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Celebrity Homes – 3 Reasons Why Celebrities Buy From Each Other

As it is evident in most TV shows, many people love celebrities. As a result,

they want to know exactly what their favorite TV personalities are doing.

Where they live, what they wear, drive, eat, and who they date or marry.

Trying to understand how celebrities live their life when off the screen can

be disheartening but it can as well be fun and profitable.


For the real estate vultures, celebrities almost always get into the business

of selling and buying their homes. For whatever reason for selling their

homes or buying a new home, their properties will stay on the auction list

for a very long time before they can get a suitable somebody with a good

taste for luxury to get it off the market. However, many will prefer not to

list their homes but rather sell directly to interested individuals or other

celebrities.


3 Reasons Why Celebrities Are Always Buying Each Other's Homes


There are so many reasons why celebrities end up buying houses from

other rich and influential personalities but, we’ll focus on 3 important

aspects: The Location, Features, and Inimitability.


Location


Most at times, the rich and famous go through the dilemma of buying a

house. They often wonder if the house they are going for suits and protect

their identity. We all know how important it is for celebrities to keep their

life away from the public. Instead of looking at listed homes, they prefer

acquiring a new home from those within their circle. They do this to stay

away from the limelight and to avoid their fans and others to know Where

they live.


Celebrities love security and they’ll feel more at ease knowing that where

they are relocating to was owned by another celebrity and that means

maximum security.


Features


Stars and other influential personalities have special needs that regular

people don’t. Celebrities’ houses have certain unique amenities and

features that only a fellow celebrity would love.


Inimitability


Usually, when somebody sells a house, their realtor put the property up for

sale on the local Multiple Listing service. They set a price and people visit

the property and negotiate. Celebrities, however, are never drawn to

homes that are listed on the MLS. They often want something unique,

something that will differential them from regular people and identify who

they are. So, they go for properties that no one else but another celebrity

has seen or owned.


Privacy is also an important factor even though not listed amongst the

aforementioned points. Celebrities want many of the real estate

transactions done in secret. That is in a way that regular folks would never

know. They want to avoid the media and audience from asking questions

like what’s the reason behind their decision? Are they undergoing a

financial crisis? Are they in some trouble or something? Or are they

changing their lifestyle? Celebrities do want to show the world any side of

their private life or financial situation.

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