Luxury Property Marketing - Dominate The Uncontested Market Niche
Luxury Property Marketing - Dominate The Uncontested Market Niche
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Studying the pursuits of your clients is extremely important to your success as a luxury real estate marketing professional. Although this may not apply to all of your clients or to all luxury real estate markets, the quest to possess the finest and the rarest objects in the world is definitely one of the exciting sports of high net worth individuals.
Richard Lehman, noted investment advisor, puts it this way: "Think about it, what better way to bail out debtors and clear out an excess housing inventory than through inflating the value of hard assets and at the same time diminishing the value of debt claims?" And all the government entitlement programs are keyed to the rate of inflation, so the politicians look like heroes.
Most investors get "analysis paralysis" because they simply don't have the proper tools or experience to understand all the elements in analyzing a good real estate in Marbella. estate deal. Here are some of the concerns and stumbling blocks to 4 of the most common problems investors face along with simple solutions.
EO: Absolutely. This video is real estate development. going to be the first of two parts. The first part of our discussion is going to be based primarily on the initiative.....what it entails, where the routes are and what-not. The second part, there's obviously a la concha marbella penny sales tax that's involved and some controversy behind the penny tax,.....So what we're going to try to do in the second part, is talk about some of those issues with the penny tax and also the transportation initiative to help explore how much this makes sense for our area. The penny tax is a sales tax, correct?
Sugarloaf Foreclosures - The latest Foreclosure report shows 9 Sugarloaf homes that were given "notices of foreclosure" for the January 6th auction. Yes, there are a couple of well-known names on that list. This level of foreclosures is significantly higher than the 2-3 per month that we have seen throughout the year. In addition there are major builders of new homes in real estate company or service. Sugarloaf that had construction loans foreclosed upon by their banks. In 2008, there have been over 40 properties that have been given notices of foreclosure. There are currently 23 properties that are in some active form of foreclosure (from pre-foreclosure to bank-owned status).
Luxury real estate may also have historic value. Some of the more expensive homes were built between the 1800s and 1900s. So, in addition to prestige, such houses are also able to provide their owners with a more 'vintage' feel.
Don't spread yourself too thin: I know that I am not the only one that has ever piled too much on to his/her plate. Over committing to too many deals at one time (on more than one occasion) has almost cost me my entire bank roll. Unless you have completed more than 15-20 transactions, it will be wise to complete one deal, get it cash-flowing, then move onto the next.
If your competition in luxury real estate is heading in one direction take the opposition direction and stand out. Be a contrarian. Maintain your personal touch, even after you have sold the home. It will go a long way to build client loyalty and referrals. Report this page