Join Noah and John from UrbanDigs as they chat with luxury real estate broker Wendy Maitland, founder and owner of Atelier by Wendy Maitland. With over 22 years of experience in the New York City market, Wendy shares her expert insights on the current state of the market, the dynamics of buyer and seller behavior, and the evolution of the real estate industry. Wendy discusses the challenges and opportunities in the luxury sector, the importance of adaptability and trust, and why new agents should focus on setting goals. Another great episode for anyone interested in the intricacies of Manhattan real estate!

Highlights:

01:28 - The market's awkward "adolescent phase"

04:42 - Luxury's reaction to fluctuating interest rates

08:10 - The absence of luxury rent concessions

09:50 - Negotiability and the emerging desperation among some sellers

13:01 -The importance of market psychology

14:43 - Reflections on the evolution of the real estate industry

16:16 - Advice for new agents: know your strengths, set goals, and the importance of product knowledge and trust

23:00 - The value of building relationships with co-brokers and continuous learning

Wendy's Page at Atelier

https://www.awmrealestate.com/team/wendy-maitland

Connect with Wendy on LinkedIn:

https://www.linkedin.com/in/wendy-maitland-9774455/

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Track the New York City real estate market with real-time data and charts:

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Link to our overview of Manhattan or Brooklyn real estate stats:

https://www.urbandigs.com/marketwide-charts/

For more Manhattan and Brooklyn real estate conversations:

http://www.talkingmanhattan.com/