The Agency’s Founder & CEO Mauricio Umansky Talks Luxury Real Estate Moving Into 2021

The Agency’s founder & CEO Mauricio Umansky talks luxury real estate moving into 2021. Umansky founded the luxury brokerage firm in 2011 as an “industry disruptor” with one small Beverly Hills office.  Fast forward to today—The Agency has global brand status with over 700 agents in 36 corporate-owned and franchise locations throughout the United States, Canada, Mexico, and the Caribbean.  

The Agency’s latest Annual Report: The Red Paper 2020 took a deep dive into 16 U.S. and 6 international markets with Agency locations.  

Here are a few highlights from The Agency’s Red Paper:

Pent-Up Demand and Limited Inventory: Markets that saw a slow to steady pace of absorption pre-COVID, experienced extreme demands for inventory. For instance, in Park City and Aspen, properties such as lots and pre-construction homes, which typically spent months on the market before the right buyer came along, sold for handsome sums to buyers looking to custom build or live a little way outside of town.

Lifestyle-Driven Real Estate Transactions: A wave of lifestyle-driven real estate purchases began across the country in the spring. Scores of newly minted remote employees fundamentally moved markets—an impact that

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