Douglas Elliman Realty Expands to Vero Beach With Acquisition of Daley & Company

Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, has expanded its Florida footprint to Vero Beach. With this announcement, the company welcomes acclaimed local brokerage Daley & Company, led by industry expert Sally Daley, which was acquired by the nationally recognized luxury firm earlier this month.

Bolstering its position in the market, Douglas Elliman Realty also announced that a top producing team from another national brokerage, Joseph & Joseph, led by Joseph Schlitt and Joseph O’Neill, also joined the company.

“We are excited to welcome The Daley Group and The Joseph & Joseph Team to Douglas Elliman,” said Scott Durkin, Chief Executive Officer of Douglas Elliman Realty. “We look forward to enhancing the Douglas Elliman business to now include a market as important as Vero Beach.”

Daley & Company has successfully sold over $232 million since 2020. Known for her marketing savvy, boundless energy, and an ability to merge creativity with analytics, Sally consistently ranks among Indian River County’s top producers. Sally has also achieved one of the highest list-to-sell-ratios in the county. Under her leadership, Daley & Company had more transactions per agent than any other firm in the county for the past six years. Prior to her career in real estate, Sally owned a public relations and marketing firm just north of New York City. Her firm provided services for high profile clients like Citibank, Hyatt Hotels, Champion Paper, Nine West Shoes, and The National Multiple Sclerosis Society, among others. Daley comes to Douglas Elliman Realty with four additional sales associates that will be based out of the firm’s Vero Beach office.

Joseph & Joseph’s Joseph Schlitt, Joseph O’Neill and Chris Mickley come to Douglas Elliman with over 38 years of experience in selling some of the most prestigious neighborhoods in Vero Beach and Indian River County. In addition to real estate experience, Joseph O’Neill was raised in the world of construction and real estate development, while Joseph Schlitt came from a real estate family background with over 70 years of Vero Beach residential sales experience. Their backgrounds provided a dynamic foundation for their current business strategy which elevates the luxury real estate experience. Since forming The Joseph & Joseph Team four years ago, the team has sold over $350 million in total sales volume.

“We are proud to welcome Sally Daley’s team of real estate professionals and the awarded Joseph & Joseph Team to Douglas Elliman Realty,” said Jay Phillip Parker, CEO of Douglas Elliman Florida. “Both brokerages and team members share the same high level commitment to offer exceptional real estate experiences for clients. This move into the new East Coast market greatly strengthens our presence across Florida and enables us to offer national and international connectivity for the rapidly growing Vero Beach real estate market. There is no question that our expansion into Vero Beach is aligned with our mission of being in all the markets that our clients want to be in.”

Both The Daley Group and the Joseph & Joseph team will now operate out of the brokerage’s newest office located in Central Beach on Ocean Drive. With this expansion Douglas Elliman Realty now has 22 offices with approximately 1,200 sales associates across Florida.

"After nearly 20 years of building this company and becoming one of the most recognized brokerages in the area, this alliance with Douglas Elliman is going to make an even bigger impact on the Vero Beach landscape,” said Sally Daley. “Douglas Elliman’s core values resonated with those of our firm and with whom I believe we can provide an unparalleled client experience. We’re thrilled to announce this exciting next chapter, which will empower us to offer our clients even greater exposure through Douglas Elliman’s national reach and strategic global alliance with Knight Frank.”

Sally is a founding member of REALM, an elite global membership organization of accomplished luxury real estate professionals, while Joseph Schlitt previously served as the president of the Indian River County Board of Realtors, is a past member of the Florida Board of Realtors and most recently District Vice President for Florida Realtors.

Vero Beach, located along Florida's Atlantic Coast, is a haven for golf, water sports and fishing. Peaceful beaches, museums, nature tours and a vast portfolio of beautiful real estate make Vero Beach a vital part of the region known as the Treasure Coast.

Douglas Elliman Lists On The NYSE Under Ticker Symbol 'DOUG'

Douglas Elliman Inc. (NYSE: DOUG) (“Douglas Elliman”) has completed its previously announced spin-off from Vector Group Ltd. (NYSE: VGR). On Thursday December 30, 2021 Douglas Elliman officially began trading on the New York Stock Exchange under the symbol “DOUG” and has been added to the S&P SmallCap 600®.

