Palm Beach Gardens is a beautiful town located just seven miles north of West Palm Beach. For those seeking high-end homes, this gorgeously landscaped area boasts 12 golf courses, equestrian properties, exclusive gated community living, and luxurious waterfront and oceanfront estates. Property owners looking to sell their luxury real estate in this sought-after community, can improve their chances by having a detailed understanding of the Palm Beach Gardens market. Here are some facts to consider when selling your Palm Beach Gardens luxury real estate.
Pricing is Everything
One of the most important decisions you can make when getting ready to sell your luxury home is determining the right price. A common mistake made by both real estate agents and owners is setting their asking price well above other comparable properties in this area. Luxury homes are at a higher price point, which means they are likely to remain on the market longer. However, when a high-end property is priced competitively from its first listing, it is more likely to attract active buyers. Getting to the appropriate price typically involves conducting a detailed market analysis beforehand. After looking at comparable properties, recent sales, and assessing the real estate climate, you can usually get a better idea of a reasonable asking price.
Know How to Market the Amenities
While Palm Beach Gardens luxury properties may appear to offer the same features, there can be significant differences. For instance, one home may have a tennis court, movie theatre, and waterfall, while another boasts a professional grade kitchen and custom Murano light fixtures. By knowing how your home’s qualities compared to surrounding Palm Beach Gardens properties, you can improve your ability to determine the correct price and properly market the unique aspects of your home.
Market to the Right Audience in the Right Way
Luxury home clientele are a specific category of buyers which you need to be able to identify and reach. One way to target your advertising is by sending professionally drafted notices of the listing to those you have identified as being receptive. You will also want to make certain that your home is being promoted on a well-designed website which accurately represents the distinctness and best features of your property.
Lifestyle and Location
Buyers in the market for a high-end Palm Beach Gardens home are often attracted not only by the beautiful landscape and properties, but also the exclusivity of the community and its lifestyle offerings. If your home is situated near prime golfing which comes with clubhouse privileges, these can be attractive features to the right buyer. Considering your prospective buyer’s interests in Palm Beach Gardens can help you devise the right marketing strategy to sell your home.
Finding the right buyer for your luxury Palm Beach Gardens home is the first critical step in the process. However, without the advice of an experienced real estate attorney, you run the risk of having several different issues with your sale. At Rabideau Klein, we have extensive experience handling multi-million-dollar transactions for high-end real estate in the Palm Beach Gardens area. Guy Rabideau, Esq. and David E. Klein, Esq. are Florida Board-Certified Real Estate Attorneys with the expertise and local knowledge you need to ensure that your Palm Beach Gardens property sale is conducted with excellence and precision. Contact Rabideau Klein today to discuss your real estate legal needs.