It's not enough to have your agent set up an auto-search in the MLS system, because most agents are going to set up the search to show you only the new listings. You also want to see what goes Pending and what Closes.
Pending Sales - These are not really sales but pending "offers." You will want to watch these to see what areas are seeing activity, as well as to see if any of these fall through and come back on the market. You see, if the home was pending for a month or two, and the deal falls apart, you can bet the seller is now more anxious to sell. So if you are in the market for that home, you will want to jump on the opportunity of a Pending Sale that falls through. So make sure your agent sets up your auto-search to include Pending Sales, Pending Sales with Contingencies, and also Pending Short Sales. Some MLS systems only have one category for Pending, but others have all three.
And one more thing . . . you will want to make sure your agent sets your auto-search to notify you of status changes.
Sold - If your agent is not including Sold listings that match your criteria, you have no way of knowing what homes are selling for. When a listing goes Pending, we do not see what the offer was. Only when a home is Sold do we get the updated information that provides the contract price.
Auto-Search NOW - If you're looking for a home in our market, please email or call me. We service the following counties in Florida:
Martin County - Stuart, Jensen Beach, Sailfish Point, Palm City, etc.
Palm Beach County - Boca Raton, Palm Beach Gardens, Delray, Boynton Beach, etc.
St. Lucie County - Port St. Lucie, Tradition, St. Lucie West, etc.
Broward County - Fort Lauderdale, Deerfield, Coral Springs, Hollywood, etc.
Miami-Dade County - Miami Beach, Coral Gables, Aventura, Key Biscayne, etc.
Indian River County - Vero, Ft. Pierce, Sebastian, etc.
Mike Morgan, Broker - Morgan Florida Real Estate
Mike@FloridaHomes.PRO - 772-260-5448
Visit our website for a wealth of information . . . www.FloridaHomes.PRO
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Wednesday, July 29, 2009
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