{"id":1609,"date":"2017-03-06T00:00:00","date_gmt":"2017-03-06T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/acquaint-yourself-3-tiers-of-wealthy-buyers\/"},"modified":"2017-03-06T00:00:00","modified_gmt":"2017-03-06T00:00:00","slug":"acquaint-yourself-3-tiers-of-wealthy-buyers","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/acquaint-yourself-3-tiers-of-wealthy-buyers\/","title":{"rendered":"Acquaint Yourself: 3 Tiers of Wealthy Buyers"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"45.933507170795\">\n<!--\n\n<pre>-->  \n  <div property=\"dc:description\" readability=\"41.246414602347\"><!--paging_filter--><p>Wealthy home buyers can be broken into three tiers, according to a new report, \u201cThe Affluent Homebuyer: A Quest for Meaning,\u201d by Luxury Portfolio International.<\/p>\n\n<blockquote readability=\"1.0576923076923\">\n<p><strong>Read more<\/strong>: <span class=\"l\">4 Myths About Working With Luxury Clients<\/span><\/p>\n<\/blockquote>\n\n<p>Those three segments of the luxury buyer market are:<\/p>\n\n<ul><li>Practical Explorers: $1 million-2 million range<\/li>\n\t<li>Meaning Seekers: $2 million-5 million<\/li>\n\t<li>Power Players: $5 million-plus<\/li>\n<\/ul><p>Practical Explorers, for example, tend to prefer the expertise of a <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/apartment\"   title=\"real estate\" data-wpil-keyword-link=\"linked\">real estate<\/a> professional to guide them, looking for \u201ctrusted experiences,\u201d according to the report. Eighty percent say they prefer to work with a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> agent on their transactions.<\/p>\n\n<p>Meaning Seekers often seek status that comes from owning luxury real estate. They also tend to value sustainability (74 percent) and want their purchases to mean something.<\/p>\n\n<p>As for the top tier\u2014the Power Players\u2014they want the absolute best and they\u2019re willing to pay a premium for it. Eighty-three percent of Power Players surveyed say they choose the best and expect the price to reflect that. They want to feel confident that their purchase is \u201cunrivaled excellence,\u201d the report notes.<\/p>\n\n<p>\u201cFor today\u2019s <a href=\"https:\/\/amazingproperty.com.ng\/blog\/find-a-reliable-realtor\/\">real estate agent<\/a>, it\u2019s critical to understand the mindset of the affluent consumer,\u201d says Paul Boomsma, president of Luxury Portfolio International. \u201cThe research shows it\u2019s clear that not all consumers are the same, and part of speaking their language is understanding their deepest motivations.\u201d<\/p>\n\n<p>Download the full report. <\/p>\n\n<p><em>Source: Luxury Portfolio International<\/em><\/p>\n<\/div>\n  \n    \n<\/pre>\n\n<\/div>\n\n\n<br \/>[ad_2]\n<br \/><a href=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/FR7YNLlBwmc\/acquaint-yourself-3-tiers-wealthy-buyers\"> link <\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wealthy home buyers can be broken into three tiers, according to a new report, \u201cThe Affluent &hellip; <a title=\"Acquaint Yourself: 3 Tiers of Wealthy Buyers\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/acquaint-yourself-3-tiers-of-wealthy-buyers\/\"><span class=\"screen-reader-text\">Acquaint Yourself: 3 Tiers of Wealthy Buyers<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1610,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[695,4751,1403,15239,516,205,12908,543,5763,41,818,84,385],"class_list":["post-1609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-agent","tag-amazing","tag-buy","tag-chase","tag-estate-agen","tag-estate-agent","tag-home","tag-home-buying-guide","tag-luxury-real-estate","tag-property","tag-real","tag-real-estate","tag-real-estate-agent"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/FR7YNLlBwmc","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":33729,"url":"https:\/\/amazingproperty.com.ng\/blog\/luxury-real-estate-market-increase-in-demand\/","url_meta":{"origin":1609,"position":0},"title":"Luxury real estate increased in demand","author":"Amazing Property","date":"April 6, 2022","format":false,"excerpt":"The Nigerian luxury real estate market is getting a significant boost. The Nigerian luxury real estate market is getting a significant boost from increasing number of wealthy individuals, who are seeking to own multiple homes and new portfolios. The luxury residential market increased last year as a result of the\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"luxury real estate","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/08\/Real-estate-blog-in-Nigeria.