To Determine Your Listing Period, Analyze Your Local Real Estate Market

Naples is a beautiful city with gorgeous homes for sale. If you are thinking about buying a home, click here to view all our listings, or if you want to sell, we can provide a Home Price Evaluation. If you have any questions or are interested in meeting for a home buying or selling consultation, please call us at 239-595-8500.

How Long Should You List Your Naples Home?

A lot of our clients here in Naples have been wondering how long they should list their homes for. Some people believe that if they contract for a shorter listing period that an agent will work harder and sell their home faster. This is not necessarily true, and your agent has very little control over what happens in the real estate market. However, you need to give your real estate agent an adequate amount of time to get your property listed, marketed and sold.

You must take into account what is happening in your local real estate market. In addition to looking at the local market, you will want to also consider your specific neighborhood.  Depending on where you are your property could sell a little faster or a little slower when compared to a similar property in a different area.  Real estate markets can be extremely local and can vary wildly from community to community.  

Determine an Agreeable Time Frame to Sell Your Property 

You must take into account what is happening in your local real estate market. In addition to looking at the local market, you will want to also consider your specific neighborhood.  Depending on where you are your property could sell a little faster or a little slower when compared to a similar property in a different area.  Real estate markets can be extremely local and can vary wildly from community to community. 

If you get impatient and remove your listing, you would then have to start the entire process over again, and this will only cost you more time and money. This is why it is important to hire professionals, like The Saad Team who know and study the market, pricing, and trends every day. Know your local real estate market before you sign a listing contract. You shouldn't expect your home to sell instantaneously, but you should have a reasonable time frame in mind so that your property does not go stale.

If you have any questions, or if you or anyone you know is looking to sell, buy, or invest in real estate, please contact the Saad Team at (239) 595-8500 or email us at sold@thesaadteam.com.

Real Estate Websites Can Lead You Astray

Naples is a beautiful city with gorgeous homes for sale. If you are thinking about buying a home, click here to view all our listings, or if you want to sell, we can provide a Home Price Evaluation. If you have any questions or are interested in meeting for a home buying or selling consultation, please call us at 239-595-8500.

Are Online Home Searches Trustworthy?

Today we are going to talk about real estate websites because so many people are going online to search for homes these days. Whether it's shopping for shoes, searching for information, or browsing for homes, people are now turning to the World Wide Web as their #1 resource.

People often use websites like Realtor.com, Trulia, or Zillow to search for properties online. However, there are major pitfalls to using these websites when you're searching for a home in Naples, and this is what we want to address for you today.

Real Estate Websites are not Always Accurate or Updated
There are many times when we receive a call from one of our clients who is very excited to see a particular property in Naples. We will then speak with this client and get the information about the property, including the MLS number. The MLS is the home search engine that real estate professionals use to list homes and mark them as closed. This updated information helps us track sales data.

Websites like Trulia or Zillow will not have accurate and updated information on properties like the MLS will. We often find that a home that one of our clients saw on these websites is already sold or already under contract. Websites like these can waste your precious time, and this can end up costing you money as well as a good home.

Another downfall to these websites is that they use what is called an 'Automated Estimation Value System'. In fact, the NABOR listing contract specifically allows sellers to opt out of them, and most of our sellers choose to do this. This is because the automated value system that these websites utilize is often not accurate or up-to-date. This system does not always pull directly from the public records or the recent sales in your local area, so it gives people an inaccurate portrait of the market. 

One more reason we do not recommend these websites to our customers is because they will actually take your information and sell it to real estate agents. Real estate agents can then 'buy' opportunities to get leads on listings by purchasing your information. This information is often sold to multiple agents who do not have your best interests in mind.

So, when you're looking to buy, sell or invest in a home, be sure to contact The Saad Team, your professional team of real estate agents. We can provide you with accurate information - and most importantly - a customized service to find the perfect home that will suit all of your needs.

We look forward to helping you find your dream home in Naples! As always, if you have any questions about the real estate landscape here in Collier County, please feel free to contact us and we would love to provide you with all of our updated information.

If you would like to buy, sell, or invest, give us a call at (239) 595-8500 or email us at sold@thesaadteam.com.

Use an Effective Pricing Strategy to Sell Your Naples Home Efficiently

Naples is a beautiful city with gorgeous homes for sale. If you are thinking about buying a home, click here to view all our listings, or if you want to sell, we can provide a Home Price Evaluation. If you have any questions or are interested in meeting for a home buying or selling consultation, please call us at 239-595-8500.

Pricing Homes Effectively for Efficient Sales

Today we're here to speak with you about effective home pricing because it's an issue that we've been hearing about on some recent listing appointments

We understand that the real estate market in Naples has shifted, and it is what we would now call a normal market. What this means is that we are seeing homes coming on the market, getting regular offers, and then selling in an average time frame. Another property may come onto our market and sell for a little more than others may have, but we're not seeing huge price gaps like we had been experiencing in the past.

Our current inventory is steady and sales prices are proportionate to active listing prices, so this points to a neutral market here in Naples. Because of this, some home sellers assume that they can price their homes very high to begin with, and then lower their asking prices if they're not receiving any good offers. 

Starting with a lofty listing price and then leveling out is a foolhardy pricing strategy because it will likely net you less money than pricing your home moderately and attractively, and it will also shrink your pool of buyers. When a buyer sees that your home is priced unreasonably, he/she will probably not even entertain the idea of looking at it again. You essentially price yourself off of the market if you price too steeply.

When you price your home effectively you make buyers compete over your property, and thereby raise your sales price through competition. A good price brings a steady pool of buyers that will be willing to pay a little extra for your property because they see great value in it. Overpricing the property typically results in fewer showings, a shrinking pool of buyers, and longer days on market, which produces lower offers. Create value and competition for your home through pricing!

What you really need to ask yourself is why an agent would tell you that you can sell your home for more money when comparable sales in the same area say otherwise? When you sell your property you need to be aware of what other properties are selling for in your area. Ultimately, it's the market that will determine the best listing price for your home. A realtor can tell you that they will be able to list your home at a higher price than other agents, but this does not mean that your home will be selling for that price, if at all.

When our team meets with you, we will show you all the active listings in the area, and any pending or recently closed sales.  This will aid us in understanding the nuances of the market landscape and how it is going to affect the sale of your home. We will not price your home blindly or make any uniformed decisions. We realize that your real estate transaction is of the utmost importance to you, and we will only make decisions with the highest degree of certainty that they will benefit you.

If you have any questions about how to attractively price your home so it will sell in our real estate market in Naples, then please give us a call and we would be glad to discuss our proven pricing strategy with you.

You can call us at (239) 595-8500 or email us at sold@thesaadteam.com