MSM business
PATRICIA DELINOIS
MIAMI’S LUXURY
REAL ESTATE
MESSIAH W
ith a long-standing list
of accomplishments and
her sultry, chocolate
locks, real estate tycoon,
Patricia Delinois, President & CEO of Century
21 Premier Elite Reality, makes sure to get what
she wants – and visibly deserves. This Luxury
Real Estate Messiah and NBCUniversal Style
Network star, staked her claim to fame long
before Andy Cohen and pernicious catfights.
For the award winning broker, seamlessly
globalizing the 305’s real-estate market,
while helming 175 agents deemed a lucrative
cakewalk to the philanthropic enthusiast.
Although a fluent speaker in three languages
– French, Spanish, and English – the property
powerhouse fancies one language in particular
– selling; she fills us in on her landholdings
hypnosis that has foreign affairs and local
buyers alike, buzzing.
MSM: Did the credit crisis of 2008 have a
significant impact on your business and ability
to sell homes?
In 2008 we had over 46,000 properties
available for sale on the market. Clients were
asking for rentals, rentals, rentals!! Prices kept
dropping and real estate offices were closing.
Banks were not lending, mortgage brokers were all
closing their companies. It was a very sad, difficult
time and a tough process to get anything sold!
56 MSM Miami Shoot Magazine
Business PHOTOS COURTESY OF Geraldine Pavan
MSM: What makes Century 21 Premier
Elite Realty successful?
At the end of 2011 we noticed
that sales were up 4 percent from
2005 which was the boom year. A
shift was beginning. This shift we
were experiencing was due to the
foreign buyer. Miami was suddenly
on everyone’s radar. The Wall Street
Journal named us the “new global city”
62 percent of the buyers now buying
in Miami are foreign buyers and 90
percent of those buyers are buying cash.
What makes our company different is
we are an international company. We
focus on foreign clients from all over
the world. 48 percent of the business
done by Century 21 is outside of the
US. We are the most recognized real
estate brand in the world. We also are
the only real estate company to have an
inter-office MLS, providing access for
all of our agents and clients to listings
from all of our offices around the
world through our global MLS website
Century21global.com. MSM: Describe your average client
profile in the Miami market. Are they
in the market to invest or to live in the
property? The average Miami buyer is either
from one of the large northern cities
like New York, Chicago, Boston and
Washington DC or they come from
other countries in Europe, Asia and
South America. We currently have a
lot of traffic from Brazil, Argentina,