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At the end of 2008, Marquette Turner launched an international competition with 99designs to find a design to commemorate our company’s winning of the title of The World’s Most Outstanding Luxury Agency Under 2 Years Old by the Who’s Who in Luxury Real Estate.

An exceptional number of quality of designs were entered from designers on all corners of the Earth, from Madagascar to New York.

The winning design, as shown below, was designed by Janet Boschen in Melbourne, Australia.

Thanks to everyone whom entered – we certainly look forward to holding more future competitions.

Simon Turner

Marquette Turner Luxury Homes were awarded the World’s Most Outstanding Luxury Agency Under 2 Years Old in 2008 by the Who’s Who in Luxury Real Estate, and we would like a design to use on our marketing material.

Any one from anywhere can enter this competition via the award winning 99designs website.

Read the DESIGN BRIEF to find out more details of the competition and enter.

Good luck, and stay tuned for more future competitions, or email us (info@marquetteturner.com.au) if you’d like to be informed of new competitions.

Simon Turner

Once you list your home for sale you may find it difficult to step aside and let your agent take over.  You may be wrestling with the temptation to linger around while prospective buyers view your home, hoping to get the chance to point out all of the “bells and whistles” you know make your house more “sellable”.

If you really want to help, however, you will leave the house whenever it is being shown.

We have found that the sales process does not really begin until buyers have begun to voice their personal objections about a property, which makes their motives, plans and position much clearer to the agent.

Unsurprisingly, most buyers are unlikely to feel comfortable voicing their opinions in front of the home owner.  Many buyers are walking through with family members or friends and want to be able to openly discuss the pros and cons of the home.  Sometimes their objections are serious enough to remove your house from consideration.  This may not be the case though, as oftentimes homebuyers have specific criteria they are “judging” the home on and just want to make sure it measures up the their wants and needs.  If they really like the house they are going to want to talk freely and openly about the pros and cons of the home.

It is often difficult for the home owner to listen to buyer objections without taking them personally, and this is often the case sometimes even when the agent is conveying these objections to the owner.  Regardless, it is important to remember that these objections often do not reflect actual criticism of your property, simply the “inner monologue” of a buyers thought and later negotiating process.

If a seller is standing at the agent’s elbow, the buyer won’t be comfortable enough to allow the process of raising objections take place. If the buyer feels intimidated or suppressed, the sale could be lost.

Also, if the home owner is pestering the buyer about how great their home is then they might feel like there is something that they are trying to cover up.  The best way to help is to give your real estate agent room to make the sale.  They will be viewed as far more impartial and this is ultimately what you have engaged their services for.

A quality agent, will have excellent credentials and come highly recommended.  Ask them prior what training they have had, if they are trained in negotiation, and what associations/awards they have to their name

Michael Marquette

FYI: Read related articles on Real Estate Agents; or Luxury Homes; or Selling Your Home

More information: Marquette Turner Luxury Homes, 2008’s Winner of the World’s Most Outstanding Luxury Agency Under 2 Years Old, are tertiary trained in negotiation and are one of Australia’s just two Board of Regents for the prestigious Who’s Who in Luxury Real Estate.  Contact us to find out how we can represent you on +61 433 170 170 or email michael@marquetteturner.com.au


We can indeed see Russia from where we are, but no, we’re not in Alaska.

This article is actually absolutely nothing to do with Sarah Palin or the recent US Presidential Campaigning.   Marquette Turner Luxury Homes has the privilege of featuring on the front cover of Russia’s leading Luxury Homes magazine, International Residence.

I briefly studied Russian as a language at university and got to try it out on the locals when serving in the military in Afghanistan and Kyrgyzstan a few years back, however, my translation abilities can’t quite cope with a magazine.

Nonetheless we invite you to visit their website, and indeed browse through the magazine by clicking on the front cover above, or CLICK HERE.

Marquette Turner Luxury Homes is truly establishing itself as THE luxury agency with an International Focus, ably assisted by our colleagues of the Who’s Who in Luxury Real Estate, and we look forward to showcasing some amazing new properties in truly splendid locations in the coming weeks.

Simon Turner

FYI: Read related articles on Luxury Homes; view Marquette Turner’s listings; and Overseas Investments

SEATTLE – Luxury Real Estate’s Board of Regents announced today its continued expansion in Australia with Marquette Turner Luxury Homes, which will be the exclusive representative of the New South Wales, Australia territory.

LuxuryRealEstate.com is the most-viewed luxury real estate Web site in the world, featuring more than 66,000 high-end properties in 106 countries.

