Douglas Elliman Inc. (NYSE: DOUG) is a real estate services company whose principal business is conducted through Douglas Elliman Realty. The company provides residential real estate brokerage services, representing buyers and sellers of homes, condominiums, cooperatives, and other residential properties.
In addition to traditional brokerage, Douglas Elliman offers marketing and sales services for new development projects, as well as relocation, property management, and other real estate-related services. Its business includes a focus on luxury and high-value residential properties, supported by sales professionals, market research, and marketing capabilities.
Douglas Elliman serves clients primarily in major U.S. real estate markets, including New York City, Long Island, the Hamptons, South Florida, and Southern California, with additional activity in other selected markets. The company traces its roots to the Douglas L. Elliman real estate firm, which was established in New York in 1911.
Douglas Elliman Inc. became a publicly traded company in 2021 following its separation from Vector Group Ltd. The company’s operating brokerage business is led by Scott Durkin, who serves as president and chief executive officer of Douglas Elliman Realty.
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