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What should one do or not do when considering a career in real estate?

Alex Min, Lake Tahoe, NV: "Make sure you are ready to jump in head first. In today's market, this is not a hobby job. You have to commit to working long and odd hours. If you aren't an expert on your market and inventory, you won't be able to service your clients properly."

Anne Perry, Honolulu, HI: "Develop a strong and current data base; constant growth; strong market knowledge, and leave your ego at the door."

Brian Pearl of the Pearl Antonacci Group, Boca Raton, FL: "Join a team where you receive leads, work and close them, and you'll establish yourself organically by being in the field learning the business."

Debra Johnston, Atlanta, GA: "Be prepared to spend six months in business development and getting set up for business."

Elisa Linton, Humble/Kingwood (Houston metro area), TX: "I say this is hard work. You have to be disciplined, approachable, and determined to protect your clients' interests throughout each stage of the transaction. You are assisting them with a large financial decision."

Frank D. Isoldi, Westfield, NJ: "Be patient and honest. Your integrity is everything."

Heidi Bintz, Vail Valley, CO: "Be prepared for a full time job that can be seven days a week."

James Beasley, Las Vegas, NV: "Start building your data base (databank)."

Jeff Hyland, Bel-Air, CA: “Stay calm and work through it. You might not sell your first listing, but with time, due diligence and a bit of luck, the world could be your market.”

Kathleen Floryan, Jacksonville, FL: "Your 'why' has to be very clear. Your choice of realty companies and the future education, support, plus mentorship is critical to your success."

Kelly Ringer-Radetich, Redwood City, CA: "If this is your very first introduction into real estate, I would recommend assisting an agent. If I had it to do all over again from the start, that is what I would do. Giving up something to gain the knowledge and experience can be priceless."

Kim Martin-Fisher, Ponte Vedra Beach, FL: "You must be vigilant, patient, and genuine."

Kristine Farra, Chicago, IL: "Work hard. Build relationships, not leads. Take marketing and branding seriously."

Maggie Gold Seelig, Boston, MA: "Find the nicest and smarter person from whom to learn the business, as real estate is an apprenticeship profession."

Mark Salmon,  South Tahoe, CA: "Do not enter this business thinking it’s easy money -- it takes a lot of tremendous amount of time, devotion and capital to become established in order to have a lasting career."

Toni Itkin, Sandy Springs, GA: "Join a brokerage that provides the best training and technology, not the one that gives the highest commission split! Know that this is a full time business, not a part time job or a hobby. Then, network, network, network!!"

For more, visit dev.hauteresidence.com.

The post How To Start A Career In Real Estate? The Experts Weigh In! appeared first on Haute Residence by Haute Living.

They were hosted by Haute Living's Erik Haase. Watch the full webinar below.

Highlight quotes from the webinar:

Heidi Bintz: "Tourists have been coming in all winter, and it's been getting busier. Because of Spring Break and Spring skiing, we're anticipating a busy March. Our restaurants do have limited indoor dining, but that has been slowly increasing. Bars and restaurants have put tables outside and further space, and you can now drink or roam Vail Village and Beaver Creek... The market is tight. Some properties are going under contract instantly. However, inventory does depend on varying locations and price points, and I anticipate it to continue this way. We are limited in where we can build because we're surrounded by a national forest... We get a lot of what we call the Front Range, which is Denver, north and south, and it's about a two-hour drive, give or take, for those people. So I've seen more people wanting to either relocate or spend more time up here. We have a big market from Texas, and from southern Florida. There's Chicago, New York, Europe, and south of the border; we have a pretty large Mexico City clientele. They're here now, and they and they love Vail and the mountains."