Marquette Turner Luxury Homes specializes in the sale of luxury properties in New South Wales, with a particular focus on the cities of Sydney and Newcastle. Established by Michael Marquette and Simon Turner, the Agency is at the forefront of luxury real estate in Australia.

“Marquette Turner Luxury Homes has quickly become an important part of our international network, and I’m pleased to offer them this place on our Board of Regents,” said John Brian Losh, CEO and publisher of LuxuryRealEstate.com, and CEO, chairman and broker of Ewing & Clark, Inc., Seattle’s oldest real-estate brokerage.

The focus of Marquette Turner Luxury homes is on satisfying the long-term needs of their luxury clients. The firm is highly selective in choosing which clients to work with and offer an extremely personalized boutique approach.

Michael Marquette, co-President of Marquette Turner said: “Who’s Who in Luxury Real Estate has no peer when it comes to showcasing luxury property from around the world.  Having been chosen to represent Australia’s premier city, Sydney, on the Board of Regents, we are truly at the pinnacle of worldwide luxury real estate.  We look forward to pioneering and partnering with the finest Luxury real estate organization and it’s members throughout the world.”

The Board of Regents is a prestigious affiliation of luxury brokers, which forms the governing body of the global Luxury Real Estate network. It is comprised of 84 brokerage firms representing more than 600 offices and 1,900 luxury real estate professionals from around the world. Each Board of Regents member is selected because of his or her qualifications and commitment to the Luxury Real Estate brand.

For more information on Marquette Turner Luxury Homes, visit www.marquetteturner.com.au. For more information on the Board of Regents, visit www.Regents.com.

About the Luxury Real Estate Board of Regents
The Board of Regents is an exclusive network of the world’s most elite luxury real estate brokers, comprised of the most legendary names in the industry selected by Luxury Real Estate CEO John Brian Losh. The Board of Regents is the governing body of Who’s Who in Luxury Real Estate, the worldwide network of luxury real estate brokerage firms. Members of the Board of Regents are marketing experts, providing innovation and unparalleled service to their clients. For more information, visit www.LuxuryRealEstate.com or www.Regents.com.

A kitchen to dream of, bathrooms that everyone could relax in, abundant storage facilities, four bedrooms, study, plunge pool, formal and informal living areas – what more could you ask for? Walk into this contemporary designed home and you will step into a different world. Space, light, and modern facilities galore.

The kitchen is expansive, giving a fantastic working space for the chef and entertainer. Features include all SMEG appliances – Dishwasher, Stove, Oven and Coffee Maker plus a “Butler’s Kitchen”. This is pure luxury for any entertainer. The Butler’s Kitchen includes full sink facilities, microwave area, preparation area and is adjacent to the large kitchen. You can prepare meals, create a mess, and write messages on the floor to ceiling chalk board.

The formal living area, including living and dining spaces overlook the pool and water features. Furthermore, a Balinese Hut provides tranquility to all who seek to relax in this spacious area. This beautiful setting is aided by the timber floors, enormous glass features and space and simplicity in design.

More information: Learn more about this property by clicking on any of the images above or HERE

CONTACT: Christine Watson on +61 414 352 680 or via email Christine@marquetteturner.com.au or Michael Marquette on +61 433 170 170 or via email Michael@marquetteturner.com.au

FYI: See more Luxury Homes in Australia or from our Global Luxury Search.

Fashion designer Wayne Cooper’s Luxury Sydney home in Sydney’s Eastern Suburb of Tamarama failed to attract a bidder at auction yesterday.

The entire process has been disastrous from start to finish with Wayne Cooper being convicted of assaulting her last Friday.  An apprehended violence order was amended so he could attend the auction.

A bidder offered an opening offer of $2.2 million, with the auctioneer rejecting the bid and opening with a vendor bid of $2.9 million. From that point on there was complete silence from any “real bidder”.

The one size fits all auction mentality is just not cutting it.

The sale of Luxury Homes is for specialists and unfortunately the agent responsible for conducting the campaign was not a Luxury Agent and not a recognized member of The Who’s Who In Luxury Real Estate – the invitation-only worldwide peak industry body.

I find it amazing that agents choose to sell homes in the same way regardless of value – failing to recognize the difference between those involved in purchasing Luxury Homes. The market in Australia is proving week after week that clearance rates for properties over $1 million are extremely low – yet agents continue to cling to auction as a way of getting vendors to spend thousands of dollars on advertising their home in several newspapers in a very short period of time, or simply because they don’t know how to tell things as they are to their client.

