Category: Business

30A and South Walton Local Business and Finance Features

  • Ask APEX The  Value of Third Party Evaluation

    Ask APEX The  Value of Third Party Evaluation

    Ask APEX : The  Value of Third Party Evaluation

    By Ken Larsen

    “Competition is healthy – unless there is a conflict of interest. Then it becomes unethical and destructive.”

    Last month we identified three demographics found in most industries – including the general contracting business: 1. Those who are competent experts, 2. Those who are “crooks,” and 3. Those who are naively incompetent.

    We also identified why insurers firmly insist upon the use of their “preferred vendors.”  The contractors have agreed – in writing – to concessions in prices and processes necessary to repair the structures the insurance companies insure thus increasing the insurance company’s profitability.

    APEX proudly declares their refusal to participate in ANY Preferred Vendor Program. APEX works for YOU!

    It can be difficult to keep emotions in check when you perceive a conflict of interest carried by the entities you are forced to work with.

    APEX understands and provides a solution to minimize this understandable sentiment.

    Conflicts of Interest Abound in Insurance Claims!

    Let’s take time to face the obvious truth:

    Insurance Claims Representatives are employed to manage (reduce?) financial exposure for their employer. That might not be in the property owner’s best interest. They’re conflicted.

    Contractors (like APEX) are typically “for profit” corporations! Contractors might be inclined to seek the maximum revenue and profit from a project rather than what the project actually “needs.” They’re  conflicted.

    Property owners (the insured) are typically annoyed at the inconvenience of their home being damaged – as well as attracted to the prospect of getting their home “upgraded.” They too are conflicted.

    And then there is one of the most important conflicts common to a property insurance claim: a “competitive quote” by another contractor. Make no mistake – there is a very real issue when an insurance company sends a second contractor to your property. The second contractor possesses one of the biggest conflicts possible as they possess the prospect of referrals directly from the insurance representative.

    The Registered Third Party Evaluator (RTPE)

    Only an individual possessing the industry’s HIGHEST levels of formal education, in conjunction with (usually) decades of restoration experience, an adherence to a strict Code of Conduct and no possibility of financially benefiting from the decisions made on the structural repairs can truly be trusted to render a compelling conclusion on the needs of the project.

    A registry exists of such individuals who pledge to “represent the needs of the structure rather than the interests of the individuals involved. In South Walton that individual is Ken Larsen, CR, WLS, CMP, CSDS. Ken provides this independent service for consumers seeking an independent expert to assist in establishing the repair needs on your property. His list of qualifications is long – and impressive – and available through APEX. His professional fees can even be submitted as part of your insurance claim.

    With so many obvious conflicts of interest during an insurance claim, a level playing field is difficult but important to find.

    You can always trust APEX Disaster Specialists. But if you want to be sure any contractor or claims representative on your property is competently evaluating the needs of your property, – we invite you – the insurance claims representatives – and even our local competition to engage a non-conflicted industry expert in the discussions.

    APEX proudly uses RTPEs whenever necessary. You can learn more at www.registeredtpe.com

    Views: 0

  • Live and Play on 30A Update

    Live and Play on 30A Update

    2017 Real Estate Review

    Happy New Year! The first of the year is a time to reflect on the past year, take inventory of all you have accomplished and look to the new year for all the wonderful things it will bring. My office is experiencing a lot of activity for January, and all indicators are pointing toward 2018 being a great year for real estate! If you are interested in selling, now is the time to place your property on the market. We have a lot of buyers interested in purchasing prior to Spring! 

    2017 has brought a lot of change to South Walton and I am certain that 2018 will be full of exciting news and change as well. In this economic update I am focusing on the end numbers for 2017.  If you own property in South Walton or are interested in purchasing anytime soon, I hope you find these numbers as interesting as I do.  If you have any questions, please do not hesitate to contact me. 

    Rosemary Beach: Waterfront Detached Single Family Homes

    There are currently 5 Active properties available ranging from $3,999,000. to $11,900,000. There have been 2 Sold properties, with one being $3,500,000. and the other being $12,500,000. The average price per sq. ft is $2198.97 and on the market an average of 105 Days. 

    Rosemary Beach: Non-Waterfront Detached Single Family Homes

    There are currently 27 properties available ranging from $749,000. to $7,995,000. There are 4 Pending properties ranging $1,395,000. to $7,500,000. and 45 Sold properties ranging from $775,000. to $7,350,000.  The average sold per sq. ft is $785.30 and on the market an average of 216 days. 

