Wednesday, December 4, 2013

Art Miami Fair Helps Luxury-Home Brokers Connect with Potential Buyers

    
Art Miami has lined up sponsors including Maserati and Christie’s International Real Estate, which signed on last year. Christie’s is also an Art Wynwood sponsor, and an affiliate broker was a sponsor of Art Southampton this summer.
Ron Shuffield, president of EWM Realty International/Christie’s, which has offices throughout South Florida, said the fair helps brokers of luxury homes connect with the right crowds.
“We know that some of our customers will meet us there because they come with the intention of buying,” he said. “We’ll have further discussion then, we’ll look at properties while they’re here. For people kind of casually strolling through, many of those are just building relationships.”
Christie’s clients also provide a boost to the fair, Shuffield said. He recalled a home buyer who attended an Art Miami cocktail reception.
“While he was at the fair, he bought a little sculpture; I can’t remember how much it was, but it was over a million dollars,” Shuffield said. “There is so much wealth coming to Miami now, it’s sometimes hard to grasp how quickly this is happening.”
And Korniloff believes that the market could have room for more venues to sell art.
“We feel that the South Florida market has some other opportunities; the question is timing,” Korniloff said. “This business is still in a growth mode.”

Read more here: http://www.miamiherald.com/2013/12/01/v-fullstory/3787889/under-nick-korniloff-art-miami.html#storylink=cpy

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