In addition to the listings that are located within your official LeadingRE Member Coverage Area list on LeadingRE.com, all other qualifying listings in your state or province (if in the US and Canada) or country (if outside the US and Canada) will be displayed on LuxuryPortfolio.com. When properties are located in noncontiguous areas or outside of a members current DMA (designated market area) annual dues may be assessed for the additional market area.
If you wish to list a property outside your Member Service Area, State or Country, and are not able to refer the property or co-list the property, you may request consideration for inclusion on LuxuryPortfolio.com. However, all such listing display exceptions will be reviewed and approved/denied at the discretion of Luxury Portfolio staff on a case-by-case basis.
Member Service Area is defined as the geographic Area(s) or region(s) in which the member:
- Participates in transactions with agents licensed under their brokerage consistently,
- Operates an office, or offices which use the LeadingRE branding,
- Or where the member can physically and practically conduct business according to accepted standard real estate practices.
Minimum requirements for approval of such an exception include:
- There is not another Luxury Portfolio member in that market (if there is an existing member, out of state/province/country requests will be denied)
- You are licensed in that market, and will appear as the listing Broker of Record
- The listing meets appropriate Luxury Portfolio price requirements.
LUXURY PORTFOLIO ADDITIONAL TERRITORY POLICY
The market coverage and office locations listed on LuxuryPortfolio.com directly reflect the approved territories outlined in each broker member’s LeadingRE contract. No coverage areas will be approved by Luxury Portfolio International® without first receiving approval from LeadingRE.
Luxury Portfolio will recognize any new coverage area approved by LeadingRE. However, new coverage area that is technically a new market, includes significant territory and/or will result in the addition of a significant number of luxury listings, will very likely impact Luxury Portfolio dues.
In this event, once approval from LeadingRE has been achieved, Luxury Portfolio will work directly with the member to determine any dues changes according to the most current Luxury Portfolio pricing matrix.
Still have questions, email us at support@luxuryportfolio.com