In today’s economic environment, many new property buyers are encountering a vast array of houses that are available on the market and selling them. One area of real estate that may be as confusing as it is intriguing is that of luxury homes. Luxury homes are widely available, yet there are many prospective home owners that may not be aware of what exactly differs between a luxury home and more standard fare.
Luxury homes are almost always in a highly desirable location. Sometimes this means that the home is located within a gated community with access to tennis courts, a fitness club, or a private golf course. Other times, this may mean that the home is more secluded, surrounded by land, nestled within mountains, or with a waterfront view. The luxury home could be on a private island or could be in the midst of a large, bustling city. Whatever type of location the prospective home owner prefers, luxury real estate can likely be found quite easily.
Another aspect of a desirable location is the presence of excellent schools, museums, or parks. Low crime rates, the absence of noise pollution, and low traffic also contribute to the peace and charm of luxury living. More standard houses can quite possibly offer some of these items, but may not do so in as lavish a fashion as a luxury home. Such houses are generally very well appointed, with a great deal of square footage, multiple bathrooms and bedrooms, and space to move about freely. Though it is possible that some luxury homes can be on the smaller side, they always provide the home owner with an experience that is unique to those who purchase these more exuberant houses.
Local landmarks can also add to the desirability of an exclusive location. Luxury houses can be located near a waterfall, national park, ocean, or architectural structure. Ease of access to items such as these only enhances the enjoyment of luxury living. Many homes in this category even offer spectacular views of these items, giving the occupants an even grander sense of extravagance. Homes such as those with a view of New York City’s Central Park; within the secluded, mountainous region of South Africa or a beach front villa in the Turks and Caicos Islands are just some o the examples of luxury living at its finest.
An oft overlooked sign of luxury real estate is the serenity one feels when dwelling in an environment that is not only mostly free from crime, but is also located within a serene environment, giving the home owner a sense of freedom and ease. Because of this, luxury living is a wise choice for almost anyone. Families with young children can benefit greatly from seeing their offspring grow with an atmosphere of quiet and calm. Those who live singly are able to relax without being met with the noise or frantic pace of other types of real estate. Seniors can retire in tranquility, taking advantage of the ability to unwind in an opulent location. A luxury home is desired by many, but what these individuals do not realize is that they can reap far more rewards from living in a luxurious environment than they ever thought possible.
Luxury Apartments Sandton
Most people don’t buy or sell real estate very often, so lots of myths have grown up around the processes and people involved. Here’s an examination of the top 10 myths about real estate.
Myths about Real Estate Agents
1) All real estate agents are the same
Totally false. Commissions, working practices and success rates vary vastly across agents. Do a little research to find the right person to work with.
2) All estate agents make a fortune
False. The commission may seem like a big chunk, but most agents only get paid when a deal goes through. Many houses are marketed by multiple agents.who may put in lots of work for no return on some houses.
3) Estate agents will do and say anything to make a sale
Almost always false. Sure there are dishonest estate agents out there, but most rely on client satisfaction and recommendations to thrive, so it’s in their interest to be honest.
Myths about Selling Houses
4) You don’t need to prepare a house for sale
So false it could cost you thousands! Most buyers want a ready to move into house, and don’t have a lot of imagination. General cleaning, minor repairs, and tidiness make a real difference to the chances of selling a property quickly and for the best price.
5) You’ll make more if you market the property yourself
Generally false. You won’t pay commission, but the agent will reach a far larger audience than you can, and they have the expertise to make sure the deal goes smoothly.
6) You should price high so you can come down
True, to a limited extent. There’s no harm in putting your hoped-for price up as a starting point, but you need to be realistic. Potential buyers won’t even look at a place that’s totally outside their price range.
7) If a property doesn’t sell in the first month, it won’t sell at all
Generally true! Potential buyers will look with suspicion at anything that’s been on the market for a while. This is the major reason why getting the price right and preparing the property for sale are important.
8) Spring is always the best time to market a property
Often true…But some properties have special circumstances. A beach house will sell better in high tourist season, while a ski chalet might do better if marketed in the winter.
