Luxury homes in Sacramento
Because Lyon Real Estate is one of the oldest and well respected real estate companies in Sacramento, we often get invited to tour new projects before the public hears much about them, including the new luxury condos in downtown Sacramento, . In fact, a woman from outside of Sacramento called a month ago, demanding to tour luxury condos in downtown Sacramento, and apart from the units at 500 N Street, we had to tell her there aren’t any. Yet. Yet being the operative word.
Well, there have been a few, but there are none for sale now. The condos at the top of the Marriott come to mind, the Penthouses at Capitol Park, but those sold out. Lots of false starts and promises on other projects, but now that we have the Golden 1 Arena, downtown Sacramento is suddenly burning red hot.
If you’re looking for a luxury home in Loomis, you might want to consider taking a look at this fairytale castle. Turn out it was the first home ever to sell in the Sacramento area for more than a million dollars. It was one of five spec homes built in the 1980s. Yet what a home! It doesn’t quite compare to the Hearst Castle Upstairs Suite Tour from last Sunday, but it’s still spectacular. Feast your eyes on this photograph, used with permission from the seller. If you’ve got $2,390,000, this home could belong to you.
Selling million dollar homes in Sacramento is slightly different than entry-level homes but not in the way that most people would think. Sure, there are luxury home Realtors in Sacramento who live in gated communities and specialize in million-dollar homes in Sacramento, but many of those agents don’t sell very many homes. Maybe 3 or 4 homes a year. If they double-end the transactions, they can earn as much as agents who sell 50 or more homes in the median-priced neighborhoods. Not bad for a handful of sales a year. But does it mean they have gained a lot of experience selling million dollar homes in Sacramento? Probably not.
How would you like to get your real estate license and close a multi-million transaction as one of your first? I suspect that scenario is every new agent’s dream. It’s probably also the way many in the public view the work of real estate agents; that it’s glamorous, just like on HGTV, and we wash our hair in champagne for extra bounce and body. In actuality, it is extremely hard work, especially starting out when there is so much to learn and not much in time in which to acquire that knowledge. It’s not always a case of selling luxury homes in Sacramento for a newer agent. In fact, it’s rarely.
There are many ways to sell a luxury home in Riverlake, Sacramento, that involve overcoming objections to a low appraisal, which is why I employ different strategies for my escrows depending on the circumstances at hand. It’s a custom-designed strategy, I guess you could say. I won’t sugarcoat the process and say it’s completely stress-free for sellers, but like childbirth, I think they focus more on the end result after it’s over.
I recently closed two waterfront homes in Riverlake, almost directly across the water from each other. The first home was in Cobble Shores and smaller than the second home in Stillwater. The views were different as well as the home in Cobble Shores enjoyed a north facing view of the water and the back yard of the home in Stillwater faced south. Personally, I prefer the south-facing view.