Twenty-eight Austin-area real estate agents have been selected for membership in Luxury League for 2020, including Todd Grossman and Michelle Jones of the Grossman & Jones Group at Luxe Home's Austin.
Each year, Luxury League invites Austin residential real estate agents who specialize in luxury transactions over $1 million with a minimum of $10 million in volume to apply for membership in the organization. The applications are then evaluated by an advisory board comprised of leading brokers and managers in the Austin market. Over 70 agents applied for membership in 2020.
Cumulatively, the 2020 members closed $1.1 billion in residential transactions in 2019, with 405 of these properties closed at over $1 million. On average, each Luxury League member had $38 million in total closed sales and sold 14 properties over $1 million.
These real estate agents represent an extremely small segment of the real estate market due to their knowledge and experience with luxury transactions over $1 million. For the buyer who is in the market for a luxury property, this expertise is key.
Posted by Grossman & Jones Group on