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Bruce Hiatt

Guide to Buying Luxury Real Estate

Hiring smart equals an informed luxury real estate investor


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During the crazy days of 2003-2004, luxury real estate investors pounced on any deal that sounded good.  The investor didn't really care if you were a new real estate agent or one of in-depth experience, they just wanted into the deal. So what what type of agent should an investor hire now that we are into a softening real estate market?  The answer may surprise you.


Action Steps
The best contacts and resources to help you get it done

In-depth knowledge counts now more than ever


Whether a real estate agent has one year or twenty years of experience, it's the market knowledge that should be your number one priority in selecting an agent for your luxury real estate investment.

I recommend: Look for luxury real estate agent websites that provide you as the investor lots of detailed information so you can make an informed decision.  For example, www.LuxuryRealtyGroup.com contains not only luxury homes and high rises for sale in Las Vegas, it contains valuable information about neighborhoods, has Google maps and price per square foot data that you can download into a spreadsheet for further analysis.  It even has sold data for certain luxury home areas or high rise projects with price per square foot data that can be sorted right on the web page.

Staying current with the volatile real estate market is a critical success factor


A great way to stay current in the luxury real estate market is to look for Blogs that are frequently updated with useful market information about the area of interest to you.

I recommend: Two great examples of Blogs telling it like it is in Las Vegas luxury real estate are: www.LasVegasHighRiseBlog.com and www.SummerlinHomesBlog.com. Both websites are updated frequently and contain market trends, specific neighborhood data, in-depth reports about certain luxury high rise projects and much more.
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