South Florida Real Estate

By Ken Marlborough

Why do people want to purchase real estate in South Florida? Maybe it is the warm climate, the diverse culture and the many employment opportunities. The South Florida real estate market has reached the double-digit growth scene over the past several years. South Florida has witnessed a real boom in condominium construction as well. The condo frenzy is for a fact playing a big role in South Florida's real estate market.

South Florida is a superb location. Its property rates continue to appreciate, and real estate professionals happily claim that for a long time to come the sky is the limit for property appreciation. Most homes are simple, yet plush and cozy. They include bungalows, villas, row houses, flats and apartments, as well as studio flats.

South Florida real estate has been developed by renowned architects with modern amenities. And almost every home has ample greenery surrounding it, with an appropriate length for a driveway, as well as a large garage, and a private swimming pool in the backyard.

Apart from residential South Florida real estate, commercial properties are all well constructed, with all modern amenities. Most of the offices are ready to use with appropriate furniture.

However, one needs to note that the real estate rates in this region are not standard, but differ on the basis of location. Some areas are considered upscale, where the prices are meant for the rich and famous. There are other zones that are more affordable. But no matter what one pays, there would be rich rewards in years to come.

Florida Real Estate provides detailed information on Florida Real Estate, Florida Commercial Real Estate, Florida Real Estate Listings, Florida Beach Real Estate and more. Florida Real Estate is affiliated with Florida Time Share Promotions.

======

Buy and sell South Florida Real Estate at Yipeyay.Com

Houses For Sale By Owner - Negotiating Tips

By Steven Gillman

Houses for sale by owner, also known as "FSBOs," are a unique case in real estate investment. Buying from an uninformed seller who thought he knew enough to handle everything by himself can be frustrating. It can also be very profitable if you are prepared.

Why do people try to sell a house on their own? Only one primary reason comes to mind: To save the sales commission. Of course they usually underestimate the cost and complexity of going it alone. They end up frustrated and tired of the process, ready to drop the price and be done with it. Help them solve their problems, and your reward can be a good price on a good investment. Keep the following in mind:

1. An owner isn't an agent. Don't ask possibly offensive questions. Don't make negative comments about the house. Whether you like it or not, the truth is that it's difficult to get a good deal if the seller doesn't like you.

2. Houses for sale by owner have often been on the market a long time. The seller is usually tired of the process, and wants it to be done. In other words, you'll get a better price if you are willing to close quickly and easily.

3. FSBO sellers usually think they're being smart. Encourage that belief and they'll be more open to your offer. When they have a good idea, tell them so. It is not unethical to make people feel good about themselves when negotiating.

4. They usually don't have a plan for where to close, where to buy a title policy, where to keep a good faith deposit, etc. Be ready with simple solutions to all these problems. Walk them through the process while letting them feel in control, and you'll both be happier.

5. They have often spent more than they anticipated. Advertising and other costs have already eaten into their imagined extra FSBO profit. Be generous in negotiating any pre-close expenses - as long as you get your price and/or terms.

6. Pass over problems and return to them later. Once a seller has invested more time in a negotiation, he'll be more inclined to give you what you want.

Professionals will tell you that most houses "for sale by owner" net less than those sold by an agent. It's too late for the seller to recover his money and time spent, however, so he usually just wants to get the thing sold as easily and quickly as possible. Help him with that, and you can get a good real estate investment at a good price.

Steve Gillman has invested real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com

=======

Buy and sell houses at Yipeyay.Com

Effective FSBO Advertising Writing

By Mark Camphaug

Most buyers will discover your home either by driving by and seeing your professional real estate yard sign (surprisingly, 18% of all home sales are initiated by lawn signs), visiting your webpage or by reading your advertisement in the newspaper or local newsletter.

Since it costs money to advertise in any major print media, you’ll want to keep your ad short but effective. You still need to highlight the most important features of your home. The purpose of an advertisement is to get buyers to call you for more information. It should contain enough information for the prospective home buyer to pre-qualify themselves in terms of price range and location, but not so much that it costs a fortune to run or eliminates the need for potential buyers to call you for answers to their questions.

The minimum your ad should contain:

• The fact that you are selling FSBO. Usually this means either putting FSBO, For Sale by Owner or BY OWNER at the beginning of the ad.

