Pete Molloy Joins Legacy Properties Sotheby’s International Realty as Vice President

Pete_Molloy_Maine_Real_Estate

Portland, Maine (January 20, 2015)— Legacy Properties Sotheby’s International Realty, Maine’s leading Luxury Property company, is proud to announce Pete Molloy has joined its team of Maine real estate professionals as a Vice President.  Pete will be based in the flagship Portland office of this venerable Maine real estate company.

A native of Portland with an expertise in real estate in the Greater Portland real estate market, Pete has practiced real estate in Southern Maine since 2002.  He has consistently been one of the top performing agents with sales recognition for the past 8 consecutive years.  He boasts aggregate sales totaling more than $100 million dollars.  Pete brings a wealth of knowledge and experience to his clients with interests ranging from Portland, Yarmouth, Falmouth, Cumberland, North Yarmouth, Gray/New Gloucester, Freeport, Scarborough, South Portland, Brunswick/Topsham, Mid-Coast and the Lakes Region area.

“The addition of Pete to our Portland office is a terrific boost to our already strong Greater Portland and Cumberland County presence” says Christopher Lynch, President of Legacy Properties Sotheby’s International Realty. “He has consistently been a very strong player in many of the most competitive real estate markets in Maine.”

Pete, a graduate of Cheverus High School and Stonehill College, has invested his entire real estate career into client service and education.  He is equally qualified to work with clients listing property for sale and/or looking to buy the Maine home of their dreams.

“Pete has a strong following of loyal clients who have benefited from his hard work, focus and insightful local market knowledge” adds Lynch.  “He sees the Sotheby’s International Realty Brand as an invaluable tool to provide more for his clients.”

When asked why he chose to join Legacy Properties Sotheby’s International Realty Pete stated, “The next 15 plus years are very important to me and my clients.”  He adds, “I believe that the Sotheby’s International Realty network with its impressive business platform, global marketing and unsurpassed distribution will be value added for all of my clients.”

Pete Molloy can be reached at the office at 207-780-8900, by cellular phone at 207-632-1084 and by e-mail at pmolloy@legacysir.com.

Legacy Properties Sotheby’s International Realty is Maine’s leading luxury and lifestyle property company with more than 60 agents and 5 offices serving the state of Maine.

Offices Located at:

170 Main Street, Damariscotta 04543 207-512-5985 (Damariscotta Peninsula, Boothbay Peninsula)

2 City Center, Portland, ME 04101  207-780-8900 (Greater Portland Maine Real Estate)

141 Maine Street, Brunswick, ME 04011  207-729-2820 (Mid-Coast Maine Real Estate)

150 Port Road, Lower Village, Kennebunk, ME 04043 207-967-0934 (York, Ogunquit, the Kennebunks)

46 Bay View Street, Camden, ME 04843 207-230-1003 (Camden, Rockport, Tenants Harbor, St. George)

Additional agents serving Islesboro, North Haven, Mount Desert Island, Northeast Harbor, and Blue Hill among other beautiful Maine Real Estate locations

Linda Painter Joins Legacy Properties Sotheby’s International Realty as Vice President

Linda_Painter_Maine_Real_Estate_Agent

Portland, Maine (January 7, 2015)— Legacy Properties Sotheby’s International Realty is pleased to announce that Linda Painter has joined our Damariscotta real estate brokerage office as a Vice President.  With offices in Portland, Brunswick, Kennebunk, Camden and Damariscotta Legacy Properties Sotheby’s International Realty is one of the largest real estate companies in Maine and the #1 ranked luxury property company in the state.

A long-time resident of the Pemaquid Peninsula, Linda is a licensed Broker with nearly 25 years of residential brokerage experience. Linda has extensive experience in a variety of property types including commercial, luxury residential, inns, and condominiums.  Linda also has a passion for antique properties and currently lives in an 18th century farm where when enjoys everything Maine.

“We are pleased that Linda has joined our team in Damariscotta.  Her many years of experience, local market expertise and familiarity with different property types will be a great asset and a good fit for us” says Chris Lynch, President of Legacy Properties Sotheby’s international Realty.

Born and raised in Fairfield County Connecticut, Linda graduated from Norwich University with a degree in English.  She also went on to study at The American Academy for Dramatic Arts and the Katharine Gibbs School.

“Legacy Properties Sotheby’s International Realty has come on very strong in Maine’s beautiful Mid-Coast Region in recent years.  When they opened an office in Damariscotta, it seemed like a perfect fit for me, my business and my clients” states Linda.  “I am excited about joining such a successful team in my market area.”

