Don’t panic if your home hasn’t sold yet.  There’s still time.  Besides, season isn’t the only time homes sell in SW Florida.  Years ago, home sales peaked in the summer.  The last few years they’ve been higher in season and just after season as it takes a while to close a home once it goes pending.

Don’t Panic if Your Home Hasn’t Sold Yet

As you can see, closings tail off after June but there are still sales.  There are more eyeballs here in season so there is more potential however some are just lookers exploring opportunities for years in the future.  If you have a home you’d like to sell and it’s not selling, we offer some tips on getting it sold now.

  1. Hire the best Realtor you can find.  You want one with pro-active marketing.  One that advertises where the buyers are.  Targeted online advertising is a must these days.  If the agent you interview doesn’t understand this, keep shopping.
  2. Stage your home. No, you don’t have to hire a professional stager.  You do have to follow some simple guidelines.  Consulting with a Realtor or stager knowledgeable in bringing a home to market so it shows its best will help.
  3. Professional photos are a must. With so many buyers shopping online, having bad photos will simply turn them off.  Hire an agent that either hires a photographer or one that takes great photos and has a graphics design department touch up each photo.
  4. Fix repair items. Buyers imagine problems ten times worse than they really are.  Fixing a few simple items will go a long way to getting that contract.
  5. Make home easily available to show.  Nothing turns off a busy Realtor more than making your home hard to show.  Things like 24 or 48 hour notice reduce showings significantly.  Place your home on lockbox and allow your Realtor easy access and watch your showings multiply.
  6. Curb Appeal-Look at your home and see how it compares to the neighborhood. Does your home need paint, landscaping, or de-cluttering on the outside?  If so, an investment here can increase showings.
  7. Talk to your neighbors. If a neighbor has an un-kept yard or a boat in the yard, chances are it will affect the value of your home.  Sometimes working out a deal with the neighbor can pay big dividends.  If that doesn’t work, consider code-enforcement or the HOA.  No buyer wants to come in and inherit a mess of a neighbor.
  8. Price it Right. Don’t price it by what you need out of it. Price it as if you were a buyer.  Would you buy your property at your price?  If you over-price your home, you’re essentially buying back your property for the price you’re offering.  Being overzealous leads to you keeping your home because you value it more than the public does.  If that’s the case, maybe you’re not ready to move yet emotionally or financially.  If you really want to move, you can’t love your home more than the market does.  Price it at today’s market value and move on to your next home.
  9. Be gone for showings.  Nothing hampers a potential home sale more than a seller sticking around trying to help.  Buyers extract motivations and information from sellers that can only hurt.  As a seller, you don’t know what’s important to that buyer and saying the wrong thing can lose the sale.  Be gone if possible, or be invisible if not.  Let your Realtor answer any questions. If you don’t trust your Realtor to do this, then you’ve hired the wrong Realtor.  If no Realtor will ever be as good as you, then the Realtor accepted the wrong client.

You can always search for your next home at www.LeeCountyOnline.com  It’s updated every 5 minutes and it has the best photos available from MLS.  If you’d like to talk to experienced agents who know how to get homes sold, always call the Ellis Team at 239-489-4042.  We’d love to help you make your next move!

Ellis Team Open Houses

Gorgeous Pool and Spa

Open Sunday 1-4 PM

15830 Beachcomber Ave  $360,000

 

Don't panic of your home hasn't sold yet
4 Bed 3 Bath Pool Home on Lake

Reflection Lakes

13795 Bald Cypress Cir    $420,000

 

Pool Home on Golf Course

Open Sunday 1-4 PM

Olde Hickory

14381 Hickory Fairway Ct    $450,000

 

Pool Home Close to Beaches

Open Sunday 1-4 PM

Iona Area

15271 Thornton Rd   $290,000

 

 

Everybody knows fish tend to swim in schools.  The same is true with buyers.  93% of buyers search online, so knowing where they are and how to reach them is integral today. Targeted marketing attracts schools of online buyers.

This past month we’ve held some open houses.  We had one 3 weeks ago and 45 people showed up.  Last week we held one and 40 people showed up.  The lender who agreed to sit with us and help pre-qualify buyers who might need assistance was amazed.  He said he’d never seen anything like it.  He went to 6 open houses last weekend and none had that kind of traffic but ours.

