Reputation and Patience Key to Success in Luxury Market

Allie_Beth_AllmanIn the following interview, Allie Beth Allman, founder and president and CEO of Allie Beth Allman & Associates, a member of Leading Real Estate Companies of the World® (LeadingRE), in Dallas, Texas, discusses the advantages of LeadingRE, the luxury market, marketing and more.

Region Served: Dallas and North Texas
Company Founded: 2003
Number of Offices: 2
Number of Agents: 350
Best Advice for Agents Starting Out in the Luxury Market: Don’t expect anything instantly. If you’re not willing to give it your all, you will not make it.
Key to Real Estate Success: Being ethical. I don’t care if you lose money—but don’t lose your reputation. You only have it one time—if you ruin it, you can’t get it back.

How would you describe current market conditions?
The million-dollar-and-under market is very active, and up to $3 million it’s active. Over that, people are resistant.

What are the biggest challenges in serving the luxury market?
The biggest challenge is finding the buyer. You must have patience, and you have to hang in there a long time, sometimes a couple of years. The stakes are high, and you really have to make the seller understand what’s happening in the marketplace.

What are some of the most unique things you’ve done in terms of marketing?
We have a good rapport with the person at the Dallas Morning News who does all the real estate stories. They call and ask for all sorts of information since they know we cover all the high-end properties. Since January, our firm has been responsible for selling the majority of high-end properties in the area.

How does being part of Leading Real Estate Companies of the World® benefit your firm?
One really wonderful benefit of being part of the network is that they’re international. Even though we don’t get many international buyers, everyone wants to know that their house has been advertised internationally. Another thing I really enjoy about LeadingRE is the cooperation with other brokers. Everybody is very generous in sharing their ideas, and I feel honored to be a part of it.

How would you describe your firm’s culture?
We’re really family-oriented. People will leave the company and then come back to us because they didn’t experience the same caring attitude elsewhere. We really support the community and are very involved. We always emphasize that you have to give back. We had one agent whose house burned down, and the team immediately started a campaign online, raising $24,000 overnight.

How do you maintain balance in your busy life?
Real estate is my hobby! I’m not a golfer or tennis player, but I do love what I do. And what I love most is the amazing and wonderful people I’ve met over the years who have become friends. That’s the biggest reward you can have in any business.

For more information, please visit www.leadingre.com.

Maria Patterson is RISMedia’s executive editor. Email her your real estate news ideas at maria@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Reputation and Patience Key to Success in Luxury Market appeared first on RISMedia.



from real estate news and flip houses http://bit.ly/2jyKGyi
Real Estate Investing News proudly brought to you by Real Estate Sales LLC. Your Real Estate Investing Expert Coach

Comentarii

Trimiteți un comentariu

Postări populare de pe acest blog

RE/MAX Reintroduces Brand With Fresh Logo

Imagine
RE/MAX announced a “refresh” of its brand identity on Monday, including an update to its iconic balloon logo and wordmark. The changes will appear in advertising and on office fronts and yard signs in the months ahead, as well as in TV ads and on remax.com this fall. “Our new look better represents the enthusiastic entrepreneurs who comprise our network,” says Adam Contos, co-CEO of RE/MAX. “Great brands evolve and RE/MAX is no different. We believe the updated balloon and wordmark will help our agents grow their business and give them an even bigger competitive advantage in digital, social media and mobile marketing.” RE/MAX’s red, white and blue hot air balloon is now “brighter, more modern and more appealing to homebuyers and sellers of today,” according to a release from the company. The refresh, which was developed with feedback from more than 20,000 consumers, is the first-ever update to the 44-year-old company’s brand identity. “It’s a brand evolution, not a brand revolution
Citiți mai multe

Economy to Weather Turbulence in Second Half of Year

Analysts anticipate the economy will weather turbulence expected in the second half of the year, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for August 2017. The Outlook maintains the economy will grow 2.0 percent over the course of the year, even with possible setbacks on the horizon. “We are keeping our full-year economic growth outlook at 2.0 percent, as risks to our forecast are roughly balanced,” says Doug Duncan, chief economist at Fannie Mae. “On the upside, consumer spending growth might not moderate as much as we have accounted for in our forecast. A build-up in inventory also should be positive for growth this quarter and nonresidential investment in structures will likely continue to improve as oil prices stabilize. In addition, the decline in the dollar and a pick-up in global growth should support manufacturing and exports, although the outlook for the trade sector is clouded by uncertainty surro
Citiți mai multe

Housing Provisions Approved in Government Spending Bill

Imagine
A massive $1.3 trillion, 2,232-page spending bill—which is set to keep government agencies operating through September—has been approved by the House and Senate. The House approved the bill Thursday with a 256-167 vote; members of the Senate approved the bill in a 256-167 vote on Friday. President Donald Trump  tweeted concerns and possible plans to veto the bill over insufficient funding for the border wall and the absence of Deferred Action for Childhood Arrivals (DACA) legislation. I am considering a VETO of the Omnibus Spending Bill based on the fact that the 800,000 plus DACA recipients have been totally abandoned by the Democrats (not even mentioned in Bill) and the BORDER WALL, which is desperately needed for our National Defense, is not fully funded. — Donald J. Trump (@realDonaldTrump) March 23, 2018 However, he signed the bill on Friday afternoon, stating that funding is needed to rebuild the military. Along with measures to increase funding for the military and school
Citiți mai multe