Readers are aware that I have not posted very many actual real estate posts lately. That's because the market has dried up. Many well priced new listings with go under contract right away while many others are so outrageously price I won't give the agents the time of day.
There are a lot of new agents in town. Be careful who you are dealing with. Ask a lot of questions. Feel the agents out. Ask them their background - what they did and where. How did they get here, how long have they been here, and how did they become the real estate expert the claim to be.
So what does the lady on the horse have to do with the return to old times in Key West? For decades both seasonal workers and long time residents would take a break from Key West and head north for cooler climates from August thru October. Local restaurants and some tourist related businesses would offer discounts to locals. After Hurricanes Wilma and Irma discounts were offered to just about anyone until a week before Christmas. This week I started to notice Locals Only Discounts of 50% Off from Monday thru Thursday at many eateries.
I have also noticed most of the hotels are not as full as they were. While there are still a lot of tourists in town, they do not look like, dress like, nor spend money like the folks we have been used to seeing for so many years.
1 comment:
Gary, Correct! I recently sold my house in July after 10+ years downtown KW. As part of the sale the realtor (3 yrs in KW), demanded a 15,000$ concession due to my concrete pilings spalling/deteriorating per a “professional home inspector” she found (?) from up the keys. I researched this so called professional. He was about 24 yrs young, and was performing this job for a mere 6 months. I told this realtor she could take her offer, concession, as well as “boy wonder” and try it on a different customer.
The buyers then hired a concrete engineer, out of pocket, who checked physically as well as pictures of each concrete piling. The engineer told me their was absolutely zero defect on my 10 year old elevated structure.
Sale closed, another true Key West story under my belt.
Buyers beware!
Keep up the great work.
Key West Jay
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