Dreams

Dreams

Begin with the end in mind.

 

When we understand our long term goals, short term strategies can be implemented to take us closer to our dreams..one step at a time.

Consider what role you need to play and how much assistance makes sense for you.

A small minority of people have the skills and time to do it themselves, or need minimal help. They are real estate savvy, have closed many transactions over the years, and are able to operate unemotionally.

If that’s you, we can probably still show you how to save some money.

 

Experience Matters

 

First time Buyers or Sellers usually will be better gaining some experience under the watchful eye and guidance of a seasoned professional.

Perhaps the biggest mistake many people make is choosing a friend who is brand new in real estate to help them. Real Estate agents come and go, it’s a tough business. This is a major cornerstone for building wealth; why limit your choices by using someone who lacks the expertise to really make a difference?

Social media is just that, a tool to market property. While Technology is available to all, the all around knowledge of negotiating, contract preparation, understanding current market conditions and financing choices takes years of experience to acquire.

Don’t be swayed by a few fancy buzz words or a fast talking salesman.

If you need assistance, make sure it’s a professional with integrity and knowledge.

Observations

Observations

Experience suggests these are important factors to consider

Unique

  • Real Estate is local and everyone’s situation is “similar” yet unique.
  • Real Estate provides shelter, lifestyle, pride and a pathway to wealth.
  • For most people our home is our sanctuary for our family.
  • Real estate is about property, people and financing.
  • “Too much” information available confuses many first time buyers.
  • “Location, Location, Location” is important.
  • The Taxpayer’s Relief Act of 1997 currently offers one of the best wealth building strategies available to the average homeowner.

Timing

  • Timing, Condition, Price, Terms and Financing is also important”.
  • FSBO property is usually overpriced, unless it sells within the first two weeks.
  • Real Estate has normal business cycles where prices can and will fluctuate.
  • It is difficult for many people to negotiate unemotionally.
  • A paradox: When buying a home, be very patient looking for the right opportunity; when you find it move on it quickly.

Pricing

  • Sellers reduce stress and maximize returns by pricing their home correctly.
  • Most, but not all, new listings are overpriced.
  • Different types of Real Estate markets require different strategies.
  • If markets are going up, price your home above current prices if you are selling.
  • If markets are going down, price it below current prices.
  • It is possible to structure win-win transactions where everyone benefits.

Agents

  • An experienced Real Estate professional may save you money in most markets.
  • Time is valuable; but Agents get paid for Results, not time.
  • A professional Real Estate Broker or Agent can help reduce the stress of complicated transactions, like buying and selling simultaneously.
  • Dual Agency is illegal in Florida as Real Estate Agents cannot serve two masters.
The New Economy

The New Economy

It is well to remember that Joseph Schumpeter coined a phrase “Creative Destruction”.

Whatever we are going through, this too shall pass.

Time waits for no one, so the sooner we understand how best to be self-reliant and fend for ourselves and family, the better.

Think outside the box and understand the importance of adapting ourselves.

Complaining is for losers.

Be a winner. Team up your skills with a few others and create something awesome that will help a lot of people.

Adapting to Change

Adapting to Change

In case you haven’t noticed, we are in new territory.

It’s not business as usual.

The underlying stucture of how commerce operates will change rapidly.

Quarantine, social distancing, government regulation are just the tip of the iceberg.

The Law of Unintended Consequences will soon rear it’s ugly head.

Obtaining mortgage loans may be difficult if you are currently unemployed even if you are fortunate enough to find new work. Virtual tours, electronic signatures, private mortgage money, barter, creative financing, remotely operated services are all part of our immediate future.

Let me help you with a free consultation to see how I may assist you and your family with a game plan for these challenging times.

First Time Florida Home Buyers

First Time Florida Home Buyers

The Rules of Engagement

Are you thinking of buying a home or condo in Florida?

If you are a first time buyer in Florida, it will be helpful to understand the procedures and rules of the game.

They are likely different from your state.

There are Four significant areas to understand when researching property.

  1. Taxes
  2. Homestead
  3. Agency
  4. Contract Law

Please become savvy before risking your hard earned money.