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Here you will find various postings on Palm Beach Gardens and Jupiter events, real estate news, and community sales with statistical information.

Aug. 24, 2020

We Are in Hurricane Season. Here's How You Can Be Prepared

Hurricane preparedness week is May 6 through the 12th and since hurricane season starts on June 1, here are some things you can do now to be prepared and aware of the upcoming season. While nobody likes to plan for the worse being prepared can give you a sense of security and peace knowing everyone in the family knows what to do. Here are some tips from the National Weather Service on how to prepare your home, your family, your pets, and your neighborhood in case of a hurricane.Prepare for the hurricane season

On average, about 12 tropical storms, six of which become hurricanes over the Atlantic Ocean, Caribbean Sea, or the Gulf of Mexico developed during the hurricane season, which runs from June 1 to November 30 each year. Most hurricane hazards include storm surge, which is the abnormal rise of seawater, and it can travel several miles inland along bays, rivers, and estuaries. Flooding from heavy rains can be possible and of course, winds, which can destroy buildings, homes, roofing material and other items left outside. Tornadoes can accompany a landfall tropical cyclone but it is rare. Dangerous ways can produce a tropical cyclone and waves can cause deadly rip currents, beach erosion, and damage to structures along the coastline. The two biggest issues usually include storm surge and storm tide, so let's talk about safety issues with these two situations.

RELATED: Emergency Numbers and Contact Information All Homeowners Should Have

Storm Surge

Water goes where it wants to and it can breach levees, pound dams into rubble, and overtake seawalls. While it might seem impossible, there are things homeowners can do to minimize the impact of flooding. You can protect your home's foundation with sandbags. Place the sandbags not only around the foundation but also near in events or openings. Aluminum or glass flood panels around vents can also help.

Water will always travel to the lowest available point. Basements are usually the easiest and fastest places that flood and actually, basements were meant to flood in order to protect the rest of the house. If your neighborhood is prone to flooding of any type, it's important to elevate the furnace, water heater, and electrical panel. Seal basement walls with waterproof compounds and install backflow plugs and valves to prevent water from getting to the rest of the home. These devices can also stop toilets, baths, and seeks from becoming geysers of water. It's also important to know how to turn off the electricity and other utilities.

Consider Buying Flood Insurance.

Check with your homeowner's insurance policy. Most do not cover flooding. You may or may not be able to even get flood insurance if you are in a floodplain so check with your insurance company and find out about protecting your home in other ways than tangible.

Storm Tide

This is where the water level rises during a storm due to the combination of storm surge and the astronomical tide.

Evacuate.

If you receive an evacuation order because of a hurricane storm tide or storm surge, it's a good idea to get your most important belongings and get out sooner rather than later. Surges can even begin to rise a day before the actual storm hits, cutting off valuable escape routes. Don't risk it. It's simply not worth it.

The weather department will be monitoring the storm tides using four approaches for measuring the timing, magnitude, and duration of hurricane storm surge dynamics. They have real-time monitoring, rapid deployment gauges for temporary monitoring, and storm surge sensors. A storm tide sensor collects the water level and barometric pressure every 30 seconds for most sites. There are located on beaches with record wave height every two seconds. The sensors are strapped to bridge piers, power and light poles and other structures along the coastline. The data is able to study the surge flooding including wave height and visualize its interaction with coastal features.

Read On About How to Protect Your Home in a Hurricane

Posted in News
July 25, 2020

What to Know About Living in a Florida HOA?

What to Know About Living in a Florida HOA?

Living in a Florida HOA has many benefits. And that is one of the reasons why you should bother about giving this piece your attention. However, different locations have their Home Owner's Association. Perhaps you don't know what an HOA is, it means Home Owner's Association. It takes care of the affairs in any particular community that chooses to have it.

Where there is a Home Owner's Association, they own the land and everything outside your home.

How is a Home Owner's Association formed?

Any community that feels there is a need for one can make one. If the community is in unison for the idea, then they can form an HOA. Volunteering Homeowners will make up the HOA board. The Board oversees the administration and organization of the community.

How can you benefit from an HOA?

