Dennis Parmelee | Naples SWFL Real Estate

Hurricane Ian

by Dennis Parmelee | Oct 3, 2022 | FL EZbid

Hurricane Ian has recently left Florida with a path of death and destruction.

Like Real Estate, Hurricanes are local.

That means that one area can be hugely impacted by “something”, while a neighboring town or state can be largely unaffected.

I live in North Naples, and endured Irma about 5 years ago. We were hit much worse during that storm: roofs lost, major tree damage, flooded streets.

With Ian, there was barely noticeable impact on our location. A few trees down, minor bruises.

Five miles North and South of us, major devastation. Cars underwater, buildings destroyed by wind and water surge, people drowned.

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I have been building a few websites to help people solve some Real Estate challenges, and with what’s going on I need to get this out there.

Go to the Market Page to see if any of these products can help you.

The prices are discounted right now in order to help as many people as possible.

Videos will be produced to help you understand how to use the tools.

Based on our laws governing advertising, The Florida EZbid.online Alliance is primarily for Real Estate Brokers.

If you intend to promote your own real estate or a related field (think contractors, investors, services like attorneys, insurance, etc) then you will be allowed to join the network.

Our prayers go out for those people who have been negatively impacted.

Locations where retirees are moving will not only survive but thrive, in my opinion, as we bounce back, especially in desirable locations like Naples and South West Florida.

There is work to be done rebuilding along the shoreline and other areas severely damaged for years to come.

Why not be a helpful part of it?

This is an opportunity to use your specific talents in the Real Estate related niche where you are an expert.

Let me know how I may help you.

This Time it’s Different

by Dennis Parmelee | Jun 20, 2022 | Economy

Do you want to jump from the Frying Pan into the fire?

The red hot housing market is starting to show signs of cooling off.

Many of the large national firms are reporting that sales are slumping and properties are no longer receiving multiple offers.

Gee, I wonder why.

During the feeding frenzy, a number of Real estate agents I know were pushing customers to bid above asking price, write letters begging for the property, and to forgo common sense, time honored traditions like having a home inspection.

“Pay in cash if you really want the property, or at least make the deal not contingent upon financing.” was the mantra.

Bitcoin was the poster child for this round of madness and delusion of crowds, and salespeople who earn their living from pushing their wares leave buyers and sellers easy prey.

Reminder, in Florida it assumed that agents are neutral and work to put a deal together, not to give you counsel.

Caveat Emptor.

No one knows when “the top” is in, but these are certainly warning signs.

Interest rates are the problem (obviously), as well as sky high prices.

Doom and Gloom?

Why? We need a roof over our head, but at what price?

Inventory is admittedly low, but that does not translate into “This time it’s different.”

Affordability will be the problem UNLESS hyperinflation kicks in.

Then we will need to bring a wheelbarrow full of money to buy a loaf of bread.

Locations where retirees are moving will get hit last and bounce back first, especially in desirable locations like Naples and South West Florida in my opinion.

There is always an opportunity to play one of the many varieties of strategies in the Real Estate game.

Let me know how I may help you.

The Price of Friendship

by Dennis Parmelee | Apr 8, 2021 | Sellers

Awesome, your best friend is a Real Estate agent and has agreed to sell your home.

His Broker is a nice guy, so they will give you a quarter point discount and “only” charge you 5 and 3/4 points to sell your home.

Priced right, in this Hot market, that will take them all of one week at most to find a bonafide buyer, and probably more.

Assuming you have a home valued at $300,000 , that is a very generous gift to your friend, a whopping $17,500. for services rendered.

Well-heeled and loaded with cash to burn? Great.

Maybe you know someone who isn’t and can benefit from our 21 Day SPECIAL Sale method (Only 1/2 of one percent fee), please refer us to them so we can help them keep more of their hard-earned equity.

Get in touch. If you are ready to save some cash, get a focused sale that minimizes your time with Lookie-Lou’s trapsing through your home, and gets you the true value of your home.

Wanted: Half a House

by Dennis Parmelee | Mar 22, 2021 | Buyers

Creative financing is a key to helping a lot of people in the real estate industry.

Buyers who are well-qualified with a job and good credit may be seeking how to get out of their rent and purchase their first home.

Problem? Lack of funds for the down payment. Some lenders will be looking for as much as 20% down to protect their interests.

That rules out a lot of Buyers.

DO YOU NEED CASH to buy a home?

DO YOU NEED CASH to keep your home but lack the ability to refinance?

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Investors may be interested in taking advantage of the uprtrend in real estate prices, but fearful of indifferent tenants who will take advantage of Covid-19 moratoriums.

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A marriage of these two ideas produces a solution that may be beneficial to both would-be buyers and investors: Buying Half a house or Co-ownership.

There are always opportunitites available for Investors looking to put some capital to work. We can even match you up with other partners if necessary to reduce your risk. Get in touch and let me know of your needs.

We offer a free consultation to help get you started with your plans, and can connect you with other agents who are active in the neighborhoods in which you choose to focus if they are outside our logical proximity.

Tell me your story, I will do my best to help you.

Red Hot and Sizzling

by Dennis Parmelee | Mar 8, 2021 | Real Estate

In Southwest Florida, where I live, we are experiencing boom times.

The world has been turned upside down since the election and it’s become obvious a trend is in motion: Many residents of the colder, high tax states are leaving and seeking a more user-friendly environment like Florida and Texas.

Many properties are being gobbled up in bidding wars, especially those located relatively near the water. Sellers: Contact me if you want to see how to save big on commissions by using our Do It Yourself approach or a hybrid where you get some assistance from an agent or professional Escrow Agent.

Florida is known for it’s boom and bust cycles. There is a lot of land still available to be developed, but typically it is located further inland.

Buyers: If you are exploring the idea of moving to Florida and feel you are being priced out of the market, it may make sense to discuss the timing of your plans with local professionals.

Our emotions are the biggest challenge; we often throw common sense out the window because we feel opportunity will pass us by.

Start getting an education BEFORE you come to Florida. There are many options that need to be considered, including lifestyle and affordability

Gated communities are wonderful and often provide a “neighborhood” where it is relatively easy to mingle and develop new friendships. The HOA fees vary, some offering solid value, others can instantly wreck your budget.