Customers ask me what it’s like to sell luxury real estate. As you read below, you’ll discover what it takes to succeed in the luxury real estate market. If you are a consumer you must factor this information in when hiring an agent.
Here’s what you’ll discover when you enter the luxury real estate market:
1. Luxury agents must protect your privacy – The homes they show are appropriate only for a handful of buyers. They may go unlisted to protect a high-profile seller’s privacy. What’s more, they’re often found through personal connections rather than public open houses.
2. Each property requires its own marketing plan – this is because a luxury home will likely be bought by an out-of-state buyer.
3. A good agent will bring the seller only qualified buyers - this may require asking buyers to show asset statements. Qualifying these prospects is different from mortgage prequalification or preapproval, which show that a buyer can borrow to buy. Many luxury-home buyers will use cash or convert other assets to cash. These buyers are asked to demonstrate which assets will go toward the purchase.
4. Working around buyers’ busy schedules is critical!
When you hire me to help you buy or sell your luxury home, you will find an agent who protects your privacy, develops a unique marketing plan, finds only qualified buyers, and is available to service a buyer with a crazy schedule.
If you’re in the market to buy or sell your luxury home then you should call my office today…especially if you want to guarantee you get the privacy and attention you deserve! Call 817-975-6607 or visit www.whenlifemovesyou.com
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