Legacy Properties Sotheby’s International Realty Ranks #1 in Maine for Luxury Property Sales
Maine Real Estate (January 2020) – Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, and Camden, announced today that it again retained the #1 Ranking for Luxury Property Sales in Maine. The company reported results based on its ongoing success selling residential homes priced over $1 million. According to Maine Listings statistics, Legacy Properties Sotheby’s International Realty closed 119 transaction sides over $1 million in 2019 which is a nearly 60% increase from its own 2018 record. Dollar sales volume also expanded by more than 40% to $180 million in luxury sales compared to $126.7 million the previous year. The statistics also show that the company held a very substantial lead over the #2 participant in this highly competitive market segment. With luxury sales performance exceeding that of its next closest competitor by 60% in dollar terms, the company continues its leadership role in both listing and selling high value homes in Maine.
“The Luxury Real Estate market in Maine is under-served just about everywhere in the state. This segment really requires the global access, luxury branding, and white-glove service we provide,” said Chris Lynch, President. “Our organic growth in target markets has been exceptional as we have successfully increased our overall market share while retaining our focus on representing distinctive properties throughout Maine.”
Legacy Properties Sotheby’s International Realty is also proud to report that it ranks as the #4 real estate company in Maine for all property sales. “We are very fortunate to have so many top performing agents who have built their businesses around a high-touch approach, exceptional personal service, and professional sales results,” adds Lynch. “We have managed to dominate key market segments and achieve a leading share of the entire market. Our company’s size allows us to be focused in our efforts and provide the service our clients expect. We believe that all of our clients’ homes deserve the kind of custom attention we provide.”
Legacy Properties Sotheby’s International Realty attributes its success to offering its clients a very strong package of marketing services including critical professional photography, 3D Virtual Tours, glossy print advertising, global property distribution through its exclusive network of dedicated and professional agents, and luxury branding through its affiliation with Sotheby’s International Realty.
“Maine has enjoyed a strong structural improvement in worldwide perception and popularity. Our greatest challenge is now locating enough inventory to satisfy the demand of our ever-growing buyer base. Our ability and success in selling more homes for more money than any real estate company in Maine has helped us grow our markets and market share. We are proud of the properties we sell and equally proud of helping our buyers find their dream homes,” Lynch concludes.
