July Sarasota Housing Trends

The latest July Sarasota housing trends showed real estate is thriving with 927 properties sold for a total of over $589 Million in the county, including North Port, Sarasota, and Bradenton areas.

Sarasota’s luxury real estate market is booming, with 116 properties selling for $1 million or more in July, including a stunning $10 million waterfront estate on Longboat Key. Waterfront homes remain highly sought after, making up 70 percent of the top sales for the month.

Despite a slight 6 percent dip in inventory from the previous month, buyers still have a wide range of options, with current inventory levels well above last year’s. Sarasota continues to be a top destination for those seeking a vibrant and fulfilling lifestyle, recently recognized by Kiplinger Personal Finance as the best place to retire, thanks to its low taxes, excellent medical care, and abundant recreational opportunities.

The area’s commitment to health and well-being has also been acknowledged by U.S. News & World Report, which named it one of Florida’s top 10 healthiest communities. Whether you’re looking to buy, sell, or explore your options, now is the time to connect with our expert team and discover why so many choose to make Sarasota their home.

Lee County July Housing Market Report

The Lee County July Housing Market reports showed 1,516 properties sold for just over $742 Million during the month in Bonita Springs, Cape Coral, Captiva, Estero, Fort Myers, Fort Myers Beach, Miromar Lakes, Sanibel, and surrounding areas.

The luxury market saw 81 properties sold at or above $1 Million in July, down from 106 in June. The highest-priced sale was a waterfront single-family home in Town and River on the Caloosahatchee River for $5,450,000.

Three of the top ten highest-priced home sales in Lee County were in golf communities. Notably, these golf homes sold in the Bonita Bay, Shadow Wood and Gulf Harbour Yacht and Country Club. The luxury golf homes sold ranged from $2,650,000 to $3,605,000.

Florida continues to be a top destination for those looking to relocate, and the numbers speak for themselves. Florida’s robust economy is one reason so many are choosing to call this state home. The state’s tax revenues have surged by $2 billion for the current fiscal year and the next, reflecting a thriving economy. With an unemployment rate below the national average and one of the highest wage growth rates since 2019, Florida is a place where financial prosperity meets a high standard of living.

Are you ready to make a move?

Lee County July Housing Market Report – Single-Family Homes

July 2024 versus July 2023 Single Family Home Highlights:

• Closed sales increased 9.1 percent going from 1,106 transactions up to 1,207 sales.
• Pending sales decreased 0.5 percent down from 1,244 last July to 1,238 this July.
• Inventory increased 77.2 percent up to 8,054 properties for sale compared to this same time last year when 4,545 homes were for sale.
• New listings increased from 1,502 up to 1,579 which was a 5.1 percent jump.
• Median days on market increased to 51 days, a 34.2 percent increase, versus July of 2023.
• Single-family home inventory ended July with a 7 months supply of homes available for sale, up from a 4.2 months supply during July of 2023.

While inventory of single-family homes was up significantly over last year, it decreased 2.3 percent compared to the previous month. Ultimately, the month ended with a 7-month supply of homes for sale, down from a 7.2-month supply in June.

For the third month in a row, the median sales price decreased over the same time last year. In the same way, the price decreased from $400,000 in June down to $395,000 in July. Thus, from a buyer’s perspective, there is more room to negotiate prices.

Additionally, prices vary by neighborhood. A key factor is the available inventory within the neighborhood. As inventory increases, prices tend to go down presenting buyers with more opportunities.

The number of days from listing a home to a contract decreased slightly from 53 days during the previous month down to 51 days in July. Once again, it was still a notable increase over the prior year when it was just 38 days. So, if you are considering selling, it’s critical to price your home competitively from day one. Not sure what your home is worth? Call, email, or text us for a FREE market analysis – 239.370.0892.

Or, if you are planning to buy a property, now is a good time to start watching the communities you are most interested in using our automatic property alerts. Not sure which communities fit your lifestyle? Contact us and we’ll help you target the neighborhoods that offer the amenities and lifestyle you would like to enjoy.

