Here's 'Selling the Hamptons' star Peggy Zabakolas's advice for luxury home buyers

Real estate in the Hamptons has been booming since the pandemic hit as wealthy New Yorkers have sought an idyllic escape from the city. For much of the past two years, sellers have seen unprecedented interest, and many buyers have been outbid.

Zabakolas talked with MarketWatch about her career, her love of Louboutins and predictions for the luxury home market.Peggy Zabakolas: I think nowadays we need to do something to differentiate ourselves from other agents, and the fact that now I have this whole platform — whether it’s social media or Discovery+ and other channels — I can fortunately advertise and market and reach a broader reach of buyers and sellers.

PZ: My number one advice that I always tell everyone whether it’s your first or second home: I wouldn’t always necessarily wait for the right time because the right time realistically is when you can afford it so you don’t become — I don’t want to say ‘house poor’ — but you don’t want to put all your money into something and then just live and struggle through.

I also think real estate is a good investment because it’s a tangible property as opposed to stocks where you never know what can go up and down and how things are working. Even with crypto, you just don’t really necessarily know.PZ: The majority of the homes that I’m personally seeing are gravitating more towards ‘full service’ or amenity driven.

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