Looking for a luxury home isn’t the same as looking for an ordinary condo or house. You can’t just drive through a neighbourhood that strikes your fancy and immediately spot a residence that matches both your needs and your dreams, and that just happens to have a “For Sale” sign outside the gate. Most truly grand (and sufficiently private!) properties won’t have a sign posted at all.
The owners of many such properties may discretely let it be known in personal social circles that they are interested in selling their homes. But what if you don’t move in the right circles, and never hear about a property that would be perfect for you?
The Internet and newspapers are so full of advertisements that you be unlikely to locate your dream luxury residence by simply checking under “Luxury Homes for Sale.” And just like in the case of posted signs, most truly grand (and did we mention “private”?) properties just aren’t advertised that way.
Figure Out Your Requirements and Seek Professional Advice
If you were thinking of spending similar amounts of money on any other type of investment that you will need to spend on a luxury home, wouldn’t you seek professional advice from business analysts, stockbrokers, and bankers? Wouldn’t you want them to suggest investment opportunities, and provide informed professional feedback on any investment ideas of your own?
Buying a luxury home is no different. This is the type of job that needs a real estate professional, and not just any professional. Some realtors are not prepared to actually serve the specialized needs of luxury clients – they just sell those ordinary condos and homes. No doubt realtors like that are good at what they do, but just like in any other profession, there are real estate specialists. You need to consult a professional specializing in luxury real estate, who can serve their clients and customers in the manner they deserve.
Think carefully about your needs, and establish a list of requirements. Are you looking for an elegant urban residence, or an estate outside the city? No matter how good your real estate specialist is, they can’t read your mind. Once presented with your basic requirements, a luxury real estate specialist will certainly be able to suggest other criteria as well, once they have an idea about what your needs and desires are.
Get the Information You Need To Get What You Want
A luxury real estate specialist provides you with the information that you need to properly locate, vet, and purchase a luxury home. They know about appropriate areas, about luxury homes for sale that may not be publicly advertised, and may already be aware of problems with that property you had your eye on.
They save you time and disappointment. And they know the market – while price is not a main concern for someone in a position to buy a luxury home, why pay more than you have to?
The Goodale Miller Team is the #1 team in Canada for Century 21 11 years running. Specializing in Oakville luxury real estate including Lakefront homes, infill building lots, condominiums and more. For Oakville real estate news and more join their Facebook page today!