The Popular Print and Digital Platform Will Distribute Media from The FutureCast Forum; Property Listings
Representatives of Realogics Sotheby’s International Realty (RSIR) and Tiger Oak Media, publisher of Seattle Magazine announced today a new real estate portal to host content in print and online with SeattleMag.com. The exclusive platform will distribute news media from The FutureCast Forum – a collaborative of third-party opinion leaders that explore current and projected market fundamentals influencing the Seattle/Bellevue metro area by 2020 and beyond. It’s founding members and guest columnists will provide timely insights on the state of the economy, commercial and residential development, evolving demographics, wealth management considerations, government policy, lifestyle trends and international influences that are shaping the regional landscape. RSIR will also feature relevant property listings on the new media channel.
JayMarc Celebrates 100th Home Delivery within Mercer Island and West Bellevue while Pundits Warn of Rising Land and Construction Costs; Predict New Home Slow Down and Escalating Values
Representatives of JayMarc Homes have delivered the 2017 “425 Idea House” located at 9803 SE Shoreland Drive in Bellevue, enviably located within walking distance of Old Main Street attractions. The 5 bedroom, 4.5 bathroom manse is comprised of 5,690 sq. ft. with three stories, an in-home garage and inspiring views of Whalers Cove and downtown Bellevue. It’s the centerpiece of 425 Magazine’s 11th annual showcase of design, architecture and lifestyle, which was previewed on September 14th for ticketed guests and attracted more than 160 attendees. Listed for $4,488,888 by broker Daniel Sessoms of Realogics Sotheby’s International Realty(RSIR), a public open house weekend is scheduled for Saturday, September 16th and Sunday, September 17th from 11 a.m. to 5 p.m.
Written by William Hillis, Research Editor with RSIR
Golf, the world’s foremost stick-and-ball game, will forever be associated with Scotland. Yet the Puget Sound offers a strong assortment of world-leading courses playable year-round in the region’s mild climate amidst scenic topography. A fjord system of valleys carved by glaciers, the bays and inlets of Puget Sound are not unlike the firths of Scotland. And more than any other popular sport, golf is a game in which—in every sense—the landscape comes into play.
The firm’s resales surpass $1 Billion in 2017, a pace of growth that is credited to RSIR’s exclusive marketing platforms, international buyers, and broker micro-branding
Representatives of Realogics Sotheby’s International Realty (RSIR) confirmed today the firm has posted more than $1 billion in closed and pending home resales year to date, not including $225 million in new construction condominium presales that are also pending. The firm pegged a 40.6-percent growth rate for sales volumes year-over-year so far in 2017, according to Trendgraphix, leading the top ten largest real estate brands. The relatively boutique-sized company, comprised of just 225 brokers, also leads its immediate peer group in the average selling prices ($985,000), average buyer contracts ($839,500), average listing prices ($2,177,900) and total listing production per broker ($2,910,710) when comparing on a trailing 12-month basis per NWMLS data as of August 31, 2017.
Heed the Call of the Waves
Life on the shores of Puget Sound, as well as its neighboring straits and harbors, lakes and archipelagos, offers all the pleasures and adventure that draw people to the water’s edge. Realogics Sotheby’s International Realty presents a look at the waterfront market trends for the first half of 2017, from the shores of Bainbridge Island to the Emerald City and the Eastside.
Curbed Seattle recently put together a list of “The 25 most expensive Seattle homes for sale right now,” which included a variety of properties, “from waterfront mansions to postcard-view condos.” Realogics Sotheby’s International Realty (RSIR) had five listings make the list, a $13.8 million penthouse in Belltown and a $9.4 million Market Place Tower residence listed by RSIR brokers Scott Wasner and Moira Holley, two NEXUS Seattle penthouses (one offered at $4.9 million and the other at $4.8 million), and Lawtonwood, a $4.89 million estate listed by RSIR brokers Jay Kipp and Jennie Robbs.
Golden Gardens Harbor, listed by Hopper Group, received attention from the media recently, as it was featured on the Sotheby’s International Realty YouTube Channel and on Dwell’s “Editor’s Picks.” Wrapped in a multitude of windows, the 4,060 square foot home unfolds over three levels – all opening to broad balconies and terraces for seamless indoor and outdoor living.
The August 25th print edition of Bainbridge Island Review revealed the winners of the annual “Best of Bainbridge” contest, and we are thrilled to share that Realogics Sotheby’s International Realty (RSIR) was voted the Best Real Estate Company on the Island! We also want to congratulate our brokers Sonja Jones and Arthur Mortell, who were both finalists in the Best Realtor category. We are proud to serve the Bainbridge Island community with our Island Living Gallery, which anchors the Old Hardware Store in Winslow Way as a gathering place that honors the Island’s heritage and bright future. Representing all property types and price points, our resident experts live and work in the communities they serve.
In a feature published August 14th, Sightline Institute asks a question on many minds: why does Seattle build apartments but Vancouver, BC, builds condos? As the article notes, “last year nearly 60 percent of new housing starts in the city of Vancouver, BC, were condominiums; meanwhile, Seattle saw no new condominium buildings open.” Seattle’s lack of new condos won’t be changing anytime soon, as reportedly “less than 10 percent of all building slated for downtown Seattle in the next two years will be condos.” So, what gives? Sightline says it all comes down to economics.
A recent Inman article says “a brokerage can now target past visitors to its site and present them with relevant Facebook ads” in exciting new real estate platform.
Inman recently announced the launch of a brand new Facebook advertising initiative: “Dynamic Ads for Real Estate.” This platform will allow brokerages with an average of 100 listings or more to “advertise relevant listings to Facebook and Instagram users who have previously searched for properties on the brokerage’s website.” As Inman reports, Facebook recently hit a milestone 2 billion monthly users, and is looking to deliver content that speaks to the wants and needs of its consumers.