Are you finding yourself wanting to know the latest Bay Colony updates but don't want to pester an agent for details? With inventories increasing and price reductions occuring, buyers want updates on information that just might land them the condo of the universe or the deal of the decade! Even Bay Colony Shores is starting to move with what I've heard was a collosal deal negotiated just this week! Attention savvy investors and "kept in suspense" sellers, I have created a new Twitter account to help you get several Bay Colony updates throughout the day! Follow me @Bay_Colony or if you don't have a Twitter account or you don't want to sign up, you can follow me by saving this page here or saving the Twitter updates that can be found on my Bay Colony website!
Best Regards,
Your Naples Smart Girl!
Ever wanted to know what was going on in Pelican Bay but didn't want to bother your agent for the updates? Get near real time information through my new Twitter account: @Pelican_Bay. From there you'll learn what's new on the market, pending listings, closed sales and more updated several times throughout the day! It doesn't get much easier than that!
Best Regards, Your Naples Smart Girl!
A colleague of mine (Scott Lepore) dropped by my office yesterday with some statistics about Pelican Bay that proved quite disturbing. While he was preparing for a big speech he'll be giving next week, he ran an in depth market analysis of the past 2 years of sales activity and compared those with the current year.
Here's what he handed me:
We still have a full week of peak season before we can officially call it 1st Quarter 2009 but as you can see from the numbers above, Pelican Bay isn't doing so hot!
Now let's double the trouble by showing what's currently available and what the projected number of sales will be for 2009 based on 1st Q's activity:
How many fewer sales are we on track for so far this year?
BUT IT DOESN'T HAVE TO BE THIS WAY IF YOU WANT TO SELL YOUR PELICAN BAY PROPERTY!
There are some aspects in real estate that always remain the same!
There's no mystery Pelican Bay is a phenominal location and offers fabulous amenities like the beach clubs, fitness center, golf club and spa! But my fellow Pelican Bay property owners (and neighbors), we need to make a tough decision! Do we really want to sell now (in what appears to be super crappy market) or do we wait for better times?
Here are cold hard facts! If you want to sell today, you either need to have something very special seperating your property from the other 446 Pelican Bay listings or your pricing has to be SO astronomical, buyers are compelled to write contracts for fear of losing such an excellent buy!
The price reductions have begun and I believe we're going to continue to see a need for price adjusting for the next several months until Pelican Bay is stable again.
The faster Pelican Bay property owners adjust price or take their properties off the market, the faster a more stable Pelican Bay real estate market will result.
Also a simple note to the less motivated. If you haven't had any showings in awhile and you don't want to either sharpen up your property condition or drop your price, for Pete's sake, take your property off the market! 2 years of active inventory is a little much!
For more information regarding Pelican Bay Naples Florida, you can contact me direct or follow my Pelican Bay Naples Florida tweets on Twitter @Pelican_Bay
Best Regards!
Your Naples Smart Girl!
It's not atypical for many sellers to reduce prices this time of year for fear of our most active selling season coming to an end. In fact, it's an annual occasion unless we're in a super high powered market...which today we are not. :( That's good news for those buyers who have been out there hovering over Pelican Bay!
Some Pelican Bay buyers are lucky enough to land a great deal during season which is awesome because that may mean they'll have a chance to enjoy their new Pelican Bay property before the cold goes away up north. The lion share of the hot deals in Pelican Bay coincide with our weather though. The hotter it gets, the hotter the deals get!
Just since March 11th (this past week) there have been a whopping 34 price changes in Pelican Bay with Bay Colony Shores leading the way with 3 price reductions in that neighborhood alone! Since Bay Colony Shores has been what I would consider a sluggish market that's excellent news and although there's been chatter about an offer on one of those listings in there, you'll still want to do your full research before purchasing in this location.
There are some exceptional deals to be had in Pelican Bay right now. Click Pelican Bay deals to easily search the best prices per square foot! You can also search by Pelican Bay neighborhood or by Pelican Bay building type!
Two Pelican Bay deals I can tell you about now are:
Traffic has been strong on both of these properties and I suspect these will sell not only because of the condition and location but more so for the value here!
There are other Pelican Bay deals to be had though so do your research or contact me and I'll help you find a great property at a great price!
Pelican Bay Sellers:
Despite what some sellers believe, price reductions are the most effective way to get your property sold at least in the current Naples, Florida market. For example; just Friday there was a sizeable price reduction on a property in Oakmont at Pelican Bay. (Unfortunately, I don't have permission from the Broker to be specific about this property but you can email me direct for more details). This listing has created such a buzz amongst brokers and agents that it's rumored to have at least 3 offers going on it right now. I just checked MLS again and although it's technically not showing pending in MLS, I wouldn't be surprised if an agreement is already negotiated or will be within the next 24 hours!
