Atlanta is a city known for its luxury real estate properties. In this market, super-luxury properties are those with a value of $10 million or more. Here’s how the super luxury property real estate market works in Atlanta:

Exclusivity

Super luxury properties are extremely exclusive and, usually, are not listed on the open market. This means that properties are not posted on real estate websites or on the MLS (Multi Listing Service). Instead, they are sold privately and are only available to buyers who meet certain criteria.

The Power of the Network

The super luxury property market in Atlanta relies primarily on networking and personal relationships. Luxury real estate agents maintain a network of potential super luxury property buyers and sellers and work closely with them to ensure the successful sale or purchase of a property.

Customization and Attention to Detail

In the super luxury property market, customization and attention to detail are crucial. From cutting-edge architecture to luxury amenities, super luxury properties are designed to meet the living needs of their potential buyers.

Longer Time on the Market

Unlike normal properties in the real estate market, super luxury properties often stay on the market for longer periods due to their exclusivity and high selling price. However, when super luxury properties are sold, it is common for them to be sold in cash and with a faster closing time.

Recent Market Changes

In recent years, there has been an increase in the construction of super luxury properties in Atlanta and the nearby suburbs. Because of this, the market is expected to continue to prosper and create exciting opportunities for buyers and sellers in this sector of the real estate market.

In summary, the super luxury property real estate market in Atlanta is an exclusive and personalized world that relies on networking and attention to detail to sell properties successfully. With longer periods on the market and recent market changes, the super luxury property real estate market in Atlanta is constantly evolving and offering exciting opportunities for buyers and sellers. If you’re interested in this real estate sector, remember to work with a trusted luxury real estate agent with experience in the Atlanta super luxury property market.