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Use This Simple Script to Unlock Expired Luxury Listings in Your Area

        

Hey guys, quick stat that can be meaningful for all of us is this:

Luxury home sales are up 81% compared to a year ago.

Now, why would that be? Why are affluent buyer's coming into this market so heavily?

The answer is they're smart. And they understand they can buy an existing luxury home for far less than it would cost for them to buy a piece of raw land, develop that land and build a new property of a similar size.

So they're seeing these as bargains.

Now yes, of course, prices have risen as demand has risen. But still — its way under what it would cost to build new construction.

So this is an opportunity for all of us that work in a market where there's some affluent housing.

Go back and look over the past two or three years of all the expired listings in the luxury market and target those listings. We know there's now a massive demand.

But it's a place where a lot of agents don't feel confident or comfortable. And so they...

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The Little-Known Luxury Housing Market Secret That’s a Huge Opportunity for You

        

Hey guys, interesting stat for you:

Luxury housing is soaring! It's up 81% from the number of transactions from last year to now.

Now why would that be?

The answer is if you look at the luxury housing market in most areas of the country, you could not build that luxury home for what you're paying for it today. Because construction costs and land development costs have gone so high.

When people with money are looking at these listings, they're saying, "Hey, wait a second. This is an opportunity. This is a market opportunity for me to buy, because I know I couldn't build it for the same price."

They're actually buying at a discount in their minds. Even though prices have risen, they haven't outpaced what it would cost to build these luxury houses.

So this is still an opportunity. It's a market space. And a lot of people haven't focused on it. But there's a lot of great, great buys within the luxury market space.

So check it out,...

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