Top 3 Reasons to Sell Your Luxury Home at Auction

Top 3 Reasons to Sell Your Luxury Home at Auction

It is always a difficult decision to decide to sell a property, especially with luxury real estate. Once you make the decision to sell, most people have several goals in mind. As a seller you want to get maximum value for your property. You don’t want to spend too much of your own time in…

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The Age of the Global Real Estate Agent

The Age of the Global Real Estate Agent

There is no denying we have entered a global real estate market. No longer do high-end buyers and sellers solely consider their “home town” when making transaction decisions. Rather, their economic mindset is on the global economy, their property holdings around the world, and how all of their investments are performing — both domestic and internationally. In turn, a new age has dawned for the luxury real estate agent. Today, agents must be knowledgeable not only about their local markets but also about trends and pricing on a global scale. Each of their clients likely owns properties in multiple locations and…

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6 Reasons Auctions Work in Selling Your Luxury Home

6 Reasons Auctions Work in Selling Your Luxury Home

Frustrated with trying to figure out what to do about selling your luxury home? Nearly every luxury home owner eventually comes to this point, whether it be moving cities, upsizing or downsizing, or moving a second or third property. Selling your luxury home through a traditional real estate transaction can take up to five years in some cases, leaving you with carrying costs for an unpredictable time frame. There are a number of problems that the traditional real estate sales process presents, especially in the high-end real estate market. Real estate auctions aim to fix many of those problems. You…

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Frequently Asked Questions on Luxury House Auctions

Frequently Asked Questions on Luxury House Auctions

Yes, everyone knows what FAQs are right? Needless to say, we get questions from buyers, sellers, and agents about the real estate auction process every day. The long and short of it is that auctions are a win-win-win for all three of the major parties. But this post is concerned with buying. If you are in the market for a luxury home, then buying at auction is the smart way to buy your new home. Why? Because you pay what the property is worth on auction day – the true market price. After all, the other bidders will be in…

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Closing at a Real Estate Auction = The Easiest Transaction of Your Life

Closing at a Real Estate Auction = The Easiest Transaction of Your Life

In any real estate purchase, closing costs vary from transaction to transaction, and from state to state. That’s the case at a luxury real estate auction as well. Potential buyers should review the Terms and Conditions of Sale for each specific auction in which they plan to participate, so they are aware of and prepared for the expenses involved. Do your research, review the Auction Terms and Conditions, and if desired seek professional guidance from your real estate agent if you plan to participate in a luxury real estate auction. Though not set in stone, upon your review of the…

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Put Your Photos in Order!

Put Your Photos in Order!

It sounds easy, right? Purposefully order the pictures on your real estate listing. I’ve come across many listings where it seems the photos were simply uploaded in bulk without further consideration. My advice: It’s worth your time to make the finishing touches and improve your viewer’s experience. The easiest rule-of-thumb for photo order is to think as if you are approaching the property and walking through the house for the first time. Or leading a client on their first preview. Start with the front or an overhead shot. We refer to this first image as your trophy shot. Choose the…

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How to Find a Buyer That Will Truly Appreciate Your Luxury Home

How to Find a Buyer That Will Truly Appreciate Your Luxury Home

If you are like most of our sellers, then you have invested a lot of time and effort into your luxury home. From furnishings, amenities and landscaping, to the layout and even staff. You have built countless memories there with your friends and family, and you know what a joy the home will bring to its next owner. So, you want to sell to someone who is appreciative of the property and is willing to pay a fair price. In order to find that right buyer, details are key. The home should be showcased as a great place for its…

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Big Sky, Montana aka The Perfect Place for a Luxury Vacation Home

Big Sky, Montana aka The Perfect Place for a Luxury Vacation Home

If you are looking for the perfect place for a relaxing and private family retreat in the mountains, then Big Sky, Montana is it. Say goodbye to the busy slopes and party atmosphere that can be found in other Rocky Mountain resort towns. In a recent video for a ranch near Bozeman, Montana that we auctioned off, the tagline was ‘Beauty. Adventure. Recreation. Wildlife.’ And the same holds true for nearby Big Sky. This peaceful resort town offers some of the world’s most impressive luxury vacation homes, in an area that historically maintained a “hidden gem” cache. Well, there’s no…

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Luxury Home Auctions Myth: Auctions Cut Agents Out of the Sales Process

Luxury Home Auctions Myth: Auctions Cut Agents Out of the Sales Process

But what about my commission? That is the first thing many agents ask when learning about the auction process. As well it should be. You are a trained professional and deserve the going rate for helping to facilitate any real estate transaction. The idea that home auctions cut agents out of the sales process is a myth. There are some foreclosure auctions, and online auctions that do not ensure a commission for agents, but with a luxury real estate auction the agents are an integral part of the process. Some high-end auction firms accept properties that are not represented by…

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SXSW Interactive: 5 (more) Sessions for Real Estate Social Media and Technology

SXSW Interactive: 5 (more) Sessions for Real Estate Social Media and Technology

Earlier this week I jumped into the details from South by Southwest with 5 Sessions for Real Estate Social Media and Technology. This is a continuation of that post…hint the title. Again, this is a mix of current and usable social media trends and technologies, as was the entire conference. Some of these things you can start using today. Others may be five years away (or six months away at the pace technology is moving). In chronological order, with the event-related hashtag: 1. Being Social with Grandma: Social Media for 50+ (#SocialAARP): Two AARP executives gave their take on social media…

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