Darin Marques: "The biggest thing I probably help my clients with is especially land purchases. They're buying a new development and looking to buy land to build. Most of them don't understand the process of what it takes to go through hiring the architect and general contractor and going through the permitting process and design review. With my relationships and background that I have in new construction, I've been able to help a lot of the clients navigate through that much quicker. It also helps me understanding luxury properties better. You can go with a basic window package and a home that could be $50,000, or a really high-end custom window package and a house that can be $300,000. As an agent representing luxury properties, having that understanding is really important. I just sold a property that was for the highest in the community in Southern Highlands at $725 per square foot. And we were about $200 a square foot higher than the next property. I was able to convey to the client, because they asked, why [the price was] so much higher. When I broke down the cost of land, permitting architectural engineering, and then the cost of construction, he was fine with it. He understood, he just wanted to see the details.

Mark Salmon: "Covid certainly has driven the market. Obviously, everybody's heard about how strict California has been with regard to Covid and travel. People are vacating the city, especially in the tech industry where they're able to work from home, and we're so close to all that in Silicon Valley and San Francisco. There's obviously a lot of money that comes with that as well, so for those guys, it's really been a second home destination for years and years, but now it's more primaries that I'm seeing. Young techies escaping the city, escaping Covid and all these restrictions to come to Tahoe. They have Bay area wages and pretty inexpensive real estate compared to what they're used to [there]. It's the same problem is I'm hearing in Florida, just that lack of inventory. It's almost scary frankly to a list of property right now because you know what your next three days are going to look like. It's 50 showings and 20 plus offers, and it's very time-consuming at that point... Buying in Tahoe is something you can have for generations and I think will never lose really long-term values. "

Joel Schemmel: "Our market has been kind of insane. Inventory is the biggest challenge because we have such huge buyer demand and very limited inventory. I think we've gone through a cycle that used to be some price points. Now it's pretty much across the board, as far as inventory shortages. I get five calls a day from realtors looking for anything that might be coming up in the near future. Anything under a million dollars, if it lasts more than 48 hours in the MLS, then there's something wrong with it. We've been very fortunate. Last year, we had a record year with over 100 hundred million that we closed, and we are already $51 million for this year... We have the fundamental population growth. We had the traditional Midwest, buyer pool, and that is now significantly expanded to the Northeast, and California is our new kind of crazy source of buyers. And even Texas, it's been interesting. We've never had Texas or California. They both appeared in the last year as heavy-duty buyers. Covid has really just kind of fueled the market to a certain extent...  We will definitely break some records, this year, as far as price points

To watch more real estate webinars curated by Haute Residence, visit dev.hauteresidence.com.

Top: Heidi Bintz, Darin Marques. Bottom: Mark Salmon, Joel Schemmel

The post Watch: “Coast To Coast” Real Estate Webinar #10 By Haute Residence appeared first on Haute Residence by Haute Living.

One of the last streets before the Vail Golf Course turns into Vail Village with just over a half mile to the slopes via Golden Peak.

The home’s stunning cathedral ceilings with hand-hewn trusses and beams that open to grand spaces framed with the refined finishes of plaster, stone, marble, and granite are found in only the finest residences in ski country.

But what demands to be the main focal point is the majestic Gore Range views seen through floor to ceiling windows when you walk into the great room.

The huge heated patio balcony off the main living room that overlooks the Gore Range and is perfect to watch the Alpenglow along the Gore Range.

The master bedroom is an elegant room with it’s own sitting area around the fireplace, a private office and one of the most luxurious and graceful master bathrooms in the Vail Valley.

The location provides a sense of privacy and seclusion that is unheard of in a home this close to Vail Village.

Address: 1119 Ptarmigan Road, Vail, CO 81657

Price: $11,950,000

Bedrooms: 5

Bathrooms: 7

View the listing here.

For more information contact Malia Nobrega at 970-977-1041 or malia@vailluxurygroup.com; or Barbara Scrivens at 970-471-1223 or bscrivens@livsothebysrealty.com

Malia Nobrega and Barbara Scrivens are the real estate agents who exclusively represent the Vail, Colorado market as a part of the Haute Residence real estate network. View their listings here or here.

Images courtesy of Malia Nobrega and Barbara Scrivens, LIV Sotheby’s International Realty

The post Stunning Vail Residence Reflecting The Majesty Of The Valley appeared first on Haute Residence by Haute Living.