An assumption by common sense is that living in a community is easier when everyone is involved in the maintenance of the environment. And that's the aim of the association everywhere including Florida. This makes living in the community more comfortable. There are regulations agreed by the community, which every home must abide by. Otherwise, fines will be implemented. In extreme cases where fines are not paid, the association has the right to possess the defaulter's property.

More: 10 Important Things to Know Before Buying a House

Are you wondering how popular HOA's are?

In 2019, the United States had 347,000 HOA communities. This amounts to approximately 70 million residents at that time. As a matter of fact, the largest of these communities is ‘The Association of Poinciana Villages.’

Do I have to pay dues in Florida HOA?

Most associations pay dues. One of the vital functions of the HOA is to keep the environment in good order. Hence, there is a need to pay dues for maintenance to be a success.

Can I opt-out of an HOA?

No — You have no power over an existing association. However, you can refuse the formation of one where there is none.

Common Regulations in a Florida

In the best interest of the community and in accordance with their responsibility the association has some rules that guide how the community is run.

Pets

The Home Owners Association has a say in the breed of pets that occupants can keep. Aggressive dog breeds are usually not allowed. City regulations can also have an effect on the pet restrictions that the board enforces.

Home Exterior

You already know that the association owns the exterior of your home. So, if they choose to decide what your exterior looks like, you have to key in. In Florida, you need to seek the approval of the association before changing the exterior of your house.

Fence

The association decides the material used for your physical boundaries. They also determine the height, style, and color of your fence.

Related: How do I know how healthy an HOA is?

Parking

When it comes to how to park your vehicles, safety, security, and beauty are paramount, and the board makes the best decision possible.

Sports Equipment and Playgrounds

Many associations forbid playgrounds and sports equipment. The reason is that the equipment can easily become rusty and deface the community environment.

In summary, there are various HOA's in different communities in Florida. Also, HOA only acts in the best interest of the community while having absolute control over the issues around the home exteriors.

Looking for a great community in Palm Beach County? Check out the top communities in our area.

More: Top Things Most Buyers Want to Know

Posted in News
July 23, 2020

Essential Skills All Home Buyers Should Have in 2020

Essential Skills All Home Buyers Should Have in 2016

It's an interesting real estate market these days. Home prices have bounced back after the COVID dip in March and April, new developments are on the rise and home sellers are getting more for their home than ever before. However, it is a unique environment in that lenders are still pretty strict, competition is high and homebuyers don't want to overpay for a property.

2020 is actually a great time to buy a property as values are increasing yet rates remain historically low. If you're planning on refinancing or buying a new home, you can get a great rate and by more home for less money.

If you're considering buying a home in Palm Beach County in 2020 here are some important skills to have in order to get the home you want at the price you need.

#1. Million-dollar true value validation.

Million-dollar homes are everywhere these days, depending on the market. In the Palm Beach County market, a million-dollar home is no big deal. These types of prices are commonplace and a lot of developments and gated communities throughout Palm Beach Gardens and Jupiter. However, it's important that buyers know that this price increase has not been earned by home improvements or construction quality; it truly is simply the market. "Paying more for less is the really significant aspect of the price inflation trend." [Source] Buyers need to be impressed by true value such as location, quality of materials, and construction. The more the buyers understand that a million-dollar valuation isn't necessarily all it's cracked up to be, they can make a better-informed decision on the right home.

#2. Educated decision-making.

Understanding "days on the market", taxes, insurance, and all the details that go into buying a property help buyers be more educated and understand what they're buying and how much the really be paying each month. Talk to your real estate agent about the logistics of a particular property. Has the home been listed for a long time? Has the home come off the market and then relisted three months later? Has there been price increases or decreases? How long has the seller owned the property? Why are they selling? Is it truly a good value or is it the most expensive home in the neighborhood? All of these are valuable details to know before making an informed decision and a well-thought-out offer.

#3. Go beyond the price and look at value.

Just as we discussed in the first skill, understanding true validation, it's important for buyers to understand that the purchase price is only one feature of an offer in order to purchase the property. Closing dates, conditions, contingency and financial ability to close all play into a tight offer and a well-thought-out transaction. Understand what the most important factors are when it comes to the seller including their emotions and their ability to sell. Make your offer stand out by understanding the seller better and speaking to your real estate agent about options and incentives in order to get the home you really want.

