An Athlete Relocation Example

chris and andrea duhon

Athlete relocation can happen at any time in any sport, and a phone call we received at Sportsrelocation.com last week will serve as a great topic for today’s post.

The MLB trade deadline (July 31st) is rapidly approaching, and last week we received a call from a player who had just been traded to a city 1500 miles away.  This was his first-time traded.  He had come up through the farm system of his original team, and had spent seven years living in the same city.  Suddenly, his life had been turned upside down, and he needed us to help him with his relocation.

What should he do, he asked? Should he sell his luxury home, and buy a new one in his new professional city?  How could he get his automobile shipped to the new city so he would have transportation there?  And what about his possessions, his clothes, and other valuables?

Since the season was ongoing, he had no time for any of these activities.  He needed to be on a plane that night and playing in a new stadium the next day.

Such is the life of a professional athlete facing a celebrity relocation.

And such is our life at Sportsrelocation.com.  This is what we do.  We talked to the player, listened to his needs, discussed some possibilities, and now, one week later, he is living in luxury short-term housing in his new city, we have his former sports real estate on the market for sale, and his possessions and car have been shipped.

It really is that simple!

Give us a call the next time you face athlete relocation.  We’ll take the worry out of relocation.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

Luxury Leasing as Short Term Solution

 

lendl

The recent trade of Kendrys Morales from the Minnesota Twins to the Seattle Mariners provides us an opportunity to discuss leasing as a short-term solution to a possible problem in the luxury real estate market.

To refresh your memory on this Morales situation, the ballplayer did not sign a contract with a team by the beginning of the season despite a very good performance the previous year.  Finally, the Minnesota Twins signed Morales in June, and for the past two months he has played with them, only to be traded this past week to Seattle.  This is a very common situation, by the way, and it brings up a very common question that we are asked at Sportsrelocation.com quite often.

The question is this:  should a player hold on to his current home even though he has been traded, or should he sell it as quickly as possible, even though that might mean selling at a loss?

There is, however, a third option, and it is one more athletes are considering for their pro athlete homes.  We are speaking about leasing your athlete real estate while you spend some time deciding what you want to do with it.

Luxury real estate is in big demand for short-term leases, especially if the pro athlete home is in a popular destination like Los Angeles, Miami, New York or Las Vegas.  Many celebrities and athletes are looking for luxury accommodations for weeks or months, and quite often the price is not an object.  We have had several clients who have found short-term leases to be a comfortable solution to their relocation problems.  They will lease their property during the season after they have been traded to another city, and then they will decide after the season what to do with their former home, and we are there with them every step of the way, finding someone to lease the property, and selling it when the time is right.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

Real Estate Hotspot in Los Angeles

manhattan beach

Are you thinking of relocating to the Los Angeles area?  Perhaps you are a professional athlete and you were recently traded to L.A., or you are an entertainer moving to the L.A. area to be closer to the action, and you are looking for some luxury real estate in an affluent neighborhood.

We at Sportsrelocation.com are asked constantly about the best areas to live in here in Los Angeles, and one area is always on our list of recommended spots.  Not surprisingly, NBA forward Lou Amundson recently purchased a 2,600 square foot home in this same neighborhood.

We are talking about the community of Manhattan Beach located in southwestern Los Angeles County.  Bordered by the Pacific Ocean to the west, Manhattan Beach is one of three beach cities in the South Bay area, and is ranked one of the best suburbs in Los Angeles County for its high earning and well-educated residents.  The school district in Manhattan Beach is ranked the third best in California and the sixth best in the United States.

Many high profile individuals in the sports and entertainment industry call Manhattan Beach home, including Lakers guard Steve Nash and WNBA guard Diana Taurasi.

If you are currently facing an athlete relocation, and you are in search for a quality, luxury pro athlete home, then Manhattan Beach should be on your must-see list in the Los Angeles area.

One of the things we do at Sportsrelocation.com is match our pro athlete clients with an ideal home and area.  We listen to their needs and desires and then find luxury real estate that meets their criteria.  Manhattan Beach continually meets those criteria.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

Real Estate Sales Rise

bosh

Two related real estate stories appeared in the papers yesterday, and they speak of good news for those looking to relocate in the near future.

Chris Bosh, the nine-time All-Star with the Miami Heat, recently listed his Pacific Palisades home for sale at $14.5 million.  Bosh purchased the home in 2012 for $9.4 million, and prior to listing it for sale he offered the home as a rental at $45,000 per month.

The other piece of news was that real estate sales and prices rose in June to their highest mark since last October, further evidence that the real estate market is continuing to improve.

In other words, this is a great time for buyers and sellers of luxury real estate.

At Sportsrelocation.com, we are constantly in contact with professional athletes and entertainers, and they are always asking if the market will recover, and when is the right time to buy or sell.  These are complicated questions because so many factors control the real estate market, and when we are talking about celebrity real estate, we are talking about millions of dollars made or lost in a transaction.

