This A-List Actor Bought a Home Through Craigslist. Here's How

Should you use Craigslist to buy or sell your next house?

If you're like most people, you probably don't associate Craigslist with high-end real estate. After all, the platform is more commonly used for selling books or furniture than it is for buying multi-million dollar homes. However, an A-List actor recently used Craigslist to purchase a luxurious home. Here's how he pulled it off and why his success story could be an inspiration to others looking to get a mortgage.

The actor's proactive approach

YouTube personality and real estate investor Graham Stephan stated that the two most expensive properties he has sold were not through traditional channels, but through Craigslist. One was $5.5 million dollars, and according to Stephan it's now worth $15 million dollars. The second was $8 million dollars, and he sold it to an A-list actor.

That actor was Orlando Bloom. When asked why a celebrity would be looking for a home on Craigslist, Stephan clarified that he had worked out a lease deal for someone who works very closely with Bloom, and it was done through Craigslist. Two years later, that same individual came back to him and introduced Stephan to Bloom, and the rest is history!

When the actor was searching for his dream home, he didn't limit himself to conventional methods of searching, such as going through a real estate agent or using online listing services. He asked around for advice, and when a close associate told him about meeting Stephan through Craigslist, the actor followed suit.

Opportunities found in unlikely places

Some people have realized that there are properties and real estate opportunities available on Craigslist that aren't listed anywhere else. Purchasing a house through Craigslist can also potentially save buyers money on agent fees and commissions. Sellers on Craigslist may be more willing to negotiate than agents, since they don't have any incentive to increase their profits (other than their asking price). This means that both buyers and sellers may be able to get better deals than they would otherwise find through traditional channels.

What to keep in mind when using Craigslist to buy property

It's important to do your due diligence and research before making any decisions. Not all sellers on Craigslist are legitimate, so always proceed with caution when dealing with someone online who isn't verified or wasn't recommended by someone you trust. It's also important to make sure that all paperwork is handled properly so everything is done legally and above board.

A-list actors aren't the only ones who can benefit from buying property through Craigslist; anyone looking for a great deal on their next home should consider looking at alternative channels. By doing their research and taking proper precautions, prospective buyers can take advantage of the potential savings and opportunities they may not have found otherwise. With some effort and determination, anyone could end up buying their dream home, just like this Orlando Bloom.