If you didn't already figure it out education is really the ongoing theme of today's homebuying skills. Understanding the seller, the market, the neighborhood, and the valuation of each individual property will help you make a better decision so that you don't overpay for the wrong home.

In order to get started contact my office today, we could talk about preapproval, closing dates, or sign up to schedule a showing or consultation for any home on the market.

how much is your home worth

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Posted in Real Estate
June 30, 2020

Top 10 Things Home Buyers Want to Know

We can fill in all the fluff we want with legal descriptions and flowery words but really, buyers just want to know these 10 simple things. The better we present them, the clearer it is.

#1. Location and Neighborhood.Top 10 Things Home Buyers Want to Know

Where is the house? Is it a safe neighborhood? What about the schools? Distance to shops and markets? This is what the people want to know.

#2. Price

Obviously, they want to know the price. Some homes come in a price range and that's okay, but they need to know.

#3. Appearance

We want to know how it looks. Is it attractive, a fixer-upper, move-in ready? People obviously want to know what it looks like.

#4. Layout and floor plan.

This doesn't need to be an actual floor plan of the property but several pictures should give you an idea of how the floor plan operates. Is there a bathroom off the kitchen? Is there an additional room with a closet that would be perfect for a den or office space? People want to know the general layout and what to expect.

#5. Total number of rooms.

People basically just want to know how many bedrooms and bathrooms the home has. In many newer homes, 3+ bathrooms are common, but homes in the 1950s really only had one or maybe one and a half bathrooms.

#6. Lot size.

While many people can't visualize the square footage of a lot, saying the lot is a half-acre or quarter-acre may give them some idea as to how big the lot is.

#7. Square footage of the house.

Same with square footage, unless you are familiar with how big a thousand square feet is, people may not be able to visualize how big a home is by the square footage, however, saying that it has a large square footage of over 3000 ft.², does give some comparison.

#8. Community details.

This could go with the neighborhood, but it's important to talk about homeowner association fees and if the community is gated or has its own amenities such as a swimming pool or tennis courts.

#9. Additional features.

If the home has a swimming pool, hot tub or maybe the wine cellar, those additional features are definitely something buyers want to know about.

#10. Contact information for more details.

We can give everybody all the details in the world but if there's no way to schedule a showing of the property for a phone number to be able to answer more questions, it's pointless. Make sure contact information, phone number or email address is front and center. [Adapted by RealtorMag]

 

For more information on homes for sale in Palm Beach County communities, contact my office at any time.

  Contact Me Now  

Posted in Real Estate
June 24, 2020

Should Real Estate Agents Use Drones?

There are a lot of rules and regulations when it comes to drone technology especially in the use of a business. Most real estate agents find it beneficial to use tools and technology that many of their coworkers are simply not using yet. There are pros and cons to the use of drone technology but the pros enough to outweigh the cons?Should Real Estate Agents Use Drones?

The drawbacks of using a drone is that they are not cheap. A good drone that will take pictures or video of an area typically will cost at least $1000 and if you hire a professional drone operator you're looking at several hundred dollars. Does this benefit the client? It depends. If we're talking about a million-dollar home here, using $1000 drone might be very beneficial as the seller expects this type of technology and you should get it back in a commission.

It's also beneficial to get an operator test before flying your own drone. The last thing you want is for it to get stuck in a tree on the roof of the house. The test is not hard and if you hire out the drone technology then you won't even have to take the test yourself. However, if you do hire an operator you want to make sure that they have their certification.

The downside is that the registration process can take several months. So this is something to plan for way in advance. The registration might be inexpensive, but this is likely to go up as more and more drone operators hit the skies.

The FAA commercial drone rules that real estate agency to be aware of. After registering, the drone must have a specific ID number that traces back to the owner. The drone cannot weigh more than 55 pounds and it must have at least one pilot. Other regulations include the drone being flown by an English-speaking pilot at least 16 years of age or older. The drone have to be flown from a stationary point of view and not from under a roof or in a moving the. The drone must be in sight of the pilot at all times and the FAA requires inspection of the drone before flying it. Drones can only be flown during daylight hours and must maintain a height of 400 feet or less.

All these regulations are very reasonable and most homes are far below 400 feet, unless we are talking about a high-rise condominium complex but even then, 400 feet is quite dramatic. Drones also cannot exceed 100 miles per hour.

