Anyone spending anytime in real estate learns quickly that everything trends. If one person is looking for a beach front condo...3 more people are contacting me about the same thing. Pelican Bay and Bay Colony is trending hot right now as far as that goes but this post isn't about Where Naples, Florida buyers are purchasing. This post is more about How Naples, Florida buyers are purchasing. 
Site-unseen offers were something we saw back in 2005 when everything was hot, hot, hot when properties were on the market for mere minutes compared to days and months so site-unseen offers were more of a necessity compared to today. What's curious though is I just wrote two site-unseen offers this week for similar reasons.
Buyer "A" is purchasing in Bay Colony.
Buyer "B" is purchasing in Pelican Marsh.
Both buyers are exceptionally intelligent. One is a CEO for a large company in Canada, the other a Hot Shot Attorney from PA. What's even more curious about that is the fact that their confidence in Naples, Florida real estate is obviously quite high especially compared to last year when nearly everyone seemed to stare at each other afraid to make a move on anything. 
Now all elements are not quite the same. The attorney is calling all the shots (as smart attorneys do) and although the negotiations haven't gone as smooth as they should...for ridiculous reasons I might add...he's remained very level and precise through the whole thing. Don't get me wrong...he's not like some people who come in, fall in love and roll over. I doubt this guy has ever rolled over but he's not getting an attitude over it either. Based on the circumstances the absence of attitude is admirable. He's pretty cool and I am lucky to have attracted his attention from my website!
On the other hand, the super smart CEO and super smart CEO's wife are a little more inquisitive. First, they wanted to double check everything with their attorney up there and then again with the one they hired down here, who by the way is my absolute favorite real estate attorney in town. He is so smart and trust me, you would not want to appear in court with him representing the other party. So back to Mr. & Mrs. CEO, they know the building and more so than that I think they also know that the unit they're interested in is HOT HOT HOT and it's doubtful it will be on the market much longer.
Purchasing site-unseen isn't necessarily a requirement for every area in Naples right now but many sellers aren't going to allow you to hold their property up during season while you take several days to get down here and accept the property. If the property you're interested in is in a great location and is priced to sell, it might be something your should strongly consider. The more you know about the area, the easier it should be for you and considering the fact that inspections can take a lot of the uncertainty out of property condition along with the fact that I can forward oodles of pictures in a flash for your further review...it's a little easier to make those decisions today. Some of the smartest people I've ever worked with have purchased that way...hmmm another trend....
Will either one of the offers work? Nothing is final but they were both intelligently written...duh...I wrote them and I got an A+ from the attorney down here who did the review. (Getting an A+ from that guy is always a super high-five in my book) So I imagine they will. I have a stronger feeling on the bigger one than I do with the smaller one but we've all learned to not count our chickens. Regardless...the buyer's want to buy and there's inventory to accommodate. Another nice new trend in Naples, Florida real estate.
Now For A Few Tips To Sellers and Listing Agents:
Thanks for reading and have a great weekend! :)
The calls and emails regarding Pelican Bay homes and Pelican Bay condos continue at a steady rate most of
which are still beginning with "I want a deal". I've had the following conversations with countless people lately and it continues to be a hard conversation with buyer's not quite believing what I have to say based on all of their news they've gathered from various news sources across the county. This post was written for not one buyer in mind but four to help me get some valid points conveyed.
If you too are looking for a Pelican Bay deal. DO NOT DELAY!
Here are some more examples of Pelican Bay's best deals now pending contract or recently sold:
Avalon at Pelican Bay:
What I considered to be the best deal in Pelican Bay just went under contract with a list price of $350,000. It was reduced from $375,000 On February 1, 2008. Pended contract on February 6, 2008.
Next one available is $399,000 - Nearly $50,000 for a smaller unit which backs up to a busy road. The pending unit backed up to a park and was a second floor (bigger) unit.
Barrington Club at Pelican Bay:
A unit sold on December 21, 2007 for $400,000. Next one available is listed for $492,000. That is a $92,000 difference.
Brighton at Bay Colony:
A unit on the 19th floor listed for $2,695,000 went pending on January 22, 2008. It was only on the market 4 days. YES...It was a screaming deal! Another unit on the 10th floor sold on January 15, 2008 for $2,600,000 it too was a screaming deal. The next one available is on the market for $3,295,000 it is on the 7th floor. That folks is a 695,000 dollar difference.
Need more proof?
Cap Ferrat at Pelican Bay:
A 4th floor unit listed at $1,395,000 went under contract on January 1, 2008 (yes...while some people were nursing a hang-over somebody else was hunting deals). The next Cap Ferrat unit available is on the market for $1,795,000...yes this one is a bigger unit...yes it is on a lower (less desirable) floor and yes...if that New Year's buyer bought it for full price, that is a $400,000 difference!
