LRE® Blog

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November 29, 2012

Santa Barbara’s Downtown Holiday Parade 2012 – A Diamond Holiday

Courtesy of Staci Caplan and Michael Humphrey of Sterling Properties & Estates - Santa Barbara Luxury Homes and Real Estate Love the winter holidays but hate harsh winters? Owners of Santa Barbara real estate enjoy the best of both worlds! One of the great things about Santa Barbara is that we are south-facing, meaning we experience a year round, mild, Mediterranean climate very similar to the south coast of France, or the Amalfi coast of Italy. Owners of Santa Barbara homes are familiar with the benefits of our ideal climate and this is one of the many reasons we live here. While we may not experience the traditional charm of a snow-sprinkled landscape, we do take advantage of the opportunity to attend outdoor events year-round, such as the Downtown Holiday Parade this Friday, November 30th at 6:30pm along historic State Street in downtown Santa Barbara.

November 28, 2012

LRE Member Properties Selected for Feature in ALEM Magazine

Courtesy of LuxuryRealEstate Properties listed by Who’s Who in Luxury Real Estate members will be featured in ALEM Magazine, a Turkish lifestyle publication. The Bay Area Team and Rimontgó were selected to feature properties that they list in the Dekorasyon (home décor and lifestyle) section. Please view the articles here:

November 27, 2012

The Official Real Estate Partners of Art Miami & Art Wynwood Announced

Courtesy of Jenika Scott of Premier Estate Properties Inc. Christie’s International Real Estate and Premier Estate Properties announce our sponsorship as the Official Real Estate Partners of Art Miami and Art Wynwood. Contemporary art continues to achieve record sale prices, driven by discerning buyers from around the world who are intent on acquiring signature pieces for their private collections. The audience for contemporary art is highly qualified to purchase luxury assets beyond fine art, including important real estate.

November 26, 2012

The Nature of Negotiation

Courtesy of Frederick Peters, President of Warburg Realty Last Monday night I taught a negotiating class to a group of senior agents at The Real Estate Board of New York with a banker friend with decades of negotiating experience. What we have both learned over the years is that negotiating is a complicated and intricate dance best performed by cool heads who are able to remain non-adversarial. Emotion, unless judiciously and sparingly deployed, tends to be the enemy of successful outcomes over time. Keeping the conversation rational is one of the most significant reasons principals are drawn to agents. As I say to my agents at Warburg, the buyers and sellers are capable of being emotional all by themselves. If that is how YOU are going to behave, what value are you adding? This is the purchase or sale of their home; they’re ALREADY emotional.

November 21, 2012

The Spanish Island of Mallorca

Courtesy of Geoff Llewellyn of Michael Perkins Finest Properties Mallorca is the largest of Spain's Balaeric Islands, blessed with on average 300 days of sunshine a year, it attracts an international mix of people who live, work and play here. It provides a stable political environment with reputable lawyers, banks and currency exchange specialists who speak most European languages. It has a very reliable legal system, property rights and a long history of increasing property prices and values. There is little risk of overdevelopment of the island in construction terms, because of protected "green zones" and limited land and infrastructure to support mass development. It takes on average just two hours to fly to the capital city Palma from most major European cities and Palma airport is a modern facility which includes a private jet terminal. There arAe 262 beaches to discover and enjoy and with over 20 superb courses, the island is a golfer's paradise. A year round cultural calendar with specific opera and ballet seasons and summer music festivals of different genres, attract international performers. Surrounded by the Mediterranean Sea the island is a fabulous place to enjoy all water sports particularly yachting with its well equipped marinas. Palma is one of the most beautiful cities in Europe, with well maintained and sympathetically restored historic buildings preserving the city's rich architectural heritage. Popular with the Spanish Royal Family who reside here each August, Mallorca is the perfect choice for a holiday or permanent home.

November 19, 2012

Giving Thanks 2012

Courtesy of Frederick Peters, President of Warburg Realty This year there will be 39 hungry attendees at our house for Thanksgiving. As we move furniture around and I roll endless pie crusts, I am inspired by the holiday, as every year, to ruminate on what I feel grateful for. As I noted in this blog last year, part of our holiday tradition (and one that will clearly take a while this year) is that we go around the tables and each person takes a moment to give thanks for whatever is good in his or her own life. So in that mode I want to share my professional gratitude list for 2012 here:

November 15, 2012

Santa Barbara Arts and Culture – The Funk Zone

Courtesy of Staci Caplan and Michael Humphrey of Sterling Properties & Estates When people think of Santa Barbara, the scenes that often come to mind first are of architecture with gleaming white stucco structures topped by our famous red rile roofs, luxury homes in exclusive neighborhoods such as Monetcito and Hope Ranch, an endless array of boutique shops, decadent dining options, world class wineries, resplendent resorts, meticulously maintained golf courses, and our spectacular waterfront. Santa Barbra excels in all of these areas, making it a treasured hotspot for luxury lifestylers and celebrities as well as an excellent destination for anyone interested in arts and culture. However, some of the most exciting and inspiring aspects of Santa Barbara’s arts scene are found not in polished, pristine galleries or grand theatres, but in Santa Barbara’s legendary Funk Zone.

November 14, 2012

Tech Tips and Common Sense

Courtesy of Frederick Peters, President of Warburg Realty I have spent the last three days at the National Association of Realtors conference in Orlando, Florida. Although I am no fan of Orlando, which seems to me like a place without a place, the conference was, as it always is, a fascinating experience in a number of ways. The amount of new technology on display is dazzling, and not just for real estate professionals. Online document management and e-signature applications will be altering the way business is transacted in the legal community and the venture capital and hedge fund worlds as well as in real estate deals of every stripe. It makes me realize, yet again, what a backwater our ultra sophisticated home town remains for the real estate professional and his clients. The rest of the country has sprinted ahead of us in listings search and client interaction software, while we in Manhattan have remained in a minimally competitive environment which has stifled competition and innovation. At last this is about to change, as the RLS, our local version of an MLS, will launch before year's end, opening our city to the enormous grab bag of applications which have been enjoyed by the rest of the country for years.

November 8, 2012

Santa Barbara’s Veterans Day Celebrations

Courtesy of Staci Caplan and Michael Humphrey Sterling Properties & Estates - Santa Barbara Luxury Homes and Real Estate Living in idyllic Santa Barbara, nestled between soaring mountains and the sparkling Pacific Ocean, enjoying the selection of some of the finest luxury real estate opportunities in the world, it’s easy to feel as if you’ve been completely whisked away from the rest of the world. However, with Veterans Day approaching, it is important to remember and honor those who fought so bravely for the many freedoms that we enjoy today.

November 5, 2012

The Future’s a Mystery…Or Is It?

Courtesy of Frederick Peters, President of Warburg Realty I spent Sunday afternoon at a wedding in West Orange, New Jersey, from which I had a wonderful broad panoramic view of the Manhattan skyline. It looked particularly resplendent glowing in the late afternoon sun, and I was overwhelmed by its beauty, which seems particularly poignant and fragile after the events of the past week. Was it really possible that, beneath the surface of this soaring hymn to modernity, the discordant notes of hunger, cold, lack of access to care, homelessness and vulnerability to crime continued to sound so widely in the wake of the disaster of Sandy? And what are we, as citizens of this unique metropolis which is so much a part of our lives and our souls, to do to protect it and its residents from a future likely to include more such occurrences?
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