“Hotlanta” continues to grow as one of the best sunbelt markets for luxury home buyers. Not only is it home to some of the world’s largest corporate headquarters – including Coca Cola and Delta airlines – it’s a vibrant and historic city, the capital of Georgia, a growing entertainment hub with big Hollywood-style film and TV productions and a thriving music production scene; it was even named #22 on the Forbes List of “Best Places for Business and Careers”.
For these and countless other reasons, luxury homes for sale in Atlanta, GA are in high demand, particularly in the tawny areas such as Midtown and Buckhead.
5 Key Steps To Buying A Multi Million Dollar Estate
Step 1: Know The Market
A diverse metro area, luxury homes for sale in Atlanta can be in suburban, gated communities or right in the heart of the city itself. If you have younger children, it’s important to know which sections of the city its surrounds and does it have the best schools – assuming you aren’t sending them to private schools. If you want to be close to work, you might want to consider Virginia Highlands, a quiet, walk-able area inside of the city that’s close to everything. And, if you travel often, you may want to look at a luxury home for sale that’s on the “airport side” of the city or in city center, to help you avoid some of the city’s notorious inbound traffic.
Step 2: Get Great Representation By A Real Estate Professional
While traditional brokers could be of service, it’s best to work with a luxury brokerage firm who knows that market and what it takes to push a high-end sale through more smoothly. For example, Harry Norman Realtors (a Christie’s International affiliate) is one of the top luxury brokerages in Atlanta; in fact, the firm is one of the leaders in the greater Atlanta and Georgia area for Luxury Real Estate. They can walk you through the often-arduous process of dealing with traditional listings, from negotiating and bartering on home inspections to setting closing dates and so much more.
Step 3: Look For Unique Opportunities
One of the best ways to buy luxury homes for sale in Atlanta is an auction, particularly, a luxury auction, one with no reserve, selling absolute. Presenting a rare opportunity to own a home at your own price, an absolute auction – not to be confused with a distressed auction – puts the seller and prospective buyer on the fast track to a seamless transaction by allowing only qualified buyers with cash funds or secured financing to bid on a luxury home for sale. An absolute auction defines the date of sale, there are no negotiations, and the buyer is given all due diligence prior to making an offer or bidding and buying on auction day. In fact, the entire transaction from winning bid to transfer of keys typically takes less than 30 days.
Step 4:Do You Research
Also called “due diligence” in the real estate world, it’s important to know all there is to know about a property and the area it is located in. For example, the luxury auction firm, Supreme Auctions, who is representing an exciting no-reserve absolute auction of a Midtown Modern Luxury Home on May 8th in partnership with listing agent Pam Yarbrough of Harry Norman Realtors, provides all qualified potential buyers with a property due diligence information packet with extensive property details like HOA rules, covenants and conditions, area demographics, zoning information, seller property disclosure, inspections and floor plans should also be available, together with complete auction terms and conditions. In a traditional estate sale, the contingency period allows for most of the above to be conducted at the cost of the buyer.
Step 5:Preview The Property In Person
Of course, there’s no substitute for taking in the luxury home for sale and its grounds in person. Knowing how the house feels, sounds and speaks to your taste is something not even the best photographs, video or property descriptions can provide. For example, seeing the aforementioned absolute auction home from Supreme Auctions and Harry Norman on 742 Courtenay Court in photographs pales in comparison to seeing the panoramic view of Atlanta from its rooftop balcony, viewing the smart home controls first hand, or experiencing the warmth radiated by this contemporary home for sale with its 5 bedrooms and 5 baths impeccably laid out in the impressive 7,800 square foot floor plan. To schedule a viewing of this luxury home for sale in Atlanta on May 8th, 2014, call Supreme Auctions at 866-929-2243 or send us a message online.
