NEW YORK, Dec. 4, 2017 /PRNewswire/ -- Douglas Elliman, the fourth largest residential real estate brokerage company in the United States, announced today that it has promoted its chief operating officer, Scott Durkin, to president and chief operating officer, effective immediately. Mr. Durkin joined Douglas Elliman in 2015 as executive vice president of acquisitions and growth. He was promoted to chief operating officer in October 2017. With his new title, Mr. Durkin will continue to lead the brokerage, its operations and strategic growth efforts across the United States.
"In the past year as COO of Douglas Elliman, Scott has successfully led several major initiatives to strengthen our brand, our culture and the ways in which our most valued assets, our agents, do business," said Howard M. Lorber, chairman of Douglas Elliman Realty, LLC. "From forward-thinking partnerships with StreetEasy to another record-breaking year of sales, Scott has proven himself to be a highly valued and respected leader. I am thrilled to make this announcement."
"My tenure with Douglas Elliman has proven to be my most rewarding professional experience to date, and I am enormously grateful to be able to lend my nearly three-decades of experience to our firm's exciting culture of entrepreneurialism and forward-thinking leadership," said Mr. Durkin.
Mr. Durkin was instrumental in the recently announced partnership with StreetEasy and Zillow to develop an exclusive listing entry platform as well as the leading voice in supporting the real estate aggregator's new Premiere Agent and rental pricing platforms which have resulted in greater lead generation for Douglas Elliman. He also helped oversee expansion efforts in New York, South Florida, California and Massachusetts as well as the successful re-structuring of operations in Westchester, Connecticut and the Hamptons. Mr. Durkin is also responsible for a more streamlined, efficient, creative and productive operations team that includes sales, technology, marketing, legal, accounting, public relations, human resources and facilities.
"I am very proud of the way Scott has grown our brand and strengthened our incredible team of sales, technology, and marketing professionals," said Douglas Elliman CEO, Dottie Herman. "He is a huge asset, not only to Douglas Elliman, but to the real estate industry as a whole. I knew when I met Scott many years ago that I wanted him with Elliman and I am very happy he is finally home."
Since beginning his career as a sales agent with the Corcoran Group in 1991, Mr. Durkin grew his reputation, becoming a protégé of Barbara Corcoran and working directly alongside her for many years. He was directly involved in many major milestones, including the sale of the company to NRT and the acquisition of brokerages in the Hamptons, Palm Beach and New York. During his tenure at Corcoran, Mr. Durkin also held several corporate positions including chief operating officer and senior managing director of the Chelsea-Flatiron office, which ranked in the top 10 nationwide of all Realogy companies during the 11 years of his leadership.
An avid equestrian with a passion for the dressage style of riding, Mr. Durkin and his husband live between Manhattan and upstate New York.
About Douglas Elliman Real Estate
Established in 1911, Douglas Elliman Real Estate is the largest brokerage in the New York Metropolitan area and the fourth largest residential real estate company nationwide. With more than 7,000 agents, the company operates approximately 110 offices in Manhattan, Brooklyn, Queens, New Jersey, Long Island, the Hamptons & North Fork, Westchester, Greenwich, South Florida, Colorado and California. Moreover, Douglas Elliman has a strategic global alliance with London-based Knight Frank Residential for business in the worldwide luxury markets spanning 60 countries and six continents. The company also controls a portfolio of real estate services including Douglas Elliman Development Marketing; Manhattan's largest residential property manager, Douglas Elliman Property Management with over 250 buildings; and DE Commercial. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, please visit elliman.com.
SOURCE Douglas Elliman