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Sarasota herald tribune home sellers survey


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Century 21 Real Estate LLC, the franchisor of the world’s largest residential real estate sales organization, today announced the results of its spring home selling survey, conducted online by Harris Interactive among 2,058 U.S. adults (18+) in May, 2013. The CENTURY 21® survey revealed that 33 percent of people currently searching for a home have been on the hunt for more than a year, and that the vast majority of them are willing to negotiate with sellers and make compromises to find their next home. In particular, prospective homebuyers are willing to compromise on popular amenities and their home’s location.

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Sarasota herald tribune home sellers survey

  1. 1. By Josh Salman, Herald-Tribune / Wednesday, May 29, 2013Home sellers across Southwest Florida are sitting on the sideline because they either still haven’t gained enoughequity to break even on a boom-time purchase or they’re simply in no hurry and believe prices will continue to gohigher.But one of the nation’s largest real estate franchisors says now is the time forhomeowners to make their move.The lack of new listings to enter the market during the past year, coupled withstrong buyer demand, has shrunk the inventory of homes for sale in Sarasota down to just 3.2 months’ worth – afigure that historically favors a seller’s market.A new survey by Century 21 affirms the notion that sellers now have the clear advantage.The Spring Home Selling Survey found sellers are now finding themselves in positions where they are gettingmultiple offers, giving them the opportunity to pursue only the best bids.In fact, 42 percent of those searching for homes have made an offer in the past six months, yet only 11 percenthave had their offers accepted, according to the survey.Also, 85 percent of home searchers are willing to go above and beyond to force the deal through, another 85percent of buyers are willing to compromise on amenities or features, and 88 percent are willing to compromiseon location-related attributes.All of that makes for a strong sellers market, the survey suggests.“For the last few years, certain homeowners have been hesitant to list their homes due to unfavorable economicconditions,” Rick Davidson, president and CEO, Century 21 Real Estate LLC, said in a statement."Today, the recovery in housing continues to gain momentum, and with so many buyers in the market who arecompeting for so few available homes, it is a great time for sellers to speak with a real estate professional aboutthe advantages of listing their home.”SHARESurvey shows market favors sellersFacebook Twitter Google Buzz Digg Stumble Upon RSS Feed Print This Page
  2. 2. Copyright â 2013 óAll Rights Reserved óHerald-Tribune Media Group ó1741 Main Street Sarasota, FL 34236Company picks upspace near BlakeMedical CenterTwo projects willbring 221 newhomes to ManateeCasey Key propertymore than triplesin valueCharlotteforeclosures fallover yearYOU MIGHT BE INTERESTED IN FROM AROUND THE WEBJOSH SALMANJosh Salman is abusiness reporter forthe Herald-TribuneMeda Group. He canbe reached at emailLast modified: May 29, 2013All rights reserved. This copyrighted material may not be published without permissions. Links are encouraged.SIMILAR STORIESWestfield to revamp Southgate mall in Sarasota( Aid of Manasota distances itself fromembattled nonprofit ( Sheriff: Burglar caught hiding in garbagecan ( proposed to be built in downtown Sarasota( home to be auctioned in August (InsideReal Estate)$425,000 in two months for restaurant investor(Inside Real Estate)[whats this]The 25 US Corporations That Pay the Highest Taxes(Forbes)No more Social Security at 62? ( Credit Cards You Should Never Close ( List of Statute of Limitations on Debt( Gorgeous Patio Ideas (HGTV)A kitchen remodel for under $5k (HomeGoods)