Elliman Adds Attorney Weitz to Board Amid Q3 Results

Elliman appoints Perry Weitz to its board during Q3 profits call. Despite slight revenue dip to $262.8M, net income improves to $24.7M. Strong balance sheet and international expansion fuel optimism. Attorney Weitz will build high-performing companies.

Weitz Joins Elliman’s Board

Attorney joins Elliman’s board: On the day of its Q3 profits call, Elliman likewise revealed the visit of lawyer and investor Perry Weitz to its board of supervisors. Weitz brings “outstanding service acumen and a shown ability to build and take care of high-performing companies,” Liebowitz stated, including that Weitz’s experience “will be invaluable as we remain to advance in an advancing real estate landscape.”

Financial Strength & Expansion

CFO Bryant Kirkland pointed to the toughness of the firm’s balance sheet, with $143 million in cash as of Sept. 30 and no financial obligation following the conversion of its notes to supply. “Our company believe our strong annual report offers Douglas Elliman an affordable advantage” that sustains additional development after a recent press right into France and Monaco and enhancing its solutions to representatives and their clients (such as its new Elli AI aide).

The company reported $262.8 million in Q3 revenue, down slightly from $266.3 million a year earlier, and a bottom line of $24.7 million, which was an improvement from $27.2 million during the exact same time in 2024. For the very first nine months of 2025, revenue climbed 5% year-over-year to $787.6 million, with the operating loss reduced by over half to $21.5 million.