Douglas Elliman, announced today that it has promoted its President and Chief Operating Officer, Scott Durkin, to Chief Executive Officer, effective immediately. Dottie Herman has been appointed Vice-Chair. “Douglas Elliman has proven to be my most rewarding professional experience to date,” said Mr. Durkin. “I look forward to expanding upon the legacy of our brand built by my friend and mentor Dottie Herman as the market leader in luxury real estate. I also welcome the opportunity to further advance our technology-focused initiatives that allow our agents to work faster and more efficiently on behalf of their customers and clients.”

Hand selected by Elliman Executive Chairman Howard M. Lorber and Ms. Herman, Mr. Durkin joined Douglas Elliman in 2015 as executive vice president of acquisitions and growth. He was promoted to Chief Operating Officer in October 2016 and named President in 2017. With his new title, Mr. Durkin will continue to lead the brokerage, its operations, technology initiatives, and strategic growth efforts across the United States. During the 12 months ended June 30, 2021, Douglas Elliman closed nearly $43 billion in sales.

"As President and COO of Douglas Elliman, Scott has taken our firm to the next level with major initiatives to strengthen our brand, our culture, our technology and most importantly, the way our agents conduct their business,” said Mr. Lorber. “It is a thrill to pass the CEO title to my friend Scott Durkin whose career I have watched since acquiring Elliman in 2003 when I joined the New York City brokerage community,” said Ms. Herman.

 Ms. Herman has been consistently ranked in Crain's New York Business 50 Most Powerful Women in New York and Inman News Top 100 Most Influential Real Estate Leaders. In 2015, she was inducted into the Long Island Business News Hall of Fame and listed in the Top 50 Women Entrepreneurs in America by Inc. Magazine among the Inc. 5000 list where Douglas Elliman was named as one of the fastest-growing private companies in America. In 2016, Ms. Herman was named on Forbes 2016 List of America’s Self-Made Women as well as in 2017. In her role as Vice-Chair, Ms. Herman will serve in an advisory capacity to Mr. Lorber and Mr. Durkin as well as continue to mentor Douglas Elliman executives and agents across the country. 

“Dottie and I could not have imagined that the venture we embarked on in 2003 would grow into one of the largest and most important residential brokerage firms in the United States. Her vision for and dedication to Douglas Elliman has proven invaluable and I am grateful for her service,” said Mr. Lorber.

Mr. Durkin was the driving force behind Douglas Elliman’s celebrated, next-generation platforms including public relations, technology, and marketing. He was instrumental in launching the firm’s new brand look and feel, a new Elliman.com and advertising campaign dubbed The Next Move is Yours, all in the last two years. Mr. Durkin also brought about more open lines of communication for agents and consumers with The Douglas Elliman Podcast Channel, Elliman Cares initiatives and cutting-edge social media platforms such as TikTok.

Since beginning his career as a sales agent with the Corcoran Group in 1991, Mr. Durkin grew his reputation, becoming a protégé of Barbara Corcoran.

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