Next week, thousands of affiliates from the Sotheby’s International Realty® network will ascend upon Las Vegas for the brand’s annual Global Networking Event (GNE) from September 25th to 27th at the Wynn Las Vegas. Brokers, owners, managers and sales associates will come together at the event for extensive networking and learning opportunities with keynote speeches, breakout panels and cocktail receptions. RSIR is thrilled to share that three members of the firm were invited to speak at the GNE. Dean Jones, Owner and Principal of RSIR will lend his expertise to an Asia Global Alliance panel and a New Development panel, and RSIR brokers Sam Cunningham and Phil Greely will cover Metro Markets and Millennial Trends in Emerging Opportunities, respectively.
On Thursday, September 14th, a collective of the Realogics Sotheby’s International Realty (RSIR) Executive Team and brokers joined AREAA of Greater Seattle for the 2017 Emerging Gateways Luxury Summit. The event featured celebrity keynote speaker Josh Altman, a $3 billion realtor and star of Bravo TV’s Million Dollar Listing Los Angeles, along with a panel of experts who discussed local and global luxury market trends. Following the panel and guest speakers, guests mingled at a cocktail reception and mixer to share insights while taking in the gorgeous views at the Hyatt Regency Lake Washington.
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.
In a recent visit to Seattle, May Lee of CGTN discussed the growing interest in Seattle with Dean Jones, President & CEO of Realogics Sotheby’s International Realty (RSIR), who told her “the secret is out and the Chinese know it.” Jones cited the state’s lack of income tax, top-ranked schools and relative affordability compared to other West Coast peer markets as contributors to the rise in foreign investment. And the Seattle appeal is certainly evident, as Lee reports that “according to a property website in China, searches for real estate here [in Seattle] have more than doubled beating out other favorites like Los Angeles, New York and San Francisco.”
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.
At Future of Downtown Event, FutureCast Forum Panel is Announced
On August 24, Realogics, Inc, in partnership with Bisnow, announced the FutureCast Forum and their headlining panel participation at the annual “State of the Market” event in September. The panel and its participants were revealed during the morning networking event held at the Four Seasons to a crowd of approximately 200 real estate professionals.
In the latest edition of LUXE Magazine, the celebration event showcasing the launch of the Sky Series Residences along with new penthouse floor plans for the NEXUS tower. Hosted by Realogics Sotheby’s International Realty and Burrard Group, the reception was a grand affair that featured culinary delights with fine cocktails. Celebrating luxury lifestyles, this event held at the NEXUS Sales Center was a great success and a true testament of what NEXUS stands for.
Seattle PI Explores The Meteoric Median Home Price Gains, Experts Pipe In
In an provocative article published by the Seattle PI on August 15th, the question of soaring rents and skyrocketing home prices has caused 71-percent of homeowners in Washington to worry about a housing bubble, according to a recent survey by ValueInsured.