Strategic Evolution Enhances Service Excellence Beyond U.S. Borders with Direct Access toInternational Markets
Douglas Elliman Inc. (NYSE: DOUG), one of the largest residentialreal estate brokerages with the highest national average sales price, today announcedthe launch of Elliman International, extending the company's renowned and exactingservice to key global markets. This strategic initiative will enable Douglas Elliman to directly serve itsagents, clients, and developers' growing international real estate needs without limited third-partyintermediaries. The expansion will emphasize substance over scale and boast a roster of salesprofessionals whose work ethic and dedication to client service mirror that of Douglas Elliman'sentrepreneurial culture.
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“Elliman International represents the natural progression of our legacy as America's premier luxuryreal estate brokerage now becoming global,” said Michael S.Liebowitz, President and CEO of Douglas Elliman Inc. “From my first day as CEO, I recognized theneed to establish our own international presence that preserves the high-level of service our clientsexpect. This isn't just an expansion-it's a transformation that positions Douglas Elliman as the trulyglobal brand it is.”
Initial focus will be on high-demand luxury destinations in Latin America, the Middle East, Europe, Asia Pacific, and other emerging wealth centers.
“With the ever-evolving international landscape, our clients and developers increasingly view realestate as a global portfolio, not confined by borders,” said Susan de França, President and CEO ofDouglas Elliman Development Marketing. “Unlike many of our competitors, we will not be reliant on partnerships to define us-we areforging ahead with our own global identity that reflects our commitment to and reputation forexcellence at every touchpoint.”
The company's international expansion will begin with immediate activation of core services for existing Douglas Elliman clients, followed by strategic recruitment of teams and individual agents whowill operate under the Elliman banner. Select physical office locations in key marketsare alsoplanned.
About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman”) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman sources, uses, and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management, and settlement and escrow services in select markets. Additional information concerning Douglas Elliman Realty is available on its website,www.elliman.com.
Investors and others should note that we may post information about Douglas Elliman Inc. on our website atinvestors.elliman.comor, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, X, YouTube, or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media, and others interested in Douglas Elliman to review the information we post on our website atinvestors.elliman.comand on our social media accounts.
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SOURCE Douglas Elliman
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