What Color is the Sky in Your World? - Knowing Your Market

By
Real Estate Broker/Owner with Palm Realty BK3273458

Space Coast Area HomesI once got an e-mail from a buyer who wanted to live in a particularly upscale and desirable part of town. Now understand that in this particulat area, the average price of a vacant home lot started at $250,000.  The e-mail I got sounded something like:


“Hi Kerry,

We need a house that has at least 3 bedrooms and 2 baths on the same level, it must have more than 1800 sq/ft of living space and have no less than a 2 car garage…”


OK, so far so good until..


“and it cannot be priced over $85,000.”

They had me right up until $85,000.  DONE!   As a buyer, if you contact a real estate agent and have a list of “wants” as long as your arm, but are unrealistic about what those “wants” will cost you, I promise you that the agent will be on the other end of the telephone line rolling their eyes back into their head.

Yes, everyone wants that “deal” out there, but if you don’t know your market, you will have absolutely no chance in getting anything that you want.  TRUTH! 

You simply must know your market and approximately what your dollars will buy you.  If you don’t know the market, that’s OK, find yourself a great real estate agent that will help educate you about said market.  Don’t worry, we do it all the time, BUT if you come out of the chute with completely uneducated expectations, you will not be taken seriously, and finding a great agent to work with will not be easy.

It you need help learning about the market on the Space Coast, call me, I can help, call me we can talk!

Posted by

Kerry

 If You have any questions about homes on the Space Coast, the Treasure Coast or in the greater Orlando area, please contact me at  321-626-5968.  Visit us on the web at

www.PalmRealty.com

Posted By: Kerry Klun - 321-626-5868
kerry@Palmrealty.com

Palm Realty

             

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Sales and Marketing
Location:
Florida Brevard County
Tags:
space coast area homes questions advice

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
861,020

Kerry L Klun, Broker/Owner

321-626-5868
Ask me a question
*
*
*
*
Spam prevention

Additional Information