Douglas Elliman posts mounting losses, declining revenue in Q3

The New York-based brokerage reported consolidated revenues of $251.5 million in Q3, a drop from the third quarter of 2022 when it tallied $272.6 million in revenue, according to an earnings call Wednesday. Continue reading

Richard Hottinger and team return to Douglas Elliman after 7 years

Hottinger, whose team was previously affiliated with Corcoran, returned to Elliman to gain a firmer foothold in Miami and for development project opportunities, he told Inman exclusively. Continue reading

Eklund-Gomes renews 5-year contract with Douglas Elliman

While several other high-powered teams have left Douglas Elliman this year, Fredrik Eklund, John Gomes and Julia Spillman have decided to stay with the New York City-based firm for another five years. The group’s 90 agents have completed $4 billion in … Continue reading

Douglas Elliman to expand into nation’s capital

Brokers and co-Presidents Ruth Boyer O’Dea and Evan Lacopo, both formerly of TTR Sotheby’s International Realty, will lead the three new locations in Washington, D.C.; Arlington, Virginia; and Bethesda, Maryland. Continue reading

The luxury market in 2021: sky-high prices, scandals and acquisitions

The luxury housing market had a strong year in 2021 as high-net-worth individuals continued to buy and sell homes at a quick pace. The market saw big acquisitions, eye-popping deals and exciting new trends. Continue reading

Douglas Elliman sets up shop in Texas

Douglas Elliman announced on Tuesday a partnership with Sudhoff Companies, a nine-year-old Houston, Texas, brokerage that specializes in luxury residential sales and marketing. Continue reading