The Gottesman Chapin Group at Engel & Volkers Seattle Eastside are specialists in luxury real estate marketing for properties in Mercer Island and the surrounding areas.

The Gottesman Chapin Group at Engel & Volkers Seattle Eastside are specialists in luxury real estate marketing for properties in Mercer Island and the surrounding areas.

Global luxury real estate brand takes Mercer Island by storm

Gottesman Chapin brokerage lends solid track record to Engel & Volkers

With its ups and downs often tied to outside forces in the economy, the real estate market can be a rather stressful place to invest for some.

Sam Chapin, a broker with the Gottesman Chapin Group, part of Engel & Volkers Seattle Eastside, says the frenzied scenario that can ensue when supply is low and demand is high can leave buyers anxious and sellers more in control.

“Sellers and brokers alike were all reading the same news articles and watching homes and properties fly off the market with multiple bids,” he says. “Even if it doesn’t sell in a bidding war, it sells for asking. I think buyers said ‘enough already,’ we’re not going to flip out every time a house comes on the market.’”

Today’s softer market is seeing people taking a more measured approach, Chapin adds. “If you price it really well, the house will still sell in a week. Three weeks used to feel like an eternity, but if you sell a house in three weeks now it means you priced it well.”

Island somewhat insulated from market factors

Mercer Island tends to be a safe haven when it comes to real estate, says Chapin, who began investing in apartment buildings in Seattle with friends after graduating from law school 25 years ago. Like partner Dan Gottesman, Chapin grew up on the Island – their combined residency on Mercer is 75 years – and knows it well.

“Mercer Island is always a really strong market, even when the market softens,” he says. Its proximity to Seattle and Bellevue, the schools, strong suburban community and the general beauty of this Island oasis, with its horse trails, hiking trails and parks, makes it a desirable place to be, he adds.

Engel & Volkers building presence in Seattle area

An internationally known premium real estate company, Engel & Volkers moved into the area in 2017 and operates shops in downtown Seattle and Mercer Island.

Chapin and Gottesman, who joined forces in 2015, had already enjoyed great success specializing in high-end properties by the time they decided to join Engel & Volkers. Chapin says part of their continued success can be pinned on their relatively new relationship with the German-based firm.

“The brand consistency, the global luxury leader that they are; the whole thing has a great look and feel,” he says. “We’re already competing with the most well-known, high-end super brokers out there. It’s nice to have an elegant and impressive presence, in terms of the sophistication of the brand.”

*****

You can find the Engel & Volkers office on Mercer Island at 2690-76th Ave. SE.

Real estate broker Sam Chapin (left), here with partner broker Dan Gottesman, is excited about being on board with globally known luxury brand Engel & Volkers in the Greater Seattle area.

Real estate broker Sam Chapin (left), here with partner broker Dan Gottesman, is excited about being on board with globally known luxury brand Engel & Volkers in the Greater Seattle area.

More in Marketplace

More than 100 Boeing employees joined 6,000 attendees from around the world at the 2018 Out & Equal Workplace Summit in Seattle, where Boeing was the event’s first-ever Host City Sponsor.
BoeingPride on full display at Out Equal Summit

Company plays host to more than 6,000 workplace advocates in Seattle, WA

Boeing reaches out to help military members and their families

Growing up on a military base can have its share of challenges… Continue reading

A $1-million grant from Boeing to The Nature Conservancy will help restore Northwest forests burned during wildfires and support tree planting in urban areas in Washington.
                                A $1-million grant from Boeing to The Nature Conservancy will help restore Northwest forests burned during wildfires and support tree planting in urban areas in Washington.
Boeing announces nearly $250 million in corporate giving

Includes $55 million in new grants to charitable partners and their programs in 2019 and beyond

First BOEING 777X flight test airplane comes together

Boeing’s longest passenger jet to fly in 2019

Community comes to Crossroads this winter

Enjoy entertainment, family nights and more

Does your work hurt?

Best practices help prevent workplace injury

Crossroads celebrates the giving season with community

Bellevue center launches month of special events and opportunities to give back

Productive meetings start with nutritious snacks and room to move!

Boost employee wellness and productivity with a few simple steps

Not everyone feels celebratory at the holidays. Remember, it’s okay to take some time and space for yourself, or to ask for help.
Are the Holidays too Much? Tips to Manage Stress this Holiday Season

Leaves are changing colors, pumpkin spice is in the air and little… Continue reading

Are you ready to take your teaching to the next level?

Innovative approach to early childhood education attracts great teachers

The Benefits of CBD for Older Adults

Having trouble falling asleep, or staying rested throughout the night? Or are… Continue reading

Local Students Engineering Smart Solutions for Boeing

Collaborative robotics, haptic alert systems for hearing-impaired employees and riveting safety —… Continue reading