DAN'S PAPERS, July 18, 2008 Page 87 www.danshamptons.com
Design & Décor
So You Want to Live on the Water ... to 95% of people use a broker in order to gain exposure to the right audience, which includes marketing on all features and price analysis. Also, list exclusively – it works!” Berger explains that when she and her clients work together, there is a strong sense of loyalty derived from the employment contract. She will put forth her time and energy to give the best exposure through extensive marketing along with supplying the client with the best possible selling price through the Comparative Market Analysis (CMA). Additionally, clients must be honest about the actual construction of their home, as correct permits will impact the sale as well. In regard to value and presentation, Berger describes three types of waterfront properties. “’Foot in the water’ is an oceanfront, ‘boat in the water’ is when you live on a bay, and ‘looking at the water’ means that a finger of a creek is in view, yet is aesthetically pleasing. Everyone has a different lifestyle that they connect with,” she said. Simply stated, an oceanfront property reigns supreme in terms of value, but can be argued in terms of personal preference. Although the housing market has drastically changed and decreased, waterfront property investments continue to grow. A reason for this is the law of supply and demand. Berger explains that the Hamptons is a second home market and when people want in, they want the signature waterfront property in East
Beth Troy
By Marisa DeMarco Living in a time of political uncertainty and financial instability has left many homeowners facing possible foreclosures. With the bust in the real estate market, it’s a risky time to both sell and buy a home. On a lighter, yet truthful note, one of the rarest and most special types of property that holds and increases its value unequivocally is waterfront. Let’s even take this claim to another level. When selling and/or owning a Hamptons’ waterfront property, you’ve truly hit gold and found a little piece of heaven on earth. Following is a basic guide that gives the seller and buyer insight into the investment, joy, and practicality of waterfront property. An informed seller and buyer is an educated one, so read along as either you gaze out at the bay from your backyard or at second best, just daydream about it. Hamptons Fine Homes LLC regards both their sellers and properties as individuals, through a customized, high-priority approach. What is unique about Hamptons Fine Homes is the fact that they only represent one property at a time to ensure full attention to meet their client’s needs – professionally and personally – through comprehensive consultation and evaluations. Dana Berger of Hamptons Fine Homes describes the keys to success when selling a home: strong broker relationship, marketing, and value. “Use the system,” she said. “Ninety
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