Proptech DropOffer, a company that developed an app to help agents assist buyers in off-market transactions, predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023. Continue reading
Stock market declines and recession concerns stopped the luxury market in its tracks in Q3, with home sales in the top percentile of the market declining 38 percent year over year, according to Redfin. Continue reading
Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading
This strategic alliance with RE/MAX will formally introduce the co-living leader to agents who operate in markets where it has homes and shares available. Continue reading
The super-prime market remained resilient, although low inventory and stock market volatility impacted buyers a bit during the second quarter, SERHANT.’s Garrett Derderian said. Continue reading
Luxury deals are down 18 percent year over year, and buyers are more cautious than they’ve been in years, a sign the market is continuing to normalize, according to agents and a new Redfin report. Continue reading
The tranquil, modernist home that inspired the 1970s photograph by Slim Aarons has sold for a record $13.06 million in Palm Springs in an off-market deal. Continue reading
The ski community of Sun Valley, Idaho, is home to Pacaso’s latest co-owned luxury home, with shares starting at $1.092 million. Continue reading
Luxury real estate brand Engel & Völkers and second-home co-ownership platform Pacaso have formally partnered to promote the sale of homes branded as co-owned luxury properties. Continue reading
At Inman Luxury Connect in Las Vegas, two star agents agreed that being happy in what you do, consistency and follow-up were keys to reaching the next level in luxury real estate sales. Continue reading