in pandemic year
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
by Lillian Dickerson Feb 26
Douglas Elliman launches agent influencer-assisted ad campaign
The brokerage is launching a new ad campaign starting on Wednesday with the help of its celebrity agents like Fredrik Eklund, The Altman Brothers and Tracy Tutor
by Lillian Dickerson Feb 24
NYC's hottest pandemic investment properties? Condominiums in bulk
Dwindling condo sales and dropping prices as a result of the pandemic have cultivated an environment for investors to scoop up Manhattan's languishing condos from developers
by Lillian Dickerson Feb 23
Manhattan luxury market roars back to life with best week in 5 years
A total of 38 contracts for homes above $4 million were signed in Manhattan last week, a number not seen since 2016
Triplemint expands into Westchester with top Douglas Elliman team
The five-person Berkowitz Marrone Team closed more than $60M in sales in 2020
by Patrick Kearns Feb 3
'Game of Thrones' actress Emilia Clarke sells LA home at a loss
The 34-year-old English actress purchased the home in 2016 for $4.64M and recently sold it for $4.4M
The godfather of infomercials makes his greatest pitch (again)
Infomercial magnate Ron Popeil has listed his 150-acre Santa Barbara ranch for the second time in six years, after failing to sell it for $5M in 2014
by Marian McPherson Nov 17
Serhant scoops up top agents and execs from firms across NYC
Ryan Serhant's initial round of hires at his new eponymous brokerage come from prominent New York brokerages, including Douglas Elliman, Compass, the Corcoran Group and Modern Spaces
by Lillian Dickerson Nov 11
'Unlivable' New York City 'house of horrors' sells for a cool $720K
It's unclear if the new owner plans to raze or renovate the dilapidated structure
Kiss frontman Gene Simmons lists Beverly Hills mansion for $22M
Simmons and his wife Sharon Tweed bought it in 1984 for $1.35M
Power zones and Duchenne smiles: Body language tips for every agent
Practicing the use of body language while wearing a face mask can help improve an agent's ability to effectively communicate with clients during showings, experts told Inman
by Lillian Dickerson Oct 23
Sales of homes in the Hamptons priced above $5M skyrocket 291%
The median sales price in the beachfront community surged 40%, to $1.2M, compared to the same time last year, according to a new report from brokerage Douglas Elliman
by Lillian Dickerson Oct 22
Davina Potratz of 'Selling Sunset' to leave Oppenheim Group
The agent is leaving Jason Oppenheim's luxury brokerage and heading for Douglas Elliman in Beverly Hills, where she will focus on new development sales and marketing
Oh, brother! Douglas Elliman CEO's sibling jumps to Compass
Ed D’Ambrosio, who is the brother of Douglas Elliman CEO Dottie Herman, has left his sister's company to join Compass as a sales director in the Hamptons
by Jim Dalrymple II Oct 1
Lawmakers blast brokerages, agents named in 'Newsday' report
Among those who testified during a Senate hearing Thursday was Douglas Elliman’s Long Island CEO, Ann Conroy, who said the company did not discipline any of the 10 agents who allegedly engaged in discriminatory practices
by Patrick Kearns Sep 18
How Douglas Elliman's top duo rose to the peak of NYC real estate
Brothers Oren and Tal Alexander share how authentic relationships, cutting-edge data and a solid work ethic led them to the No.1 spot at Douglas Elliman
by Marian McPherson Sep 15
Justin Bieber buys Beverly Hills home for $25.8M at steep discount
Overlooking Beverly Hills in the Beverly Park neighborhood, the 2.5-acre home has gone on and off the market since 2018 and was originally listed for $42M
Infomercial magnate Phil Swift buys $20M Florida mansion
Swift made an offer on the mansion days after it hit the market, making it one of Douglas Elliman agents Devin Kay and Nick Malinosky's quickest sales
by Marian McPherson Aug 31
One foot forward: Reebok founder sells Boston-area home for $23M
The 27,000-square-foot estate, which Paul Fireman originally put on the market in 2016 for $90M, was cut in price several times and last listed with an asking price of $33M
NY State will hear from agents in discrimination probe next month
All but Ryan Gorman originally ignored the State Senate's earlier request to speak on the 'Newsday' report into housing discrimination
by Patrick Kearns Aug 25
John Legend and Chrissy Teigen list Beverly Hills home for $23.95M
The news came not long after the couple announced that they're awaiting their third child
'Golden Girls' home sells for $1M above asking price
'I knew there were a lot of "Golden Girls" fans in the world but I had no idea there were this many,' said listing agent Rachelle Rosten told The Wall Street Journal
Social media influencer drops $24.5M on flashy Miami mansion
Douglas Elliman agents Eloy Carmenate and Mick Duchon represented both the sellers and the buyer