I’ve always been an analytical individual, a vice I wrestle with constantly. I would like to share some observations and perhaps help buyers and sellers understand some of the actions we see on the internet with properties that are for sale in Tampa Bay Community.
From May 5th through May 31st. five homes reduced their price, on 10424 Old Tampa Bay, 10512 Collar, 11103 Dormie Dr., and 29331 Schinnecock Hills Ln. and 10257 Hyannisport Loop. Not that these were extremely high priced, they had elements that created a reduction and to raise awareness to all the awaiting buyers watching properties in Tampa Bay Golf Community.
From June 1st through June 15th four currently have reduced their asking price, 10045 Old Tampa Bay, 10163 Hyannisport Loop, and 10372 Machrihanish Cir. 10333 Moshie with a $5,000 reduction!
Some of the price reductions are $1,000, $500, or as little as $100. The reasoning behind this is to raise the level of awareness that buyers & buyers agents are monitoring so it pleases the seller, brings activity to the active property or actually produces a qualified buyer. I’ve used these practices and am not afraid to share the reasoning behind some of the madness buyers, and sellers seem to question.