Boroughs & Burbs #76 || European Secrets. Unlisted Luxury Properties? Why it works and How to be an Insider. Inbox
By John Engel
Boroughs & Burbs
European Secrets?
Unlisted Luxury Properties?
Why it works & How to be an Insider
Episode # 76
Oyvind represents new developments on the Norwegian island of Lofoten.
The European system is different from the US. There is no “Zestimate” on vineyards or castles.
How do you get a deal in Europe? And where?
Is it really based on personal connections and relationships?
We explore the current market with one of the top agents in Europe, Øyvind Olstad, former realtor TV star of “Lukket Visning” and long-time Christies International affiliate.
Featuring:
Øyvind Olstad
Real Estate Professional with 30 years experience and Worldwide participation in the industry. Longtime member of the Christies International Real Estate network
Topics We Will Explore:
Define the current market. Who is buying, and where? How has it changed? What is the profile of the current buyers in the European luxury market?
Why? What is the motivation of the luxury buyers. Is it primarily lifestyle or economic? London or Poland? Fjords or beaches? Cities or countryside?
If luxury properties are not publicly available on an MLS, how are they marketed and how can a buyer research?
Is the war affecting the luxury real estate market in Europe? Is it causing buyers to consider different markets like Poland and Norway?
Is the luxury market particularly sensitive to energy prices? (I hear its expensive to heat a castle.) Norway benefits from high prices. Germany and the UK don’t.
Are builders and investors still building, or are fears of a recession and lingering war affecting their outlook?
How do you connect with experts in Spain and London for your clients, and why is it important to be introduced?
”Boroughs & Burbs” is a weekly show hosted by John Engel of Douglas Elliman and Roberto Cabrera of Brown Harris Stevens. The show takes place on Zoom and is then re-broadcast on YouTube. Boroughs & ‘Burbs provides an in-depth look at the real estate market in New York City, its suburbs, and has expanded to include all of the markets important to New Yorkers, with a focus on the latest trends, market updates, and expert insights. The show is hosted by two experienced real estate professionals, who bring their expertise and knowledge to the discussion, providing valuable insights and analysis for anyone interested in the NYC real estate market. Whether you’re a real estate professional, a buyer, a seller, or simply interested in the market, “Boroughs & Burbs” is the perfect source for staying informed and up-to-date on the latest trends and developments in the international luxury real estate scene.
John Engel – John Engel can be found at http://www.JohnEngel.com. He is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the Realtor of the Year Award in New Canaan where he is has recently been Chairman of the Town Council and is currently a member of the Planning & Zoning Commission. John also brings an insight into internet-based marketing that is unsurpassed. Before going into real estate he was the founder of two successful internet businesses, Paper.com and e-Media for which he won the prestigious Entrepreneur of the Year Award. John spent his earliest years in Stuyvesant Town in lower Manhattan and went to New Canaan High School before attending Davidson College in North Carolina. After graduating, he served as an officer in the U.S. Army and spent some time leading a military intelligence platoon on the front lines of the first Gulf War. He currently lives in New Canaan with his wife Melissa and four children. In addition to hosting this podcast on the market each week, John Engel produces an easy-to-understand and in-depth monthly market analysis called the Market Report for the 16 towns of lower Fairfield County.
Roberto Cabrera – Roberto can be found at http://www.RobertoCabrera.com. With 24 years of experience, I have been recognized throughout the industry for achieving outstanding results: Ranked nationally by REAL Trends as one of “America’s Best Real Estate Agents” for avg. sales price of $4.350M. Sold a single family Townhouse faster than any other on the Upper West Side over $10M. I live with my wife and daughter on the Upper West Side, the neighborhood I have called home for the past 23 years. I was originally born in Richmond, Virginia and grew up in Maryland, just one mile south of the Mason Dixon line. After graduating with a degree in Mathematical Economics from Hampden-Sydney College, the 10th oldest school in the country, I spent 5 years in Washington, DC working as a financial consultant. I also studied at The National Conservatory of Dramatic Arts and I’m a former actor who once moonlighted as a stand-up comedian. Many years ago, I authored APPLE PIE – The Real Ingredients for Buying and Selling Your Slice.