Multiple Offers? In This Market?

Divider Image

As Seen in the Naples Daily News and Bonita Daily News

That’s right-in many deals I see, 2004/05 is back.  Which means multiple offers galore!  How frustrating as a buyer…and how wonderful as a seller.  As a buyer, you think you’ve found the perfect property and,
as luck would have it, it’s at the perfect price.  Actually, too perfect.  That’s what happens when sellers price homes at a ridiculously low price. Bidding war, anyone?  It is clever marketing and the ducks are quacking, so feed ‘em!  If you’re buying, here’s how to deal with this phenomenon:

First, go in with your highest and best offer and stick to it.  Do your homework, talk to your realtor and go in strong. If there are multiple offers, just let the seller know you’ve already given your best.  (You may be surprised–you may still get the house).

Second, don’t wait!  As a real estate agent, I see this heartbreaking mistake every week.  A buyer knows it’s a good deal, but they want to think it over, and then the house sells and all of a sudden, it was the buyer’s dream house.  In this market, I urge all buyers on the fence to please jump off that fence – you’ll be glad you did because there are some incredible deals out there right now!

Third, recognize the opportunities.  Any property that’s priced well and in a good location, will not last.  There are people flocking down to SW Florida from the snowy northern states ready to pounce.  These snowbirds may have even been outbid in the past and are no longer waiting – they are buying!!

Be patient, do your research, and when the opportunity presents itself – jump on it!  Happy Hunting!

 

Recent post

Divider Image

WARNING! Hurricane Ian will impact Florida real estate

https://www.youtube.com/watch?v=Uci3yW2U31w If you're watching this video just after release, you know hurricane Ian is getting ready to bear down on... read more

Hurricane Ian – How will the massive hurricane affect Florida real estate?

https://www.youtube.com/watch?v=-d7Tk3hO310 Hurricane Ian has Florida in its crosshairs. In this video, we'll talk about the impact of Hurricane Ian on... read more

7 hidden gems found in Bonita Springs, Florida

https://www.youtube.com/watch?v=pCcAidgtGC0 Bonita Springs, Florida is home to some of the best beaches in Florida as well as a mecca for... read more

3900 Fernwood Lane, Labelle, FL

3900 Fernwood Lane, Labelle, FL Click Here to Get Directions $59000 1.08 acres lot Property Video | Photos | Maps... read more

7896 2nd Ter, Labelle, FL

7896 2nd Ter, Labelle, FL Click Here to Get Directions $55000 1.25 acres lot Property Video | Photos | Maps... read more

10 little known facts you should know BEFORE moving to Fort Myers Florida

https://www.youtube.com/watch?v=6pTkYw8CWFU Hi! Thanks for watching our video about moving to Fort Myers, Florida. After moving to Ft Myers over 16... read more

2302 Lakeville Drive, North Fort Myers, FL

2302 Lakeville Drive, North Fort Myers, FL Click Here to Get Directions $270000 3bed - 2bath - 0.25 acres... read more

“Gulf Pointe Properties is a truly professional real estate management company.”