Selling a luxury home priced more than $1 million in Las Vegas can take a long time, however, expert marketing and a top real estate agent can reduce the amount of time it takes to sell a luxury home. It isn’t uncommon to drive by a high priced house month after month and see a for sale sign outside. Sometimes it can even take years if the home isn’t price competitively. Some tips can help sell your luxury Las Vegas property fast, yet for the most money possible:
Sell Your Luxury House
1. Hire a luxury homes expert who is a specialist in the neighborhood.
Las Vegas agents specialize in specific neighborhoods and this makes them a local expert. They will understand what buyers in the area are looking for and how certain aspects of a property can affect the price.
2. Price your home right – don’t overprice it!
Don’t be unrealistic about the fair market value of your house. Sellers often time think their house is worth more than it is. Unrealistic expectations can sometimes be the results of sites such as Zillow or Trulia which frequently have home prices that are much higher than true market value. It is also important that you don’t use unsold comparable homes because if they haven’t sold, it’s hard to know if the owners will need to take price reductions in order to actually sell them.
3. Be realistic and look at the sold prices of comparably sized luxury homes that have the same features. Amenities, size and location all play a crucial role in the sale price. Amenities have a larger impact on time on market.
4. Get your house ready to sell.
The million dollar luxury home buyers want perfect and with competition in abundance you should try your best to deliver. Staging a home can be inexpensive and cost less than you might think. Many real estate agents will front the cost associated with hiring a stager. Go through your home with the eyes of a buyer and follow the three C’s: clean, clear and clutter-free.
5. Give your real estate agent the access they need to show and sell your luxury home!
A home cannot be sold if it cannot be shown. It is somewhat common for luxury homes owners to be protective of their time and space and they may not allow showings if they feel it intrudes on their private space and time.
Follow these five guidelines for selling your house and regardless of this price bracket, you will be sure to sell it in a resonable amount of time.
This luxury home in Las Vegas on St. Croix Street is a great example of how quality marketing can results in a quick sale of your beautiful house.