Gulf Breeze, Pensacola, Navarre. Is now a good time to sell?
Considering placing your home on the market to sell in Gulf Breeze, Pensacola, Navarre? Depends on why you want to sell and what you have to sell, where it’s located, what kind of condition it’s in; most especially how well it’s priced for today’s market. Recent market trends do not paint a rosy picture for home sales in NW Florida. Still, some homes are selling to savvy buyers looking buy a well-priced home with a low-interest-rate mortgage. In my experience, spring is the season when more home sales take place. The same is true this year, with more homes to choose from.
Is a career move making your decision for you? Please take a serious, realistic look at market trends and price accordingly. Choose an experienced Realtor who will be bluntly honest with you and is not just looking for another house to list. A Realtor who has been working in the Florida panhandle over 10 years will have experienced a similar market in the early 90’s and should be better prepared to assist you in competitive pricing.
Today’s Buyers do not feel any urgency in placing an offer because there are so many homes to choose from. Sellers need to provide an enticing incentive to motivate a buyer to place an offer and price is key.
If you are a Seller who is not motivated to sell at market value, whatever that might be, you should seriously consider waiting until the market can handle your expectations. When will that be? Some economist are predicting a turn around in the housing market by 2010. No-one knows for sure what will happen, prices could fall even farther before a turnaround. I do not expect our area to hit the highs we experienced in 2005-2006 anytime soon.
Some things a Seller must consider: Is your home in the kind of condition that will maximize your return on the sale without a lot of time and money on your part? Are you willing to spend the time and money to prepare your home to compete with new/newer homes? Will you be competing against new homes that still waiting for a sale? Are you realistic about market conditions? Your situation may require you putting your home on the market now. If so, get your home ready to sale. Study the local market carefully. Make sure you have an agent who keeps you informed about sales in your subdivision and in your area (visit www.GulfBreezeHomes.com and click on “MLS Market Updates and Trend Analysis” to stay informed about properties within a 5 mile radius of your home). When pricing, listen to your experienced Realtor and choose a list price that will interest potential buyers. Insure your home looks fantastic with curb appeal, cleanliness and maintenance.
I have written a “Sellers Guide” for those who list with me, answering questions about preparing for a showing, pricing, staging, marketing, from listing to a closing sale.
Julia Braddy, Realtor, Specializing Sales Marketing in Gulf Breeze, Navarre & Pensacola, FL www.GulfBreezeHomes.com
Direct: 850.916.7833
Email: julia.braddy@gmail.com
Marketing & Representing www.CoogleHomes.com in Northwest Florida
Innovative Advertising www.TextMyMLS.com for the Florida Panhandle
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