Lee County July Housing Market Report – Condos and Townhomes

July 2024 versus July 2023 Condo Highlights:

• Condo sales decreased 18.5 percent going from 379 real estate transactions down to 309 sales.
• Pending sales decreased 24 percent from 442 last July to 336 this July.
• Inventory increased 115 percent up to 4,237 condos for sale compared to last July when there were only 1,971 units for sale.
• New listings decreased from 534 down to 501 which was a 6.2 percent drop.
• Median days to contract was 67 days which represented a 55.8 percent increase versus July of 2023.
• Condo inventory ended July with a 10.2 months supply of properties available for sale or a 131.8 percent increase over last year.

Ultimately, Lee County finished the month with a 10.2-month supply of condos for sale, down from a 10.3-month supply during the prior month. So, it remains a buyers’ market if you plan to purchase a condo in Lee County.

 

Interestingly, inventory decreased by 2.6 percent compared to the prior month. It is common for inventory to decline during off-season. Traditionally, we see an uptick in new listings in October and November. If you’re a buyer, the increased condo supply is good news as there are more options available. If you are a seller, you should assess the other properties available to ensure you are in line with the current market value.

 

Once again, days on market increased month-over-month from 66 days in June up to 67 days in July. Similarly, it was still well above last year when it only took 43 days for a property to go to contract.

 

Also, the median condo price ended the month at $300,000 which was down from the prior year when it was $322,500. It was also down from the prior month when it was $348,500.

 

Finally, 60 percent of condo transactions were cash sales which was the same percentage during the previous month. Therefore, if you plan on leveraging a loan for your condo purchase, be aware you’re still competing with cash buyers.

 

Regardless of when you plan to purchase now or sometime in the future if you are a buyer, it may be time to take a closer look at homes for sale in neighborhoods that might fit your criteria. To stay up to date sign up for automatic property alerts.

Not sure if you should sell? We will provide you with the latest market data for your neighborhood. Additionally, we will help you decide if it makes sense to list your property. If you decide to move forward, together we will determine the optimum selling price.

Southwest Florida July Housing Market Report

2024 Lee County July Housing Market Report – Single Family Homes

2024 Lee County July Housing Market Report – Condos

Naples Golf Guy Monthly Market Report

Recently Listed Golf Properties

Ready for a Florida Vacation Home or Second Home?

If you’re ready to find your dream home or condominium in Southwest Florida, we invite you to explore our website for comprehensive information about the local communities. For golf enthusiasts, we specialize in real estate within golf communities.

With over 200 different golf communities in the area, navigating the various membership options, golf course designs, and amenities can be overwhelming. We will provide you with a curated list of the top private golf communities that align with your lifestyle.

Considering new construction? Keep in mind that the contractor’s real estate agent represents the builder’s interests, not yours. Our representation can help you save money and negotiate for extras.

We also handle all contract negotiations through paperless transactions, ensuring a smooth process from offer to close.

Results You Can Count On

The Naples Golf Guy Team, as seen on Forbes, will provide extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. Or, for buyers, we will help you find the community that will offer the ultimate Florida lifestyle in Paradise.

About Naples Golf Guy

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Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 3rd, 2024 Posted by Matt

July Real Estate Activity for Naples Florida

The most recent July real estate activity reports revealed a total of 608 properties were sold, amounting to just over $596 Million in sales for the month. Notably, the highest-priced sale was a Waterfront estate in Port Royal which fetched $20,700,000.

Furthermore, the Naples luxury real estate market saw a notable number of high-value transactions, with 145 properties sold at or above $1 million.

The overall inventory at the end of the month stood at 4,352 properties for sale, marking a substantial 51 percent increase compared to the same period last year. However, it fell 7 percent from the previous month. The decline in inventory is typical for this time of year as many Sellers will remove their properties from the market and wait until the fall.

Naples in Collier County is one of the most desirable places to live and retire in the country. Recently recognized by SmartAsset as a top 10 retirement destination, Naples has low taxes, excellent medical care, and a vibrant social and recreational scene that promises a fulfilling lifestyle.

Naples isn’t just a great place to retire; it’s part of a region that’s consistently celebrated for its health and well-being. U.S. News & World Report named Collier County one of the top 10 healthiest communities in Florida, underscoring the area’s commitment to a high quality of life.

Further, Florida’s robust economy is another reason why so many are choosing to call this state home. The state’s tax revenues have surged by $2 billion for the current fiscal year and the next, reflecting a thriving economy. With an unemployment rate below the national average and one of the highest wage growth rates since 2019, Florida is a place where financial prosperity meets a high standard of living.