Little if any thought is given to post auction strategy and research done by the National Association of Realtors is now indicating that almost 90% of buyers first find their home online – so why are agent’s still encouraging vendors to spend so much money on newspaper advertising? The answer is that it helps promote the agent – it’s a disappointing fact that so many agents give such poor advice.

The other issue at the moment which is making auctions more than difficult is that buyers are taking longer to make purchasing decisions – a 3 or 4 week concentrated campaign rarely works for Luxury Homes. Ms Marsh (Wayne Cooper’s former partner) had opposed yesterday’s auction because she feared it would not attract a good price due to the weakening market – she was totally right!

In fact Ms Cooper was so determined to have the auction postponed that she took her case to the Supreme Court – unfortunately she was unsuccessful.

Having worked with McGrath Estate Agents early in my career I understand that the auction method of sale is pushed onto vendors and agents are under enormous pressure to convince vendors to auction their properties – unfortunately there is little evidence either domestically or abroad to support auctioning and wasting thousands of dollars on what is fast becoming outdated newspaper advertising.

It has been reported that the McGrath Agent responsible for the sale has blamed the domestic violence issue for the property’s non-sale. I would suggest that proper training, advice and strategy formation from the beginning would have resulted in different advice being given as to the correct sale method and I strongly believe that Luxury Agencies like Marquette Turner Luxury Homes are by far the best choice when selling top-end properties.

Marquette Turner Luxury Homes has been awarded the Who’s Who in Luxury Real Estate’s 2008 Most Outstanding Luxury Agency in the World operating for less than 2 years – beating around 6000 agencies and 121,000 Luxury Agents.

Michael Marquette

FYI: Read more articles about Auctions the Who’s Who in Luxury Real Estate, and Luxury Homes

A week is a long time in life – the news is good, then it’s bad, the market is up and then it’s down. Our trip around the world over the last couple of weeks has taken us to Philadelphia, New York, Los Angeles, London, Dublin and San Fransisco.  Back in Sydney it’s so clear how small the world is: everywhere the same topics are on people’s lips: the US Presidential Election and the Economy.

Fear of the unknown can often be the most stressful aspect of life, so the best way to manage such fear is to keep as informed as possible.  Hopefully our articles will help, and ultimately ensure that you’re ready to seize an opportunity when it appears.

Staying updated is the best medicine: our latest e-magazine is out now, so please click on the link 24 October 2008 or browse through our blog.

Regards,
Michael Marquette & Simon Turner

Last week whilst at the Who’s Who in Luxury Real Estate Annual Conference and Award’s in Philadelphia, Michael Marquette & myself (representing Marquette Turner Luxury Homes) were awarded the title of the World’s Most Oustanding Rookie (New Luxury Real Estate Agency).

Therefore, as the “newbie” we were in the company of other winners, some that were being awarded for selling over a billion dollars US, which is obviously quite jaw dropping coming from Australia.

Here are five insights that I gained from the Conference:

  • Social networking is very much embraced by leading businesses (even if not necessarily by all employees).  Prior to our trip, whilst I knew of the major portals, I didn’t regularly use them all, and certainly not in a business manner.  Now, I am increasingly appreciating how Facebook, LinkedIn, Twitter, My Judy all have a very useful position.
  • Australian’s tend to be more shy about success.  I am definitely one of these.  My experience in the last few weeks, however, is that the Americans we came in contact with were very excited about where we’d come from, what we thought, and where we were heading.
  • We’ve often been told that it’s difficult to “break the glass ceiling” in Australia when having new ideas, when you haven’t been around for a long time and aren’t particularly preaching to the converted (ie. you have new ideas).  This isn’t true, despite our youth we have been embraced by Australian’s and others.  Of course there are some people that take a little longer to warm to one’s ideas, but this just helps you tweak your concepts.
  • Share, share, share.  It’s very difficult to grow, evolve, or refine when keeping everything to yourself.  Putting your ideas out there not only gets you mountains back in return, but it also improves your understanding of your offering.
  • Don’t be shy: if you can’t promote, sell and back your own ideas, thoughts and business in general, then it’s going to be very difficult to get others to.

I hope some of these insights help you as much as they have me in furthering my knowledge and ideas for the future. Simon Turner

FYI: Follow us on Twitter: Simon Turner & Michael Marquette

Last week nearly 200 luxury property experts met in Philadelphia for the 13th Annual Luxury Real Estate Fall Conference at the Ritz-Carlton Philadelphia. Whilst we have reported Marquette Turner’s award, we are pleased to be able to bring to you the other LuxuryRealEstate.com members who were honored with awards during the banquet on the final evening of the event.