Myths about Buying
9) You don’t need to worry about the finances until you’ve found the right house
False. Having your financial arrangements in place before you find your dream property means you can move quickly. This could make the difference between securing the deal or getting pipped at the post.
10) You can’t go wrong by investing in property
Mostly true…in the UK. The ups and downs in the property market over the years have left people with negative equity for a time, but the chronic housing shortage in the UK generally makes property a safe investment. Still things can go wrong, surveys and searches help reduce the risk of this.
If you’re buying property out of the UK things, become more complicated You really need an agent who’s familiar with the local regulations and market conditions, such as Saas-Fee real estate which offers properties in Switzerland.
Most other countries don’t suffer from the chronic property shortage which keeps UK prices high, so you need advice to make sure your investment is sound. Also the rules and regulations are different in different countries, again an agent that understands the local requirements will make sure you’re fully legal and protected.
Airbnb: Living in Someone Else’s House (x25)
Despite the hype that surrounds the idea of holding an open house, Boca Raton houses for sale are vastly underrepresented in that particular area.
According to the MLS, within the next seven days there are 23 open houses scheduled in Boca Raton. That’s out of 2,709 current properties for sale.
That means fewer than 1% of homes for sale hold themselves open. So for prospective sellers of homes in Boca– or anywhere else — who are wondering if holding an open house is a vital part of the sales process, the answer appears to be a resounding, “Probably not.”
Open houses used to be an important sales tool
Once upon a time in the land of real estate, open houses were considered an essential selling tool. People came from miles around to visit homes for sale because there was no other way to see what was inside.
The listing broker and the mortgage broker used the occasion to meet people and add to their customer lists. And sometimes they were even able to sell the house to one of those visitors.
Today, however, the Internet has obviated the need for open houses. Why drive 30 miles to visit a property that you can look at while sitting around in your underwear at home?
Nonetheless, if you are planning to run an open house — or if you’re just planning to sell your home — here are 8 suggestions that will improve the open house experience of those who attend. They’ll also help your Boca Raton real estate agent to acquire some additional customers.
Clean up your kitchen.
As we all know, the kitchen is the showplace of a home. It’s the first and last place buyers look. But they don’t just look at the kitchen. They look in the kitchen. Everywhere. Cabinets, drawers, oven, and even in the refrigerator.
Remember, they will be buying those appliances, as well as the cabinets, sinks, and counter tops.
So make sure all of these places look (and smell) as clean as is humanly possible. A gross kitchen is a huge turn-off.
Clean up your bathrooms
You have to clean the sinks and the showers and the bathtubs and the toilets. You also need to vacuum up the stray hairs on the floor that we all leave behind.
Sure you’re only human, but not when you’re trying to sell your home. That’s when you’re forced to become a lean, mean, cleaning machine.
So remove your bath towels and put out fresh hand towels every day. First, because the appearance of clean, fluffy towels is more appealing. And second, because many of the people coming through your house will use your bathrooms. Unless you want to use the same towels they do, change them each day.
Clean out your medicine cabinets.
Doesn’t anyone respect privacy anymore? No, especially not when your house is for sale. So take anything that is private out of your medicine cabinets and your bathroom drawers. Your medical information is displayed on our prescriptions and identity theft is an unfortunate fact of life today. Don’t make it easy for someone to make your life much harder. Put your medications away somewhere safe.
Remove any valuables
You may keep your jewelry in the dresser so that it’s handy for your own use. But you don’t want it handy for the occasional light-fingered visitor who may see your open house as an opportunity to enhance their own collection.
Similarly, if you have collectibles that are small and valuable financially, or just important to you, remove them and place them somewhere relatively inaccessible and out of sight.
Take your pets for a walk
Leaving your pets in the house is a huge no-no. Many people are not pet lovers, so they will not appreciate the fact that your pooch is just being friendly.
Also, even though you may not notice it, pets leave their own odors behind. It’s a fact of pet life. You are inured to them because you live in the house.
