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buyers: Miami Real Estate Models for everyone - 11/14/07 03:23 PM
There are many different real estate models in Miami and as much I would like to say that one is better than the other, the fact is that different people (whether buying or selling Miami Real Estate) will have different preferences.
The idea is that each particular customer should study their options and identify their needs. Telling you that our full-above-and-beyond real estate services are your best choice would not be right since this may not be what you are looking for.
Just recently we were working with a Miami real estate buyer that was pre-approved, very motivated and ready to go. We had … (23 comments)
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buyers: Florida Home Inspections - will they protect you? - 10/02/07 09:52 PM
Did you know that home inspection companies are not regulated in the state of Florida? This means that anyone can call themselves an inspector, no matter what their qualifications are. Did you also know that there are a lot of home inspectors that make themselves look good by printing out really pretty reports that do nothing to protect a real estate buyer?
As a home buyer, you want to protect yourself by hiring a good home inspection company that gives you a thorough report detailing the condition of the property. The whole inspection process is designed so that you, as a buyer, … (22 comments)
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buyers: Jake the snake is back! - where do these investors come from? - 09/16/07 11:02 AM
I wrote a post a while back called Investors that leave a sour taste in your mouth. There I told you about the manipulating tactics of one particular investor we had dealt with who wanted us to draft a fraudulent offer. Take a look at the comment thread because it is hilarious.
Once we scared the tail out of Jake the snake and told him he was aking us to commit mortgage fraud, which is a Felony, I really thought he would be out of our lives forever.....better than "SNAKE OFF". But no, to my disappointment, Jake is back. The purpose of sharing … (52 comments)
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buyers: Working without a Realtor has more advantages - 09/08/07 06:36 PM
We went to show one of our listings today to a buyer not working with a Realtor. Of course our goal is primarily to sell them that house, but it is also to gain that buyer as a customer. This buyer is different - she has done her homework, she knows the inventory, the price per square foot, the recent sales and how long properties have been on the market.
When we asked why she is not working with a Realtor, her answer was that she thought she would have a negotiating advantage if a second Realtor was not involved.
We all have ways to respond … (87 comments)
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buyers: Contemporary Gem in Miami's Upper East Side - SOLD - 07/21/07 03:19 PM
This Ultra Modern, Upper East Side Home in Miami will satisfy your hunger for contemporary architecture.
It is located at 696 NE 68th Street - Miami, FL 33138
FOR SALE $995,000
A custom 3-story home built in 2005 with all the modern amenities and necessities imaginable. The house has a state of the art alarm system with closed-circuit video monitoring – cameras can be seen on the perimeter of the property.
The home’s modern architecture is complimented by the materials and finishes throughout the house. The floors in the ground level are polished concrete, the stair landings are natural wood, … (42 comments)
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buyers: Investors that leave a sour taste in your mouth - 06/27/07 04:30 AM
I've been debating whether to post this or not and finally decided to go for it to get your opinions.
I would like to set the tone for this story about a Real Estate Investor who I will call JAKE. Jake purchased one of our listings before. He called without an agent, claimed he did not have one, we showed him the property, gave him comps, and did other due diligence.
Several weeks later, we received an offer for that property from Jake's real estate agent. Although felt somewhat disturbed by Jake's ways, we decided to try to negotiate the best deal possible for our seller. The offer had the typical … (85 comments)
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buyers: Fisher Island's life line - 06/21/07 07:58 AM
Fisher Island, the private residential community only accessible by private ferry and helicopter, is looking for options for dock space for their daily barge service that carries food, household supplies and construction materials across the bay. This daily barge is considered the island's "life line" since it provides residents with everyday necessities and according to Mark James, president of the Fisher Island Community Association, the barge is "essential for our survival".