Are you ready to relocate to the Sunshine State?

July Real Estate Activity

July 2024 versus July 2023 Highlights

• Closed sales decreased 3 percent compared to July of last year.
• Overall pending sales decreased 16 percent versus the same time in 2023.
• Inventory increased 51 percent up from 2,892 homes to 4,352 homes for sale.
• Average days on market increased 45 percent up to 81 days compared to July of 2024.

In the month of July, a total of 608 properties were sold in the real estate market, consisting of 347 single-family homes and 277 condos. This marked a 3 percent decrease in sales compared to the previous year.

Year-over-year, the median price for single-family homes fell to $717,500 from $732,500. On the flip side, the median sales price for condominiums rose from $460,000 last July up to $470,000 in July of this year.

Additionally, the average number of days it took for a property to go to contract saw a slight increase from 78 to 81 days between June and July. However, this figure still falls short of the typical 120 days seen in a normal market.

Sales activity during the off-season summer months are historically lower than sales activity during season. Thus, sellers must set the right prices to stay competitive in today’s market.

Top 10 Luxury Naples Golf Home Sales in July

• $6,510,000 – 1490 Anhinga Pt. in Grey Oaks with 5,225 sq. ft. (100% of list price)
• $5,800,000 – 16988 Fairgrove Way in Talis Park with 4,847 sq. ft. (91% of list price)
• $5,050,000 – 5018 Groveland Ter. in Quail West with 4,782 sq. ft. (96% of list price)
• $4,450,000 – 16483 Seneca Way in Talis Park with 3,658 sq. ft. (99% of list price)
• $4,300,000 – 4262 Deephaven Ln. in Quail West with 4,334 sq. ft. (87% of list price)
• $3,800,000 – 4265 Deephaven Ln. in Quail West with 3,800 sq. ft. (89% of list price)
• $3,475,000 – 16337 Corsica Way in Talis Park with 3,175 sq. ft. (89% of list price)
• $3,450,000 – 11964 Colliers Reserve Dr. in Colliers Reserve with 4,546 sq. ft. (93% of list price)
• $3,400,000 – 7020 Verde Way in Pelican Bay with 2,805 sq. ft. (92% of list price)
• $3,250,000 – 2306 Silver Palm Pl. in Grey Oaks with 2,874 sq. ft. (99% of list price)

New Listings in Golf Communities

So, if you just want to keep an eye on the market, we can set up a custom property search that is fully automated or sign up for automatic property alerts.  Please feel free to call us at any time to set up the alerts for you based on your criteria.

Make Naples Your New Home

Naples, with its unbeatable combination of natural beauty, health-conscious living, and vibrant community, stands out as a premier choice for those looking to relocate. Whether you’re drawn by the low taxes, top-tier healthcare, or the array of recreational activities, Naples offers a lifestyle that’s hard to beat.

Don’t miss your chance to be part of this thriving community in the heart of Florida’s paradise. Start your journey to owning a home in Naples today, and experience firsthand why this area continues to be a top choice for discerning homeowners.

When it comes to navigating the intricate real estate market, whether you are buying or selling, the Naples Golf Guy team is here to assist you. Our team consists of dedicated REALTOR® professionals who possess the knowledge and experience to offer you precise and up-to-date market information.

Feel free to reach out to us via phone, email, or text at 239.370.0892 to fulfill all your real estate requirements.

 New Golf Properties Just Listed in Southwest Florida

Preview new golf properties just listed for sale in Naples, Bonita Springs, Estero, Fort Myers, Bradenton, and Sarasota! Are you ready to buy or sell a luxury golf home in Southwest Florida?

There are more than 200 golf courses in southwest Florida. Over 90% of these golf courses require you to be a resident or purchase a social or golf membership. From private equity golf clubs to bundled golf communities, we have a home or condo that will fit your lifestyle.

Also, if you’re wondering why you should choose Southwest Florida, in addition to significant tax advantages (did I mention there is no state income tax, low property taxes, and no inheritance tax?), we have perfect weather and an abundance of outdoor activities, shopping, and dining to suit everyone’s lifestyle.

