Today, Noah and John sit down with Jill Preschel from Serhant, a powerhouse in the NYC real estate market with over $2.5 billion (with a B!) in transactions under her belt. Jill dives deep into the nuances of the luxury market in Manhattan and Brooklyn, sharing insights on shifting buyer preferences, the challenges of pricing new developments, and the impact of economic factors like interest rates and inventory levels. She highlights how prime neighborhoods are thriving while others require creative selling strategies. As always, Jill dishes out valuable advice for aspiring real estate pros and reflects on her journey from haute couture to high-stakes real estate. Great stuff from one of the greats!

Highlights:

00:56 – State of the Market

02:10 – New Dev Insights

03:30 – Today vs Yesterday

04:45 – Competitive Buying in Hot Markets

06:08 – Challenges for Sellers

07:18 – Price Gaps Between Prime and Non-Prime Areas

08:06 – Buyer Opportunities Today

10:05 – Evolution of the Uber Luxury Market

12:28 – Future of New Dev

14:10 – Key Market Factors to Watch

17:00 – Advice for New Agents

18:25 – Jill’s Career Journey

20:03 – The Power of Market Data

Jill's Page at SERHANT.

https://serhant.com/agents/jill-preschel

Connect with Jill on LinkedIn:

https://www.linkedin.com/in/jill-p-881a768

Follow Jill on Instagram:

https://www.instagram.com/jillpreschel

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