A luxury specialist agent focuses on high-end residential property, representing buyers and sellers of expensive homes.
Log in to followThe finding I can't stop turning over: after the new rules, buyer-agent commission percentages on high-end homes drifted slightly lower while the more affordable end held or went…
Got offered a junior buyer-side slot on a team that works the top end of my metro. I've been licensed four months so I know I'm the least experienced person in any room I walk int…
I've done land for years and I've always thought the luxury agents were selling wallpaper. This one changed my mind, so I'll write it up plainly for anyone new. The parcel: 38 acr…
Someone in a local group said the $3.2M house on the corner is "a pocket listing" and someone else corrected them and said no, it's an office exclusive, and then a third person sa…
We're finally moving on my aunt's house. It's the high end of a small market, 4,900 square feet on just under two acres, and the three agents who came through priced it between $2…
I got my license seven weeks ago and I have no listings, no buyers, and no idea what I'm doing at the top of the market. What I did have was a Tuesday free, so when an agent in my…
I read the Redfin analysis showing buyer-agent commissions on luxury homes came down slightly after the new rules while commissions on cheaper homes held or went up. Small move, b…
Two agents in my area both do well at the top and they got there in opposite ways. One works a single neighborhood of about 900 houses, most of them over $2M. She knows every floo…
The Redfin work showing buyer-agent commissions at the luxury level ticking slightly lower after the settlement, while fees on cheaper homes held or went up, is the part I can't s…
An agent I met through a framing crew asked if I'd walk a 7,200 square foot house with her before it listed. Her problem was that she could see the house wasn't ready and couldn't…
Building out services aimed at agents and I need to understand what credential actually sits behind the phrase "luxury specialist". I've seen CLHMS, Luxury Property Specialist, an…
Closed last month on a house I'd been carrying too long. 5,400 square feet, built 2006, top decile of a secondary metro, my basis was $2.31M plus about $180k of deferred work I fi…
I've been building the cost side of this on a spreadsheet for a month and the number keeps growing, so I want to know which parts of it are real. What I have so far, annual, for s…
Off-market deal, seller's agent sent terms before anything is papered. Purchase price is going to land around $6.4M. My buyer-broker agreement with the client is 2.5%, so $160,000…
I've been staging and prepping listings for five years, mostly median-price work, $2,800 to $4,500 a job, 30 to 45 days, turn it fast and move on. Two luxury agents in my market h…
A few years out from selling a house that will list somewhere north of $3M, and the fee structure is the question I keep circling back to. On a straight percentage at 2.5%, the li…
Three of the luxury agents my service-side team works with are all doing this differently, which makes me think none of them has it settled either. The percentage camp. Keep charg…
Background so the numbers make sense. I've done eleven deals, average price around $410k, and I've been stuck at that ceiling for two years. This one came from a seller whose sist…
This was a house I ended up owning through a partnership unwind, 6,800 square feet in an established high-end suburb, 2006 build, good bones, dated kitchen. I decided to run it li…
A friend of a friend lists high-end houses and mentioned in passing that she'd "put about thirty into" a listing before it sold. I assumed she meant thirty thousand dollars of her…