So, whether you are considering relocating to our area or you are looking to buy your dream home, a second, third, or fourth home, check out some of the Top Private Golf Clubs and golf homes for sale in Southwest Florida Golf Communities on the market today!

SOUTHWEST FLORIDA GOLF COMMUNITY PROPERTIES FOR SALE

NAPLES Golf Community Properties for Sale

BONITA SPRINGS Golf Community Properties for Sale

ESTERO Recently Golf Community Properties for Sale

FORT MYERS Golf Community Properties for Sale

BRADENTON Golf Community Properties for Sale

SARASOTA Golf Community Properties for Sale

Which Golf Community is Right for You?

With more than 200 golf communities in Southwest Florida, finding the perfect one to call home doesn’t just feel intimidating, it is. Different golf clubs offer different amenities, courses, and lifestyles. So, to discover what truly feels right for you requires an insider’s perspective.

From private equity golf clubs to bundled golf communities, we have a home or condo that will fit your lifestyle. With more than 20 years of experience, we can help narrow down the list of communities to those that fit your lifestyle and housing options. We will help turn the process into an easy and enjoyable one.

Our vast relationships with all the golf communities from Naples to Sarasota allow us to serve our clients by providing relevant and current information about various golf communities in Southwest Florida. We’ll help you understand the difference between our bundled golf communities and our equity/non-equity golf communities. There are advantages and disadvantages to each type of membership and community.

Once we know how often you play, other desired club amenities, property type, and a desired price range we can help you narrow the list of clubs down to a handful that will potentially offer you the Florida golf lifestyle you are looking for. Let’s get started, call 239.370.0892 or email us today.

Explore Your Dream Home in Talis Park

Visit this dream home in Talis Park during our Open House this Sunday, September 1st from 1-4 PM.

16394 Corsica Way S. Unit 101 Naples, FL 34110 – List Price $1,550,000

Discover Your Dream Home in Talis Park: A Luxurious First-Floor Coach Home Awaits

Are you in search of a move-in-ready, luxury home within one of Naples’ most exclusive communities? Presenting a rare opportunity to own a newly renovated first-floor “Messina” model Corsica coach home in Talis Park. This stunning, light-filled end-unit offers the perfect combination of single-family charm and coach home convenience, all wrapped in contemporary elegance with the utmost privacy.

Exceptional Outdoor Living

Imagine stepping into your own private retreat, where a spacious lanai serves as an outdoor sanctuary perfect for both entertaining and unwinding. This fully equipped outdoor kitchen sets the stage for memorable gatherings, while the expansive backyard, complete with a cozy fire pit, invites you to enjoy cooler evenings under the stars. The attached two-car garage not only adds convenience but also provides ample storage for all your needs.

Sophisticated Interior Features

Inside, this meticulously designed home features 3 generously sized bedrooms, each with its own en-suite bathroom, plus an additional half bath for guests. The interiors are a showcase of modern sophistication, highlighted by sleek quartz countertops, stylish sinks, and elegant fixtures. The gourmet kitchen is a culinary masterpiece, outfitted with top-of-the-line KitchenAid appliances, a brand-new 2024 refrigerator, a natural gas stove, a walk-in pantry, and an oversized island that seamlessly connects to the sun-drenched living and dining areas.

Key Features You’ll Love:

• Keyless entry with integrated camera for added security
• Whole house surge protection to ensure your electronics are safe
• Plantation shutters and UV light in the AC system for enhanced comfort and air quality
• Energy-efficient tankless hot water heater and a new water filtration system
• Beverage cooler and specialty lighting to elevate your entertaining experience
• Upgraded recessed LED lighting throughout for a modern touch
• Luxury vinyl flooring in all bedrooms and closets, adding a fresh, contemporary feel
• 2024 color palette curated by a professional decorator, bringing a stylish, cohesive look to the entire home
• Custom built-in cabinets at the garage entrance, offering additional storage space

Why Talis Park Living is Unparalleled

As a resident of Talis Park, you’ll enjoy access to a wealth of world-class amenities. The community’s state-of-the-art sports complex includes a lap pool, tennis courts, pickleball, and a cutting-edge fitness center. Relax and rejuvenate at the luxurious spa or take advantage of the private shuttle to the beach. Golf enthusiasts will appreciate the premier Greg Norman and Pete Dye-designed golf course, available from May through October.

