The Corcoran Group, Inc.
IndustryReal estate brokerage firm
Founded1973 (age 53)
FoundersBarbara Corcoran
Hq locationNew York City
ParentCompass, Inc.
Websitewww.corcoran.com

The Corcoran Group is an American real estate brokerage firm and a division of Compass, Inc.

History

Barbara Corcoran, a former diner waitress, founded the company in 1973 with a $1,000 loan.[1][2] In 2001, she sold the company to NRT for $66 million.[1][2]

In 2002, the company brokered $4.2 billion worth of real estate.[3] In 2004, Corcoran Group acquired McCann Coyner Clarke, which in the prior year had registered $310 million in closed sales volume.[4]

In 2022, the company was the second largest broker of residential real estate in the East Village and the Lower East Side, selling $210 million in volume in 112 transactions in those neighborhoods.[5]

References

  1. ^ Sorkin, Andrew Ross & Blair, Jayson (September 25, 2001). "Corcoran Sells Realty Firm She Founded". The New York Times
  2. ^ Eng, Dinah (May 23, 2013). "Barbara Corcoran – From waitress to real estate queen". Fortune
  3. ^ "The Corcoran Group, Inc.". Encyclopedia.com
  4. ^ "Corcoran buys Florida real estate brokerage". Inman. 30 June 2004. Retrieved 7 April 2026.
  5. ^ Egbert, Bill (August 2, 2023). "Compass, Corcoran dominate the East Village and LES". The Real Deal