High End Real Estate Choices

Published by julia | Filed under Buyer / Seller Tips, Miscellaneous, Real Estate

Celebrities often own the richest and best homes on the market.  These homes are the high end homes that cost several million each.  These homes are not typically listed or handled by the average Re/Maxx real estate agent though; these homes are handled by people who specialize in high end real estate.  These are people who work exclusively with the rich and famous with too much money to blow and not enough time to blow it.  These homes are exclusive, as are the locations that they are situated.  Nothing in the high end real estate game compares to the normal real estate that people consider.

High end real estate includes homes that are several millions of dollars.  Most of these homes are not new builds, but rather homes with some type of a history surrounding them.  The history of the homes is often what contributes to the high price of the homes, as well as the type of people who are looking to buy the home and the type of neighborhood that the homes are situated in, not to mention the extremes of the home itself.  Many homes sell at a very high rate because of who lived in them.  We are not talking about homes that state representatives lived in, but rather homes that the likes of Marilyn Monroe may have lived in.  These are the rich and the famous individuals who seek to entertain the crowds that make these homes more valuable by simply living in them.

High end real estate also includes homes that are excessive.  Very few people have any real need for any more than two bathrooms at any given time.  However, some of these homes have upwards of seven or eight bathrooms and upwards of ten to twenty bedrooms.  The kitchens too many of these homes are larger than some restaurant kitchens.  Some pools are more extensive than the local water park pools and on very rare occasions these pools are even bigger than some water parks.

The local real estate agency often does not carry these types of homes in their portfolios.  Nor does the local real estate agency have people who are prepared to handle the super famous individuals as the individuals that they are.  This is why the rich and famous go specialized real estate agencies that handle only high end real estate.  These companies are often affiliated with more common real estate companies but have different names and different financial goals.

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