Luxury Home Buying Guide Minneapolis Bruce Birkeland GroupBruce Birkeland Group
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Luxury Buyers Guide

SMART BUYING FOR SPECTACULAR HOMES.

Bruce Birkeland has spent 29 years creating the most recognized local brand in the Minneapolis real estate market. With over 1,000 sold properties totaling over $1 Billion dollars in sales, Bruce brings unparalleled experience and a relentless commitment to the clients and communities he serves.  While this luxury home buying guide offers a quick overview to some of the issues or questions that face upper bracket home buyers, please don't hesitate to contact Bruce with your specific questions or requests.

UNDERSTAND THE BUYING PROCESS.

Buying a luxury home offers new excitement and expectation but it also offers some new challenges and twists in the process. The need for proper appraisal and market valuation is even more critical in upper-brackets homes—after all, tens, hundreds of thousands of dollars are often at stake.  The pool of buyers can be smaller but their patience and resources are greater. So understanding the offer, negotiation, and financing process is key to success in a competitive market.

TO KNOW THE MARKET, YOU NEED TO KNOW THE NEIGHBORHOOD.

The Twin Cities is home to dozens of extraordinary neighborhoods—each with a unique look and feel.  Whether you're  shopping for large estates, homes on a park or golf course, on a lake, or one of the many upper-bracket urban areas in the Twin Cities, there's much to discover.  You'll want to understand area history and trends, future plans, micro-market conditions, and the inside, neighborhood story.

WHAT'S HIGH PRIORITY FOR HIGH-END HOMES?

A luxurious home is not just a well-appointed home. Or a big lot. Or a 6 car garage. Rather, a luxurious home is one whose amenities reflect the owner's lifestyle and dreams. There are some amenities buyers will splurge on. This is why it's important to have a clear list of amenities that are priorities for you and whoever you're living with. By understanding exactly what you're looking for in terms of amenities and what you'd be willing to give up will make the process a lot easier. You also wont be confused when it comes time to pull the trigger. You want to be 100% confident when you find the perfect place and find one that matches your top priorities.

FINANCIAL FORESIGHT

The loan process for luxury homes typically takes longer than for smaller mortgages. Even if your financials are in good order, it may take 45 to 60 days to secure a loan. Since it can take extra time, and because the seller of a luxury home is often interested in showing only to qualified buyers, many real estate agents recommend having your mortgage broker, loan officer or personal banker obtain your financing approval early on in the process.

LEARN HOW TO MAKE YOUR BEST OFFER, BETTER.

In the Twin Cities real estate market, multiple offers are a part of the process for homebuyers. A knowledgeable Realtor can guide you through writing the offer in a way that will help your offer stand out from a stack of other offers. With Bruce's deep local experience and established relationship with other luxury real estate agents, he can help you craft a viable, compelling offer that offers success while protecting your financial and legal interests.

Relocation

Bruce and his team offer deep experience and a full suite of concierge services for domestic and international relocation.

  • Not a one community realtor
  • Intimate knowledge of micro markets
  • Network of vetted residential service providers
  • High-end, high touch approach

A CEO'S RECENT EXPERIENCE:

“Bruce was an awesome resource in helping our family find a new home and relocate to Minneapolis.  Bruce’s knowledge of the Twin Cities is remarkable. Unlike other Realtors that specialize in one area, Bruce knows many areas, which was extremely helpful in our search for a new home. Being a native Minnesotan, Bruce is informative and knowledgeable regarding various cultural activities, which ultimately guided us in our choice of home location.  His outgoing personality along with his “down to earth” approach was very welcomed and appreciated.  We loved working with Bruce!”

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