So you can see the dilemma; there are a lot of rules, regulations, registration and inspections that need to take place before you can even use the drone. And then, are you impeding on someone else's property or privacy by flying over backyards and houses, even if it is innocently taking a good screenshot of the surrounding neighborhood?

Drones might be a great idea but really only in the luxury real estate market and also in an area that benefits from drone technology. If the neighborhood leaves much to be desired most real estate agents are not going to focus or feature the rest of the neighborhood in a flyover video.

It might be a fad right now but it might also be a fact that carries on for some time. The point is to use them responsibly and keep yourself and others as safe as possible.

Need to market your Palm Beach County home? Give me a call! I specialize in Palm Beach Gardens, Jupiter, Singer Island, Juno Beach and North Palm Beach.

Image adapted from Andrew Turner Flickr

Posted in News
June 17, 2020

The Ultimate Home Sellers Guide

If you simply throw a sign up in the front yard without any preparation or research you might get a few lookee loo's but probably not a serious offer. If you do get a serious offer you would probably get hung up in inspection issues, repairs and replacement if not flat out contradictions on price. I want my sellers to be as prepared as possible and that means taking some responsibility in preparing your home for listing. Probably one of the first things you can do is simply to have a listing presentation. If you're unsure of what to change, fix, repair or replace this would be an ideal first step. I can come to your home and offer tips, suggestions and run the numbers or do the research on what your home is currently worth. I can also run the numbers on what your home could be worse should you make some improvements. Certain items such as location and layout are difficult if not impossible to change but other items such as updates, upgrades, renovations, replacements or major and minor repairs can work wonders when it comes to increasing your homes value.

Before we begin: Is it worth it to sell it yourself?

Ways to increase your home’s valueWhy use a Realtor

Want the Most From your Home Sale? Here’s How

Every home seller wants to get the very most from the profits of their home although not every seller is willing to do what it takes in order to get those profits. In buyers markets, sellers are competing with foreclosures and short sales that may be drastically underpriced. Because of this, many sellers may find themselves underwater, meaning that they owe more on the home than they could sell it for. If you're on the fence wondering if you can get enough for your home there are some things to increase your chances on gaining more of a profit when it comes time to selling. Here are five ways to sell your property for a higher price than your competition.

#1. Correct anything that a buyer would address.

And you may not know exactly what these things are. The best way to know what you need to fix, repair or replace is either have your agent or a trusted friend walk through your home making notes, tips and suggestions. Living in a home for a long time can make us blind to defects and faults in the house. Simple items such as worn door frames, squeaky drawers and leaky faucets can often go overlooked. But, buyers will certainly pinpoint all of these issues and once everything is corrected and fixed, buyers will feel more comfortable purchasing a home at full price.

#2. Lived-in is not livable.

Buyers know that you live in the home but they don't want to see it.  Now is the time to make it look less lived-in. Buyers want to start over in a new home and if they have to fix things, paint walls, replace items, or if the entire home looks too cluttered, buyers see nothing but work ahead of them. Buyers also cannot always see the potential of the house so you have to create the perfect setting for them. Perhaps your couch is old and tattered; maybe your coffee table has too many nicks or scratches in it, or you’re trying to hide that gouge out over in the wall; whatever it is, buyers cannot see past these items so it may be time to completely revamp your furniture and decor. If you can afford it it would be best to hire a stager during the time your home is on the market. Yes, this can get expensive but sellers can usually get several thousand dollars more out of the home simply by having it staged.

Read more: Staging your Home in Palm Beach Gardens

#3. Less is more. 

Since you will be packing all of your items anyway, start now by getting rid of at least half of the items in closets, drawers, cupboards and pantries. Also, don't stack these items in boxes in the garage because buyers will figure out that all of these items came from the house. Rent a storage facility or a pod that can be moved to your new home. Buyers want to see plenty of space, open and free-flowing rooms, and a neat and orderly layout. Also, having less furniture means potential homebuyers have a clear pathway through the property.

#4. Smells can make or break a sale.

