Log In   ·   Become A Member
http://www.hamptons.com/gallery/ads/2130.gif

Compass’ Joseph De Sane Dishes On The High-End Hamptons Luxury Market, Impressive Amenities, And Where The Market Is Heading

Nicole Barylski

62 Dunemere Lane in East Hampton. (Courtesy Photo)

"I entered the field after many years of struggling in painting and theater and wanted to be able to build a more financially stable environment," shared Joseph De Sane, Senior Managing Director of Sales and Licensed Real Estate Broker at Compass, who has been in the real estate industry for over 16 years. "What sets us apart with Compass - it's Agents First."

Joseph De Sane. (Courtesy Photo)

"I live in Southampton and manage two offices for Compass, covering from Sagaponack to Southampton (and surrounding areas)," he noted. "As a Senior Managing Director, my purpose is first and foremost, to be there for my agents and help guide them through their deals and overall business development, and to keep my offices running smoothly."

When not in the office, De Sane likes to take time to appreciate the local scenery. "Having resided in the Hamptons for nearly thirty years, I have come to love so many of the beautiful beaches, great shops and restaurants and annual events," he explained. "Sagg Main and Flying Point beaches, La Parmigiana/Schmidt's/Citarella, as well as any local farmstand (I especially love the idea that they have been able to continue on despite changing times and property development)."

If "location" is the first rule in real estate, what is the second? Why?

JDS: Location first, value second.

The Hamptons market has the high-end luxury section with homes well over $7 million and the flip side with homes under $500,000, plus all of the great homes in between. Where are the buyers right now?

JDS: Buyers for the most part know what they are looking for in the Hamptons market, and as such, acquisitions across all sectors remain relatively active. Buyers seek value in this competitive market, especially given the adequate inventory. We have seen very strong activity in the 2.5 million and under market in recent months.

What is your forecast for the summer/fall real estate season in the Hamptons?

JDS: While I would avoid making any broad market predictions, it seems that the fall is off to a strong start as we have signed many new exclusives and have had a steady flow of properties move to contract signing and or close. Our market is one that perseveres, as there has always been opportunity for both buyers and sellers.

What are the emerging trends in architecture?

JDS: It seems the movement from traditional to the more contemporary barn traditional style has given way to a more classic contemporary style in recent years. My feeling is something done well, in any style, will be timeless.

How have buyers/sellers changed over the past two years?

JDS: I see buyers, despite knowing what they want and having the willingness to pay for it, seeking value.

When it comes to unique features and amenities, home in the Hamptons have it all. What are some of your favorites/amenities that really stand out?

JDS: Exceptional landscaping, libraries, and heated floors are some of the features that stand out to me - a lower level movie theater doesn't hurt either.

Which towns/villages are the most sought-after right now?

JDS: With agents in locations throughout the Hamptons, I can tell you that all of our markets seem very strong at present.

What is so special about the Hamptons real estate market?

JDS: It's very difficult to put into words what makes the Hamptons market so special. Maybe it's the light, the smell of the sea, the spectacular homes - both old and new, the farms, landscapes and towns, the art and culture. For me, it's a feeling - it's home.


Nicole is the Editor-in-Chief of Hamptons.com where she focuses on lifestyle, nightlife, and mixology. She grew up in the Hamptons and currently resides in Water Mill. www.hamptons.com NicoleBarylski NicoleBarylski




Related Articles:

Be the first to comment on this article. (Just fill out the form below)
 

Submit Your Comment

Please note, you are not currently logged in. Your comment will be submitted as a guest.
To submit your comment as a member, please click here.
Your Name:
Location:*
Comments:*
* Comments will be reviewed and posted in a timely fashion
* All fields are required
Question:*
What color is the sky?
(For spam prevention, thanks)
 
 
 
http://www.hamptons.com/gallery/ads/2143.gif
http://www.hamptons.com/gallery/ads/1824.gif
Gary R. DePersia, Corcoran Real Estate
With over $2 billion in transactions on the East End and since 1995, Gary DePersia is consistently ranked among the top producers in the Hamptons. A year-on-year member of The Corcoran Group President’s Council, he has qualified as a national list maker since 2007. In 2008 he was Corcoran's top broker on the East End by sales volume and rental units; and ranked as the nation’s 4th top broker. In the 2017 REAL Trends & The Wall Street Journal list of America’s top real estate professionals, he was designated #26 nationally, #4 in the Hamptons and #3 at Corcoran overall by volume with nearly $200 million of transactions for the past year. His office operates with four licensed assistants allowing him to build a business stretching from Southampton to Montauk and Sagaponack to Shelter Island. gdp@corcoran.com

East End Tick Control
The East End's only New York State licensed dedicated tick and mosquito control specialists!

Bridgehampton National Bank
For over 100 years Bridgehampton National Bank has been the East End's hometown bank. Many success stories...one bank, BNB!

Advertise on Hamptons.com - Have your business be seen by over 2 million viewers including NEW searches
Hamptons.com- Our exclusive online magazine has 2.6 million Page Views YTD for 2015. Contact us to join our elite group of clients that benefit from having a presence on the Hamptons award winning publication www.Hamptons.com

Hamptons Carpet One Floor & Home
We pay less,and so do you.With over 1,000 stores in our buying group, we can get the lowest prices from the best flooring manufacturers — and pass the savings on to you.Visit our other locations: Hamptons Carpet One Floor & Home, 675 North Sea Road,Southampton, NY 11968

CP Complete- Landscape Design & Construction
Paul Guillo And Chris Hall Two Of The Most Respected Names In The Community Together, they are partners in CP Complete. They bring their years of experience and integrity to creating and renovating luxury backyards.

CP Complete- Landscape Design & Construction
Paul Guillo And Chris Hall Two Of The Most Respected Names In The Community Together, they are partners in CP Complete. They bring their years of experience and integrity to creating and renovating luxury backyards.

D+J Concepts is known for a high-end cutting edge approach to design.
D+J Concepts is known for a high-end cutting edge approach to design with a balance between functionality and imagination. We skillfully and tastefully transform ordinary spaces into classic modern styles, which are understated, and luxe. We’re known for our modern transitional style incorporating antiques and modern elements for an unexpected edge.

Hamptons luxury real estate specialist for 33 years, Andrea Ackerman offers outstanding expertise in the field.
Hamptons luxury real estate specialist for 33 years, Andrea Ackerman offers outstanding expertise in the field. Trusted, experienced and successful, Andrea has solidified herself as the go-to broker of the Hamptons and a wholehearted advocate for her clients. A pioneer in the real estate industry on the East End of Long Island, she is driven by her passion for the business. Andrea is based in the Bridgehampton office of Brown Harris Stevens as a licensed real estate associate broker and consultant. Formerly, a principal partner and Senior Director at Brown Harris Stevens, Andrea now assists in developing their corporate strategy for the Hamptons region, advising other brokers and sales associates, as well as being one of the top producers and listors.