Pamela Liebman, a cast member on Netflix’s Buy My House, is the Corcoran Group’s CEO and president. The 60-year-old businesswoman Pam Liebman has a salary of $270,849 per year and a net worth of $23.5 billion in 2022.
Pamela Liebman is a registered real estate broker and the president and CEO of the Corcoran Group. She is finally ready to make her reality television debut with Netflix‘s Buy My House, a show in which Americans try to sell their homes to four real estate agents. Moreover, she had a successful career as a registered real estate broker.
The 60-year-old real estate agent was born in New York City (b. April 7, 1962) and raised on Staten Island. Her father was a Certified Public Accountant, while her mother was a teacher. She inherited her aptitude for numbers from these two. She had a younger sister and an older brother. She went to high school and was elected president. While attending the University of Massachusetts, Amherst, Pamela had an interest in real estate as well as owning a movie studio.
Home sellers in Netflix’s Buy My House show off their properties to a panel of investors in the format of Shark Tank. Among the investors are veteran NFL linebacker Brandon Copeland, Redfin CEO Glenn Kelman, Corcoran Group CEO Pamela Liebman, and luxury real estate broker Danisha Wrighster.
The idea is that after meeting the owners of the homes that have been offered to them, they will submit bids on those homes because they each have extensive experience investing in and profiting from real estate.
After hearing residents pitch their homes, four real estate experts decide whether they want to buy the properties as investments. The expert panel’s four investors are all well-known business figures. However, many show viewers are unaware of who the judges are. Similarly, many viewers have been curious about Pamela Liebman’s salary and net worth. So don’t worry, we’ve got you covered.
Pamela Liebman’s Net Worth & Salary: The CEO of the Corcoran Group Is a Billionaire!
The Wall Street Journal, The New York Times, and The Financial Times all praised Pamela Liebman (@pamelaliebman). She has also been named one of New York’s Top 50 Most Powerful Women for several years. Moreover, she is currently the President and CEO of the Corcoran Group.
According to sources, she earns $270,849 per year and has a net worth of $23.5 billion. She is well-versed in setting sales records and making strategic business decisions. As a registered real estate broker, she had been in the business for about two decades. As the group’s CEO, she earns an estimated annual salary of around $1 million.
Pamela Liebman was living in her home in New Jersey with her husband and two daughters at the time. She also mentioned having a second home at Canyon Ranch in Miami. The 60-year-old real estate agent is also a generous donor to charitable organizations.
She is a member of the Young President’s Organization, The Committee of 2022, and the Partnership for New York City. Liebman has also served on the Board of Directors of The Bass Museum, the Executive Committee of the Mount Sinai Medical Center Foundation, and the Executive Committee and Board of Governors of the Real Estate Board of New York.
Buy My House star owns over 16,000 units of Standard Motor Products stock worth over $1,645,683 and has sold SMP stock worth over $996,920 in the last 15 years. She also earns $197,038 as an Independent Director at Standard Motor Products. According to Form 4 filed with the SEC, Pamela has made over two trades of Standard Motor Products stock since 2019. On September 10, 2019, she sold 16,000 units of SMP stock for $800,000 in total. Pamela Liebman has traded approximately 800 units every 5 days on average since 2007.
By the year 2000, the real estate agent had established the brand in South Florida and the Hamptons, and she was responsible for some of New York’s most well-known developments, including the record-breaking 220 Central Park South. Corcoran became the network with the fastest rate of growth after opening its first international franchise in the British Virgin Islands.
Meanwhile, the mother of two started her career as a real estate agent in 1984 and worked her way up to the senior managing director, where she stayed for four years before becoming a partner. In addition, she established the Corcoran Group Marketing division, which focused on new developments.
She partnered with Sunshine Marketing Group to improve the division’s performance, and eleven years later she was named the organization’s president and founder. Pamela Liebman built up a portfolio of $5 billion worth of property. Now standing at $100 million and counting net worth, she sold The Corcoran Group to National Reality Trust in 2001 for $66 million.
On the other hand, Pamela Liebman’s interests shifted after a while; she desired the opportunity to engage in negotiation rather than working a 9-5 job; at that point, her thoughts turned to entering the real estate industry. She began her professional career at Corcoran after graduating from the European Business School in London.
When the company’s founder, Barbara Corcoran, hired the reality star when she was only 22, there were only 30 other employees, and Barbara remarked that Pamela Liebman didn’t seem like the type of person who would stay in one place for an extended period of time. She did, however, prove Barbara wrong by devoting 39 years of her life to the company.
Learn About Pamela Liebman’s Relationship Status!
Pamela Liebman is happily married to Michael Krause, her long-term partner. Krause is a well-known chiropractor. Tori and Dylan, the couple’s two children, now live in New Jersey. They frequently post photos of their achievements on Instagram. Pamela and Michael appeared to frequently go on family outings with their daughters and their respective partners.
However, the president and CEO of the Corcoran Group and Michael met on their first date by playing golf, and on one of their subsequent dates, they went biking. In addition, they played sports all over Hawaii on their honeymoon.
So, from the looks of things, they’ve been an adventurous couple. However, they appeared to be quite cautious when it came to appearing in public and sharing their stories with the public.