Sellers Greed Is Not Attractive

By
Real Estate Agent with Realtor DRE# 3163817

Sellers

It's a sellers market in southeast Florida, no doubt about that. The inventory of homes is so low, buyers are fighting over available properties. Sellers are actually asking more for their homes than it will appraise for and can do this because buyers are willing to pay. But it takes a good real estate agent to educate the sellers on where to draw the line. This kind of market has gone to too many homeowners heads. Some have found out, though, you can still overprice. They have pushed the envelope too far and it has put them in an awkward position. You can not allow greed to take over or you'll be left like a sitting duck.

Buyers know it's tough out there but their still not stupid. Most are willing to bring some cash to the closing table because they understand prices are rising. They know it's better to pay "a little extra" now than "a whole lot" later. But they're not going to bring the whole bank.  In this real estate market, you need an experienced and professional Realtor to sell your Broward County home quickly, professionally and provide a profit for you. A good professional, in southeast Florida, needs to study the sold properties and see what the percentage of price increases are. They can tell you where prices are heading and how fast. It's all in the numbers. But the increases are like steps on a staircase. Not giant leaps on a jungle gym! When a hurricane is coming, local business are warned against gouging. The same goes here. Don't let greed get the best of you.

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nterested in buying a home in Coral Springs, FL? It's still a good time to buy in Sunny South Florida. Call me today for a complete list of inventory.

I personally live in Coral Springs and consider myself a Coral Springs real estate expert

Allow me to assist you with the purchase of your new home.

Thinking of selling your Coral Springs, FL  home? Interested in finding out the current market value of your single-family home, condo or investment property? Give me call today to discuss what is happening in the Coral Springs real estate market and how I can best serve your real estate needs. I would be happy to give you a personalized comparative market analysis (CMA) and answer all of your questions. Please fill out the online contact form or give me a call today.

Let’s talk!
Terri Poehler
RE/MAX Professionals Real Estate
Coral Springs, FL 33076
954-294-3937
Terripoehler@ReMax.net

This article is originally posted in CoralSpringsBlog.com

Other Articles

Making An Offer On A Foreclosure

Attractive Mortgage Rates

Home Prices On The Rise

 

Posted by

Realtor Terri Poehler

 

 

 

 

 

 

 

 

Terri Poehler, Realtor
Keller Williams Realty
954-294-3937
TerriPoehler@gmail.com

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Topic:
Home Selling
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Florida Broward County
Groups:
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All Things Florida
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Florida Realtor® Network
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Tags:
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Rainmaker
1,599,588
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Terri, it's easy to see a second 'bubble' being created. When the sellers suddenly awake to find their 'castle' isn't worth what they think it is, and the buyers in the market opt to purchase new builder inventory, or choose to wait until the realty hits and the second bubble bursts, it will be too late for these sellers. We depend on snowbirds and foreign buyers in our market, drive them away with high prices will serve no one. Thanks for sharing!

May 20, 2013 12:57 AM #1
Rainmaker
373,899
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Yes, Norman, I see it going that way. But "when" is the question.

May 20, 2013 01:24 AM #2
Rainmaker
3,538,416
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Teri,  You hit the nail on the head with your topic.  Times have change and sellers and buyers need to play ice.

May 20, 2013 01:53 AM #3
Rainmaker
373,899
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

So right Will!

May 20, 2013 05:03 AM #4
Ambassador
2,305,897
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Terri,

You are so right.. Greed of any kind is not pretty.  And others do notice when someone is greedy, it does not go unnoticed.

May 30, 2013 10:56 AM #5
Rainmaker
373,899
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Judi, thanks for the comment. I appreciate you stopping by!

May 30, 2013 10:01 PM #6
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Rainmaker
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Terri Poehler

Coral Springs Real Estate Agent
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