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Season 7 of “Selling Sunset” has premiered with its usual parade of luxurious Los Angeles homes, but something’s different this time around.
In the past, you see, the glamorous real estate agents at The Oppenheim Group enjoyed booming real estate market where homes were sold at light speed for top dollar. Today, though, high mortgage interest rates have cooled things down.
“Things are moving pretty slow in the market right now,” agent Mary Fitzgerald admits.
This observation is made brutally clear in the aptly named season premiere, “The Real Estate Apocalypse.”
“We don’t have as many buyers out there trying to buy,” Fitzgerald continues. “We don’t have as many sellers willing to sell. I think every agent has to really get out there and hustle, otherwise, you’re going to be out of a job.”
Another agent, Bre Tiesi, agrees: “Today’s real estate market will show who’s the top agent and who’s not.”
The same holds true for their listings: Only the very best get offers today. But what does “best” mean?
It’s apparent that some home features garner the most air time in the premiere episode and pique the interest of these buyer-savvy agents. Their reactions show that even in a sluggish market, certain things still capture the imagination—and they aren’t always what you might think. Here’s what “Selling Sunset” taught us about selling a house right now.
Outdoor space matters as much as the indoors This house is stunning, inside and out.
(Netflix)
At the beginning of the episode, Tiesi shows fellow agents Emma Hernan and Amanza Smith a stunning five-bedroom, six-bathroom home listed at $15,995,000. The Beverly Hills mansion is 9,400 square feet, but Tiesi points out that just as much of a selling point is the 6,000 square feet of exterior space—including a yard with a pool, multiple patios covered with Italian marble, and a gorgeous view of the city.
The glass doors let in lots of light and show off the Beverly Hills sights.
(Netflix)
Of course, any buyer looking at this house will want to enjoy indoor-outdoor living, so it’s no surprise that the place is covered in glass doors.
“The whole house has pocket sliding Fleetwood doors,” Tiesi says. “This house is top tier, you guys.”
A luxurious main suite is a valuable retreat This fireplace adds something special to the main bedroom.
(Netflix)
The main bedroom is also a standout with a modern fireplace that Tiesi calls “very Zen” and a unique wood storage feature that reaches the ceiling.
This spacious room serves as a good reminder that buyers want to be impressed by the main bedroom, because this is their personal getaway every day.
Balconies make homebuyers swoon This high-end bedroom features a large balcony.
(Netflix)
In another home these agents tour, the main bedroom is also beautiful, with a fireplace and lots of space for a large bed and seating area. Still, it’s the private balcony that makes the biggest impression. The future homeowners will be able to enjoy the extra living space and the outdoors while nestled within their boudoir.
Bold finishes can help a house stand out This bathroom really stands out.
(Netflix)
Later on, Nicole Young shows Fitzgerald a beautiful eight-bedroom, 16-bathroom home in Brentwood. They mention that the $26 million price tag seems steep, especially with the mansion tax coming into effect. With this one-time tax, Young explains, properties that are sold over $5 million will have an additional 4% tax, while any property over $10 million will have an additional 5.5% tax.
“Those are huge numbers, and I think it’s going to be a massive detriment to the real estate market,” she adds.
Still, this home might be worth the list price, as it has lots of impressive features, including a main bathroom that is filled with Italian marble in a dramatic pattern.
“This stone is really loud and really busy, but I really love it,” Young says.
It’s a bold design choice that could pay off.
The right lighting can make a good house look great This bar looks great with the feature wall beside it.
(Netflix)
Also in the premiere episode, Heather Rae El Moussa and Tiesi tour another Los Angeles house with six bedrooms and eight bathrooms. The house is listed at a hefty $6,939,000 in part because of its stunning basement. This lower level features a bar and home theater, both decorated with modern wall lighting.
These lights enhance the luxurious and hip ambiance. While lighting alone probably won’t sell a house, it can certainly help, especially when it’s like this.
The home theater also has fun mood lighting.
(Netflix)
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This article was originally published by a www.realtor.com . Read the Original article here. .