WE'RE EXCITED TO BE FEATURED ON THE HUFFINGTON POST!
Our CEO, Nancy Almodovar, recently shared her experiences with The Huffington Post to reveal some truths about the luxury homes market in Houston. Read a snippet of the full article below:
WHAT GOES ON BEHIND THE SCENES OF SELLING MULTI-MILLION DOLLAR HOMES
The housing market saw an amazing recover in 2016, with interest rates on mortgages dropping steadily, and housing prices increasing at a healthy rate. Since the election, mortgage applications have even risen an additional 13%, as buyers try to close on the home of their dream before interest rates rise again. What does that result in? More homes than ever being sold at astronomical prices, and many buyers left wondering: who buys these home?
One Houston Real Estate company, Nan and Company Property, has been capitalizing on the steady incline of the real estate industry. Nancy Almodovar, CEO of the firm, gave us an inside look at what it’s like to be a part of the top luxury real estate firm in Houston, and a few secrets about what goes on behind the scenes of a seven-digit sale:
“Selling a multi-million-dollar home comes with a new list of challenges, and be a roller coaster of needs and timelines,” says Almodovar.
“Agents must still solidify standard information, such as price and move in dates, but there are usually many more requirements and unique inspections that must be done. Clients asking for non-disclosure agreements, and needing to measure garages to ensure their luxury vehicles are safe from both damage and theft are not out of the ordinary. I actually had two brothers who were both clients for years and never knew, because they both had me and my team agree to thorough NDAs.”
Read the full article on The Huffington Post here.