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Gone for good? Rapper Drake sells his Beverly Hills estate for $88 million - a guide to selling expensive real estate in a declining market

Gone for good? Rapper Drake sells his Beverly Hills estate for $88 million - a guide to selling expensive real estate in a declining market

Gone for good? Rapper Drake sells his Beverly Hills estate for $88 million - a guide to selling expensive real estate in a declining market

The renowned rapper Drake's time in the US has come to an end, as he has put his massive Beverly Hills estate up for sale for a whopping $88 million - his last property in the country.

The "Rich Flex" rap singer has put his 20-acre luxury property in Los Angeles up for sale just a year after buying it from British pop star Robbie Williams for $75 million.

It's not clear why the celebrity is leaving California, but he has often spoken of his love and devotion to his hometown of Toronto in Canada, where he lives in his own 50,000-square-foot villa with an NBA-compliant basketball court.

Drake could fetch a tidy sum by selling his real estate''in the U.S., but he'll have to find a buyer willing to spend serious money on a property in a difficult housing market. Here are some tips if you want to sell an expensive home in a difficult market climate.

Understand your market.

It's important to know your potential buyer and competitors, as well as an idea of what buyers are looking for in your neighborhood. If your property has rare and highly sought-after features, such as a fireplace and radiant floor heat in cold climates, or a pool and large terrace in warm climates, emphasize them in your listing.

Use a home inspection to your advantage.

Sellers can conduct a pre-sale inspection of their home to understand potential''Problems that may arise during the sale. If minor repairs are required, you can fix them quickly.

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This will also help set a final price for your home and create transparency and trust with potential buyers.

Present your property in the best possible light.

Decorating your home can help attract potential buyers. Remove any elements that may prevent a buyer from visualizing themselves in the home. It is also recommended to tidy up the landscaping and make the property look nice from the outside.

It's worth remembering, however, that improving one's home shouldn't be overly dramatic. The goal is to create a favorable and lasting first impression of a clean and welcoming''home, which will result in an offer from the buyer.

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