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1440,"url":"https:\/\/amazingproperty.com.ng\/blog\/luxury-sellers-arent-going-to-like-this\/","url_meta":{"origin":1609,"position":1},"title":"Luxury Sellers Aren\u2019t Going to Like This","author":"Amazing Property","date":"February 28, 2017","format":false,"excerpt":"[ad_1] More high-end home sellers across the country are being forced to offer discounts as the luxury real estate market shows signs of softening, The Wall Street Journal reports. Read more: Luxury Owners Rethink How They Use Space \"Buyers are very price sensitive,\" says Donna Olshan, a real estate professional\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9293,"url":"https:\/\/amazingproperty.com.ng\/blog\/demand-for-nigerias-luxury-real-estate-dips\/","url_meta":{"origin":1609,"position":2},"title":"Demand for Nigeria\u2019s luxury real estate dips","author":"Amazing Property","date":"August 31, 2019","format":false,"excerpt":"Real estate The Nigeria\u2019s luxury real estate market has taken a beating lately due to several fundamentals, which include stricter government regulations and economic factors. Developers\u2019 over-exuberance and government crackdowns to check money laundry in the real estate sector combined to end the selling frenzy and leave developers, lenders and\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Real estate news","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1889,"url":"https:\/\/amazingproperty.com.ng\/blog\/in-luxury-more-sellers-become-the-tenant\/","url_meta":{"origin":1609,"position":3},"title":"In Luxury, More Sellers Become the Tenant","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"The practice of sellers renting back their home after the sale is increasing in a number of high-end markets, The Wall Street Journal reports. As housing supplies remain tight, some sellers are finding they may need some extra time to relocate. For home buyers, the deal may be appealing because\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127076,"url":"https:\/\/amazingproperty.com.ng\/blog\/luxury-real-estate-market-trends\/","url_meta":{"origin":1609,"position":4},"title":"Luxury Real Estate Market Trends","author":"Amazing Property","date":"May 26, 2024","format":false,"excerpt":"Market Performance Overview Luxury real estate markets are experiencing notable shifts. In the first quarter, luxury home prices rose by 9% compared to the previous year, double the increase for non-luxury homes. The median luxury home price reached a record high of $1,225,000, despite elevated mortgage rates. Affluent buyers remain\u2026","rel":"","context":"In &quot;RealEstate&quot;","block_context":{"text":"RealEstate","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/realestate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/luxury-real-estate-market-trends.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/luxury-real-estate-market-trends.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/luxury-real-estate-market-trends.jpeg?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/luxury-real-estate-market-trends.jpeg?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/luxury-real-estate-market-trends.jpeg?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1866,"url":"https:\/\/amazingproperty.com.ng\/blog\/abuja-sees-600000-housing-gap-as-luxury-real-estate-rises\/","url_meta":{"origin":1609,"position":5},"title":"Abuja sees 600,000 housing gap as luxury real estate rises","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"Amid the challenge of housing\u00a0the poorest citizens at a reasonable cost, the findings of a representative household survey in FCT demand affordable housing and related housing finance. The report argues that the potential opportunities in the Abuja market are significant and deserve increasing attention The lull in activities in the\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Abuja-City-Gate.jpg?fit=640%2C359&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Abuja-City-Gate.jpg?fit=640%2C359&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Abuja-City-Gate.jpg?fit=640%2C359&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/1609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=1609"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/1609\/revisions"}],"predecessor-version":[{"id":90724,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/1609\/revisions\/90724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/1610"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=1609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=1609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=1609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}