Lake Geneva Commissions
Well, that just about does it. The National Association of Realtors settled the BOMBSHELL commission lawsuit last Friday and now everything has changed. Six Percent Commissions Are Toast, some of … Read more
Well, that just about does it. The National Association of Realtors settled the BOMBSHELL commission lawsuit last Friday and now everything has changed. Six Percent Commissions Are Toast, some of … Read more
A man called me last spring about this time. He had spent his childhood here and now that he was growing quite old he felt an oddly powerful desire to … Read more
The year is still young, but it’s March 1st and that means the year isn’t quite as young as we think. With two full months of 2024 under our belts … Read more
There’s a marginally popular song today where some guy whines about how it’s stick season in Vermont and that he’s sad because his friends are gone and his girlfriend dumped … Read more
I’m thrilled to have completed the transaction at pier 501 in Fontana. This sale is the fourth lakefront sale on Geneva to close over $9.5M in the past eight months, … Read more
In early January of 2023 I wrote my market forecast and suggested that inventory would remain tight in 2023 and that pricing would be difficult for buyers. I added that sellers … Read more
Even as the market normalized during 2023, we still managed to keep our average sales price in line with the prior year. One of the many reasons I don’t like … Read more
While some are busy struggling to explain how property taxes work, let’s discuss the actual Lake Geneva market. Maybe someday I’ll write an article on how property insurance works, but … Read more
If you pay attention to our lakefront market, you know there is a rather heated debate about the persistence of off market transactions. While many market participants decry the practice, … Read more
The new winter issue is now available. Perhaps you’ve grabbed a copy around town, or perhaps a mailed copy has found its way to your mailbox. If neither of those … Read more
By now you’ve read the articles in Crain’s and the Tribune, so I don’t need to tell you that Aurora University has found a buyer for their cherished George Williams … Read more
Something the market doesn’t discuss very often is the relationship between the lakefront homes sold and the total addressable market. You can see the total front feet sold tends to … Read more
Average and median price per square foot held in the $650-800 range for the four years of 2017 to 2020. In 2021 both the average and median gapped above the … Read more
Lake Geneva’s favorite metric continues to be one of my least favorite: The Price Per Front Foot. I generally disapprove of the importance that the market places on this defining … Read more
After a decline in 2022 that was likely caused by limited inventory, our overall lakefront sales volume rebounded in 2023 to nearly match the cycle high set in 2021. Most … Read more
It’s close enough to say that, right? I think it is. Something that’s always bothered me is how certain words or phrases ebb and flow in their use and popularity. … Read more
I admit to you that I find the market to be boring during this time of year. Yes, there are still sales. An aged piece of lakefront inventory closed yesterday, … Read more
It can be exhausting to continually cheer for something for a long, long time. This is why Cubs fans were so relieved in 2016 when we finally won the World … Read more
When you’re a kid from the bay you ride your bike to Geneva Street but never across it. You visit Lake Geneva when you’re 45 and still think of it … Read more
A long, long time ago, my wife packed her bags and I packed a huge desktop computer and we drove to Siesta Key. It was the day after Thanksgiving and … Read more
My deaf, blind dog woke me up early this morning. She wakes me up early every morning, though lately it’s not as early as it was this past summer when … Read more
Did you know this year there have been three homes listed over $10M sell on Geneva Lake? Did you know that all three were my listings? I guess now you … Read more
You’ve likely seen the headlines out of Kansas, which is a statement that no one in Wisconsin had ever uttered before the recent ruling against several large national brokerages and … Read more
As a professional over-thinker, I have spent an inordinate amount of time thinking. In a world where the top performing agents in the world say that everything is INSANE and … Read more
I’m in Spain right now, sitting in a home crammed perilously into the side of a very old cliff, perhaps 500′ or more above the Mediterranean Sea below. It’s quite … Read more