Targeted Marketing Attracts Schools of Online Buyers
Last Week’s Open House Ad Online

We’ve developed a particular set of skills that finds specific buyers and brings them to your door.  We are targeting buyers, and they love it.  We asked each buyer who came through how they found us.  Many said the open house popped up on their phone, while others said they saw it online.  Were they mad they saw one of our ads?  Heck no, they were glad, and they acted and showed up.

In any advertising, you must target the right people, with the right message, at the right time.  If you fail at any of the three, you’re missing opportunities.  It’s not about how much you spend.  While it is true we spend more than other agents, spending alone won’t bring buyers.

There is blanket advertising and targeted advertising.  Advertising in the Super Bowl might cost $5 Million and blanket the US.  Sure it would attract attention for about a minute.  Targeted advertising hits the right audience, when they’re ready to purchase, with the right message.

First you must have a great page to send them to.  It must have compelling content, and either a call to action or a benefit to going there.  You can see from last week’s online ad there is compelling content with photos if you’re a buyer looking for such a home.  Our open houses generated 1,355 views of our two properties.

Targeted Marketing Attracts Schools of Online Buyers

Secondly, we chose buyers looking to purchase with the exact interests of each home.  We separated the buyers into different audiences so we could tailor each creative ad to each set of buyers.  We ran ads to 5 separate groups, and each group performed well.   Our Click-thru rate was over 15%.  This means that over 15% of people that saw the ad clicked on the ad.  The ad itself was engaging and was worth customers spending their time on.  The industry average is less than 2%.

Targeted Marketing Attracts Schools of Online Buyers Ad Performance
Ad Performance

Targeting worked.  I’ve heard people say they don’t like targeting.  We also put up open house signs on the road.  Those signs target people driving by.  Newspaper ads target readers for products and services.  Online ads are no different.  In fact, most people like it better because hey get to see ads for things they like or are interested in.

This is one reason why For Sale By Owners stand little chance of selling their own home.  They’re not reaching the whole market, and when you limit your market you limit the price you’ll get.  Imagine selling an item at an online auction.  If you have one bidder, you’ll get a certain amount.  What if you had 1,000 bidders?  Do you think you’d get a better price?

All Realtors are not the same.  It makes a difference which Realtor you hire.  We use both blanket marketing like newspaper, video, postcards, etc as well as online targeted ads on Google, Bing, Yahoo, Facebook, and more.  We corner the market.  Hiring the wrong Realtor could cost you thousands!

Always call the Ellis Team at Keller Williams 239-489-4042 to get your home sold fast and for top dollar, or visit www.LeeCountyOnline.com

By the way, we have two open houses this weekend in Reflection Lakes.  See our ad in News Press Homefinder, or find them at www.Facebook.com/Ellisteam

Good luck and Happy Home Selling!

Ellis Team Open Houses

Open Sunday 1-4 PM

Reflection Lakes Condo

13971 Lake Mahogany Dr #2623

Reflection Lakes  $215,000

Affordable Living in SW Florida

 

Reflection Lakes Pool Home

Open Sunday 1-4 PM

13624 Gulf Breeze St   Pool Home  $275,000

Brought to you by your Reflection Lakes Experts

2017 SW Florida State of the Market Report

From time to time we go on listing appointments whereby the seller doesn’t like their current market value, so they decide to wait until the market goes up to sell.  Waiting for market increase could cost you money.

3 Reasons Sellers Overprice Homes

We know why sellers overprice their home. It’s always one of three reasons.  Need, greed, or ego.  We all know the market doesn’t care what a seller needs to sell for, nor does it care how much a seller would like to get for the home.  This brings us to ego.  Some sellers want to sell at a certain price because they don’t want to lose money.  You might think this is greed, but it’s actually ego.  It’s an ego thing to hold out for break-even or better.  It feels good to tell people, or yourself, that you didn’t lose money.  If anything, you made money.

Sometimes ego can get in the way of a sound financial decision.  First, you’re not guaranteed to make money on every deal, and it’s not your fault.  The market can change, the economy can change, and demographics can change.  All are beyond your control.  You win some, you lose some.  And nobody else really cares how you did except yourself.

So if we’re into convincing ourselves what the best decision is, let’s look at the whole picture.  I took a real-life scenario and broke it down.  At the end, you can answer what the best decision is.

Waiting For Market Increase Could Cost You Money

Seller has a home that’s worth $400,000.  He really wants to sell for $420,000.  He knows it’s 5% above the market and home won’t appraise, so he figures he’s better off waiting until next year to get his money.  Is he better off though?

