Mar 25 2018

Elegant and gracious, this custom home sits on a half-acre in highly desirable Coquina Sands.

Own this Home. 564 Coral Drive, a Mahogany lined street in Discrete Coquina Sands. Favorably offered at $2,399,000

This home is best viewed in 3D at https://my.matterport.com/show/?m=syKtpLHz8da and by Drone Fly-Over at https://youtu.be/30jiu0lyW0Y

Elegant and gracious, this custom home sits on a half-acre in highly desirable Coquina Sands. …….The double 11-foot mahogany entry door offers a sweeping see through view to the lanai featuring a tranquil and private salt water pool and hot tub………. Southern exposure sunlight floods the open concept living area……. The bright and airy great room features 14-foot double tray ceilings. Perfect for entertaining……….. The eat-in kitchen includes custom Italian cabinetry with upscale appliances fit for a serious chef, plus a formal dining area…….. A large office, with custom built-ins, is the perfect retreat………. Your guests will appreciate the beautiful powder room with a red glass designer vessel sink………. With bamboo floors and bamboo vaulted ceiling, the master suite offers a separate sitting area with access to the lanai…….. Overlooking the Zen garden, the master bath features 7-foot windows, an oversized walk-in shower, Italian vanities and large tub……. Two additional large bedrooms, each with its own bath, welcomes your guests………. A well-appointed laundry completes the package……… Large custom closets, two garages and picture-perfect landscaping make this home a must see for the discerning buyer.

I’d like to give you a private tour. Call me at 239 530 8556.

Dennis Fogarty Realtor

Mar 20 2018

A 1 Minute Video on Preparing Your Home For Sale.

Here’s some key tips.

Mar 19 2018

Naples Sales Up 10%-Get Details in This 1 Minute Video

Mar 18 2018

Real Estate In February Does a High Jump Again.

Naples FL. Buyer interest in homes over $1 million in Naples continued to climb during February as overall closed sales increased 10%.

Inventory continued to decline for the 4th month making the market hungry for new listings. Houses are moving faster with fewer days on market for the first time in two years. Sales went up Feb to Feb 10% with a 9% increased in sold prices.

If you are considering listing a home grab a realtor or two and have them price you home and take you through their marketing plan. Now could be the right time.

Mar 11 2018

2 Ways to get the Most Money from the Sale of Your Home

2 Ways to Get the Most Money from The Sale of Your Home

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house?

Here are two keys to ensure that you get the highest price possible.

1. Price it a LITTLE LOW

This may seem counterintuitive, but let’s look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price but will instead have multiple buyers fighting with each other over the house.

Realtor.com gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This, too, may seem counterintuitive. The seller may think they would make more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

A study by Collateral Analytics, reveals that FSBOs don’t actually save any money, and in some cases may be costing themselves more, by not listing with an agent.

In the study, they analyzed home sales in a variety of markets in 2016 and the first half of 2017. The data showed that:

“FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.”

The results of the study showed that the differential in selling prices for FSBOs when compared to MLS sales of similar properties is about 5.5%. Sales in 2017 suggest the average price was near 6% lower for FSBO sales of similar properties.

Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.