Today found me reminiscing about selling real estate back in 1981 in my Strip Joints and Selling Homes posting. Writing this article reminded me I forgot to post my latest price reductions on Active Rain so here's the scoop.........
My 400 Lambiance Cir #202 in Lambiance in Pelican Bay in Naples, FL is now priced at $599,900.00. Since the price has been reduced, I have had quite a few showings on this unit. Agents keep asking me, "How low will the sellers go?" Come on guys! Besides the fact that my Sellers bought the unit at the height of the real estate market for $749,900.00, unless I have something in writing from the Sellers authorizing me to tell an agent what they would take, I CAN NOT SAY! This unit is being sold turnkey furnished, which means EVERYTHING stays.
My 500 Lambiance CIR #201 in Lambiance in Pelican Bay reduced their price 85K from $674,900.00 to $589,900.00. This unit is also being sold turnkey furnished and has been getting a number of showings since the price reduciton.
Both these listings have great views and are in tip top condition.
This year has turned out to be a much better year for me than last year. I have had a number of listings sell and have had some sales. I also have had some time to concentrate on my Naples Web site. My 805 Sand Pointe Dr. came under contract and is due to close in July. Yesterday I wrote an offer on one of my listings and I hope the contract will survive all the inspections. Things are busier, which I find encouraging. According to statistics from the Naples Board of Realtors, pending sales are up in the areas by the beach and in areas under $300,000.00.
My advice to any buyer right now is to get off the fence and make a decision in either of the two areas mentioned in the above paragraph. Next year these buyers could be kicking themselves saying, "I should have bought last year!"