Waiting For Market Increase Could Cost You Money

The seller’s home is 12 years old.  At some point it will need a new roof, air conditioner, water heater, pool pump, etc.  This seller owes $350,000.  The principal and interest payment is $1,670.95/mo.  Additionally, they pay $4,000/yr in taxes, $2,000/yr in homeowners insurance, $500/yr flood insurance, and $3,600 yr in HOA fees.

The seller is waiting until the home goes up $20,000 in value.  Let’s say it takes a year.  In one year’s time this seller just incurred $30,151 in expenses. This does not include the yard, utilities, budgeted maintenance for things like a roof, AC, pool pump, paint, water heater, etc.  If anything breaks down it’s in addition to the $30,151.  If the seller waits a year, he actually loses $10,151 waiting for that extra $20,000.  Sure, his mortgage balance might be slightly lower than next year, but his cost of sale will be higher too (doc stamps, title insurance, etc. )

And there is no guarantee this home will be worth more next year.  In that case it would really cost the seller.  There is one more cost to think about as well.

Unless the seller already owns their next home they have to replace the current one.  If their home goes up 5%, it’s logical to assume their next home may go up about 5% too.  So did they really save anything?

And even if they already own their next home, did paying taxes on two properties and all the costs save them?  Definitely not.  So next time you’re forced with a decision on price, ask yourself this question.  Is my motivation based upon need, greed, or ego?  If the answer is yes to any one of these, calculate the cost of keeping your home versus the expected gain and evaluate.  Often the best answer will be to sell now, in which case you’ll have to decide what your bigger need is, a sound financial decision or a happy ego.

Talk to Your Ego

An ego doesn’t know any better.  It’s based upon the information you give it.  If you tell your ego you’ve come to a logical decision based upon facts, your ego will surprise you and reward you.

If you’d like to talk to us about your options, we’re here to help.  239-489-4042  If you’d like to surf for your next home, or get an idea of what nearby homes are selling for try www.LeeCountyOnline.com

Good luck and Happy House Hunting!  Always call the Ellis Team!

Ellis Team Weekend Open Houses

Golfer’s Dream – Low Golf Fees

Open Sunday 1-4 PM

14381 Hickory Fairway Ct

Olde Hickory   $465,000

4 Bed 3 Bath- 3 Car Garage on Lake  2,647 SQ Ft

 

Pool Home Close to Fort Myers Beach

Open Sunday 1-4 PM

15271 Thornton Rd

Iona Area  $300,000

3 Bed, 2 Bath- 2 Car Garage Pool Home

Search SW Florida Luxury Homes

 

 

 

Please join us for our Keller Williams Paint the Town Red Open House Extravaganza where we’ll have 35 open houses in one day.

Keller Williams Paint the Town Red Open House Extravaganza

Saturday October 22  11am-3pm

Please join us as Keller Williams paints the town red with 35 open houses in one day.