This Home is a Rare Find—Schedule Your Private Showing Today!

This exceptional coach home in Talis Park offers a seamless blend of luxury, functionality, and low-maintenance living, with exterior maintenance included in your HOA dues. Don’t let this rare opportunity slip away—contact us today to schedule your private showing and experience the pinnacle of luxury living in Talis Park.

Elevate Your Lifestyle in Talis Park—Your Dream Home is Just a Call Away!

Call us now at 239.370.0892 to book your private tour and see firsthand why this home is the epitome of Talis Park luxury.

August 31st, 2024 Posted by Matt

Talis Park Coach Home Just Listed

Explore This Exceptional First-Floor “Messina” Model Coach Home in Talis Park – Your Private Oasis Awaits!

16394 Corsica Way S. Unit 101 Naples, FL 34110 – List Price $1,550,000

Learn More About this Talis Park Coach Home Just Listed:

Are you searching for a luxurious, move-in-ready home in one of the most sought-after communities? Discover the rare opportunity to own a beautifully renovated first-floor “Messina” model Corsica coach home in Talis Park. This sun-drenched, end-unit residence combines the charm of single-family living with the convenience of a coach home, offering contemporary elegance and unmatched privacy.

Outdoor Living at Its Finest

Step into your private lanai, an outdoor paradise perfect for entertaining or relaxing. Equipped with a full outdoor kitchen, this space overlooks a spacious backyard oasis. Gather around the inviting fire pit on cooler evenings, creating lasting memories with friends and family. The attached two-car garage offers ample storage and convenience, making everyday life easier.

Interior Features That Impress

Inside this exquisite home, you’ll find 3 bedrooms, each with its own en-suite bathroom, plus an additional half bath. The interiors are adorned with sleek quartz countertops, modern sinks, and chic fixtures that exude sophistication. The gourmet kitchen is truly a chef’s dream, featuring top-of-the-line KitchenAid appliances, a brand-new 2024 refrigerator, a natural gas stove, a walk-in pantry, and an oversized island that seamlessly connects to the bright living and dining areas.

Must-Have Home Features:

• Keyless entry with integrated camera for enhanced security
• Whole house surge protection to keep your electronics safe
• Plantation shutters and UV light in the AC system for improved comfort and air quality
• Tankless hot water heater and new water filtration system for efficiency
• Beverage cooler, specialty lighting, and upgraded recessed LED lighting for a modern touch
• New luxury vinyl flooring in all bedrooms and closets for a fresh, contemporary look
• A professionally curated 2024 color palette throughout the freshly painted interior
• Custom built-in cabinets at the garage entrance for extra storage space

Experience the Best of Talis Park Living

Living in Talis Park means enjoying exclusive access to world-class amenities, including a state-of-the-art sports complex with a lap pool, tennis courts, pickleball, a cutting-edge fitness center, and a luxurious spa. Residents also have access to a private shuttle to the beach and can take advantage of the premier Greg Norman and Pete Dye-designed golf course, available from May through October.

Why This Home Is a Must-See

This home perfectly blends luxury, practicality, and low-maintenance living, with exterior upkeep covered by your HOA dues. Don’t miss this chance to own a rare gem in Talis Park – schedule your private showing today and experience the epitome of luxury living!

Maximize Your Lifestyle in Talis Park – Your Dream Home Awaits!

Call us today for a private tour at 239.370.0892.

How To Choose a Great Local Real Estate Agent

Selecting the right real estate agent can make a world of difference when buying or selling a home. But how do you find the best one? Here are some tips to help you make that big decision as you determine your partner in the process.

Check Their Reputation

Start by gathering information about agents in your area. From there, try to narrow down the list. Ask the people you trust if they have someone they’d recommend. You’ll want to find an agent with a strong online presence, plenty of positive reviews, and someone whose great reputation truly precedes them. As Freddie Mac explains:

“. . . you may want to look for a real estate agent who specializes in the type of home you’re searching for. For example, if you are looking for an energy-efficient home, look for an agent who has experience with finding and negotiating offers for those homes. If you are looking for new construction, you’ll want to find an agent who has experience with new construction and isn’t affiliated with the builder . . .”

