Boca Raton Luxury Homes: Important Considerations Before Accepting an Offer

Boca Raton luxury homes are always in demand. This high-class city by the sea definitely holds appeal for those wanting an upscale way of living. From the beaches and shopping to restaurants and nightlife, Boca Raton luxury homes lure individuals in from all over the state and nation.

The city is growing fast. The Mizner Park area near downtown Boca Raton is expanding with homes and trendy stores continuing to add to the flavor that makes Boca one of the places to be in South Florida.

With all of this to offer, Boca Raton luxury homes are a unique haven in the Southern portion of Palm Beach County and never lacks in home buyers looking for a perfect place to buy.

Selling Boca Raton Luxury Homes

When you are trying to sell Boca Raton luxury homes, you might expect to be deluged with offers or you might be afraid that your property will never sell unless you give it away.

To alleviate any of these worries, you need to enlist the help of an experienced Boca Raton luxury homes sales professional. Berkshire Hathaway HomeServices Florida Realty has realtors in the area that can help assess your property so that you list it at the right price.

Inventory and Price

As a homeowner, you can call the shots especially when it is a seller’s market. Recent real estate reports have shown over the past few months that inventories are tight. This means that there are more home buyers looking for a home than there are homes available.

If you have a desirable home and it is in a sought after neighborhood, you should be able to get the price you want. Of course, your Berkshire Hathaway HomeServices Florida Realty rep will be able to give you a figure where you can start thinking about listing your home. One rule of thumb is to ask about 10% above the price you actually want, which gives you room for negotiation.

Choosing the Right Offer

If you happen to get more than one offer on your home, you need to assess which one is best. Some ways to do that are to look at:

1) Price: How close are each of the offers to your asking price?

2) Loan Approval: Which one of these buyers actually has a pre-approved loan or actually has secured a loan that covers your asking price?

3)  Special Contingencies: What type of special contingencies is each buyer asking for, and which one is more to your benefit?

4) Personal Property Demands:  Which buyer is demanding property? Are you willing to part with that property or would you rather keep it, try and sell it or give it to someone you know who needs it? Answers to all of these can shift which offer you accept.

The single-most important factor in your negotiation strategy is how the Boca Raton homes for sale market is doing. Even if just north of you, the homes are stagnant doesn’t mean your neighborhood or Boca Raton isn’t moving its properties. Talk to the Berkshire Hathaway HomeServices Florida Realty office in your area to ensure you get the best price for the home.

Florida Realty News
Florida Realty News
Berkshire Hathaway HomeServices Florida Realty, a wholly-owned subsidiary of WCI Communities, has over 39 locations and more than 1,650 real estate sales professionals and team members serving 17 counties throughout Florida.
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