If you knew me in the year 2000, then you knew I sold the Fontana Club Condominiums when the building was new. Or maybe you didn’t know that about me … Read more
My son is contemplating going to law school. When I was 20, I did not contemplate this. I was contemplating whether or not I had a house I could sell … Read more
Over the past many months the market in our lakefront and lake access market has been dislocated. The dislocation, due to the absence of accumulating open market inventory, led to … Read more
By now you may have heard about my latest sale. While the out of towners attempt to lecture the locals on how to market and sell properties, I’m just here … Read more
I have a friend who ordered a fancy new car two years ago. It was the sort that has a roof you can remove, ideally during sunny stretches of weather, … Read more
Stoney Hollow at Pier 74 is a magnificent stone and slate Tudor located on Snake Road at the end of private Folly Lane. This premier estate is offered with the … Read more
One month ago, I listed a great cottage on Lower Loch Vista for $689k. Then I had 16 or more showings over the following two days. Yesterday, I sold that … Read more
Few people know that I first sold this house in late 2021 in the high $7s. It was an off market sale that never made its way to the MLS, … Read more
There’s a thing about a quiet sale at Lake Geneva, and that is that it’s not really all that quiet. I can try to keep things quiet, for the protection … Read more
At this point in the summer there are things that we all know. We know that the Harold Smith deal fell through, or at least it was under contract and … Read more
Simple lakefront perfection is yours with this turn-key lakefront home on 100 feet of impossibly level frontage on Geneva’s South Shore. This immaculate six bedroom home is positioned at the … Read more
Is there a more perfect lake cottage? I don’t mean in Williams Bay. I don’t mean in Walworth County. I mean anywhere. I suppose there could be, but I doubt … Read more
If no one had to work in a physical office with co-workers and a communal CLIFF BAR dispenser, then it made good sense that people might move to Whitefish, Montana. … Read more
In a market with a whole lot of marketing subterfuge, it’s good to know there’s still a way to calculate the top agent. I’m proud to represent the Lake Geneva … Read more
By now you know that Harold B. Smith’s estate, Aloha Lodge, is under contract. Find me a market in the Midwest that can sell homes over $30M that isn’t Lake … Read more
It was a last minute decision, really. Earlier in the day I had decided that I’ve had enough of the fish fry scene for one spring. It was over for … Read more
Well, it’s that time again. The fifteenth issue of Summer Homes For City People is now complete. As is my usual course, I approached this day with equal portions of … Read more
There’s an old saying that says, “Sometimes if you want to feel young you should eat fish fry around 5 pm at the Big Foot Inn.” Considering my 2023 has … Read more
On Twitter, I follow two particularly financial types who hold tight to diametrically opposing views. One thinks the stock market is on a fast race to the moon, and no … Read more
I can’t fully explain to you how pleased I am that the Lake Geneva lakefront market doesn’t care about rentals. What a relief that is to remove rental concepts from … Read more
One of my two complementing agents, Jessica Genrich, just listed this rather fantastic Abbey Ridge residence that includes a separately deeded Abbey Harbor boat slip. This immaculate unit has been … Read more
If you read my winter edition of Summer Homes For City People, you know that off-market sales accounted for 0.00% of our 2017 lakefront volume. And if you know that, … Read more
In April of 2018 I bought an Abbey Springs Dining Membership so I could eat at their lakeside restaurant and review the fish fry. Back then the membership was $200 … Read more
Many men who are the same age as my father shipped off to war at the same time my dad drove off to college. While many of those good men … Read more
The news from last week is that I didn’t land a big listing that I was hoping to land. I worked pretty hard to get this particular listing, as it’s … Read more
Friday was a busy day for me, but it wasn’t so busy that I didn’t find the time to eat some fried fish. My wife generally doesn’t love some of … Read more
I suppose my lifelong love of Aspen started last March when I visited for Spring Break. In Aspen, we capitalize Spring Break, because it is nearly everything to us. And … Read more
Entry level lakefront homes at Lake Geneva tend to have consistent attributes. The attributes we love are those perfect white piers, and that meandering shore path at the water’s edge. … Read more
