Referal networks key to serving affluent clients in faraway markets

Affluent millennials and Gen Xers looking to buy second and third homes in distant markets are an opportunity for global luxury brokerages. Continue reading

The 3 moments that made Douglas Elliman’s new CEO, Scott Durkin

From buying an apartment to a meeting with Barbara Corcoran in Manhattan, Scott Durkin shares three moments that steered him on his path to success. Continue reading

Dottie Herman steps down as Douglas Elliman CEO

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. Continue reading

Richard Ferrari named new CEO of Douglas Elliman New York

Former CEO Steven James departed in April for Berkshire Hathaway’s HomeServices of America. Continue reading

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 will integrate all of the brokerage’s agent resources into one place. Continue reading

Douglas Elliman parent company invests in another proptech startup

Vector Group, which launched its proptech investment arm in March, has now added the New York-based tech-enabled home management service Humming Homes to its list of invested in companies. 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

HouseCanary CEO: ‘70% of all transactions will be automated’

Douglas Elliman CEO Scott Durkin, however, slammed HouseCanary for ‘wanting a piece of our commission’ during an Inman Connect panel. Continue reading

Next stop: The opportunity market

Conventional wisdom suggests the market will continue to favor sellers, at least for another year, but Douglas Elliman President Scott Durkin has another name for it: Opportunity. Continue reading