"Almost daily I get the following question(s), how is it going, how is business? "It is going great," I say. "Business is good and it's a lot of work."
So What is the Big Deal about Sarasota Investment Property?
The reason people are so keen to know about Sarasota homes for sale, straight from the horse's mouth, is that for the last four years Sarasota real estate has been re-pricing which makes people jumpy. This year especially Buyers really believe that we are at, or close to, some sort of a "bottom." Which means for shrewd buyers with the right agent, there are some great deals to be had.
Everything Must Go....Sarasota Investment Property Super-Sale!
Part of this can be attributed to the aggressive pricing of bank-owned and short-sale properties. Many of these homes for sale Sarasota are now listed at liquidation prices, like a going out of business sale, "everything must go."
This is so prevalent that on Tuesday, October 6. Barbara Corcoran of the NBC's Today Show proclaimed that Sarasota, with its beaches and sophistication, has re-priced so much that it is the # 1 place in the entire country to get a good value.
If you're looking at a home as a Sarasota investment property, now is a great time to get amazing value. If your Sarasota real estate agent has in-depth local market knowledge, he or she should know the true value of homes for sale Sarasota, and be able to get you a great deal.
I always make the point that when you're choosing a Sarasota real estate agent, local market knowledge is the most important thing to consider. In a recent short sale I just closed, a property had been listed for two years, mispriced in my opinion and trailing the market for some time. Finally a buyer was ready to purchase the house at .2 million, but the lender was not ready to accept it.
"15 months and the lender agreed to take 280,000 dollars (23%) less."
The first buyer was ready and had everything in place, the lender had all of the information needed to make the decision, the appraisals agreed with the offer, the lender was just not ready. 15 months on, we worked with the same lender but a different negotiator who is paid for performance. The difference is we went from contract to closing the deal in 60 days and the lender took 280,000 dollars less for the property.
When you're choosing your Sarasota realtor make sure they are experienced in the Sarasota market, that they have the skill to negotiate the deal you need, and most importantly that they know the true value of a property and what it's worth to you, in order to get you the best price and result.
