Bay Colony Homes (single-family):
13 Bay Colony homes are currently for sale.
The Strand at Bay Colony is absolutely on fire! There have been 3 magnificent homes on the market in The Strand at Bay Colony this year and already two of them are pending contract! That's over 30 million in sales (list prices) so far for that little gem of a neighborhood! There's only one left so if you've been keeping your eye on The Strand at Bay Colony, you might get on it!
Bay Colony Shores is absolutely not on fire. This glorious subdivision is at a complete stand still and has been since December, 2007. With a whopping 12 homes on the market and 15 months without a sale what is one to think? Bay Colony Shores once considered one of the most gleaming and prestigious neighborhoods of it's type is going through a sort of a mid life crisis. Most of the homes in this neighborhood were built in the early to mid 90's and are really starting to show their age. I don't necessarily mean, throw on a coat of paint and maybe re-carpet...I mean rip the pickled wood off the ceiling and take those goofy borders off the wall and replace those really ugly cabinets and since we're going to replace the cabinets...let's do something brave like venture away from the Corian style countertops and go for something a little more bold like granite or stainless steel!
Most property owners are still asking well over 2 million on the short end of the scope all the way to well past 7 million and although I haven't been in every single home in Bay Colony Shores, I've been in 9 of the 12. There wasn't anything that really blew my socks off and apparently they're not blowing anyone elses socks off either. In fact, the whole neighborhood is facing an interesting predicament. The worst home I've seen is well...a real circus act. Not to be mean but it's really a full gut job. I won't give away which one it is but let's assume the buyer for the property is going to either be a remodel flipper (we may have about 2 of those left right now) or a buyer who likes a project ( we may have less of those) Ok so we have 2 viable people we can pitch. If it isn't priced well...and I mean REALLY WELL...guess what! Everybody get really comfortable because it ain't going anywhere for awhile.
One of the strangest phenominons I've seen is how shunned expensive and once impressive outdated homes can be.Current buyer's seldom are looking for that kind of project and remodelers or investors want to see a completely crazy ridiculous deal to bite on a project of that magnitude. Since the current market isn't guaranteeing big spenders right now, that prospect base is very small.
What's the option for current sellers who have product like that they can't move? If you really want your price, take it off the market. It's just going to sit there and take up space on MLS and time from agents who should be working a little smarter anyway. If you REALLY want it to go away...then MAKE IT GO AWAY. Put it at a price that will either transform that buyer who doesn't want to do anything into a full on project manager or raise the dead...I mean wake the senses of those few remaining remodeler/investors who just can't say no to your new price. But one word of caution. No crying about what they sell your home for after they do all that hard work. They're in it to make money and if they can't make money they won't buy the house to start. There's one last option I suppose...you could do the work yourself but here's the thing, consult someone who knows what's working for todays buyer if you're going to go through the drama of remodeling specifically to sell. It can be very time consuming and expensive and if you update your home with a bunch of selections that you find great but nobody else does, you'll be in the same exact boat you're in right now and since we're talking about remodeling mistakes...no shortcuts. You're only insulting the intelligence of a buyer and/or a Realtor when you pretend you paid alot more for a remodel than you did. Many of us have been involved in that kind of work before and we know expenses. Consulting professionals is always the key if you're not one yourself.
For more information about Bay Colony homes or how to move your Naples Florida real estate, contact me direct!
Best Regards,
Your Naples Smart Girl
Shannon@ShannonLefevre.com
239-595-6223
It's hard to believe it's possible to miss out on a Naples property you have your eye on in a real estate market that barely seems to be moving but it is in fact happening. The last couple of days I've heard a few stories about how a slow moving buyer has missed out on a fabulous opportunity and has been left with a feeling of serious rage and disgust for just about anyone else but themselves for missing out. My how the allegations can fly.
Let me tell you a secret...that old cliche, "you snooze, you lose" still means something even in the slowest of markets!
Here are a few tips you can use to prevent from being one of the select few who are running around Naples Florida inwardly thinking, shoulda, coulda, woulda and outwardly spewing: I got screwed.
1. Once you've identified a great "deal" that fits your personal needs...do something. Consider whether the property is that great of deal. If it is, guess what...it's high season. Chances are it will probably sell this season so you need to be prepared to do something fast (yes, even in this market).
2. Doing something and doing something smart are not the same thing. If you want the property. GO GET IT. That means have your Realtor write up a real honest to goodness contract with all of the specified terms and conditions that are acceptable to you, sign it and have it presented. Verbal offers, napkin offers, partial email offers and smoke signals are rarely if ever taken seriously over real paper contracts should you find yourself in a competing position....even if the terms are what you consider better.
3. Fooling around with terms will probably help you lose the property. A few of us around here use the term "intelligent offer". For example, if you come in at a ridiculous price expecting the seller to negotiate respectfully, you're probably going to get your feelings hurt when they do one of two things. The seller may choose to respond back with a counter that is equally unintelligent or they may choose to not respond at all. Despite our encouragement to get them to do something amicable sometimes these sellers have seen and heard enough from people just like you...who came in before you and they simply don't have the strength or stomach to respond better. Offer a fair price...something you can explain on paper INTELLIGENTLY and chances are you'll get an intelligent response and even a response that will result in an effective contract.
