High-rise Living in Houston by Jacob Sudhoff
Houston is truly becoming a condo market unlike ever before from both a mid-rise and high-rise standpoint. People are looking for a lock-and-leave lifestyle for several reasons including stress-free living, security and desirable locations. Condo buyers in today’s market are people thinking about the future. The demographic, depending upon the condo project, falls into two major categories: young professionals and empty nesters.
Young professionals moving out of apartments are looking to build equity while still living a low maintenance, convenient lifestyle. This demographic is attracted to the fixed cost of ownership that condo living offers. Things break in a house, a roof needs to be replaced but with a condo unit it’s not an issue.
Low maintenance living is equally attractive to empty nesters. Condos offer a wonderful quality of life while eliminating the stress of worrying about the garden and pool. In a condo 1600 sq. ft. can feel like 2000 sq. ft. Unlike townhomes with multiple levels and staircases, you simply don’t need as much square footage in a condo for it to feel spacious. It’s less cost of ownership, less in taxes, all wrapped up on one convenient floor. People are also often concerned about HOA dues. Dues are starting to come down in numerous buildings. For example, our projects have low HOA dues because we don’t offer common amenities. There are no massive pools or common areas. It is still less expensive than home ownership and you get a lot of value on those HOA dollars.
The bottom line is whether you are a young professional, empty nester or somewhere in between, condo living offers a stress-free, lock-and-leave lifestyle that is becoming increasingly attractive to Houstonians.
Jacob Sudhoff
CEO and Founder
Sudhoff Properties
Jacob Sudhoff began his real estate career at the ripe old age of sixteen. With the help of a local agent, the Corpus Christi native began buying and selling homes during his high school years. In 1997, Mr. Sudhoff cold called Marilyn Hoffman of Dallas-based Hoffman International and convinced her to allow him to open a hometown Hoffman branch. Jacob Sudhoff founded his first company, Sudhoff Properties, at age 22, honing his innovative business model to include commercial as well as residential real estate. In August 2010 Mr. Sudhoff started Sudhoff Properties, a full-service, real estate marketing firm in Houston.
Sudhoff Properties offers comprehensive builder, land and investment services for residential developers. The Sudhoff team uses proprietary lead generation software, along with marketing strategies to top agencies to develop sales traffic for some of Houston’s top builders and communities as clients, including Interfin, Pelican Builders, Röhe & Wright and the Butler Brothers. Sudhoff’s partnerships are designed to create a synergy that benefits all parties and effectively saves clients time and money in coordinating and securing many of the services on their own. Additional services include collateral development and printing, signage, public relations, website development, SEO services, social media, on-site sales management, appraisals, lead cultivation and customized call centers.
Sudhoff Properties now has more than 35 full-time employees and 30 sales agents. Closed transactions have climbed to the hundreds of million-dollar mark and currently, nearly $100 million dollars of inventory in escrow.
Mr. Sudhoff has received many professional awards including the Best of Business Award in the Real Estate category, bestowed by the Small Business Commerce Association.