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The bi-annual report reveals a resilient luxury real estate market in the first six months of 2024 that is slightly outpacing performance from the equivalent period in 2023. In a complementary survey of Coldwell Banker Global LuxuryProperty Specialists, nearly 70% of respondents expressed confidence in the health of the 2024 luxury market.
Compass is certainly known for luxuryproperty sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes.
From luxuryproperty tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a real estate investor or just love stunning homes, these real estate Instagram accounts are a must-follow.
I am passionate about providing white-glove service to my buyers and sellers, and Coldwell Banker Realty will enable me to enhance that important aspect of my business,” Wood said. Additionally, Wood earned a certification as a LuxuryProperty Specialist and will join the Coldwell Banker Global Luxury program network.
You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+?
Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. Michaels also noted that his business is still seeing a steady stream of out-of-town buyers. “We
housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxuryproperty specialists expect more luxurybuyers to reenter the market in 2025.
Even though most agents focus their marketing efforts online, people start thinking about finding a real estate agent well before they hit ENTER on their first Google search. Knowing this, real estate agents should always find friendly, conversational ways to stay on their potential clients minds year-round.
“Inventory is almost nonexistent,” said Melissa Kingsbury , a Redfin agent who works in the southwest suburbs of Chicago. “If Kingsbury said homes at lower price points have the largest buyer pools and are frequently subject to the stiffest competition. That is a pretty tough sell for someone who has a $3 million budget,” Laricy said.
As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.
Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on market value, while non-luxury homes are those with estimated values in the 35th to 65th percentile. High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. year over year.
In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. 1, and runs through May 1.
First impressions matter, especially in the luxury real estate market. And often your first impression as a brokerage or an agent is your online presence. Here are a few pointers to keep in mind for building out your digital presence — whether you’re a solo agent or a global brokerage.
Even more expensive properties are seeing price increases: In Q2, the median sale price of luxury homes in the U.S. However, the increasing percentage of properties listed for seven figures makes it harder for potential buyers, particularly first-time ones, to afford a home. reached a record $1.18
Real estate agents today need outstanding websites — or, at the very least, highly functional ones — to both attract and communicate with clients. If you target luxurybuyers and sellers, it’s worth considering this investment, which also comes with the ability to choose a DIY or done-for-you build-out.
When listing a luxuryproperty, agents must bear in mind that buyers’ expectations are higher than ever. They want to see a home that aligns with the aspirational architectural content they watch and read. And color can effectively illustrate that designer lifestyle.
We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. Whether you’re newly licensed or an experienced agent who had a productive year — if you’re looking for a change, it’s likely you’ve started receiving emails, letters, and phone calls from all kinds of real estate firms.
Getty Images Buyers, we know it’s hard out there for you right now. All of this demand means buyers are going to ever-greater lengths to make their offer stand out. All of this demand means buyers are going to ever-greater lengths to make their offer stand out.
With her expert knowledge of Woburn and the surrounding towns, it is no wonder that she has been the top agent in Woburn for over twenty-five years! And has quickly became a key figure, known for her expertise with buyers, sellers, and investors. Cyn di thrives to make her buyers and sellers her top priority.
has released their “Top Producing Agents,” for May 2021! This program recognizes Lamacchia Realty agents with the Top 10 agents by company and Top 3 or 5 agents by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Laurie joined Lamacchia Realty Leominster in the spring of 2019.
H e was named on Boston Agent Magazines Whos Who List , and ranked on the 2023 RealTrends Americas Best Real Estate Professionals in Massachusetts. is skilled in many facets of real estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & LuxuryProperties.
has released their “Top Producing Agents,” for September 2021! This program recognizes Lamacchia Realty agents with the Top 10 agents by company and Top 3 or 5 agents by office with the highest transaction numbers or sales for the month! Bea was also awarded the 2020 Top Agent for Sales in the Norwood office.
Second-home buyers are seeking alternative solutions to help them own vacation homes without incurring more costs and frustrations. Thus, homebuyers are embracing co-ownership of luxuryproperties as it allows multiple owners to share the capital costs while reaping the benefits of owning a vacation home.
Potential clients can find properties and then reach out to you literally with the push of a button. If you don’t respond quickly enough for their tastes, they’ll move on to the next agent quickly. It is imperative that agents turn to professionals so that properties are shown at their very best.
Make sure you’re well-suited to specialize in luxury appraisal. Once you’ve become a certified residential or certified general appraiser , you are technically qualified to appraise luxuryproperties. Familiarize yourself with the luxury home market.