On a personal note, Linda is very active with the Soldiers Angels Network and served as the President of the Board of Directors for the Mid-Coast Children’s Theater.  Linda enjoys living in coastal Maine with her husband, Frank, and rambunctious American Bulldog, Effie.

Linda Painter can be reached at the office at 207-563-2775, by cellular phone at 207-592-3214 and by e-mail at lpainter@legacysir.com.

Legacy Properties Sotheby’s International Realty is Maine’s leading luxury and lifestyle property company with more than 60 agents and 5 offices serving the state of Maine

Offices Located at:

170 Main Street, Damariscotta 04543 207-512-5985 (Damariscotta Peninsula, Boothbay Peninsula)

2 City Center, Portland, ME 04101  207-780-8900 (Greater Portland Maine Real Estate)

141 Maine Street, Brunswick, ME 04011  207-729-2820 (Mid-Coast Maine Real Estate)

150 Port Road, Lower Village, Kennebunk, ME 04043 207-967-0934 (York, Ogunquit, the Kennebunks)

46 Bay View Street, Camden, ME 04843 207-230-1003 (Camden, Rockport, Tenants Harbor, St. George)

Additional agents serving Islesboro, North Haven, Mount Desert Island, Northeast Harbor, and Blue Hill among other beautiful Maine Real Estate locations

MAINE HOME SALES DOWN 9.85 IN NOVEMBER

SOUTH PORTLAND (December 22, 2014)— Maine Listings today reported a 9.85 percent decline in sales of single-family existing homes last month. The median sales price (MSP) dipped 1.43 percent to $172,500. The MSP indicates that half of the homes
were sold for more and half sold for less.

The National Association of Realtors reported a national sales increase of 2.4 percent, while the national MSP rose 5.6 percent to $206,200. November sales in the regional Northeast were up 4.6 percent and the regional MSP increased 1.3 percent to $246,100.
Angelia Levesque, President of the Maine Association of Realtors, said, “Late in the year, Realtors continue to educate both buyers and sellers about their local market conditions, available inventory, steady prices, and historically-low interest rates.”

Levesque, a Realtor with Better Homes and Gardens Real Estate/The Masiello Group in Bangor, says that in 2015, we can expect to see “motivated and focused sellers and buyers. Start the home buying purchase process now to take advantage of tax savings in 2015.”

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of November only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the “rolling quarter” months of September, October and November of 2013 and 2014.

Maine Real Estate

Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS, is a statewide Multiple Listing Service with over 4,100 licensees inputting active and sold property listing data. Statistics reflect properties reported as sold in the system within the time periods indicated.

MAINE HOME SALES UP 26.24 PERCENT IN OCTOBER

SOUTH PORTLAND (November 20, 2014)—Impressive, double-digit real estate sales increases were recorded last month across the state of Maine. According to Maine Listings, statewide single-family existing home sales jumped 26.24 percent last month, compared to figures from October 2013. The median sales price (MSP) for those homes eased a very slight 0.71 percent to $175,000. The MSP indicates that half of the homes were sold for more and half sold for less.

The National Association of Realtors released statistics indicating a 2.9 rise in
October’s national single-family existing home sales. Sales prices across the country were up 5.6 percent to a national MSP of $208,700 last month. Regionally, the Northeastern United States witnessed a sales increase of 4.4 percent, and the regional MSP rose 1.2 percent to $246,900.

Angelia Levesque, President of the Maine Association of Realtors, said, “The rise in units sold seems to echo was I’ve been hearing from Realtors all across the state. Many buyers hoped to be settled into their new homes before winter, so Realtors have been very busy showing their clients options.”

Levesque, a Realtor with Better Homes and Gardens Real Estate/The Masiello Group in Bangor, has also seen “steady activity in the marketplace currently. I’m optimistic that 2014 will end positively, and interest will continue throughout 2015.”

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of October only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the “rolling quarter” months of August, September and October of 2013 and 2014.

 

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Sotheby’s International Realty Brand Enters Poland

MADISON, N.J., and WARSAW (Nov 6, 2014) – Sotheby’s International Realty Affiliates LLC today announced that leading Polish real estate firm Park House in Warsaw has joined its luxury real estate network and now will operate as Poland Sotheby’s International Realty.

The firm is managed by Arkadiusz Wojciechowski and Piotr Śliwka, who signed an exclusive 25-year master franchise agreement to develop the Sotheby’s International Realty® brand throughout Poland including the luxury residential real estate markets in Warsaw, Crocow, Wroclaw, Poznan and Lodz.

“Expansion across Europe continues our commitment to providing access to the Sotheby’s International Realty network’s exclusive real estate services in key cities around the world,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “This affiliation, which strengthens the brand’s presence in Europe, offers entrance into the famous capital city of Warsaw. I was proud to attend the Warsaw launch of Poland Sotheby’s International Realty in person, and am delighted that a global clientele will now have access to the brand in this historic part of the world.”

