3 Of The Best Luxury Real Estate Agencies in New York
The emphasis laid upon the value of hiring a professional real estate agent can never be sufficient. A skilled real estate agent will use their market expertise and strong communication skills to help their clients receive precisely what they want at the best price possible.
There are several real estate agencies actively providing their services in New York. Choosing the best one is crucial. Below is a list of some of the top real estate agencies in New York.
The Corcoran Group
Barbara Ann Corcoran created The Corcoran Group in 1973, and it was purchased by NRT for $66 million in 2001. It began with a $1,000 loan in a small office near the Upper East and eventually moved to the Upper West in 1989. Under Pamela Liebman, the company’s new President and Chief Executive Officer, it has become one of the best real estate firms in the country. It has branches in Florida, the Hamptons, and New York City. Corcoran is also known for breaking records, including a condominium sale of $45 million in 2003, a condominium deal of $101 million in 2015, and a townhouse sale of $80 million in 2017.
Douglas Elliman
Douglas Elliman began as a basement business in Manhattan in 1911 and was sold to the Milstein family, Insignia Financial Group, and the Montauk Battery Realty in 2003. There are now four local divisions, including New York, NYC, Florida, California, Texas, etc. They presently have over 7,000 employees and operate in 113 locations across the United States. Douglas Elliman is the United States’ second-biggest independent residential real estate firm by overall sales, with over 44,000 sales and lease transactions each year.
Compass
Ori Allon and Robert Reffkin launched Compass in 2012 under the name “Urban Compass.” It began as a simple office in midtown Manhattan, however by 2016, they had expanded to include offices in Aspen, Los Angeles, Santa Barbara, and San Francisco. They then extended to Chicago in late 2017 by hiring the city’s best real estate team. They’ve now moved into Washington, Florida, Texas, Connecticut, and several other states.
