3 Steps to Buy a Luxury Home in California

by Shai Prasad 10/15/2018

Looking to buy a luxury house in California? You're not alone, as Golden State luxury residences are hot commodities year after year.

Ultimately, an informed luxury homebuyer is better equipped than others to purchase a stellar California luxury residence at a fair price. This buyer likely understands the ins and outs of the Golden State luxury housing market, and as such, can plan ahead for both the best- and worst-case scenarios.

Becoming an informed California luxury homebuyer can be quick and easy. Now, let's take a look at three steps that you'll want to follow to get the best possible results during the California luxury homebuying journey:

1. Hire a Real Estate Agent

If you want to own a house in San Francisco, Los Angeles or elsewhere in the Golden State, it pays to work with a local real estate agent. That way, you can receive expert insights to help you streamline the luxury homebuying journey.

A real estate agent who understands the Golden State luxury housing market is a must-have. This housing market professional can provide you with the support you need to find your ideal luxury house, anywhere in the Golden State.

For example, if you want to buy a luxury home near Staples Center, a real estate agent with the right industry experience can help you narrow your search accordingly. Or, if you are interested in luxury houses that provide quick, easy access to Rodeo Drive, a real estate agent who is familiar with the Beverly Hills luxury housing market can help you achieve your desired results.

2. Attend Open Houses and Home Showings

Once you hire a real estate agent, you'll be in great hands. In fact, this housing market professional can keep you up to date about open houses in Sacramento, San Diego and any other California cities and towns where you'd like to live.

Furthermore, a real estate agent is happy to set up luxury home showings on your behalf. This means you won't have to worry about calling a seller's agent and setting up a home showing; instead, your real estate agent will do this work for you to help you speed up the luxury homebuying process.

3. Submit an Offer

If you decide a California luxury home is right for you, it helps to submit a competitive offer right away. This offer should account for a luxury residence's age and condition, as well as the current state of the luxury housing market.

Where you decide to settle down may have an impact on a home offer as well. For instance, the price of a new luxury house in San Francisco may be far greater than the price of a similar luxury home in Oakland. If you analyze the local housing market, you can determine whether to submit an offer below, at or above a seller's initial asking price.

Clearly, there's a lot to consider if you intend to buy a California luxury house. If you follow the aforementioned steps, however, you should have no trouble enjoying a fast, seamless Golden State luxury homebuying experience.

About the Author

Shai Prasad

I am a Realtor®, and pride myself in providing you with the quality experience you expect for all your real estate needs. My goal is to provide first class service and help you achieve your real estate goals.