In Southern California, where there is no shortage of beautiful communities filled with the some of the finest homes in the world, the decision to invest millions of dollars in a property is not one that can often be easily made. So much consideration goes into determining if a home is the right one or not, and as a result some high-end home buyers have been asking to test drive homes their interested in for a night or two before making the decision to purchase.
It can be difficult to imagine living in a home just from visiting it for an hour or so at a time, so in order to give potential buyers a better handle on a home, some developers, listing agents and even home owners are inviting buyers in for an extended amount of time. By giving potential home buyers some time alone in the home, they can better evaluate the various factors that affect a home purchase decision such as getting along with the neighbors, noise levels in the home throughout the day and night or even fancy amenities such as high-tech automation.
Although it can be tricky to convince home owners to let complete strangers into a home for a few hours on their own or even a night or two. However, when the rare occurrence does work out, many buying agents are encouraging buyers to take advantage, if for nothing more than the peace of mind in making the right decision.
“It makes sense; you spend more time trying on a pair of shoes than you do buying a house,” says Susan Vanech, a Westport, Conn.-based agent who recently spoke to The Wall Street Journal. “It’s quite possibly the largest individual investment you’ll make in your life.”
Other Programs Appeal to Luxury Home Buyers
While getting a night alone in an individual home on the market can be rather rare, some development companies are encouraging trial periods in homes. For luxury buyers looking for a vacation home on the island of Maui in Hawaii, the Honua Kai Resort and Spa offers a Stay and Play program. The resort features condo units ranging from $985,000 to $3.9 million, some of which can be rented for $250 up to $2,200 per night. If, at the end of their stay, clients want to buy the condo the cost of the stay can be applied to the purchase.
According to Erika Alm, who oversees sales and marketing for Honua Kai, this method has been effective in helping to get units sold.
“Some people know they’re going to buy at Honua Kai but they’re not quite sure,” she said to The Wall Street Journal. “They make an offer and then say, ‘Could we try this out?’”
Are you looking to get to know a Malibu home of your own? If so, please reach out to our team today. We’d love to help you find the perfect luxury home for you and your family.
Check out these Malibu homes priced from $4 million to $7 million
$5,950,000 : 5800 Trancas Canyon Road, Malibu4 beds, 4 baths
$4,995,000 : 1172 ENCINAL CANYON Road, Malibu12 beds, 9 baths
$6,350,000 : 6368 SEA STAR Drive, Malibu6 beds, 6 baths
$4,995,000 : 23287 PALM CANYON Lane, Malibu6 beds, 5 baths
$6,495,000 : 31554 VICTORIA POINT Road, Malibu3 beds, 4 baths
See all City of Malibu Luxury Homes For Sale.
(all data current as of 6/22/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.