Hey Wait A Minute, I Must Have Landed on the Wrong Planet!

By
Real Estate Broker with M & M Realty of Brevard Inc. BK629999

Recently, I was calling agents to set up showings on homes available for sale. We were going to be looking at a number of properties that day.  The buyer had picked out one property that he absolutely HAD TO SEE!  He was excited about!

I noticed that the property was listed for $100,00 less than it was listed last year. (Okay, I know some of you are saying, that doesn't mean that it was worth that extra $100,000 it was listed for. If it had been, it would have sold. Right? I know.) And, I also noticed that the home had been listed for sale for over 278 days. 

I always ask the availability of the property before I ask anything else, because real estate is selling here in Brevard County Florida.  The agent said, "No I'm sorry, we got an offer on that property last week, and the bank that owns it, has accepted the offer. The property is no longer available." Hmmm, I thought.

Then, I called on another property.  "No, that's a bank owned property, and we currently have 5 offers on it. We are waiting for the bank to sign off on one of them. One is a full price cash offer with no contingencies."  That house had been on the market for 132 days. 5 offers, I thought, you've got to be kidding!

I called on yet another property, "No, that one just went under contract 2 days ago."  It had been on the market for 79 days.

Now come on, all of these houses have been on the market from 3 to over 9 months. 

Why are they all of a sudden under contract?

Well, heck, everyone that I've talked to (that's not a realtor) thinks the real estate market is in the tank, and no one is buying. Well, I can thankfully say, they're wrong!

This is Brevard County Florida Real Estate and smart people are out buying today!


 

This article is authored by

Sandy Shores, Brevard County Real Estate

Brevard County Real Estate Investing

Palm Bay Florida Real Estate News

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Melbourne FL Real Estate, Sandy Shores, Realtor

 

Sandy Shores, Broker   

M & M Realty of Brevard, Inc. 

Residential, New Construction, Relocations & Investment

Brevard County FL Real Estate 17 Years

Brevard County FL Resident 38 Years 

Melbourne FL Real Estate / Brevard County FL Real Estate

Serving Melbourne, Palm Bay, Suntree, Viera, Rockledge, Cocoa, Canaveral Groves, Merritt Island, Mims, Cape Canaveral, Cocoa Beach, Satellite Beach, Indian Harbour Beach, Indialantic & Melbourne Beach

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Topic:
Home Buying
Location:
Florida Brevard County
Groups:
1st Time Buyers
Active Rain Block Party
Central Florida
Diary of a Realtor
Realtors for All Seasons
Tags:
i think i landed on the wrong planet
real estate is selling
brevard county real estate
melbourne florida real estate

Comments 24 New Comment

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Rainmaker
599,425
Sandy Shores Broker, Melbourne FL
Brevard County FL Real Estate
M & M Realty of Brevard Inc.

Rich, Dealing with REO's can be quite difficult, there's no question about it.

Hi Ann, So it seems to be going on in different parts of the country. Glad you liked my title! Well, I hope that you think it's a good thing that my post wound up under your name.  It must be because they know we're friends, and that you visit my blog all the time.  GREAT! I love it!  Great publicity for you!

Hey Mary, Thanks for the info.  That's good to know. I've always thought we needed to be very cautious in the types of comments we leave on other's blogs.

Hey Myrl, It is very frustrating, I completely agree. 

Hi Ann, Oh my google alerts, I have had the alerts show up within 10 -15 minutes of writing a post.  I haven't had them show up on my comments on someone else's blog though.

Justin, Now we are telling buyers again to hurry up and make a decision, so they don't lose the property.

Paul, Now that is really crazy.  It really makes you wonder. What's up with that? But, you know what, as time progresses, more and more people are getting out and buying and becoming more confident.

 

 

February 11, 2009 12:45 PM
Rainmaker
691,088
Ann Hayden
SelectAnn.com
Prudential Select Properties-St. Louis Missouri

Sandy,

I just thought it was funny because I had not made a comment yet...

Ann Hayden in soggy Wildwood, Missouri

February 11, 2009 10:58 PM
Rainmaker
501,220
Mary Douglas
REALTOR, Red Feather Lakes, Colorado
United Country Ponderosa Realty

Ann!! You did not make the comment -- Before you got the Google Alert !!??? Now that is sooper weird, maybe you have landed on the wrong planet and Google knows what you are going to do...before you do it!! ???

Twilight zone music, please!

February 12, 2009 12:06 AM
Rainmaker
599,425
Sandy Shores Broker, Melbourne FL
Brevard County FL Real Estate
M & M Realty of Brevard Inc.

Hi Ann, You silly girl, I love you being here!  You always make 2 or 3 comments on all of my posts and that's why they have permanently affixed your name to my blog.  Great for you and me also!  I wouldn't know what to do without you here.

 

Hi Mary, Weird isn't it? Maybe someone landed on the wrong planet and weird alot a little bit crazy, you just never know do you?  You're funny Mary. I loved the Twilight Zone it was awesome!

February 12, 2009 08:56 AM
Rainmaker
691,088
Ann Hayden
SelectAnn.com
Prudential Select Properties-St. Louis Missouri

Hi Sandy,

And I love reading what you write.  This is such a great place to meet people and learn! 

Thank you for being my friend in the Rain,

Ann Hayden in Sunny Wildwood, Missouri

February 12, 2009 09:59 AM
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Rainmaker
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Brevard County FL Real Estate
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Melbourne FL Real Estate and Brevard County FL Real Estate - Residential, New Construction, Relocations and Investment. _________________ Sandy Shores on Zillow Sandy Shores…