Lakefront Market in Flux
Position appropriately and benefit…
This is a market of extremes. Sellers are frustrated at values. Buyers are frustrated with sellers. But a small portion of both buyers and sellers are successfully navigating what is a very cluttered market. A deep understanding of the “hyper local” market is the key and can be worth tens of thousands of dollars. Central Florida’s waterfront market highlights this situation perfectly.
Reduced values in recent years have opened up our waterfront markets to buyers who were previously not able to participate. But they are seeking homes that are priced correctly. Being able to weed through all of the incorrectly priced homes in the market can be tough, but it can pay huge dividends once you find the right one.
Smart Sellers Win Too
From a seller’s perspective, it boils down to truly understanding what it is that you have to sell and where it fits into the local market. Despite what people read and hear, there are actually a lot of qualified buyers out there RIGHT NOW who are ready to close a deal. The trick is making sure your property is priced, positioned, and promoted properly.
Whether buying or selling, working with a professional lakefront specialist is more important now than ever before.