Luxury Portfolio International completed a profile of wealthy homebuyers and how the global real estate market is affecting how affluent buyers approach a new home purchase. If you are planning to sell your million dollar home in Southern California, it’s crucial to understand your potential buyer. This Luxury Portfolio white paper dives into the differences based on buyer’s price range when comparing three markets, the $1 to $2 million buyer (Practical Explorers), the $2 to $5 million buyer (Meaning Seekers), and the $5 million and above (Power Players).
Check out the full white paper below and read about each buyer profile to find out more about the audience who could be interested in buying your home. Each profile includes demographics, insight and strategy for the determined buyer price range.
As an affiliate of Luxury Portfolio and Christie’s International, First Team agents understand how to accommodate luxury buyers and market your home at the highest level. For more information about how First Team can help you buy or sell luxury real estate in Orange County, reach out and we’ll connect you with a top luxury agent in your area.