Evolving Markets: Jay Phillip Parker

Q: Tell us about the different areas of Miami that you represent.

A: Since 2013, we have successfully grown Douglas Elliman’s presence in Florida to include all major markets, from Coral Gables to Vero Beach and St. Petersburg on the West Coast with a total of 19 offices and more than 1,200 agents.   Similarly, Douglas Elliman Development Marketing represents many of the most distinguished developers and products in the same territories.

Q: Why is Miami real estate booming post COVID? 

A: Miami represents many of the elements of lifestyle that have been directly impacted by COVID. Lower density, space to enjoy the benefit of outdoor living, great weather, dining, and entertainment. While Miami has been realizing the best in class for some time, COVID has turbo boosted many of the draws to our market and has allowed many to find a safer haven in these challenging times. 

Jay Phillip Parker

Q: What advice do you have for buyers and sellers in the area?

A: If sellers have been waiting to list their properties, my advice would be that now is the time to do it. With the low supply of inventory for single-family homes, coupled with the astronomical demand of buyers looking to purchase in South Florida, sellers should take advantage of the market. For anyone seeking to make Miami or South Florida home, call one of our agents, we’ve become the best in class in this effort.

Q: Anything else you’d like to share?

A: The decision to move to a new market takes expertise, understanding, patience, and a talent in diagnosing the client’s needs. Buyers should take the time to identify the agent that understands their specific needs, wants and expectations so that they can better identify the best product for their needs.

1429 North Venetian Way in Miami, Florida; listed for $34,000,000 by Bill Hernandez and Bryan Sereny of Douglas Elliman.