History of the Corcoran GroupFor over thirty years, The Corcoran Group has exemplified a steadfast commitment to service, creativity and hard work. The company was founded in 1973 as New York City began an historic transition from being a market predominately composed of rentals to one of individual ownership. Corcoran grasped the implications of this change by targeting specific neighborhoods and concentrating on higher-end properties. With that strategy, we quickly rose to prominence and thanks also to the acquisition of major real estate companies in Manhattan and Brooklyn, today we are the largest residential real estate firm in New York City.
Beginning in 2003 we started expanding our reach into other key luxury markets, acquiring leading firms in both The Hamptons and the South Florida. Today we boast a total of 50 offices and almost 2,000 agents. In 2007, Corcoran agents generated over $18 billion in total sales. Always striving for innovation, in 1995 The Corcoran Group launched one of the first real estate websites, corcoran.com. In 2010 we became the biggest brokerage on Facebook!
Today, it is an award-winning industry resource, attracting 3.5 million visitors per month and producing more sales than any other website in residential real estate. Tracking sales for over thirty years has also provided us with an unparalleled database. With that resource underlying our research, we proudly publish The Corcoran Report, one of the first real estate market research reports. It provides a thorough analysis of market trends by size and types of housing and neighborhoods. The Corcoran Report's sales statistics and timely market data have long been recognized as the most accurate and reliable in the industry.The reach of the Corcoran organization stretches beyond our own markets thanks to the Cartus Mobility Network, the nation's largest real estate referral organization comprised of more than a third of the top 500 brokerages in the United States as well as six global service centers on four continents.
In addition to this powerful resource we have our own outstanding Relocation and Corporate Services Division dedicated to helping individuals, families and relocating executives move in or out of all of our key markets. The real estate market has grown in value and complexity over the last thirty years, one thing remains the same: our commitment to understanding your individual needs and providing exceptional real estate experiences.
Our greatest reward is to help you realize your dream for living. Live who you are. Now that you know the background of the company, learn more about the Corcoran Group, contact Lee Presser.