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Sunday, May 12, 2013

Where is the Brevard County, Florida real estate market headed?

Question:  Where is the Brevard County, Florida real estate market headed?

Answer:     Who knows!

I can see frustration starting to creep in the market place.  Multiple offers seem to be an every day occurrence.  You get one chance at a property and no more!

Let me re-phrase that last statement.... You get one chance at a property if you act quickly!

For example, a new listing comes on the market today, Mother's Day.  I send it to my customer.  They respond with directions to prepare an offer at 8% over list price.

I contacted the listing agent to say a cash offer, property unseen, 8% above list price is on its way.

Response:  Sorry but seller already signed off on an offer.

With a shrinking inventory and aggressive buyers in the market place there is only one place to go...up, prices that is!

So if you are thinking about selling your Brevard County, Florida home this may be the time to do it... and don't be afraid to list higher than the recent sales....buyers are pushing prices upward!

Ready to sell your Brevard County, Florida home?  Call me at 321-693-3850.

Maybe it is time to get aggressive with that list price because buyers are competing with each other!



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