Let us just say that there has not been a better time in the last five years to buy or sell a pro athlete home.  In the last month alone there has been, on average, one luxury property per day offered on the market.  The buy and sell activity has been almost frantic in its pace, and with this latest real estate news, there is no reason to think it will end anytime soon.

If you are facing athlete relocation in the next few months, now is the time to sit down with a real state and relocation expert and plan your move.  Sportsrelocation.com can handle it all for you, from the sale of your previous celebrity real estate to the purchase of your new home, and we do it quickly and efficiently because we have been in the pro athlete relocation business for over ten years.  We know the market….we know the athletes….and we work tirelessly for our customers.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

Luxury Real Estate for Lease

tomlinson

A scenario that happens quite often goes like this:  we get a call at SportsRelocation.com from a professional athlete who has just been traded.  They are not ready to purchase luxury real estate, but they need to relocate immediately, and they are wondering about a luxury lease.

Or we get calls from celebrities looking to lease luxury real estate for some sporting event, like the upcoming Masters.  They want a quality place to stay during that week and don’t want to live in a hotel for that long.

Finding a professional athlete home for long-term or short-term is one of our many responsibilities as sports relocation experts.  We are licensed in some of the biggest real estate markets in this country, and we are affiliated in all fifty states.  That means we have an extensive networking system that allows us to have our finger on the pulse of the luxury real estate market.  We know immediately when a pro athlete home is for sale or lease, and that means immediate satisfaction for our customers.

Our customers tells us what they need and when they need it, and then we spring into action.  We can find vacation homes in the most desirable locations in the United States.  We can find the best celebrity real estate for long-term relocation.  At Sportsrelocation.com, we offer dedicated, full-service relocation services, meeting the unique real estate needs of professional athletes and entertainers.

Give us a call the next time long-term or short-term relocation becomes a reality for you.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

How to Find Celebrity Real Estate Buyers

luxury real estate

Scanning the real estate news this morning, we came across an article about retired NHL right wing Owen Nolan.  He and his wife recently listed their San Jose home for sale at $4.9 million.

This lovely Mediterranean-style home sits on more than three acres, has 9,500 square feet of living space, a home theater, rec room, chef’s kitchen, grand living room, five bedrooms, seven full bathrooms, and many more amenities.

At Sportsrelocation.com, we deal daily with luxury homes just like this one, pro athlete homes that are in a price range that makes them very exclusive, but that exclusivity means there is a very small market of potential buyers.  The very fact that the home is a luxury home means that the pool of potential buyers is small. So, how does a real estate broker find a buyer for exclusive properties?

It is a valid question for celebrities and professional athletes.  When pro athlete relocation is a reality, one does not want their property to sit on the market indefinitely.  It is obviously advantageous to move that property as quickly as possible so the relocation can be completed, and that is where a real estate broker who is familiar with the celebrity real estate market is worth his weight in proverbial gold.

With more than ten years in the luxury real estate business, Sportsrelocation.com has built up a contact list second to none.  We are constantly in touch with professional athletes and entertainers. We are constantly studying the real estate markets not only in the Southern California area, but also New York, Florida, Las Vegas, Georgia, wherever luxury real estate is available.  It is our job to find the perfect property for every client, and we take that job seriously.  Through our extensive network, matching clients with properties is made much easier.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

Determining Sports Real Estate Home Value

luxury

While scanning the celebrity real estate news the other day, we noticed an article about Floyd Mayweather Jr. listing his Miami-area condominium for sale at $2.599 million.

Mayweather, arguably boxing’s biggest headliner, purchased the St. Tropez Condominiums high-rise in 2010 for $1.5 million, according to public records, meaning that he is looking for a profit of one million dollars after owning the residence for four years.

At Sportsrelocation.com, we are often asked, by our celebrity clients, to determine the value of their homes in order to position them on the market for maximum value and yet quick sale.  This is not an easy task, but one that is crucial if our clients are going to be satisfied with our services.

How, then, do real estate brokers determine the home value of a luxury home?

Several factors enter into the listing price of a home.  Obviously the square footage and number of bedrooms and baths plays a large part.  Typically, the larger the home, the higher the value…but….other features help in determining the home value as well.  Does the home have a view? Is it on a beach?  Does it have privacy and is it situated on acreage?

Also important when speaking about pro athlete homes is the number of comparative listings on the market.  Generally speaking, the fewer the comparative listings, the more valuable your home will be.  This is a simple matter of supply and demand.  The smaller the supply of a valuable, sought-after item, the higher its value will be.

A good agent will have an understanding of the current market in an area, and that familiarity and understanding will allow them to make the best determination of a value when listing your home.  That is why the selection of an agent is probably the most crucial decision you will make if you are selling your luxury real estate.  At Sportsrelocation.com, we will sit down with you and listen to your needs and concerns.  Since we are licensed in some of the largest markets in the country, we know the market and can help you make a decision that will maximize your profit from the sale.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

NBA Transactions Necessitate Vehicle Transport

vehicle transport

Easily the most noted NBA transaction was the move of LeBron James back to Cleveland, but there have been other trades and free agent signings almost daily since the end of the NBA playoffs.

