By Trang Ho, Investor’s Business Daily
Dolly Lenz reigns as the queen of U.S. real estate.
"I just believe in trying to help in any way I can in adding value to somebody else's life"
As vice chairman of Prudential Douglas Elliman in New York City, she has moved more than $7 billion in real estate.
That's more than double the next top agent in the country.
As it is, Lenz sold $750 million worth of property in 2007 and raked in $10 million in commission, she says. By contrast, real estate agents' median sales volume that year was $1.6 million. And the income for an agent with comparable experience was $69,500, according to the National Association of Realtors.
Catering to wealthy entertainers and entrepreneurs, Lenz is a top power in New York real estate, along with Donald Trump.