    Alys Beach: Non-Waterfront Detached Single Family Homes

    There are currently 11 Active properties available ranging from $1,950,000. to $6,750,000. There are 2 Pending properties at $$2,608,818 and $3,550,000. and 22 Sold properties ranging from $1,500,000. to $5,650,000. The average price per sq.ft. is $891.63 and on the market an average of 179 days. 

    Watersound Beach: Waterfront Detached Single Family Homes

    There were 4 properties Sold ranging $4,800,000 to $6,300,000. The average Sold per sq.ft is $1,096.49 and 67 Days on the market.
    Watersound Beach: Non-Waterfront Detached Single Family Homes

    There are currently 21 Active properties available ranging $849,000 to $4,465,000. There are 4 Pending properties ranging $2,499,950 to $2,900,000. and 36 Sold properties ranging $875,000 to $4,450,000. The average sold per sq.ft is $640.21 and on the market an average of 215 days. 

    Seaside: Waterfront Detached Single Family Homes

    There are 7 Active properties available ranging $1,498,000 to $6,490,000. There were 2 Sold properties at $1,695,000. and $3,750,000. The average price per sq.ft is $1861.36 and on the market an average of 232 days. 

    Seaside: Non-Waterfront Detached Single Family Homes

    There are currently 10 Active properties ranging $949,000 to $4,895,000. There were 10 Sold properties ranging from $1,255,000. to $2,600,000. The average sold per sq.ft is $867.99 and on the market an average of 183 days. 

    Watercolor: Waterfront Detached Single Family Homes

    There is 1 Active property available at $5,650,000. 

    Watercolor: Non-Waterfront Detached Single Family Homes

    There are currently 50 Active properties ranging $745,000 to $5,795,000. There are 9 Pending properties ranging from $824,000 to $3,295,000. and 101 Sold properties ranging from $787,500 to $4,650,000. The average sold per sq. ft is $526.47 and on the market an average of 230 days. 

    Santa Rosa Beach: Waterfront Detached Single Family Homes

    There are currently 14 Active properties ranging $1,498,000 to $11,495,000. There is 1 Pending sale at $3,000,000. and 8 Solds ranging from $1,695,000. to $9,400,000. The average price per sq ft is $1,466.51 and on the market an average of 498 days. 

    Santa Rosa Beach: Non-Waterfront Detached Single Family Homes

    There are currently 174 Active properties ranging $325,000 to $5,795,000. There are 52 Pending sales ranging $425,000 to $3,295,000. and 301 Sold properties ranging $205,000 to $4,650,000. The average sold per sq.ft is $419.75 and on the market an average of 169 days.

    Visit my website at www.LiveandPlayon30A.com for the most up to date property information!

    Views: 0

  • SoWal Things to Watch in 2018

    SoWal Things to Watch in 2018

    Key Indicators to Watch in the New Year

    By Maurice Stouse

    As investors turn to the New Year, and reflect on what is to come this year, it is important to remember that no one truly knows what will happen in the markets. The stock market, the bond market, the money market, the real estate market, the commodities market and others, are all are affected by key statistics. Investors can watch these indicators and use them to help guide them in their decision making.  Here are three indicators to watch for.

    Start with inflation. It is considered to have been in check for quite some time now. In fact, deflation was more of the concern at the turn of the decade. Inflation is important to watch because it tells you what purchasing power a dollar has. Inflation beyond certain levels, many would argue 3%, is seen as a negative to purchasing power. Often times the prices of commodities, oil among them typically see an impact. Inflation also drives interest rates which on the one hand affect the cost of borrowing (higher rates and hence less borrowing which affects economic growth). Stocks might see an impact in that investors would buy stocks vs bonds because of higher inflation. On the other hand, higher inflation could hurt earnings which would hurt the performance of stocks.

    The value of the dollar. A strong dollar is generally seen as good for the economy in that dollar denominated assets usually appreciate. And on the other hand this could mean the cost of US goods and services is higher overseas, which could have a lagging effect on earnings and asset values. A strong dollar typically keeps interest rates stable as well which helps with borrowing costs

    Valuations. As in the case of stocks. Many people look at valuations and often use a price to earnings multiple for stocks. As a general rule multiples of less than 13 indicate an undervalued company. 13-20 is the typically range to see value and over 20, the stock might be seen as overvalued. This does not typically apply when investors look toward growth of earnings vs current earnings. Many stocks today have multiples that are much higher. Nonetheless investors take caution when valuations get too high.

