Douglas Elliman Launches Elli AI Assistant
Rhea-AI Summary
Douglas Elliman (NYSE: DOUG) launched Elli AI, an AI‑assistant app for agents on Oct. 7, 2025. Elli AI will debut in Florida and is slated for a national rollout in 2026 for the firm's 6,600 agents. The white‑labeled platform integrates with the company website and intranet and lets agents search MLS boards in natural language, generate branded reports, create personalized lifestyle maps, and access live data such as public records and real‑time mortgage rates. Elli AI includes a Smart Match feature for off‑market listings and a property editor that drafts descriptions, pitches, and pricing language.
Positive
- Planned national rollout in 2026 after initial Florida launch
- 6,600 agents targeted for platform access
- Integrates MLS, public records, and real‑time mortgage rates
- Features Smart Match for off‑market listing buyer data
Negative
- None.
News Market Reaction
On the day this news was published, DOUG declined 4.70%, reflecting a moderate negative market reaction. Argus tracked a peak move of +4.9% during that session. Argus tracked a trough of -2.4% from its starting point during tracking. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $13M from the company's valuation, bringing the market cap to $254M at that time.
Data tracked by StockTitan Argus on the day of publication.
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"AI is revolutionizing the way the world works — and real estate is no exception," said Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc. "But even as Douglas Elliman invests heavily in this transformative technology that we believe will define the future of the industry, real estate is and always will be a people business. That's why Elli AI is designed to help our agents save time on manual searches and repetitive tasks, so they can focus on what matters most: building relationships and serving their clients."
A white-labeled platform fully integrated with the Douglas Elliman website and intranet, Elli AI empowers real estate agents to search with "natural language," across multiple-listing-service (MLS) boards, instantly generate branded reports, and seamlessly share them with clients. The app also enables agents to create personalized lifestyle maps with the ability to refine based on search and provide accurate and useful data.
Able to aggregate insights from MLS, public records, and the web—from school and restaurant ratings to real-time mortgage rates and more—Elli AI provides real market insights backed by live data, positioning the agent as the local expert.
Elli's Smart Match feature allows listing agents with off-market properties to see real-time buyer data from other Elli users. Using the app's property-specific editor mode, agents can generate property descriptions, pitches, presentation strategy, and pricing strategy language, all composed by Elli. Additionally, the app can suggest ways—and even provide talking points—for agents to explain a property's value.
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
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SOURCE Douglas Elliman