Douglas Elliman Realty, LLC is one of the largest residential brokerage companies in the New York metropolitan area and the sixth largest in the U.S. Douglas Elliman has an established and growing presence in most major luxury markets – primarily international finance and technology hubs that are densely populated and offer housing inventory at premium pricing points. Douglas Elliman’s attractive financial profile includes a strong balance sheet with $200 million of net cash and significant operating leverage, supported by a track record of impressive revenue growth, disciplined expense management led by seasoned industry executives, healthy margins and limited capital expenditures.

As a standalone company, Douglas Elliman will leverage these core competencies and differentiated market focus to pursue profitable growth opportunities through market expansion, retention and recruitment of best-in-class talent and acquisitions and acqui-hires. Douglas Elliman will also source, use and invest in early-stage, disruptive property technology (“PropTech”) solutions and companies that easily integrate into its technology foundation, allowing Douglas Elliman to remain flexible, nimble and asset-light while providing cutting-edge solutions that improve client, customer and agent experience.

“Today marks an exciting new chapter for Douglas Elliman,” said Howard M. Lorber, Chairman and Chief Executive Officer of Douglas Elliman. “As a standalone company, Douglas Elliman will leverage its differentiated approach, portfolio of innovative technology services and a best-in-class team of employees and agents to capitalize on growth opportunities in the highly attractive U.S. residential real estate market. We believe there is a bright future ahead for our company as a standalone entity.”

“We are thrilled that Douglas Elliman has reached this milestone – one that would not be possible without the hard work and dedication of our incredible agents and employees,” said Scott Durkin, Chief Executive Officer of Douglas Elliman Realty, LLC. “As a standalone company, we look forward to building on Douglas Elliman’s leading luxury brand and longstanding tradition of excellence, while continuing to drive long-term value for stockholders.”

Douglas Elliman Celebrates Grand Opening Of New Duplex Palm Beach Office In Royal Poinciana Plaza

Douglas Elliman continues to expand its presence in South Florida and the Palm Beach market with the opening of a new office in Palm Beach’s Royal Poinciana Plaza located at 340 Royal Poinciana Way, Suite M302. The two-story, 3,539 SF location houses the firm’s 125 Palm Beach agents along with additional office space for new recruits and marketing operations.

The firm marked the occasion, its continued growth to more than 1,100 agents and 22 offices throughout Florida and continued expansion into new regions, with a grand opening celebration on November 14th hosted by Douglas Elliman’s Executive Chairman, Howard M. Lorber, Chief Executive Officer, Dottie Herman, President and COO, Scott Durkin, Chief Executive Officer of Florida Brokerage, Jay Phillip Parker, COO of Florida Brokerage, Gus Rubio and Managing Broker of Palm Beach, Jupiter and Wellington, Don Langdon. 

“We are extremely proud of our Palm Beach agents and the tremendous success they continue to achieve in one of the most exclusive markets in the world,” said Jay Phillip Parker, CEO of Douglas Elliman, Florida, “We are excited to see our current agents and future prospects utilize this expansive new space, offering state-of-the-art technology and tools for real estate associates in the renowned Royal Poinciana Plaza.”

The Royal Poinciana Plaza office will be led by Managing Broker, Don Langdon, who spearheaded the previous Palm Beach location, and will showcase developments in the area along with a portfolio of properties for sale throughout Florida.

“I am honored to work alongside some of the most successful agents who are known nationally for their record breaking accomplishments,” said Don Langdon, Managing Broker of Douglas Elliman’s Palm Beach, Wellington and Jupiter offices. “The new space, coupled with the most advanced tools, technology, marketing and public relations offered to our talented agents, allows them to better service our clients and continuously prosper. I’m extremely proud of this team and look forward to contributing to the further growth of the Florida brokerage.”  

