Kelowna found itself in elite company Tuesday, when in the space of one hour, top realtors from nine of the world’s most luxurious neighbourhoods gathered to share their market insights.
The top-grossing realtors from Coldwell Banker offices in Paris, Miami Beach, Beverly Hills, Aspen and others connected via teleconference for a luxury market roundtable; each giving five-minute summaries of their markets’ price ranges, demographics, selling features and forecasts.
“This is a unique opportunity to gain insight about the luxury market and affluent client expectations from a special group which represents not only many of the top Coldwell Banker Preview specialists in the world, but indeed what I believe to be the finest agents within the real estate industry,” said Budge Huskey, Coldwell Banker President and CEO.
Representing Canada was Kelowna’s own Jane Hoffman, of Coldwell Banker Jane Hoffman Group.
The Hoffman Group is the top producing team for Coldwell Banker Canada and has been active in over 85% of all sales in her market over $3m and 100% of sales over $5m.
“Kelowna is largely an undiscovered gem in the luxury market in Canada,” said Hoffman.
She cites the weather, moderate size, recreation opportunities and agri-tourism industry as some of the main reasons affluent home-buyers come to Kelowna.
Most of Kelowna’s luxury properties are either lake view homes, waterfront homes or vineyard estate properties, according to Hoffman, with elite homes being in the $3m to $5m range.