I am a baby boomer. The title is a line from a song. I can't remember which one but, nevertheless, it does hold in it a real truth. If you have been around more than a day or so, you have learned that lesson already!
[OK, I went back and researched the song. It was by the Rolling Stones in 1969. Now, they are older than I am!]
As a real estate agent who work the Viera, Suntree and Rockledge area, I work pretty much evenly with buyers and sellers. This week seems to be the week of the seller. I enjoy opportunities to work with a seller, especially in an area I know very, very well. Such was the case this week.
I had the opportunity to prepare a comparative market analysis(as an agent friend of mine says, a price right analysis) for a potential seller in Viera. Like many folks he had purchased during the boom about 3 years ago.
The homes on the market now in his development are selling for 35% less than he paid. Unfortunately, the number of short sale and pre-foreclosure properties on the market really has put pressure on all properties. It is simply a case of supply and demand. Until the inventory is reduced, you have to be competitive to sell.
No way will this seller budge. His price is his price. Unfortunately, you can't always get what you want.... No, we (selling is a team effort) did not list the property. He did not need to sell so he has time to wait.
If you are considering selling your Viera, Suntree or Rockledge, I would welcome a chance to discuss marketing your property. I may not be able to list it. You may not want me to list it. But, I would appreciate a chance to be your real estate agent of choice!
Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, 1211 Admiralty Blvd, Rockledge, Florida. Call me at 321-693-3850 or email me at agent@moving2brevard.com.
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Hey, even I'm younger than the Rolling Stones! I love the term "price right analysis". I might steal it!