The Market in Los Cabos has shifted
In the wake of the pandemic, Baja California Sur's real estate scene has been buzzing! A wave of new developers has ridden into town over the past five years, drawn by soaring demand. This has stirred up the market, turning it into a hotbed of competition with an abundance of properties vying for attention.
Finding Your Real Estate Rockstar:
When it comes to sealing the deal, nothing beats having a superstar agent by your side. You'll want someone who eats, sleeps, and breathes real estate—someone who's not juggling rentals or playing property manager on the side. A focused agent is your ticket to a swift and sweet sale, armed with cutting-edge marketing tricks that go way beyond the basics.
Pricing is the Key
Have you ever encountered agents who are willing to list your property at any wildly high price you suggest? While they may do this to win your favor, it's not doing you—or the market—any favors. The best agents are those who understand the market's true dynamics and insist on realistic pricing. Listing your property at a sensible, market-driven price can ignite interest and even trigger a bidding frenzy, even when the market feels slow. A competent agent will perform an exhaustive market analysis to fine-tune your pricing strategy. Additionally, obtaining a clever estimate on capital gains taxes (CGT) can enhance your pricing strategy, making your offer even more appealing and competitive.
Capital Gains Tax Decoded:
Here's the scoop on Capital Gains Tax, or as the locals call it, "Impuesto Sobre la Renta" (ISR). It's about 35% on your profit from selling property, but hey, currency fluctuations between the Peso and the USD could work in your favor. Also, there are nifty deductions if you're selling your main squeeze—your primary residence.
Exposure, Exposure, Exposure:
Want to get your property noticed? Listing it on both local and international platforms is the way to go. Think of the Mexican national and locas MLS as your golden ticket—it's like having a thousand agents from Cancun to Cabo in your corner, all ready to show off your property to the world.
Teamwork Makes the Dream Work:
No one sells alone. It takes a village, or at least a team of ace closing attorneys and marketing maestros, to close a deal smoothly and transparently.
The Closing Tightrope:
Navigating the closing process is an art. It's complex, crucial, and a big chunk of the selling saga. A clued-up agent can streamline this dance, keeping your stress low and your sale's value high.
Ride the Wave with me and my Team at the Oppenheim Group Cabo:
Handing over your keys to us means you're in for a smooth sail. At the Oppenheim Group Cabo, we're all about making your sale as breezy and blissful as possible.
Got questions? Need more info? Just shout. We're here to guide you every step of the way, ensuring your real estate adventure in Los Cabos is nothing short of spectacular.
Ready to make waves in the real estate market? Let’s dive in together!