    Contact or visit with your advisor today to start the conversation about the markets, key indicators and your own goals and needs.

    Maurice Stouse is a Financial Advisor with Raymond James and he resides in Grayton Beach.  He has been in financial services for over 31 years. His office is located at Raymond & Associates, Inc., 34851 Emerald Coast Parkway, Suite 200, Destin, FL 32451. Raymond James advisors do not offer tax advice. Please see your tax professionals. Raymond James & Associates, member New York Stock Exchange/SIPC. Phone 850.460.1995. Email: Maurice.stouse@raymondjames.com.

    Views expressed are the current opinion of the author and are subject to change without notice. Information provided is general in nature, and is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Past performance is not indicative of future results. There is no assurance these trends will continue or that forecasts will occur. Investing always involves risks and you may incur a profit or a loss. No investment strategy can guarantee success.

    Views: 0

  • YPWC PR January 2018

    YPWC PR January 2018

    Walton Area Chamber Hosts Young Professionals Network

    The Young Professionals of Walton County (YPWC) announced today their 2018 kickoff event on Thursday, January 11, 2018, at Grayton Beer Company. “Pints and Professionals” will be an introductory event for young professionals along Florida’s Emerald Coast looking to “get tapped into” the professional networking group.

    Formerly operating as YP @ The Beach, the newly coined Young Professionals of Walton County is an organization created by the Walton Area Chamber of Commerce whose mission is to bridge social, geographical, political and economic boundaries across Northwest Florida’s Gulf Coast, while providing a venue for ambitious individuals to network and enhance their professional development skills.

    “Pints and Professionals” is complementary to attend and open to young professionals on the Emerald Coast. In addition to offering one free pint of ale from the Grayton Beer Company, guests will enjoy live music by The Graytones and food for purchase by Back Beach Barbecue.

    If your business is interested in donating a door prize to raise awareness amongst this local group of young professionals, email Erin Bakker at erin@thehivecreativeconsulting.com.

    YPWC will host networking, professional development and team building events the second Thursday of every month. To learn more about these events and Young Professionals of Walton County, visit http://bit.ly/YPWaltonCountyor connect on Facebook.com/ypwaltoncounty.

    Views: 0

  • Redeem the Time

    Redeem the Time

    By Tad Hunter

    Ben Franklin once asked, “Do you love life? Then do not squander time, for that is the stuff that life is made of.”

    Redeem the Time

    As Christmas approaches once again, it seems as though we just finished celebrating the New Year! There are 86,400 seconds in every day. The seconds are placed in our daily vault each morning to be spent and never saved. It’s not that we don’t have enough time or that it’s speeding up; it’s just that we often don’t make the most of it. Too many of us stare at our cell phones and fail to realize we don’t need multiple apps to stay always and continuously caught up on the news cycle. Take time to talk with your children or have coffee with your parents. That is time well spent.

    It’s readily apparent that to accomplish something new or to make changes in our life, we must begin with an end goal in mind. Self-help coaches have for years taught us goals that aren’t written down are less likely to be achieved. Things that are written down and measured, improve. Start thinking about your 2018 goals now and what you would like to see improved upon. Money can be earned and lost. Focus on your family and health. Set your goals for 2018 now and get a jump on your New Year’s resolution. Eating black eyed peas and cabbage may be a good tradition, but written goals will actually help get the job done.

    How does Days on Market (time) effect your opinion on an income property that you are considering to purchase? I have heard buyers more than once ask, “how long has it been on the market?” The implication is that maybe the sellers want to “deal” if their home or condo has been on the market for an above average amount of time. I have another take on that question. Often, the best income properties are the most difficult to show because they stay rented. Don’t discount a quality property just because it’s been on the market for a while. It could be that it’s rarely available to show.

    Currently, the Sandestin/ Miramar Beach real estate market remains in a healthy balance with prices up a little over 5% for the year. There are fewer properties on the market in the Sandestin/Miramar Beach area at the end of November compared to a year ago. Last month 148 properties sold or went under contract and only 108 new properties were listed.  There remains an 8-month supply of inventory, down from 10 months a year ago. Year to date the number of properties sold or pending is outpacing new inventory entering onto the market. The Days on Market has shortened as well to a median of 88 days.  Quality homes and investment properties, priced correctly are selling. The demand from the market, for more inventory is consistent. If you are thinking of buying or selling your home call me to discuss your options.

