Selling Your Boca Raton Property is A Possibility

Should I Sell My Property During Uncertain Times?

With today’s lock downs and all the serious problems Americans are facing, you can still sell your Boca Raton property. Even amidst the dynamics playing out in the state of Florida, many people are looking for alternative ways of securing funding or re-organizing portfolios. Our offices are open for people who are looking to sell and buy during this unique time in history. Let’s explore some options for selling your Boca Raton property as a possibility.

Home Inquiries are on the Rise
While many of our ‘snowbirds’ frequent the area, living in South Florida for half the year, there may be some candidates willing to unload some assets. We are seeing an increase in home inquiries, where our clients are asking a lot of questions about the market the way it stands. As some homeowners will weigh out the possibility’s others are fine with keeping current status of their vacation and secondary homes. If you’ve been thinking about selling your property, there are some things to consider.

Sellers or Buyers Markets
“Is it a buyer or sellers’ market?” These are question realtors, they ask realtors regularly. The market is changing, but the upswing is there are still people buying homes in our area. We are seeing a lot of sellers dropping prices, making essential decisions for unloading homes. However, that doesn’t mean you have to take less. Our agents are experienced and have the knowledge and skills for negotiating a fair price for your home, regardless of Covid 19. With all the potential buyers being quarantined, we’re finding people are still shopping.

Shopping Online for a Home
With all the downtime, people aren’t wasting their hours at home just chilling on Netflix. We’re seeing a spike in online traffic for house hunters looking to buy within the next 6-months to a year. This is positive news for everyone because those searches turn into deals. You can’t expect everyone to buy but the numbers are saying people looking for real estate, beach properties and waterfront homes is increasing.

Should I Sell During a Pandemic?
Selling your home during a pandemic is a personal choice. One thing that will hold true is real estate. Even during uncertain times, you can rely on equity and your investment. However, just as we faced crisis after 911, we are more prepared to know when it's better sell. Your agent will give you the most accurate advice and will tell you what you’re facing as an outcome. Remember, there are plenty of buyers out there looking to get a good deal amidst the crisis. We can do an assessment of your luxury condo without even visiting the home.

How Do I Know What My Home is Worth?
If you’ve been teetering on whether to sell due to price, then you’ve landed on the right page. We can give you an idea based on comps and other information found on local home searches and appraisals with similar properties. We offer this as a service for our client to stay “In the know.”

My Neighbor Just Sold Their Home, Should I?
During times like we’re facing; people panic and are unsure of the outcomes we’ll face. But many of our residents are looking to sell for a fair price and not railroad over the dilemma. Yes, we are living in crucial times, but that doesn’t always mean you have to take less just to sell your home. Our experienced staff will keep you well informed but will also negotiate getting you more for your properties. We aren’t looking to be unethical; we’re looking to ensure you get the full value and are satisfaction with any offer on the table.

Is it Better to Refinance Rather than Sell?
With interest rates on an economic roller coaster, you can bet there are many homeowners looking to refinance rather than sell their Boca Raton properties. Only you can determine your destiny but looking into a lower rate is viable for some. However, your agent can tell you if it’s advisable to speak to your mortgage loan officer to ensure you’re getting the best rates possible. It’s important to note: Luxury markets differ a little because not everyone is financing a home. We have a big clientele who pay cash for properties where the interest rates aren’t on their priority list. If that’s the case, then it’s of personal preference to sell. However, homeowners who may have existing mortgages are encouraged to seek possibilities for best outcomes.

I Was Offered a Reverse Mortgage
Reverse mortgages are tricky. If you plan on selling your home, your equity is more feasible to buy a new property. Talk to your agent to learn more about how you can maximize your investment and still come out ahead.

I Want to Sell My Parent’s Estate
We face some individuals with selling a parent’s estate during these trying times. If that’s your case and your family member’s home is in the luxury market, your best bet is to contact an agent with strong relationships in this area. They will market and spread the word among their peers and contacts, letting them know about a potential investment. This will inevitably help because open houses aren’t popular at the present time. Speak to your realtor to arrange a meeting to discuss how they will place more buyers in your path, selling Mom or Dad’s home to viable buyers.

With so many issues we’re facing, we all need to get creative for meeting our goals. Boca Raton Premier Properties is your #1 choice for managing your luxury real estate portfolio.  Selling your Boca Raton property is a possibility even during these difficult times. We’re here to assist you in any way we can as a leading real estate broker for our community. Don’t hesitate to call or arrange a consultation to find out if now is the right time to sell.