Douglas Elliman Welcomes Rick Moeser as CEO, Business Development

Rhea-AI Summary

Douglas Elliman Realty has appointed Rick Moeser as the new CEO of Business Development. With over 30 years of experience in luxury real estate, Moeser will focus on expanding into new markets and recruiting top talent. Previously, he served as Executive Director at Christie's International Real Estate and has a strong track record in building real estate networks globally. The leadership transition is seen as a strategic move to enhance the company's growth and solidify its position in the market.

Positive

• Rick Moeser brings over 30 years of luxury real estate experience to Douglas Elliman.
• Moeser has a proven track record of building global real estate networks that generate significant annual sales.
• The new leadership aims to expand into new markets and recruit top agents, signaling strategic growth.

Negative

• None.

Veteran International Luxury Real Estate Executive Will Lead Efforts to Expand and Identify New Markets, Agents, Agent Teams and Business Opportunities for the Brokerage.

NEW YORK , June 2, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today that Rick Moeser has joined the company as CEO of Business Development. A leading executive with more than 30 years of experience in luxury residential real estate, Moeser will lead the brokerage's efforts to expand into new markets, recruit top agent talent and identify new business opportunities.

"Rick has earned a sterling reputation as a builder of global affiliate networks that generate tens of billions in annual sales," said Howard M. Lorber, Executive Chairman, Douglas Elliman. "Douglas Elliman is now further poised to achieve great things through his leadership and expertise."

Moeser joins the company from Christie's International Real Estate, where he served for 17 years as Executive Director. He was previously a Senior Vice President for Sotheby's International Realty.

"Bringing in an executive of Rick's caliber is clear testament to our commitment to thoughtful growth and strategic expansion," said Scott Durkin, Chief Executive Officer, Douglas Elliman Realty. "There is no better person—at no better time—to help this company make good on that commitment."

Over his career, Moeser established and managed a network of more than 100 real estate affiliations worldwide, while personally managing 40 firms at Christie's International Real Estate.

"Few companies with the history and stature of Douglas Elliman have shown as much boldness and ambition in facing the future," said Rick Moeser, CEO, Business Development, Douglas Elliman Realty. "I am thrilled and proud to be joining Elliman and its century-long commitment to reimagining the real estate industry."

Moeser will be a member of the corporate executive team.

About Douglas Elliman Inc. 
Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the New York metropolitan area, which includes New York City, Long Island, Westchester, Connecticut, New Jersey and the Hamptons, and the sixth largest in the U.S., with operations in California, Colorado, Texas, Nevada, Florida and Massachusetts. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, www.elliman.com.

Investors and others should note that we may post information about Douglas Elliman on our website at www.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at www.elliman.com and on our social media accounts.

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SOURCE Douglas Elliman Realty

FAQ

Who is Rick Moeser and what is his role at Douglas Elliman?

Rick Moeser has been appointed as the CEO of Business Development at Douglas Elliman, focusing on market expansion and talent recruitment.

What experience does Rick Moeser bring to Douglas Elliman?

Moeser has over 30 years of experience in luxury residential real estate, previously serving as Executive Director at Christie's International Real Estate.

What are Douglas Elliman's plans for growth under Rick Moeser's leadership?

Douglas Elliman plans to expand into new markets and attract top agent talent as part of their strategic growth initiative.

When was Rick Moeser appointed CEO of Business Development at Douglas Elliman?

Rick Moeser was appointed on June 2, 2022.

What is the stock symbol for Douglas Elliman?

The stock symbol for Douglas Elliman is DOUG.