We just sold our home in Bonita Springs, FL, Lee County. Lee has many foreclosures.
We priced our home very realistically. We had a number we wanted to take out of the sale and we received $87 above that. We did not even think to price it based on the hot market a few years ago.
We also had a GREAT Realtor.
Our friends have a home that has been on the market for 3 years. They are chasing the downward spiral and are behind it, so they are always a bit overpriced. And, it was way overpriced to begin with. They listened to high power realtors that wanted the listing and did not price it to sell. They have lowered the price $1 million dollars and it still won't sell. And the highest price was set by the realtor.
Their home and our home are both waterfront, gulf access and each has a pool. Their home is located in a prestigious neighborhood, but that has not helped.
The lady that bought our home is very happy to have it. It is a 30 year old
home, but has been updated. So, I would say, after all this, Just price to sell, not to make a killing.
Now we will see how we do in TV-we have a home that is going on the market sometime this week.
