Are you planning to move internationally but not sure where to start? A process this in-depth comes with a host of logistics, like figuring out the best time to move, the perfect property to buy, and the daunting task of making connections in your new city. This can all feel overwhelming. However, working with a luxury real estate agent will give you a head start in ways you didn’t even know. They can give you knowledge that’s not available to the public, resources to help ease the process, and most importantly, peace of mind that you’re making the best decision in the end.
1. Deep Understanding of the Market
A luxury real estate agent will be able to offer you an intimate and knowledgeable understanding of the market. They will know the details of every neighborhood you’re looking at, what has been selling, what is about to take off, and whether your property will go up or down in value in the near future. They can show you comparable sales in those neighborhoods as well as what a future of owning in that location could look like.
A luxury real estate agent with an impressive track record of sales will make sure that you have all the information you need. You will never have to worry if you’re paying too much for a property or if it’s the right time to buy, which will allow you to make a confident, fully informed decision. This will save you time and money and set you up for future success with your property.
2. Hyperlocal Specialty
A luxury real estate agent will be able to tell you what it’s like to actually live at the place you’re buying. There is a lot of information on the internet, but nothing is as reliable as someone whose job it is to know the details of your new home, neighborhood, and city. Thanks to their track record of helping people buy and sell in the neighborhoods you are looking at, they’ll have valuable knowledge to share about what it’s like to live there.
The right luxury real estate agent will also be able to give you information on the following:
◾ Average price per square foot in various neighborhoods
◾ A few local amenities that residents love
3. Knowledge of the Future
As much as anyone can know the future, a luxury real estate agent will be able to tell you what’s going to happen in your prospective neighborhood. For example, you’re looking to buy a gorgeous luxury condo in Manhattan, and you love the view. Your real estate agent will be able to tell you how that view might change over time or if another building is approved to be built nearby. That information takes a lot of work to find on your own, and you might miss something if you don’t have the right sources. Missing pertinent information, like what developments are happening in your neighborhood, can be costly and disappointing. Working with a luxury real estate agent will take that worry from you because their job is to have the knowledge that you don’t.
4. Help Sift Through Information
The internet is full of information for those who are looking to make an international move, from people who have done it successfully and unsuccessfully to people who just like to give opinions online. With such a large amount of helpful (and less helpful) hints, it’s hard to know what is actually good advice and what is going to get you in trouble, especially when all the advice starts contradicting itself. Working with a luxury real estate agent will eliminate that whole process for you—they will find out what you want and then will help you understand what is and is not important to your move.
5. Connections to Other Experts
Buying a home internationally requires the help of a lot of people beyond just your real estate agent. Finding and vetting them can take more time and effort than you would like to spare. However, the right luxury real estate agent will make that process easy for you from start to finish. They will provide you with referrals to attorneys, help connect you to mortgage brokers, or help you find an accountant. They will also know the best repairmen or inspectors for your new property. With their network of professionals, they will be able to provide everything you need through the process. The best part? These experts come from a trusted source, so you can rest easy knowing you are in good hands.
Luxury real estate agents are exceptionally discrete. The right ones have a successful track record of working with high-end clients, so they are meticulous about keeping your details private. A good real estate agent knows what information is important to the sale and keeps the rest under wraps to maintain your privacy.
7. Dedication to Your Needs
You know what you want from your move, but you may not know the best way to get it. Working with a luxury real estate agent ensures that you will always have someone in your corner as you go through the process. They will make sure they know what you want and will be relentless in their pursuit of getting it for you. This means you can be free to enjoy the process and make the best decision knowing that your needs and wants are being prioritized.
8. Support System
Moving to a new city and finding your community can be daunting, especially if you don’t know anyone. Not only will you have to find the best places in the neighborhood to hang out, but you’ll have to meet new people all on your own. This isn’t impossible, maybe it’s even fun sometimes, but wouldn’t it be nice if you could have access to a whole network of people from the start? Working with a real estate agent can benefit even something like your social life. They’ve likely sold properties in your same building or in your neighborhood and can make introductions to new friends, colleagues, and neighbors they think you might get along with. Thanks to your real estate agent, you’ll not only have an incredible new home, but you also have access to a new network of people in the city.
9. Amplifying your lifestyle
A luxury real estate agent will help you find the right home, connect you with experts, and introduce you to neighbors. But with an expansive network of connections, they could also help you beyond closing. Whether you want tickets to a popular show, access to elite educational events, or an invitation to a party, they may be able to help you find what you’re looking for.
If you’re ready to make the jump and buy a property internationally, now is an excellent time to do so. Work with an experienced Manhattan realtor like Kobi Lahav to make sure you have all the information, gorgeous options, a new network, and incredible support through the buying process.