[Rag Bagger]

Does anybody know what the selling price vs the asking price may be. I know it varies but an approximate percentage would be helpful.

[graciegirl]

On new homes they are both the same. There was a recent thread that showed what homes had been selling for on average below the asking price, this for resales.

[Lucko]

New homes on The Villages web page some times have a discount shown, but not much negotiation is allowed -- it's kind of take it or leave it on new homes in TV -- Recent new prices seem 5 to 18 percent lower than in 2006, but location and view are big factors as are upgrades or lack of upgrades -- Pre-owned are more difficult to compare because of changed designs, name changes and owner upgrades -- happy hunting -- Lucko

[colleenj]

When I came down to look (and ultimately bought!) in May, my Villages sales agent said most resales were selling for 96%-97% of asking price. The outside realtor I met with said the same thing, that resales were going for around 97% of asking. I offered a little less than 94% of asking and it was accepted. I think like everything else, it depends on how badly the person wants to sell.

[l2ridehd]

I had been tracking prices for over a year before I bought. I went back and looked at asking price and then checked what they actually sold for. The figure you got of 96% to 97% is exactly right. A few go for less. Saw one at 91% and a few at 94%. But others went for 100%. I did an average of 126 homes and it was 97.2% of the asking price. Now what I can't tell is what else was done in the contract. Points, golf cart, closing dates, and potential other items the seller or buyer may have got. But pure data gave a 97.2% of asking price. Actual with extras is probably just slightly less.

[Lil Dancer]

That's good information to have on hand. Thank you!

[Rag Bagger]

Thanks for the input.

Today we did our first tour of homes. My TV Realtor said 2 to 3 Percent was average reduction of listed price. However we found one we liked that was higher than our budget, of course. Our Realtor has been pushing us to make an offer at our budget which would be an 11 percent reduction.

The home has been on the market a long time. It is In the North and backs to a farm. That is worrisome and may explane the reduction in price. We have no control over what happens to that farm land.

[villages07]

Lincoln,

Make sure you study the map and surrounding area very carefully....there is a very busy train line that runs along the western border of The Villages...very close up in the far NW corner.

[Russ_Boston]

Lincoln - Ditto what V7 said about the train. Park yourself on the land for the better part of a day and listen carefully - especially at night.

I do echo your thoughts about backing up to open land. If it isn't deeded to the state as permenant conservation or preserve - BE CAREFUL. This is Florida and only God knows what the eventual use of the land will be :dontknow:

If its a resale then stick with the devil you know!

[blueeagle65]

From what I know of it there is no bargining on new homes and very little on re-sales.

[livsea2]

If you are interested in resales, go on the site lylesellsfla.com he shows the sales in the current month with the asking price. Also he lists a spreadsheet listing recent sales vs. asking price. Lyle's site has a lot of great information about buying in the villages.

[KayakerNC]

Originally Posted by livsea2

**snip**
Also he lists a spreadsheet listing recent sales vs. asking price.**snip**

I haven't found that spreadsheet. Could you post a link to it?
Thanks.

Whoops! Wait! I found it, the "Sold Stats" pdf. Persistence pays, I guess.

[tkret]

Originally Posted by KayakerNC

I haven't found that spreadsheet.
Could you post a link to it?
Thanks.

KayakerNC,

Try this:
http://www.lylesellsfla.com/frame.sh...ac87afbf82.pdf

if that doesn't work just go onto Lyle's website at http://www.lylesellsfla.com then click on "Special Listings" on the upper left side of the screen. Next, in The Villages section you will see "sold stats" with the pdf. logo and just click on that.

[KayakerNC]

Thanks tkret.
I think your post beat my mod by less than a minute. I appreciate the information.

[tkret]

Originally Posted by KayakerNC

Thanks tkret.
I think your post beat my mod by less than a minute. I appreciate the information.

You'll notice, KayakerNC, that the average, according to Lyle's stats, is 7% reduction from asking price to sales price.