People who don’t live in your house and who do not have pets — but do have noses — will notice those aromas. Clean up around your pet areas and spray around the house and use common sense to minimize pet scents.
Don’t leave your pet in the crate
Some animal lovers may feel this is cruel. Non-pet owners may feel the same way. Even if they don’t, the barking may unnerve them. Don’t take a chance on creating any kind of negative feelings during a potential buyer’s visit to your home.
Ask a friend to do a white glove test.
And a sniff test. If cleaning the house has not been your strong suit previously, it won’t be when it’s time to show off your home.
If you’re not sure, bring in a couple of friends and ask them to give you an opinion. If they say the place looks great, give yourself a round of applause and know you’ve done a good job.
If they say something like, “Well, it’s not so bad…” then hire a cleaning service. It’s worth the small cost to get your home sold.
Clean up the outside.
The old cliché about judging a book by its cover applies to the curb appeal of your home. If potential buyers don’t find the appearance of the front of your house inviting, they are likely to turn around before they get to the front door.
What a Luxury Apartments Should Have?
5 Reasons Why 30A Luxury Homes Make the Best Investment
If you are one of the many people dreaming of owning a gulf front home as an investment property but are confused with all the choices on the market, you could start by looking at 30A luxury homes for sale with gulf views. If you are looking for low-maintenance properties, you may want to consider a gulf front condo.
Many buyers are anxious, or hesitant, about buying Gulf front properties because of the high cost associated with maintenance. However, there are fabulous 30A luxury homes, with gulf views, or even gulf front condos, where the maintenance is less costly. In fact if you purchase a gulf front condo (or any condo for that matter) the Condo Association is responsible for the maintenance!
Here are 5 reasons why you should buy a 30A luxury home for sale:
1. A beach home is more than just the structure.
Buying a home along 30A is more than just buying gulf front property…It’s a lifestyle. If you prefer to walk and bicycle everywhere (park your car when you arrive and don’t think about driving until you leave), then check out these Scenic 30A communities: Seacrest Beach Homes for Sale, Rosemary Beach homes for sale or Alys Beach Homes for sale.
Maybe you want to be a bit more ‘remote’? And ‘remote’ along Scenic 30A is a 5–10 minute drive to get to your destination! If so, then one of these communities might be of interest: Seagrove Beach, Grayton Beach or Blue Mountain Beach.
Properties with beach access are just as popular whether or not they are directly gulf front.
2. A struggling economy makes beach homes more affordable.
A struggling economy, in general, lowers the demand for luxury homes and beachfront property. This means that it is a great time for investors to buy gulf front property and luxury homes along 30A at a reduced price. Waterfront properties are priced lower than they were just a few years ago and will be the first to recover now that the economy is starting to improve.
3. Beach homes make great rental properties.
You can rent out your 30A luxury home on a weekly, monthly, or seasonal basis, to help offset costs. Scenic 30A is a special place where people can take a vacation any time of the year. Let your luxury home earn for you all year long by having the guests pay for it!
4. Take a beach vacation any time.
Because you already own a home along 30A, you can save thousands of dollars when you take a vacation by simply visiting your luxury home. Having your own rental property can make vacations easier to plan and more affordable. You get to take a vacation, in one of the world’s most beautiful destinations, without having to worry about lodging expenses in a faraway place.
5. Live in your very own home along 30A.
If you choose to, you can make your 30A luxury home your primary residence. In Florida, when you live in a property full-time, you can save money on property taxes by claiming a homestead exemption. Living in your own beach home along 30A allows you to enjoy the pleasures and laid back lifestyle of living in the area!
When choosing an investment property, make sure you are making the right decision by consulting an agent who knows the area well and has a lot of experience with 30A luxury homes. You can visit www.30ALuxuryHomes.com to get more information about buying homes along 30A.
Call me, Debbie James at 850–450–2000. Let me provide you with all the information and tools you need to make your dream 30A luxury home a reality.
Somers & Company
Accredited Luxury Home Specialist
“When Quality Service & Experience Matter”
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