$310,000 * 16585 Wellington Lakes Cir, Ft. Myers, FL 33908

$500,000 * 6180 Winkler Rd, Ft. Myers, FL 33908

$240,000 * 11889 Tulio Way #4203, Ft. Myers, FL 33919

$1,500,000 * 1135 Lorraine Ct, Cape Coral, FL 33993

$225,000 * 3226 SW 8 th Ct, Cape Coral, FL 33914

$259,000 * 8441 Lemon Rd, Ft. Myers, FL 33967

$239,000 * 11736 Izarra Way #7806, Ft. Myers, FL 33912

$725,000 * 2537 SW 38 th St, Cape Coral, FL 33914

$509,000 * 6260 Plumosa Ave, Ft. Myers, FL 33908

$197,500 * 1503 McGregor Park Cir, Ft. Myers, FL 33908

$230,000 * 13633 Admiral Ct, Ft. Myers, FL 33912

$387,000 * 9344 Independence Way, Ft. Myers, FL 33913

$459,000 * 9072 Prosperity Way, Ft. Myers, FL 33913

$279,000 * 10006 Sky View Way #208, Ft. Myers, FL 33913

$365,000 * 12890 Timber Ridge Dr, Ft. Myers, FL 33913

$449,000 * 11207 Sand Pine Ct, Ft. Myers, FL 33913

$123,900 * 1429 SW 48 th Ter #6, Cape Coral, FL 33914

$594,900 * 12570 Villagio Way, Ft. Myers, FL 33912

$874,000 * 15690 Catalpa Cove Dr, Ft. Myers, FL 33908

$439,999 * 1121 SW 51 st Ter, Cape Coral, FL 33914

$313,000 * 5709 Sandpiper Pl, Ft. Myers, FL 33919

$244,900 * 9370 Old Hickory Cir, Ft. Myers, FL 33912

$315,000 * 12634 Shannondale Dr, Ft. Myers, FL 33913

$750,000 * 5615 Natoma Dr, Ft. Myers, FL 33919

$399,000 * 11180 Sand Pine Ct, Ft. Myers, FL 33913

$789,000 * 1832 SE 28 th St, Cape Coral, FL 33904

$580,000 * 12010 Honeysuckle Rd, Ft. Myers, FL 33966

$272,000 * 15620 Laguna Hills Dr, Ft. Myers, FL 33908

$229,000 * 1037 Wilshire, Ft. Myers, FL 33919

$545,000 * 12737 Gladstone, Ft. Myers, FL 33913

$187,900 * 13402 2 nd St, Ft. Myers, FL 33905

$459,000 * 1206 Shadow Ln, Ft. Myers, FL 33901

$419,000 * 4403 Chiquita Blvd S, Cape Coral, FL 33914

$419,900 * 5479 Beaujolais Ln, Ft. Myers, FL 33919

$399,900 * 10100 Belcrest Blvd, Ft. Myers, FL 33913

Call us at 239-489-4042 if you have any questions about any of these SW Florida properties.

Keller Williams Paint the Town Red Open House Extravaganza

 

 

 

Hopefully everyone had a great Labor Day weekend.  The Ellis Team household celebrated with friends and family with a cookout and football party.  Good times were definitely had by all, and that’s the way it should be.  Beating the post Labor Day real estate stall isn’t rocket science, but more on that after we tell you about the stall.

I started cooking the day before.  I made all the sauces, put the rub on the meat, and eventually placed the pork on the smoker at midnight.  The plan was to smoke the meat at 225 degrees for about 17 hours.  The meat must reach a certain temperature, but inevitably the temperature gains stall out at about 160 degrees for a period of 5 hours or so.  This frustrates many who are not accustomed to the stall.

The stall is that period where temperature gains cease for a long while.  This is because at 160 degrees the meat begins to sweat and cool itself.  Juice go from the center to the edges during this time period.  One way to beat the stall is to wrap meat in aluminum foil at 160 degrees and keep the heat on.  By doing so you can retain some of the moisture and cut the heating time down.

Beating the Post Labor Day Real Estate Stall

So you might ask how does all this relate to real estate?  Each year after September the SW Florida real estate market reaches a stall.  If you know it’s coming there are things you can do to shorten the time-frame of the stall.  You must power through it as buyers and sellers are counting on you.

Beating the Post Labor Day Real Estate Stall

Knowing it’s coming is half the battle.  The other half is preparation.  Just as most of the work to cook the meat was done the day before, so it is true with the real estate market.

We continue to list and sell properties.  In fact, we’re cranking some sales now at a time when county-wide sales are down.  We don’t stop advertising, and we don’t stop prospecting for buyers for our listings.

In fact, much of the work we’ve done the past few months helps us with sales during the typical “Stall” time.  Some Realtors take off in the slow months, but this is the time to put the real work in.  Championships are built in the off season.  This was opening weekend and you can tell which teams put in the work as they were the most prepared for week 1.

When we list a home in September it’s very possible we already have the buyer we obtained in July or August.  We have a database of thousands of buyers we’ve worked hard to build up.  Some are buying today, some are buying tomorrow, and some next month.  We don’t control their time frame, we only control our efforts to obtain buyers for our listings.

Often times sellers will ask us if we have a buyer for their home.  Quite often the answer is yes.  When we take a listing we bring it back to our team of agents who cross-check our database to see if we’ve got someone for that home.  Perhaps we have someone flying in on October 2nd who matches perfectly.  Perhaps we have someone now.

In any event, we market the home too, because even though we may have 3 buyers for our listing the market may have one ready, willing, and able to buy it today.  And you never know which buyer will pay the highest price.

Don’t Sweat the Stall

It’s the hard work we put in year-round that enables us to sell homes every month of the year.  So we don’t worry too much about the “Stall”.  We advise our clients on what the market is doing, and if we’re doing our job at the highest level, perhaps we can shorten our client’s time-frame and power through it for them.

If you’ve got a home to sell, we should probably talk.  It’s possible we have a buyer for it, and either way our marketing attracts buyers.  If you’re a buyer, we’ve got some great new listings coming to the market in the next few weeks.  You can search at www.LeeCountyOnline.com or call us at 239-489-4042

We look forward to working with you!  Good luck, and Happy House Hunting!