4. Just because it's listed for a certain price doesn't mean it's going to sell for a certain price.If you're one of those people who have kept your eye on a property only to see it sell and then only to be sickened more after finding out what it sold for...shame on you. Just teasin...but seriously, get on the horn and ask your Realtor to do a little research for you. Some sellers...not all sellers...but some are in fact negotiating. There in fact have been times when sellers have turned down offers, contemplate for a week or two and gone back to those original buyers and said, "ya know...we've thought about it...and we'd like to take you're offer". You'd be amazed at how many times those deals don't work out for various reasons but every once in awhile they do. It's kind of like the lottery, you can't win if you don't play. I want to follow this up with a word of caution though...be prepared to pull the trigger if you should be so fortunate for this to happen to you. Don't expect this to work if your original offer was really stupid...for lack of a better word. It really only works for those lower but still intelligent offers.
5. So you're paying cash...that's great! So are alot of other people. For some crazy reason many people coming down here to purchase seem to think they're the only cash buyers in town and that term alone will win them the deal of their dreams with little respect to the other terms on the contract. We average about 50% cash and 50% loans in our market and for our more prestigious locations it's probably closer to 85% cash, 15% loans or higher. I can't remember the last time I was able to refer a lender. Many people end up doing a loan throughout the escrow period but few are concerned about qualifying and if at worst case scenario are prepared to pay cash anyway. This term should not be considered your only "ace in the hole" here. It's actually quite common.
6. If you're hearing there's alot of traffic on a property, it might be true. Oh, I wish I could say that it's always true but we know there are some agents who are anxious to see a deal. I've learned that after I ask, "how has your traffic been", and I'm told that a property has been really active, to ask more probing questions to see if they can confirm their answers. I might follow up with, "Great! How many offers have you seen"? or, "is that open house traffic or real showing traffic"? I also might say, "what's the most common feedback you've heard so far". You can learn alot with additional probing questions and of course, if you know the people you're talking to, that certainly helps. We have a great deal of straight shooting Realtors around here and we have a few agents who like to stretch the facts a little. A great Realtor will usually be able to determine quickly who they're dealing with.
7. The last tip I can give you today isn't really a tip at all but more like a check. If by chance you do lose that deal of the decade...it simply wasn't meant to be. Not that I'm too much of the "If you love something let it free" kind of person but a few times I've seen people really turmoil over missing out on a property only to find a better house or a better deal or sometimes both in a pretty short time frame later. Give it your best shot and if you still miss it, you'll get one. Keep at it! Naples is well worth it anyway!
Best Regards,
Your Naples Smart Girl!
It appears the Naples Area Board Of Realtors has catapulted its membership into perhaps the next thing regarding Web 2.0 and real estate marketing! Just today they released a number of new required fields when inputing a listing in our local MLS system. The field most interesting is the "Blogging" field.
The description of this new field reads as follows: - A new required field "Blogging" has been added. This field controls whether blogging or comments regarding the property are allowed. If your seller wants the property to be used in blogs, select Yes. If your seller does not want the property to be used in blogs, select No. The default is No. (Note: This refers to VOWs. Please see the BEAR and Naples MLS Rules on VOWS.).
Without losing my entire audience by posting the entire 5 page description of what a VOW (Virtual Office Website) is and how the rules on VOWS read, I'll simply state what it doesn't say.
It doesn't say anything about how you can blog about another agent's listing. I HAVE TO ASSUME that since we're supposed to COOPERATE FULLY WITH OTHER REALTORS, bashing other agents listings is not only inappropriate but also still against the rules. I might have thought, that little tid bit of information would have been appropriate in the description above but quite frankly, this is just my assumption.
Without going in a completely creepy direction...let's envision how remarkably neat this might be.
First and foremost there are a total of 440 agents in the Naples area who currently have a profile on Active Rain. Now granted, not everybody is still active and yes there are quite a few profiles who are no longer in the business but that's probably the same for all markets. There are approximately 1,622 Realtors active with the Naples Area Board of Realtors. That's a pretty big difference compared to the 5,000 Realtors who shared my market place just a few short years ago but again, no surprise.
That means that just by a quick look before Naples Realtors had a bunch of free stuff to talk about, Active Rain held about 25% of the possible market share of Naples Florida real estate bloggers. Not bad!
Let's take a look at how this changes things! What if only 25% more Naples Realtors start blogging because now they have a ton of new content to write about! Just looking at the first day of this new change, I can write about 24 listings that hit the market today. Granted, that's less than half of the new listings that hit the market today but that's still 24 more properties I can expose to the world. If just 25% more people (around 400 more Naples Realtors) wrote just one blog post about those 24 properties what kind of content would hit the net each day and how could that expose Naples, Florida to the possible buyer prospect base around the world? Now isn't that thinking cooperatively!?! So much for real estate being local!
Crazy...don't you think?
In all the time I've been following Pelican Bay, I've never seen a better deal than the one I saw today! There is currently a condo in Laurel Oaks listed under $250,000. That price is outrageous! After speaking with the listing agent today, the seller instructed him to list it at a price that would cause it to move immediately which at this price, it will!
If you've been itching for a deal in Pelican Bay you need to move on this quickly! This unit is a 2 bedroom, 2 bath and will probably sell this weekend if not sooner.
For more information regarding Pelican Bay or Laurel Oaks at Pelican Bay, contact me direct!
Best Regards,
Your Naples Smart Girl
239-595-6223
shannon@shannonlefevre.com
I just launched La Mer at Park Shore on my Naples Florida real estate website. From www.ShannonLefevre.com you can:
This is part of my continued effort to help make purchasing and selling Park Shore real estate easy and fun. This is just one of the reasons why you'll want to use me to help you with your next Park Shore transaction. For more information regarding La Mer at Park Shore, contact me direct!
Best Regards,
Your Naples Smart Girl!
 |
|
|
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
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
