Buyers Positioned To Take Advantage Of The Good Values

I've notices a trend in the last month that is worth noting. Buyers seem to be positioned to act quickly on the good values that are coming up on the market. In the recent weeks, I have attempted to put contracts on several properties to find that they had another offering in play or had just accepted an offer.

So, what does that mean for buyers and sellers?

As for buyers, if you are looking to pick the low hanging fruit, you will need to act quickly and price aggressively. The thought that you can bring in a low offer and negotiate up may cause you to lose out on your favorite properties. Good values are selling within 5% of the list price and some will even go for more than list if the price is right and multiple buyers are interested.

As for sellers, if you have an updated or newer property and are priced at the bottom of the market for your category(water indirect, water direct, beachfront, etc. , expect to get multiple offers ranging from 5% to 20% below list price. Be realistic, if you aren't getting offers, you may still be priced too high. If you don't adjust, don't expect many offers above the 20% mark.

If you are considering selling, contact me today for a free consultation and find out how you can get the same service as traditional agents for thousands less.

For more information about Marco Island Homes for Sale, contact:
Joseph A. Bartos, P.A.
Assist 2 Sell Buyers & Sellers Real Estate
(239) 404-5068
mailto:info@bartosgroup.com
Let us assist you in buying or selling a property in the Marco Island area.