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Want a deal? Here's a deal!

Beach Lover
5,407 views
3 bdrm/3 bath condo at Dunes of Seagrove. Beautifully decorated, great rental history, most of season booked.

Currently listed at $1.295 - All serious inquiries above $1M considered. Must sell this summer to move primary residence.

Realtors or interested parties PM me if you would like more info. We're motivated - so if you have a client whose ceiling is $1M, this might be the deal they've been waiting for.

Replies

29
Unplugged avatar
Beach Fanatic
#2
3 bdrm/3 bath condo at Dunes of Seagrove. Beautifully decorated, great rental history, most of season booked.

Currently listed at $1.295 - All serious inquiries above $1M considered. Must sell this summer to move primary residence.

Realtors or interested parties PM me if you would like more info. We're motivated - so if you have a client whose ceiling is $1M, this might be the deal they've been waiting for.
MLS #? I see 20 listed out there now - 5 of them are 3/3's. I see #108A for 1.275MM - could this be your unit?
Beach LoverAuthor
#3
Yes - Unit 108A
Beach Lover
#4
Patti,

If you're truly eager to sell in todays market, you should lower your price on the MLS. If you're willing to seriously consider $1M, then why not add your commision to that price and list it at $1,050,000. It will sell a lot quicker that way. Just my opinion. Good luck.
Smiling JOe avatar
SoWal Expert
#5
Patti,

If you're truly eager to sell in todays market, you should lower your price on the MLS. If you're willing to seriously consider $1M, then why not add your commision to that price and list it at $1,050,000. It will sell a lot quicker that way. Just my opinion. Good luck.
My thoughts exactly. If you list it at the price which you are willing to sell it, you will have much better success. I know sellers don't want to leave money on the table, but sellers need to wake up and smell the coffee -- Property ain't selling at your list price!!!
Beach LoverAuthor
#6
Point taken. I'll advise my realtor to drop it today if she can get it in the MLS. Anyone wanting to show it to their clients please bring them. Very motivated.
Beach LoverAuthor
#7
MLS# 405443
Price dropped to $999,000
steele mama avatar
Beach Fanatic
#8
MLS# 405443
Price dropped to $999,000
Sold! :lolabove:
Beach LoverAuthor
#9
$999,000 and NOT sold. OK you guys - in your honest opinion, what's it going to take?
Smiling JOe avatar
SoWal Expert
#10
In this market, you have to make it a steel of a deal for the buyer. What is that price which will make buyers jump? I bet $895K would make some people jump at this one. I know this one is the least expensive of the actively listed 3/3's, but those other ones which are listed are not selling at those prices, so those prices don't hold any weight.
Beach Lover
#11
I agree with Smiling Joe. In todays market, you have to make someone feel like they are getting a steal. $895,000 might get some calls, but I don't know if it will even sell for that. Gulf front is scary for people right now. If you are going to take the price down that much, I'd do it in one step. When you ease it down, you don't get the same impact as when you do it in one big drop. Good luck.
Beach Lover
#12
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...
Bob avatar
SoWal Insider
#13
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...
Great judgement! Do- it- yourself real estate at .9 mil in a weak market! What's next? Using a Dremel drill to beat the high cost of dentistry? SJ is giving pragmatic advice about adapting to current market conditions. Free advice...I might add.

Edited

Jim Tucker avatar
Beach Fanatic
#14
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...

4% :roll:
Smiling JOe avatar
SoWal Expert
#16
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...
You don't know me so don't go shoving your foot so deeply down your throat. You just might choke. :floor:
TooFarTampa avatar
SoWal Insider
#17
Great judgement! Do- it- yourself real estate at .9 mil in a weak market! What's next? Using a Dremel drill to beat the high cost of dentistry? SJ is giving pragmatic advice about adapting to current market conditions. Free advice...I might ad.

:lolabove:
Beach Lover
#18
Destinsm,

Do your research before you make such an ignorant statement.
Beach Fanatic
#19
Destinsm

if you are going to be so judgmental, at least get your facts straight!
Cork On the Ocean avatar
directionally challenged
#20
you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...

BS in Pharmacy, MS Architecture. I just don't get unkind people that dis others :idontno:

Back on topic. Just so happens, last week I called quite a few realtor friends and posed this question. What do you think would be most effective in moving this listing I have in Watercolor?

30K bonus
6% back to buyer at closing
Lower Price

!00% said the bottom line is the price. There's soooo much out there that IF they had a client, they'd show them the blatant bargain priced properties. The fact is that even though sales have picked up a little, there still are very few buyers for the number of properties on sale on 30A.

Destinsm's advise isn't supported by the facts.

77% of all buyers, buy through a realtor or broker. (only 9% buy directly from owners) and The typical FSBO home sells for 86.2% of agent listed homes.

I had a guy contact me last week saying How much can you get for my house and how quick can you sell it? :floor:

If we had the answers Patti, none of us would have listings that have been sitting on the market for a while. Right now, property owners need to sit and wait for the market to come back or price it way low to snag one of the coveted buyers this year. Some are predicting that if mother nature is kind this year, and the airport gets final approval, things will be picking up in fall :idontno:

Sounds like you've got your unit priced very competetively and I will keep it in mind for any buyers with interest in gulf front units. Good luck Patti

​
Beach LoverAuthor
#21
Would appreciate if all of you keep it in mind to show buyers looking for gulf front condo.

Kurt - Will make sure that my realtor has a link posted to the tour. It certainly helps. Your tours are the best brochure.
Pirate avatar
Beach Fanatic
#22
I think Dunes of Seagrove gulf front is worth 650k. Look next store at the townhomes still sitting at 695k, they were asking over 1m last year and some closed at 850-900. A little hotelish as well. You asked so I gave my opinion.
Beach LoverAuthor
#23
Which townhomes are you referring to? The older 1 & 2 bedrooms to the east of DOS?
Pirate avatar
Beach Fanatic
#24
Those are what I am referring to. They are around 1200-1400 sf. and actually include land with the purchase.
Beach LoverAuthor
#25
I did ask for opinions and respect yours. But don't think these 2 properties are a fair comparison any more so than comparing DOS to Watersound...
SHELLY avatar
SoWal Insider
#26
$999,000 and NOT sold. OK you guys - in your honest opinion, what's it going to take?

Am I right to assume that any price under $1 million is less than what was paid for the house last year?

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