Things to Consider When Selling Your Lakeland Sandpiper Golf Home for Sale
Selling a Lakeland Sandpiper golf home for sale can be more complicated than a regular home sale.
As in all types of real estate sales, price is the main determining factor of how fast your Lakeland Sandpiper golf front home will sell.
Determining the right price for a Lakeland Sandpiper golf community home for sale is where things get a bit trickier since it requires more evaluation and diligence on the part of the seller.
Here are a few important things to consider when selling golf homes in Sandpiper Lakeland Fl:
1. Market value
Your agent should give you a comparative market analysis to help you come up with the right price based on comparable homes sold in your area in recent months. The strategy is to price your home within 5% of the current market value to get the best price and attract more offers.
2. Available inventory
If there are 6 available homes for sale in the Lakeland Sandpiper Golf Community and only 2 have sold in the past year, your community has 3 years worth of inventory. This may be an indication that some of these homes are overpriced, especially since most golf communities in Florida are now back to less than 1 year of inventory.
If the inventory is too high, it can also indicate problems other than the price of the homes. Possible problems could be extremely high community memberships or HOA fees, high annual dues, internal problems with the developer or members, etc.
If you are selling in a negative market like this, the best thing to do is be competitive with your price or be creative in attracting buyers with incentives.
3. Situations in surrounding golf communities
Sometimes, pricing and selling decisions could be influenced by what's happening in nearby golf communities. If competing golf communities are becoming more aggressive in marketing their Lakeland golf front homes for sale by lowering their membership fees or offering buyer incentives like free annual HOA fees, you might need to match their programs or lower your price to compete.