Just as we get immune to defects we can also get immune to smells. Our particular odor and smell in our house has become so accustomed to us that we can't smell it anymore, but, home buyers certainly can, especially if you have pets, you smoke, or the home has mildew or mold. This is where having a trusted friend or your agent will come in handy again. Listen to their honest advice about the smell of your home. If you have pets, make sure you remove the litter box and any evidence of cats or dogs during showings. Keep cages and litter boxes clean during the time your homes on the market. Be careful of what you cook the day of a showing. Many foods have very strong smells such as fried foods, eggs, and heavily spiced dishes. Good smell such as baking cookies or cake can add a pleasant smell to the home but make sure that it's not overpowering.

48 Ways to Speed a House Sale#5. Don't neglect to the outside.

Now that the inside smells amazing, everything is fixed, and the home is free and clear of any clutter, don't neglect the outside because this is usually the first impression buyers have about a home. Make sure the cross is nice and green by giving it a good dose of nitrogen, keep bushes and trees well trimmed and patios and stairs free and clear of any weeds or overgrowth. It might also be a good idea to hire a professional landscaper during the time the homes on the market just to keep the outside perfectly cared for.

 

Read more: How to Increase the Profit on Your Home

Choosing the Right Agent

Once you’ve made appropriate adjustments, repairs or a replacement, now’s the time to consider the right real estate agent. Not all agents prefer to help sellers; many prefer just to represent homebuyers. While any real estate agent can handle both sides of the transaction it's best to work with an agent that specializes in helping sellers specifically.  Even though you can use any agent to market and list your home on the local MLS it pays to have someone that understands the process, is proficient in listing and selling property and has the experience and references to back it. This is not the time to use your cousins, best friends husband just because they're trying to get started in the real estate world. Listing agents need to be dedicated, consistent, proficient and experienced when it comes to negotiating terms and price for their seller. Here are some questions to ask your real estate agent:

#1. How will you come up with the asking price?How to choose a realtor

he agent needs to know the neighborhood, the current market, and today's buyers, this is why it is so important to have a listing agent that has also helped buyers so they know what buyers are looking for and what they're willing to pay.

Related: Ready to Price and Sell Your Mirasol Home

#2. How long does it take you to sell a property?

If the agent has only listed one or two properties a year and those properties are still on the market, this may not be the best agent for your needs. Agents that can sell properties within 60 to 90 days or so and can do that with several properties throughout the year are usually a good bet.

#3. How will you market my home?

Some amateur agents simply think that you can list the home on the local MLS and buyers will flock to it. This is simply not the case. Agents need to market the home not only on the local MLS but to potential buyers and their agents. Because I have numerous contacts with potential buyers and their agents I can get your home in front of numerous if not hundreds of buyers within the first week on the market.

#4. How will you communicate with me?

If your real estate agent list your property and then completely drops off the face of the earth it can be very difficult to communicate when or if you get an offer. Ask how the real estate agent will communicate with you either by text, email, phone, in person or all of the above.

Showings and Offer

Once your home is on the market you will get numerous buyers touring your home. It's best to leave the property while buyers and their agents browse your home so they don't feel pressured or uncomfortable with the seller lingering around them. Yes, you may want to answer certain questions they have but that's what your listing agent and their buyers agent is for. We are the mediators between buyer and seller for any questions or negotiations. It's best to have your home in a show ready state within about 30 minutes. This means you should pack up about half of the items in your home, store them neatly either in the garage or a storage space and be ready to show the home within 30 minutes of a phone call. This can be difficult with kids but not impossible. Remember to put things away after use and clean up any messes right away. You might even consider hiring a professional housecleaner while your home is on the market at least once a week. This can help with the deep cleaning and keep things nice and tidy.

Important: Should I Listen to Feedback?

When an offer does come in your listing agent will call you with the terms and price. You have the ultimate authority to accept, reject or negotiate the offer. The longer a home sits on the market the lower the offer might be. This is why it is so crucial to get the right listing price right out of the gate. You'll get the right buyers and the most profit by pricing it correctly from the beginning. Your listing agent will go over all of the terms of the offer and then it's up to you whether you want to counter offer, reject or accept the offer.

sold home, closingTry not to feel emotional or insulted by a lowball offer; buyers are always hoping to get the best deal so you never know by being unemotional, you can negotiate across the board with the right buyer. Counter offers and negotiations can go on for several days or even weeks, especially if were dealing with a bank or a short sale situation.

