Wednesday, February 10, 2010

For reasons that remain largely unknown to this day, the spring buying season tends to kick into gear after the Super Bowl has come and gone.  Because the springtime tends to be the busiest for markets like Palm Beach real estate, it’s also when homeowners decide to stick those For Sale signs out on their front lawn.  If you’ve never sold a home or haven’t done so recently, you may not want to wait too much longer.

With the upcoming spring season there is likely to be a huge wave of new Palm Beach homes appearing on the market, homes that will essentially be competing with yours to snag that much coveted buyer.  These include homes that were taken off the market during the fall to the latest foreclosures and short sales offering heavy discounts.  In other words the longer you wait, the more time can potentially work against you.

In such scenarios you may find that a Palm Beach realtor will strongly suggest taking a look at what other Palm Beach homes are actually asking for as opposed to relying on sales numbers.  These self determined asking prices by neighboring homeowners aren’t always the most accurate since most feel their homes are worth more than they actually are but they can be useful.  Take some time to devise a competitive but sensible price, just don’t take too much of it.

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