Buying a Luxury Home: Know the Market

A good agent will educate you about the market early in the process. How can you expect to make a smart decision about the market unless you understand the market, the neighborhood, prior sales and recent trends. Know what's been going on by doing the research and having your agent do his/her share. Find out about houses next door to the home you want to buy as well as current development. What type of economic indicators will have an impact on the market in the future.

Be sure to talk to your Virginia real estate agent about the local Charlottesville, Richmond, VA Beach or Northern VA market.