About Brown Harris Stevens
Brown Harris Stevens (BHS), established in 1873, stands as one of the oldest and most prestigious privately held real estate firms in the United States. Headquartered in New York City, BHS has expanded its presence along the East Coast, serving areas including Connecticut, New Jersey, the Hudson Valley, the Hamptons, Palm Beach, and Miami. The firm's longstanding reputation is built on a foundation of exceptional service, integrity, and a deep understanding of luxury real estate markets.
In June 2020, BHS underwent a significant restructuring when its parent company, Terra Holdings, announced the merger of BHS with Halstead Real Estate. This strategic move unified the firms under the Brown Harris Stevens brand, creating one of the largest privately held real estate services companies with more than 2,500 agents and 55 offices across its service regions.
Throughout its history, BHS has been synonymous with excellence in real estate, representing some of the world's most prestigious properties. The firm's commitment to exceptional service, integrity, and a deep understanding of luxury real estate markets has solidified its position as a leader in the industry.
Today, Brown Harris Stevens continues to uphold its legacy of excellence, offering a comprehensive suite of real estate services tailored to the needs of its discerning clientele. With a focus on luxury properties and a commitment to personalized service, BHS remains a trusted leader in the markets it serves.
Services
Brown Harris Stevens offers a comprehensive suite of services tailored to the luxury real estate market:
Residential Sales and Leasing: BHS specializes in the sale and leasing of high-end residential properties, providing clients with personalized service and market expertise.
Property Management: Through its subsidiary, Brown Harris Stevens Residential Management, the firm offers full-service, white-glove property management for cooperatives and condominiums, overseeing more than 185 buildings and over 11,000 residences.
Commercial Real Estate: BHS's commercial division serves both the commercial and residential markets in the Metropolitan New York area, offering services in commercial leasing, sales, management, appraisal, and consulting.
Development Marketing: The firm specializes in the marketing, sales, and leasing of exceptional new residential developments, providing strategic guidance to developers.
Strengths
Established Reputation: With over 150 years in the industry, BHS has built a legacy of trust and excellence in luxury real estate.
Experienced Agents: BHS agents average over 20 years of experience, bringing deep market knowledge and professionalism to their clients.
Comprehensive Services: The firm's diverse offerings, from residential sales to property management and development marketing, provide clients with a holistic approach to their real estate needs.
Weaknesses
Limited Geographic Presence: While BHS has a strong presence on the East Coast, its operations are less extensive nationally and internationally compared to some competitors.
Variable Agent Reviews: Some clients have reported negative experiences with certain agents, highlighting the importance of evaluating individual agents rather than relying solely on the firm's reputation
Summary
Brown Harris Stevens stands as a venerable institution in the luxury real estate market, offering a wide array of services backed by a rich history and experienced professionals. Prospective clients seeking personalized service and deep market expertise may find BHS to be a strong choice. However, those considering properties outside the firm's primary markets or seeking a broader international reach may wish to explore additional options. As always, it's advisable to assess individual agents' track records to ensure the best fit for your specific real estate needs.