Three of Douglas Elliman’s top South Florida agents are teaming up to form the Exclusive Group.
Gary Pohrer, Nick Malinosky and Devin Kay had already done $100 million in deals together when they decided to form the team, Malinosky said. The group will include Malinosky’s partner from the Randy and Nick Team, Randy Ely, as well as Johnny DelPrete, Laura Preuss-Kühne, Dana Rothman and Michael O’Connor, according to a press release.
The team will specialize in luxury real estate in Miami, Boca Raton, Delray Beach, Highland Beach, Gulfstream, Palm Beach, Jupiter and Manalapan. Agents will work out of Elliman’s offices at 5555 Biscayne Boulevard, 340 Royal Poinciana Way, 900 East Atlantic Avenue and 400 South US Highway 1, the release shows.
Malinosky said the aim of the founders was to assemble a team of luxury specialists across the core South Florida markets. Pohrer is among Elliman’s top producers in Palm Beach, Kay in Miami and Malinosky in Delray Beach.
“It sort of started organically within Douglas Elliman of us all working together. It only made sense,” Malinosky said. The three heads of the Exclusive Group have closed a combined $7 billion in deals over the course of their careers, according to the release.
Agent teams have grown in popularity in recent years, with top producers often assembling dozens of up-and-comers to work beneath them. Malinosky says this agent team model is different.
“It’s opposite a big team that’s looking to hire a ton of agents. Each of us is at the top of their game,” he said.
The trio is announcing their new alliance just ahead of the busy winter season for South Florida’s residential markets. Though the past year has marked a slowdown from the region’s pandemic-fueled frenzy, with deal volume shrinking. But pricing has held, thanks to tight inventory and sustained demand for luxury homes.
“We are still very busy and very active,” Malinosky said. “Our season is just getting ready to take off.”