Join us for Two Great Open Houses

Reflection Lakes Open House
Reflection Lakes 3 Bedroom 2 Bath $215,000

13971 Lake Mahogany Blvd Unit 2623

Open Sunday 1-4 PM

Gate 4 Reflection Lakes

 

 

 

 

14154 Danpark Loop Fort Myers, FL
Open House Daniel’s Park

14154 Danpark Loop

Open Sunday 1-4 PM

Daniel’s Park

Affordable Living in Great Neighborhood

 

Watch the Future of Real Estate September 2016

The problem with real estate agents is they are not all the same and it’s hard to tell the difference without really interviewing them. Agents come with varying experience and from differing backgrounds. There is no requirement for a college degree in Florida and it’s one of the few careers you can step into without any training. So what’s a consumer to do?

Problem With Real Estate Agents Find out what your home is worth

The agent you hire does make a difference. Agents with vast experience and marketing can net sellers ten’s of thousands more at the closing table than agents with poor track records. Being locked into a listing agreement with the wrong agent can seem like a lifetime if there is no communication and little activity for your home.

On the buying side, having an agent that works with you is invaluable. This is one reason most buyers do not buy For Sale By Owners. They want their agent advising them on price, inspections, zoning, schools, neighborhoods, etc. If a buyer is going to work directly with an owner they want a huge deal, because they feel like they’re taking a huge risk. The owner knows the home and neighborhood but the buyer doesn’t, so they feel at a disadvantage.

One of the reasons a home owner might sell their own is to save the commission, but the buyer and the seller can’t both save the commission, so it rarely works. Even if they come together on price, the deal rarely closes due to other issues they’re not equipped to handle, like inspections, appraisals, financing, HOA rules, etc.

I’ve seen two separate studies that show For Sale By Owners sell on average for 16% less with than an agent. This is not surprising. An owner desires to sell on their own only until they see the value of paying someone else to do it. When that occurs, it’s a no-brainer.

After that, which agent is the best? Only 4% of all buyers can actually buy right now. Many buyers have to sell something first, so somebody has to solve that issue before they become an actual buyer today. Other buyers don’t qualify for financing right now.

The answer is you need an agent that exposes your home to 100% of the market and can help with these facts about buyers. Imagine if you had an item on e-bay to sell. If there was just one buyer bidding on the item, how much would it sell for? Or, imagine you had 1,000 buyers bidding on that same item. Now how much would it sell for? The answer is, much more than just one buyer.

And this is the difference between finding a buyer and 100% exposure. Since we know only 4% of all lookers can actually buy, we need as much exposure as possible. Not all agents advertise the same. Some agents don’t advertise at all. They employ the 3 P’s. Put a sign up, Place it in MLS, and Pray someone else sells it.

The MLS doesn’t sell homes. Great agents do. If the MLS sold homes, all homes in MLS would sell, and that just doesn’t happen. Sellers need an agent who knows the market, communicates well, advertises extensively, studies changes in the market, and will tell the seller what they need to hear, not what they want to hear.

The market rarely stays steady. It changes every year, every month, and by the week. Buyers need an agent that is familiar with financing, knows the market, and will show them homes that meet their criteria. The bottom line is buyers and sellers both need agents that can listen, communicate, negotiate, and help formulate a plan to accomplish a goal. The agent should have experience and wisdom, or access to it at all times. The Ellis Team at Keller Williams has all of this.

Call us at 239-489-4042 if you’re in the market to buy or sell. If you’d like to get an idea of what your home might sell for, check out www.SWFLhomevalues.com If you’re looking to purchase, check out www.LeeCountyOnline.com

Good luck and Happy House Hunting!

Open House Saturday and Sunday 1-4 PM

Reflection Lakes Open House
Reflection Lakes 4 Bedroom + Den Pool Home on Lake

13925 Bald Cypress Cir

4 Bedrooms + Den Pool Home Lakefront

 

Buyers and sellers may want to tune in because changes are coming to the lending process in September and it will affect home buyers. Sellers tend to say that’s not my problem, but it will be if your buyer no longer qualifies for the loan.

Credit Report Changes Coming

Credit Report Changes Coming

Certain loan programs are going to what they call Trended Credit Reports. Trended credit data is different than a FICO score which captures a particular point in time. Trended data looks at the trend and whether a borrower’s creditworthiness is improving or declining over time.

