Douglas Elliman Posts Annual Revenue Decline For 2022
The brokerage segment achieved gross transaction value of approximately $42.9 billion, compared to approximately $51.2 billion in 2021
The brokerage segment achieved gross transaction value of approximately $42.9 billion, compared to approximately $51.2 billion in 2021
CEO Robert Refkin says he expects the company to be free cash flow positive for the full year of 2023
Generated revenue for the company was $6.9 billion in 2022, a decrease of 13 percent year-over-year
The iBuyer’s Q4 revenue was also down some 25 percent
Total Revenue increased 7.2 percent to $353.4 million
Gross profit was $37.4 million, a decrease of 65 percent year-over-year
The company brought in $435 million in revenue during the fourth quarter of last year, down 19 percent from Q4 ...
A minimum income of $201,200 was needed to qualify for the purchase of a $790,020 statewide median-priced home in Q4
Less than a fifth of metro markets posted double-digit annual price appreciation, down from 46 percent the previous quarter
The decline from peak Pandemic in Q2 of 2021 represents a loss of 40 percent
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