    Tad Hunter is a Realtor serving families looking to buy and sell investment properties on the coast. He is a partner in the RealJoy Vacation company. Tad and his family, “Wish you a Merry Christmas and a healthy, prosperous New Year.”

    Views: 0

  • The Markets Can Be Like The Seasons

    The Markets Can Be Like The Seasons

    By Maurice Stouse

    As investors continued to see higher highs in the stock market, and consistent lows in interest rates in the bond and money markets, they wonder how long each of these trends could or would continue. Looking at things historically can remind investors to think of the market like they think of the seasons.

    The Markets Can Be Like The Seasons

    Each of the markets has its spring, summer, fall and winter although the timing of the markets doesn’t necessarily move in locked step with the seasons. Investors wondered how long summer was going to last for stocks, and when their harvest should be (many not having seen one like this before). Was it like an extended summer (where summer would last well in to fall)? And what about the winter for interest rates? How long could winter last and does it really snow in Denver in May and even June? Yes that has happened. As a matter of fact it snows somewhere in Colorado all 12 months of the year.

    Going back in time, there have been some long winters, and extended falls in the markets. Would you believe that the stock market was higher in 1971 than 1981? Or that interest rates were in the mid-teens in the 70s? Back in 2008, and well in to 2009, investors wondered just how long the fall would continue.

    Investing takes patience, discipline, confidence, consistency and ultimately, time. Yes the falls can seem to last forever. When does someone know that winter has passed and the sprouts of spring have begun? Time and patience are so critical because, while it is possible to know when spring, summer, fall and winter come and go, the timing is unknown in the markets.   In the summer of a market investors can be frustrated when not knowing when to harvest. Many see success by planning their strategy and allocation to account and allow for the fall and the winter.

    Many successful investors have seen that time in the market is more successful than timing the market. If you aren’t in the market, you might miss the spring and come in too late in the summer. If you aren’t in the market, how do you know when is the best time to invest? We’ve heard it many times that the best time to invest is when you have the money to invest. And when it comes to confidence, it is important to remember, in the depths of winter, that growth has come again, and the spring and the summer ultimately arrive.

    A word or two about allocation. Many savers and investors spread out their dollars in the stock, bond and money markets with an allocation strategy. That way they are always poised to take advantage of growth but also not over committed in any one area. Rebalancing periodically can also be important in order to maintain an allocation strategy.

    Lastly, consistency through investing, by continually adding to a strategy over time (systematic investing like a 401k, IRA or college savings plan). You buy more shares when prices are low and fewer higher priced shares when prices are higher therefore your cost is the average over time. You are investing in all of the seasons, over time.

    Contact or visit with your advisor today to start the conversation about the markets, seasons and your own goals and needs.

    Maurice Stouse is a Financial Advisor with Raymond James and he resides in Grayton Beach. He has been in financial services for over 30 years. His office is located at Raymond & Associates, Inc., 34851 Emerald Coast Parkway, Suite 200, Destin, FL 32451. Raymond James advisors do not offer tax advice. Please see your tax professionals. Raymond James & Associates, member New York Stock Exchange/SIPC. Phone 850.460.1995. Email: Maurice.stouse@raymondjames.com.

    Views expressed are the current opinion of the author and are subject to change without notice. Information provided is general in nature, and is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Past performance is not indicative of future results. There is no assurance these trends will continue or that forecasts will occur. Investing always involves risks and you may incur a profit or a loss. No investment strategy can guarantee success.

    Diversification and strategic asset allocation do not ensure a profit or protect against a loss. Investments are subject to market risk, including possible loss of principal. The process of rebalancing may carry tax consequences.

    Views: 0

  • Electric Bikes

    Electric Bikes

    Introducing ProdecoTech Electric Bikes

    Starting at just $1295

    ProdecoTech E-Bikes are among the most powerful and best selling American made electric bikes in the USA.
    Starting at only $1,299, they are also the most affordable and reliable as well. GulfWind Paddle & Surf is the exclusive dealer of ProdecoTech, so stop in and check out the
    complete line of the most fun and environmentally friendly means of transportation on 30A and South Walton County.