The following is a list of the prestigious Luxury Real Estate awards and their recipients:

Best Brand Integration: John Daugherty, Realtors (www.johndaugherty.com)

Best Overall Marketing Package:
Daniel Gale Sotheby’s International Realty

Most Innovative Marketing Technique:
Waterfront Properties and Club Communities

Best Web Site – Design:
Rimontgó (www.rimontgo.es)

Best Web Site – Innovation:
Chase International (www.chasenation.com)

Most Outbound Referrals:
Gibson Sotheby’s International Realty

Best Print Marketing:
Harry Norman Realtors

Best Industry Networking:
Arizona Best Real Estate

Billionaires Club (Individuals selling more than $1 billion of property): Bob Melvin, Gasparilla Properties, Inc.; Patricia Petersen, Daniel Gale Sotheby’s International Realty; Shari Chase, Chase International

Cathy Jones Coburn, & Slifer Smith & Frampton Real Estate

Most Transactions in 2007 – Individual:
Eleanor Farnsworth, Prudential Gardner

Hightest $ Volume in 2007 – Company: Slifer Smith & Frampton Real Estate

Highest $ Volume in 2007 – Individual:
Jacky Teplitzky, Prudential Douglas Elliman

Outstanding Rookie:
Michael Marquette / Simon Turner, Marquette Turner Luxury Homes

Most Valued Partner – MVP: Unique Homes (www.uniquehomes.com)

Best New Community:
Four Seasons Residences, Bora Bora

Biggest Sale in 2007:
Heather Lemon, Slifer Smith & Frampton Real Estate

Extraordinary Philanthropist:
Tim Murray, Alain Pinel Realtors

Lifetime Achievement Award:
Lois Schneider, Lois Schneider Realtor

A huge congratulations to all of our Who’s Who award winning colleagues, and the many other members that ensured the Philadelphia Conference was such a great success.

Michael Marquette

About LuxuryRealEstate.com

Luxuryrealestate.com is the most-viewed luxury real estate Web site in the world. The Who’s Who in Luxury Real Estate network includes 1,912 of the world’s finest real-estate companies with properties in 98 countries. Participation is strictly invitation-only by CEO/Publisher John Brian Losh. In Ultimate Homes’ 2008 issue, the network represented more than twice the number of top 1,000 most-expensive properties in the country than any other network. The Who’s Who in Luxury Real Estate network is governed by the Board of Regents. The next LuxuryRealEstate.com event is the 4th Annual International Conference, and it will be hosted in Paris on Jan. 21-23, 2009. For more information on this upcoming event, visit www.luxuryrealestate.com/conference.

It is time to speak out loudly about what is happening in Sydney’s real estate market.   Clearly it does vary from suburb to suburb and looking at the Luxury end of the market there has been a slight reduction in price in some areas. Properties at the very top end (over $10M) are holding their price. It has been quoted that the share market collapse, job losses and the disappearance of assets is having an impact on housing prices in Australia with some people being forced to market their properties.

It is vital to understand that Australia is a prosperous nation which is not in recession or even close to a recession. Australia is continuing to grow (at a reduced forecast of around 2%), unemployment is very low, inflationary conditions are improving and the Australian Banks seem to have buffered themselves to a large extent from the mess that many other Banks around the world succumbed to.

This is not the carnage the press would like us to believe. Sales volumes are down and some people are choosing to sell and others need to sell (not terribly different to any other time) – If people can sell, they will.  If they can’t, they will weather the storm.

Some real estate agents (I will not name them) have been quoted in Newspapers as saying that they have reduced prices on properties from $1.5m through to $6.5M.  The question which needs to be asked here is, “By how much were these properties overpriced by the real estate agent initially?” Many agents and vendors over price property (Again I ask what has changed?). In any market overpriced property needs to have price reductions and this is true of any period in time.

Earlier in the week Michael Marquette stated: “Real estate is the logical asset class at the moment. In a difficult time on the stock market it has been consistently proven that people turn to property. Australian property will be attractive to people overseas like never before. The country is holding together, real estate has not collapsed and our lower dollar makes for some excellent buying opportunities for people living in countries like the UK and the United States. I believe a lot of American money will be attracted to Australia and it makes sense that it is invested in property”.

Christine Watson

The October 17, 2008 edition of the MTLH e-magazine, coming to you this week from New York City, can be viewed right now.

The amazing reach of the internet has never been more evident than right now – two young Australian’s have just won a global, luxury award and Barack Obama, having just eloquently seen off the challenge of John McCain in the 3rd Presidential Candidate Debate (incidentally, here in New York) and perhaps the clearest advocate of just what social networking and communication can do, is knocking on the door of Bush Jr’s  hangout on Pennsylvania Avenue (ie. The White House). That’s progress!