Try not to get frustrated but understand that this is a very large investment purchase and it can take time. Once both buyer and seller have mutually agreed upon the listing price and terms the contract is now in place and buyers will have an inspection completed.

Try not to get too nervous during the inspection time as the buyers just want to verify their investment. This is also a negotiation time as buyers may come back with specifics on repairs or replacements. You may either agree, reject, or negotiate these requirements and tell mutual acceptance has happened on both sides again.

Once the inspection contingency is satisfied the process moves on to closing. Buyers will finalize any financing and this is a great time to finish packing up for the big move. Your closing agent, which could be title, escrow or even your brokerage, will call you for final signing. Be sure to ask any questions during this time so you feel confident about what you are signing and understand everything involved. If something seems amiss be sure to question it.

Conclusion

Selling a home can be stressful but without much knowledge and understanding of the process and your responsibility in all of it, it can be easier and as stress-free as possible. But, again, it all comes down to choosing the right agent to help you facilitate the transaction, set the right price from the beginning, and help you close on time. Feel free to call if you have any other questions.

More: Staging a Home to Sell

What luxury buyers are really looking for

5 Ways to Avoid Damage When Moving

 

 

Posted in Real Estate
June 9, 2020

The 3 Most Popular Communities in Palm Beach County

The three most popular communities in Palm Beach Gardens in Jupiter Florida continue to be Abacoa, Admirals Cove, and Mirsol. These three master-planned subdivisions continue to maintain high property values, a wide range of home prices, and offer perks unlike any in the area. Here's why these are the most popular communities in Palm Beach County.

Mirasol Country Club

Mirasol Country Club

This community sits just north of PGA Boulevard and Palm Beach Gardens Florida. Nearly every home is either a waterfront or golf course front home. The golf course winds in and through the community and there are several smaller neighborhoods within the master-planned community of Mirasol, each touting the name of the street the house resides on. In the center is the Country Club at Mirasol featuring multiple sports and recreation activities, restaurants, a massive, recently redesigned clubhouse, swimming pool, and resort-style amenities. This is been touted as one of the most prized golfing communities in South Florida with 25 separate residential neighborhoods or villages. It features over 2300 acres of tropical landscape and two golf courses and is gated for security and luxury. This is a highly landscaped, lush and tropical community with equity membership for all residents. Learn more about the Mirasol Country Club here.

most popular communities in Palm Beach County

Abacoa

The luxury community of Abacoa is in Jupiter Florida just north of Donald Ross Road and minutes to the beach, world-class golfing, and multiple sports fields and courts. With over 2000 acres of Florida nature in the heart of Jupiter, Abacoa always comes in at one of the top communities in the county. It offers traditional real estate neighborhoods with a Town Center featuring restaurants, shops, and entertainment. Abacoa is practically like its own little village with 16 unique communities ranging from single-family homes, patio homes, carriage homes, townhouses, and condos. There's also a variety of styles and prices to serve a diverse group of homebuyers. Abacoa has excellent schools with dozens of recreational activities and an activities coordinator perfect for clubs, groups, events, festivals, and volunteer opportunities. Browse all of the micro-neighborhoods and learn more about Abacoa real estate here.

Admiral's Cove

Admirals Cove

Admirals Cove is for the sea-loving homeowner and everyone. Life on the water, unique waterfront living and a boater's paradise is definitely what Admirals Cove is all about. Nestled in Jupiter Florida, this nautical community offers a wide range of waterfront homes from luxury to single-family starter homes. Whether you're looking for a condominium or a luxury estate on the water with a dock in your backyard, you'll find a wide range of home styles, architecture, and layouts to suit all. Admirals Cove features championship golf courses allowing for some of the best golf views and challenges in the world. It offers one of the most private and elite country clubs in Jupiter. Plus, with the newest renovations to the clubhouse, spa and salon, Marina, and tennis facility, homeowners are getting the best of the best in Jupiter Florida. Check out more of the amenities and homes for sale in Admirals Cove here.

