When you own a luxury home, finding a buyer takes a little longer than when you sell a modestly priced home. You have to find the right buyer — someone who is willing to put a large amount of money towards the purchase of your home and who thinks your home is better than anything else they could buy for that price. One way to ensure you find a buyer faster is to make sure your home has these four in-demand amenities that luxury home buyers are looking for.
Pools are considered an entry-level amenity in a luxury home. If for some reason your home does not have a pool, strongly consider adding one since most luxury home buyers will want one. If the home does have a pool, consider sprucing it up with some new furniture, plants, or built-in elements.
Smart technology has been around for a few years now, and it has become standard in luxury homes. If you bought your home about 10 years ago before smart technology was so popular, you may want to have this installed. A central hub that controls elements like your thermostat, refrigerator, and blinds makes life much more convenient, and buyers will be shocked to find that your home does not have this technology. You don't want that shock to cause them to walk out the door!
Whether it's a full wine cellar or just a wine fridge nestled under the counter, the home needs a spot to store wine. If you are not a wine drinker and therefore do not have this amenity, consider adding a simple wine fridge to the kitchen layout. This is something some luxury home buyers will want to "check off their list," as simple as it may seem.
Outdoor Living Space
Especially if you live in an area where the outdoors is part of the enjoyment — like the beach or against a big forest — your home needs to have an outdoor living space. This could be a patio or a grilling area, or it could be a pool area surrounded by a separate fence. It could even be tennis courts. Just make sure there is something to do outside.
If you are trying to sell your home and you have not gotten any interest, it could be because it is missing one of these elements. Talk to a real estate agent about the benefits of adding an amenity or two.
Once you sign the sale contract with your listing agent, there's a good chance that things will start moving quickly. Your agent will want you to stage your home for the listing photos, open houses, and showings. If you've never experienced the staging process, you may not know exactly what to do or where to start. The information on this site will help you to not only understand what's expected of staging but also offer tips for you to maximize your efforts without investing a lot of time. I hope the information here makes your home sale process a little bit less confusing and a little easier to manage.