A speaker (Mark Simpson) argues that many people mistakenly view luxury properties as inaccessible to manage because of perceived cost and barriers. He counters that view, claiming there is a large, untapped market opportunity for people who manage luxury properties.
Part of the thing with luxury properties is that I feel like a lot of people don't think about approaching luxury properties because they see it as being out of their grasp, as being too difficult, too expensive to afford, and there being too many barriers of entry. But I would actually preach the opposite of that, really. I think there's a huge untapped market for people managing luxury properties.
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