Michael Petersohn

05/30/2025

http://links.pilot.bhsusa.com/campaigns/936772
Things to do in the Hamptons in June

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04/23/2025

Brian Champagne taking home inspections to the next level!

04/03/2025

Inventory remains tight going into the Spring Market

03/25/2025

Spring has sprung! Come join us at BNI Hamptons for some good market chit chat and insights

02/17/2025

https://www.27east.com/real-estate-news/pulse-real-estate-roundtable-2025-2339811/

To assess the state of the market and look ahead, a group of Hamptons real estate professionals joined the East End Roundtable.

01/30/2025

Every year, Wall Street bonuses grab headlines, and real estate agents brace for a surge of activity. Historically, these bonuses have been significant drivers of demand in the Hampton's luxury real estate market. In 2023, the average Wall Street bonus was over $176,000, and projections for 2024 suggest increases of up to 35% for certain sectors. These influxes of cash have traditionally fueled competition for properties out east.

Sitting at my desk at 27 Main Street in East Hampton, I get a front-row seat to how finance and real estate intersect. You can almost feel the buzz when bonuses are announced. While bonuses still matter, the market has evolved. High interest rates, limited inventory, and economic uncertainty now often outweigh the impact of the splashy headlines.

So how can you use the Wall Street bonus story to your advantage? Here’s how I’d approach it:
For buyers: Use the narrative to underscore urgency. If bonuses do spark competition, now is the time to act. Frame it as an opportunity to get ahead of potential bidding wars in the luxury market.
For sellers: Tap into the excitement. Even if the bonus buzz is just that — buzz — it’s a great moment to position high-end properties as must-see opportunities.
For your brand: Show you’re in the know. Sharing insights about market dynamics positions you as someone who gets the bigger picture.
Wall Street bonuses may not move the market like they once did, but the story still resonates. And stories are powerful tools. When you know how to frame the conversation and show your 'value add'.