Magasine with a selection of beautiful houses for sale in Tuscany and Umbria.
Great Estate & Chesterton Group is an international real estate, specialized in selling farmhouses, hamlets and castles, luxury villas, historic centres, agricultural businesses and wineries, coastal properties, touristic businesses and hotels, investment opportunities and international properties located in central Italy and specifically in Tuscany, Umbria, Marche and Sardinia.
HISTORICAL VILLA ON THE HILLS OF CAPANNORI FOR SALE. BEAUTIFUL HOME WITH WONDERFUL VIEWS, EXCLUSIVE ITALIAN PROPERTY FOR SALE IN TUSCANY . WHETHER YOU WANT TO BUY, SELL OR INVEST IN LUXURY REAL ESTATE, OUR AGENTS ARE EXPERTS IN THE PROCESS OF BUYNG AND SELLING PROPERTIES IN LUCCA AND TUSCANY. OUR CONSULTING SERVICES PROVIDE ALL-INCLUSIVE REAL ESTATE ASSISTANCE
There have always been three different types of real estate: residential, commercial, and luxury.
What do you do when your audience is changing? In order to be successful, you too must adapt your strategy. One population that is quickly changing involves those who have traditionally been interested in luxury real estate.
Therefore, it is essential for investors to understand how luxury real estate buyers are changing in order to adapt their marketing techniques in an effort to meet the new needs of the luxury real estate customer.
Luxury Real Estate Buyers from 2008 to Today:
Over the last few years even those deemed “wealthy” have been holding tight to their savings and being more mindful of their purchases, partly due to a lack of confidence in the real estate market and overall national economy.
Luxury Real Estate Buyers in 2013
With luxury real estate buyers gaining confidence in the real estate market, you can expect to see an increase in luxury real estate purchases throughout 2013, especially since many people believe that home prices will only continue to rise and therefore the homes they purchase now will be worth more in the future - making real estate a “safe” investment.It is essential for investors and realtors to understand the mindset of these wealthy buyers. First and foremost, size does matter, but often not nearly as much as the artistic value the home has to offer - many prefers homes that lend itself to a great story.
Second, brand matters.
Just as wealthy individuals prefer brand name clothing, they also prefer real estate properties that have been branded.Finally, these individuals think about the potential to sell the property in a future and obtain a nice return on their investment; therefore, although they are wealthy they are still looking for a great deal.
Luxury Real Estate Investors and Realtors
Therefore investors and real estate agents must understand the difference in selling single-family homes and selling luxury real estate.When selling luxury real estate, you can expect transactions to take longer and you can expect to sell fewer properties; however, your fees (and the amount of money you take home) will be significant higher than if you specialize in selling single-family homes.Therefore, if you want to make it big in the real estate business, then you may want to look into selling luxury real estate throughout 2013.
In conclusion, the luxury real estate market will more than likely continue to grow throughout 2013 with many wealthy individuals opting to purchase real estate with the expectation that they can later sell the home once the real estate market is back to “normal” and make a profit.
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