Additionally, Laurie was named the #1 agent in the Leominster office for total sales and highest sales volume in 2019 and 2020 and is consistently named a top producing agent for the office as well as company-wide. Paul is also consistently named a top producing agent in the Woburn office as well as company-wide.
Which types of homes tend to be most attractive to buyers? To help you overcome these challenges, HomeLight spoke with one of the most successful real estate agents in the Chicago metro area, one of the city’s leading home appraisers, and a professional Chicago landscaper. Westhoff notes that many buyers still prefer white cabinets.
Additionally, Laurie was named the #1 agent in the Leominster office for total sales and highest sales volume in 2019 , 2020 , and 2021. Additionally, Laurie was named the #1 agent in Leominster for units, sales sides, and sales volume and #1 agent in Worcester county by sales volume.
Additionally, Laurie was named the #1 agent in the Leominster office for total sales and highest sales volume in 2019 and 2020 and is consistently named a top producing agent for the office as well as company-wide. Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.
It is very common for agents to be excited about increasing their sales price to sell properties in the high-end and luxury home market. Maybe you’ve watched a few of the luxury real estate reality shows, and they sure make it look glamorous, don’t they? Choosing your slice of the luxury home market.
Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. The more information and detail you include on the report and the more you can show the lender and the owner / potential buyer, the better.
This program recognizes the Top 10 REALTORS® out of the nearly 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Most recently, Eileen was named in the Boston Agent Magazine’s Who’s Who edition for 2022 ! Lamacchia Realty, Inc.
With her expert knowledge of Woburn and the surrounding towns, it is no wonder that she has been the top agent in Woburn for over twenty-five years! Most recently, Eileen was named in the Boston Agent Magazine’s Who’s Who edition for 2022 ! Most recently, Lisa was named in the Boston Agent Magazine’s Who’s Who edition for 2022 !
Additionally, Laurie was named the #1 agent in the Leominster office for total sales and highest sales volume in 2019 , 2020 , and 2021. Additionally, Laurie was named the #1 agent in Leominster for units, sales sides, and sales volume and #1 agent in Worcester county by sales volume. To learn more about Cristina, click here!
Additionally, Laurie was named the #1 agent in the Leominster office for total sales and highest sales volume in 2019 and 2020 and is consistently named a top producing agent for the office as well as company-wide. Paul is also consistently named a top producing agent in the Woburn office as well as company-wide.
He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & LuxuryProperties. Paul is also consistently named a top producing agent in the Woburn office as well as company-wide. Amy Bisson Elisha Lynch Deanna Faucher Dawn Kelley Genevieve Botelho.
He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & LuxuryProperties. Paul is also consistently named a top producing agent in the Woburn office as well as company-wide.
With her expert knowledge of Woburn and the surrounding towns, it is no wonder that she has been the top agent in Woburn for over twenty-five years! Jason is ranked among the best agents in Central Massachusetts and is a consistent monthly top producing REALTOR® in the Worcester office. Jason was also named as a Top Producer for 2021.
With her expert knowledge of Woburn and the surrounding towns, it is no wonder that she has been the top agent in Woburn for over twenty-five years! Additionally, she was named in the Boston Agent Magazine’s Who’s Who edition for 2022 ! Shauna was also named in the Boston Agent Magazine’s Who’s Who 2022 edition !
Martin Award , a honor presented annually to an agent who embodies kindness and compassion every day. Jason is ranked among the best agents in Central Massachusetts and is a consistent monthly top-producing REALTOR® in the Worcester office. Most recently, Bea was named in Boston Agent Magazine’s Who’s Who for 2023!
With her expert knowledge of Woburn and the surrounding towns, it is no wonder that she has been the top agent in Woburn for over twenty-five years! Additionally, she was named in the Boston Agent Magazine’s Who’s Who edition for 2022. Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.
Gene viev e was also named in the Boston Agent Magazines Whos Who for 2022 and 2023 , and qualified for Lamacchia Realtys Top Producer Circle. is skilled in many facets of real estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & LuxuryProperties.
One of the biggest costs you’ll encounter in acquiring new properties and selling old ones is the real estate agents’ commission fees In Texas, these are typically 6% of the property’s sales price. Real estate agents on both sides of transactions use this platform to share and gain information.
We’ve seen more luxuryproperties sell (larger homes) and buyers at higher price points (larger homes) have been taking advantage of being able to work from home. 2) The trend feels uneven: Some properties are getting lots of offers and others aren’t, and some price ranges are more competitive. percent the previous week.
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