A buyer may have an excellent FICO score but if their trend is negative it could affect their ability to finance that much or the pricing on the loan, which also can affect the total amount financed. Many lenders are up in arms over this change, but it’s not necessarily a bad thing.

For instance, let’s say you charge $1,500/mo on your credit card for everything from groceries, repairs, phone bill, etc. You pay off that $1,500/mo so you have a zero balance each month. Under the current system they see an average balance of $1,500 mo on your credit report. You choose to collect the points on your credit card instead of writing checks but the money remains the same. Under trended credit reporting it just might be that you’re not penalized for charging to your credit card instead of a bunch of online banking payments.

We believe the new reporting will focus on credit utilization scores among other things and what that overall trend looks like, although we don’t know for sure. It’s important to note that this is a FNMA decision. This shouldn’t affect FHA loans.

We often tell buyers, don’t go out and buy a new car just before you close on your home. Buyers get the loan approval to buy their home and think everything is a done deal. What they don’t realize is lenders go back and pull credit again just before the closing and if there is a change they can deny the loan. I’ve seen it happen more times that I care to count. I know agents out there counsel their buyers but for some reason they forget that point.

If you’re considering buying it really helps to talk to a lender first. Sellers won’t entertain your offer unless a pre-approval letter accompanies your offer anyway. You can save a lot of time by knowing what the lender requires. Quite often a buyer needs to just have one thing changed in their financial situation and they’re good to go. Doing it upfront can save your deal and help you to shop in the correct price range.

If you’d like to speak to a lender, give us a call. 239-489-4042 We can recommend some good ones for you and really speed up the process. It doesn’t cost any money to talk to a lender upfront, and it can save you money on inspections and appraisals by knowing the facts upfront. You’ll save time and money.

Buyers are happy to find out they qualify for more now because rates have dropped. You might be surprised at what you can afford, but don’t go buy that new car until after you get the home.

If you’d like to search for your perfect home, go to www.LeeCountyOnline.com It has all the homes and the database is updated every 5 minutes, so you’ll beat out other buyers to hot new listings.

If you have a property to sell, you can call us too. 239-489-4042 Find out why our listings sell fast and for top dollar.

Good luck and Happy House Hunting!

Open House Extravaganza This Weekend

Open Sat 1-4 PM

Bell Tower Park Courtyard Home
Open Saturday 1-4 PM

5693 Kensington Loop

$260,000

 

 

 

 

Open Sunday 1-4 PM

Viridian Pool Home on Lake
Open Sunday 1-4 PM

12407 Arbor View Dr

$485,000

 

Now it really gets fun. We’ve been doing a series of articles on what you can buy at various price points, and today we answer the question, what does $ 1 Million buy in SW Florida real estate market?

We concentrated our search on single family homes but there are some nice condos available in SW Florida in all these prices ranges.  None of the listings presented here today are our listings.  In fact, in all four articles so far, none have been.  We’ve been trying to educate readers on what you can buy, so we’ve hand selected some interesting properties.

What Does $ 1 Million Buy in SW Florida Real Estate Market?

1 Million Buy in SW Florida Real Estate Market
Fort Myers Million Dollar Home

In Fort Myers we found a home listed for just under $1 Million.  It is a large 2 story home with over 4,400 square feet of living area.  It is located between McGregor and the River and this pool just really caught our eye.  There are so many great homes located in this area it was hard to choose.  This is a fairly newer home built in 2007 so it was unique.

1 Million Buy in SW Florida Real Estate Market St James City
St James City Million Dollar Home

We found a home in St James City listed for just under $1 Million as well.  It has 3 bedrooms, 2 ½ baths and has gulf access with a boat dock right out your back door.  You can be fishing some of the world’s best fishing spots in minutes.  This home is bay front and has 2 boat lifts.

1 Million Buy in SW Florida Real Estate Market Sanibel Island
Sanibel Island Million Dollar Home

Next we head over to Sanibel Island, home to some of the world’s best shelling.  This home is a 4 bedroom, 2 bath home and has excellent rental income.  You can enjoy this home for yourself on gorgeous Sanibel Island or you can rent it out and receive close to $70,000 income until you’re ready to call it home.  Or you could do both, renting it out and vacationing here.  It is nicely decorated and is furnished.

