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. Continue reading

Private Palm Beach island to sell for $90M in off-market deal

The same developer who took on the demolition of Jeffrey Epstein’s Palm Beach mansion is slated to buy a private island with plans to renovate and expand the property. Continue reading

Demolition underway at Jeffrey Epstein’s ‘house of horrors’

Months after a real estate developer agreed to buy it for the land value, demolition crews have already started to raze convicted pedophile Jeffrey Epstein’s Palm Beach mansion. 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

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. Continue reading

Palm Beach estate sells for $94M

The estate was previously owned by the billionaire Ziff family, and took at least two price drops over the course of six years to sell. It was one of the priciest real estate listings in the U.S. Continue reading

5 lessons real estate agents can learn from luxury hotels

Stand in the foyer of any luxury hotel, and you’ll feel it: the assurance that while you may not be at home, you’ve certainly arrived. The best hotels are a place to rest and to indulge, to be surprised and delighted. Continue reading

The keys to managing in vacation hotspots

So-called ‘resort marketplaces,’ can be tough to manage for agents with the seasonal ebbs and flows. These markets are far from your traditional year-round homes in the suburbs and it could lead to a lot of months of inactivity if you don’t know how to… Continue reading