Coldwell Banker’s Tim Elmes joins Elliman to lead Fort Lauderdale push

Miami /
Mar.March 12, 2012 09:45 AM

Fort Lauderdale agent Tim Elmes has left Coldwell Banker to lead Douglas Elliman Florida’s team in Fort Lauderdale.

Elmes, who has been ranked among the top 100 sales agents nationwide by the Wall Street Journal, will be bringing his eight-member team to Douglas Elliman Florida, which launched its Miami operations last year.

“We feel that the market is coming back very strongly, and that there is going to be a sustained resurgence, the first we’ve seen since pre-2005,” Elmes told The Real Deal.

Elmes said New York and the Northeast corridor remained the primary driver of the luxury market in Fort Lauderdale, and that as the region’s concentration of wealth changes hands to the next generation, Northeasterners would increasingly look to the Gold Coast of Florida.

He said he currently has $18 million offers on two different Fort Lauderdale properties.

“We feel that with Douglas Elliman being the dominant luxury firm in the Northeast, in New York and Long Island, which is very important to us, we’re going to benefit from their referrals and their leads,” Elmes said.

Douglas Elliman Florida has been making moves northward of late, beginning with the addition of Senada Adzem to head the company’s Boca Raton office in December.

“Tim has a lot to offer, so it was a solid negotiation on his part,” said Vanessa Grout, CEO of Douglas Elliman Florida. “He knows what it’s like to build a successful brokerage and to create value — so we had a lot of confidence in his ability to help us establish Elliman in the Fort Lauderdale market.”

Grout said given the firm’s size in New York, the Fort Lauderdale move was part of a drive to expand in secondary markets that have logical connections to New York.

“It’s only natural for us set up in Miami, and the move up to Fort Lauderdale, Boca Raton and Palm Beach,” she said. “Miami is a strong market, so if we can make it there we’ll certainly do well as we expand north.”

Elliman will be opening a new office in Las Olas within three months, according to Elmes.

“We wish him happiness,” Michael Murray, senior regional vice president of southeast Florida, said in an emailed statement.


Related Articles

arrow_forward_ios
Los Angeles Chargers defensive end Joey Bosa buys a waterfront Fort Lauderdale house for $6M (Daniel Petroni Photography, Getty)
$6M play: Los Angeles Chargers’ Joey Bosa picks up waterfront Fort Lauderdale home
$6M play: Los Angeles Chargers’ Joey Bosa picks up waterfront Fort Lauderdale home
Rockpoint, InSite buy B Ocean Resort Fort Lauderdale for $127M
Rockpoint, InSite buy B Ocean Resort Fort Lauderdale for $127M
Rockpoint, InSite buy B Ocean Resort Fort Lauderdale for $127M
Jim Moran with the site (Google Maps, Jim Moran Foundation)
Jim Moran Foundation revs up HQ plan with $10M site acquisition
Jim Moran Foundation revs up HQ plan with $10M site acquisition
Fort Lauderdale Beach hotel portfolio trades for $27M
Fort Lauderdale Beach hotel portfolio trades for $27M
Fort Lauderdale Beach hotel portfolio trades for $27M
Gus Rubio out at Douglas Elliman, months after promotion to president
Gus Rubio out at Douglas Elliman, months after promotion to president
Gus Rubio out at Douglas Elliman, months after promotion to president
Wickshire Senior Living buys Fort Lauderdale ALF for $17M
Wickshire Senior Living buys Fort Lauderdale ALF for $17M
Wickshire Senior Living buys Fort Lauderdale ALF for $17M
Douglas Elliman agent Oliver Lloyd buys waterfront Miami Beach teardown
Douglas Elliman agent Oliver Lloyd buys waterfront Miami Beach teardown
Douglas Elliman agent Oliver Lloyd buys waterfront Miami Beach teardown
Hines pays $57M for office building dev site in Fort Lauderdale’s FATVillage
Hines pays $57M for office building dev site in Fort Lauderdale’s FATVillage
Hines pays $57M for office building dev site in Fort Lauderdale’s FATVillage
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...