If you’re in the market for a luxury home or property, it’s important you work with agents that understand the unique demands that come with finding a luxury property.
Finding the perfect home is challenging enough, but when the stakes are raised and you’re spending a considerable amount of money, it’s even more important you work with the right agents.
To help to find the perfect agents, and to find the perfect luxury home, here is a look at some of the most important things you need to consider when looking for luxury property agents:
Experience
Experience is crucial in the luxury property market. There are various skills that are developed over time, and market knowledge and expertise is essential for agents to be successful in finding and securing viewings for homebuyers.
You should look at an agent’s experience in both the luxury property market and in the areas you’re interested in buying a home in.
If you’re looking for property in London, for example, you should always start with luxury property buying agents in London. Working with an agent located in London is going to make a huge difference to the service they’re able to offer.
Industry Knowledge
Many of the most desirable luxury properties are being marketed and sold without going through real estate brokers. This means unless your property agent has a lot of contacts in the industry, they will not know about many of the properties coming up for sale.
It’s hard to gauge how connected an agent is when you’re deciding whether or not to work with them. This is where taking into account their experience, the number of years they’ve been working in the area, and some other factors come into play.
Ask them about how many sales they’ve closed on recently, how many viewings they’re arranging, and what they know about the areas you’re interested in.
Professionalism
You can tell a lot about the potential service you’re going to receive from an agent by looking at how professionally they carry themselves.
It’s important you interview luxury property agents and ask them as many questions as they ask you. They should be personable, while also being very professional and explaining exactly how they are going to help you find your ideal home or property.
Take a good look at their website and online profiles. Everything should be up to date, as well as providing all the information you need to learn about the agent.
Reputation
Reputation is also a crucial factor when working with a property agent. This applies to both their reputation within the industry, so you know they have industry contacts and will be able to find you hard-to-find properties, as well as their reputation with previous clients.
You should always do some due diligence looking for reviews and testimonials online from previous clients. Property agents are always going to sell you the best of what they have to offer, you shouldn’t make a decision without some sort of recommendation where possible.
It’s not always a cause for concern if you can’t find any positive reviews as people never rush to leave a positive review. It is cause for concern, however, if you do come across negative reviews as that is something people are more inclined to do.
Services
Another thing to closely consider is the range of services a luxury property agent is offering as not all agents will offer the same service.
Some clients need a lot of post-sale services, such as being connected with contractors or local services. While some want help negotiating finance for the property or the sale price.
Communicate clearly to an agent what you expect from them before signing the contract.
