Dallas 100 Gives a Nod to Small Real Estate Brokerages

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If it seems like the lists of top-performing companies in national business magazines are populated by industry mammoths and impossibly large corporations, it’s because they are. Sure, economies of scale can help a company realize success relatively fast, but these lists leave the real, tangible successes of small businesses in the shadows.

Recognizing that these regional brands deserve distinction, the Caruth Institute at SMU’s Cox School of Business came up with the Dallas 100™ Entrepreneur Awards. This list is populated by “the unsung heroes of our economy,” according to the Caruth Institute. Within this list of the 100 fastest-growing privately held companies in North Texas were two residential real estate brands that have been burning up shoe leather in their bid to succeed: Briggs Freeman Sotheby’s International Realty (No. 20), and CLAY STAPP + CO. (No. 80).

“The incredible growth and performance of the Dallas 100™ winners is a tribute to the dynamic and vibrant entrepreneurial community in which we live,” said Jerry White, director of the Caruth Institute for Entrepreneurship at SMU Cox. “The Dallas economy has been driven by entrepreneurs since its founding. With today’s entrepreneurs, investors and supporting professionals, the economic future of our area and beyond looks bright indeed.”

We agree, and it’s fantastic for these two regional brands to see such growth. Perhaps North Texas has fully recovered from the economic downturn now that we’re seeing brokerages post big numbers? At any rate, congratulations to Briggs Freeman Sotheby’s and CLAY STAPP + CO. on your Dallas 100 win!

Scott CarlsonPart one: Briggs Freeman Sotheby’s has begun an acquisition process that is part of their overall strategy to have a stronger presence in Lakewood area real estate. Today they made part of that process official: Robbie Briggs has acquired Scott Carlson Real Estate.

And what a presence! Scott Carlson, a force of nature in the Lakewood residential real estate market, is a force of nature himself.

(more…)

Robbie's Report: Presidents Day Gives us a Chance to Reflect on Leadership

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Robbie Briggs of Briggs Freeman Sotheby’s has taken time this past week to reflect on how Presidents Day gives us a chance to look at what leadership is, who our leaders are, and how best we can measure the success of past and future presidents.

Read on for Briggs’ full column:

Robbie's Report by Robbie Briggs of Briggs Freeman Sotheby's

Robbie’s Report: Presidents Day Gives us a Chance to Reflect on Leadership

DSC_2611-Edit-2908513828-O

Robbie Briggs of Briggs Freeman Sotheby’s has taken time this past week to reflect on how Presidents Day gives us a chance to look at what leadership is, who our leaders are, and how best we can measure the success of past and future presidents.

Read on for Briggs’ full column:

Robbie's Report by Robbie Briggs of Briggs Freeman Sotheby's

briggs freeman logoI told you a few weeks ago that Sotheby’s International sued Briggs Freeman, one of it’s own franchisees, due to the beefs of another one of it’s franchisees, Williams Trew Real Estate Services of Fort Worth. Turns out the judge did not grant Sotheby’s a temporary restraining order last month.

Judge Sidney A. Fitzwater threw out Sotheby’s request for a TRO “Because plaintiff has not shown that it faces a substantial threat of irreparable harm between the time its TRO application was filed and when the court can address its preliminary injunction application, the court denies the application. The denial of the TRO application does not suggest a view on the merits of plaintiff’s pending preliminary injunction application.”

Anyhow, I guess Williams Trew decided to take matters into their own hands: On Friday, the 13th of September, Williams Trew Sotheby’s International Realty of Fort Worth filed suit against Briggs Freeman Sotheby’s International Realty of Dallas and Robbie Briggs. The beef is tortious interference — WT says Briggs has interfered with Williams Trew’s contract with Sotheby’s International Realty Affiliates LLC.

