Finding your
luxury home in Phoenix has never been easier.
Below you will find available Phoenix
luxury homes from $1,000,000 and up. Be sure to
contact me for detailed selected home information.
RE/MAX
Luxury Phoenix Homes is the best in helping you
find that new home in Phoenix, Arizona. Our
services is are convenient, simple and
straightforward. We can help you find Phoenix
homes, newly constructed Phoenix homes in
master planned communities, or Phoenix homes
near golf courses.
When you find that special Phoenix home on the
FREE luxury MLS search, you can select more
information, or request and appointment for viewing.
Please remember to complete the MLS forms with your
name, email and contact number so I can reach you
and help get the process moving.
As always, my
services remain discreet
Phoenix, Arizona
If
you are visiting Phoenix, Arizona considering
moving to Phoenix, or even if you've lived
here for 20 years, there are some things about
Phoenix that you might not know. Some of these
items are important when evaluating a community.
Some of these facts are downright useless, but fun
nonetheless! Please keep in mind that statistics
vary greatly depending upon the time they were
obtained, the source and the exact population
measured. Therefore, none of these numbers
represented here are exact, but are merely the most
recent and reasonable numbers I have been able to
collect.
Phoenix, Arizona has been known for many things.
This city receives much recognition for being in the
top ten cities in the country. For instance, it is
one of the ten largest cities in the country. It is
considered a 'business hot spot' being ranked one of
the top ten cities to relocate or start a new
business. Greater Phoenix was one of the top ten
metro areas for jobs, based on both the percentage
increase and the real increase in the number of
jobs. The Chandler Ostrich Festival has been ranked
one of the ten best festivals in the country.
Phoenix is one of the top ten most misspelled cities
in the country. Arizona State University in Tempe of
one of the top ten largest universities in the
country. And the list goes on. Some of our claims to
fame are, well, not that positive. For instance,
Phoenix is known for having one of the highest (if
not THE highest) vehicle theft rates in the country
General: Phoenix is
Arizona's state capitol. When people refer to
Phoenix, they are often discussing the greater
Phoenix area, which includes about 23 cities and
towns of the metropolitan area. Phoenix is one of
the fastest growing cities in the country, and with
its size and growth it has developed into a major
city--with all the advantages, and many of the
disadvantages. Many people are surprised to learn
that Phoenix is the sixth largest city in the United
States.
Phoenix Tidbits: Phoenix
was incorporated as a city in 1881. Geographically,
Phoenix covers about 470 square miles. Phoenix
Vital Statistics (as of 2000 Census) The population
of Phoenix at the last census was about 1.3 million.
Only 11% of the people in Phoenix are over the age
of 60, and 49% are between the ages of 25 and 59.
Almost 23% of the population of Phoenix have at
least one college degree. The median household
income in Phoenix is about $41,000.
Phoenix Major Attractions: There
is a great deal to see and do in Phoenix. Some of my
favorite attractions are the Arizona Science
Center, the Heard Museum, the Desert Botanical
Garden, Bank One Ballpark, The Phoenix Zoo, Phoenix
Art Museum and the Phoenix Symphony.
Phoenix Median Home Price: The
median price of a new home is about $157,000, and
the median price of a pre-owned home is about
$112,000
Other
Phoenix Stuff
-
There are four
area codes in the Phoenix area: 602, 480,
623 and 928.
-
Phoenix is on
Mountain Standard Time, and never moves the
clock forward or back. Only the Navajo
nation observes daylight savings time.
-
The average
price for a new single-family home is
$138,270 (1999) and the average property tax
is about 10%.
-
Phoenix
originated in 1866 as a hay camp.
-
There are six
major lakes within an hour's drive from
Phoenix
Elite handful earns millions
brokering high-end deals
Those multimillion-dollar homes in
the Valley's elite neighborhoods don't sell
themselves.
It takes a certain kind of person with a certain set
of skills to broker those deals and make a living at
it.
It helps, too, that Phoenix's luxury-housing
market is thriving, even as the rest is
stumbling. The number of million-dollar properties
sold since 2000 has spiked, and so has the number of
deals for $3 million, $5 million and much higher, a
signal that the Valley is moving into the big
leagues of luxury homes.
So who are the big hitters making
those big deals?
They are members of one of the most exclusive clubs
in metropolitan Phoenix. Of more than 95,000 real
estate licensees in Arizona, maybe a dozen are
players when it comes to putting together deals for
the elite properties in Paradise Valley, north
Scottsdale, the Biltmore and other parts of the
Valley.
For these agents, the financial stakes are higher
than they are for their mainstream counterparts. And
their clients can be unusually demanding. Even the
social milieu - what they drive, how they look - can
make or break a deal.
After all, their clients often include big-time
athletes, business executives and entertainment
figures.
The agents are lesser known outside of their field,
but they are in a supercompetitive business that can
deliver the sort of financial rewards that let them
live in the same neighborhoods as their clients.
"The people who do this are highly intelligent.
They're independent. They're Type A personalities,"
said Nick Antonicello of Unique Homes, a
national luxury-home magazine. "A lot of them are
single. It is a 24-hour job. They don't get paid
unless something sells. Agents who sell in the
superhigh end can make from $500,000 to $5 million
in commissions a year."
They head to listing appointments in Beamers, Benzes
and Bentleys and play golf at expensive courses. The
casual Friday look doesn't cut it. Think tailored.
"If you were going to go look at a $5 million house
over in Paradise Valley, the person showing it would
be stepping out of a luxury vehicle, a Mercedes of
some sort," Antonicello said. "She'll probably be
wearing a Chanel suit, have a $200 haircut. She's
got a $10,000 diamond ring on her hand and a Rolex
and a $2,000 Gucci bag. She looks the part."
The luxury-home market in Phoenix has stayed
strong while housing in general across the region
has slumped. There were 440 sales of homes priced at
$1 million or more in the Valley in 2000. The figure
hit 687 in 2003 and rose to 2,413 last year,
according to the Information Market, a
property-records research firm.
Experts say baby boomers are helping drive the trend
as they accumulate and inherit wealth and look to
buy a statement home.
The Phoenix-area record home sale is $11.4 million
for a new home in Paradise Valley. That deal closed
in 2005. A resale home in Scottsdale sold for $10
million last year. At the end of last week, there
were more than 20 homes going for $10 million or
more on the Arizona Regional Multiple Listing
Service. And that doesn't include homes owned by
very private people that are sold discreetly through
the agent network, without the typical publicity.
If you're thinking you could retire off the sale of
one $10 million home, forget it.
Agents say the commission system is similar to the
rest of the market. Although negotiable, the
standard is 6 percent of the sale price. A $10
million sale would generate a $600,000 commission.
But the listing agent splits the commission with the
buyer's agent, unless one of them represents the
buyer and the seller. The broker for each agent gets
a split.
In "100 percent" firms, the agent keeps the entire
commission and pays the company a monthly fee for
office space, cost of processing paperwork, even
office supplies.
Agents who don't work in 100 percent companies are
responsible for all of their expenses, including the
national and international marketing that elite
properties receive.
So that $600,000 commission? It goes pretty fast.
Desert Showcase
