[kpd3062]

Are the pre-owned homes listed for sale through the Villages sales website negotiable? I’ve heard they don’t negotiate on The new homes but wasn’t sure on the existing homes.

[dewilson58]

Originally Posted by kpd3062

Are the pre-owned homes listed for sale through the Villages sales website negotiable? I’ve heard they don’t negotiate on The new homes but wasn’t sure on the existing homes.

yes

[retiredguy123]

Definitely. I think we will soon be in a huge buyer's market where you will be able to negotiate a very good price on a pre-owned house.

[VillageIdiots]

Pre-owned, absolutely. However, if someone is selling that has lived in it less than a year, you probably won't get much movement. You are only allowed to sell within the first year for what you paid plus what you can prove you have spent on it, so even at list price, the owner is, at best, breaking even.

[thelegges]

Not a buyers market, inventory is low for certain homes. Got into a short bid war on 3 different homes.

[Stu from NYC]

yes

[DDVeteran]

The typical discount from list price is 96-98%

[retiredguy123]

Originally Posted by thelegges

Not a buyers market, inventory is low for certain homes. Got into a short bid war on 3 different homes.

Just looking at Zillow and The Villages listings, it appears that there are currently about 865 preowned houses for sale in The Villages. That seems like a lot of houses.

[davem4616]

Originally Posted by kpd3062

Are the pre-owned homes listed for sale through the Villages sales website negotiable? I’ve heard they don’t negotiate on The new homes but wasn’t sure on the existing homes.

yes, absolutely they are (but doubtful until they've been on the market awhile)

always take a look at 'days on market'

sometimes people will hold tight, sometimes they just want to get it over with and will accept a reasonable offer

you just need to be prepared to walk if the seller won't budge and you're not willing to come up...the seller may come back to you

20 years ago we made an offer below what a fellow wanted for a condo on a really nice lake...he turned us down and counter offered us

when he turned our initial offer down my wife decided that she really didn't want that condo, and because he rejected our offer we were off the hook...so we walked and bought a house near the seashore

the guy chased us for another 2 weeks with offers that made the deal even better than what we had originally offered (apparently he needed a quick sale)

we've bought/sold 8 houses...each deal was different....three were new houses...some didn't include a broker

there were a few where we said to ourselves...'that's the one...let's just do it'...

ya never know how the deal is gonna go down

[Carla B]

Originally Posted by DDVeteran

The typical discount from list price is 96-98%

Really? Or do you mean 2 to 4%?

[retiredguy123]

Many years ago, I looked at a rental house that was listed for $60K. I offered $20K in cash, and I was shocked when the offer was accepted.

[Stu from NYC]

Originally Posted by retiredguy123

Many years ago, I looked at a rental house that was listed for $60K. I offered $20K in cash, and I was shocked when the offer was accepted.

Really?? wow

[billethkid]

Originally Posted by retiredguy123

Definitely. I think we will soon be in a huge buyer's market where you will be able to negotiate a very good price on a pre-owned house.

Why?
The demand has not gone away.
Yes the demand is temporarily stalled due to impact of the virus on travel/showings/etc.
But demand has not gone away.
They will be back.
The early birds will no doubt get the best deals mainly because there is a more than normal number to choose from. However, that will not last.

[DDVeteran]

Originally Posted by Carla B

Really? Or do you mean 2 to 4%?

...as a percentage of the list. But, you knew what I meant.

[thelegges]

Originally Posted by retiredguy123

Just looking at Zillow and The Villages listings, it appears that there are currently about 865 preowned houses for sale in The Villages. That seems like a lot of houses.

Looking for certain view, with with pool or space for one.

Only 4 that have been worth looking at. Bid on 3. Both vls and mls say this is the lowest inventory in years. This will be 4th and last home, so needs to check most of boxes