Luxury agent Taylor Middleton exits SERHANT. for Douglas Elliman

Described as “one to watch” by Douglas Elliman Executive Chairman Howard Lorber, Middleton will operate out of Douglas Elliman’s flagship office in Manhattan, Inman has learned exclusively. Continue reading

Compass scores 2 new Colorado agents — including a ‘boomerang’

Adana Leonard and Tommy Kanarellis — who’s returning to Compass after a stint at Douglas Elliman — focus on luxury listings and join the brokerage amid fierce competition for top agents. Continue reading

Former Douglas Elliman agent launches Miami luxury brokerage

Filippo Incorvaia served with Douglas Elliman for eight years before launching his new brokerage, FI Real Estate, with the aim of making transactions seamless for clients, he exclusively told Inman. Continue reading

NYC rent soars to all-time high — and it’s not done yet, analysts warn

The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel’s March 2023 New York City rental report. Continue reading

Cash deals hit all-time high in Manhattan as sales plummet 38%

The average sale price for a home in Manhattan fell 5 percent to $1.95 million while the median sale price fell 10 percent to $1.075 million, according to a quarterly market report by Douglas Elliman and Miller Samuel. Continue reading

The LA ‘mansion tax’ is coming, sending sellers on a sprint to April 1

To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts. Continue reading

Fredrik Eklund’s REAL Messenger to go public via Nova Vision SPAC

The transaction will have a pre-money enterprise value of approximate $150 million at closing, according to an announcement Tuesday. The deal is expected to close in the third quarter of 2023. Continue reading

Altman Brothers Team signs new contract with Douglas Elliman

The team closed the priciest sale in Orange County last year with a $55 million property in Crystal Cove and was named the No. 1 large team nationwide in the 2023 Ellie Awards. Terms of the contract were not disclosed. Continue reading

The Pinnacle Group joins forces with Douglas Elliman

The eight-person team, established by agent Elaine Bannigan, will now work out of Douglas Elliman’s new office in Wellesley, Massachusetts, the company exclusively told Inman. Continue reading

The Nassimi Group hitches its wagon to Douglas Elliman

Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume. Continue reading