    “GulfWind Paddle & Surf . . . your one stop shop for everything SUP, Surf and E-Bike!”
    4552 US-98, Rosa Beach, FL 32459
    +1 850-502-4357
    gulfwindpaddleandsurf.com

    Views: 0

  • Maurice Stouse Financial

    Maurice Stouse Financial

    Long Term Health Care

    By Maurice Stouse

    According to the Centers for Disease Control and Prevention, average life expectancy for Americans was 68 in 1950, 74, in 1980 and today? It is 88 years old.  Many Americans might live 20 to 40 years in retirement. Studies by the National Clearing House for Long Term Care Information and the Department of Health and Human Services say the chances that someone over 65 years old will need some form of long term care is 70%.  The costs of such care can add up very quickly.  The average annual cost for a nursing home stay today is over $80,000 per year and assisted living costs are over $43,000 (according to the National Alliance for Caregiving in collaboration with AARP). The impact of this on retirement savings can be significant.

    Anticipating such expenses and planning for them is increasingly occupying retirement planning. Medicare and most health care policies cover little to none of the costs of long term care. Typically they cover short term rehabilitative care. Medicaid, an option for many, has certain hurdles that must be overcome in order to qualify (including the spending down of assets).

    Long term care typically takes three forms: Nursing home care (skilled care), assisted living facilities (intermediate care) and home health care (custodial). In order for someone to qualify for benefits at one of these facilities, a prospective patient has to meet a minimum number of daily living activities (DLA’s) that cannot be done on their own. These activities are: Eating, bathing, toileting, continence, transferring (getting in to a bed, a chair or a wheelchair) and dressing. Typically, in order to qualify for benefits, someone needs to have assistance with at least two of the six daily living activities.

    Funding options for long term care include one’s own financial resources, the assistance of family or friends and/or long term care insurance. Using one’s resources could prove challenging as the cost of assisted living continues to grow. Many Americans rely upon family and friends (78% currently). Lastly, many turn to what are now three options of funding via long term care insurance.

    Traditional long term care insurance pays for what Medicare will not. The problem is that long term care insurance increases with age and in recent years premiums have gone up substantially. It is term insurance, with a monthly premium.  A second option is to have a rider on a life insurance policy. Typically these policies could pay up to 2% of face value in monthly benefits ($6,000/month on a $300,000 policy for example). The paid benefits reduce the death benefit in this case. Lastly, there is asset based long term care insurance. In this scenario, life insurance or annuities are used to provide a long term care benefit. When and if needed, the monthly benefit is paid and could continue for several years. For example, the insured could buy a policy that covers a six year long term benefit. The benefits are tax free. The insurance company would reduce or exhaust the death benefit before extending the additional benefits.

    To learn more about and the funding of long term care, talk to your advisor or call a Raymond James financial advisor.

    Maurice Stouse is a Financial Advisor with Raymond James and he resides in Grayton Beach.  His office is located at Raymond & Associates, Inc., 34851 Emerald Coast Parkway, Suite 200, Destin, FL 32451. Raymond James advisors do not offer tax advice. Please see your tax professionals. Raymond James & Associates, member New York Stock Exchange/SIPC. Phone 850.460.1995. Email: Maurice.stouse@raymondjames.com.

    Views expressed are the current opinion of the author and are subject to change without notice. Information provided is general in nature, and is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Past performance is not indicative of future results. There is no assurance these trends will continue or that forecasts will occur. Investing always involves risks and you may incur a profit or a loss. No investment strategy can guarantee success.

    Views: 0

  • Live and Play on 30A December Economic Update

    Live and Play on 30A December Economic Update

    Live and Play on 30A December Market Update

    By Lisa Hughley

    The West End of 30A is growing and changing quickly! One of the notable newcomers on the West End includes “Shunk Gulley”, a restaurant and bar, situated at 393 and 30A is sure to please the most discerning palates. They offer naked oysters at $8 per dozen all day, with panoramic views of the Gulf and live music from 4-8pm daily. With shiplap walls, sliding barn doors, six TV’s on the upper level alone, and a gift shop, the decor is welcoming and the staff is friendly. The General Manager, Kirk Williams, and the Assistant General Manager, Grant Hill, both have a long history on 30A, coming from many years of association with Bud & Alley’s. Chef Tyler McMahan is talented, and has served at Cuvee Kitchen in Destin. My family and I are fans. Try the crab cakes with lump crab meat and little else or The Fried Sweet Tea Chicken, marinated in sweet tea for 24 hours, both are delicious!

    A new community, Cypress Lakes,  is also on the horizon. Situated by Cypress Dunes and being developed by Ashwood Development out of Atlanta, Cypress Lakes will be a walking community with retail space, restaurants, condos (rumored to have a rooftop pool) duplexes and single family homes, a stocked lake , and a reserved green space rounds out the plan for the upcoming community. If it is kept to the standard of Cypress Dunes, which has the same developer, it should be a nice addition to the area.

