Douglas Elliman aggressively expands in Miami

Miami /
Sep.September 08, 2014 09:45 AM

A decade into its Miami expansion, New York real estate giant Douglas Elliman is aggressively adding to its agent roster and ramping up its preconstruction luxury condo sales activity in the area.

Douglas Elliman has hired about 300 new South Florida brokers in the past year to increase the firm’s broker pool in the region to 430. It now has eight offices in the tri-county area. The firm’s national network reached 5,000 brokers in July.

The preconstruction arm of Douglas Elliman is picking up some new high-end assignments, including Faena House in Miami Beach and Terra Group and the Related Group’s Park Grove in Coconut Grove, according to the Miami Herald. To broaden its international sales reach, the firm is strengthening its partnership with London-based Knight Frank.

Douglas Elliman acquired Jeff Morr’s Miami Beach-based Majestic Properties in June.

Jay Phillip Parker, Douglas Elliman Florida’s CEO, told the newspaper his priority is to grow a team of top producing agents who work together to build relationships with clients. Toward that end, Parker brought in Coldwell Banker veteran Tom Bryan to join the firm as managing broker in Miami.

“The barriers to entry to become an agent are very low,” Parker said. “To become successful, you need training, direction. You need to be able to leverage the experience of others.” [Miami Herald]Eric Kalis


Related Articles

arrow_forward_ios
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
Michael Lawler, Howard Lorber and Jay Parker (Getty)
Douglas Elliman expands to Naples, brings on top Sotheby’s agent Michael Lawler
Douglas Elliman expands to Naples, brings on top Sotheby’s agent Michael Lawler
Samantha Curry and Holly Parker (Getty, Parker)
Top Douglas Elliman NY team expands to South Florida
Top Douglas Elliman NY team expands to South Florida
Miami has seen a constant stream of sales over the past several months (Getty)
Skyrocketing Q2 resi sales leave little inventory in South Florida: Elliman
Skyrocketing Q2 resi sales leave little inventory in South Florida: Elliman
Christopher Ricci, Lana Bell and Thor M. Brown
Movers & Shakers: Lana Bell, Thor Brown join Douglas Elliman & more
Movers & Shakers: Lana Bell, Thor Brown join Douglas Elliman & more
Robert Reffkin and Michael Karp (Compass, Linkedin)
Compass acquires BEX Realty’s Florida agents
Compass acquires BEX Realty’s Florida agents
Judy Dolan of Levy Realty Advisors, Jay Parker and Gus Rubio of Douglas Elliman
Movers & Shakers: Douglas Elliman promotes Florida execs & more
Movers & Shakers: Douglas Elliman promotes Florida execs & more
Lourdes Alatriste and Miguel Solis with a rendering of Quint Hollywood
Elliman takes over sales of Quint Hollywood, marking third change in a year
Elliman takes over sales of Quint Hollywood, marking third change in a year
arrow_forward_ios

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

Loading...