According to Wojciechowski, the firm was created to fulfill the needs of highly discerning clients searching for extraordinary real estate and requiring a high quality of service. “It is vitally important for our team to ensure that we understand our clients’ needs and to deliver efficient and personalized services with professionalism and confidentiality,” he said. “The Polish real estate market is unique in that it is focused on a number of key cities with an array of high-end apartments and luxury developments, as well as spacious residences in the surrounding popular suburban towns and villages. Now with the support of the Sotheby’s International Realty brand we can bring Poland’s extraordinary and unique properties to the far-reaching corners of the world.”

The Sotheby’s International Realty network currently has over 15,000 sales associates located in approximately 720 offices in 52 countries and territories worldwide. Poland Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

MAINE REAL ESTATE SALES UP 6.58 PERCENT; PRICES RISE

SOUTH PORTLAND (October 21, 2014)— Buyers of Maine real estate have been active this fall season, purchasing seasonal/vacation properties as well as primary homes. Maine Listings released statistics today showing that sales of single-family existing homes increased 6.58 percent in September 2014. The median sales price (MSP) hit $175,000 last month—up 1.16 percent from one year ago. The MSP indicates that half of the homes were sold for more and half sold for less.

Nationwide, sales dipped 1.9 percent while the national MSP rose 5.9 percent to $210,300. According to the National Association of Realtors, sales in the regional Northeast decreased 1.4 percent and the regional MSP of $249,800 represents a 4.8 percent increase.

Angelia Levesque, President of the Maine Association of Realtors, said, “The numbers are looking pretty steady…another sign that real estate has stabilized.”

Levesque, a Realtor with Better Homes and Gardens Real Estate/The Masiello Group in
Bangor, said a common question asked by sellers is, “Should I take my home off of the
market for the winter? Should I wait for spring to list my house? Colder weather brings
with it serious buyers—some who want to take advantage of tax breaks before next year. So rake those leaves and bring in the outside furniture and decorations. Keep curtains open to allow as much light into your home as possible. Buyers are out there, and they want to celebrate the holidays in their new home.”

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of September only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the “rolling quarter” months of July, August and September of 2013 and 2014.

Maine Real Estate

 

Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS, is a statewide Multiple Listing Service with over 4,100 licensees inputting active and sold property listing
data. Statistics reflect properties reported as sold in the system within the time periods indicated. Contacts: Maine Association of REALTORS President Angelia Levesque (Better Homes and Gardens / The Masiello Group) – 942-6711 – angelia.levesque@yahoo.com or Maine Association of REALTORS President-Elect Marie Flaherty (Prudential Northeast Properties) – 797-8585 – marie@tfre.com – For more names: suzanne@mainerealtors.com.

Sotheby’s International Realty Brand Welcomes New California Firm

Pleasanton, CA Corporate HousingMADISON, N.J. (Oct. 6, 2014) – Sotheby’s International Realty Affiliates LLC today announced that Venture Sotheby’s International Realty in Pleasanton, California, is the newest member of its real estate network. The brokerage will be led by Andrew Greenwell, the broker and co-owner of the firm.

With this addition, the Sotheby’s International Realty® brand will have 83 offices throughout the state of California.

“We are proud to grow the Sotheby’s International Realty brand’s presence in California with Venture Sotheby’s International Realty and the team of professionals that Andrew is building,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Pleasanton is one of the finest markets in California and a premier destination in the Bay Area given its close proximity to San Francisco and Silicon Valley.”

According to Greenwell, the Sotheby’s International Realty affiliation offers his firm true international exposure, combined with their local expertise.

“The combination of the Sotheby’s International Realty network’s global reach, our local knowledge and mutual commitment to quality is very compelling,” he said. “As well, we are fortunate to represent one of the world’s finest brands in a highly sought after market, with its beautiful weather, wine country lifestyle and scenic landscapes. We look forward to representing some of the most extraordinary real estate the Bay Area has to offer, and with the support of this brand, introducing our market to a broad audience of consumers worldwide.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide. Venture Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Legacy Properties Sotheby’s International Realty Welcomes Tim Kennedy as Vice President

Tim_Kennedy_Maine_Real_Estate

Maine Real Estate (October 6, 2014) Legacy Properties Sotheby’sInternational Realty, Maine’s leading Luxury Property company, is pleased to announce that Tim Kennedy has joined its team of Maine real estate professionals as a Vice President. Tim will be based in the Portland office at 2 City Center.

Tim began his  real estate career in 1985. He has an extensive background in all phases of new construction and residential development. Adept at working with both buyers and sellers, Tim specializes in complex high value and hard-to-value homes.

