Planning on selling your South Florida luxury home in the near future and capitalizing on a hot market? There are a few things you should prepare for to ensure that you get the highest selling price possible and so that your home gets off the market in a reasonable timeframe.
A South Florida luxury real estate attorney can help you plan for your home sale, assist with any type of title search, represent you at closing, or draft your purchase agreement to protect you from future potential disputes.
Screen potential buyers
You may get a lot of interest in your home, but you’ll only want to talk with serious buyers who have the means to purchase it. Interested buyers who are pre-qualified or who have the proven liquidity to purchase your home are the ones you’ll want to spend most of your time on.
Think about marketing
You’ll want to take several high-quality photos and videos and market your home on all of the popular real estate platforms such as Zillow and Trulia as well as social media. Setting up a Facebook or Instagram page for your home will ensure maximum exposure.
If you are considering hiring an agent, look at their current luxury home listings and try to determine if they are marketing them effectively.
Open houses may not be the best idea
For regular homes, open houses can be an ideal way to give interested buyers a close up look and speed up the deal. You don’t necessarily want to do the same thing with a luxury home. The chances are that fewer interested buyers will have the ability to purchase the home and that many will just want to window shop.
An open house isn’t required to sell your luxury home especially with all the digital marketing tools that are available. Stick with private showings for qualified buyers.
Get professional representation
You might choose to sell your home yourself without the help of an agent, but at some point, you will likely want to have a luxury real estate attorney in South Florida available to guide you and assist with your closing.
There are several areas of potential liability for the seller in a purchase agreement that can put you at risk of a lawsuit when a dispute occurs. The risk is even greater on a luxury home sale because of the higher transaction amount. It’s also a good idea to choose an attorney with title searching experience to guarantee the title is clear of any defects before closing.
Call Schecter Law today at (954) 779-7009 for assistance with selling your luxury home in South Florida.