Cohen Handler Prestige will focus on properties worth $3 million and above.
Buyers agent Cohen Handler has launched a high-end property service, aimed at properties worth $3 million and above.
Simon Cohen, co-founder and managing director of Cohen Handler, said Cohen Handler Prestige will offer a range of property services for high-end buyers, including finding the right property, achieving the best value, and, where relevant, identifying development opportunities.
Cohen said the process will involve close consultation, a tailored approach, and discretion.
“So much high-value home buying occurs off-market," said Cohen. "The launch of Cohen Handler Prestige will provide high-end buyers with more access to these properties."
Cohen is optimistic about the outlook for prestige property.
Cohen Handler experienced 400% growth in enquiries about prestige properties in 2015, and 300% growth in 2016.
Cohen said demand is still strong. Of foreign buyers, he said, "We've seen the rules tighten and I don't' really see that as having had an effect."
As for local buyers, Cohen said, "In that $5 million to $20 million price range, I'm seeing a lot of local money."
"I think the market will stay strong because there's so little for sale," said Cohen.
Last year, Cohen Handler launched a First Home Buyers package to help first-home buyers purchase a home.
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Sydney firm expands in Melbourne