The San Antonio Luxury Home buyer always expects
more from a Realtor than any other category of buyer. Questions range
from tax information to appreciation rates and future market forecasts.
Many homebuyers in this market are interested in getting a deal and ensuring
that they take the correct action in this buyer's market that we are in, without
making any mistakes. This makes sense since the wrong price and terms
can add up to a very costly mistake. For this reason buyers
interested in San Antonio luxury homes need to ensure that they have
a competent and aggressive Realtor who is not afraid to do research and present
the results of this research to their clients in a consultative
manner. Though we have a talented staff, our agents make sure to attend
to client needs and are Realtors that will be there if ever a
client feels the need for their presence or advice.
The luxury home
in San Antonio is similar to a regular home in that it too may be one of
the most important purchases of a homebuyer's life, but it differs in the
respect that luxury homes in San Antonio are considered to be homes sold within
the top 10% of the price range for the area. In fact one could say that
San Antonio luxury homes are considered to be on average above $500,000 as a
rule of thumb. Our expertise in this market ensures our clients that we will
provide a thorough and comprehensive market analysis on any San Antonio
luxury home that a buyer may be interested in. We will do a check of the
home's history with regard to its current and past listings as well as check
into comparable homes which have sold in the vicinity. The typical
San Antonio luxury home can often be much more difficult to price due
to the lack of true comparable home sales in the area.
This valuation problem exists concurrently for Sellers as well
as Buyers which makes the assistance and guidance of a great Realtor an
extremely useful and almost necessary service. These
homes often have there own unique style, charm and level of affluence
which can range from a Hill Country Estate with vast acreage to the look
and feel of a Mediterranean Villa with a private lake.
Our team attends the annual Parade of Homes, Keller Williams Mega Agent
Camp, The annual Housing Forecast and Keller Williams Family Reunion
(National Convention) along with a multitude of educational
classes and events throughout the year to keep track of the trends of
the most expensive and stately homes in the San Antonio market as well as the
national market. Our team ranks in the top 5% of The
Keller Williams Heritage office which according to the San Antonio
Business Journal is the number one office in San Antonio by volume. There
are, in fact, over 450 agents on average who work out of the Heritage
office. In addition; we utilize statistics based on quarterly updates
which are tracked, recorded and used in the annual San Antonio Housing Forecast
which includes useful information on the economic conditions of the state and
national luxury home market. This statistical information allows us
to inform our most savvy homebuyers on market trends for the local area as
well, specifically the home inventory for both new and preowned luxury homes in
San Antonio from $400,000 to over 2 million.
Currently the
inventory of luxury homes in San Antonio, which are over 1 million
dollars, exceeds 4 years according to the 2008 MLS records. This means
that if million dollar plus home sales transactions continued at the same
rate we are currently at it would take 4 years to sell the existing homes which
are on the market. To put this in perspective a balanced market is
somewhere between 7 and 12 months of inventory. As a San Antonio luxury
home Realtor of choice I make sure to utilize this information and the current
market conditions to negotiate the best price and terms for my home
buyers. When utilizing our services; we often save people
5-8% of the list price of their home in most price ranges. If you do the
math on a million dollar home this can amount to $50,000 or even $80,000 on
average. There is some good news we feel compelled to add to this
statement....Since the current inventory with regard to luxury
homes is much greater, the percentage a great Realtor is
likely to negotiate off of the list price goes up significantly. If
we are able to negotiate 15% off the price of a million dollar home we will have
just saved our client $150,000 which is not bad for a service that is paid for
completely by the seller in almost all instances. For a detailed
consultation or more information on how we are able to help with professional
consultation, the structuring of offers and San Antonio luxury home real
estate services please call us at 210-999-9697 or e-mail us at teaminfinitysa@gmail.com