Frequently Asked Questions
Own Luxury Homes® is America’s Luxury Network for $1M+ homes. Local real estate agents in the network help buyers and sellers of fine homes and luxury properties navigate decisions shaped by the property, the market, and their goals.
A luxury primary residence, waterfront home, condominium, mountain home, second home, or estate can each require a different approach. These answers explain how to begin, what to consider, and what happens when you contact us.
About Own Luxury Homes®
What is Own Luxury Homes®?
Own Luxury Homes® is America’s Luxury Network for $1M+ homes. We bring a national perspective together with local real estate agents who have experience relevant to fine homes and luxury properties.
The starting point is the decision you are making: the property, its market, your goals, and what you need to understand before moving forward. Applicable real estate services are provided through the appropriately licensed brokerage in the relevant market.
What makes the property type important?
“Luxury” describes a broad range of homes, but the questions that matter are not the same for every property.
A waterfront home may call for attention to access, shoreline conditions, and insurance. A luxury condominium may bring association finances, rules, and building condition into focus. An estate or acreage property may require a closer look at land use, water, access, and improvements.
Local market knowledge matters. So does experience with the type of property you are buying or selling.
What types of homes does the network serve?
Local real estate agents in America’s Luxury Network work with buyers and sellers of fine homes and luxury properties, including luxury primary residences, waterfront homes, luxury condominiums, new-construction homes, mountain and ski homes, second homes, estates, ranches, and acreage properties.
The experience relevant to your decision depends on the particular home, market, and circumstances—not simply its price.
Buying a $1M+ Home
Can you help me buy a $1M+ home?
Yes. Begin by telling us where you want to buy, what type of home you are considering, your approximate price range, timing, intended use, and what matters most to you.
A local real estate agent can help you understand the market and consider property-specific questions as you evaluate homes and prepare for the next steps.
What should I consider before making an offer?
Start with the home and your intended use. Depending on the property, relevant questions may involve condition, comparable sales, financing, insurance, ongoing costs, access, association rules, land use, or future resale.
For example, evaluating a luxury primary residence may involve different priorities from evaluating a waterfront second home or a mountain property. Your local real estate agent can help bring the real estate questions into focus and identify when a qualified inspector, lender, attorney, insurer, or other specialist should be consulted.
Can you help if I am buying in another state?
A purchase in another state can introduce an unfamiliar market, different property considerations, and a different brokerage and disclosure process. Tell us where you are considering buying and what kind of home you want.
Agent availability, services, brokerage relationships, and required disclosures depend on the market and circumstances. Applicable services are provided through an appropriately licensed brokerage in the relevant jurisdiction.
Selling a $1M+ Home
Can you help me sell a $1M+ home?
Yes. Tell us about the property, its location, your timing, approximate price expectations, and your priorities for the sale.
A local real estate agent with relevant property and market experience can help you consider pricing, preparation, positioning, and how the home may be evaluated by its likely buyer.
Why does the likely buyer matter when selling?
Different buyers may value—and investigate—different features of a property. The buyer considering a waterfront home may focus on access, exposure, and insurance; the buyer considering a luxury condominium may look closely at the building, association, and rules.
Thinking about the likely buyer can inform how a home is prepared, described, photographed, priced, and presented. It does not mean assuming that only one kind of person could buy the property. It means making the home’s relevant features and considerations clear to the market.
Does every $1M+ home need the same selling strategy?
No. A luxury primary residence, new-construction home, second home, mountain property, and acreage estate can differ in comparable sales, buyer expectations, preparation needs, and marketing considerations.
A selling approach should reflect the individual property, local conditions, and your goals rather than relying solely on a standard price-point formula.
Working With a Local Agent
What happens when I select “Meet Your Local Agent”?
You can share whether you are buying or selling, the market, property type, approximate price range, timing, and what matters most to you. That information helps frame the relevant property and local-market experience.
Where an appropriate agent is available, a local real estate agent can contact you to discuss your goals and possible next steps. You can ask questions and decide whether to proceed.
What should I include in my request?
Include the city or market, whether you are buying or selling, the type of property, your approximate price range or price expectations, and your timing.
It is also helpful to mention how you expect to use the home, whether you have a particular property in mind, and any considerations—such as privacy, access, maintenance, or communication preferences—that could affect the decision.
Will I be required to work with an agent?
No. Making an inquiry or speaking with an agent does not, by itself, require you to proceed. You may ask questions, review the proposed approach and applicable brokerage disclosures, and decide what to do next.
Any representation relationship is addressed separately under the requirements applicable to the brokerage and market involved.
Is every local real estate agent a REALTOR®?
No. REALTOR® is a membership designation, not a general term for every licensed real estate agent. We use “local real estate agent” as the general description; REALTOR® should be used only when it accurately applies to a particular professional.
Does Own Luxury Homes® provide legal, tax, financing, or inspection advice?
A local real estate agent can help you identify questions that may affect a purchase or sale. Legal, tax, lending, insurance, inspection, engineering, and other specialized matters should be reviewed with appropriately qualified professionals.
Begin With Your Goals
Tell us about the home you want to buy or sell, the market, your timing, and what matters most. A conversation with a local real estate agent can help you consider the property and the decision ahead.