As fall approaches, there is no better time to escape to a seaside destination that still offers up fresh saltwater air without the seasonal crowds. Fortunately, the Christie’s International Real Estate network spans both coasts and beyond, so we spoke with some Christie’s International Real Estate Affiliate owners and agents in coastal destinations to get their expert opinion on what they love about the places they call home – and sell homes.
@properties has been named to the 2022 Inc. 5000 List – the most prestigious ranking of the nation’s fastest-growing private companies – for an incredible 13th time. The announcement comes on the heels of the tech-focused company’s “Brokerage of the Year” honor from Inman News and follows its December 2021 acquisition of Christie’s International Real Estate.
Since its inception in 2000, @properties has become the 9th largest brokerage firm in the nation with over $23 billion in annual sales volume, according to the latest RealTrends 500 ranking. @properties co-founders Mike Golden and Thad Wong attribute much of the firm’s growth to its industry-leading technology, marketing, and agent-training programs. With the addition of Christie’s International Real Estate, the company now offers clients the enhanced benefits of a worldwide luxury real estate network spanning 48 countries and territories. The company also has a close relationship with Christie’s, the world-leading art and luxury business founded in 1766, giving clients another conduit to Christie’s auction, private-sale, and appraisal services.
From the grocery store to your energy bills, inflation has become a reality of everyday life. And while June’s inflation reading of 9.1% – a 40-year high – has caused many people to reexamine their budgets, hard assets like real estate are still very much in favor because they offer protection against rising prices. Here are a few reasons why real estate can serve as a hedge against inflation.
With a fixed-rate mortgage, the monthly payment (principal and interest) for your home will remain the same, whereas rental costs will rise. On top of that, mortgages become “more affordable” over time as wages increase and the value of the dollar decreases.
The buzz surrounding cryptocurrency and the blockchain is hard to ignore. Many speculate on whether digital currency is here to stay as it continues to ride the wave of an up and down market, but the blockchain technology that supports it has the potential to transform many verticals, including real estate.
The technology has already presented tremendous opportunity within the art world through NFTs, or non-fungible tokens. In 2021, Christie’s auction house sold Beeple’s Everydays: The First 5000 Days for $69,346,250. It was the first NFT based purely on a digital work of art ever offered by a major auction house. The sale also marked the first-time cryptocurrency was accepted at an art auction.
In today’s competitive real estate market, prices are up, multiple offers are no longer the exception, and listings are being snatched up at breakneck speed. While sellers have the advantage in most cases, some are sitting on the sidelines knowing they will have fewer options when they become buyers. That’s why it’s imperative to plan ahead.
If you’re thinking about selling your home, here are a few ways to navigate the current market:
Spring 2022 continues to be a strong sellers’ market throughout most of @properties Christie’s International Real Estate territory including Chicagoland, Northwest Indiana, Southwest Michigan, and Southeast Wisconsin. To gain an understanding of overall and local market trends, and how both buyers and sellers can best prepare, we asked the following managing brokers from @properties Christie’s International Real Estate to offer their guidance.
@properties has partnered with Northern California real estate firm Sereno, one of the top independent brokerages in the nation. The pairing will bolster the Christie’s International Real Estate network with a strong presence in the Bay Area – one of the nation’s top luxury real estate markets – and introduce @properties’ industry-leading technology and marketing to the West Coast. Continue reading
Following the acquisition of the Christie’s International Real Estate brand and network late last year, @properties has officially become @properties Christie’s International Real Estate. The new name applies to our offices in Chicagoland, Northwest Indiana, Southwest Michigan, and Lake Geneva, Wisconsin.
2021 has been a wild year in residential real estate. In the newest installment of @ The Market, @properties co-CEOs Thad Wong and Mike Golden talk about opportunities this fall market.
15 years ago, @properties made its debut on the Inc. 5000 list of the fastest-growing private companies in the U.S. At the time, @properties was a spirited startup with just over 400 agents and 4 offices in Chicago. Today, @properties is the 8th largest brokerage firm in the country by sales volume and a 12-time Inc. 5000 honoree.