It’s Shark Season in Cabo
It is of dire urgency, if you are indeed in the market to purchase a property in Baja California Sur, that I share with you an important warning…
It is shark season
There are sellers currently on the market and listed within our MLS system that can smell blood in the water. I hate to speculate but I believe their intention is to take advantage of the unprecedented interest that has swept the entire peninsula and sell to unsuspecting buyers using inexperienced agents at prices that would make Gordon Gekko blush.
This week both a buyer and a seller contacted me to meet and discuss their potential purchase and listing, respectively. Both were priced at nearly $700,000 USD over replacement value. As far as I could tell, there was no rhyme or reason besides “shooting for the moon.” It was tempting to publish the specific listings in this blog but thought better of it, it’s bad juju.
To be confident of my valuation however I did visit both properties to make sure that they were not built on top of diamond mines but, alas, no it was just as suspected.
If you are planning a purchase, leverage our years of experience to make sure that you don’t grossly overpay for your acquisition. As a reminder buyers pay no commissions and no fees for our services. It is “free” to you.
In brief, allow us to swim with the sharks so that you do not have to.