Thursday, March 23, 2017   /   by David Zahriya

Luxury Insider: The Luxury Of Selfishness

How many bedrooms can you fit in an 8,000 square-foot home? Well, how many bedrooms do you want? Better question: how many do you need? Must we always find a correlation between home space and number of bedrooms? The bigger the house, the more bedrooms? And, accordingly, the smaller the house, the less bedrooms? NO. I repeat: NO. Does not have to be.

The other day, an article in the weekend edition of the Wall Street Journal caught my eye. The editor, Stephanos Chen, was writing about the perplexing questions mentioned above. Great topic. That’s actually a pet-subject of mine, one that I had fun covering in a blog a few years back.

Here goes the story, as reported by the WSJ: a couple from Chicago is looki ...

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Saturday, March 18, 2017   /   by David Zahriya

Luxury Insider: Off Market Controversy...

Luxury Insider: Off Market Controversy... 

OK Realtors, let’s pause for a minute. Let’s put our thinking hats on and brainstorm seriously over the often controversial ways we market high-end properties these days. The discussion concerns all of us/you, whoever you are, whatever firm you are with, and regardless what part of the country you work in.

The subject is a touchy one for many of the most successful agents who like to share the info on their upscale listings with only a select few other top guns from the local turf. In the most desirable zip codes, a big chunk of the multi-million dollar homes remains top secret, or off limits, for over 80% of the regional agents’ roster.

This phenomenon is not new. It has been going on for nearly as long as I can remember. It is especially in vogue when the market is hot. The sentiment, among the elite, is that there is no need to alert the thousands of agents populating the region since the top 10% or s ...

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