And in case you’re wondering, we can’t see Russia from here!

Read the latest e-mag here or read last week’s edition.

Simon Turner

SYDNEY, Australia, Sep 18. Australian Michael Marquette, founder of Marquette Turner Luxury Homes, is one of only two non-American Award Nominees for the 13th Annual Luxury Real Estate Conference to be held in Philadelphia, Pennsylvania, USA held Saturday, October 11th through Tuesday, October 14th, 2008!

One of only four international real estate agents nominated in the category of Outstanding Rookie, Michael Marquette will be joined at the award’s conference at the Ritz-Carlton by fellow agency founder Simon Turner.

Michael Marquette & Simon Turner

The Who’s Who in Luxury Real Estate is the most prestigious luxury real estate organization in the world, and its website LuxuryRealEstate.com is the most viewed luxury real estate portal in the world. The invitation-only industry peak body is made up of almost 6000 offices worldwide.

Marquette comments that “It is such an honour to have been initially invited to be a part of the exclusive Who’s Who, so to have been nominated for an award is truly humbling”.

He continues “As an Australian I’m very proud to have been recognized. With around 120,000 luxury real estate agents in 65 countries the Who’s Who is an amazing network and I’m thrilled and excited that our hard work has been noticed. What this nomination also demonstrates is what Simon Turner and myself have long believed, that Australian real estate deserves a forward thinking, savvy and luxury agency to showcase some of the stunning properties that our country has to offer to a worldwide audience.

Furthermore “The launch of our company and its success and recognition in just 18 months is testament to the belief of our clients and others important to us in what Marquette Turner Luxury Homes has to offer, and we look forward to further cementing our place in the market.”

Other top real estate industry awards to be awarded during the conference include the Lifetime Achievement Award, the Billionaires Club, Extraordinary Philanthropist, and the Biggest Sale in 2007.

Michael Marquette & Simon Turner are very much looking forward to meeting and learning from some of the world’s leading agent’s and the most influential people in Real Estate worldwide.

For more information please contact Michael Marquette on +61 433 170 170 or via email michael@Marquetteturner.com.au

LuxuryRealEstate.com, the luxury real estate website of the prestigious “Who’s Who in Luxury Real Estate” has been named as the world’s most prestigious real estate website by high-net-worth consumers in the 2008 Luxury Brand Status Index survey.

The survey was conducted by the Luxury Institute, an independent research company in New York City.

John Brian Losh, CEO/publisher of LuxuryRealEstate.com stated that “this study illustrates our dedication to high-end homebuyers and sellers in the United States and around the world.”

He goes on to say that “It’s an honour to receive such high praise from wealthy consumers. They demand only the finest properties and that’s exactly what we provide on our website.”

Since its creation in 1995 at the dawn of the Internet age, LuxuryRealEstate.com has been the most popular site in its field.

Michael Marquette, co-founder of Marquette Turner Luxury Homes goes on to say that “We are extremely proud to be one of the privileged few Australian agency’s to have been invited to be a part of this global network.  We are genuinely able to offer Australian’s a true choice to sell their luxury home.”

Furthermore, “With current market conditions meaning that showcasing a property to its very best is more important than ever, the client’s of MTLH are afforded the very best marketing available at absolutely no cost to them”.

Quite simply, such an advantage is priceless.  Marquette Turner’s luxury listings are showcased on Luxury Real Estate.com for the whole world to see.

Michael Marquette

Michael Marquette is also a frequent contributor to the LRE network’s personal thoughts section.  Read his latest articles

Marquette Turner Luxury Homes is very proud to announce that we have been recognised by the most prestigious international body in real estate. We have been named as Members of the Who’s Who in Luxury Real Estate, recognising our outstanding commitment to service and innovation and our consistent record results.

There are only a handful of agents throughout all of Australia who are internationally recognised as members of the Who’s Who in Luxury Real Estate.

Marquette Turner Luxury Homes is the only agency recognised in both Sydney and Newcastle and the only member of the Who’s Who in Luxury Real Estate in Newcastle itself.

Specialising in the sale of properties from $1,000,000 Marquette Turner Luxury Homes is the only choice for those wanting the very best in marketing luxury homes and the ability to reach both nationally and internationally.

Marquette Turner Luxury Homes very much look forward to unveiling our luxury website in the next few weeks and expanding upon the luxury services that we are already providing to our clients.

Members of the Who’s Who in Luxury Real Estate in 2007 sold 410 of the most expensive 1,000 properties in 2007.

Michael Marquette

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