Fisher Island had a 10-year lease with The Port of Miami, and after not being billed for some years, settled on $1.135 million in port fees. The Island is now looking … (19 comments)
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buyers: Real Estate Questions answered with conviction - 05/22/07 12:51 AM
Real Estate is full of questions, many of which we know the answers to , and others which need investigating. Just this week, I worked with some buyers that hired me for my architectural expertise, knowing I can help them identify design elements in a property, possible problems as well as answer questions about construction.
We walked into a great historic property that had updates and a master suite addition. While looking at the property, my customer asked the seller's agent if the new windows were impact resistant (impact resistant windows are extremely popular in South Florida now, after the busy Hurricane … (40 comments)
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buyers: MLS information - is it current? - 05/14/07 12:49 PM
A lot of Real Estate Agents do regular market reports of the areas they work in order to inform their customers and consumers of pricing, amount of inventory and current market trends. I can speak for myself when I say that I get this information directly from my area's Multiple Listing Service (MLS).
It has been common knowledge that some of the information on the MLS is not properly updated by listing agents, but what I have found lately is pretty frustrating. In South Florida, it is the responsibility of each listing agent to keep this information updated, but Brokers should be … (83 comments)
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buyers: Miami Real Estate Dilemma - 05/11/07 11:04 AM
Talk about a real Miami Real Estate Dilemma! - I have to tell you about this current situation with a real estate customer and we would like your opinion on this matter. Who do you think dropped the ball?
We have a seller that accepted an offer from a more than qualified buyer and everything seemed to be going perfectly.....until......let me tell you the sequence of events so you can know the facts.
The buyer came in with a very strong contract:
20% down in escrowpre-qual letter for a loan amount in excess of purchase priceinspections were doneappraisal was perfectcondo approval completedcommitment letter from lender receivedclosing date … (28 comments)
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buyers: Market Conditions for Miami Shores, Bay Harbor Islands, Surfside and Biscayne Park - 05/08/07 12:36 PM
For the month of May, we decided to show the real estate market conditions for single-family homes of four cities within Miami with the purpose of comparing the different markets. The cities I will be showing are close to each other geographically, but with obvious price range differences. These numbers were pulled directly from the Multiple Listing Service and reflect conditions for 2007.
There are currently 201 single-family listings in Miami Shores, Florida:
Highest priced listing: $3,950,000 Lowest priced listing : $317,500Properties currently under contract: 13Closed properties since 1/1/2007: 36 There are currently 17 single-family listings in Bay Harbor Islands, Florida:
Highest priced listing: $6,000,000Lowest priced listing : … (17 comments)
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buyers: 10 tips for writing good Real Estate descriptions - 04/18/07 02:38 PM
I have compiled a list of tips to write good descriptions for real estate properties. Please feel free to add to the list.
1. Don't over-describe the property - you will only disappoint customers when they come face to face with realily. (Creating false expectations is the worst thing you could do for the property).
2. Don't under-describe the property - in this case "less is not more," leaving it up to the imagination is not a good strategy.
3. Be honest - builds confidence and attracts customers.
4. Avoid discriminatory "buzz words" - (The Fair Housing Act makes it illegal to advertise any preference or limitation or encourage … (67 comments)
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buyers: How to register your customers and show absolute insecurity - 04/18/07 03:51 AM
Something happened to me today that I wanted to share, share so we can either learn what not to do, or share to show how desperate some agents are right now. Either way, here's the story.
I received a telephone call from a real estate agent wanting to show one of our listings in five minutes. I happened to be close by, in between appointments, the house is vacant and told her I could definitely show her the property. She arrived with her customer, looked at the house in detail, including the back yard, asked very intelligent questions about the area and the condition … (61 comments)
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buyers: 758 NE 90 Street #514 - Miami, Florida 33138 - 03/19/07 11:08 AM
758 NE 90 Street #514 - Miami, Florida 33138
THE PRESERVE TOWN HOUSES - A Cornerstone Community
FOR SALE $298,000
An upscale, quiet gated community within walking distance to bank and shopping. Bright and airy with open kitchen and eat-in counter space. Sliding doors from living area open to a quiet yard, a lovely place to enjoy South Florida living. Master bedroom has excellent closet space and beautiful bath with Roman tub and separate shower. Private garage for added storage. Centrally located for access to Miami Beach, both airports, Fort Lauderdale and Coconut Grove. Also has washer and dryer inside … (11 comments)
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buyers: My People are big on Permits - PART II - 03/13/07 01:19 PM
This post is a continuation of another blog I wrote a couple of weeks ago; My people are big on permits. It may make no sense if you don't read the first one, so take a look.
