Daniel McVicar, Eloy Carmenate, and Victoria Levitam spoke at Inman Luxury Connect in Las Vegas on Tuesday, discussing trends and opportunities in emerging luxury markets.
Understanding Your Client Base
Panelists stressed the importance of understanding the clientele in the luxury market, where personal relationships play a significant role.
Building a Network
Eloy Carmenate emphasized the importance of networking, asserting that success is derived from knowing the right people and developing relationships.
Insider Knowledge of Locations
Panelists advised real estate professionals to have comprehensive knowledge about the locations their clients are interested in, including emerging markets.
Marketing the Unique Proposition
Victoria Levitam highlighted Panama's advantages, branding it as an incredible opportunity for buyers due to its strategic connectivity and vibrant real estate market.
The Actor's Approach
Daniel McVicar noted the similarity between Real Estate and performing, advising agents to present a curated version of their personalities to appeal to clients.
Staying Informed
The panel agreed on the necessity for agents to remain updated with global market trends to provide informed advice to their clientele.