Thursday, October 6, 2022

Luxury Homes For Sale In New York

Are Buyers Agents More Important To Sell Luxury Homes For Sale By Owner In Nyc

Most Expensive Luxury Real Estate for Sale in New York City (NYC Apartment Tour)

Yes. 90% of all buyers in New York City are represented by real estate agents. That ratio of represented buyers is even higher once you enter the luxury market.

Just like your average home buyer, luxury home buyers have at least 5 real estate agent friends who will tempt them with free services since broker commissions are a built-in seller closing cost.

Luxury home buyers can be celebrities or heads of state who will have even less time than your average home buyer to search for properties on their own. As a result, very wealthy home buyers will almost always be assisted by a real estate agent.

Fortunately, you can easily offer commission to and get the attention of the citys buyers agents by listing your home through Hauseits flat fee MLS listing service. Every listing in RLS is contractually co-broked between firms, so buyers agents will know that if they send their buyer and close on your home, theyll certainly be paid.

Luxury Homes For Sale

The Hudson Valley is home to many luxurious and extravagant homes. You can get everything from Hudson River frontage, to incredible mountain views. All within an easy commute from Manhattan. Enjoy the scenic drive up to the north and arrive at your perfectly manicured home, with amenities like gourmet custom kitchens, several acres, views of mothers natures finest creations, heated pools, that perhaps borders on state land!

You can enjoy all these things in a recently built Contemporary style home, or perhaps a perfectly maintained home built in the 1700s or even 1600s! Or you can enjoy that equestrian estate you always dreamt about, and you can have your multiple horse barn, and enjoy riding on the weekend with your family, and watch you horses roam the country side! Luxury is easy to find in the Hudson Valley.

Luxury Homes For Sale In New York

There are currently 11205 luxury homes for sale in New York at a median listing price of $850K. Some of these homes are “Hot Homes,” meaning they’re likely to sell quickly. Most homes for sale in New York stay on the market for 115 days and receive 2 offers. Popular neighborhoods include Maplewood, Bayside, Staten Island, Brooklyn, and Queens. This map is refreshed with the newest listings in New York every 15 minutes.

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Nycs 25 Most Expensive Homes For Sale

See the blockbuster homes currently on the market in New York City

It’s time to revisit the most expensive homes for sale in New York City right now. Despite the well-documented softening of the luxury market, the uppermost echelon of real estate in the city is still, well, ridiculous. Even though there are fewer nine-digit listings than in previous iterations of this list, some of the usual suspects remain.

We last took stock of the top end of inventory in February, and this go-round, several stalwarts have either left the market or gotten substantial discounts the lower end of the list now hovers around $46 million. And some biggies now have public listings.

And even as the list’s high and low ends fluctuate, one thing remains the same: the properties are all in Manhattan, and they’re all very expensive.

$67 million

When you picture an Upper East Side mansion, a few things probably come to mind: a classically-inspired facade, possibly made of limestone a grand, winding staircase opulent decorative details, including a fireplace or two and even more opulent amenities, which could include a pool, a spa, a greenhouse, or all of the above. This particular Upper East Side mansion has all of that and more, thanks to a renovation by Thierry Despont and Pierre-Yves Rochon .

$65 million

$59.466 million

$57.5 million

$55 million

$53 million

$52 million

$50 million

Questions To Ask Luxury Home Sellers

Equestrian Estate, Discovery Manor: a luxury home for sale in , , New ...

When youre buying a luxury home in Rochester, you need to keep in mind some of the important questions to ask the home seller. Keep in mind, some sellers will not field any questions but most luxury home sellers are happy to. Below are some of the best questions to ask luxury home sellers.

  • Why are you selling your Rochester NY luxury home?
  • Where are you planning on moving?
  • What are the PROs and CONs of this neighborhood in your opinion?
  • What should I know about your home?
  • When are you hoping to sell your home by?

Understanding the answers to the above questions when buying a luxury home can be very helpful. Realizing what a luxury home sellers motivation is can go a long way in negotiations. Since youre buying a home that is more expensive than most, its helpful to understand what a seller likes about their home and neighborhood and what they do not.

Again, the purpose is not to interrogate the homeowner but to learn about their thoughts and opinions of their home. A great way to start a conversation if the seller is willing to talk with you is, Id like to ask you a few questions as to why youre selling your home. Most homeowners would be willing to play along if they truly want to sell their home.

