WHAT IS A LUXURY AGENT AND WHY DO YOU NEED ONE WHEN BUYING HOMES FOR SALE?
Any luxury homes on the market are going to be priced much higher than remaining homes and might be more exclusive to get into as well. As you explore your budget and your home options, you might run across a term in real estate you haven't heard before: luxury agents.
What is a luxury agent and why might you need one while looking at real estate? Learn more here so you can be best prepared to hit the market hard when you find the right home for your needs.
1. What a luxury agent is
A luxury agent is a real estate agent who specializes in the top-priced real estate in their licensed area as well as the people who are looking to buy or sell these types of properties. They work hard to get luxury homes for sale into the right hands and know how to market properties so they appeal to the right audiences.
A luxury agent also understands the market well and knows what lenders expect of people who are looking at luxury homes for sale. Since luxury homes make up a tiny percentage of the market but cost the most, it can be hard to both buy and sell this elusive home, which is why having the right luxury agent is key.
2. Why you need a luxury agent
If you are looking at luxury homes for sale, you need a luxury agent to represent you. You need credibility as a home buyer and the backing of a luxury agent to show home sellers that you're serious. You also have to be more transparent in your finances when buying luxury homes than you might have to be with other types of home purchases; being represented by a luxury agent will help you put your money where your mouth is, so to speak. You will be represented by word of mouth, on paper, and best of all, via your credibility and ability to make a realistic offer once you find the right home for your needs.
If you're serious about looking at luxury homes for sale, you need a real estate agent who can help you get into the right home for your needs and budget. A luxury agent will work the market, get you in contact with the right people, and will use their resources to find you the best luxury homes for sale on the market, even if they haven't hit the market yet.
If you are planning to selll your Luxury Home you need more than ever a Luxury Specialist, able to do a personalized advertising for your house. Marketing for Luxury properties is different and it is aimed to buyers able to appreciate and pay more for luxury features. A regular real estate agent ableto sell a normal house succesfully, will make you lose money if you hire him to sell a luxury home. Luxury Marketing and negotiation skills are a most in a luxury market.
FEBRUARY LUXURY HOME MARKET REPORTS
Toronto: Click HERE USA/ Canada Click HERE
York: Click HERE
Durham - GTA: Click HERE
Oakville: Click HERE
Waterloo: Click HERE