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The lawsuit, filed in 348th Tarrant County State District Court, seeks actual and punitive damages and a permanent injunction barring certain business activity. Here’s what WT founding partner Martha Williams told the Fort Worth Business Press:

“Competition in the marketplace is fine so long as it is conducted lawfully,” said Martha Williams, a founder of Williams Trew in a news release. “We were forced to file this lawsuit due to Briggs Freeman’s refusal to acknowledge Williams Trew’s contractual rights with Sotheby’s International Realty.”

Here is Robbie Briggs response:

Robbie Briggs Statement Re: Williams Trew SIR v. Briggs Freeman SIR Tortious Interference suit

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Of course this Wall Street Journal article by Alyssa Abkowitz doesn’t tell you and me anything new. We’ve known for weeks — if not months — that high-end homes in Dallas are flying off the shelves faster than Realtors can list them. It’s driven the resurgence of the hip-pocket listing, too, as newly wealthy or recently transplanted millionaires move to Dallas.

Abkowitz did a great job of quoting some of the big names in the luxury home scene, such as Platinum Series Homes builder Mark Molthan, Briggs Freeman Sotheby’s chief Robbie Briggs, and sought-after designer Barry Williams. The Park Cities and Preston Hollow get name-dropped along with gated communities in Fort Worth.

Of course, there’s a dissection of luxury homes and communities in other gas-rich areas such as San Antonio and Houston. It leads me to wonder, though, with so many municipalities on the fence when it comes to fracking, are we reaching the gas boom’s peak?

What do you think?

The Glass Pavilion bathUpdate, 10:23 pm: Am told this house must be sold within the next 30 days!

Happy Easter Monday and I hope you all had a beautiful Easter Sunday! My leak is fixed, Jo is enjoying her family, and I am bringing you an Easter treat that will make your heart beat faster. From Robbie Briggs come inside word that my most favorite home in the entire world is not just on the market, not just reduced, but the deal of a lifetime!The Glass House ext The Glass House LR The Glass House autosThe Glass House dining

Remember the Glass Pavillion? No April Fool’s joke here. The initial asking price was well over $35,000,000 WITHOUT cars or furnishings, then it was reduced to $19,995,000. Now I hear the home can be had for even less — like $13,900,000 and sources tell me may be negotiable even at that price! That’s a wee bit over the bank note. Robbie has all the deets, so go to him right now if you are interested.  (That’s [email protected].) Anyone want to create a consortium of buyers for our new second home in Montecito? Count me IN!

As I said when I first wrote of it, this home was my Jedediah Leland/Citizen Kane moment: this house is my “girl in the white dress”. It flashes me back to Mies Van Der Roh’s Farnsworth House, near where I grew up. The Glass Pavilion was designed by Steve Hermann, and it is almost 14,000 square feet! A little big, and I’d need some stock in Windex, but I am still head over heels in love with this property! When interviewed by Santa Barbara Magazine, Steve, presumably still the owner, said he set out to design the  most minimalist house ever designed.Glass-House-1-223x300.jpg Steve

“There’s nothing inhibiting the flow of light and space. You are completely enveloped in nature,” says Steve, a longtime designer of high-end spec homes in Los Angeles, who first embarked on creating the Glass Pavilion six years ago.”The Glass House bath 1 The Glass House cars The Glass Pavilion bath

Set within a 3.5 acre estate of oak groves, this almost entirely glass home allows occupants to be enveloped by nature. As you drive down the long gated driveway, it slowly comes into view, like a miracle.

And it appears weightless, through the use of massive structural steel beams one of which alone is the weight of ten Range Rovers, as if it hovers above the expansive lawn. As you can imagine, the budget to build this home was virtually limit-less. Rumor has it the owners have more than thirty million jammed in it! It took six years to complete — well, this is California. Would have taken half as long in Texas. The glass panels are all created of Star Fire glass, an incredibly clear glass usually reserved for museum-quality jewelry displays. Kitchens and baths by Varena, Poliform and Antonio Lupi. The home has five bedrooms, five and a half baths, grand hallway and large wine room. (Do you see that walk-through shower?) The glass pavilion includes an art gallery where the owners currently display their vintage car collection. I’m told the 1955 silver Mercedes Gullwing is worth $ 1 million alone. Which gives me an idea: let’s draft a contract and ask that the cars remain with the house! The space is so generous it is capable of holding up to 32 cars within its walnut-lined walls. I mean, you could practically hold the Pebble Beach Concours D’Elegance in there!