There was another one listed in Laurel Oaks at Pelican Bay that went on the market earlier this year in the $250,000 price range. For those of you who don't know, there hasn't been a sale in Pelican Bay for under $300,000 in quite some time! That was an exceptional deal and that one went within just a couple of days for full price.
I don't think this is the market to be doing $5,000 and $10,000 dollar bumps (or tiny percentage bumps). If that's all you got, it's better than nothing at all to spur activity!
If you want to get your Pelican Bay property sold soon, contact me direct! There are still a few tenured agents out there who are a little bewildered at what it takes to sell real estate in the Pelican Bay area right now and with the market behaving differently than it has in the past, I can somewhat understand. I do have a realistic pulse on the Pelican Bay market right now and can tell you with precision where you need to be to help you get your Pelican Bay property exposed to the prospect base of people who are still considering a Pelican Bay purchase! So don't delay, season is in fact almost over!
Best Regards,
Your Naples Smart Girl!
After completing some extensive research on Olde Naples Florida (single family homes) this morning, here's what I found:
Currently there's almost 3.5 years of inventory currently available in Olde Naples.
120 listings
Low: $450,000
Medium: $2,618,072
High: $15,000,000
There are currently 7 Olde Naples Homes pending right now.
Low: $599,000
Medium: $1,126,843
High: $1,475,000
10 Olde Naples Homes have sold so far this year.
Low: $655,000
Medium: $1,818,480
High: $3,500,000
Average sales prices have remained almost exactly the same with only a -.02% differential in price compared to last year, BUT the big factor is the huge difference in price per square foot!
Olde Naples single family homes price per square foot is down a whopping 31% compared to last year. Last year sales prices were averaging $715/square foot while this year so far average price per square foot is only $493/square foot.
This doesn't mean sellers are coming off of their prices significantly either! In fact, sellers are getting 88% of their list price on average compared to last year when they only recognized an average of 87% of list price. There are sellers who are getting more and less. For example, the most a seller has received is 95% and a seller negotiated as much as 73% off list so far this year.
What does this mean exactly?
SELLERS: It's now more important than EVER before to list your home at a price that will cause it to sell. If you're not seeing appointment based showings ( a GREAT rule of thumb for this market is about 3 showings per week) either reduce your price are take it off the market.
BUYERS: Please do not negotiate on % off list price alone. There is a very clean display of sellers who are actually in the market to sell this year and seller's who are more interested in holding out for their price. Do NOT expect to come in and negotiate up to 27% off list price across the board. This will make you look uneducated and weaken your chances of getting an outstanding Olde Naples Deal!
This is the same Naples neighborhood that offers walking distance to the glorious Naples Florida beaches and great proximity to the two shopping and dining districts of 5th Avenue and 3rd Street South. You should consider purchasing in Olde Naples as more of a leisure/strategic move compared to a get rich quick investment.
Most people who have been interested in Olde Naples this year have been precisely those people who have a special affinity for the Olde Naples Florida location, they have the means to pay for it right now (usually cash) and many of them remember when the house currently listed for $450,000 sold for $835,000 and was once on the market for $1,290,000.
For more information regarding Olde Naples, contact me direct!
Best Regards,
Your Naples Smart Girl!
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Naples Florida Real Estate including information about Naples Florida homes, condos and lifestyle properties along with other Naples Florida real estate happenings. Smart Girl, Great Results!
My real estate career began in the fall of 1996 in a resort community located forty-five minutes southwest of Fort Worth, Texas. After nearly six years and achieving the 8th highest volume producing REALTOR in Granbury, we moved to Naples Florida. Gorgeous white sandy beaches, lush tropical vegetation and the most wonderful sunsets in the world are just part of the charm that makes selling Naples effortless and enjoyable.
To be a Naples Realtor in the Naples real estate market takes a great deal of tenacity. My enthusiasm for my career and the pleasure experienced from a job well done keeps me on the cutting edge of providing excellent service. What makes me happiest is performing like a star for my clients. This is my passion and the reason why becomming a great Naples Florida Realtor was a natural process.
There is a great deal to consider when purchasing property especially if you're purchasing in a market you're not familiar with. With my experience, I know all the right questions to ask so I can insure you're locating properties that best fit your requirements and also clue you in on aspects you may not have considered. Not all buyers are purchasing for the same reason. If you're an investor, typically, your eye is on the bottom line. Looking for a vacation getaway? Enjoyment and location may be more important to you. Raising a family and want to be close to a specific school? No problem! I can easily help you identify what your objective is and help you accomplish your goal even if you may not know exactly what your goal is.
