Pre owned home prices negotiable?
 

Are the pre-owned homes listed for sale through the Villages sales website negotiable? I’ve heard they don’t negotiate on The new homes but wasn’t sure on the existing homes.

yes

Definitely. I think we will soon be in a huge buyer's market where you will be able to negotiate a very good price on a pre-owned house.

Pre-owned, absolutely. However, if someone is selling that has lived in it less than a year, you probably won't get much movement. You are only allowed to sell within the first year for what you paid plus what you can prove you have spent on it, so even at list price, the owner is, at best, breaking even.

Not a buyers market, inventory is low for certain homes. Got into a short bid war on 3 different homes.

yes

The typical discount from list price is 96-98%

Just looking at Zillow and The Villages listings, it appears that there are currently about 865 preowned houses for sale in The Villages. That seems like a lot of houses.

yes, absolutely they are (but doubtful until they've been on the market awhile)

always take a look at 'days on market'

sometimes people will hold tight, sometimes they just want to get it over with and will accept a reasonable offer

you just need to be prepared to walk if the seller won't budge and you're not willing to come up...the seller may come back to you

20 years ago we made an offer below what a fellow wanted for a condo on a really nice lake...he turned us down and counter offered us

when he turned our initial offer down my wife decided that she really didn't want that condo, and because he rejected our offer we were off the hook...so we walked and bought a house near the seashore

the guy chased us for another 2 weeks with offers that made the deal even better than what we had originally offered (apparently he needed a quick sale)

we've bought/sold 8 houses...each deal was different....three were new houses...some didn't include a broker

there were a few where we said to ourselves...'that's the one...let's just do it'...

ya never know how the deal is gonna go down

Really? Or do you mean 2 to 4%?

Many years ago, I looked at a rental house that was listed for $60K. I offered $20K in cash, and I was shocked when the offer was accepted.

Really?? wow

Why?
The demand has not gone away.
Yes the demand is temporarily stalled due to impact of the virus on travel/showings/etc.
But demand has not gone away.
They will be back.
The early birds will no doubt get the best deals mainly because there is a more than normal number to choose from. However, that will not last.

...as a percentage of the list. But, you knew what I meant.

Looking for certain view, with with pool or space for one.

Only 4 that have been worth looking at. Bid on 3. Both vls and mls say this is the lowest inventory in years. This will be 4th and last home, so needs to check most of boxes

Pre owned homes definitely negotiable. Agents have to present owner with any offers made. I have a home for sale so I know his to be a fact������

Use a buyers' broker. Ask your broker what the list to sale ratio is. Discount your offer accordingly.

Offered a cash purchase w/flex closing date to meet sellers needs. Passed on their counter-offer and after a day they accepted our cash offer. I guess they wanted a quick sale. House on the market 2 days. Listed 324K purchased for 310K. Cash is King.

Yes, , preowned homes are negotiable.

When we listed our home we were told to expect a 10% drop in asking price.

Everything in life is negotiable!!!!!!
 

dont use a Villages Realtor when purchasing a pre owned home, use an outside realtor it will give you a better scope on what is the “REAL” estimate on price also look at how long the home has been listing (sometimes a Realtor takes the home off so it does not look that has been for sale long. Cash is KING always
:boom::ho::bigbow::bigbow::bigbow:

Yes very. You can also tell how long in market by looking at the VLS numbers.

The Villages keeps their prices 10% higher already. Buy from a local listed home not sold by The Villages.

Of course they are negotiable just like any other real estate transaction between the buyer and seller. The Villages doesn’t own the property and therefore has no say so in what offer will be accepted.

+20 posts later..................the answer is still YES.

If you didn't use a Villages Agent, how would you know or see their 446 current listing right now?

Homefinder - The Villages(R) Homes and Villas for Sale

For those who don't know, The Villages resales are just like the new homes, only their agents can sell them. The Villages does not belong to MLS, their listings are only on their website.

Currently in the MLS System for The Villages there are 414 listings. So you need to get two agents, one for each system.

The Villages Real Estate - The Villages FL Homes For Sale | Zillow

Everything is negotiable . Take what your Real Estate agent says with a grain of salt. If you do not look out for your money no one else will. Don't get caught up in the magic of the villages. Most home owners who buy houses in the villages are lied to just like every other market in the country. Heres the longest running lie in the villages " better buy now because when this phase is sold that's it no more homes will be built"

Yes Preowned are negotiable...be sure to check with an outside realtor for additional pre owned homes...the villages can only show you what they have listed and can not show you the homes listed by other real estate companies.

It is always the seller's option if they are. negotiable about the price. The villages controls prices only on new homes not resales.

I agree. But, unfortunately, a lot of home buyers will work with a real estate agent, and will start to believe that the agent is working for them. Some will even refer to them as "my agent". So, if a buyer is going to negotiate a price for a pre-owned house, they should always know that the agent is the seller's agent. And, that the agent is always going to use any information the buyer provides, such as how much they are willing to pay, to the benefit of the seller. For example, if you tell an agent that you want to offer $400K, but you are willing to go up to $420K, there no chance that your offer will be accepted.

Sold home and bought here in 2009. The owner here shared the pain. Doubt if that would be possible today.

Actually the number of the homes on the market is low. Many buyers waiting to get here to buy and sellers are not listing. I think it will continue to be a sellers market and so does the National Association of Realtors. Thanks Andrea Bonivich, Sellstate Superior Realty

"don't negotiate on new homes..." Our sales agent told us the same thing - new home prices are not negotiable. Not true.
I recently checked the Sumter county appraiser's site Sumter County Property Appraiser to see when & for how much the 12 or so new homes we were shown during 2018 were finally so for. (sorry for convoluted grammar) To my unpleasant surprise,, EACH was sold during 2018 or early 2019 for $30 -10, 000 less than the original listing price! Only one was sold at the list price we had seen. I will never never never make a listing price offer again and NEVER NEVER NEVER believe ANYTHING a Villages sales rep tells me.

We bought two homes as rental properties and even though we bought them through the villages we negotiated the price on both. It is really up to the seller if the want to negotiate.

Sine I can remember when a village is almost done, they offer deals to close out village. New houses are NOT negotiable. Only the developer has a say on new houses. preowned, Different story. I did have a MLS this week refuse to put in a bid of 30,000 less. We changed rep, and new one was happy to do the paperwork

In Fla REALTORS are not agents of the seller or the buyer. Legally they are facilitators. Agents who work for the developer are not board REALTORS but licensed sales agents of the developer. TWO different things. Sold Real Estate for 40 years in and out of The Villages

It's so much easier to buy a new home, you get the price, look at the home and take it or leave it, you also get a nice warranty with it. Only downside is you are restricted to a handful of villages in which to look.

In Fla. REALTORS do not LEGALLY represent buyer of seller but are facilitators. Agents of the developer have a Real Estate license but are not REALTORS. So which agents do you think are more likely to work for benefit of developer.? I sold Real Estate for 40 yrs. in Ohio and then here since 2000,

For pre-owned houses, there is a legal binding contract between the licensed broker and the seller. When the broker finds a willing and capable buyer, the seller is legally obligated to pay a commission to the broker, even if no sale occurs. The buyer is not a party to the listing contract and pays no commission, regardless of what happens, as long as he complies with the sales contract.