Luxury X Sports & Entertainment
Ben Moss | May 4, 2023
Ben Moss | May 4, 2023
“You know it when you experience it.”
Compass' Sports & Entertainment (S&E) Division was created to serve the distinct needs of high-profile athlete and celebrity buyers and sellers. To successfully do so, S&E agents must have a comprehensive understanding of their clients’ travel patterns and finances, know how to interact with their handlers and business managers, and have the ability to conduct business discreetly.
According to Ben Moss, the founder of the Sports & Entertainment Division at Compass, selling or buying a property for an S&E client requires even more attention to detail than a traditional luxury listing. The ramp-up period to understand the client's needs and to learn how to manage their expectations is significant. For example, advising the client to make extreme modifications to appeal to the ideal buyer is often necessary. "As skilled experts, we know how to maximize price for the client, which can mean getting them to understand that the money they spent customizing their property must, in some ways, be reversed to suit the general market," Moss explains. "In other cases, strict pre-qualification of buyers, signing NDA's, and other important criteria must be met that is more intense than representing a traditional luxury client.”
When reflecting on luxury as a whole, Ben Moss feels that luxury is more of a state of mind than a price point. "Luxury can mean $2M in Green Bay or $20M in Miami. You know it when you experience it," says Moss. For S&E clients, the experience is especially important as their home often serves as a place of solace and privacy. As such, it is critical to have in-home amenities and ample square footage to suit their lifestyle, whether that be the perfect space to locate a recording studio for a musician, or the necessary dimensions for a home gym and recovery suite for an athlete.
To experience these special amenities and Ben’s unique perspective on luxury, we invite you to journey through our Collection of luxury properties represented by S&E agents at Compass that meet the expectations of today’s athlete and celebrity buyers.
Article Source | Luxury at Compass
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