What Do Wealthy Home Buyers Want From Their Real Estate Agent?

Posted on Oct 4, 2011 in Mortgage News

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by lumierefl

Data licensing issues in play in SF East Bay, help Sacramento, and Washington D.C.

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by joinash

Condos, order the next big thing in Real Estate

Technically, condos are a collection of individual home units along with the land on which they sit. The boundaries of a condo are defined in many countries confined to the airspace of the real estate purchased by the individual owner A condo is considered to be of very high value and owning one is considered to be a status symbol by many. It is equipped with amenities such as a centralized heating system, an air conditioning system, elevators and hallways are executed under legal lights associated with the individual ownership and controlled by the association of owners. Condos are considered to be a prestigious part of Real Estate.

Those who purchase units in a condominium technically own everything from their walls inward. All the individual homeowners have shared rights to most common areas such as swimming pool, club house and the recreation areas. Condos are basically sold by real estate agents to wealthy businessmen. Condos are very popular among the elite class of people be it in developed nations such as the UK and USA or in developing economies such as India and Pakistan.


Property management is very essential for the upkeep of a condo. There are many firms and companies specializing in maintaining of a condo. Sometimes many people may just opt for rentals for a temporary period of time, mostly when they go on a vacation. In some countries, Condos are even being offered on yearly lease agreements by respective Real Estate developers.

There is no real way to define a Condo. A condo can be flat, located in an apartment building or it can be a big bungalow or a penthouse situated in a prime locality. Condos are now very popular in big metropolitan cities across the globe such as Los Angeles, New York, Miami, Chicago and Vancouver.

A condo is known by different names across the world. For example, in some states of Canada such as Quebec it is called as a syndicate of co-ownership; in British Columbia it is called by its regular name Condo. In Australia it is known as a ‘strata tile’. Since 2004 in England and Wales a condo is referred to as a ‘common hold’. The main attraction of this type of Real estate is the fact that one has the ability to obtain affordable housing in a highly desirable area that is generally beyond the budget of the average homeowner.

Whether you are buyers or sellers, all your home buying and selling needs can be met if you approach an established and trustworthy real estate firm. So do a little research and some asking around before you choose whom to approach for your dream condo. Online medium can also be resorted to as these days internet is an excellent resource for your home buying or even to find a good buyer if you wish to sell your real estate.

<p>Real Estate is the author of this article on <a rel=”nofollow” onclick=”javascript:_gaq.push([‘_trackPageview’, ‘/outgoing/article_exit_link/3074928’]);” href=”http://www.dgmesquite.com/”>Homes</a>.
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by Jsome1

Generate Real Estate Leads. Turn Clicks Into Clients

So, more about you have the most advanced and dynamic real estate agent website on the web. You got all the bells and whistles your buyers and sellers would ever want. The traffic is rolling in, but there’s still one problem. Where are the leads?

Like every other real estate agent, you know how tough it is to find quality real estate leads. You need potential clients to take action now! Not wait, sit on the fence for a while and eventually slip away. So how can you catch these clients hook, line and sinker? Learn how to market and advertise YOURSELF! Take advantage of the features your realty website offers that allow you to show off.

Write a catchy and creative blurb on your professional skills, attitude and star sales qualities.

Remind your clients to interact with your website. Ask them to fill out a form, contact you and save their favourite properties. Make them communicate with you in any way possible.

Take advantage of every touch point. Store clients’ e-mails, phone numbers and addresses. Make sure to contact every single person that makes contact with you.

Don’t fall into the background. Stay top of mind with a monthly newsletter, deal of the month or open house invitation.

Always show customers what’s in it for them. Sell yourself through your abilities, actions and services not through boasting, bragging or arrogance.

Make an offer they can’t refuse. Promise a free home staging quote, t-shirt, mortgage broker quote or even a useful real estate report if they fill out a form. Remember, everyone LOVES something for free. Tag team with an industry specialist to make it happen.

Identify what makes you different from every other money-hungry agent. Create a Unique Selling Proposition for your services and run with it. Make it the bread-and-butter of your business.

Ask them for referrals, testimonials, questions and requests. Keep your phone number and e-mail visible and in the right places. Present a call to action that encourages them to follow through.


Make your REALTOR® website a real estate research headquarters. Give your visitors ALL the info they need to know. You can bet buyers & sellers will get online to make an informed decision long before they take any definitive action with an agent. Why not be the one-stop-shop? Appeal to their every real estate need, want and desire. With the right marketing and advertising strategies, they will stay on your site longer and visit more often. That’s how you ring in the qualified sales. Cha-ching!


InCom Real Estate Web & e-Marketing Solutions is a real estate web design, hosting & e-marketing company. They provide websites for real estate agents and offices that focus on online lead-generation and search engine marketing. They specialize in the industry and provide valuable tools to convert leads on websites for real estate agents. Visit http://www.incomrealestate.com to start converting more leads today.

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by cindy47452

What Do Wealthy Home Buyers Want From Their Real Estate Agent?

Wealthy home buyers who buy multi-million dollar homes are typically self-made millionaires with new money, visit according to a recent online survey of 683 Coldwell Banker Previews International property specialists. The study revealed the top professions of these affluent customers. According to the respondents, drug 88 % of their customers are business or corporate executives, 37 % are physicians, 31 % are lawyers, 30 % are financial professional and 14 % are entertainers, entertainment executives or professional athletes.

Wealthy home buyers require their real estate agents to be equipped with special skills, according to the Coldwell Banker’s survey. Given the magnitude of the financial transactions involved in luxury home purchases, 78 % of sales associates said that the top most need their clients require from their real estate agents is privacy and confidentiality. The luxury customers also want their real estate agents to exercise discretion while dealing with their multi-million dollar transactions. Almost 70 % of respondents polled that their wealthy clients want their real estate professionals to offer customized services while 44 % said that the luxury home buyers want their agents to have good network and work relationship with executive assistants, CPAs and attorneys.

Wealthy home buyers also want their agents to know the inside scoop on the real estate market, according to 36 % of the respondents in the Coldwell Banker’s survey. Seventeen percent of the sales associates surveyed indicated that one of the necessary skills for real estate professionals working with affluent customers was the ability to provide emotional support to their clients. And according to 11 % of respondents, luxury customers want their real estate agents to establish personal rapport with their clients.

The study also included queries on the “must have” amenities that the affluent clientele want in their luxury homes. Wealthy home buyers want media rooms in their homes, according to 60 % of respondents and another 60 % polled that their affluent customers want “wired” homes. However, there are a few home design elements that are out among luxury home buyers. Gourmet kitchens, granite countertops and wet bars are no longer counted as luxuries by wealthy home buyers, according to the survey respondents.

The survey also found that the multi-million dollar home buyer pays a typical down payment of 20 % to 30 %, while a quarter of clients put down 30 % to 50 % of the sale price.

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