Hill Haven Midcentury Modern

We’ve loved this Hill Haven Midcentury Modern at 11316 Valleydale Drive for a long time. The architectural screen block wall is the first clue that something special is about to unfold behind that turquoise blue front door of our Inwood Home of the Week!

Former owner Alex Eskenasy of Eskenasy Ferguson Architecture had a great deal to do with what makes this home special.

“The house had an existing architectural vocabulary that I used,” Eskenasy explained. “It already had all the components, the quirky midcentury modern details like the breeze block wall, and the connections between beams and columns expressed throughout different porches. I wanted to take the original architecture, embellish it, and expand the house.”

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Now, don’t get me wrong — I do love the charming painted wood siding, columns, and porches of the beautiful historic homes of Winnetka Heights — but when you see as much real estate as I do, you know that judging one of these homes by curb appeal alone is like ordering a steak from the picture of the cow it came from.

And again — don’t get me wrong — I love steak. But not all Winnetka Heights homes have beautiful interiors and great finish-out, just like not every good-looking cow is going to turn into a great steak. That’s one of the main reasons why this gorgeously renovated Winnetka Heights Historic District home is our High Caliber Home of the Week presented by Lisa Peters of Caliber Home Loans

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Texas Contemporary
Our Monday Morning Millionaire is a stunning Preston Hollow Texas Contemporary at 4562 Isabella Lane in the Wilson Estates neighborhood that has been completely transformed. The dream team of Architect David Stocker, Principal of Stocker, Hoesterey, Montenegro, and Brad Ellerman, President of Ellerman Homes, took it from 2005 to 2018 and all we can say is, “WOW!”

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Yet another high-profile agent has decided to leave a local brokerage for Compass Real Estate. In early June, Phillip Murrell made what he said was the extremely difficult decision to leave Dave Perry-Miller after more than three years. He cited Compass’s technology and innovative marketing as deciding actors.

“I wasn’t looking for a change at all,” Murrell said. “It was one of the hardest decisions professionally that I have made. Lee Thomas and the people over at Dave Perry-Miller are some of the best people in the world.”

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Pereira

 

Daylon Pereira said he would never leave Allie Beth Allman and Associates unless he was going to start his own brokerage.  Then representatives from Compass Real Estate came calling, and everything changed.

“It was a pretty sudden sort of a deal,” Pereira said. “Though it was difficult to leave Allie Beth after seven years, in the end it’s about the services I’m able to provide my clients.  For that reason, I am thrilled to say I made the right move.”

One of the deciding factors for Pereira was what he felt was Compass’s superior commitment to technology. Several years ago, he and a friend developed their own real estate marking technology. At the time, it was hard to convince others of its value. Today, cutting-edge technology and marketing are at the forefront of the changing real estate landscape.

“I feel like real estate in general is the only industry that needed to catch up with the rest of the world on technology,” he said. “Technology drives the entire consumer market these days. To stay relevant, I feel we as agents have to recognize that real estate is no different, and most brokerages have fallen behind on that curve.” (more…)

Jennifer Ackerman, one of Virginia Cook’s top agents, has moved to Compass. Her first day there was April 2.

“It definitely wasn’t a decision that I took lightly,” Ackerman said. “After weeks of back and forth I decided to make the leap. I think it’s a very exciting transition.”

Ackerman began her real estate career at Virginia Cook 12 years ago.  She has been the company’s second-best selling agent for the past three years. In 2017, her volume topped $27 million. Going into this year, she still loved her job and was not seeking a change. When a Compass representative called, she agreed to take the meeting mostly as a courtesy.

“I left the meeting impressed,” she said. “I was blown away by the different ways that they were thinking about the industry.”

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When I interviewed Robert Reffkin in January about his company’s move into Dallas, I asked about overhead and office space. Was Compass going to have major office presence in Dallas, or would they keep on using the Oak Lawn office of The Collective, the firm they (sort of) acquired?

We will have offices here:  big, beautiful offices, Reffkin told me.

True to his word, Dallas Compass has signed a large lease in a new, state-of-the-art Preston Center Office building. The location is very strategic, as it puts Compass on the front line in the war for juicy Park Cities/Preston Hollow listings.

Compass has rented 24,000 square feet in the new Terraces at Douglas Center, located at 5960 Berkshire Lane in Preston Center. The building has 172,000 square feet and was recently completed.

The firm has been active since landing in Dallas in January, and already has more than 80 sales agents, with plans to acquire more across the DFW area.

“Our momentum in Dallas is a testament to agents’ commitment to growing their business, providing their clients with best-in-class service,” Rob Lehman, chief growth officer at Compass, said in a statement. “We’re excited to build out this office space to serve our agents and their clients across the region.” 

The New York City-based company is in more than a dozen cities across the U.S. and plans to expand to eight more this year. By 2020, Compass wants to own 20% of the U.S. residential real estate market.

Compass is one of the first major tenants in the 12-story office Terraces at Douglas Center,  located near the southeast corner of the Dallas North Tollway and Northwest Highway. The 172,000 square-foot office building was developed by PegasusAblon (owned by Michael Ablon) and Lionstone Investments of Houston.

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Historic Colonial RevivalThe happy yellow house in Highland Park at 3608 Drexel Drive is for sale! This historic Colonial Revival is one of those homes that makes you smile. Built for A. H. Davidson in 1928, it has been lovingly cared for and updated with respect to the classic features that only comes with history. (more…)