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

Airport Winter Weather 101

When the weather outside is frightful … and you’re worried your trip… Continue reading

(Lucky Louie Fish Shack photo)
Savor the Season at SEA!

SEA Airport is bustling during the holiday travel season! In the midst… Continue reading

Four reasons you’re waiting on the plane at SEA

You’ve just landed at Seattle-Tacoma International Airport (SEA) after flying for what… Continue reading

5 reasons to get excited about what’s coming to the heart of Redmond

The amenities at the brand-new Hilton Garden Inn will appeal to locals and visitors alike

Accessibility tools for low-vision travelers at SEA

We all have tools that help us get through our every day… Continue reading

Greening up Greater Seattle’s neighborhoods

Cannabis retail shops offer welcoming atmosphere, staff educators to find you the right product

Discover a mask-free sleep apnea alternative!

6 reasons to consider oral appliance therapy in Bellevue

Fall storm proves preventive tree care is key

Sally Trocano was at work when she received a call no one… Continue reading

Civility is Still Alive and Well in Our Courts

Perhaps no one would argue with the fact that our public discourse… Continue reading

Bridging the digital divide in Washington

Comcast’s Internet Essentials program has connected nearly 340,000 in Washington State

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