Are your expectations in line with the current Florida real estate market?

As a buyer or a seller of a home or property in Florida, are your expectations in line with what the market is saying?

Buyers

• Are you aware that short sale transactions can take longer to close than traditional deals?
• Did you know that bank owned/foreclosed property will often receive multiple offers which will push the final sales price higher than the initial listing price?
• Time is running out in order to take advantage of the first time home buyer tax credit and there are no guarantees the credit will be extended.

Sellers

• Over pricing your home is not a good strategy in this market. Testing the market usually results in a failing grade.
• Trying to short sale your home simply because it is no longer worth what you paid for it is not considered a valid reason by your lender.

Buyers and sellers need to manage their expectations. My job is to make sure that you know going in what to expect, and to explain how we can work together to make sure you receive favorable results.

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