From decor and design to dollars spent, homebuyers in the high-end market are unique, driven by a firm link between their portfolio of property and wealth. What characteristics define high-net worth individuals today? According to Coldwell Banker Global Luxury and WealthEngine, a luxury market researcher, the delineation between demi-billionaires, or those with a...
By Frederick Peters, Warburg Realty Today's New York City real estate market requires caution and care on the part of sellers. This is no time for ambitious, "it only takes one buyer" pricing. Many buyers who retreated to the sidelines in the past couple of years have returned to the market, knowing that their dollar will go further. And they're right—with inventory...
By Daniel Defendi Business security systems cover a range of options for business owners to protect and secure their properties from burglary and theft. Every business—brokerages included—can improve its security, whether it’s upgrading locks or installing a modern business security system. Here are some tips on what brokers can do to help protect their premises: Locks Proper...
By Alex Lehr The recent death of legendary singer Aretha Franklin initially posed a quandary for her four surviving sons. Because she didn’t leave a will, her $80 million fortune—including Franklin’s numerous real estate holdings—likely will take longer to divide, and the process could become very complicated. Although Franklin’s sons appointed her niece...
By Eric Mendelsohn Welcome to my 2018 preview of the fall season for buying and selling real estate in NYC! Market reports and the media tend to be reactive, so I want to express some thoughts that are more predictive. Although apartments are bought and sold year round, the main buying and selling seasons in NYC are the fall and spring months. These two time periods...
In the following interview, Matt Delhougne, broker/owner of RE/MAX Vision in Chesterfield, Mo., discusses generating leads, operating a team, and more.
Region Served: St. Louis Metro area
Years in Real Estate: 19
No. of Team Members: 41 agents, 14 support staff
2017 Closed Transactions: 671
Goal for 2018 Closed Transactions: 1,000
You grew...
By Dorothy Schrager I've done my fair share of staging over the years, from small one-bedroom apartments to luxury high-end properties, from completely empty spaces to those that just look tired and outdated. Staging has become a hugely valuable and successful tool in selling real estate. Whatever the size or price, the ultimate goal is always the same: to enhance...
By Keith Robinson, Chief Strategy Officer, NextHome Technology. Disintermediation. Agent-enabled tech. Tech-enabled agent. Portals. And on and on. There's a battle raging across residential real estate and people are collecting banner men and women faster than the season finale of Game of Thrones. We keep hearing different versions of the same thing: “Who is going...
By Frederick Peters, CEO of Warburg Realty What do real estate agents really earn? Every year the National Association of REALTORS® releases data on the median income of its members. For 2017, the median income for real estate agents countrywide was just under $40,000, while the median income for experienced brokers was over $100,000. Of course, there are many variables...
By the Experts at Hippo You've just returned from a trip to the beach. You ask yourself: Why should I continue to pay rental fees when I could own a vacation home and rent it out? Unless you're fairly wealthy, you'll need to make sure you can commit to buying a seasonal home before you start shopping around. Here are five indications that you're ready to take the...
