Celebrity Selling Houses

Celebrity Selling Houses

Buying or selling a celebrity real estate can be a tricky business for everybody involved. A celebrity selling its house will desperately try to keep the business confidential, but this is sometimes almost impossible because they are surrounded by thousands of annoying paparazzi and reporters. The house selling is a news event and causes all sorts of suppositions: the celebrity has lost money, is divorcing, its business is not going well and so on. Brokers do whatever they can to hide their clients’ identity.

If the seller or the buyer finds out the other one is a famous person nothing good can happen. The price of the real estate will go up, or the affair will be revealed to the seller or the buyer’s friends, family or even the media. This happened when Bruce Willis sold his Trump Tower with a 25 % higher price simply because his name. And when we are talking millions of dollars estates, 25 % can be a sum to make even a star have second thoughts about keeping his name private. This strategy does not work for everybody. Shaquille O’Neal or Britney Spears did not manage to sell their properties even though they listed them with all the details, while Donald Trump managed to sell his estate for 100 million $. He managed to get quite a profit from the original 41 million dollar buying price!

Celebrity Selling Houses

Celebrity Selling Houses

Celebrity Selling Houses

Celebrity Selling Houses