“It is terrific to have Tim join our team of Maine real estate professionals. His experience in so many facets of the residential property business is an invaluable asset” says Christopher Lynch, President of Legacy Properties Sotheby’s International Realty. “I can see him getting more involved in many different areas from shore front, in-town condos to new construction.”

Tim, a Cumberland resident and graduate of the University of Maine at Orono with a degree in Business Finance, considers himself a “Mainer.” Tim has also lived and worked for many years in Westchester County, NY. 

“Legacy Properties Sotheby’s International Realty has a depth of support and investment in the success of its agents that I think is unparalleled in Maine” says Tim.  “My clients are already seeing the benefits of the Sotheby’s branding, global exposure and incredible marketing tools.”

In his free time, Tim is an avid outdoorsman who really enjoys spending time boating on Casco Bay with his 3 daughters.

Tim Kennedy can be reached at the Portland Real Estate Office at 207-780-8900, by cellular phone at 207-632-0557 and by e-mail at tkennedy@legacysir.com.

Legacy Properties Sotheby’s International Realty is Maine’s leading luxury and lifestyle property company with more than 60 agents and 5 offices serving the state of Maine. 

Jim Nadeau Joins Legacy Properties Sotheby’s International Realty’s as Vice President

Jim Nadeau Maine Real Estate Agent

Maine Real Estate (October 3, 2014) Legacy Properties Sotheby’s International Realty, Maine’s leading Luxury Property company, is proud to announce Jim Nadeau has joined its team of Maine real estate professionals as a Vice President. 

Jim, a graduate of Boston College, has more than 20-years experience in real estate.  His background spans working with properties both domestic and international. He has been involved in property management, development, investment and brokerage. Jim is also a land use consultant with an expertise in waterfront and water view properties. 

“We are very excited to have Jim join our team of Maine real estate agents. He has such an impressive skill set which we know will add value for our clients” says Christopher Lynch, President of Legacy Properties Sotheby’s International Realty. “He has really hit the ground running!”

Licensed to practice real estate in both Maine and New Hampshire, Jim is able to help his clients optimize the economic value and/or best and highest use potential. 

“With all of the potential challenges to Maine coastal properties resulting from the change in FEMA mapping, it is such an asset to have his input in the purchase or sale process” adds Lynch. “While Jim will be based in our Kennebunk office, he will be a resource available to our entire brokerage network.”

“I have been very impressed with the extraordinary depth of business activity and professionalism here at Legacy Properties Sotheby’s International Realty” says Jim. “I know that I am going to have many opportunities to work with some of the most interesting properties in Maine.”

Jim Nadeau can be reached at the Kennebunk Real Estate Office at 207-967-0934, by cellular phone at 207-337-3687 and by e-mail at jim.nadeau@sothebysrealty.com.

Legacy Properties Sotheby’s International Realty is Maine’s leading luxury and lifestyle property company with more than 60 agents and 5 offices serving the state of Maine. 

Sotheby’s International Realty Brand Welcomes Massachusetts Firm

MADISON, N.J. (Oct. 1, 2014) – Sotheby’s International Realty Affiliates LLC today announced that Prudential Unlimited Realty, with offices in Brookline and Jamaica Plain, Massachusetts, is the newest member of its real estate network. The company now will operate as Unlimited Sotheby’s International Realty, and Jon Ufland is principal and managing broker of the firm.
With this addition, the Sotheby’s International Realty® brand will have 33 independently owned and operated offices throughout the state of Massachusetts.

“We are proud to grow our presence in Massachusetts with Unlimited Sotheby’s International Realty,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Jon and his team are passionate about driving results for their clients and have built a reputation for providing the highest level of quality service. Both Brookline and Jamaica Plain are hubs for their surrounding local communities. Jon and his 50 dedicated sales professionals who serve these fine markets have achieved many successes for their clients over the last 15 years.”

According to Ufland, the Sotheby’s International Realty global reach perfectly complements his agents’ local knowledge and experience and will help attract the most talented and professional agents, while supporting the company’s consistent growth and evolution toward servicing extraordinary properties at all price points.

“We are so proud to represent the Sotheby’s International Realty network in Brookline and Jamaica Plain, and plan to be an integral part of the brand’s presence in the Greater Boston area,” he said. “Our brokerage has and will continue to operate on a ‘clients for life’ model. For each and every one of our customers and clients, we strive to build life-long relationships for the entirety of their real estate journey. Our goal is to advise them and to help them navigate through the emotional and financial aspects of any real estate need no matter what stage of life they are in. We aim to make the experience as fulfilling and rewarding as possible.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide. Unlimited Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.