daytona realtor: Sense of Home...
- 08/17/13 01:10 PM
It happened that on a few our short sales, the Buyers were represented by the same broker.
There is a lot of similarity between us, we are both from the Soviet Union, of similar age, immigrated the same year, came to Florida from New York pretty much at the same time, and, of course, the fact that we are in the same business. We knew of each other, but haven't met face-to-face. And suddenly we were communicating a lot.
So, when there was an interesting event in the Casements (shown on this photo), a former winter residence of John Rockefeller, who spent … (14 comments)
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daytona realtor: Cuban Dictator & Daytona Condo...
- 08/16/13 11:50 AM
What a Cuban Dictator has to do with Harbor View Condominiums at 145 N. Halifax Dr in Daytona Beach?
This condo is just south from Saint Demetrious Greek Orthodox Church. But before they both were built, the land belonged to... Fulgencio Batista, the Cuban president ousted by Fidel Castro in 1959.
The Batista family bought a house on a large Intracoastal lot in mid 40s. The family lived in Daytona during Batista's first exile. Two of Batista's sons, were born in Daytona Beach. Roberto and Jorge went to school in Daytona. Even when Batista returned to Cuba and became the … (10 comments)
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daytona realtor: How Easy Things Really Are
- 08/12/13 12:02 PM
Ask a surgeon how easy it is to do a surgery. He can say that he takes a scalpel, makes a cut, fixes the problem, and then stitches the cut.
The way it sounds, stitching would be the most difficult part.
Intelligent people smile. They do not believe it. They know that things are never easy and surgeon's knowledge, training and experience matter a lot when you are on the table.
But same intelligent people think of foreclosure and Tax Deed auctions as a lot of adrenaline and fun. You go there, place your bid, take the possession and then resell … (72 comments)
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daytona realtor: Owner Financing. Is It Worth It?
- 08/05/13 12:10 PM
I have advised my Sellers both to use it, and to stay away. All situations are different. Here is a story when I advised against it.
Investor/attorney/CPA wanted to sell his vacant house. He befriended a young couple, and he learned that they were looking for a nice house to rent.
They could not buy at that time. They had a good job, but no cash, and the house was in high $300s. He talked them into buying a house from him. He let them in with no money down for relatively high interest (12%) loan. I told him that it … (65 comments)
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daytona realtor: Under All Is the Realtionship... Is it?
- 07/12/13 07:12 AM
Larry Bettag posted Nothing Creates Deals More Than Relationships
Title explains it all. Of course, when someone will be working with you because they know you, it is a great feeling of security. You do not really compete. These are your clients and nobody will take them from you (to an extent, of course).
So, in this sense I can understand the choir in comments. How can you not agree?
After all, relationships are a big thing. Relationship is the key. Hey, you can’t even have a divorce if you didn’t have a relationship…
Under all is the land relationship…
… (6 comments)
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daytona realtor: Your American Dream
- 07/11/13 03:03 PM
Richie Allan Naggar, a unique voice on AR with his own style and wisdom, posted DREAM AS IN AMERICAN DREAM NOT DREAM HOME I commented, he responded, and in the process this wonderful thing happened. He gave me the idea of this post. What Richie wrote about is the difference between the American dream, which is owning a home and a dream home. I agree with him that we need to take care of American dream first, even if this is not a dream home. It is difficult to argue that in many parts of the country, where the change in … (6 comments)
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daytona realtor: Why Would Agent Take Overpriced Listing?
- 07/06/13 09:57 AM
Michael Setunsky in a comment to recent featured blog asked that $1,000,000 question, “why would an agent take a listing that will not sell?”
Really, why?
Agents know that it is not a good idea, so, even when the Seller is absolutely not realistic, they have the right to pass on a listing, and many do.
Are agents, who take overpriced listings, stupid?
At the beginning of my real estate career, a good acquaintance of mine, the first Russian broker in Palm Coast, listed a commercial parcel for a jaw-dropping price. It was so high, that many thought it was a … (87 comments)
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daytona realtor: Why Are You Here?
- 05/26/13 02:12 PM
After the announcement that Hard Rock International intended to build a hotel/café plus 100 condo complex on the oceanfront lot in Daytona, I started getting all type of calls from wannabe investors, who wanted a piece close to the action.
I spent half of the day showing my client lots and businesses in the vicinity of the coming Hotel/Café. I was trying to explain to my client, that for a small time investor this was not an option, and instead of looking at what they could buy close to the site today for tomorrow’s price, he could look at what he … (16 comments)
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daytona realtor: Warm Feeling Of Guilt
- 03/26/13 02:40 PM
Sometimes I think that the heretic in me never goes away, and I am lucky it is not the Inquisition era, or they would burn me at the stake… bit I digress.
I am used to a steady flow of posts on AR, where agents are aggravated with Sellers overpricing their prized possessions.
I am was keeping quiet. I was am guilty of it...
Life is more than “yes” or “no” and has a richer palette than simply black and white. I believe, that there is time to underprice, and there is time to overprice. After all the right price … (23 comments)
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daytona realtor: My Relativity Theory
- 12/29/12 03:17 PM
When on the beach I see a 3-year old clumsily chasing seagulls, it is so cute. When I saw a fat guy in his 40s chasing seagulls wildly waving his hands and screaming his lungs out, it looked so stupid…
Same act, but such a different perception.
I guess it is all relative. So, it gotta be Einstein, who to blame…
Or, maybe Darwin?