For more information on homes for sale in any of these three most popular and highly desirable Palm Beach County communities, contact my office at any time. All three images above are actual listings from the MLS in these communities

  Contact Me Now  

Posted in Mirasol, News
June 3, 2020

How to Sell Your Luxury Home Without a Price Drop

How to sell your luxury home without a price drop

Is it possible to sell a home without any price drops? I’m not just talking about selling a home at the lowest possible price but a fair market price without reducing it. Is it possible? Selling luxury homes can present unique challenges. Because these homes typically appeal to a narrower pool of buyers, they can tend to sit on the market for some time. But, with the right strategy, you can get the price you want in less time. Here is how to sell your Palm Beach County home without reducing the price.

#1. Understand what you are up against.

Many luxury homes can undergo significant price drops throughout the marketing lifespan but most luxury homebuyers know exactly what they want in their price range so selling specifically to them takes experience. Understanding who is buying, where their buying, and how their mind and for how much means that you can set yourself up for success from the minute the home hits the market.

#2. Working with an agent that understands the luxury market.

I have sold homes in Palm Beach County for years and understand exactly what luxury home buyers are looking for and how to price your home. Affluent homebuyers occupy a particular niche and these sellers and buyers expect expert, top-shelf customer service. Understanding these buyers and sellers means that I can directly communicate with buyer’s agents and their buyers to pull together a real estate transaction that’s a win-win for both.

#3. Staging and photography are key.

This is not the type of listing that you’ll test the market with and if it doesn’t sell then start doing the marketing tasks you should have done to begin with. No, we need quality photos that tell a story, expert staging, and marketing that’s ready to hit the ground running from the beginning.

#4. Focus on high-end features and things that make your home stand out.

Does your home have a 3000-bottle wine cellar? Perhaps our resort-style swimming pool complete with spa, outdoor shower, and water features… Whatever it is, that’s what needs to stand out. You need to show buyers the value of what they are paying for. If your home looks like every other home, buyers are not going to see enough of a difference to justify the value. Whether it’s the view, amenities on-site, the location, or the materials, make sure you highlight why your home is worth what you are asking.

#5. Show off the lifestyle.

What entices wealthy homebuyers from other states is the lifestyle that we portray. If you’re buying from out-of-state, we want to emphasize how amazing living in Florida can be. Not only do we have lower taxes than a lot of states, but the lifestyle, in general, cannot be beaten or compared to just about anyplace else. Homebuyers are not just buying a house, they are buying a way of life and by appealing to these buyers with exactly what they’re looking for, you vetted value to the home and urgency to the purchase.

I would love to offer more of my expertise on how to market and sell Southeast Florida luxury homes. This is my home and I know the luxury market inside and out. Let me help you market your home through my proven strategies providing you with top dollar when selling.

More: How to Sell a Luxury Home without Listing it on the Market

5 Simple Tips to Make Your Home Look Like a 5-Star Resort

Find Out What Your Luxury Home is Worth Now

Posted in Real Estate
May 8, 2020

10 Must-Haves All Buyers Want in a Home

If you're serious about selling your home you're probably looking for every way possible to attract a potential buyer. Buyers change over the decades and today we have more millennial buyers than ever before. Baby boomers are retiring and looking for a place to relax and millennial's are looking for that perfect home to start or continue their family. If you really want to appeal to a wide range of homebuyers here are 10 must-have is that all homes should possess in order to attract homebuyers.

#1. A separate laundry room.10 must haves all buyers want

Donna the days where homeowners want to traipse downstairs to a basement are out to a garage in order to get laundry done. Having a laundry room close to the bedrooms, either upstairs or on the ground floor with enough space to fold clothes and have some storage space is a key component that many home buyers are looking for these days.

#2. Garage storage space.

Space, space and more space. That's what a lot of homebuyers are looking for and if the garage cannot only house one or two cars but may have an additional parking space, cabinets, shelving or workbench, it will appeal to more buyers.

More: How to buy and sell during a pandemic

#3. Eat in kitchens.

Eat in kitchens are a must have for many homebuyers, especially families with children. However, they don't just want to eat in kitchen, they want a formal dining room as well. This is enough space to allow for a small table and chairs, a bench up against a window and a table or some space that the family can have a quick breakfast or lunch in without hauling dishes to the formal dining room.

#4. Walk in kitchen pantry.

