Douglas Elliman, the fourth largest residential real estate brokerage company in the United States, has promoted its chief operating officer, Scott Durkin, to president and chief operating officer.
Long-time president and chief executive officer Dottie Herman will remain in her present position.
Durkin joined Douglas Elliman in 2015 as executive vice president of acquisitions and growth. He was promoted to chief operating officer in October 2017.
“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.”
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.
Durkin has lso been credited with streamlining operations across 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 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.”
After beginning his career as a sales agent at the Corcoran Group in 1991, Durkin — who worked alongside Barbara Corcoran for many years — 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.