Here are additional services you can expect when choosing me to assist you with your purchase:
Automatic Property Notification: It has never been easier to find a property you can get excited about. Simply fill out a quick property profile and relax! Listings fitting your description will be automatically e-mailed to you as often as every day or weekly. When a property peaks your interest, give me a shout and we'll make arrangements to see it. Please give me as much notice possible so I can make arrangements for your properties of interest to be available. Set up Automatic Property Notification
Extensive Market Knowledge: I know my market! I help you make the best purchasing decision by giving you the run down about prices, locations, general market expectations and so forth. In fact, if I don't know it, I don't do it but I know somebody else who does and I will happily share that contact information with you. Why? Who want's to work with someone less than an expert...furthermore who wants to be less than an expert at what they do?
Excellent Negotiating Skills: I can save you time, money and frustration by offering information that will help you land the best deal with the best terms. It's important to have someone on your side that can assist you. Sometimes agents mistake negotiations with a "lose-lose" mentality. Unrealistic negotiation expectations or clueless business savvy more often than not will make a deal hard to complete or in some cases down right impossible. I know the difference and can negotiate effectively even with others who have adopted this sort of theory.
Effective Communication: By keeping you three steps ahead of the game, you'll know what to expect and what not to expect giving you the best opportunity to game plan from first showing to closing. Isn't it nice to have someone else watching your timelines for you on contracts so you don't miss important dates like mortgage loan contingency deadlines and inspection timelines?
One Stop Shopping: I have a whole team of people who help me and my clients get a deal done on time and without a hassle. They work like I do! This means when you're looking for a lender, title company, attorney, inspectors, appraisers, surveyors etc. you can be assured that I have the contact information for the best person for the job. You may need to depend on lots of people to get your deal done and sometimes there's nothing worse than when you have someone who doesn't know how to do their job effectively. I've seen some service providers kill the deal for people and I can insure quality service regardless of what service you're looking for.
A Straight Forward Approach: One of my favorite aspects about my job is giving you the information you need to make or in some cases, not make a decision. Some agents confuse this concept with a, "you need to do as I say" or "you're on a need to know basis" mentality. Not me! My job is to tell you what I know, I might even tell you what I think (if you ask) but when it's time for you to tell me which way you want to go, it's all yours. I respect your decision and know that there will never come a time when you say, "Gee Shannon, I wish you would've told us....".
My concept is simple! I want your deal today but furthermore, I want your sister's deal, your boss's deal, your grandmother's deal, your next deal, the one after that and the next one and...well I think you get my point. The best way to achieve the luxury of your repeat and referral business is to offer an exceptional service.
You want a superstar to list you property just like you want a superstar to do anything for you that requires service and expertise. Marketing Naples real estate is something I am passionate about and something many say I do better than anybody else. Click the pictures below for descriptions of the listing services I provide to those who choose me to sell their real estate. Click here for more listing services!
Specializing in the Naples Florida luxury lifestyle properties including:
Specializing in the Naples, Florida luxury communities including
Shannon Lefevre is a fabulous Realtor. Her knowledge of the Naples housing market was second to none, she was always in control, and never seemed to be caught off guard or surprised by any situation that arose. Shannon was always on top of my open houses and provided me with prompt and honest feedback so I could make important decisions with confidence. Shannon was someone who listened to my goals and helped lead me in a direction that was so easy to follow. Meeting my goals took no time at all, and when I was working with Shannon, I never felt like just another client. Instead, I felt like I was her only client and also a friend.
Kathy Hoeft MPT ATC
Director of Fitness
The Health Club Of Naples
To whom it may concern:
I welcome the opportunity to briefly describe the excellent job that Shannon did in assisting us with our real estate problem. We were attempting to purchase a property 60 miles from where we were living. Shannon not only brought the contracts 60-70 miles for our signatures, but assisted in arranging for inspections, repairs and helped coordinate the closing date to coincide with all the various schedules. Any calls placed to Shannon were answered promptly and always with a positive and happy attitude. Shannon is one of those rare individuals who combine complete professionalism with a great attitude regarding her clients. Currently we are involved in another property transaction with Shannon, which I know will be handled with as much enthusiasm and as efficiently as our first experience.
Dr. & Mrs. William McCallum
Shannon has worked really hard and went beyond the call of duty. We never anticipated for things to move as quickly and smoothly as they did. She is a pleasure to work with.
Sallie Bailey
Shannon was extremely helpful and truthful. She quickly answered our questions and I was very pleased with her personal care.
Larry Barnes
When we first met Shannon, we were both struck by her enthusiasm and dedication for her profession. She was knowledgeable of property availability, financing options and the legal aspects of buying and selling. Instead of just trying to sell us any house, she really set out on a quest to find us just the right house; one that would suit our needs and desires. She was available to answer any and all of our questions from the writing of our contract through closing. She acted with great diplomacy when dealing with the seller who was a seasoned agent. Shannon walked us through our search for a home from start to finish and turned what can be a very intimidating experience into something very pleasurable. Not only did we find the home we wanted, we found a new friend in the process.
Ronald & Jeannie Stinson
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