Here's the summary - we are working with a buyer who likes a property that has been completely remodeled, we later find out that only some permits were pulled for the work and these were not finalized (no final inspections). We explain all the repercussions involved in buying a property in which no permits have been pulled and the buyer agrees to do very thorough inspections to make sure all the … (45 comments)
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buyers: 9072 Dickens Avenue, Surfside - Florida, 33154 - 03/06/07 11:23 PM
9072 Dickens Avenue, Surfside - Florida
FOR SALE $ 495,000 **REDUCED**
This Surfside Home is within walking distance to the beach, Bal Harbour Shops and restaurants. It has incredible potential and is located on a quiet street, centrally located, just minutes from Miami Beach and Miami.
This house is in need of cosmetic work, but you don't have to start with a blank slate. It has a great floor-plan, a new (3-year old) flat concrete tile roof and a one-car garage. If you are a buyer who can envision a great space, don't miss this one, one of the lowest priced … (10 comments)
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buyers: The waiting game - YAWNnn - 03/02/07 06:33 PM
We ALL know it is a buyers' market, but does that mean buyers have the right to keep you waiting? Being a seller in a buyer's market means that:
you need to be flexible you need to be available you need to be VERY PATIENT Just today, with 4 different showings this is what happened.
Showing number 1: scheduled for 12:30 PM - I called the buyer's agent to confirm and they said they were running on time. At 12:40 PM they were still not there, when I called to see if they were close by the agent was very belligerent and told me to wait. … (22 comments)
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buyers: Above and Beyond - where to stop - 02/25/07 06:06 PM
We recently sold a listing of ours and had to do certain things that go beyond the duties of a real estate agent. It's what Rick and I are about, we go beyond our duties, do it to help our real estate customers, do it gladly and with no regrets.
Scenario - one of the contract conditions by the buyer was that everything be removed from the garage, including an old refrigerator. The sellers had already moved out of town, agreed to clear the garage the weekend before the closing and the garage would be ready by the walk-through date. The closing … (64 comments)
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buyers: My people are big on permits - 02/20/07 05:23 PM
This is a true story and I don't know whether to laugh or just shake my head back and forth in disbelief. The intention of this story is not to point a finger and laugh, but to hopefully educate some agents into doing their due diligence and getting information about their listings.
I have been working with a buyer looking for a home near her place of work. We have seen all kinds of properties within her price range, from the highly overpriced and meticulously maintained to the highly overpriced dumps waiting to fall apart. Last week we walked into a really … (72 comments)
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buyers: Trust your Realtor - South Florida Real Estate Market - 02/14/07 03:28 PM
Our goal with this blog is challenging. Although we are Realtors and we do sell properties, we want our customers to trust us and to know that we represent their best interest. We have established a great reputation and hope to convey that message to our readers. I want to thank Rebecca Blood who has inspired me into writing more in depth about what we do with the idea of establishing a clear road of communication where we can dialogue openly and honestly about our market.
Rick and I specialize in the South Florida Real Estate Market, specifically The Miami Shores and … (35 comments)
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Rick & Ines - Miami Beach Real Estate
Miami Beach,
FL
More about me…
Majestic Properties
Address: 35 NE 40 Street, -Design District, Miami, Florida, 33137
Office Phone: (305) 758-2323
Cell Phone: (305) 206-9366
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