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Luxury property management is the essential safeguard for high-value real estate assets, ensuring that preventative maintenance prevents million-dollar disasters before they occur. In this episode of the Dream Real Podcast, host Jason sits down with Jimmy Bissett, founder of Absolute Property Care, to discuss the intricacies of managing luxury estates in the Hamptons and the North Fork of Long Island. KEY TAKEAWAYS Preventative maintenance is the primary driver of long-term property value preservation, as deferred maintenance can decrease a home's resale value by up to 10 percent according to industry benchmarks. Technology integration, including remote HVAC monitoring and smart security, allows for 24/7 asset protection without the need for constant physical presence. The utility room is the brain of the house, and regular inspections of HVAC, plumbing, and electrical systems are mandatory to avoid catastrophic failure. Vetting vendors requires a 2.0 word of mouth approach, utilizing digital networks and social proof to ensure service quality and reliability. FREQUENTLY ASKED QUESTIONS Question: What is the difference between standard property management and luxury estate management? Answer: Luxury estate management focuses on high-end residential assets and includes specialized concierge services, complex engineering maintenance, and direct homeowner relationships rather than managing tenant portfolios or large apartment complexes. Question: Why is preventative maintenance important for real estate investors? Answer: Regular maintenance acts as an insurance policy against large-scale expenses. Just as physical health requires consistent effort, a property requires routine trimming, cleaning, and tuning to ensure it performs at peak efficiency and retains its top-line market value. If you are looking to buy, sell, or invest in real estate, understanding the backend of property care is vital. Subscribe to the Dream Real Podcast for more expert insights into the luxury market. 🚀 READY TO TAKE THE NEXT STEP? 👇 FOR BUYERS, SELLERS & INVESTORS Ready to make a move? Whether you are looking to buy your first home, sell your current property, invest, or even rent in New York, we are ready to help you reach your goals. Let's make your dream a reality. 👉 Visit: [https://dreamselectrealty.com](https://dreamselectrealty.com/) 👇 FOR ASPIRING AGENTS & STUDENTS Thinking about becoming a real estate agent in New York? If you are currently studying for your exam, or you are a new agent trying to find your footing, we have the tools to get you across the finish line. Don't struggle alone! 👉 Visit: https://dreamselectbootcamp.com CONNECT WITH DREAM SELECT REALTY 📞 Call us: 631-623-7117 📧 Email: [hometeam@dreamselectrealty.com](mailto:hometeam@dreamselectrealty.com) 📸 Instagram & TikTok: @dreamselectrealty 🐦 Twitter: @dreamselecthome 🛑 **Disclaimer**: This content is for informational purposes only and does not constitute real estate or financial advice. Always consult with a licensed real estate professional before making decisions about your property.