… (6 comments)
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daytona realtor: Right Of First Refusal…What You Need to Know
- 07/14/12 12:51 PM
When buying a condo in Daytona Area, watch for this clause. We use the Condominium Disclosure, and it specifies whether the Association has the first right of refusal, and also whether the Condo Owners have the right of refusal. While refusal by the Association is relatively rare, watch for those condominiums where the condo owners have the first right of refusal. It can easily happen that when you think that you got a great deal, the owners may agree with you and take it away from you. All they need is to offer the same terms to the Seller, and your … (32 comments)
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daytona realtor: How To Lose Even Before The Auction
- 07/10/12 11:12 AM
County foreclosure auctions in Volusia & Flagler Counties, where we are going, take place in the county courthouses. And to get to the courthouse means going through the metal detectors, taking your shoes off, and some times getting your belt out. Well, while the Sheriff deputies are sweating in search of terrorists and weirdoes, there is often a long line of people and it takes time to get through. It was an interesting show today in the morning. A nice looking lady (in the eyes of beholder) was going through the metal detector. She put her handbag into the plastic basket … (14 comments)
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daytona realtor: Binoculars As Closing
- 07/01/12 02:32 AM
Joe is from Chicago. Jokes fly out of him and being with him is fun. He is dreaming about a vacation condo in Daytona Beach area. His wife is used to his jokes and does not pay any attention, even when he is telling me that he will spend time sitting on the balcony and watching girls on the beach. As a true northerner, he knows what he wants, and cuts me of the moment I try to widen the search parameters. He want direct oceanfront with no gimmicks, no ocean view or side units… he wants penthouse level, so that … (2 comments)
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daytona realtor: Are You Ready For Me?
- 06/28/12 03:10 PM
A couple walked into my office today. They are landlords. They rented their condo in Daytona to a tenant. They came from the court. It was a pre-trial. When the tenant sent them a letter in April that there were hazardous conditions and because of that he was terminating the lease, the lady was in the Hospital. She somehow found us and asked to contact the tenant and take care of the hazardous conditions. We tried to contact the tenant several times, but he never responded. The hazardous condition was a can of touch-up paint in the closet. We suggested that … (62 comments)
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daytona realtor: Smooth and Uneventful... Yeah, Sure...
- 06/16/12 04:06 PM
This was maybe a couple of months ago and I forgot the details. Somehow e-mail was forwarded to my client by mistake, and all previous communication was there. My client read it, and was terrified. There was quite desperate moments and the whole closing at times was very questionable, and my client needed this closing, as the money already been planned for another investment, and timing was tight… He called me and I had to calm him down. I explained what happened to each of those crazy moments, and after some time he relaxed… He then asked me how come … (10 comments)
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daytona realtor: Saturday on the Beach… Daytona Beach
- 05/26/12 11:46 PM
This could be a fun summer. Maybe even too much fun in Florida. It is still May, officially not even the hurricane season yet, and we are bracing for the second named storm, Beryl. On Saturday the Ocean was a bit choppy, but the weather was fine. This is a long Memorial Day weekend and hotels are packed. Our office is in the resort, and there was not a single available parking spot. Luckily for me, I combined exercise and pleasure and went on foot… Water is unusually warm tis year. Yesterday it was 82 F, and I do not remember … (6 comments)
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daytona realtor: Sign Here That You Are Honest...
- 05/13/12 09:07 AM
No, I am not writing it to express my deepest disbelief in Buyer Broker Agreements. There were too many spears broken over it. I guess there is no right and wrong here. Some States require them as I heard, so the whole point there is moot…
I read E.J.”Mike” Carlier’s post Why should I sign a buyer's broker agreement? Well written post, gives customers some clarification… But the reasoning made me speechless. Basically, Mike made it clear that unless there is a signed BBA, he can instead of writing an offer, as asked by the customer, turn and buy for his … (10 comments)
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daytona realtor: How To Pay More or The Lure of the Auction
- 05/01/12 04:13 PM
- Why do I need you when I can buy at an auction?
Ever heard it before? And it comes from someone, who calls an agent (me) to ask about the property, which he is planning to bid for. Funny, isn’t it? The latest hype in Daytona is that inexpensive condo-hotels are now on the Auction channel on TV. How they got the inventory? They are buying the least expensive units. I have 7 condo-hotel units under contract with them, and plus several where my Sellers have countered and the auction network is still thinking. Other agents are doing the same, … (24 comments)
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daytona realtor: Is It Spring After Long Distressed Real Estate Winter in Daytona?
- 04/08/12 03:10 AM
Something is happening in Daytona. It is difficult to show units in Condo-hotels. A few days ago in the middle of the week I came to the Front Desk in Oceanside Inn and asked for a key to a double unit to show to the prospect. It was occupied. I asked for a key to any other similar double unit, and they told me that they did not have units available.
They were packed. And my client was leaving next morning. As an exception to the rule not to show dirty rooms, the General Manager James Dion took us to one … (4 comments)
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daytona realtor: FSBO Buyer
- 03/29/12 01:27 PM
I am used to a scenario when my clients after buying a unit in a condo-hotel, stay there, become very active in anything about this condo-hotel. They now know personnel and get into any room they want to look at, and get any information about any unit or unit owner…
Our clients, who bought a couple of units in Fountain Beach Resort, wanted another unit, but something where they could just step outside. The best unit for them would be in Oceanside Inn in Daytona Beach Shores. Units on the second level on the south side have a sundeck built on … (23 comments)
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It happened that on a few our short sales, the Buyers were represented by the same broker.
;)
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