Perdido Key AL and Perdido Key FL Florida real estate listings, home buying, selling and relocation information

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Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Q	During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
A	The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.
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Peter C. King, REALTOR®, real estate agent and broker for Perdido Key AL and Perdido Key FL Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Peter C. King
ResortQuest Real Estate of Florida, Inc.
dba ResortQuest Real Estate
14620 Perdido Key Dr Sales Office
Pensacola, FL. 32507
Cell: 850-261-3938
Office: 850-492-4773
Fax: 850-492-5881
Mississippi Contact-Beth : 1-228-861-7635
Email: pking@resortquest.com
I am a U.S. Naval Academy graduate and former Naval Aviator back in familiar territory at Perdido Key. We live just outside of the home of Naval Aviation, Pensacola FL. After a career flying Navy aircraft and commercial aircraft, for Delta Air Lines, all over the world, I have embarked on a new career. There is not a more beautiful or interesting place to live in paradise than Perdido Key. Let me show you the area I call home with its beautiful beaches, unrivaled boating and water sports, and the down home atmosphere not found in any other coastal community.

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NUMBER1EXPERT™ in real estate for Perdido Key, Alabama and Perdido Key, Florida, Gulf front properties, beach condos

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