Eat, Drink, & Be Giving

Ivester Jackson / Christie’s International Real Estate is excited to be a sponsor again this year at The Peninsula Community Foundation’s annual fundraising event, “Eat, Drink, and Be Giving” which will be held this weekend at The Peninsula Club at Lake Norman.

It will be a fun night filled with bourbon samplings and wine pairings, along with dancing, silent and live auctions, plus a Golden Ticket drawing.

Photo Courtesy: The Peninsula Community Foundation

Founded in 2001, The PCF slogan is “Neighbors Helping Neighbors,” it’s an all-volunteer organization serving North Mecklenburg County. “PCF brings people, capital, and ideas together to help local Lake Norman charities and the communities they serve.”This annual fundraising gala will help raise money to support local organizations, improving the lives of those in need in our community.

pcf logo

Projects include; contributing money to help build Habitat homes, funding for The Ada Jenkins Center, improving the Hope House in Huntersville, and providing need-based college scholarships to students from North Mecklenburg public high schools.

This just touches on the work of PCF, to learn more visit the PCF website.

Event Details:

November 18th, 2017 • 6:00 pm
The Peninsula Club
19101 Peninsula Club

Our agents are very involved in supporting our communities, you can find out more here.

 

Significant Sales for Fall

 

2121 Queens Road E, Charlotte NC

$1,660,000

Tommy Ingram – Represented Buyer

Photo Courtesy: Pridemore Properties

178 Attleboro Place, Mooresville NC

$1,710,000

Doris Nash – Represented Buyer

Photo Courtesy: Chris Johnson Realty

105 Conway Court, Mooresville NC

$2,675,000

Doris Nash & Jessica Simpson – Listing Agents

 

239 Kimberly Road, Davidson NC

$1,475,000

Emily Duke – Listing Agent

Colleen Ludington – Represented Buyer

17022 Island View Drive, Cornelius NC

$1,260,000

Reed Jackson – Listing Agent

 

7349 Webbs Chapel Cove Court, Denver NC

$1,085,000

Susan Dolan – Listing Agent

19446 Peninsula Shores Drive, Cornelius NC

$3,225,000

Lori Ivester Jackson – Represented both buyer & seller

20035 Chapel Point Lane, Cornelius NC

$995,000

Lori Ivester Jackson – Listing Agent


21201 Senlac Lane, Cornelius NC

$1,060,000

Lori Ivester Jackson – Represented both buyer & seller


8385 Norman Estates Drive, Denver NC

$2,350,000

Lori Ivester Jackson – Represented both buyer & seller

8385 Norman Estates Drive - Lori Ivester Jackson
8385 Norman Estates Drive

 


108 Whaling Lane, Mooresville NC

$2,230,000

Doris Nash and Jessica Simpson – Listing Agents

108 Whaling Lane - Doris Nash Jessica Simpson
108 Whaling Lane

153 Rehoboth Lane, Mooresville NC

$3,500,000

Doris Nash and Jessica Simpson – Listing Agents

153 Rehoboth Lane Ivester Jackson Christie's Real Estate
153 Rehoboth Lane

148 Rehoboth Lane, Mooresville

$2,162,500

Doris Nash & Jessica Simpson – Listing Agents

148 Rehoboth Lane Ivester Jackson Christies Real Estate
148 Rehoboth Lane

3394 Governors Island Drive, Denver NC

$1,405,000

Susan Dolan – Listing Agent

3394 Governors Island Drive
3394 Governors Island Drive

121 Easton Drive, Mooresville NC

$2,100,000

Doris Nash – Listing Agent

Jessica Simpson – Buyers Agent

121 Easton Drive Ivester Jackson Christies Real Estate
121 Easton Drive

170 Broad Sound Place, Mooresville

$5,660,000

Doris Nash & Jessica Simpson – Listing Agents

Doris Nash – Buyers Agent

170 Broad Sound Place Ivester Jackson
170 Broad Sound Place

Charlotte’s Crown Jewel – A Modern Day Downton Abbey

The filming of a movie spin-off of Downton Abbey is set to begin next year and in our opinion, we believe this Charlotte estate would be a perfect location! Perched amidst nearly 5 acres the home’s architecture and lush gardens were inspired by famed British architect Edwin L. Lutyens.

It seems like a lovely location for a historical period drama set in the 1920’s.