Look for Local Market Expertise

A great agent should have in-depth knowledge of what’s happening at the national and local level. That way they can clear up any misconceptions sparked by what you’re reading or hearing in the news. And they can tell you how your area compares to the national data. As an added perk, they’ll also be familiar with the neighborhoods you’re interested in and community amenities. As a recent article from Business Insider says:

“Spend some time talking with prospective agents about the local real estate market and how it could impact your purchase or sale. You want to get an understanding of how knowledgeable they are about local market conditions. Whether they’re helping you sell or buy, their strategy for you should account for those conditions.”

Get a Feel for Their Communication Style and Availability

Effective communication is key in real estate transactions. Choose an agent who listens to your needs, answers your questions quickly, and keeps you informed throughout the process. If an agent is juggling too many clients, they might not be able to give you the attention you deserve. You want someone who will be readily available and responsive. So, what’s the best way to get a feel for their communication style and preferences? Bankrate offers this advice:

“Interviews also give you a chance to find out the agent’s preferred method of communication and their availability. For example, if you’re most comfortable texting and expect to visit homes after work hours during the week, you’ll want an agent who’s happy to do the same.”

Trust Your Gut

Last, rely on your instincts. If you feel like you do or don’t click with one of the agents you’re talking to, that matters. Choose an agent you feel at ease with and who inspires confidence. The right agent should be someone you trust to guide you through one of the most significant transactions of your life. As Business Insider says:

“As long as you’ve properly vetted the agents you’re considering and ensured they have the necessary expertise, it’s ok to go with your gut . . . Maybe you have a better rapport with one of the agents you’re considering, or you just feel like they’re easier to approach. You’re going to be working closely with this person, so it’s important to choose an agent you’re comfortable with.”

Bottom Line

By following these tips, you can pick an agent who’ll provide the support and expertise you need to help make the process as smooth as possible. It’d be an honor to apply for that job. Let’s connect so we can have a conversation and see if we’d be a good fit for working together.

August 22nd, 2024 Posted by Matt

The Great Wealth Transfer: A New Era of Opportunity

In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer.

Historically, the transfer of wealth from one generation to the next was a more gradual process, often limited to smaller amounts of inheritance or family savings. But today, the scale has increased in a big way. As a recent article from Bankrate says:

“The biggest wave of wealth in history is about to pass from Baby Boomers over the next 20 years, and it’s going to have major impacts on many facets of life. Called The Great Wealth Transfer, $84 trillion is poised to move from older Americans to Gen X and millennials. If it’s managed smartly, Americans will be able to grow their wealth and ensure their financial security.”

Basically, as more Baby Boomers retire, sell businesses, or downsize their homes, more substantial assets are being passed down to younger generations. And this creates a powerful ripple effect that’ll continue over the next few decades. The graph below uses data from Merrill and Cerulli Associates to give you an idea of how much inherited money is set to change hands through 2045:

Impact on the Housing Market

One of the most immediate effects of this wealth transfer is on the housing market. Home affordability has been a concern for many aspiring buyers, especially in high-demand areas. The increase in generational wealth is expected to ease some of these challenges by providing future homeowners with greater financial resources. As assets are passed down through generations, buyers may find themselves in a better position to afford homes. Merrill talks about that benefit in a recent article:

“While millennials face steep barriers . . . to buying a first home in many markets, ‘that’s a for-now story, not a forever story’ . . . The Great Wealth Transfer should enable more of them to become homeowners — or trade up or add a second home — either through inherited property or the funds for a down payment.”

Impact on the Economy

But the Great Wealth Transfer doesn’t just impact housing. It’s also going to provide a new avenue for entrepreneurial spirits to fuel economic growth. If someone is looking to start a business and they’re receiving funds like this, that money can used as the necessary capital to start a new company. This helps the next generation of innovators and business owners bring their ideas to life.

Bottom Line

While affordability remains a challenge in today’s housing market, the ongoing Great Wealth Transfer is poised to unlock new opportunities. As wealth is passed down and put to use, it’s expected to ease some of the barriers to homeownership and fuel other entrepreneurial endeavors.

August 14th, 2024 Posted by Matt

Value of  Using a Buyers Agent

Are you considering buying a home and you’re not sure if you should use a buyer’s agent you are not alone. So, while you can go it alone, using a buyer’s agent when purchasing a home offers several significant advantages:

1. Expert guidance: A buyer’s agent provides professional expertise throughout the complex homebuying process, helping you navigate paperwork, contracts, and legal requirements[1][4]. They can explain complex terms and procedures, saving you time and potentially costly mistakes[5].

