Here it is, as promised, my blog post all about how to find the right high end property for you. A lot of customers think it’s a lot harder than it really is, but I would like to bet on the fact that you are either looking in the wrong places or that you are being consulted by the wrong person. If you want a luxury chocolate you don’t go to your local gas station do you? Well with high end properties its exactly the same, the owners and now sellers of these properties are not even looking at your local real estate agent, no matter if that is a private or commercial property. These guys come to a high end consultant like myself.
The reason for this is that we are just better equipped to handle a transaction of these large proportions. We have a better office with better contacts to find buyers, as well as more knowledgeable legal offices backing up our transactions and contracts. This really makes all the difference when you are approaching a private or commercial high end real estate seller or buyer.
Lets create a quick checklist of how you can speed up your process of finding the right property for you. First of all financing. This is a vital part, and until you have checked your financing you need not even look for a property or a consultant. We always suggest for you to explore all avenues for financing. If you cannot afford to “just” pay for the property, you should first speak with your bank, again commercial or private, your bank will most likely be providing mortgages. And the better the relationship with the bank you are borrowing from, the more lenient the interest rates. This means that if you need to skip a payment once in a blue moon because of your daughter’s wedding, they wont rip your head off and start calling your mobile phone around the clock.
If you don’t have a good relationship with your bank, then you should speak with your high end consultant, a lot of the more experienced consultants have actually built up great relationships with banks. You can profit from this, since its in the consultants interest for you to get approved for your financing, you can be assured that they will do whatever they can to get you the deal that’s right for you.
Now that you have worked out your finances and have a budget in mind, the most fun part of this acquisition will begin, you can now start viewing properties with your consultant. Make sure that before you set up a schedule of places to visit your consultant is aware of all your requirements and wishes, because there is nothing worse than having your precious time wasted. If it’s a commercial property, make sure you know exactly what amenities you require. Because if you don’t know your consultant cant help you find the right place.
Once you have found a property that you would like to purchase, all you need to do is start the transaction. You may or may not meet the owners of the property that you are buying, but no matter if you do or not, you can ask your consultant to work on the price. This means that you get your consultant to put in an offer below the asking price, this gives the seller the opportunity to show their willingness to be flexible and also offers your consultant the opportunity to really earn their money.
I hope that this guide has helped you to collect your thoughts, and that you will work with me soon to find your perfect property!
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