The Gottesman Chapin Group at Engel & Volkers Seattle Eastside are specialists in luxury real estate marketing for properties in Mercer Island and the surrounding areas.

The Gottesman Chapin Group at Engel & Volkers Seattle Eastside are specialists in luxury real estate marketing for properties in Mercer Island and the surrounding areas.

Global luxury real estate brand takes Mercer Island by storm

Gottesman Chapin brokerage lends solid track record to Engel & Volkers

With its ups and downs often tied to outside forces in the economy, the real estate market can be a rather stressful place to invest for some.

Sam Chapin, a broker with the Gottesman Chapin Group, part of Engel & Volkers Seattle Eastside, says the frenzied scenario that can ensue when supply is low and demand is high can leave buyers anxious and sellers more in control.

“Sellers and brokers alike were all reading the same news articles and watching homes and properties fly off the market with multiple bids,” he says. “Even if it doesn’t sell in a bidding war, it sells for asking. I think buyers said ‘enough already,’ we’re not going to flip out every time a house comes on the market.’”

Today’s softer market is seeing people taking a more measured approach, Chapin adds. “If you price it really well, the house will still sell in a week. Three weeks used to feel like an eternity, but if you sell a house in three weeks now it means you priced it well.”

Island somewhat insulated from market factors

Mercer Island tends to be a safe haven when it comes to real estate, says Chapin, who began investing in apartment buildings in Seattle with friends after graduating from law school 25 years ago. Like partner Dan Gottesman, Chapin grew up on the Island – their combined residency on Mercer is 75 years – and knows it well.

“Mercer Island is always a really strong market, even when the market softens,” he says. Its proximity to Seattle and Bellevue, the schools, strong suburban community and the general beauty of this Island oasis, with its horse trails, hiking trails and parks, makes it a desirable place to be, he adds.

Engel & Volkers building presence in Seattle area

An internationally known premium real estate company, Engel & Volkers moved into the area in 2017 and operates shops in downtown Seattle and Mercer Island.

Chapin and Gottesman, who joined forces in 2015, had already enjoyed great success specializing in high-end properties by the time they decided to join Engel & Volkers. Chapin says part of their continued success can be pinned on their relatively new relationship with the German-based firm.

“The brand consistency, the global luxury leader that they are; the whole thing has a great look and feel,” he says. “We’re already competing with the most well-known, high-end super brokers out there. It’s nice to have an elegant and impressive presence, in terms of the sophistication of the brand.”

*****

You can find the Engel & Volkers office on Mercer Island at 2690-76th Ave. SE.


In consideration of how we voice our opinions in the modern world, we’ve closed comments on our websites. We value the opinions of our readers and we encourage you to keep the conversation going.

Please feel free to share your story tips by emailing editor@issaquahreporter.com.

To share your opinion for publication, submit a letter through our website https://www.issaquahreporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) We reserve the right to edit letters, but if you keep yours to 300 words or less, we won’t ask you to shorten it.

Real estate broker Sam Chapin (left), here with partner broker Dan Gottesman, is excited about being on board with globally known luxury brand Engel & Volkers in the Greater Seattle area.

Real estate broker Sam Chapin (left), here with partner broker Dan Gottesman, is excited about being on board with globally known luxury brand Engel & Volkers in the Greater Seattle area.

More in Marketplace

David Good, owner of The Green Door in Seattle.
Let your assumptions about cannabis go up in smoke

Learn more about consumption methods for medical cannabis

Former Bellevue Football assistant head coach publishes his side of the story

A national championship, 12 state championships and many investigations

Indoor or outdoor? How cannabis growing conditions affect potency and flavor

Seattle store offers insights into Washington’s growing cannabis industry

Why the State Senate needs a nurse

Right now, there are no nurses in the State Senate, and it shows in votes and policies

Enrichment comes full circle: healthy soils, healthy businesses, healthy families!

Home delivery service helps restaurants, farmers, and the people of Puget Sound

Turnkey semi-custom solutions for a home you’ll love coming home to!

Lexar Homes expands home ownership vision to North Bend

Snoqualmie Falls 3 ways: Local artists capture the attraction’s many seasons and moods

See familiar scenes from new perspectives at this Main Street gallery

Show Grand Ridge Plaza What You Got this summer for a chance to win great prizes from GRP merchants! From Aug. 24 to Sept. 6 if you post a photo to Instagram featuring beauty and style at Grand Ridge Plaza (and use the hashtags #Style and #ShowGRPWhatYouGot ) you’ll be entered to win.
                                Setting a wellness goal for the second half of 2020? Grand Ridge Plaza has a range of health and fitness professionals to get you on the right track.
Feeling stressed? Treat yourself to a spa escape, right here in Issaquah!

Grand Ridge Plaza has plenty of beauty + style options to help you rejuvenate

Over the top in community giving

Like most things, the roof over your head needs maintenance to keep… Continue reading

J. Stephan Banchero, III, president of Sound Bites (left) with John Moscrip, chief operating officer, Duke’s Seafood. Sound Bites delivers fresh organic produce, frozen protein and restaurant meals everywhere in Snohomish, King and Pierce counties.
Your SOUND choice for produce + restaurant favorites + more, delivered right to your door!

Get a head start with a weekly delivery of local organic produce, proteins, coffee and baked goods

Your neighborhood one-stop-shop for family fun!

Snap some photos of your afternoon at Grand Ridge Plaza for a chance to win

David Good, owner of The Green Door in Seattle. Budtenders at the store will teach you about cannabis and help you find a product that suits your needs.
‘Budding’ chemists: learning the science behind a familiar plant

You probably know THC and CBD, but this Seattle budtender suggests digging deeper