Luxury homes have a very specified market base, unlike traditional residential houses. Unfortunately, this means sellers have to be even more stringent when they are preparing their luxury home for the market. The smallest issues can send a buyer to another place, and when there are fewer interested parties, this can be detrimental to ever selling your home. Naturally, it is important that you work with a good real estate agent who is familiar with the luxury home market, but there are also some things that you should know that can hurt the potential of finding a buyer for your high-end home.
Having a high-end home that appears to be high-maintenance.
Luxury homes are bound to have a few more maintenance needs than regular homes because of their stature and because of amenities they may boast. However, it should always be a goal to make your home look as low-maintenance as possible. If you have a pool, make sure it has a cover. Make sure your landscaping has low-maintenance plants. And work to make the home look easy to keep up in spite of its size or amenities.
Not making the best uses for the rooms in the house.
Luxury homes tend to have a lot more rooms than your average two- or three-bedroom dwelling. Some can have many bedrooms in addition to other recreational or luxury spaces. In general, it is best that your home's rooms align with what a prospect would expect them to be. For instance, if half of the bedrooms in the house are being used for storage, it would be best to have an agent help you stage those rooms and put your extra belongings in storage. It can be difficult to envision the full benefits the home has to offer if rooms are used for something other than their intended purpose.
Avoiding pertinent upgrades that the house needs.
Luxury homes have a lot to offer, but if a luxury home does not get the updates needed to keep it appealing to a prospect, it can really make it hard to sell the house. Several things can apply here, such as not having a modern HVAC system with zoned heating and cooling or not upgrading the pool so it is as safe as a modern pool should be. Buyers for luxury homes do not want something they have to buy and then start spending money on.
To learn more about selling your luxury home, contact a real estate agent who sells luxury residential homes in your area.