Just yesterday, Paul Pierce signed with the Washington Wizards, and the day before that Anthony Morrow singed with the Oklahoma City Thunder and James Johnson signed with the Toronto Raptors.  So the NBA landscape is changing rapidly, and that means the business of professional athlete relocation is in constant flux.

Athlete relocation means a complete upheaval in the life of an athlete.  Moving to a new city, getting situated in a new home, moving possessions, taking care of financial matters in the previous city, finding a new luxury home, these are daunting tasks that can, at times, seem overwhelming.  Just recently we at Sportsrelocation.com were asked about car transport, and specifically how that transaction takes place.

In a nutshell, when an athlete relocation takes place, whether through free agency or trade, the professional athlete will contact our office and arrange for a vehicle transport.  We will discuss a calendar date when the shipment will occur, and then we will contact our transport agents and find the best deal possible.  After that we will determine where the vehicle is going to be for pickup, and where it should be delivered in the new city.  We also need to determine whether it will be a closed transport or an open transport.

The longer the advanced notice of the transport is, the better the deal that can be arranged, but rest assured that we can most definitely meet your needs no matter where you are moving to and when you are moving.

Leaving you, the professional athlete, to concentrate on your career, which is as it should be.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

Athlete Relocation as MLB Trade Deadline Approaches

mlb

Athlete relocation is a reality for professional athletes from the moment they sign their first professional contract.  The contract is signed on the dotted line, and then ballplayers are shipped off to one of several minor league cities to improve their skills.  From there, if the baseball gods are smiling on them, they finally make it to the big leagues, but that doesn’t mean their relocation concerns are over, for there is always the possibility they will be traded, or they will move of their own accord due to free agency.

July 31st is the deadline for trades in Major League Baseball.  The first blockbuster trade of the year happened a couple weeks ago when Oakland traded away their first-round picks for 2012 and 2013, and a player to be named later, for Chicago Cubs starters Jeff Samardzija and Jason Hammel.  With two weeks to go before the deadline, you can expect to see quite a few more trades happening.

And those trades will mean relocation, the transporting of possession and vehicles to a new city; the selling of pro athlete homes, and the purchasing of new homes in new cities.

During our ten years in the professional athlete relocation business, we are often asked how can relocation be simplified?  How can this major upheaval in an athlete’s life be made relatively pain-free?

The answer, of course, is to turn it all over to a professional in the relocation business.  We know that you have a sport to play.  That is your business and your livelihood, and you don’t have the time to shop for a new home, sell your luxury home, move your cars and take care of the hundreds of other small details associated with a major relocation.  So relocation companies like Sportsrelocation.com do it all for you.

We are a full-service relocation company.  We will sell your real estate, find you suitable real estate in your new city, or temporary luxury housing, and we will make sure that your possessions and vehicles are transported with no hassles.  All you have to do is pack your bags, head to your new city, and play ball.

Yes, you might be traded in the next couple weeks, and yes, that is unsettling in a way, but we at Sportsrelocation.com can make it a smooth transition for you.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

How to Sell a Luxury Home Quickly for Maximum Value

terry murray home

We at Sportsrelocation.com are constantly being asked, by customers, how they can sell their luxury home quickly and still get maximum value?  It is an important question, because the difference between maximum value for celebrity real estate, and less-than-maximum value, can mean the difference of millions of dollars.

Let’s look at an example.  Former Los Angeles Kings head coach Terry Murray recently listed his home in Manhattan Beach for $2.5 million.  This three-story town house, built in 2005, has ocean views from its corner location, and includes open interiors featuring walnut flooring, copper fixtures and mosaic stone.  A gourmet kitchen is included, as well as a dining room with stone fireplace, many balconies, three bedrooms, three full baths, and almost 2,000 square feet of living space.

Looking at this sports real estate, we see a well-maintained home with great living space and room for entertainment.  However, the most important aspect of this property is location. The beach city of Manhattan Beach is a popular location for professional sports figures, in particular with the Lakers and Kings players and coaches.  The fact that Steve Nash, Dustin Brown, and Kurt Rambis all call Manhattan Beach home is a huge selling point.

In addition, at Sportsrelocation.com, we have been dealing in pro athlete homes for over ten years. We are headquartered in Southern California, and we have built a clientele list that is quite beneficial with regards to selling a celebrity athlete home.  With our contacts, and our knowledge of the area, moving this lovely property quickly and for maximum value would not be difficult.

When it comes time for you to relocate, consider the pros at Sportsrelocation.com.  Dealing with professionals who know the market, and are an integral part of the sports community, will be a huge step toward selling that home quickly for what it is worth.

Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.

 

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