    30A Real Estate Market Update:

    East End:

    There are 37 Active Waterfront Single Family properties available at an average of $5,850,297. The low is $1,498,000 and the high is (an affordable) $25,000,000!  The average property is 3811 sq. ft,  $1,687.15 per sq. ft and 349 days on the market.

    There are 405 Non-Gulf Front Single Family properties available at an average of $1,518,126. The low is $333,900 and the high is $7,995,000. The average property is 2840 sq. ft, $499.68 per sq. ft and 228 days on the market.

    There have been 664 Sold Non-Gulf Front properties at an average of $1,245,010. at 96% of list price, with an average of 2689 sq. ft, $437.26 per sq. ft and 160 Days on the market. Highest sale in the last 12 months is $7,350,000.

    There are currently 122 Pending sales of Single Family properties up to $5,250,000.

    West End:

    There are 15 Waterfront Single Family properties available at an average of $4,491,867. The low is $1,975,000 and the high is $13,000,000.  The average property is 4536 Sq. Ft, $1,044.52 per Sq. Ft and 301 days on the market.

    There are 133 Non-Gulf Front Single Family properties available at an average of $1,079,765.  The low is $384,000. and the high is $6,500,000.  The average property is 2678 Sq. Ft, $371.73 per Sq. Ft and 204 days on the market.

    There have been 285 Non-Gulf Front Single Family properties Sold at an average of $693,820. with the highest being $3,330,000. and the low being $47,000. The average sale had 2357 Sq. Ft, $286.50 per Sq. Ft and 161 days on the market.

    There are currently 68 Pending sales of Single Family Homes up to  $10,900,000.

     

    Views: 0

  • Home Selling Secrets you need to know

    Home Selling Secrets you need to know

    Home selling secrets you need to know

    By Danny Margagliano

    The real estate market has been very solid in South Walton for quite a few years now.  It doesn’t take long to notice the new construction and neighborhoods that are popping up in the area.  The Emerald Coast and especially Santa Rosa Beach, Inlet Beach, and 30a have been growing tremendously over the past years.  Anyone that has kids here at Bay or Butler Elementary can attest.  Even with all of the construction of new homes and neighborhoods our real estate inventory is still low.  This high demand and low inventory makes for a seller’s market.  What this means is that the seller has a slight advantage because there are usually more qualified buyers available for each property on the market.

    Home Selling Secrets you need to know
    Danny Margagliano

    When looking to purchase a home in a seller’s market, there are a few things that you should do to expect the best outcome.  As always, make sure you have an experienced, full-time real estate agent that knows the area and the market.

    Receive a preapproval/prequalifying letter from a bank or mortgage company.  This solves two problems; first you need to know what you can afford, and second, you may find the perfect home and not be able to make an offer.

    The natural thing for people to do when purchasing something like real estate is wanting to get it for as little as possible- a natural instinct.  So, when we see the price of the home we naturally want to make an offer that is less than market value.  There is nothing wrong with that, even in a seller’s market.  Where people make the mistake is wanting to offer less than asking price without having facts to back up their offer. Here is where having an experienced Real Estate agent really helps!  Let your local Realtor get the information about other similar homes that have sold to see what he feels the home is actually worth.  If it’s overpriced, underpriced or priced right, make your offer according to the actual value of the home and back it up if necessary with facts.

    When selling your home in a strong seller’s market, as we are in now, there are a few pitfalls you will want to avoid.  Just as a buyer wants to get a home for the lowest price a seller wants to get their home sold for the highest price.  Don’t come up with a number that you “want” or “need” or “think” your house should sell for.  Let your agent do their job and determine what the market value is for your home.  Don’t make the mistake by listing your home for significantly more than it’s worth.  Just because it’s a seller’s market doesn’t mean a buyer will offer an unrealistic price.

    Unwillingness to negotiate with buyers will also lessen your chances of selling your property.  A buyer that makes an offer on your house rarely will offer full list price.  So be prepared to play the game and negotiate.  This doesn’t mean you need to sell your home under market value or give it away.  But do not expect to sell your home over what the market will bear.

    Danny Margagliano is a real estate agent at 30a Local Properties in Grayton Beach and can be contacted at 850-830-4747Danny@30alocal.com, and www.DestinPropertyExpert.com

     

    https://destinpropertyexpert.com/santa-rosa-beach-real-estate/

    Views: 0

Secret Link