Every day I am asked, “how is the Real Estate market doing…it must be dead?” It is asked as a question, but I hear it more and more like a statement. However, I always answer and say truthfully that the market is "Great" for us, business is "Great." The truth is it is "Great." This market is making us not only work harder but truthfully work better. It is a market of quality not quantity. What I mean by that is that if you have a property that you price right, stage right and market right – the Buyers out there will see the value of the deal and jump right on it…
Case in Point: Balmoral, Bal Harbour
We recently listed (just 3 days ago) a 2 bedroom with 2 bathroom, 1388sf (currently set up as a one bed convertible) with oceanview from every window at The Balmoral, in Bal Harbour, FL. The Balmoral is a large and elegant building comprising of 423 residences + cabanas. The building has many amenities including restaurant, gym, concierge, tennis, card rooms, business center and more. A few years ago it underwent a huge assessment and renovation and when you walk in you feel the elegance, richness and high level of service the building is famous for.
We met with the Sellers and their attorney (it is an estate sale) and discussed the pricing strategy for the unit. We agreed to price it correctly from the beginning to achieve a high volume of traffic and hopefully multiple offers. Below are a couple of pictures of the unit and views...
Case in Point: Balmoral, Bal Harbour
We recently listed (just 3 days ago) a 2 bedroom with 2 bathroom, 1388sf (currently set up as a one bed convertible) with oceanview from every window at The Balmoral, in Bal Harbour, FL. The Balmoral is a large and elegant building comprising of 423 residences + cabanas. The building has many amenities including restaurant, gym, concierge, tennis, card rooms, business center and more. A few years ago it underwent a huge assessment and renovation and when you walk in you feel the elegance, richness and high level of service the building is famous for.
We met with the Sellers and their attorney (it is an estate sale) and discussed the pricing strategy for the unit. We agreed to price it correctly from the beginning to achieve a high volume of traffic and hopefully multiple offers. Below are a couple of pictures of the unit and views...
I am pleased to say after three days on the market we have had over 6 visits scheduled to the unit and two offers presented. I am confident through our correct pricing strategy and constant marketing approach we should have this property under contract within a week…Now again ask me, “how is the Real Estate market doing” and again I will answer, “GREAT!!!”.
By the way, if you want to check this unit out call us at 786-333-6200 to schedule an appointment.
By the way, if you want to check this unit out call us at 786-333-6200 to schedule an appointment.
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