Who Else Wants To List Luxury Homes For Sale?

Katerina - simple! LOL...however, how true. Anything is possible - how hard one tries and how relentless one is in his goals...

With smiles,

Bo in Yukon

Katerina - Having the right attitude is definitely half the battle for anyone looking to get into the luxury market.  Here along the CT shoreline, the waterfront market is where those million dollar listings are.  While our prices are no where near yours, it can be a very lucrative market and one that thanks to you I'm still pursuing. 

There is a lot of mature wisdom in this posting.

I was raised in a household where "money is evil" and get this ... "the rich people got their money from stealing it from the poor people".

Took me a long time to learn that "rich people" are subject to the same heart breaks and hard brakes as the rest of us.

Katerina the question just gave me a good chuckle. It is easy to see why the agent has not been able to break into the market. It seems the perception is that someone that has money is a jerk, harder todeal with, snobby?? Some of the nicest people have money.

Katerina, I think it is important to keep my practice balanced in terms of price ranges.  I work the high end market, but also love to help out kids buying their first places for a lot less money.  And as far as listings go, I think a lot of luxury home wanna be agents put very high prices on homes that don't justify them.  It's more important that the price be right than that it be in the high end without the justification.

Great advice. I do think that people regardless of wealth tend to align themselves with people of like minds and tastes. My uncle who is on Forbes list every year you would never know he had money, unless you looked at his shoes :)

Katerina - It took me over a day to read and ponder on this post before I could comment. I am pleasantly surprised with your answer. It is not something I expected - not because I expected people in luxury homes to be different (have 3 heads and 4 arms) but it was a simple yet good answer. I think I would just have to confidently do my own thing and someday, my efforts will pay off.

However, there is one segment of the post that I dont necessarily agree with (or I agree with - I'm confused which is which):

I think listing luxury homes have nothing to do with perception of money. In my opinion, money is amoral. It has no "positive" or "negative". It does what it does. I know of very rich people who are money hoarders and I also know of very rich people who freely give them away. I know of some very poor people who are stingy and I know of some very poor people who would give everything away.

So, this is where I am confused about your post. Where does the perception of money come into play with listing luxury homes?

I believe if your avenues of business comes from blogging and other Internet marketing efforts, then yes - you don't have to necessarily "drink wine" and be on the golf course. But if you work directly with your Sphere of Influence (friends and family and referrals from them) need to be in the circle. And again, I'm not sure if the perception of money has anything to do with listing luxury homes or how business comes from.

I like the fact you pin point about the highest and best use of your time. I realize that. Hence, it is my goal from here on out to be blogging about more expensive communities in my area since I know blogging has made me 55% of my current income in 2009 alone.

I'll be looking forward to reading how you landed your Million Dollar listing.

Luxury homes are a great niche in some large markets.  But in many smaller markets luxury homes are just a tiny portion of the marketplace....and a target of much competition.

Katerina- Just a comment...was curious if you had read the comments on a different post where you were talking about ONLY making 250,000 now versus before.  I also want to thank you for giving me some good material for Posts.

Very inspirational.  I believe this to be the case that you can get into this market with the right attitude.  I know I'm trying.  I'm working on my luxury blogging right now.  I previewed 25 million dollar plus home this past week on the Denver Luxury home tour.

I love this post. I was just commenting on Loreena's blog about million dollar sellers are usually more easier going than my other sellers in my working experience. Million dollar sellers are very much like any other sellers who are looking for hard working agents with good attitude and knowledge from the market place. We are certainly not million dollar home owners ourselves but we do have the trust from the million dollar home owners to represent them in the selling/marketing process of their homes!

Now featured on the Million Dollar Homes Group.  Thank you!

This is a great post! I work for a luxury builder out here in Ft Worth.  We build from the 700s to over 2 mil.  I have just started this 2 months ago and I can tell you the prospects have been great.  These people have been very down to earth and not as picky as I thought.

I am slowly but surely reading through many of your posts. Thank you very much for your insite and sharing of so much information! 

This post in particular has me looking at my beliefs about myself and is so very encouraging - stepping out of my comfort zone these days has become more and more difficult.  I keep repeating "no risk, no reward".