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Compass launches resort division for agents in vacation-home markets

Housing Wire

Compass is certainly known for luxury property 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. “Agents become more like wealth managers, helping them evaluate investment potential, seasonal rental opportunities, and resale value.

Agents 368
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Coldwell Banker Realty welcomes top-performing New England agent 

Housing Wire

With more than 16 years of real estate experience, Wood brings extensive expertise in sales, rentals and real estate investing. Additionally, Wood earned a certification as a Luxury Property Specialist and will join the Coldwell Banker Global Luxury program network.

Realty 409
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How to become a luxury real estate agent

Housing Wire

Depending on your market location, luxury properties might be priced at $500,000 or $50 million! What we would like to focus on for the purposes of this article are the top 10-20% premium properties in your market. million, this 3,400-square-foot property on Riverside Boulevard is a true gem on New York City’s Upper West Side.

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What lies ahead

Housing Wire

Luxury is becoming more and more sought-after From the modest beginnings of room rentals, property owners are now capitalizing on the desire for uniqueness by offering themed getaways – from jungle escapades to art-inspired havens. According to data, luxury properties had an occupancy rate of 49.1

Investors 423
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Japanese luxury-home developer plans U.S. IPO

Housing Wire

“The target customers of our single-family homes are wealthy family buyers who are looking for luxury single-family homes as their primary residence, while the target customers of our condominiums are institutional customers who look to purchase entire condominiums for investment purposes.”. IPO appeared first on HousingWire.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

In downtown Chicago, with the high rises, it’s a buyer’s market — maybe the biggest buyer’s market in history if it’s a luxury property. “In We are seeing an investment by both small and large businesses in our economy,” said Mike Van Cleve , a Peoria-based agent for RE/MAX Traders Unlimited.

Inventory 444
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5 Contingencies You Should Never Remove When Buying a House

Realtor

While it’s tempting for buyers to waive contingencies to make an offer more compelling, it can leave them unprotected from unexpected fees, health-threatening situations, and—worst-case scenario—a bad investment. Buying a house at a price above the appraised value will pretty much ensure that the buyer will never recoup their investment.”.