Key Points:
- The plucky real estate team that has been flipping properties like hotcakes since 2013 just landed a significant win— they’ve chalked up more than $800 million in transactions. That’s enough to buy a few fancy lattes, eh?
- Like bees to the honeypot, this team finds irresistible Douglas Elliman’s company culture and the tantalizing opportunities stacked up in new development. Seriously, who could resist that?
A Flipping Fantastic Feat:
A hot take on the $800 Million Honey-Pot of a Deal
As you might know, this isn’t just about signing papers and shaking hands with a cheesy grin. The real estate world is more akin to a tantalizing game of Monopoly, only, finance is real, and there’s no ‘Go to Jail’ card. A team of maverick moguls has been, since 2013, playing this game rather sportingly, selling properties as if they were flipping burgers at a summer BBQ. Their total score up till now? A smashing total value of $800 million transactions. Now that’s no small beans—we’re talking about enough jade to build your private Disneyland, folks. Except with less mouse ears but more townhouses.
These folks didn’t stop at that. They plunged right into the bear hug of Douglas Elliman, lured by the enticing honey of a company culture and chances in new development like Winnie the Pooh to a bees’ nest. Well, with the kind of money they’re swimming in, we wouldn’t blame them for swarming towards Elliman and their bright shiny things in the pipeline.
So, here’s my “hot take”: Success in real estate isn’t just about being able to sell a sandcastle to a desert dweller; it’s about picking the right path, or the right company in this case. It’s like choosing the perfect cheese to lure a mouse, or, as our real estate moguls have shown, the perfect honey to attract a bear. And when you’re dealing with $800 million at stake, you want to be really sure there’s no vinegar hiding in that honeypot, baby.
Original article: https://www.inman.com/2024/01/25/saezfromm-team-joins-douglas-elliman-from-corcoran/