1 Million Buy in SW Florida Real Estate Market Cape Coral
Cape Coral Million Dollar View

Lastly we found a home in Cape Coral priced just over $1 Million by a few thousand dollars.  Imagine heading out on your boat in this gulf access waterfront home and when you come back after a great day of fishing or boating you can jump right into your gorgeous pool.  That’s living the good life and what SW Florida is all about.  This home features 4 bedrooms plus a den and 3 full baths.  It is over 3,000 square feet of living area.  If you’d like to rent this home you can for $8,000- $10,000 per month.

They say SW Florida sells itself, and it does.  Once people vacation or visit SW Florida they’re hooked, but where do you go to find more information and snoop around all the homes for sale?

Simply go to www.LeeCountyOnline.com and you can search like a Realtor.  The database includes all homes for sale in the MLS and is updated every 5 minutes, so you’ll know about price changes or new listings hitting the market before other buyers.  The key to scoring a great deal is to work with an agent who is knowledgeable about the market and having access to the data.

We provide both for you.  If you have a property to sell, we can help with that too.  Many buyers must sell a property before they can purchase another.  If your property is located in another city, we can find you the best agent in that city.

You can always call us at 239-489-4042 if you’d like to speak with an experienced agent, or search away on our website until you find something that interests you.  Our team is here to help you wherever you are in the process, and on your terms.  Give us a call, you’ll be glad you did.

 

The Ellis Team at Keller Williams Fort Myers & The Islands is hiring agents– Read more and see if you have what it takes.

A few weeks ago we wrote an article about what $250,000 buys in the SW Florida real estate market. Today we answer the question,

What does $500,000 Buy in Lee County Real Estate Market?

What Does 500,000 Buy in Lee County Real Estate Market
Inventory Active Listings

We use the MLS to do our search but you can do the same and search like a Realtor at www.LeeCountyOnline.com and find the same homes.

What does 500,000 buy in Lee County real estate market Carillon Woods
Carillon Woods Pool Home

In Fort Myers we found a home in Carillon Woods listed for $498,000 that is 3 bedrooms, 3 1/2 baths and has a nice pool. The home is nearly 3,200 sq ft of living area and is in a gated community with sidewalks, street lights, tennis courts and playground. Carillon Woods is a very popular neighborhood in this price range.

What Does 500,000 Buy in Lee County Real Estate Market Cape Coral waterfront home
Cape Coral Waterfront Pool Home

In SW Cape Coral we found a gulf access waterfront pool home with 3 bedrooms, 2 ½ baths and almost 2,500 sq ft living area on a 120 ft canal for $500,000. It has a 3 car garage and is only a few years old. We especially like the infinity pool on this home.

what does 500,000 buy in lee county real estate Fort Myers Beach
Fort Myers Beach waterfront home

At Fort Myers Beach we found a home that is waterfront, completely furnished, and located on a large lot at just under $500,000. It is 3 bedrooms, 2 baths and is located mid-island close to shopping, supermarkets, entertainment, and marina.

Grandezza pool home Estero Florida
Grandezza Pool Home Estero

In Estero we located a 3 bedroom 2 bath home in Grandezza with 2,190 sq ft living area and is a former model for just under $500,000. It has a gorgeous solar heated pool and heated spa and overlooks a preserve.

Again, none of the listings I this article are ours. We just wanted to give you an overview of some of the kinds of things you can find in this price range. Of course, you can find waterfront condos, homes on golf courses, and so much more. Lee County is fairly large and has lots to offer with varying neighborhoods, locations, and amenities.

Because our area offers so many different types of boating, golf communities, and neighborhoods with lakes, preserves, and varying lifestyles it pays to sit down with an agent that’s familiar with the entire county and can listen to your wants and desires.

At the Ellis Team we feel like we don’t have to sell anything. Rather, we listen to your needs and match you with properties that meet what you’re looking for. Some agents specialize in one neighborhood or one amenity and they struggle when people ask about other areas. Many times that buyer will come back to the original community they called on, but they want an agent who can explain the differences first so they can see if that’s really what they’re looking for. If you can’t be flexible and in curiosity when working with a buyer, chances are you’ll just lose them to another agent who can.

That’s one reason why we provide all the listings on our website along with so much community data and market reports. We want buyers to feel comfortable with their purchase. It’s a big decision and some buyers are paralyzed because there is so much data and they’re afraid to make a mistake. This is where a good team can assist you. We marry the data with personal, professional advice to help you attain your dreams, and that’s all a buyer is trying to do.

We take the hassle out of the buying process. If you’re a seller, you should talk to us too as we work with a lot of buyers, and chances are we may have a buyer looking for a property just like yours. If not, our marketing will surely attract attention for your home.

