In Florida, The luxury real estate market is in a delicate phase due to slowdown and change. A fact that leads the responsible companies to develop strategies in the face of low demand from buyers.
This situation resulted in the balance tipping in favor of the new owners, who hope to complete a property in 2026. To achieve this goal, entrepreneurs must negotiate aggressively.
“Don’t be afraid to be aggressive at the negotiating table. Take advantage of these market factors.” and a slower transaction phase in its favor,” he emphasized. Zack SimkinsManaging Director of Vaster published in statements for Miami Herald.
Experts emphasize that there should be no concerns about developments in the coming months and therefore the use of competitive strategies will be necessary to differentiate their respective projects. “They integrate different brands, restaurants and designers.”he added Eduardo Otaola, Director of constellation group.
After the difficult post-pandemic period, developers in this part of the United States see it as an obligation to build new projects that include exclusive benefits for their owners, thus covering the investment in line with the acquisition of expensive land.
Analysts agree on a drop in prices and real estate liquidations due to the validity of new tenant law.
“There’s nothing really supportive or supportive to the luxury market,” he said Peter Zalewski, South Florida Condominium Expert.
After last year’s price volatility, buyers will likely hold their breath, analyze their new bets and try to turn to experienced developers.
Therefore, the alliances of these entrepreneurs with recognized brands will make it possible to convince all those who are undecided. “They trust the brand and have done their due diligence,” said Fernando de Núñez y Lugones, managing director and founder of Vertical Development.
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