This time of year you’re either in 7th Heaven or purgatory with all the football games. There are about 38 bowl games alongside NFL teams fighting for playoff spots, so there’s no shortage of games to watch this year. It’s time for the SW Florida Real Estate market 2 Minute Drill.
With football on my mind it seemed appropriate to describe the SW Florida real estate market as entering the 2 minute drill. We’ve had a pretty good year, and it’s time to put the finishing touches on the year and set us up for the next game beginning in January.
SW Florida Real Estate Market 2 Minute Drill
The Southwest Florida real estate market is definitely in the hurry-up offense. As you can see from the single family inventory graph, Realtors have been hard at work bringing more properties to the market. We need them all as active inventory is down 13.2% from last year, and last year we were complaining about low inventory levels.
Next month we also have the Draft. About mid January the Draft begins whereby the best homes are selected. General Managers (Buyers) scour the market for the best properties. We need more sellers to declare for the Draft or by the end of March buyers will be selecting Mr. Insignificant. You’ve probably heard of Mr. Insignificant. This is the last person selected in the NFL draft. While it’s an honor to be selected, you know that you’ve been passed over by every other team and selected dead last.
If you’re a seller, you don’t want to be picked dead last. You want to move your draft position higher by properly valuing your home in the market.
If you’re a buyer, you don’t want to pick dead last. You’d like to trade-up and improve your draft position so you can select a nicer home for the money. You can do this by being pre-approved and turning your finance offer into a stronger offer. You can employ little tricks that look good to a seller. A good Realtor is like a capologist and can help you select the best property based upon the funds you have to work with. Sure you have a spending cap, just like NFL teams do. The goal is to select the best value at the position you’re drafting from. You must study the market or you’ll end up selecting the wrong property or paying more than you needed to. Essentially you could have had the same property in a later round when you make a mistake.
Likewise, that franchise prospect only comes around every so many years. When you see a property that fits your team’s needs, it pays to go grab it while the choice is yours. When you’re time is up, the next team is On the Clock and will snatch that pick up. You snooze, you lose.
Winning an NFL game takes an experienced coach with good players who knows how to manage the clock. The same is true in real estate. Whether you’re buying or selling, you need a great coach to help you through. The outcome can affect your life for years to come.
Always draft the best property you can, and no matter what, Always select the Best Coach. The Ellis Team has some of the Best coaches you can find, and we’ll guide you through the process. We look forward to watching you spike that ball in the end zone. Give us a call at 239-489-4042 or search for your dream home at Topagent.com
Good luck, and Happy House Hunting!
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RE/MAX Realty Group – Ellis Team
Fort Myers Real Estate Agent
7910 Summerlin Lakes Dr
Fort Myers, FL 33907