3 Things To Ask A Real Estate Agent When Buying A Luxury Home

Buying a luxury home can be a completely different experience than that of buying a non-luxury residence. If you have recently found yourself in a position to invest in a luxury home, but have not gone through the process before, keep reading to discover just a few of the things you should ask a real estate agent before signing your name on the dotted line.

Testimonials

An experienced and knowledgeable real estate agent should have no problem giving you more than a few testimonials that speak to their expertise in the luxury housing market. While some luxury real estate agents may occasionally dabble in helping people buy and sell non-luxury residences, most are committed to their specialty. You should be able to access past listings they have represented, how much the properties have sold for, and how long they were on the market, along with any other pertinent details specific to your situation. Having confidence in your agent's ability to represent you during the purchase of a luxury home is nothing less than essential.

Listings

Experience is valuable, but only insofar as it manifests the greatest possible number of options for clients. Unlike the non-luxury real estate market, many luxury home listings are actually never marketed to the general public. This means you won't find them on any website (even ones claiming to specialize in luxury homes), and you certainly won't see a "For Sale" sign at the front of the property either. Ask your preferred real estate agent what tools they use to find listings that may not be visible elsewhere. This can be the difference between settling for a property you are merely satisfied with and finding your dream home.

Confidentiality

Another common concern for those interested in entering the luxury home market is confidentiality. There are more than a few reasons — many of them related to security — that a person may want their purchase of a luxury home to remain a largely private matter. If you find yourself prioritizing privacy, then don't hesitate to ask your real estate agent about the various industry mechanisms by which they can protect it. Experienced agents who value privacy and security will have no trouble setting up a trust or Limited Liability Company (LLC) on your behalf. This means that internet sleuths who attempt to identify a buyer will come up against a name completely disconnected from you and your personal information.

To findluxury homes for sale, contact a real estate company today.

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