The Art of Selling Luxury Homes

For sale: modern Corona del Mar beauty, featuring state-of-the art electronics, a water treatment system, three pools, two spas, eight bedrooms and 10 bathrooms.

Oh, and a bowling alley, vintage movie theater, cafe, gymnasium, auto museum, wine cellar behind a bank-vault door and just under an acre of beachfront land.

Asking price?

$75 million.

That makes Portabello, as the mansion is known, one of the three most expensive residences currently for sale in America. How much will the real estate agent signed to market the home get?! $4,500,000???

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Just one commission check can be more money than you made ALL of last year!

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Donald Trump’s $125 million Palm Beach mega-mansion is currently the most expensive home on the market anywhere in the U.S.

Number 1: Maison de l’Amitié (Palm Beach, Fla.), $125 million.

Number 2 - Three Ponds Farm Estate (Bridgehampton, N.Y.), $75 million. Features: U.S.G.A.-rated golf course, 14 gardens, waterfront views and more than 20,000 square feet of living space.

The architect of record for the mansion is one who has worked on the White House and also on Rockefeller Center. I wonder much did Cheryl Gordon Krongard, the owner, paid in real estate fees?!

Number 3 - The Penthouse at the Pierre (New York, N.Y.), $70 million (the highest-ever asking price for a Manhattan apartment).

The penthouse located at Fifth Avenue in New York got to be one of the most extreme apartments out there. The 16 room apartment is located within one of the world’s best hotel, the Pierre Hotel, and the top three floors can be yours.

5 bedrooms, 7 bathrooms, 5 fireplaces, a grand terrace and a spectacular 360 New York view can be yours for a measly $70 000 000.

This 8 bedroom luxury home priced $32,500,000 will bring $195,000 in real estate commissions to the listing agent!

Is selling million dollar homes worth it?

This entry was posted on Tuesday, October 23rd, 2007 at 11:46 am and is filed under FSBO. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.