The new office setting features fine art photography by the famed Gray Malin, who recently released a series of photographs influenced by the old-world glamour of Palm Beach including a print of the $110 million record breaking sale of La Follia, represented by Palm Beach agents, Ashley McIntosh, Gary Pohrer, Lisa Wilkonson, Cara McClure and Adam McPherson. Unique wood paneled ceilings are seen throughout the expansive floor plan with an array of private offices and two conference rooms featuring dHive glass, known for creating professional private environments that offer seamless accessibility to open work spaces where professionals can collaborate in a communal setting.

“We are excited to celebrate the reopening of Douglas Elliman in their new location at the plaza. The Royal Poinciana Plaza is home to an eclectic mix of world-class tenants, from food and fashion to specialty services and beyond, said Lilly Leas Ferreira, General Manager of The Royal Poinciana Plaza.  "Whether someone is shopping for a new dress or a new house, tenants like Douglas Elliman help us offer our guests endless opportunities to experience the Palm Beach lifestyle.”

Bravo's Million Dollar Listing Star Fredrik Eklund & John Gomes Launch Miami Team With Douglas Elliman

BRAVO’s Million Dollar Listing NY star Fredrik Eklund, John Gomes, Julia Spillman and their team at Douglas Elliman, The Eklund | Gomes Team celebrated the launch of their team’s expansion into Miami Beach at the Soho Beach House Rooftop. Making an official mark in Miami Beach, the team hosted an exclusive VIP party alongside Howard M. Lorber, chairman of Douglas Elliman, Scott Durkin, President and COO of Douglas Elliman and Jay Phillip Parker, CEO of Douglas Elliman Florida. Showing support for the dynamic duo’s newest business venture, Victoria Secret Supermodel Vita Sidorkina and husband Valerio Morabito were spotted at the private soiree. City of Miami Beach Commissioner Michael Gongora presented Eklund and Gomes an official “stamp of approval” gifting the team an official Welcome Certificate to the City of Miami Beach on behalf of the Mayor and Vice Mayor of Miami Beach.

Douglas Elliman agents, clients and developers were in attendance including Miami-based, Terra president and developer of Eighty Seven Park, David Martin, who hosted Eklund and Gomes earlier in the day at the luxury beachfront condominium designed by Pritzker Prize-winning architect Renzo Piano.

Earlier this year, Eklund and Gomes celebrated the launch of their team’s expansion into Los Angeles at The Waldorf Astoria Beverly Hills during a rooftop sunset party. The Eklund | Gomes Team at Douglas Elliman currently consists of 52 team members across New York City, Los Angeles and now, Miami Beach with addition of top Miami Beach agents Pietro Belmonte, Jorge Sanchez, Darin Tansey & Dan Hechtkopf.

Douglas Elliman Reports $4.7 Billion Of Sales Volume In South Florida As The Firm Honors Top Agents At The Ellies

Douglas Elliman Real Estate, the nation’s third-largest residential real estate brokerage, celebrated the firm’s world-class agents from around the nation at the annual awards ceremony, The Ellies. Top performers from Florida, including the markets of Boca Raton, Fort Lauderdale, Miami, Miami Beach, Palm Beach, Aventura, Bay Harbor Island, Jupiter, Wellington, Delray Beach and Coral Gables, were among the honorees at this year’s event held at Mohegan Sun in Uncasville, CT.

Douglas Elliman Florida marked another banner year in 2018 with $4.7 Billion in closed transactions, up 30% from 2017. Nationwide, Douglas Elliman’s 2018 total sales volume was $28.1 billion, up 8% from 2017. The firm was responsible for 44,131 sales and rental transactions and was ranked the number three brokerage in the nation by sales volume. Douglas Elliman Florida marked a banner year in 2018, responsible for four out of the top eight single-family home sales for Miami-Dade County. The firm was also named the number one brokerage in Palm Beach County and in Miami Beach for total sales volume.

“Our wonderfully talented agents across the nation gave a very impressive performance this year, backed by a tremendous amount of dedication and passion for their work. We remain committed to providing all of our agents with the best in class technology, marketing and public relations to help them reach even greater heights in 2019, and we look forward to another triumphant year,” said Howard M. Lorber, Chairman, Douglas Elliman Realty, LLC.

