Welcome to PalmBeachFloridaHomes.net!

This blog will follow the real estate trends of the Palm Beach Gardens, Jupiter, and Stuart areas and share my ideas on what is happening in the market. I will also be keeping up on local events, restaurants, and what I think makes the Palm Beaches a great place to live.


Sunday, October 10, 2021

Why you need a Realtor when you are building a new home.

 I was just asked why someone should use a Realtor if they are building a new home.  

Here was my reply: A Realtor represents YOU. Not the builder. The builder wants you to spend money on options and upgrades and may not have your best interest in mind. It is easy to be swept up in the excitement and sign up for a much more expensive build than you should, but once you sign it is normally too late to change your mind. 

Most Importantly, I help the Buyer understand the contract terms and conditions on a builder contract as they are long and confusing and difficult to break once signed. I am by their side while they choose their structural items and the options as once they are selected normally they cant be changed. I also assist the Buyer with any issues that arise while the build is proceeding. 

f you are not local, I visit the build site often to send you photos and videos to keep you up to date. I make certain that financing, insurance, utilities and many other things are coordinated for closing and remind the homeowner files for homestead exemption. 

And Finally, THE BUILDER PAYS THE REALTOR'S COMMISSION, AND THE BUYER DOES NOT GET A DISCOUNT IF THEY DONT USE A REALTOR, BUT LOOK AT WHAT VALUE A REALTOR BRINGS. Call me at 561-371-1830 with any questions.

Friday, September 24, 2021

So you want to sell your home while it is still a Seller's market


 3 Pricing Strategies in a Seller’s Market

Real estate markets across the country are experiencing a strong seller’s market right now. For potential sellers, this may be a golden opportunity to get top value for their property. While it may be tempting to aim for the sky when setting the listing price, that may not be your best option.

Here are 3 pricing strategies to consider before deciding on your asking price.

  1. Listing at Market Value

    Buyer’s love “realistic sellers.” After considering the market data for your area, choosing to list at the current market value can attract the right buyer and encourage a solid offer or two. Typically, this results in a full-price offer with straightforward terms.

  2. Listing High

    It is always tempting to list ahead of the market, especially in a seller’s market. This strategy is risky and can mean you waste valuable time by sitting on the market with little interest. Even in a strong sellers’ market, buyers will shy away from overpriced listings. If listing above market value, experts suggest not higher than 5-7% higher.

  3. Listing Low

    Listing below market value will attract attention. The goal of this strategy is to encourage a bidding war that results in a sales price over market value. This works best for homes in turnkey condition and can backfire if the home is unappealing and you receive low or no offers and must adjust the price again.

A seller’s market presents opportunities. Working with your agent, discuss the options and trends in your local market to get the best offer and terms.

Call me at 561-371-1830 to take advantage of today's market and get your home sold.