Orlando Real Estate, Orlando Buyers Agent, Orlando Homes, Orlando Buyers Broker: Orlando Real Estate and Low Ball offers...

Orlando Real Estate and Low Ball offers...

Lose with a lowball offerOrlando Real Estate and Low Ball offers...

Recently we had a client in a multiple offer situation in Downtown Orlando...

Buyer said:  How low can I go?

I said:  You mean how high can you go?

Buyer said:  I know this is a "buyers market"....

I said:  You mean this was a "buyers market"...

Buyers said...But the people at work say I would be crazy to pay full price...

I said...When was the last time they bought a home?

Buyer said... Well... in Tennessee we always get 20% off the listed price...

GRRRRRRRRRRRRR....

As it turned out, the buyer offered $10,000 above full price...and still did not get the property.  Next time, I bet the buyer will not mention that it's an "Orlando Buyer's Market" because that does not exist.  Reality is that the BUYERS MARKET IN ORLANDO FLORIDA IS OVER....caput, gone, no longer available.  Now replaced with many multiple offers at full or above full price.  Here are the statistics for the Orlando Real Estate Market.

I have my seatbelt on and I am ready cause the "sellers market" is growing...Call me for the best deal in town!

Copyright @ Buyers Broker of Florida 2012 "Orlando Real Estate and Low Ball offers"

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Representing ONLY the best interest of the Home Buyer...never the seller.

 Eve Alexander Orlando Buyers Agent

 

Comment balloon 4 commentsMike & Eve Alexander • April 26 2012 09:56AM

Comments

Hi Mike & Eve, great to hear how well O'Town is doing.  Send a few of the overflow buyers up our way to Ocala!

Posted by Bob Miller, The Ocala Dream Team (Keller Williams Cornerstone Realty) over 6 years ago

So very frustrating to continue to hear from buyers that have been told by some mystery source that homes can be had for far less than list price and then to make matters worse, these same buyers want to buy in the MOST popular areas with the least amount of inventory, if only I had a magic wand!

Posted by Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793 (Rockwood Realty) over 6 years ago

Mike & Eve: I think buyers will go through a transition like sellers had to go through when the market changed. It took awhile to adjust. Somtimes, when there's a stubborn buyer (and I especially love the ones who put more value on people's opinions who are not in real estate or those terribly inaccurate zestimates) than actual sales data given to them my a real estate pro who is a local market expert.  I had one who kept saying, "well, the news media says"...  After he lost out on two deals because "well, the news media says", he finnaly snapped up the third one. Sometimes buyers and sellers have to lose in order to realize what the true markt is.

Posted by Donna Yates, Blue Ridge Mountains (BHGRE - Metro Brokers) over 6 years ago

Bob:  Yes, our market has totally turned.

Kathy: you are soooo right!

Donna:  I have one like that right now...thinks that cash will beat a higher offer...that is no longer true.

 

Posted by Mike & Eve Alexander, Exclusively Representing ONLY Orlando Home Buyers (Buyers Broker of Florida ) over 6 years ago

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