This is becoming a huge attraction in many new homes. This is a pantry space that not only will fit all of your dry goods and canned goods but maybe a few appliances, paper towels, dish rags, soaps etc. This walk-in kitchen pantry is probably about the size of that eat in kitchen.

#5. Updated kitchen and bathroom.

If the home is a little bit older, the kitchen and bathroom should be one of the top things to renovate. New countertops, new paint, refinish the cabinets or replace them and new floors all mean an attractive outlook to potential buyers.

#6. Open floor plan.

An open floor plan is a must-have in many new homes and most new construction properties and models will have this type of floor plan. The living room, kitchen, dining room and family room are all connected by one large room. No longer is one of these rooms cut off from the rest of the family.

#7. Home office.

Now, a home office can simply be an additional bedroom but having a space set aside for this is essential to many potential homebuyers today. Using either an attic, a veranda at the top of the stairs or a separate bedroom dedicated as an office will appeal to many buyers.

RElated: Now is a great time to buy because interest rates are so low

#8. Easy maintenance.

Buyers today are also looking for a low maintenance type of home. They want low upkeep features such as hardwood floors as opposed to carpeting, granite countertops and items that don't need a lot of maintenance or fussing. Many of today's buyers grew up with their parents having along honey do list of repairs each weekend and they're trying to find homes that avoid this type of maintenance.

#9. Energy efficiency.

Homebuyers today are looking for energy Star appliances, energy-efficient lighting, windows, doors and proper insulation levels. They don't want to be spending hundreds if not thousands of dollars on wasted energy each year. You might be surprised how many people ask about the efficiency of homes.

More: How to sell a luxury home without listing it on the MLS

#10. En suite master bath.

According to an article in USA Today, buyers will pay an extra 49% or over $2000 extra for a home with an en suite master bath. This type of feature is important to people 35 and older and those that feel that home is their mental sanctuary.

Reasons some homes sell faster

For more information on staging and setting up your home for today's buyers please contact my office today. I can offer tips, suggestions and how to stage and layout your home for the maximum appeal to the majority of homebuyers.

 

Posted in Real Estate
May 1, 2020

How to Sell a Luxury Home without Listing on the MLS

There are a large number of luxury home owners choosing to forgo the traditional way of selling a home and do what is called a pocket listing. A pocket listing is a home for sale that does not list on the MLS (multiple listing service).

Selling a luxury home or property

 

Reasons why homeowners choose to do a pocket listing include: to keep privacy-some luxury listings are owned by high profile people and for their own safety it is best to have a listing that is not openly advertised, to limit the number of showings creating less cleaning work and keep non serious buyers to a minimum, homeowners are not in a “need to sell” situation and might be just entertaining the idea of selling should the right offer come along, the homeowner may only want to advertise to certain groups of people including realtors in special luxury buying and selling circles to obtain top dollar offers.

Pros of Pocket Listing

  • Less work on the sellers end to prepare a home for listing
  • Less home showings and less likelihood of people coming to your home simply to admire it
  • Possible break on commission from listing agent
  • Specialized marketing to a core audience

Cons of Pocket Listing

  • Not as much exposure to buyers on the market
  • Possible more demanding buyer pool that will be less understanding of the sellers needs
  • Less exposure could mean a lower offer

Selling a luxury home or property

There are benefits and drawbacks to pocket listings, but one thing is for sure if you have a high-end luxury home you want to sell whether on the traditional MLS or off, you want to list your home with an experienced local agent that specializes in luxury properties. These agents take part in what is referred to as a “Top Agent Network.” These agents deal with luxury properties and know what is on the market both on and off the MLS, and can help you market your property in a way that works for you. They will be able to find the best offer from a serious buyer all while giving you as much or little privacy as you need in the transaction.

Related: 5 Keys to Investing in Florida Luxury Real Estate

For luxury home buyers looking to purchase a dream home, seeking out a luxury property buyers agent is a must. The reason to do this is because of pocket listings. Luxury buying agents will also be part of these luxury real estate circles and be able to find you properties for sale that not many people know about. One thing is for sure selling and listing a luxury property or looking to buy a luxury home, you need the right agent on your side.

 

Contact Me Today

 

More:

How to Buy Your Dream House When You Weren't Ready

3 Perks to a Virtual Real Estate Service

Images by Flickr

Posted in Real Estate