Real Estate Bottom ~ Hilton Head Island, South Carolina
Dear Clients, Friends and Fellow Associates~
Timing is everything! Bottom is either here or very near and we can negotiate it for you. The indicators for this “buyers alert” include two very simple laws that real estate is governed by.
The First Law of real estate is “Supply and Demand”. As supply decreases or demand increases, real estate prices firm or move up. Last month on the Island we sold another 40 homes and 41 villas. The key to buying right is to negotiate price when inventory is in place. Keep in mind the market is building from the bottom up and the top down with premier locations going first. Supply is finally decreasing on the Island.
The Second Law that real estate is governed by is “Cause and Effect”. The news is getting better almost daily. We have been able to negotiate asking prices significantly in the past few months because of the economic conditions, however sellers will become more embolden as they see these conditions improve.
YOU CAN NOT START YOUR RESEACH TOO SOON! If you are interested in finding the perfect property and negotiating a great price, please do not hesitate to call or e-mail me us today. We will put you on “Market Watch” and e-mail our ideas to you. We look forward to your reply. Thank you.
With Respect,
Robbie Bunting &
Jane Hyers
P.S. In the past few weeks we have noted buyers negotiating contracts before they hop on a plane or drive here. This can be done with a simple contingency stating “subject to a satisfactory on-site inspection by purchaser within ___days”. In this way they guarantee that the property will still be available when they arrive! (This is certainly another indicator that bottom is near or here!)
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