Insider’s Guide to Buying and Selling Naples Luxury Real Estate

Insider’s Guide to Buying and Selling Naples Luxury Real Estate

  • Armand Alikaj
  • 11/20/22

Naples is an affluent part of Florida that attracts buyers and sellers alike. Its beautiful oceanside location and views, high-end shopping, and all-inclusive amenities provide many perks for sellers listing their Naples luxury real estate and for buyers looking in the area.

Follow these guidelines to learn what you need before searching or selling.

Research the local market

If you’re looking for a Naples home for sale, you should research the local market. Get to know the market conditions, such as median prices, where listings are most active, and where home listings stay on the market for a long period. When selling Naples real estate, look for signs of a sellers’ market, such as high median prices, fewer active listings, and fast-selling properties. Knowing whether or not the trends are in your favor will help you throughout the process.

Although Naples is currently a sellers’ market, its low inventory is slowly replenishing itself, which is good news for buyers. However, as demand is higher than the current supply, prices will continue to remain high for properties in the area. And because Naples is primarily a luxury market, those selling their homes can expect buyers to make good offers on their property.

Work with an agent

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Buyers and sellers should also work with a local skilled agent. Especially in luxury sectors, having an agent is valuable in finding the types of properties you’re interested in, as many luxury properties aren’t traditionally listed. An agent will also know what the area has to offer and can tell you about communities that best align with your lifestyle. When you’ve found a property you love, they’ll guide you through the offering and closing processes.

For sellers, an agent will search out interested buyers and organize home showings to help market your property. They’ll know what buyers in the area are looking for and will provide guidance for preparing and staging your home. Additionally, they’ll have contacts for service providers you may need. They also understand the current market trends and can help you price your home competitively.

A guide for buyers

As a buyer searching for Naples homes for sale, it’s important to research the area before starting your search, secure your financing for the property before making an offer, and know how to make an appealing offer.

Research the area

Researching the area to ensure it meets your goals for the property you’re investing in is important to a sound buying process. If you want an investment property that you’ll use as a rental, search for homes nearby Naples’ beaches or high-end shopping areas. Ready to retire? Find the quiet neighborhoods with great ocean views, nearby tropical nature areas, and communities that offer social events. From great golfing and hikes to cultural sights and entertainment, there’s plenty in Naples for buyers to love.

Get pre-approved

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When you’re ready to buy in Naples, secure your financing for a home. If you’re financing with a mortgage, research the different types and rates that local lenders offer, and then get-pre approved. This shows sellers that you’re able to follow through on your offer, and with desirable luxury properties in Naples, a seller may not consider your offer without one. Additionally, cash offers in competitive markets may be the right choice if you have the funds.

Make an offer

After completing your search, your agent can help you make an offer on a home that a seller will seriously consider. An offer includes your proposed price, a deadline for a decision, an earnest money deposit, and possible contingencies. You and your real estate agent will likely negotiate with the seller before closing the sale. If a seller counteroffers, you have the choice to accept, reject, or make another counteroffer.

A guide for sellers

For sellers listing their Naples luxury real estate, partner with a real estate agent, take the necessary steps to prepare your home, market your home, and negotiate the offers you receive from buyers.

Prepare your home

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Order a pre-listing inspection for a clear idea of needed repairs. If no serious problems are revealed, move on to fixing small repairs like broken light bulbs or leaky faucets. Then thoroughly clean, declutter, and stage your home. Pay attention to the kitchen, living room, and master bedroom. Don’t forget your home’s exterior, and increase curb appeal by trimming your property’s tropical landscaping and staging outdoor areas like a front porch or a back patio.

Market your home

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When you’ve completed preparations, your agent will market your home by creating an online listing. This should include professional photos to capture buyer interest, as well as a description including your home’s features and the surrounding location. For Naples homes, you might include details like its proximity to the Naples Pier, shopping centers like Fifth Avenue South, or hiking and beach spots like the Delnor-Wiggins Pass State Park. Be sure to conduct in-person marketing as well, like home showings and open houses.

Negotiate offers

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After you’ve made your home visible to the public, negotiate offers with your agent’s help. Be sure to consider aspects like how a buyer is financing, whether they’re qualified to make their offer, what contingencies they’ve included, and closing dates and timelines. You will either reject, accept, or counteroffer until you reach an agreement with a buyer. 

Following these guidelines will help ensure a successful transaction for buyers and sellers alike. If you’re ready to buy or sell a luxury home in Naples, contact Armand Alikaj, a highly skilled and experienced real estate agent who knows this Florida market.

*Header photo courtesy of Shutterstock


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