Resale Office
 

Does anyone have experience in working with the Villages resale offices and utilizing them to sell your home?

Yes sold my home in 18 days
Lynn O Brian was my agent

Yes. Good results with Greg Yoder and Lia Peterson. Highly recommend them.

Offer on our house in three days

Should have priced it higher. :D

Congratulations though. :thumbup:

Make just have been right people at the right time.

Not personally, but the two homes recently listed by The Villages in our neighborhood sold in three days and ten days.

Homes sell quickly here because this is a sought after place to live. If a home for resale is priced well, smells nice, is very clean, preferably staged with not too much stuff, it will quickly find new owners, even if you sell it yourself.

I think that the location of the resale has a lot to do with the success of TV Realty selling it. We had a home near Mulberry for sale with TV for 5 months. It was
rarely ever shown. We knew that if people saw the home, it would sell, so we held open houses-three in a row, and it sold on the third day. We still had to pay the commission, but at least it sold.

My neighbors had their house listed with The Villages for six months. No sale after reducing their price $20,000. Listed with Realty Executives and sold in less than 10 days. They are now in contract but bear in mind that they are moving out of The Villages so the incentive to sell and buy was not there. Possibly could be the realtor that listed the house but makes me question if I was going to sell I would think long and hard before I listed with The Villages.

There are many more homes on the market this Spring than last year this time. Over 600 preowned as of April 1 up from 400 last year this time. ( This is according to a Villages sales agent. It is a buyers market right now. This should be a consideration when deciding.

Lot of folks longing to live here too. I don't think anyone is having much trouble selling unless the home is priced too high or the owner is not aware of obstacles such as smoking or dirt. I have heard people complain about a home not selling and anyone who had been in it could have told them why. Priced too high and not squeaky clean and good smelling with too much junk that the owner couldn't see. NEVER heard of anyone taking a loss who sold a home here.

Disclaimer...I do NOT sell homes nor have I EVER been a realtor but I have been owner of several homes that sold quickly.

Oh...and I am a very opinionated older lady...too old for the danged Boomers Club!

The TV real estate people also are exclusive sellers for the developer's new properties. So there is that conflict. The MLS realtors do not sell new TV houses; they only sell used TV houses. TV real estate agents have no flexibility regarding the listing and sales contract. It is a "take it or leave it" attitude. It caused me to walk away from a sales contract when I was trying to buy a used home in TV. The MLS realtor acts just like any other realtor in Florida. Listing contract terms and conditions are flexible and negotiable; sales contracts terms and conditions are very negotiable. If I listed my home, I would definitely list with one of the many MLS realtors.

I think outlaw hit the nail right on the head. Realtors work for you. Villages Sales agents work for The Villages.

I'll second that. :thumbup:

In reality they both work for their own best self interest. Trust no one, check everything.

Gracie, I agree that a home that is clean and priced right should sell, but if the home is never shown to buyers, it will not sell. That was our problem with TV Realty. We were "out of the selling area" and they did not venture north.

I am sure that is true as well. I agree with Ricky too that you need to leverage your opportunities as you did and it worked well. The sales agents selling homes new or used make money on all of them.And just like dogs, some are smarter than others.

I disagree. We just bought a resale and used a Villages realtor who was excellent. While it is true they only deal w units listed by The Villages they very much work for the buyer as well.

It happens quite often to people who bought in 06-08. A house 3 doors from me is listed at $200k less than what they paid in 06.

If it looks like the 'kids' up north inherited their Granny's house full of clutter and furniture from the 60's that wore out because she did not keep the clear plastic on it.....

Or if the place smells like dog/cat urine or an elephant barn, it won't matter who is listing and marketing it.

TV Resale has far, far more advertising-finance capability to market your home all over North America and in Europe as compared to a local MLS agent paying for all his/her own expenses which include advertising.

Care to share the listing? I am sure people will enjoy the bargain.

Nice try. Not putting my address out there for the creepers and stalkers.
But there have been plenty of homes that are losses because of being bought in 06-08. Not rocket science.

MrGolf, We have bought a total of three homes from TV resales and used the same agent each time. Buying was a very good experience, BUT, when it came time to sell, the same agent was not helpful at all.

Buying thru TV is ok, but, in our case, selling was not.

I'm watching and listening....ok I'm ready for the address. :throwtomatoes:

They are quite easy to find if one has a little smarts. It took me 5 minutes to find this one:
603 Denmark Pl, The Villages, FL 32162 | Zillow

They couldn't sell it in 2012 for the same thing they bought it for in 06.

I can find more, if you'd like.

You are absolutely correct that there have been people who have lost money selling homes here.

Just a very brief look on Zillow and I found this one.

444 Maywood Way, The Villages, FL 32162 | MLS #U7764727 | Zillow





You are also very wise not to give the creepers and stalkers any personal info about yourself.

Here's another. These folks lost 50k in 6 years.

3543 Amelia Ave, The Villages, FL 32162 | Zillow

OUCH!

2002 Castano Pl,


Price / Tax History
Price HistoryTax History
DATE EVENT PRICE AGENTS
11/16/15 Sold $180,000-5.2% T. Heller, R. Rodriguez
11/11/15 Price change $189,900+0.5%
11/02/15 Price change $189,000-0.5%
10/15/15 Price change $189,900+0.5%
10/14/15 Price change $189,000-0.5%
10/12/15 Price change $189,900-5.0%
09/19/15 Price change $199,900-4.8%
09/09/15 Listed for sale $209,900+9.9%
01/24/06 Sold $191,000

2122 Jasper Way,
The Villages, FL 32162

05/08/12 Sold $160,000
Public Record

12/04/09 Sold $164,000
Public Record

01/11/05 Sold $162,900
Public Record

You're wasting your time. You are bursting their bubble and they don't like it. No one has ever lost a penny selling their TV home! Or so it is said...

I guess my TV real estate agent was wrong then, because she told me "absolutely no changes in terms and conditions; that is the way developer wants it". And it didn't matter if the buyer and seller agreed to a change. Not Allowed.

It sold in 2012 for 14 thousand less than they paid for it in 2006 but Zillow's "Zestimate" for today's value is $312. Perhaps I didn't understand you or you me, but I am saying it is hard to lose money today on homes in The Villages.

That is absolutely true on new homes. No deals, no discounts, no how, unless they decide to reduce the price when they are finishing out neighborhoods. BUT when you are dealing with a resale, the ultimate deciders are the folks who own the property, just like MLS.

You are right, that is what I said, but that isn't what I meant. Of course everyone was being hit hard in that time, but NOT TODAY. I haven't heard of anyone losing money selling a home here now. The home near you that you mentioned that is listed for less than it's original price? PM NUCKY and tell him. He is looking for a bargain.

From the Zillow chart Villages home prices peaked Nov-Dec 2007, slid to a bottom in Dec 2011 and have recovered substantially but have yet to quite reach the previous peak. Of course the price ranges of the homes built during that time period affect these results. It is not as if the peak of 2007 represents the identical group of houses as the bottom of 2011 or what is being built and/or sold today.

This means nothing.

You don't know whether it was rented out for 6 years at $3000/month for 5-6 winter months per year, or whether it was rented out on annual lease for $1600/month and then was worn out inside when listed. Or maybe they ran it as rental business loss on purpose, to offset capital gains on sale of their other property elsewhere.

:bigbow:Village sales reps are independent contractors...so yes they work for themselves.

Based on some posts, I believe you've made an astute observation.

My comment was based on first hand experience on a used home. TV agent said no changes to contract T&Cs per office policy. I was especially put off by the kick out clause that is not a typical clause in Florida RE sales contracts.