Perfect Storm for Seller’s In Pt. Fermin
It's a Seller's Market, 3 months of home Inventory to sell off
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I’m highlighting Pt. Fermin today, cuz I’m in love with Pt. Fermin and I get to doorknock all weekend. Yes, for me, it’s a blast. And there’s such good news for any homeowner thinking of selling. I’m out to declare it.
First off, Perfect Storm references the data that if you are worried you can’t sell, stats show you can blow those worries far out to sea. You surely can (and not “give it away”) and sleep soundly knowing you got the highest price possible. Now, can you accept that price? There are benefits to selling now and I bring a clear warning.
Here’s the truth: this market is incredibly price sensitive. Like if you’ve put that teeth-whitening goo on for just too long and now your spine tingles bad when anything cold is one foot away. That kind of sensitive. Over price and I promise you you’ll enjoy your home for a long time. Maybe that’s okay, and you just need to try out that price. Okay, do that, this is your special, unique home and you have your reasons. BUt if you are absolutely committed to selling, then with a careful review of your market value & if you price at or lower you will wooooooo those buyers in. AND THOSE BUYERS ARE OUT THERE.
**This last week: I wrote 2 offers for buyer clients. One property had 17 offers come in. The other 7 offers. There was a 3rd but I didn’t have time to get an offer in as they had 3 offers on the 3rd day and too bad said the listing agent. It’s a frenzy out there. Did you know that?? But not when you overprice.
Today there are only 13 homes for sale in Pt. Fermin, and what a range from mid 2’s to that very special home on the bluffs at 2mil $99,000.. It’s block by block in Pt.Fermin….so pricing is both science and art. Get those right and you can hold court to offers.
Just 13 homes means there’s 3 months of inventory, that’s a true SELLER’S MARKET. You can be in control at least of who comes to your home and the mindset they have. Do you want buyers walking thru your home picking away at your price with every tiny flaw they surmise? or thinking “what do I need to offer to win this great place?”
Then again, you need a straight talking agent who will tell you the truth and hear your truth. That’s a plug fer sure.
See you out there. enjoy this gorgeous California day.
Renee Ferjo
Propportunity Agent with Keller Williams PV Realty
310.200.4614
ReneeFErjo@KW.com
Dept of REal Estate Lic. #01422402
