Selling high-end properties in Beverly Hills is different than selling a lower-priced property in a lower-income location. To ensure you get the high-end price your property deserves, here are some guidelines that should be part of your strategy:
The first thing you need to determine is the type of buyers you can expect when selling a high-end property in Beverly Hills or other exclusive neighborhood. Luxury properties typically attract affluent individuals and families, which is a small niche in the market. Trying to widen your chances by attracting those who cannot afford the price you are asking for will be a waste of your time. The longer the property remains on the market, the lower its value.
Determine your ideal buyer by asking yourself a few questions. Are you selling to families? What are the unique selling points of the house that they would like? Is it close to schools, restaurants, and shops? The answers will help attract potential buyers who may be willing to make an offer immediately.
Contrary to popular belief, a luxurious high-end property in Beverly Hills, Belair, Hollywood, or Brentwood does not have to sell at the highest price you can get for it. A good rule of thumb is to ensure the price remains competitive, i.e., comparable to other luxury high-end properties in Beverly Hills or in the immediate area.
While expensive properties usually remain on the market longer compared to the non-luxury variety, the competitive pricing will attract more prospective buyers who may be looking in and around that price range.
Professional luxury realtors with experience in buying and selling high-end properties in Beverly Hills, Belair, Hollywood, Brentwood, and other like areas, can navigate this unique niche market expertly. This includes determining the price that a particular property should be sold for, how the home should be staged, the type of buyers you should target, and how it should be advertised to appeal to said buyers.
This is where the services of Pezzini Luxury Homes come into the picture. Luis Pezzini is a leader in the LA real estate scene and particularly proficient in buying and selling high-end properties in Beverly Hills and the surrounding areas to investors, individuals, and clients overseas. Some of his influential clientele include foreign investors, people from the entertainment industry, and foreign nationals who need to invest in upscale and commercial real estate.
Pezzini Luxury Homes is the premier source for information and services pertaining to real estate, and their services are not limited to Los Angeles but also cater to Bel Air, Santa Monica, and other areas. Contact us by filling out our form or by dialing 1-310-275-2076.
This is where the services of Pezzini Luxury Homes come into the picture. Luis Pezzini is a leader in the LA real estate scene and particularly proficient in buying and selling luxury properties for investors. Some of his influential clientele include foreign investors, people from the entertainment industry, and foreign nationals who need to invest in upscale and commercial real estate.
Pezzini Luxury Homes is the premier source for information and services pertaining to real estate, and its services are not limited to Los Angeles but also cater to Bel Air, Santa Monica, and other areas. Contact us by filling out our form or by dialing 1-310-275-2076.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from CARETS as of 8/26/22 9:27 AM PDT. The information being provided by CRMLS & CARETS is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.