Douglas Elliman : Expands to 30A, Santa Rosa Beach, in Northwest Florida

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FOR IMMEDIATE RELEASE

Douglas Elliman Expands to 30A, Santa Rosa Beach, in Northwest Florida Move by Premier National Brokerage Attracts Top-ProducingAgent Brad Reese

Santa Rosa Beach, Florida (December 7, 2023) Douglas Elliman, one of the largest independent residential real estate brokerages in the United States, today announced the opening of its new office in 30A, Santa Rosa Beach in northwest Florida, with the region's top-producing agent, Brad Reese. Responsible for over $200 million in sales since 2021, Reese is recognized among the top 0.5 percent nationwide for sales volume over the past three years. He was previously owner and principal of The Walton Group at Berkshire Hathaway HomeServices Beach Properties of Florida.

"Santa Rosa Beach has become a popular destination for secondary homebuyers," said Howard M. Lorber, Executive Chairman of Douglas Elliman, LLC. "Our strategic growth across the state of Florida continues to attract the industry's finest talent, and we are thrilled to have Brad Reese representing Douglas Elliman's newest market."

"We are proud to firmly plant roots in Santa Rosa Beach with the area's leading agent joining Douglas Elliman's newest outpost in Florida," said Scott Durkin, President and Chief Executive Officer of Douglas Elliman Realty. "Brad Reese is a consummate professional who provides the superior client service and expert guidance that Douglas Elliman agents are known for in every market we service. I am certain he will be an invaluable asset to the firm."

"30A is one of the most exciting destinations in Northwest Florida, garnering attention from buyers all over the U.S. and beyond," said Jay Phillip Parker, CEO of Brokerage, Florida Region and President of Douglas Elliman Development Marketing, Florida. "We are honored to have an agent like Brad Reese, who consistently leads the market and embodies the values we promote at Douglas Elliman. This move into the Walton County market greatly strengthens our presence across Florida and will now offer a national and international connectivity for the rapidly growing real estate market of 30A. "

Originating from the picturesque Ozark Mountains in Fayetteville, Arkansas, Reese's career reflects his deep love for the Gulf Coast. Rooted in a family legacy of real estate,

his expertise and dedication make him an impassioned advocate for both buyers and sellers.

"As someone who shares the brokerage's commitment to exceptional client service, I am honored to join Douglas Elliman as the founding member of the Santa Rosa Beach office," said Brad Reese. "I am thrilled to announce this exciting next chapter, which will empower me to offer my clients even greater exposure through Elliman's national reach and global alliance with Knight Frank."

Located at 3124 West County Highway in Santa Rosa Beach, Florida, the new office is the brokerage's 28th in Florida, where some 1,300 Douglas Elliman sales associates operate in markets across the state.

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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 United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, D.C. 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 Realty is available on its website, www.elliman.com.

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