Page 24 - Legacy International Executive Summary

legacy international case studies
RESORT MASTER PLANNED COMMUNITY
SCOPE
Private Club Master Planned Community
SIZE
1775 units
PROJECT DESCRIPTION
This included the start-up and management of the rst Club owned Real Estate Brokerage since the developer sold the Club to the Members in 1993. Prior to the creation of the new Club owned brokerage company the community real estate was being represented by ve privately owned brokerage companies. During that time 84% of all real estate transactions were occurring between existing members, and completed inventory was over 30% of total product. This was not sustainable with an aging population of members. Within two years of operating the Club’s real estate brokerage, and implementing a strategic marketing, sales and technology platform, the Club achieved over $260 million in annual sales, and available inventory decreased to 9% of total product.
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RESORT
• LUXURY RESIDENTIAL •
ACTIVE ADULT •
METROPOLITAN