Over the past 50 years, the luxury real estate market has transformed. Luxury properties are no longer just for the ultra-rich or celebrity figures, they’ve instead been redefined and reshaped by the buyer’s market itself. Gone are the days of $10 million dollar penthouses, and in are more affordable luxury properties fit for a broader and more varying audience.
- The luxury homebuyer includes a wide range of clients, and that means breaking down their specific wants and needs
- Quality and location are key components to helping a luxury buyer find the perfect home
- Agents should be sure to set themselves apart from other agents and keep current with trends, developments and conditions