To pay off debt, Realogy to sell relocation biz for $400M
As it looks to pay down debt, Realogy — the country’s largest brokerage conglomerate — is selling its relocation...
Corcoran
About: Corcoran Group is a residential real estate brokerage firm in New York, with branches in the Hamptons and South Florida.
Headquartered in: New York, NY
Founded in: 1973
Founded by: Barbara Corcoran
Lead by: CEO Pam Liebman; President of Sales Bill Cunningham; President of Corcoran Sunshine Marketing Group Kelly Kennedy Mack.
Corcoran Q&A
What does Corcoran do?
Corcoran focuses on residential real estate. They have over 2,200 agents and report sales of over $21 billion annually. In The Real Deal's 2019 Data Book, Corcoran was ranked the #2 firm for both listings volume with $4.70 billion across 1,143 listings and closed sales volumes, with $4.53 billion after an undisclosed number of sales.
Where does Corcoran operate?
Corcoran operates in New York City, the Hamptons, and South Florida. It began on the Upper East Side, expanded throughout Manhattan in the 1980's, and into the Hamptons and South Florida in 2003.
Who owns Corcoran?
It is owned and operated by NRT, a subsidiary of Realogy, which also owns firms including Citihabitats, Coldwell Banker, and Sotheby's International Realty.
Who are Corcoran's biggest agents?
The Real Deal regularly updates its rankings of major real estate players. For our most recent coverage, check out the Top Stories below. In 2018, TRD listed these Corcoran agents as the top listing agents by closed sales: #2 Vicky Barron Team (now at Compass) #7 Carrie Chiang-Janet Wang Team #8 Steven Gold #10 Deanna Kory Team #15 Deborah Grubman Team #20 Pham-Herzberg Team
Corcoran Top Stories
The Latest
A top Corcoran team in the Hamptons bolts for Compass
One of the Corcoran Group’s top-producing teams in the Hamptons has defected to Compass. Cee Scott Brown and Jack...
Corcoran’s Brian Meier heads to Christie’s
Brian Meier — one of the Corcoran Group’s top-producing agents — has joined Christie’s International Real Estate’s two-year-old New...
Terra sells part of RealPlus stake to Corcoran and Elliman
Four of the city’s top residential firms are teaming up on a shared listing system amid the industry’s long-running...
The Daily Dirt: Inside the Corcoran “hack”
Companies typically keep broker splits under wraps. A recent leak offered a rare look into how one of the...
Revealed: Corcoran’s “hacked” files
One third of the Corcoran Group’s gross commissions last year came from just 37 of its 1,239 brokers. The New York firm gave at least one top agent a $120,000 marketing budget. And, besieged...
“Perhaps a sad inevitability:” Corcoran isn’t the only firm
under attack
Last week’s stunning data breach at the Corcoran Group has residential brokerage leaders on alert amid rising cyberattacks. Brown...
After data breach, Corcoran attempts a lockdown. But agents
are talking
It’s the holy grail of the residential brokerage world: an agent’s split, gross commission income and marketing budget. And...
Corcoran says “criminal” hackers leaked agent splits
The Corcoran Group said it was hacked Friday after a stunning email containing agent splits, marketing budgets and gross...
Brokers in cabs: An interview with Corcoran’s Tim Malone
In the fourth episode of The Real Deal’s “Brokers In Cabs” series, Corcoran Group’s Tim Malone talks about how...
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