In this episode, I talk to Rick Shand and Tracey Jaret of Berkshire Hathaway Home Services Utah Properties about the luxury real estate market in Park City, Utah.
They share the story behind the creation of Park City Mountain Resort, the largest ski resort in the United States, which has led to rapid growth in Park City, a former mining town.
From a strategy perspective, Rick and Tracey share some recommendations and first steps for buyers looking at ski resort properties. From arming clients with as much knowledge as possible to setting up proper expectations, we discuss advice on getting the best terms for buyers.
In the end, we talk about some of the unique aspects of selling property in a burgeoning market like Park City.
***ABOUT THIS WEEK’S GUESTS***
A 26+ year resident of Park City, Rick has witnessed the area’s growth and prosperity, lending him considerable insight into the area’s current and future development.
With a degree in Mechanical Engineering from Bucknell University and more than 30 years of business and small company operations experience, Rick is astute in financial details and offers thorough client assistance.
A past President of the Park City Board of Realtors and current board member, Rick is also a member of Park City’s Citizen’s Open Space Advisory Committee (COSAC).
His market expertise centers around ski and golf properties and resort development sales.
A native of Newport, Rhode Island, Tracey moved to Park City looking for a lifestyle change.
The recipient of numerous professional awards, including three nominations for the company’s “President’s Circle,” Tracey is proud to exceed clients’ expectations.
She specializes in both resale properties as well as new construction developments and once was part of the sales team at Silver Strike at Deer Valley’s Village at Empire Pass, Chateaux DuVal, and Waldorf Astoria Park City.
Tracey and partner, Rick Shand, currently represent ski and golf properties at Apex Residences, Viridian, and Juniper Landing Park City at Park City’s Canyons Village.
***GET IN TOUCH WITH RICK***
***GET IN TOUCH WITH TRACEY***
***ABOUT THE SHOW***
Welcome to Luxury Real Estate Talk, where you get expert advice on buying and selling Luxury Real Estate. Learn from the best and brightest real estate agents, brokers, and other professionals, as they share real-life stories about the art and business of listing, marketing, selling, and buying high-end homes. Through casual but insightful conversations, the Talk’s host Rob Jensen will help you master your understanding of the luxury real estate market.
Rob is the president and owner/broker of the Rob Jensen Company, which exclusively specializes in working with buyers and sellers in 42 guard gated and select gated communities in Summerlin, Las Vegas, and Henderson, Nevada. Rob’s 15+ years of local industry expertise have made him a sought after real estate expert source with the media. He has served as a guest commentator for numerous national broadcast television networks including MSNBC and BRAVO. He has also provided content and commentary to The Wall Street Journal, Forbes.com, BusinessWeek.com, the Las Vegas Review-Journal, Real Estate Executive magazine, Growing Wealth magazine, and the Los Angeles Times, among others. Additionally, Rob has penned a recurring monthly real estate column for the Las Vegas Business Press.