South Florida has long been known for its luxury living and sought-after blend of stunning oceanfront vistas, world-class dining, shopping, and entertainment, and attractions. From basking in perpetual sunshine and lounging on stunning beaches to reveling in the vibrant nightlife, there are many ways to enjoy everything South Florida offers.
Price your home competitively
But how can you accurately determine your home’s listing price? In order to come up with the property’s market value, a comparative market analysis must be conducted by a real estate professional. This will compare homes similar to yours that are for sale in the same area.
You’ll work with your agent to create a listing price based on the analysis’s findings. One data-backed strategy is to list your home at a price just above market value, allowing you wiggle room to come down in price during negotiations if need be and still reach your desired outcome.
When a buyer's offer falls below your expectations and the home has been priced fairly, you can either counter with the list price or politely suggest the buyer submit a new bid. If the buyer walks away, it is most likely a sign that they were not serious about the purchase in the first place. Be ready to reject low offers if you hope to receive top dollar for your property.
Whether items are considered inclusions or exclusions can be tricky to determine. A custom grill in an outdoor kitchen or a child’s play set may seem like an inclusion, but they may not be. It all depends on what is written as part of the contract. In many cases, you can use this to your advantage and sweeten the deal by negotiating inclusions into the contract, especially if these items are ones you hadn’t planned on keeping.
You’ll have the most leverage in a seller’s market. During this time, demand typically outweighs housing supply, and you can use this to your advantage by opting out of providing
When making the decision to provide or decline concessions, consult with your real estate expert, who will have an in-depth understanding of local market dynamics and can help you make solid decisions.
As a buyer or seller, you may encounter various contingencies during real estate transactions. Some examples include needing a home inspection, setting a specific timeframe for the buyer to secure a mortgage, and more.
Occasionally, an offer made by a buyer may contain numerous contingencies. At this time, you’ll want to sit down with your agent to determine if these terms are a good fit for your particular goals. You can always decline contingencies or negotiate better terms.
Be prepared to walk
The top strategy
Expert Kimberly Rodstein has been in the Miami Beach real estate industry for 25 years. In just the last year alone, she has successfully negotiated property transactions worth over 44 million dollars. Her services are top-rated and encompass everything from staging and advertising to marketing and beyond, ensuring her clients receive the best possible results. If you want assistance selling your home or are searching for luxury properties in South Florida, please do not hesitate to contact Kimberly today.