When Buying Luxury Real Estate Naples FL Buyers Need Professional Help

By Patty Goff


When buying or selling properties there are always a large number of potential pitfalls. Many people allow their emotions to override their common sense and they are then in great danger of making mistakes that will be dearly regretted at a later stage. A qualified and reputable realtor can help buyers to remain realistic. When looking around for luxury real estate Naples FL buyers will be well advised to obtain the services of a top realtor that knows all about this specific market.

High end properties are in a class all of their own and not every real estate agent can provide professional services in this area. It is generally best to try and secure the services of an agent that is not only knowledgeable in the luxury property market, but that also boast qualifications in property law and finance. Potential buyers should insist upon references and they should take the time to follow them up.

Realtors that cater exclusively for buyers of high end properties normally maintain small portfolios of clients. This allows them to spend adequate time on the requirements of each client. Buyers should insist upon individualized service. Experts agree that it is not advisable to make use of a realtor that represents both the seller and the buyer. The likelihood of conflict of interest arising is simply too high.

Potential buyers should make the time to sit down with the realtor to give him as much information about the sought after property as is possible. It is vital that the realtor has a detailed picture of exactly what it is the buyer requires. If this is not done the likelihood of finding the perfect property is small. The realtor should also be fully informed regarding the budget that is available and the parameters within which he is willing to negotiate.

Buyers of luxurious homes are almost inevitably very busy people. They simply do not have the time to view all the properties that may suit their requirements. Professional realtors realize this and will assemble detailed dossiers on each potentially suitable property. This dossier, which should include photographs and even video, can them be studied by the buyer and eventually a shortlist can be compiled.

Discerning buyers view all property transactions as investments. They need to be sure that their investment will be secure and that the value of their properties will yield a profit over the long term. The realtor must therefore supply the buyer with statistics regarding the performance of the property market in the area and details regarding the general development plans for the entire area.

When the buyer makes a final selection the realtor is often tasked with handling all negotiations with the seller and his agent. Realtors are often motivated to achieve the best possible deal by working towards a performance bonus. Once the deal is clinched, the realtor needs to liaise with the transfer lawyers and the representatives of the buyer.

Buyers in the market for high end properties normally know what they want and they want professional service. Realtors that succeed in this market understand the needs and peculiarities of their clients. They need to be able to provide superior service and they need to be able to use their own initiative.




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