The Light Group Is Once Again Honored With Douglas Elliman’s Pinnacle Award At The 2024 Ellie’s Posted on March 15, 2024March 16, 2024 by Sarah Elles Boggs After a whirlwind of a year in Miami’s exciting real estate world, we are very honored to have been recognized at Douglas Elliman for our performance in 2023. Each spring, the company tallies up the sales figures using several different metrics in order to see which agents and teams are performing at their peak. For the second year in a row, The Light Group has taken home an Ellie for the Pinnacle Award, meaning that we have transacted in the top 3% of all Douglas Elliman agents nationwide. This metric includes offices in markets such as New York, California, Texas, Colorado and of course Florida. Being honored at this level is quite a feat as there are over 7,000 agents in 113 offices all vying for the prize. The Metrics Given that we service several different types of transactions, there were three main metrics that contributed to our status as a Pinnacle Team. GCI (gross commission income) is a value that reflects the volume of closings we have facilitated over the last year, which is different than the number of transactions. The Light Group was honored for our GCI in both rental and sale transactions as well as for the number of rental transactions we facilitated during 2023. We are doubly proud to have orchestrated the systems needed in order to facilitate so many types of transactions. Whether helping our clients to list properties, find a location for a purchase, finding a tenant for a rental investment or finding a rental property for a tenant, we are well-equipped to help with transactions of all sizes. Quality of service is something that we regard with the highest importance, we are diligent in assisting as many new and existing Miamians as possible. The Light Group Team Naturally, none of this could have been possible without the dedication of our carefully-formulated team. Each member of The Light Group Team at Douglas Elliman has been chosen for a purpose and embraces their position proudly. Clients of The Light Group do not experience agents who simply show up to open a door and sign a contract. Miami real estate is more than just showings and closings, rather it is curating the lifestyle our clients have in mind. We utilize our ever-evolving knowledge of the local markets, neighborhood characteristics and sweet spots of opportunity together with our finely-tuned systems and processes, negotiation prowess and communication skills to usher our clients in or out of their properties seamlessly. Looking Ahead While naysayers are always whispering in the wings, Miami’s luxury real estate market is showing no signs of slowing down. The limit on luxury continues to be pushed upward and sales have been so brisk that we are relying more and more upon our insider contacts to be the first brokers with offerings such as The Four Seasons Private Residences in Coconut Grove and The Residences at Mandarin Oriental on Brickell Key. On Miami Beach, new developments are experiencing similar demand with quiet sales offerings at The Ritz Carlton South Beach and The Shore Club Private Residences. Many people have the misconception that working in real estate is easier when the market flourishes in the way that Miami has over recent years. Nothing could be farther from the truth. When the real estate market is booming, it becomes even more competitive and strong relationships are necessary in order to compete for the needs of our valued clients. We are very eager to see how the luxury and ultra-luxury markets continue to evolve over the coming years. If you have considered making a move or an investment, we would be honored to work with you as well. Please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman in order to go over your Miami area real estate goals and needs. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
The Light Group Is Honored With Pinnacle Award At 2023 Ellies Posted on March 22, 2023March 25, 2023 by Sarah Elles Boggs What a year it has been! We are extremely honored to be recognized at Douglas Elliman for our performance over the last year, taking home an Ellie for the Pinnacle Award. This means that our services allowed more people to receive new sets of keys this year than nearly any other team in the company. Recipients of the Pinnacle Award have transacted in the top 3% of all Douglas Elliman agents nationwide. This includes markets such as New York, Miami/Palm Beach, Aspen, Los Angeles, Dallas and Houston. With over 6,500 agents under the Elliman umbrella, this is quite a feat and we are very proud to have helped so many with their real estate needs. How Was This Honor Earned? The three specific areas of business that were recognized were our rental transactions, GCI (gross commission income) and sales volume. Rentals are a very important part of Miami real estate since many people rent prior to deciding which neighborhood or building to settle into on a more long-term basis. The volume and commission awards recognize that The Light Group is well-equipped to help with transactions of all sizes, and our commitment to doing as much of that as possible without sacrificing quality of service. Quality of service is something very dear to our hearts and we are purposely fortunate to have so many happy clients. None of this honor could have been possible without the dedication and persistence of our team. Everyone in The Light Group embraces their position proudly and is eager to serve, including not just showing real estate and closing deals, but also making sure the paperwork is buttoned up, inspections and repairs are as seamless as possible for our clients, our marketing team that communicates to the world how much we love where we live and what we do, and of course the fearless negotiations. We really do have a dream team and are very excited to see what this new year will bring. With new and exciting changes coming to the marketplace in 2023 including new buildings rising all around us, we are also honored to have created neighbors in some of the most prime locations in South Florida. We have been fortunate enough to work in historical buildings, trophy homes, Coconut Grove luxury buildings such as Park Grove, waterfront new construction residences such as Elysee in Edgewater as well as buildings that are set to be delivered in years to come such as The Perigon Unit 1206. Moving Forward Together This new year has already brought many opportunities to continue bringing success to our clients’ goals. We are very eager to see what else is to come as Miami continues to evolve and welcome new neighbors. If you have considered making a move and are looking for a real estate team to assist in reaching your goals, we would be honored to work with you as well. Please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman in order to go over your Miami area real estate goals and desires. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.