Posted on: 26/11/2021 Posted by: Author Comments: 0

real estateEstablished in 1911, Douglas Elliman Real Estate is the biggest brokerage within the New York Metropolitan area and the second largest independent residential real estate brokerage in the United States by sales quantity. For those not in effectively-versed in housing terminology, “REO” stands for “actual estate owned” — a time period used to explain foreclosed property that has been transferred back to a bank or lender after an unsuccessful public sale.

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