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Do I Need Any Special Offline Marketing To Sell Luxury Homes For Sale By Owner In Nyc

No. Advertising your home on luxury magazines and newspapers is a scam perpetrated by luxury listing agents to justify their enormous commissions.

All luxury home buyers will have at least 5 real estate agent friends who are keeping an eye on the market on their behalf. If the home buyer is actively searching, he or she will be consistently checking out listings sent by buyers agents or browsing popular real estate search websites.

Hoping to catch the eye of a luxury magazine reader is not an effective way to generate interest in your home sale.

Luxury Home Buying Advice Takeaways

When buying a luxury home in Rochester NY, its important that you remember, location is extremely important! Once youve determined the best location for your scenario, its critical to keep in mind what your priorities are in the luxury home youre looking to purchase.

If you have a local Rochester luxury real estate agent working in your best interests, you should have no problem finding the perfect home. The importance of having a top real estate agent can not be understated!

About the authors: The above information Rochester NY Luxury Homes For Sale | LOCAL Luxury Realtor®was provided by the Keith Hiscock Sold Team . With over 30 years combined experience, if youre thinking of selling or buying, wed love to share our knowledge and expertise.

We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY.

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Luxury Home Amenities That Buyers Want

There are certain amenities that luxury home buyers expect. In most Rochester area luxury homes, you will find many or all of the following amenities.

  • Prime location
  • Top of the line finishes and fixtures

The most important feature when buying a luxury home is the location. If a home is located in a less than desired area, it does not matter how many high end features the home has. Its important to always remember, location, location, location when buying a luxury home in Rochester.

Once youve found the location that is perfect for your situation, its important to prioritize what else is important to you. One of the best ways to help prioritize what is important in the luxury home is by creating a list of your wants, your needs, and your would be nice to haves. Keep in mind that there is likely not going to be a home that has absolutely everything on all of your lists.

Next begin your home search in the desired communities where youd like to buy a luxury home. Spending as little as 15 minutes a day looking at luxury homes in a desired community can help you understand what is available in your price range. Our luxury home buyers are set up on an automated e-mail program that sends new luxury home listings as soon as a home is listed for sale, if it matches a buyers criteria. This gives our luxury home buyers the opportunity to be aware of new listings before they are sold, which is critical!

Do You Need To Host Open Houses To Sell Luxury Homes For Sale By Owner In Nyc


No. Many luxury homes are sold without ever hosting an open house. However, there is too much bias on the internet against hosting open houses for luxury listings due to the possibility of unqualified buyers and even thieves showing up.

The former is a non-issue as its always better to have more exposure, word of mouth and even press about your listing. Reporters are known to show up to luxury open houses unannounced so it could be a way to get free press about your listing!

The danger of criminals entering your home is a much more significant reason to re-consider hosting an open house. You could try holding an open house by appointment only however, you still risk people showing up unannounced and saying that they didnt know you had to make an appointment.

Due to the high levels of security already present in most luxury buildings, the most common danger is petty theft at luxury open houses.

You can mitigate this danger by locking away valuables and either posting trusted security guards, or simply signing up for Hauseits Full Service for 1% listing service. You can also install security cameras to deter any would be thieves.

With Hauseits Full Service for 1% listing option, youll receive all of the benefits of a traditional listing with a brand name real estate brokerage for only a fraction of the commission. Furthermore, our partner agents will be on site at your open house to monitor visitors and help secure your home!

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Luxury Communities & Neighborhoods

Some of the most popular Rochester NY luxury home areas include:

  • Pittsford
  • Penfield

There are many great luxury communities in the Rochester NY area. Whether youre looking for an old Victorian home in the downtown district or a newly built home in an affluent neighborhood in Pittsford, you want to make sure find a home youll love. There are certain parts of the Rochester NY area that are experiencing high levels of new construction.

Once you determine where you want to buy your Rochester NY luxury home, youll need to learn more about the local homes. Its important to remember, luxury homes tend to sit on the market for a bit longer since there are fewer buyers with the budgets to buy a luxury home.

Luxury Homes For Sale In Rochester Ny

In the Rochester area, luxury real estate is defined as a home priced upwards of $500,000. On our website you can search luxury homes for sale in Rochester as well as the surrounding areas.