You can always call us at 239-489-4042 or search away at www.LeeCountyOnline.com

Good luck and Happy House Hunting!

Viridian pool home South Fort Myers

Pool home in Viridian in South Fort Myers- 4 Bedrooms 4 Baths

The Ellis Team has several new listings coming to the market.  We have a 4 bedroom lakefront home coming for $450,000 in Reflection Lakes.  We have a gorgeous home in San Carlos Park on a 3 lot site coming this upcoming week for $215,000.  We also have 2 units at Bella Casa coming this week as well, and don’t forget the 2 new listings we just listed at River Hall for $275,000 and $215,000

We’ll have a few more listings coming as well as soon as we can get them ready.  If you’re a buyer, call us as we may be listing exactly what you’re looking for.

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A lot of people ask what they can buy at certain price ranges in the SW Florida real estate market, so today we thought we’d pick a price range and report on that.  We answer the question, “What does $250,000 buy in Lee County real estate market?”

We logged into MLS but you can do the same at www.LeeCountyOnline.com and search like Realtors do and find the same information.

What Does $250,000 Buy in Lee County Real Estate Market MLS Search
Search Results on LeeCountyOnline.com

What Does $250,000 Buy in Lee County Real Estate Market?

In Cape Coral we spotted a brand new home in SW Cape Coral.  It is listed for $245,900 and has 2,180 sq ft. It has 5 bedrooms 3 baths and is on an oversized lot.

What Does $250,000 Buy in Lee County Real Estate Market Cape Coral
Cape Coral Home Under $250,000

We then decided to see if we could find any waterfront homes with gulf access in this price range.  We found 6. We found a home with 1,588 sq ft and a 10,000 lb boat lift with a spa in SW Cape Coral with gulf access. We found another gulf access home with boat lift and a pool. It has 1,436 sq ft and a single car garage.  It is 10 minutes to the river by boat.

Lee County Real Estate Market Gulf Access Waterfront Home Cape Coral
Cape Coral Gulf Access Waterfront Home

Next we decided to look at Fort Myers Beach and see what’s available for $250k.  We did find a small single family home for $219,000. It’s a 1 bedroom, 1 bath home with 630 sq ft.  but hey, it’s at the beach.  When we searched for condos we found 15 in that price range.  Some ranged from small 1 bedroom condos at Pink Shell with great investment potential to larger 1 bedroom units along the beach with greater size.  Manufactured housing opened up 7 more homes at Fort Myers Beach and many were waterfront.

In Fort Myers we found 69 single family homes listed up to $250,000. For instance, we found a 3 bedroom, 2 bath lakefront home in Botanica Lakes with 1,782 sq ft for $240,500.  It was built in 2012

What Does $250,000 Buy in Lee County Real Estate Market? Fort Myers Home Botanica Lakes Under $250,000
Fort Myers Home Botanica Lakes

As you go further south into Estero and Bonita the pickings get a little slimmer.  We found 33 single family homes available.  We found a cute 2 bedroom + den in the Villages at Country Creek for $249,900.  It has 1,382 sq ft, a 2 car garage, and has been completely updated with stainless steel appliances.

250000 Buy Lee County Real Estate Market Estero Home
Estero Home Villages at Country Creek

None of the listings shown today are our listings.  We just wanted to show you what your money will buy at this price range and show you how you can search and find these kinds of properties.

Our website allows you to see the home on the map so you can see exactly where it is and what it is close to, like shopping or water.  You can view all the photos of each home in the photo gallery. You can setup a showing request when you see something you like, or find out how much it will cost with the mortgage calculator.

You can also add homes to your favorites to easily find them again or check on their status, or save your search and have the system email you when new homes enter the market or when an owner changes their price.

You can search all price ranges and all areas, not just the $250k example we did today.  As Realtors we get to see a lot of homes each week.  If you’ve been searching awhile and having a hard time making sense of it all, you’re not alone.

Sometimes it pays just to sit down with a good agent who listens to what you’re looking for and they can point you in the right direction for you.  Ellis Team agents listen and are experts at finding what you want.  Give us a call at 239-489-4042 and we’ll be happy to sit down and discuss the market and homes that may interest you.

If you’re not ready to meet just yet, that’s fine too.  Simply search away at www.LeeCountyOnline.com and let us know when something catches your eye.  You might not be ready today, but someday you will be, and this site is perfect for those who want to see what’s out there and what is possible.

Good luck and Happy House Hunting!

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