Barbara Corcoran's Sale Price
Barbara Corcoran sold The Corcoran Group in 2001 for a reported $66 million. The deal was with NRT LLC, a residential real estate brokerage.
Who Bought The Corcoran Group
The buyer was NRT LLC, a subsidiary of Realogy, now known as Anywhere Real Estate Inc. The acquisition helped expand NRT's brokerage footprint in major U.S. markets.
Barbara Corcoran's Career After the Sale
After the sale, Corcoran became a real estate investor, speaker, and media personality. She is widely known as a shark on the ABC show Shark Tank and a contributor on NBC's Today show.
Key Takeaways
The sale of The Corcoran Group is often cited as a landmark deal in real estate brokerage history. The transaction shows how a founder can build a brand and exit with a significant payout.
