Testing, testing, forget it!

Here is my advice to anyone thinking about testing the waters for selling their property on the Gulf coast of Florida.

If you don't have to sell don't do it.

It is a shark fest out there. Ask any Realtor worth their salt in the Manatee, Sarasota and Anna Maria Island area and they will tell you the same thing.

If they don't they are either fooling themselves or you or both.

There is about a 35 month supply of single family homes on the market right now in Manatee County alone. Some areas have more than double that amount of inventory.

No the annual snowbird influx is going to come no where near to gobbling up all that excess.

Homeowners are upset over low offers. If you are in this market get used to it.

If you are insulted by offers lets say 25 percent or more below your asking price, get out of the market or get used to being insulted.

This is an extremely strong buyer's market with a lot of foreclosures and short sales driving the prices down in every neighborhood.

For buyer's right now everyday is Christmas Day. As a buyer's agent I know my clients are doing the happy dance and shopping to their hearts content.

For sellers, if you don't want to drop your price, get ready to sit there with your home for sale for a long time.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149
greg@teamworksfla.com