A miracle happened yesterday. :funn: I?ve had a FSBO sign on my pool-front lot in Seacrest Beach II for eleven months. Yesterday I received my first call from someone other than a Realtor trying to price a competing property. I was shocked.
The sad fact is that I couldn?t come up with an asking price on the spur of the moment.
Until last week I knew exactly what my price was, and it was $104,000 less than the lot next to mine. However, last week I noticed that the lot next door had been reduced for the first time in over a year. It is now listed for $35,000 less than mine.
I paid less than half of the amount that my neighbor paid and I suppose I could get into the price war, but the more I think about it that would be ridiculous. :roll: Our area is much too attractive and unique for me to get pulled into that. The next time I?m at the beach I?m going to take my sign down. Until this market settles down and there is some consistency in pricing, I?m going to keep what I have. I?ve been through these cycles in Florida for over 40 years and it?s always paid to wait ? if you can possibly do it. I agree with Bobby?s grandmother. ;-)