 

Unparalleled privacy abounds at this European influenced gated manor.

A magnificent two-story walnut paneled library would be the perfect backdrop and gathering space for British aristocracy. While the lower level could be transformed with movie magic into the servants living quarters during the post-Edwardian era.

The Crawley’s are all about entertaining and the property is perfect for guests, in fact, we hosted a spectacular event “An Evening with Noah May, Christie’s Wine Specialist” this past summer.

Take a Tour of 2019 Craigmore:

Contact Tracy Davis @ Tracy@ivesterjackson.com to learn more about 2019 Craigmore Drive.

 

 

 

 

The Pros and Cons of Selling Luxury Property at Auction

Longer Sales Cycles for Distinctive Properties

Distinctive properties can generally involve longer sales cycles than mid-market and everyday level homes. This is particularly true for properties in unique or isolated settings, or for those with very distinctive and personalized features. The simple fact is that the subset of the population that can afford to purchase multi-million dollar and up trophy properties is a very small segment of the population. Move up the food chain to some of today’s international trophy properties which can sell for hundreds of millions of dollars, and there may be less than 200 people on the planet who can make that type of investment.

Is An Auction the Right Solution?

Here in North Carolina, where our ultra-luxury segment probably begins north of $2 million, the question occasionally arises as to whether or not an auction is a right solution to move a property, so let’s evaluate the pros and cons, as well as some recent results.

Two Main Types of Auctions

There are a couple main types of auctions, those with a “reserve price” (a minimum the owner will take the property or they won’t sell), or those sold “without reserve” (the owner has waived the minimum and agrees to take whatever that auction’s appetite for the property will produce at offering price).

Pros:

  • Finality
  • Condensed Period of Making Home Available For Showings
  • Generally Pre-Qualified Buyers
  • Marketing Blitz To Qualified Buyers and Prior Mailing List

The general appeal of selling at auction includes the finality of hopefully being done as a seller (if sold without reserve, the home price garnered at auction generally means the selling of the home is moving toward a closing, pending a likely inspection by the buyer). An auction is a condensed period in which the home is marketed, may be open for a couple of weekends prior to, but otherwise reduces the hassle of having a home for sale and prepping it for showings over an extended period of time. Auctioneers generally verify the wherewithal to buy of all participants.

Cons:

  • If Sold With a Reserve Minimum, A Property May Not Meet The Minimum
  • Sellers Typically Participate in Thousands of Dollars in Marketing Fees
  • Sales Prices Can Be 30% Or More Below Recently Listed MLS Pricing or Comparables
  • Perceived Potential Stigma Or Fire Sale Mentality From Some Buyers
 
While a no-reserve auction can certainly be appealing given the likelihood of being able to move on fairly quickly (many auction sales still require 30-45 days of inspections, etc. to get to closing), there are some risks and downsides to consider. First, if the house is sold with a reserve that the auction audience fails to meet, its’ back to square one for the seller, often after coming out-of-pocket significantly to fund the marketing for the auction. Additionally, some buyers arrive with the mentality that auction properties are being “fire sold” or in some way have been stigmatized, which could result in the property being sold at a discount to what it ultimately might sell for with a conventional realtor’s approach. Finally, in looking at a couple recent North Carolina results, sellers need to be realistic about how a property will perform relative to its most recently listed MLS for sale price.
Two recent sales of properties listed at the $3 million dollar level, brought no reserve auction prices of $1.68 million and $1.994 million, somewhere between 30 and 40% off their most recent MLS listing prices,and it is fairly common to see auction sold price points at 25% or more below a property’s recent MLS list price. Given this discount, some sellers may want to consider adjusting their price by 5-10% prior to see if they can attract an offer above that 25-30% or higher discount that recent auctions have come in with.
Auctions Can Be a Great Option
For a seller with the simple desire to move on quickly and no sensitivity to steeply discounted offers, auctions can be a great option. For those more sensitive to net proceeds, more conventional price reduction strategies for a currently listed property, may yield a premium over the longer term to auction results. It really comes down to the goals each seller has during the property sales process.

In the News – Ivester Jackson is Grabbing Headlines

By: Lee Steinour – Digital Marketing Manager

Headline after Headline…

“If You’ve Always Dreamed About Living Like a Disney Princess, We Just Found the House for You!”