Carlysle at Bay Colony:
A 3rd floor unit listed at $2,295,000 went under contract on January 2, 2008 (maybe because they were nursing a hang over the day before). They still won because the only other unit available in Carlysle at this time is listed for $4,200,000. Yes it is on the 20th floor and is a bigger unit and yes it is listed at nearly 2,000,000 more than the one under contract right now!
Marbella at Pelican Bay:
Unit 502 closed last December for $795,000. Unit 802 closed for $820,000 last October. Next one available...#204 for $1,245,000 a $425,000 for a less desirable floor...bigger yes...not as great of a view.
Serendipity at Pelican Bay:
One sold January 2nd for $320,000...there's another one (a little smaller) currently available for $450,000...$130,000 more!
Still not convinced?
Oak Lake Sanctuary:
Sorry...nothing available. Last unit available sold January 8th...(must've been some party)
Renaissance at Pelican Bay:
Sorry...nothing available. Last unit available went under contract on January 23rd...
Hopefully there's enough examples here for you to get my point.
Let's just assume from now on going forward:
By the way...some of my most intelligent buyers are getting it.
I expect to write two more great offers tomorrow.
Why does it seem like everyone is asking questions and hesitating to act these days? Is it for fear of making a mistake...uncertainty...laziness? Come on folks it's not that hard, get on with it and even if you don't have ALL THE ANSWERS or know EXACTLY EACH STEP TO TAKE...TAKE A STEP ANYWAY!
Here are some examples:
ON BLOGGING:
ON WEEKLY REPORTS:
ON BUYING NAPLES, FLORIDA REAL ESTATE:
The Best Areas In NAPLES, FLORIDA ARE NOT IN DIRE STRAITS!!! I know you read the papers, I know you watch the news and click around on the internet....I know...all of you are calling me and starting conversations with, "I know I can negotiate in this buyer's market"...and there isn't just one of you or two of you...there are A BUNCH OF YOU and I guarantee they're all not calling me which means there's even more of you who are now actually writing contracts and getting the best Naples deals in our best Naples locations!
My Suggestion to all of you:
Just do it. Stop talking about it, stop thinking about it, stop dragging your feet!!! 
Start Writing Your Blogs
Start Writing Your Reports
Buy Your Naples, Florida real estate
Then sit back and listen to those around you say silly stuff like:

Oh I wish I was working with buyers...
Oh I wish my listing hadn't expired...
Oh I wish someone would've told me to get off the fence....
It's starting...the calls from people up north who have been hovering over Naples, Florida waiting for prices to change...are calling on listings they saw at excellent prices that are now under contract.
I wrote a post last week about how quite a few of the best priced properties in Pelican Bay had recently gone under contract and I think I need to extend the alert to other areas in and around Naples, Florida.
Many of Naples, Florida best priced properties in PRIME locations are starting to disappear.
Specifically, there was a unit in Arielle at Pelican Marsh listed for $339,000 that just went under contract on January 4th. There's another one listed for $350,00 and comes furnished. Next one up is $365,000...I fully expect the one for $350,000 to go under contract very shortly!
Buyer's attitudes have changed drastically compared to last season. They are not nearly as hesitant as they were last year to purchase despite all of the nationwide media. Here are two more examples:
I've had web hits within the last week with search terms like:
2007 "real estate" "prices fell" Naples
Naples real estate prices 2007
But today I saw this search term:
Stabilization of real estate market in Naples, Florida.
A caller also mentioned that he is now "unhappy with the stock market" and is looking to do something different. This may be the beginning of perhaps another pool of Naples, Florida buyers who have been somewhat preoccupied til now!
IF YOU ARE ONE OF THOSE PEOPLE WAITING TIL THE END OF SEASON TO PURCHASE THAT GREAT DEAL IN NAPLES, FLORIDA...YOU MAY BE TOO LATE! You can expect sellers to tighten their negotiations if too much more of this activity continues!
Trieste at Bay Colony is the grand finale high-rise in Bay Colony completed in 2002. Built by WCI, this twenty story building featuring 106 luxury units offer some of the greatest floor plans and finishes in all of Naples. Designed by Robert Wedroe, AIA, you can expect tasteful aesthetic beauty with all of the luxurious comforts available including a magnificent two story grand salon, library, billiards room and theatre complete with easy view tiered seating and surround sound. The resort style pool and spa is a fabulous place to relax in the sun or entertain guests, family and friends at the social pavilion. See Trieste at Bay Colony condos for sale.
For a full photo gallery of Trieste at Bay Colony, clic the link below:
If you want to know more about Trieste at Bay Colony or any Bay Colony property, give a shout! Trieste is a beautiful building and you should know more about it!
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