If you haven’t already heard there is a debate on whether or not to send astronauts back to the moon.
The truth is we have many people already there! I’m talking about a few dozen or more real estate sellers and Realtors trying to sell properties at a much higher price in today’s market.
Here is usually how they get to moon.
Our group recently went on a listing appointment. We explained our very effective marketing, presented the facts about our sales experience and presented comparable sales/actives. Then we recommended an asking price of $449,900.
The seller then explained he needs get $599,900 in order to pay some bills, have some money for his next real estate purchase and needs to pick up his new Road Ranger SUV that is parked on the moon. (actually the vehicle is parked at a local car dealership)
He then told me another Realtor said $599,900 was an excellent price. In order to help the seller get to moon, the Realtor said he would cut the listing and buyer agent’s commissions. Apparently that Realtor was opening the hatch on his space rocket to take the seller to the moon.
Respectfully I declined taking his way overpriced listing. Our group spends a lot of money every month on effective advertising. We work with many buyers and actually see, negotiate and close more properties compared to the average Realtor. We do save our own sellers money when we represent both sides of the transaction though.
Our budget does not allow for space rockets that will take sellers to the moon. Our buyers ask to see property in Cocoa Beach, Merritt Island, Port St. John, Melbourne, Satellite Beach and Titusville…..USUALLY NOT ANY ON THE MOON!
Below are a few sellers currently on the moon…..
570 Casa Bella Dr a very nice 2501 sq. ft. town home 2501 in the Bayport community in Cape Canaveral. The seller is asking $499,900! The market value, according to the Brevard County Property appraiser, is $239,860.
Our buyer recently closed a comparable Perlas Del Mar town home in Cape Canaveral for $136,000. The market value on that one was $194,400.
In popular Twin Towers in Cocoa Beach there is a one bedroom 672 sq. ft condo with an asking price of $239,000. This seller has been on the moon for over 970 days! The market value says $103,060.
A 1,654 sq. ft. town home in Canaveral Woods has been on the moon since Feb. 27, 2008. The asking price is $180,000. Market value says $133,890. I don’t believe the listing Realtor is helping to build a space ship to help get the seller back to earth. The photos in the listing are very old ugly under construction ones and definitely are not current. That town home was completed 5 years ago.
Also, properties have carrying costs like HOA fees, property taxes, power bills, and maintenance. These costs can add up quick.
Yes, it is the selling agent’s responsibility to get the seller the most money for their property in a reasonable amount of time. They shouldn’t be wasting time and money sending them to the moon. It could end up being a long and expensive trip back home.
Contact us at info@brevardrealtyconnection.com or call 321-720-6654 or 321-693-1694
McCoy-Freeman Group RE/MAX Elite www.BrevardRealtyConnection.com http://floridabeachhomesandcondos.com
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