2. Market knowledge: Buyer’s real estate agents have in-depth knowledge of local markets, including pricing trends, neighborhood information, and access to off-market listings[1][3]. This insight can help you find the right property at the right price.

3. Negotiation skills: A buyer’s real estate professional will negotiate on your behalf, potentially securing better terms, price, and contingencies in the purchase agreement[1][2]. Their experience in negotiations can be invaluable, especially in competitive markets.

4. Property search assistance: Agents have access to the Multiple Listing Service (MLS) and other resources, allowing them to find properties that match your criteria more efficiently[1][3]. They can also provide information on unlisted properties or upcoming listings.

5. Objective advice: A professional Realtor offers unbiased opinions and information about properties, helping you make informed decisions[5]. They can point out potential issues or red flags you might overlook.

6. Network of professionals: Agents can refer you to other trusted professionals in the home buying process, such as inspectors, attorneys, and mortgage lenders[2].

7. Advocacy: A buyer’s agent has a fiduciary responsibility to represent your best interests throughout the transaction[1]. This ensures you have someone looking out for you at every step.

8. Time-saving: By handling property searches, scheduling viewings, and managing paperwork, a buyer’s agent can save you significant time and effort[4].

Therefore, while it’s possible to buy a home without an agent, the expertise, support, and potential cost savings make working with a buyer’s agent a wise choice for most homebuyers, especially those new to the process or unfamiliar with the local market[4].

Citations:
[1] https://www.homelight.com/blog/buyer-buyers-agent/
[2] https://www.nerdwallet.com/article/mortgages/buyers-real-estate-agent
[3] https://www.bankrate.com/real-estate/buyers-agent/
[4] https://www.bankrate.com/real-estate/should-i-buy-house-without-realtor/
[5] https://www.nar.realtor/magazine/tools/client-education/handouts-for-buyers/7-reasons-to-work-with-a-realtor

August 11th, 2024 Posted by Matt

Heritage Bay Terrace Condo Just Sold

Congratulations to our clients who sold their Heritage Bay Terrace Condo! Listed by the Naples Golf Guy Team, this renovated condo is in one of the best bundled golf communities in North Naples.

10285 Heritage Bay Blvd. Unit 835 Naples, FL – Sales Price $387,000

More About this Heritage Bay Terrace Unit:

This 2-bedroom, 2-bathroom condo offers an unparalleled lifestyle in a premier bundled golf community.

This third-floor turnkey furnished condo includes a full golf membership. Also, the unit offers a spectacular view of the golf course and tranquil lake all from the comfort of the screened-in lanai and living area.

Further, the unit was renovated and has new plank flooring, ceiling fans and lighting. The kitchen includes stainless steel appliances, granite countertops and crown molding. The master bathroom has an updated shower and custom closets.

• Two Bedrooms
• Two Bathrooms
• 1,194 Square feet under air
• Year Built: 2006

So, are you planning to sell your Heritage Ba home? Contact us today at 239-370-0892.

More About Heritage Bay Golf & Country Club

Heritage Bay is a bundled golf community located in North Naples. Therefore, a golf membership is included in the purchase price of your property. Furthermore, regular community homeowners association fees include your golf membership dues.

Gordon Lewis and Jed Azinger designed the golf course which includes spacious fairways and undulating greens.  Also, there is a large practice area with an aqua range and a short game area.

Additionally, there is a brand new resort-style pool with a full-service outdoor restaurant. Furthermore, the clubhouse has an updated Grille room overlooking the golf course and offers a casual dining option for members to enjoy after a round of golf.

Beyond golf, As a resident of Heritage Bay, you’ll have access to an array of top-notch amenities, including a clubhouse, resort-style pool, tennis courts, pickleball courts, bocce ball, fitness center, spa, and multiple dining options.

Engage in a vibrant social scene with organized events, clubs, and activities tailored to a variety of interests.

Finally, single family homes, condos and coach homes surrounded the golf course. Therefore, there is a home for everyone’s lifestyle.

Learn more about Heritage Bay…