“We’re thrilled to celebrate the accomplishments of our agents and their dedication to Douglas Elliman’s success,” said Jay Phillip Parker, CEO of Douglas Elliman Florida. “Due to their efforts, Elliman continues to dominate the market in South Florida, and we’re looking forward to continuing our expansion and leadership position in 2019.”

Leading the Top 10 Teams for Florida by Gross Commission Income (GCI) are The Carroll Group, based out of Miami-Dade County and Palm Beach County. They were followed by the Leavitt McIntosh Team (#2), Carmenate / Duchon (#3), The Randy & Nick Team (#4), the Bill and Bryan Team (#5), the Alexander Team (#6), Belmonte Sanchez (#7), the RMI Team (#8), The Senada Adzem Team (#9) and The Rubin [+] Morr Group (#10).

The Top 10 Agents for Florida by GCI are led by Martha W. Jolicoeur, based out of Wellington. She was followed by Gary Pohrer (#2), Maria Mendelsohn (#3), Paul Stuart Fishman (#4), Brett Harris (#5), Bohdan Mastykaz (#6), Raul Santidrian (#7), Kayce Driscoll (#8), Dina Goldentayer (#9) and Steven Menezes (#10).

The prestigious Pinnacle Club Award winners, presented to Florida agents and teams who made over $1 million in 2018, include The Carroll Group, Leavitt McIntosh Team, Carmenate / Duchon, The Randy & Nick Team, Bill & Bryan Team, the Alexander Team, Belmonte Sanchez, Martha Jolicoeur, RMI Team, The Senada Adzem Team, The Rubin [+] Morr Group, Gary Pohrer, Maria Mendelsohn, Pamela Fishman, The Goihman Group, The Darin Tansey Group, Robert Kemp, Brett Harris, Bohdan Mastykaz, The Bretzlaff Group, Raul Santidrian, The APT Team, Kayce Driscoll, and Dina Goldentayer.

Douglas Elliman Florida Brokerage Relocates Design District Office To MiMo With Lavish Ribbon Cutting Reception

Douglas Elliman has officially opened its newest Florida office in Miami’s MiMo District located at 5555 Biscayne Blvd., replacing its previous Design District location. The full-floor 6,000 SF location houses the firm’s Miami Design District agents along with additional office space for new recruitment, Douglas Elliman Development Marketing Miami-Dade operations, public relations and marketing teams.

The firm marked the occasion, its continued growth to now with more than 1,000 agents throughout Florida and continued expansion into new regions, with a grand opening celebration on June 27th. Douglas Elliman President and COO Scott Durkin, CEO of Florida Brokerage Jay Phillip Parker, COO of Florida Brokerage Gus Rubio and Managing Broker Judith Corcos, held a ribbon cutting ceremony followed by a cocktail reception to launch the brokerage’s new office location. Guests were treated to wine and champagne along with hors d'oeuvre at the event attended by some of Miami's top real estate professionals. 

“We are pleased to offer our clients, agents and corporate team members a larger convenient office location in Miami’s MiMo District,” said Jay Phillip Parker, CEO of Douglas Elliman Florida Brokerage, “We look forward to expanding our strong foothold in the district and welcoming new agents as we continue our expansion across Florida.”

The MiMo District office will be led by Managing Broker, Judith Corcos, who previously spearheaded the previous Miami Design District location, and will showcase area developments along with a portfolio of properties for sale throughout South Florida. The beautiful, modern office features handmade lighting fixtures by Marivi Calvo and Sandro Tothill of LZF, 3D paneled walls and selected art work to complimenting and paying homage to the historic yet growing cultural scene of Miami’s MiMo District and Miami Design District. 

“As we continue to recruit the best-in-class agents, we are excited to offer our current agents and future prospects a newly designed space located in the heart of South Florida’s evolving MiMo District,” said Judith Corcos, Managing Broker of Douglas Elliman’s Aventura, Bay Harbour and MiMo District offices.