Comments on: Luxury Real Estate Market Still Strong If You Know How To Market To It http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/ Real Estate Blog, Mortgage, and Development News Sat, 21 Nov 2009 03:38:54 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Maseray http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/comment-page-1/#comment-292870 Maseray Fri, 07 Nov 2008 02:23:58 +0000 http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/#comment-292870 Great Blog. Atlanta Luxury Homes Sales are business as usual. Great Blog. Atlanta Luxury Homes Sales are business as usual.

]]> By: Tom Royce http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/comment-page-1/#comment-292094 Tom Royce Thu, 06 Nov 2008 02:26:17 +0000 http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/#comment-292094 Aaron I think that rich folks are looking for a deal, that is how they got there in the first place. But they are also dealing with the time value of money. If you are 55 and retiring with 10 million in the bank, does haggling over the last 50K on your home sale and missing out on a dream home make any sense? For you and I the 50k would be a deal breaker, but quality of life is a factor for these buyers. Creating a sense of urgency and quality of life will move a sale for the rich. Aaron

I think that rich folks are looking for a deal, that is how they got there in the first place. But they are also dealing with the time value of money.

If you are 55 and retiring with 10 million in the bank, does haggling over the last 50K on your home sale and missing out on a dream home make any sense?

For you and I the 50k would be a deal breaker, but quality of life is a factor for these buyers. Creating a sense of urgency and quality of life will move a sale for the rich.

]]> By: Aaron http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/comment-page-1/#comment-292082 Aaron Thu, 06 Nov 2008 01:58:42 +0000 http://www.therealestatebloggers.com/2008/11/05/luxury-real-estate-market-still-strong-if-you-know-how-to-market-to-it/#comment-292082 You are absolutely right. People with lots of money are not affected with the same type of rules that people with lower incomes are. They want to feel comfortable and are willing to spend their money in cash to do so. So, this is why luxury homes are not as affected as regular homes. However, I must disagree with you on one point. And that point is that rich folks are smart too and are not blind to the current markets and will try to get a good deal just like anyone else. What are your thoughts on this? Aaron San Diego Real Estate Appraiser http://www.sandiego-appraiser.com You are absolutely right. People with lots of money are not affected with the same type of rules that people with lower incomes are. They want to feel comfortable and are willing to spend their money in cash to do so. So, this is why luxury homes are not as affected as regular homes.

However, I must disagree with you on one point. And that point is that rich folks are smart too and are not blind to the current markets and will try to get a good deal just like anyone else. What are your thoughts on this?

Aaron
San Diego Real Estate Appraiser
http://www.sandiego-appraiser.com

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