Market Information for Buyers

In a soft real estate market, potential buyers typically want to know if the market is showing signs of recovery and whether it is a good time to buy. Buyers can be classified according to their market expectations and outlook on prices.

The "Bottom Fishing" buyers are primarily concerned with prices. They usually believe that we have not seen the bottom in the market. They are looking for substantial discounts from the seller's asking price and they are willing to bid on many properties to achieve their goal. Frequently, they miss the best opportunities because the market is efficient, it is difficult to pick the bottom, and prices tend to rebound sharply after periods of correction like the one we have experienced over the last two years.

The "Value Buyers" usually believe it is a good time to buy and they are willing to pay a reasonable price for a property in a prime location or a luxury property with fine workmanship and amenities. As a result, they have a much better chance of finding and purchasing a property that will create long term value for their family.

The Best Of The Shore Team specializes in identifying properties which will produce long term value for our customers. We work closely with our clients and customers to establish realistic price expectations, which greatly improves the probability of a successful transaction. We spend a considerable amount of time understanding our customer's requirements, researching the market, and assembling a portfolio of properties for their review before we make appointments to tour the properties selected for them. We believe that it is essential for our customers to focus on specific properties and compare relative values so that they will be comfortable with their knowledge of the market and be prepared to make an informed decision when the best opportunity is identified and presented to them.

Market Information for Sellers

We are in a buyer's market, so where does that leave sellers? Sellers have little or no leverage in a buyer's market. The only factor under the seller's control is price and even substantial price reductions may not result in the sale of your property in a soft market. It will take more than a listing sign in your front yard to sell your property. You must choose the right professionals to represent your best interest and select the most effective marketing programs to promote your property in a competitive market.

The Best Of The Shore Team is working with customers that are looking for value in the market and they are willing to pay a reasonable price for properties that meets their requirements. We have access to these potential buyers via our web site where they frequently visit our "Best Values" Home Selections. We have also developed highly effective marketing programs to reach potential buyers. Click on "Listing Your Property" to learn more about our special marketing programs which are designed to expedite the sale of your property

Market Information for Investors

Even the strongest markets at the shore have experienced price corrections and there are outstanding opportunities for investors to purchase income producing properties at attractive prices. Financing is also available from local banks at attractive levels . Combine these elements with the potential for long term equity growth and you have a very attractive formula for a superior return on your investment. You also have the added bonus of leveraging your investment through a 1031 tax deferred exchange or perhaps converting your property to personal use at some point in the future.

Trading Up To Create Value

Wealth Accumulation is the goal of many investment programs and real estate is commonly a prime component of wealth building strategies. The Best Of The Shore Team is prepared to work with you to develop an investment program designed to achieve your specific objectives. Many of our clients are interested in trust arrangements established for their children's education or for estate planning purposes. We can also assist you with investments that can be tax deferred until retirement. Contact Janice or Daniel to learn more about current opportunities for investors and how we can assist you in reaching your personal financial goals.