Barb Schlinker The Real Estate Voice

Segment 2 – Top Tips for Selling a Million-Dollar HomeBarb, When Homes Sellers are planning to put their homes on the market, and with more homes available now and prices dipping, how does a home seller, especially someone with a Luxury Property sell their home Fast and for the Most Money?Luxury Market Also Affected by Rising Interest Rates – but not as dramatically• Over Long-Term Home Prices Tend to be Resilient• When rates were 8-9% People were snapping up homes in the 1980s• By 2030 – Expect a $15.4 Trillion Wealth Transfer (the largest ever)• Most will be passed on from the wealthy generation before death• Will that be Stocks or Real Estate?Which one is going up?• Over Long-Term Home Prices Tend to Increase Historicallyo 1992 Average Price: $101,259o 2022 Average Price: $532,488Amenities Luxury Buyers Want: Added Value / Experiences• Dual Office Homes• Gyms• Theaters (esp multi-functional ones)• Great outdoor spaces• Locations near Outdoor Recreation• Move to More Affordable Higher EndMore Affordable Hig