Johnathan Pach Real Estate

The Global Success of Douglas Elliman – Why the firm continues to thrive in 2022

Douglas Elliman is one of the largest residential real estate brokerages in the United States of America, the business is number one in New York and since opening its Beverly Hills headquarters in 2015, Douglas Elliman California is now the fastest growing brokerage in South California.

A firm like no other with world-wide reach and luxury expertise, Douglas Elliman has stood the test of time as a brokerage that is thriving in a global market. After a strategic partnership with Knight Frank Residential a few years ago the firm now extends their already powerful network to 43 countries across six continents.

The two estate powerhouses are strategically aligned, with Douglas Elliman only operating in the United States and Knight Frank (whose headquarters are based in London) operating everywhere but the U.S. Both firms represent the luxury real estate market and deal with ultra high net worth individuals making the partnership a match made in property investment heaven.
Last year nationwide sales for Douglas Elliman totalled $51.2 billion, the firm was responsible for 59,550 sales and rental transactions.

So what makes a firm that was founded in 1911 by two brothers such an ever-growing success? Scott Durkin, Chief Executive Officer of Douglas Elliman Realty proudly puts it down to their agents.

‘While 2021 was another challenging year, our talented agents drove our extraordinary growth through their creativity, collaborative work ethic and entrepreneurial spirit,” said Durkin “I am incredibly proud of their collective and individual achievements as well as their personal and industry-wide sales records.’

One of the ways Elliman sets agents up for such success is through their innovative Agent Training Center, led by Jeffrey Stanton, SVP of Training and Development. Offering a wide variety of learning categories such as new agent orientation, continuing professional development and professional coaching for both new and established agents, the free programs are said to be tailored to address agents’ ongoing needs and requests.

“All successful agents have one thing in common, a solid foundation that begins with training. Douglas Elliman and Jeffrey Stanton have found the right recipe for getting their agents off to a strong start and helping them continue to learn and develop throughout their careers.” —Tom Ferry

Whether you are selling or buying a home as a client we need to trust not only the name of the brokerage but the agents within the firm. Douglass Elliman know that property is first a foremost a people’s business and ‘AT ELLIMAN, SUCCESS IS BUILT FROM THE GROUND UP’

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