A trip is when you go to the grocery store to buy milk on a Wednesday. A trip is to Cancun because you won the sales award for the third … Read more
I think maybe I’ve discovered another angle that has exposed just how terrible I am at the newly modified rules of real estate marketing. Everyone knows I’ve sold oodles of … Read more
It was February of 2018 when I last judged the fish fry at The Waterfront, that harbor side restaurant located inside the Abbey Hotel. At that time, the fish fry … Read more
I last reviewed Popeye’s March 5th, 2018. While that feels like it was a couple of years ago, I’m alarmed to realize that it was, as a point of fact, … Read more
Well, it feels like we’re about to see some more inventory. There’s a new lakefront listed under our MLS’s Delayed heading, which is category I’ve never used and never will … Read more
Have you ever noticed how many walking trails and parks there are in the Lake Geneva area? I haven’t really, but I know it’s a lot. There’s one big walking … Read more
It’s something that I still get asked about, and with some meaningful frequency. Where’s the best fish fry in Walworth County? The problem with the question is the answer. The … Read more
I rather like CNBC’s Rick Santelli. He cut his teeth at the CME and CBOT, and speaks not as a refined journalist but as a sharp elbowed floor trader with … Read more
There’s a cheeky little line about a dead squirrel that some people like to tell. They say that the road is full of dead squirrels who couldn’t make up their … Read more
I hope by now you’ve had a chance to pick up a copy of the winter edition of Summer Homes For City People. But, for the sake of today, let’s … Read more
I guess the job of a real estate agent is to pretend everything that’s happening makes sense. Years ago I used to quietly make fun of one market participant who … Read more
I am very tired of telling everyone about how many houses I’ve sold. It’s nauseating, really. I have no idea where the balance is between making sure everyone knows that … Read more
Seasonality is dead, or so I like to tell my clients. This chart below helps show the smoothing of activity for the most recent five year period when compared with … Read more
That’s how the structure footage factors into value, but what about the price per square foot of land mass? This metric can be egregiously skewed from year to year, but … Read more
Lake Geneva’s favorite metric is also one of my least favorite: The Price Per Front Foot. I generally disapprove of the importance that the market places on this defining metric, … Read more
It’s rather obvious that Lake Geneva isn’t as interest rate sensitive as most real estate markets. I’ve been saying for the better part of the past year that I’d be … Read more
I’m not sure if it’s this winter, or just winter in general, but it no longer bothers me. It’s different. It’s cold, but is it bitter? Bitterly cold, that’s what … Read more
From my family to yours, best wishes for a peaceful, healthy, prosperous new year. Any year that starts with my family healthy and ends with them healthy is a pretty … Read more
I’d like to say Happy Hanukah and Merry Christmas and also Happy New Year, but how can that fit in the title spot? And if it did fit, how would … Read more
Many years ago I rented a condo on Siesta Key. My son was a baby and my business was seasonal, so it made good sense to spend most of the … Read more
Remember when I told you I was going to write about the things I’m thankful for? I was going to work on being grateful. I was going to really, really … Read more
This is my SOS. Except my ship is my town and that makes the situation far more dire than if it were just my ship in trouble. The Lake Geneva … Read more
If I’ve accomplished nothing else in my life, I’ve certainly succeeded in identifying the many reasons people buy Lake Geneva vacation homes. I’ve rambled about gibberish, tried incredibly hard to … Read more
One of the interesting things about cliches is that they only become cliches because they’re used very often. And one of the reasons they’re used very often is because they’re … Read more
In case you couldn’t tell, this was a really special property. I was proud to represent this lovely seller and their stunning farm. Sometimes selling a property isn’t an easy … Read more
Well, I continue to be wrong about this market. Or, perhaps, as Christian Bale as Michael Burry said in The Big Short, “I’m not wrong, I’m just early”. The market … Read more
I’m bored with this market. That’s why I haven’t been writing as much as I’d like to. Boredom. But it’s more than boredom, it’s irritation. That’s it, bored irritation. The … Read more