I am a Realtor and a resident of Palmetto Bay - I know the area.
Your house is overpriced - a lot.
Today, for $900.000 you buy a 5/4 waterfront house in Pinecrest with 24000+ lot.
If you really want to sell now, your price has to be revised, otherwise, wait for better days.
I have written many articles to help sellers in South Florida - you will get ideas on what to do differently or what to add to your current marketing strategy and make sure your Realtor does regular CMA's so you know what "comparable sold" properties have gone for.
Have you had anyone look at the property and pricing and compared to similar homes in the area? It doesn't make any sense that it hasn't sold? Have you gotten any offers? There might be a problem with the marketing? Do you even have it listed? Let me know if I can be of any service to you.
Javier Olmedo, ABR, GRI
Florida Realty of Miami
Houses sell on condition, location, marketing (exposure), price, and now the market conditions. The condition and location are great at 16021 SW 77Ct ( didn't see anything active at 16001. Now you have 11 houses in Palmetto Bay originally listed above $1M and under $2M. Many have lowered their list price. Price is a key trigger that you need to consider especially in today's price sensitive market. For example, in the period 2/09-7/09 in that price range zero (0) properties have sold in Palmetto Bay. As for the exposure that you house is getting, you'll need to ask you Realtor. I hope this helps.
How does it look online and in person? What does your property say to buyers?
- same as the others
- or , wow , we need to put an offer on this property - it looks like home.
Have you considered having a home staging consultation to finfd out what buyers think?
Over 85% of buyers search online before visiting a listing, does your's stand out in the online photographs?