Luxury Homes For Sale

As you will see above, searching for luxury homes in Rochester is easy! By simply clicking the various real estate communities of the Greater Rochester NY area, you will be have at your fingertips all of the Rochester NY luxury homes that are currently for sale.

Buying a luxury home is much different because there are not as many homes to choose from. What this means for a Rochester luxury home buyer is the strategies and negotiations will be considerably different than purchasing a home for $150,000.

Below you will find some excellent information relating to Rochester luxury Realtors®, Rochester real estate information, and strategies to buying a luxury home in Rochester NY.

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Do I Need Special Marketing To Sell Luxury Homes For Sale By Owner In Nyc

No. The marketing exposure youll need to sell luxury homes For Sale By Owner in NYC is identical to that youll need to sell an average $2 million apartment in NYC.

Most importantly, youll need access to the citys shared listings database for brokers so you can effectively engage and offer commission to the citys buyers agents. This shared property database is operated by REBNY and is called the RLS .

While only brokers are allowed to list property in the RLS, you certainly dont need to pay 6% or even 5% just to list your property there. Through Hauseits Agent Assisted FSBO listing service, our brand name broker partners can list your home in the RLS for a small, one-time flat fee. No strings attached.

Note: Its important to work with a reputable broker who can list you in the RLS for flat fee versus just any discount broker as you dont want to scare off buyers agents or give them any reason to doubt the validity of your co-broke.

Does international real estate marketing matter? Read more in our study on why international real estate listing syndication schemes are largely a waste of money.

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Richard Gere Takes $242m For New York Retreat

The turnkey lifestyle estate in Westchester County, New York, which Richard Gere put up for sale toward the end of last year has gone to a new owner.

The eight-bedroom property, which encompasses a solid 50 acres in the idyllic hamlet of Pound Ridge, hit the open market with a $28 million asking price last October. In May it was under contract, and it closed definitively with a sale price of $24.15 million in the recent past.

Turnkey lifestyle is indeed the best way to sketch the sylvan home its extravagances lie in its spaciousness and in the breadth of its recreational possibilities. The estates main house is a rambling, two-level shingle-style with Dutch Colonial sympathies, and it contains a stunning array of indoor and outdoor living spaces, all sanctified as refined casual by tongue-and-groove, fieldstone, and weathered hardwood.

Highlights of the house include the breezy living room, which is studded with sets of French doors that open to an elevated stone terrace overlooking the natural beauty of Ward Pound Ridge Reservation. But the property is far more diverse than the mansion, and includes equestrian facilities, a private lake with a beach and covered lakeside pavilion, rolling lawns, a pool with a cabana, a pottery studio, and detached guest quarters.

Gere had long decamped the property for something thats a little easier to maintain he purchased a smaller spread in Westchester County for $9.8 million in early 2021.

Do I Need An Agent With A Deep Personal Network To Sell My Luxury Home In Nyc

No. This is a scam perpetrated by luxury listing agents to justify you paying 6% commission to have them list your home in the RLS.

As many luxury home owners have told us before, they felt that their traditional listing agents simply listed their home online and sat back to wait for their phone to ring.

A deep personal network is meaningless today when it comes to selling luxury real estate in NYC. Over 98% of buyers start their home search online.

The rest start by speaking with a real estate agent. Through Hauseits flat fee MLS listing service, youll be listed in the RLS plus dozens of popular real estate search websites such as StreetEasy, Zillow, Trulia, and more. By default, youll be able to reach every buyer whether they are represented or unrepresented.

Think about it, if a wealthy buyer is in the market to buy a home like yours, either they will see your home directly online or their buyers agents will see it for them on RLS. The buyer will either contact your listing directly or reach out through their buyers broker.

The fact that your luxury agent friend attends dinner parties with minor celebrities has no bearing on your homes exposure to potential buyers. Dont get blinded by the fluff!

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Buying Homes In New York

New York boasts a strong economy and abundant job opportunities. New York has so many home and lifestyle options that every home buyer is bound to find something that checks off every item on the wish list. Traditional homes in charming tree-lined street communities, modern townhomes for those looking for a low-maintenance lifestyle, waterfront living with an urban flair, and distinctive Manhattan condominiums are just a few of the options Toll Brothers offers to those in need of a new construction home in New York.

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