This home is modernism at it’s best. It’s a redefining structure within modernism,  a benchmark building that sets the bar as to what modernism is and can be. And the location,   780 Ashley Road, is in one of the most beautiful parts of southern California, Santa Barbara. Reminds me of my Valencia days...

 

 

The Glass Pavilion bathUpdate, 10:23 pm: Am told this house must be sold within the next 30 days!

Happy Easter Monday and I hope you all had a beautiful Easter Sunday! My leak is fixed, Jo is enjoying her family, and I am bringing you an Easter treat that will make your heart beat faster. From Robbie Briggs come inside word that my most favorite home in the entire world is not just on the market, not just reduced, but the deal of a lifetime!The Glass House ext The Glass House LR The Glass House autosThe Glass House dining

Remember the Glass Pavillion? No April Fool’s joke here. The initial asking price was well over $35,000,000 WITHOUT cars or furnishings, then it was reduced to $19,995,000. Now I hear the home can be had for even less — like $13,900,000 and sources tell me may be negotiable even at that price! That’s a wee bit over the bank note. Robbie has all the deets, so go to him right now if you are interested.  (That’s [email protected].) Anyone want to create a consortium of buyers for our new second home in Montecito? Count me IN!

As I said when I first wrote of it, this home was my Jedediah Leland/Citizen Kane moment: this house is my “girl in the white dress”. It flashes me back to Mies Van Der Roh’s Farnsworth House, near where I grew up. The Glass Pavilion was designed by Steve Hermann, and it is almost 14,000 square feet! A little big, and I’d need some stock in Windex, but I am still head over heels in love with this property! When interviewed by Santa Barbara Magazine, Steve, presumably still the owner, said he set out to design the  most minimalist house ever designed.Glass-House-1-223x300.jpg Steve

“There’s nothing inhibiting the flow of light and space. You are completely enveloped in nature,” says Steve, a longtime designer of high-end spec homes in Los Angeles, who first embarked on creating the Glass Pavilion six years ago.”The Glass House bath 1 The Glass House cars The Glass Pavilion bath

Set within a 3.5 acre estate of oak groves, this almost entirely glass home allows occupants to be enveloped by nature. As you drive down the long gated driveway, it slowly comes into view, like a miracle.

And it appears weightless, through the use of massive structural steel beams one of which alone is the weight of ten Range Rovers, as if it hovers above the expansive lawn. As you can imagine, the budget to build this home was virtually limit-less. Rumor has it the owners have more than thirty million jammed in it! It took six years to complete — well, this is California. Would have taken half as long in Texas. The glass panels are all created of Star Fire glass, an incredibly clear glass usually reserved for museum-quality jewelry displays. Kitchens and baths by Varena, Poliform and Antonio Lupi. The home has five bedrooms, five and a half baths, grand hallway and large wine room. (Do you see that walk-through shower?) The glass pavilion includes an art gallery where the owners currently display their vintage car collection. I’m told the 1955 silver Mercedes Gullwing is worth $ 1 million alone. Which gives me an idea: let’s draft a contract and ask that the cars remain with the house! The space is so generous it is capable of holding up to 32 cars within its walnut-lined walls. I mean, you could practically hold the Pebble Beach Concours D’Elegance in there!

This home is modernism at it’s best. It’s a redefining structure within modernism,  a benchmark building that sets the bar as to what modernism is and can be. And the location,   780 Ashley Road, is in one of the most beautiful parts of southern California, Santa Barbara. Reminds me of my Valencia days...