“Thank you, Lord Baby Jesus for this Lake Norman mansion.”

“Top 20 Homes on Instagram You Have to See This Week.”

Ivester Jackson Christie’s International Real Estate is garnering local, national and international attention.

The most recent news includes an online article that went viral featuring a current listing seen in the popular NASCAR film Talladega Nights, a “Beauty and the Beast” style library, recognition for our excellence in marketing, Top 20 Homes on Instagram,  several properties spotlighted in the Christie’s Int’l Real Estate Luxury Defined blog and more.

Two IJ listings are included in the list of “Instagram Top 25 Homes You Have to See This Week.”  

An enchanting Charlotte French inspired home is featured in Christie’s most recent Luxury Defined blog highlighting Architectural Style: French Provencal.

Christie’s choose a lovely Lake Norman home to include in its article about desirable homes with lakeside access or views – sunset included.“Private Banks – 6 Fabulous Lakeside Homes.”

17240 Connor Quay Court

A luxury Lake Norman waterfront mansion is the focus of a Charlotte Agenda blog about NASCAR film Talladega Nights – the story was picked up by news outlets around the world, various local television stations across the U.S. and popular racing websites.

173 Macon Avenue

Just this year we opened a new office in up and coming Asheville, North Carolina, an elegant Tudor-style residence becomes the focus of another Christie’s blog called “Luxury Living: Homes that have hosted the great and good.”

1454 Queens Road

A two-floor mahogany library with a balcony, rolling ladders and fireplace captured the imagination of both Southern Living and Charlotte Agenda.

If you’ve always dreamed of extra elbow room in your shower, check out this Charlotte Agenda article showcasing super large showers.

Charlotte Business Journal wrote about Mecklenburg county’s priciest home sales and included several Ivester Jackson properties.

To stay up to date on all the news about Ivester Jackson Christie’s International Real Estate make sure to follow us on Facebook, Twitter, Instagram, LinkedIn, Google+ and Pinterest.

 

 

 

Agents in the Community – Charlotteans 4 Cancer Cure (C4CC)

By: Lee Steinour – Digital Marketing Manager

6 years ago a group of women in the 18-Hole Ladies Golf Association at Carmel Country Club came up with a wonderful way to raise thousands of dollars to help bring cutting-edge cancer treatments to Charlotte and the Carolinas.

Many of the women in this tight-knit group and their families have been touched by cancer and so far through their hard work and dedication, they’ve raised more than $150,000 for the Levine Cancer Institute.

Ivester Jackson real estate agent Leslie Fisher is involved with C4CC and says funds are far-reaching “They work on clinical trials and research for a variety of cancers, not just one specific one, so the nice thing is our money impacts so many people!”

Two C4CC recognition plaques have been placed in Levine Cancer Institute public spaces including The Phase 1 Clinical Trials Family Waiting Room which was dedicated in August 2014 and another plaque was added to the LCI Pharmacy in 2016.

Want to get involved? You can still attend the 6th Annual C4CC Dinner Reception/Silent Auction on Thursday, October 5th at 5:30 PM at Carmel Country Club – contact Margie Eades (C4CCcancer@aol.com or 704-236-0920) for details before the Friday, September 29th deadline.

You can also make a financial donation to Levine Cancer Institute’s Phase 1 Clinical Trials at http://www.givecarolinas.org/C4CC 

The 6th Annual Charlotteans 4 Cancer Cure Golf Tournament will be held this year on October 5th, at Carmel Country Club.

Learn more about Leslie Fisher and view her most recent listings.

Ivester Jackson Christie’s | August Significant Sales

By: Lee Steinour – Digital Marketing Manager

Ivester Jackson Christie’s International Real Estate Significant Sales for August 2017.

19446 Peninsula Shores Drive, Cornelius

$3,225,000

Agent: Lori Ivester Jackson


7349 Webbs Chapel Cove Court, Denver 
$1,085,000
Agent: Susan Dolan

 

 

 


419 Gladelynn Way, Waxhaw
$1,450,000
Agents: Lisa McCrossan & Cindy Castano Swannack

 

 


239 Kimberly Road, Davidson
$1,475,000   

Listing Agent: Emily Duke
Selling Agent: Colleen Ludington

 


105 Conway Court, Mooresville
$2,675,000
Agents: Doris Nash and Jessica Simpson 

Agents in the Community – Back to School

By: Lee Steinour – Digital Marketing Manager

Supporting Local Schools

As students head back to school they’ll be surrounded by teachers, staff, and parents all there to help them navigate the new year along with new challenges.

