Strong Revenue Growth
Douglas Elliman's revenues increased by 13.6% in the fourth quarter of 2024 compared to the fourth quarter of 2023, showing substantial growth and momentum.
Increased Cash Receipts
Cash receipts in January and February 2025 were approximately 30% higher than in the same months of 2024, indicating improved financial inflow.
Recognition as Most Trusted Brokerage
Douglas Elliman was ranked as the most trusted real estate brokerage in 2025 by Life Story Research, highlighting its strong market reputation.
Development Marketing Revenue Surge
Development marketing revenue increased to $25.5 million in Q4 2024 from $9.5 million in Q4 2023, reflecting significant growth in this segment.
Expense Reductions
Operating expenses were reduced by $19.7 million in 2024 compared to 2023, indicating effective cost management.
Improved Adjusted EBITDA
Adjusted EBITDA loss decreased significantly to $5.4 million in Q4 2024 from $16.1 million in Q4 2023, showing improvement in financial health.