The Light Group Is Once Again Honored With Douglas Elliman’s Pinnacle Award At The 2024 Ellie’s

After a whirlwind of a year in Miami’s exciting real estate world, we are very honored to have been recognized at Douglas Elliman for our performance in 2023. Each spring, the company tallies up the sales figures using several different metrics in order to see which agents and teams are performing at their peak.

For the second year in a row, The Light Group has taken home an Ellie for the Pinnacle Award, meaning that we have transacted in the top 3% of all Douglas Elliman agents nationwide. This metric includes offices in markets such as New York, California, Texas, Colorado and of course Florida.

Being honored at this level is quite a feat as there are over 7,000 agents in 113 offices all vying for the prize.

The Metrics

Given that we service several different types of transactions, there were three main metrics that contributed to our status as a Pinnacle Team. GCI (gross commission income) is a value that reflects the volume of closings we have facilitated over the last year, which is different than the number of transactions. The Light Group was honored for our GCI in both rental and sale transactions as well as for the number of rental transactions we facilitated during 2023.

We are doubly proud to have orchestrated the systems needed in order to facilitate so many types of transactions. Whether helping our clients to list properties, find a location for a purchase, finding a tenant for a rental investment or finding a rental property for a tenant, we are well-equipped to help with transactions of all sizes. Quality of service is something that we regard with the highest importance, we are diligent in assisting as many new and existing Miamians as possible.

The Light Group Team

Naturally, none of this could have been possible without the dedication of our carefully-formulated team. Each member of The Light Group Team at Douglas Elliman has been chosen for a purpose and embraces their position proudly.

Clients of The Light Group do not experience agents who simply show up to open a door and sign a contract. Miami real estate is more than just showings and closings, rather it is curating the lifestyle our clients have in mind. We utilize our ever-evolving knowledge of the local markets, neighborhood characteristics and sweet spots of opportunity together with our finely-tuned systems and processes, negotiation prowess and communication skills to usher our clients in or out of their properties seamlessly.

Looking Ahead

While naysayers are always whispering in the wings, Miami’s luxury real estate market is showing no signs of slowing down. The limit on luxury continues to be pushed upward and sales have been so brisk that we are relying more and more upon our insider contacts to be the first brokers with offerings such as The Four Seasons Private Residences in Coconut Grove and The Residences at Mandarin Oriental on Brickell Key. On Miami Beach, new developments are experiencing similar demand with quiet sales offerings at The Ritz Carlton South Beach and The Shore Club Private Residences.

Many people have the misconception that working in real estate is easier when the market flourishes in the way that Miami has over recent years. Nothing could be farther from the truth. When the real estate market is booming, it becomes even more competitive and strong relationships are necessary in order to compete for the needs of our valued clients.

We are very eager to see how the luxury and ultra-luxury markets continue to evolve over the coming years. If you have considered making a move or an investment, we would be honored to work with you as well.

Please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman in order to go over your Miami area real estate goals and needs. You may reach Michael directly at (786) 566-1700 or via email at moc.semohyruxulimaim@leahcim.