This is a fundamental redesign of how Douglas Elliman operates and, more importantly, how we create value,” Michael Liebowitz, the president and CEO of Douglas Elliman, told investors and analysts on his firm’s Q2 2026 earnings call on Friday. The firm said this effort is “designed to fundamentally change how Douglas Elliman operates to improve efficiency, enhance the agent adviser and client experience, and reshape its long-term cost structure.” While still in the early stages, Douglas Elliman executives said they are excited about their new technology initiatives and where they will be able to take the company. As he looks ahead, Liebowitz said he is confident Douglas Elliman has what it takes to succeed in whatever conditions are thrown at the industry next. “I remain deeply confident in the strength and brand power of the Douglas Elliman franchise and am extremely energized by the incredible opportunities that lie ahead,” he said.