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When it comes to purchasing a luxury property, buyers tend to exhibit certain tendencies that set them apart from buyers in other segments of the real estate market. One key tendency is a focus on exclusivity and privacy. Luxury buyers are often drawn to properties that offer a high degree of privacy and seclusion, whether that means a large estate with ample acreage, a gated community, or a property situated in a quiet neighborhood.
Another common tendency among luxury buyers is a focus on quality and craftsmanship. Luxury buyers are typically willing to pay a premium for high-quality materials and finishes, and they may be more discerning when it comes to details such as custom cabinetry, high-end appliances, and designer finishes.
In addition, luxury buyers tend to be more focused on lifestyle than other segments of the real estate market. They may be looking for properties that offer amenities such as swimming pools, home theaters, and outdoor entertaining spaces, as well as proximity to desirable amenities such as restaurants, shopping, and cultural attractions.
Finally, luxury buyers may exhibit more patience and a willingness to wait for the right property to become available. They may take their time in the property search process, and they may be willing to wait for the perfect property to become available rather than settling for a property that doesn’t meet their exact specifications.
By understanding these tendencies, luxury buyers can better navigate the luxury real estate market and ensure that they find the perfect property to meet their unique needs and preferences.
Join our community of buyers and sellers and subscribe to our Monthly Newsletter to receive Santa Fe community and real estate news delivered right to your inbox.
All real estate advertised herein is subject to the Federal Fair Housing Act and Equal Opportunities Act. Barker Realty Co., llc. strives in to confirm as reasonably practical all advertising information herein is correct but assumes no legal responsibility for accuracy and should be verified by Purchaser. Barker Realty Co., llc. is not responsible for misinformation provided by its clients, misprints, or typographical errors. Prices herein are subject to change. Square footage amounts and lot sizes are approximates. The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. All data in this web site is deemed reliable but is not guaranteed. © 2022 Southwest Multiple Listing Service, Inc. All rights reserved. Internet Data Exchange (IDX) listings are from Southwest Multiple Listing Service, Inc. (SWMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed accurate by SWMLS. Built by the Barker Realty Marketing department.
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