Boosterthon Fundraiser at JV Washam Elementary

Ivester Jackson Christie’s agent Melissa Turney is one of those parents positively influencing students at both JV Washam Elementary School and Bailey Road Middle School in Cornelius, North Carolina.

Making a Difference

Melissa Turney – Broker Ivester Jackson Christie’s

Melissa says “I strongly believe that providing children with a great educational experience is one of the most important opportunities in our community and our society.  Through volunteering at two of our local schools, I have seen the difference we can make in the teachers and students lives with just a little bit of time and effort.”

For seven years Melissa has been dedicating her time in many different roles at J.V. Washam; including as Room Parent, Committee Chair for 5th Grade Promotion, Family Nights Out Chair, & Teacher Appreciation Chair.  She’s also served on the board as VP of Volunteers, President, and Past President.

She says “This will be my last year at JV Washam and I will really miss the staff and the school.”

Technology, Playgrounds, and Celebrations

During her time volunteering at JV Washam Melissa has helped raise more than $40,000 each year through fundraising efforts. She’s also worked with the board to purchase school technology, makeover the Media Center and build a playground.

International Night at Bailey Road Middle School

At Bailey Road Middle Melissa served as VP of School Support on the PTSA board last year where she helped to support the teachers and students through Teacher Appreciation events, Honor Roll Celebrations, End of Year Parties, & ACE Awards…. she’ll continue serving in the same role this year.

When she’s not volunteering, Melissa is busy helping home buyers find their dream home and she’s dedicated to helping sellers achieve their real estate goals. She is passionate about providing impeccable service to her clients and assisting them during the entire process from contract to closing and beyond.

You can learn more about Melissa Turney and view some of IvesterJackson’s most recent listings.

Ivester Jackson | Christie’s July Significant Sales

It’s still a hot market for Ivester Jackson Christie’s International Real Estate in the Charlotte / Lake Norman area.

Take a look at some of our significant sales for July.


 

122 Pointe Harbour Lane, Mooresville

$1,575,000

Agent:

Annie Livingston

 


 

17821 Largo Place, Cornelius

$1,065,000

Agent:

Lori Ivester Jackson

 


 

3933 Channel Point Lane, Denver

$1,270,000

Agent:Michelle Campos

Michelle Campos

 


 

225 Falmouth Road, Mooresville

$2,000,000

Agents:

Doris Nash and Jessica Simpson

 


 

22519 John Gamble Road, Cornelius

$1,285,000

Agent: Lori Ivester Jackson

Lori Ivester Jackson

 


 

154 Union Chapel Drive, Mooresville

$2,637,500

Listing agents: Doris Nash and Jessica Simpson

Selling Agent: Annie Livingston


18930 Balmore Pines Lane, Cornelius

$2,550,000

Agents:

Lori Ivester Jackson

Reed Jackson

 

International Exposure for Charlotte Real Estate Firm

Ivester Jackson Christie’s International Real Estate with offices in Cornelius, Charlotte, and Asheville North Carolina is gaining international exposure.

Wine Event with Noah May, Reed Jackson, Tracy Davis, Rick Moeser

Prominent Wine Tasting Event

The local real estate firm recently hosted a wine event at two prominent Southpark Estates and is featured in the most recent Christie’s “News for the Network” email newsletter which is sent to more than 1,300  affiliate offices around the world.

The event featured Christie’s Executive Director Rick Moeser who presented on the state of the global luxury real estate market and Christie’s Wine Specialist Noah May who spoke about the Old World and New World chardonnays and pinot noirs.

Villa in Montone, Italy

Featured in Italian Restaurant

On a recent trip to Umbria, Italy Ivester Jackson agent Colleen Ludington was delighted to see the Christie’s Int’l Real Estate magazines in a fabulous hilltop restaurant, Erba Luna, located in Montone, Italy. The magazine features several North Carolina listings. Colleen says, ‘It made me proud to see the truly global reach of our brand!”

Christie’s brochures in Italian Restaurant

The brochures were provided by the Christie’s affiliate Romolini International Real Estate Agency.

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