Windermere Launches New Ultra-Luxury Brand: W Collection

W Collection

Anyone who has spent time in the Seattle area in recent years has likely seen for themselves how much the city has changed. Thanks in large part to the booming economy, growing tech sector, and increasing international appeal, Seattle is no longer a sleepy little city tucked away in the far corner of the United States. With this changing landscape has come an infusion of wealth that has seen the area’s high-net-worth population explode. And with it, so too has the ultra-high-end real estate market.

In order to meet the specialized needs of this burgeoning market, Windermere has launched W Collection, a new ultra-luxury brand specifically designed for homes priced at $3 million and above in Western Washington. OB Jacobi, President of Windermere Real Estate, says that Seattle’s population of “global affluent” is on the rise and they greatly value real estate. The proof is in the numbers.

Over the past five years there has been a significant increase in the number of home sales in the $3 million+ market. In 2011 there were only 45 such sales in King County, while in 2015 there were 131. “Windermere agents represent anywhere from 40-60 percent of the $3 million+ sales in the Seattle area, so we felt we were in the ideal position to build a brand that could provide enhanced marketing support to the growing number of ultra-luxury homes,” said Jacobi.

W Collection is its own standalone brand with a separate website, WByWindermere.com, signage, presentation materials, and specialized advertising opportunities. When developing W Collection, Jacobi said that the goal was to create a sophisticated, yet humble, brand that evokes the understated expression of wealth that is unique to the Pacific Northwest. “Our clients are not largely drawn to the shows of excessive wealth that you see at other companies and in other parts of the country. This is reflected in the W Collection brand,” said Jacobi.

The development of W Collection began a little over a year ago, and according to Jacobi, was a highly collaborative process with Windermere agents playing an integral role in every step, “Over the past 44 years some of Windermere’s best ideas have come from our agents who are totally in tune with the needs of their clients and the shifting demands of the market; W Collection was born from this same agent ingenuity.”

This article originally appeared on the Windermere.com blog.

Windermere Real Estate Unveils “W Collection” Ultra Luxury Brand

WCollectionLogo

Last week, the Puget Sound Business Journal exclusively announced the launch of Windermere’s new ultra-luxury brand, W Collection. Spearheading the W Collection is Leigh Canlis, Vice President, Luxury Division of Windermere, who joined the company in February.

Canlis said,  “W Collection is much more than a luxury marketing program, it is like the American Express Black Card of real estate. “W” is a high-touch concierge service that not only markets luxury listings, but connects Windermere brokers and their clients to every aspect of the luxury industry.”

The new division will focus on homes priced at $2.5 million and above in Seattle and $3 million and above on the Eastside, and the top tier brokers who work in this arena.

Read  Patti Payne’s entire story in the Puget Sound Business Journal.

This blog post originally appeared on the WindermereSeattle.com blog.