A 30-year-plus industry veteran, Purvey will spearhead strategic initiatives to fuel the company's long-term growth and drive revenue generation.

NEW YORK, Nov. 12, 2025 /PRNewswire/ -- Douglas Elliman Realty, LLC ("Douglas Elliman"), one of the largest residential real estate brokerages in the country with the highest national average sales price, announced today that it has appointed Wendy S. Purvey to the role of Chief Strategy Officer. In this new role, Purvey will spearhead growth and revenue-generation initiatives, including supporting mergers and acquisitions, international partnerships, launching ancillary services opportunities, and optimizing agent retention.

With more than 30 years of leadership in real estate marketing, operations, and sales—including involvement in over 200 mergers and acquisitions—Purvey previously served as a strategic consultant for Douglas Elliman Florida, where she worked closely with leadership to strengthen operations and recruitment across the brokerage's West Coast offices. Prior to that, as Chief Marketing Officer for the Sotheby's International Realty Brand, she was instrumental in building the brand to 900 offices in 70 countries and territories worldwide and conducting 135,000 transaction sides and $100 billion in sales volume.

"Wendy's extensive experience and deep expertise in strategic operations are a perfect match for our plans for growth and innovation at Douglas Elliman," said Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc. "I look forward to working closely with her and the leadership team to realize this ambitious vision."

As Chief Strategy Officer, Purvey will be tasked with leading management and cross-functional teams to ensure successful execution of growth initiatives. This includes collaborating with the marketing, technology, operations, and human resources teams to align strategies and initiatives that promote both agent and company growth. In addition to advising on domestic M&A and international growth partnerships and working to identify opportunities to launch ancillary support services, she will establish and track key performance indicators (KPIs) for growth, revenue, and capture rates, reporting progress regularly to the executive team.

"Douglas Elliman is a premier real estate brokerage and dominant luxury brand precisely because of its ever-thriving culture of collaboration and innovation," said Purvey. "I could not be more thrilled to take on this new position at such an exciting point in the company's continued growth and evolution."

Purvey earned her Bachelor of Arts and science degree in 1986 from Central Michigan University, Mount Pleasant, Mich. In 2014 she was named to Diversity Journal's "Women Worth Watching" list.

About Douglas Elliman Inc.

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

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Forward-Looking and Cautionary Statements

This press release includes forward-looking statements within the meaning of the federal securities law. All statements other than statements of historical or current facts made in this press release are forward-looking. These statements include, but are not limited to, statements regarding the future growth, plans, strategies and results of Douglas Elliman and potential future transactions. We identify forward-looking statements in this press release by using words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "may be," "continue" "could," "potential," "objective," "plan," "seek," "predict," "project" and "will be" and similar words or phrases or their negatives. Forward-looking statements reflect our current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons.

Risks and uncertainties that could cause our actual results to differ significantly from our current expectations are described in our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Reports on Form 10-Q filed thereafter. We undertake no responsibility to publicly update or revise any forward-looking statement, except as required by applicable law.

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SOURCE Douglas Elliman

Douglas Elliman Real Estate Appoints Wendy Purvey as Chief Strategy Officer