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

Sleep more soundly! Rest critical for overall health

Investing in a quality mattress can bring better sleep, more energy during the day

When you’re not ready to go home from the hospital,

Bothell Health Care offers a bridge

A Day in the Life of an Environmental Intern

Ever wondered what happens during an internship at the Port of Seattle?… Continue reading

DISC Centers of America – Bellevue takes the lead in treating neck pain

New technique is so promising, chiropractor can’t wait for his Mom to try it

Ultimate Cruise Job: Lights, Camera, CRUISE

In the past eighteen months, Jesse Kipp’s job has taken him on… Continue reading

Bellevue chiropractor is one of USA’s leading practitioners helping those with sciatica

Technique is more effective than drugs, more successful than surgery

Bellevue chiropractor is one of USA’s leading practitioners helping those with sciatica

Technique is more effective than drugs, more successful than surgery

Let’s use technology to help citizens that need it the most

Compass Housing serves many people who do not have a reliable place… Continue reading

Security checkpoints 101

Security checkpoints at the airport look so simple, but can be very… Continue reading

Discover in-home care with a human touch

Western Washington care provider creates a caring, responsive team with you at the centre

Arrive at the airport early!

Many travelers have heard the standard refrain for busy travel periods –… Continue reading

Mary’s Place computer literacy workshops help families build confidence

John is an attendee of Computer Literacy Workshops being held this month… Continue reading