Inside Douglas Elliman's Latest Financials - Resi Rundown

In the latest episode of Resi Rundown, TRD's Hiten Samtani sums up Douglas Elliman’s fourth quarter in one word: rough. The firm lost $18 million in the quarter, and after the banner year of 2021, in which the brokerage reeled in profits of nearly $100 million, 2022 was decidedly less rosy – the firm lost nearly $6 million over the year. Watch for the full break down.

Does Douglas Elliman have a better chance of making it through the slump than its peers? What steps do they have to take, and how are agents handling the slowdown? Sound off in the comments below!

#TheRealDeal #Realestate #RealEstateFinance #ResidentialRealEstate #video #douglaselliman

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