I live and Work in Jacksonville, FL.
Yes, it's supposed to be a buyers market, but...... my Listings are SELLING.....and getting muliple offers!!
Wow, remember the days!?
When homes are priced right (Around $200K and under) they are getting alot of interest and getting mulitple offers at full price. However, there are still some buyers out there, that THINK they can get all listings for $20-30,000 less....just because they've heard on the national news that it's a Buyers market.
It's important for the buyers agent to explain to buyers, that if a home is way over priced for the comps, then...yes, you CAN possibly Low ball the offer and get the home....BUT, if the home has already had some price reductions, or is already at the correct Market value price, then you NEED to be realistic! And I know some agents are explaining this to their clients (my buyers agent is!), but it probably takes the buyer losing 2-3 homes in a multiple offer situation, before they will really trust their agent.
This goes for Short Sales too! When the bank has already given us their Bottom line, and we KNOW what the approved price is.....THEN bring an offer CLOSE to THAT Price!!!
The bottom line is....Do you want to just write alot of offers, or do you want to OWN a home!?
Jeannette Kohlhaas (904) 735-8666
Keller Williams Realty Jax
"A Straight Shot to a Successful Closing!"