Luxury Real Estate Blog

The next big thing in luxury

Apr 10, 2008

By Janice Ridge What is the next big thing for the Ultra-wealthy? Hot air!! Hot-air balloons, that is. Krug, the French champagne maker, offers the most-expensive hot-air balloon ride in the world, available in various locations around the world. The price tag of about $80,000 (that’s 4 zeroes!) for 8 persons is all-inclusive: While your personal butler serves you a gourmet meal and champagne (Krug, of course), enjoy the majestic scenery in your white leather digs, high above sea level! Now that’s luxury. Hey, do you think they sell “fractional” hot-air balloons? Editor’s Note: As the Director of Membership at LuxuryRealEstate.com, and herself a licensed REALTOR®, Janice Ridge is devoted to coordinating the efforts of all of the LuxuryRealEstate.com Membership and Account Managers, so that each of our members is given superior service. This is a unique bragging opportunity to say that you’ve taken the most-expensive hot-air balloon ride in the world. Maybe this is the next big thing for you.

Living in the moment…

Apr 09, 2008

By Scott Rudolph I speak with so many that I find myself often speaking with people in various stages of illness. Short- and long-term sickness is an unfortunate occurrence but it allows us to reassess and prioritize what matters most! Truth is, sick or not, we are writing our life story in each moment, with each decision. Is your story an adventure? Is the relationship with your spouse a love story?

Record sale in St. Barth!

Apr 09, 2008

By Brian Langhorst Tom Smyth of St. Barth Properties Sotheby’s International Realty a member of Who’s Who in Luxury Real Estate, recently closed the highest-priced private residential sale in the history of St. Barth! This notable listing was closed at €25,000,000 ($39,000,000). We are very proud to have Tom Smyth and his team of professionals in our network. Congratulations! Editor’s Note: Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. This is wonderful news! What a beautiful property. Good job, Tom!

Referrals: The best compliment you can give

Apr 09, 2008

By Meghan Barry At my dentist’s office, there is a sign on the back of every treatment room door – “Your referrals are the best compliment you can give. Please refer your friends and family to us.” In the last few weeks, Who’s Who in Luxury Real Estate (and Board of Regents) members Bonnie Smith Allen and Rob Thomson have provided us with referrals on prospective members. This is an extremely important aspect of our membership. Members are encouraged to recruit and refer potential members to us, to take ownership over the type of members we include in the network. We appreciate that Bonnie and Rob are invested in our brand so much that they want to contribute to our success in this way. Editor’s Note: Meghan Barry is the Executive Vice President of LuxuryRealEstate.com. She works closely with CEO John Brian Losh to organize a variety of Luxury Real Estate programs, events and services. I recently read a study showing that, even in our digital age in which information is shared through a variety of sophisticated media, the most trusted source of information is word-of-mouth referrals. We trust people we know more than other sources telling us what to do. This is very important to remember as we strive to succeed in our efforts.

Marketing before the storm

Apr 08, 2008

By Jean-Yves Piton During my recent discussions with many luxury real estate professionals in various foreign countries, talks about increased competition always seem to surface. Clearly, the industry has become more competitive this year than before in most geographic markets, whether such luxury real estate experts are located in regulated markets or not.

Spring 2008 issue of LuxuryRealEstate.com Magazine online

Apr 04, 2008

By Courtney Jackson The digital version of the spring issue of LuxuryRealEstate.com Magazine is now online! Click here to check it out: www.luxuryrealestate-digital.com/luxuryrealestate/2008spring/. Editor’s Note: Courtney Jackson is the Print Director for LuxuryRealEstate.com. She works closely with The Wall Street Journal, Unique Homes and a variety of other publications to help luxury brokers gain domestic and international exposure for their properties. As the author of the editorials in this magazine, I can vouch for its quality. I hope you enjoy reading it!

The time to buy in Florida is now!

Apr 03, 2008

By John Brian Losh Meghan Barry and I just did a 5-day sweep through Central Florida, visiting several of our prominent members on both the Gulf Coast and the Atlantic Coast. The prevailing feeling is that prices have stabilized and there are, at this time, homes in all categories to be purchased. If you or any of your customers have ever even thought of owning a home in Florida, the time to visit and purchase is now. I believe that the next selling season will bring increased prices and less inventory. I cannot emphasize enough that the time to view and purchase real estate in Florida is now. We are in a very unique time in history where we have low prices, low interest rate and diverse inventory. The perfect opportunity. Visit the Florida Regional Section (www.luxuryrealestate.com/florida) to view property.

Moving upwards in New York!

Apr 02, 2008

By Brian Langhorst LuxuryRealEstate.com is very proud to associate with many of the top brokerage houses in New York City. There are several markets that are doing very well this year with strong activity throughout the luxury price ranges. New York City has just announced that for the first three months of 2008 the average listing price in Manhattan is up 33.5 percent from the same period last year. This information was published in The New York Times and is courtesy of Prudential Douglas Elliman, our member, and the appraisal firm Miller Samuel Inc.

A new link in the John Brian Losh family

Apr 02, 2008

By John Brian Losh John Brian Losh is very pleased to introduce his newest grandson John Xavier Losh, born March 29th at 5:23pm, weighing in at 7 lbs. 15 oz. Congrats to his mom Kristine and dad Casey Losh. John Xavier carries the Irish blood line of his Great Grandfather John Harvey Losh, 91 years young. Editor’s Note: John Brian Losh is the CEO/Publisher of Luxury Real Estate and the President, CEO and Broker of Ewing & Clark, Inc. in Seattle. He tirelessly trots the globe meeting with members of LuxuryRealEstate.com and getting the scoop on industry trends. In recent weeks, he visited brokers and agents across Texas and Florida. You can catch up with him at the 6th Annual Luxury Real Estate Spring Retreat on April 16-18, 2008 in San Diego. Check it out!

Finding the perfect home online

Apr 02, 2008

By Joey Pauley I figure after three years in Seattle, it is about time to settle down. There are a good many reasons to buy a house now, but the main reason is freedom. Right now I rent a huge house in the Capitol Hill Area of Seattle but there is nowhere outside for a dog to run. The yard is just too small. Not just for the dog but for me.
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