Log In   ·   Become A Member

Douglas Elliman’s Steve Rosmarin On Hamptons Real Estate Challenges, Emerging Trends, And More

Nicole Barylski

4 Post Lane in Quogue. (Courtesy Photo)

Before Steve Rosmarin, Licensed Real Estate Salesperson at Douglas Elliman, began his career in real estate 13 years ago, he was a travel agent for 22 years. "9/11 and the internet changed the business," he noted. His time spent in the retail travel industry made the real estate pro, who was named Douglas Elliman Real Estate's number two ranked realtor in the Hamptons in 2015, realize that it's important to be there for your clients and customers at the drop of a hat.

Rosmarin, who lives and works in Westhampton Beach, takes advantage of the area's unparalleled scenery whenever possible. "All the beaches in the Westhampton/Quogue area are beautiful," he said. "When I can find an hour or two to lie out I go to Jetty 4 (Lashley Beach) in Westhampton Beach."

He also makes sure to support the local businesses owners whenever he's in need of a wardrobe update. "The best variety of shopping is in Southampton, but I try to keep it in Westhampton," Rosmarin noted. "I buy my shirts at Impulse on Main Street, Westhampton Beach."

As for East End eateries, he's definitely got his favorites. "Starr Boggs is the go-to spot in Westhampton Beach... Amazing Seafood and a fun and festive crowd," he shared. "Stone Creek is always great for a nice quiet dinner."

His hometown offers endless entertainment for all ages. "Westhampton Beach has so many festivals and arts shows you can't pick just one, but the fall festival combined on the same day with the Oyster festival is a blast," he noted.

Rosmarin, who specializes in vacation homes, from Remsenburg to Hampton Bays, has a deep knowledge about the area and credits his compassion for his clients as something that sets him apart. "I listen and care. I'm known as a pretty hard worker," he noted. "I have complete inventory knowledge of a very specific area."

Steve Rosmarin. (Courtesy Photo)

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

SR: Timing, because location and timing are everything. Your timing has to be on when you really want to buy something and there isn't much on the market.

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?

SR: Our market is running out of inventory in the $2 million to $5 million range. In vacation home buying, the public is learning how much more you can buy in the Westhampton Beach area without all the traffic hassles found elsewhere.

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

SR: Little inventory. We are already starting to see it.

What are the emerging trends in architecture?

SR: Less ornate interiors, clean lines. Pools with water features and in-pool tanning platforms.

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

SR: I find they never change much, but buyers are getting slightly less comp oriented.

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

SR: Quogue.

What is so special about the Hamptons real estate market?

SR: The discretionary nature of the transaction for both buyers and sellers. It is rare that someone absolutely has to sell, since we have such a strong rental market. At the same time, nobody has to buy a second or third home. I always consider it a "perfect storm" when everything comes together.

Tell us about some of your most memorable sales and what made them standout? Was it the selling price, location, celebrity buyer?

SR: Every sale is memorable to me, from the smallest co-op to the largest oceanfront home.

Tell us about one of your favorite listings on the market right now.

SR: New construction at 4 Post Lane, leading to the Dune Road bridge. Sprawling, open floor plan with a 50 foot lap pool. Great location with a unique look by a very creative designer.

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:
* Comments will be reviewed and posted in a timely fashion
* All fields are required
Please type the word 'water'
(For spam prevention, thanks)
East End Tick Control
The East End's only New York State licensed dedicated tick and mosquito control specialists!

Southampton Masonry-Visiting the Southampton or the Wainscott locations is an exciting experience.
Southampton Masonry has been serving Long Island's masonry and tile needs since 1975. Delivering quality products from Manhattan to Montauk for over three decades. The company's continued success is due primarily to their number one priority: customer satisfaction, with a promise of prompt and courteous service from the professional, knowledgeable staff. Southampton Masonry has the largest inventory on the east end. As direct importers they can offer a large variety of the finest quality products at the most competitive pricing for both your interior and exterior projects.

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.

Hamptons luxury real estate specialist for 33 years, Andrea Ackerman offers outstanding expertise in the field.
Hamptons luxury real estate specialist for 34 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.

Southrifty Drug 54 Jagger Lane, Southampton Village
Southrifty Drug is a small, neighborhood pharmacy with limited shelf space, and we have to be very selective about which over-the-counter items we carry. As a result you'll find a no nonsense concentration of very effective, high quality and useful products on our shelves. In this new section, we feature a number of these products that we feel are especially worthy of your consideration.

Burner Law Group, P.C.
Burner Law Group, P.C. are full service elder law attorneys concentrating in the areas of Estate Planning, Trust and Estate Administration and Litigation, Special Needs Planning, Guardianship and Elder Law. Offices in East Setauket‚ NY, Westhampton Beach, NY, and New York, NY.

Calissa is Mykonos in the Hamptons.
Our menu focuses on seafood and Greek dishes such as salt baked fish, seafood pasta and Mediterranean mezze. Our wine list has been awarded The Award of Excellence from Wine Spectator and boasts the largest selection of rosé in the Hamptons. The name Calissa is derived from the brightest constellation in the summer sky.Our sister restaurants in New York are Amali and Bar Marseille, opening 2020 in the Rockaways. Calissa offers private dining spaces for groups from 10 to 300 people. To plan your next wedding, corporate event or gathering, please email events@calissahamptons.com. 1020 MONTAUK HIGHWAY, WATER MILL

Suburban Propane in Bridgehampton, New York has been serving proudly supporting our community for 90 years.
Suburban Propane has been serving the energy needs for home owners and business in the Hampton’s for decades. We offer friendly service by local professionals you know and trust, plus the peace of mind that comes from knowing we are among the leaders in the industry for safety.