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Global Exposure Through Douglas Elliman and Knight Frank Partnership

September 22, 2017

Douglas Elliman Real Estate’s exclusive alliance with Knight Frank Residential allows their luxury agents to showcase the company’s listings to over 520 offices across 60 countries and 6 continents. As the leading residential agencies in New York and London, these two industry giants have been working together since the 1970’s through international referrals deciding to formalize the partnership in 2014.

Douglas Elliman luxury agent Nicholas Malinosky is pleased to be part of this global alliance. In order to maximize this valuable network, Mr. Malinosky planned a recent business trip to London to visit the Knight Frank’s Mayfair office. It was a tremendous opportunity to introduce his South Florida listings to his UK colleagues, learn about London’s offerings and compare notes about the current real estate trends in these two luxury markets. When asked about the meeting, Malinosky said, ‘œIt was a great chance to talk with colleagues about our respective listings and markets. These agents are at the top of their game doing what Randy Ely and I have the privilege of doing in South Florida ‘“ marketing and selling amazing properties.’

Knight Frank’s website explains it best: ‘œOperating in locations where our clients need us to be, we provide a worldwide service that’s locally expert and globally informed.’ With co-branded offices in key high net worth markets, Douglas Elliman and Knight Frank provide their agents global access to qualified buyers, not available to any other real estate professionals in the industry. Over 21,570 luxury agents network with their colleagues throughout the world and showcase their exclusive listings utilizing an exclusive database of over 700 billionaires.

Thanks to a superb media strategy, Douglas Elliman and Knight Frank increase brand awareness through print, digital, social and public relation outlets. For instance, each Elliman publication is available in Knight Frank offices and all of Douglas Elliman’s exclusive listings over $1.5M are featured on knightfrank.com. The Wealth Report is a Douglas Elliman and Knight Frank exclusive publication best explained on Elliman.com, ‘œNow in its 11th year, The Wealth Report is the industry’s leading publication on global prime property markets, wealth, distribution and investment sentiment. The world is becoming an ever smaller place and operates more as a global marketplace. The impact of how one region performs can positively or negatively affect another. The Wealth Report offers invaluable insight into global trends and what will impact personal assets in the years to come.’

Douglas Elliman agents, Nicholas Malinosky and Randy Ely are honored to be designated as Executive Directors of Luxury Sales in the Delray Beach office. With a commitment to client service and results, Mr. Malinosky and Mr. Ely utilize Douglas Elliman’s resources knowing that when they list a beach area property in South Florida, it is going to be showcased to potential buyers and luxury agents worldwide. No other brand offers that power or exposure.

Looking to sell a luxury property in South Florida? Contact Randy & Nick to start the conversation.

$350 Million Megamansion Is Most Expensive Listing in U.S.

August 17, 2017

A Bel Air home was just listed for $350 million making it the most expensive listing in the U.S. According to Global Mansion, Chartwell, a 1930’s chateau that belongs the family of the late billionaire Jerry Perenchio, went on the market August 7 as the highest price listing in the nation.

Other nine-digit listings include Opus, a Beverly Hills spec home listed for $100 million. The developer, Nile Niami plans to unveil another megamansion next year that will be listed at $500 million. Formula One heiress Petra Stunt is selling her home in Holmby Hills for $200 millio and the Playboy mansion sold for $100 million last year.

How do the select few luxury listing agents with homes in this price range market the one-of-a-kind mansions and find a billionaire buyer? Douglas Elliman CEO, Scott Durkin who is quite comfortable around major luxury sales was asked about selling megamansions. Durkin commented, ‘œThe marketing of a home of that price range requires you to completely wipe your board clean. Getting the home the most exposure you possibly can and targeting the audience, that’s really the goal. Once you’re north of nine digits, you can’t just wait for the phone to ring.’ Douglas Elliman brokered the most expensive Manhattan penthouse last year for $87.7 million as well as other nine-figure listings in New York City and the Hamptons.

Los Angeles’ finest luxury brokers share their marketing strategies and success stories in the Global Mansion article. See full article

Douglas Elliman Delray Beach Executive Directors of Luxury Sales, Randy Ely and Nicholas Malinosky are quite familiar with marketing and selling opulent oceanfront mansions in South Florida. With over 40 years combined experience and a sole focus on the beach area, Nick and Randy know that luxury oceanfront estates require a unique and thorough marketing strategy.

Randy & Nick are the exclusive listing agents for the most expensive listing to ever hit the Ocean Ridge luxury market. Check out this oceanfront mansion which is slated for completion this fall:
6161 North Ocean Boulevard, Ocean Ridge listed at $24.95 million See details

Please contact Nick Malinosky and Randy Ely for more details about this oceanfront mansion or to discuss the current luxury market.

Photo: Mansion Global

Knight Frank Reports on Luxury Real Estate Around the Globe

August 15, 2017

According to a Knight Frank, luxury residential real estate prices are on the rise in cities around the globe including Madrid, Berlin, Paris and Dublin. On the other hand, prices in China’s top cities declined. Knight Frank’s 2017 second quarter report tracks 41 cities worldwide.

According to Mansion Global, ‘œThe Knight Frank Prime Global Cities Index, which tracks luxury residential markets’”defined as the top 5% the housing market in each city’”rose 4.4% year-over-year by the end of June.’

European cities have seen a resurge in luxury residential prices. According to the Knight Frank report, ‘œFears surrounding the upcoming Brexit have, in part, led to a recognition of Europe’s comparatively affordable luxury markets’.

Other key facts:
San Francisco had the highest price growth among the four tracked US cities
Guangzhou leads the ranking with an annual growth of 35.6% in luxury real estate prices
Luxury prices in Hong Kong rose 36.2%
See Global Mansion article

Would you like to discuss South Florida’s luxury real estate market? Contact Nicholas Malinosky and Randy Ely with Douglas Elliman to discuss the current real estate market beach area.

Photo: Mansion Global/Nisa Maier/Getty Images