• The price of the home. While this will disqualify some buyers, what is the sense of having $75,000 or $300,000 buyers call you when your house is priced at $175,000? Buyers shop by price, so put yours in the ad.

• Your neighborhood. You can best decide whether you want to list the specific neighborhood or just the area of town. If your neighborhood is well known and highly desirable, obviously you should include the name. However, if you are selling a home in a less desirable neighborhood, just put in the area of town. Get an idea of what others are doing by looking at classified ads for homes in your area.

• Prospective home buyers generally have a size in mind when they look for homes. Most buyers know that they need at least 3 bedrooms or a family room or a large yard. Put the approximate size of your house in the ad, along with number of bedrooms and baths.

• The most compelling selling feature of your home. For instance, if you are selling a low-priced home, the feature might be that the payment is no higher than typical rent. Or, your home might be completely remodeled, or unusually charming or a wonderful family home. Your schools might be exemplary or your neighborhood very family-oriented. Or perhaps your yard backs onto a park or that your home is priced below appraisal. These are all features that will draw buyers.

• Your PHONE NUMBER, WEBPAGE ADDRESS and FSBO reference #!

So, a good small classified ad might look like this:

BY OWNER $150,000 3 BD/2BA Colonial in Parklawn Village. Excellent schools, great neighborhood, priced below market. Call XXX-XXXX - or visit www.website.com - FSBO# XXXX.

Another type of ad you could consider is a more informative ad. This would be a good ad to place in a neighborhood newsletter or on bulletin boards of local employers or in your information box on your sign. This type of ad doesn’t work well for classified advertising because it is simply too expensive to include so many words. An informative ad would include all of the above, plus more personal information.

For instance, a good informative ad might look like this:

LIVE BY A PARK! BY OWNER $150,000 3 BD/2BA Colonial in Parklawn Village. Enjoy a wonderful yard with built-in barbecue all summer and gaze at a winter wonderland all winter from the cozy fire-lit family room. This charming family home is nicely and neutrally decorated and in move-in condition. The neighborhood offers excellent schools, a swimming pool and tennis court – all in a fantastic location and priced below market! Please call for more details: XXX-XXXX - or visit www.website.com - FSBO# XXXX

Mark Camphaug is currently President of FreeFSBO.com and it’s parent Martcam LLC. http://www.FreeFSBO.com is a For Sale by Owner (FSBO) website that offers a free online listing and free real estate lawn sign to prospective FSBO home sellers. Camphaug spent the last 6 years as Vice President of one of the world’s largest and most successful Interactive Marketing Agencies where he specialized in all aspects of internet marketing, including SEO, PPC, Email and Affiliate marketing. Prior to that Camphaug spent 12 years in the competitive new home industry, duties included sales, marketing and client relationship management.

==========

>> Where to advertise your real-estate for sale or rent?
Advertise your real-estate property for sale or rent at Yipeyay!

3 Easy Steps to Selling an Investment Property

By James Klobasa

Believe it or not, the most stressful part of real estate investing is making a sale. During this phase of the investment there are so many things that can go wrong, and your profit depends on making a smooth and quick sale. While most sales do go through smoothly, the uncertainty and anticipation can keep you worrying late into the night. This is especially true if you choose to bypass an agent and sell your property on your own.

A brokerage agent does do a lot of leg work during a sale, but all of it comes at a cost. Hefty brokerage commissions turn many investors off of the idea of using an agent and onto the idea of selling the property themselves in the hopes of increasing residual income. If this sounds like something that you would like to do, follow the following steps for selling your investment property.

The first thing that you need to do to make your first sale in real estate investing is to calculate the asking price for the property. You can do this by hiring a professional appraiser to price the home or by checking the sales prices of comparable homes in the same area of your property. This is normally done at the court house by comparing similar recent real estate sales prices within a few miles of your property. You should also take into consideration the current real estate market. If the market is a buyer’s market, you will probably have to lower your price. If it is a seller’s market, on the other hand, you might be able to fetch more than the market value of the property.

Once you have settled on a price, you need to market the property. This involves advertising the property and showing it to perspective buyers individually and at open houses. During this phase you should also contact your attorney to draw up the necessary purchase contract forms. This purchase contract will need to be signed by you and the buyer once you have negotiated an offer.

After you have negotiated an offer, the real work begins. Now it is time to close the deal. To do this, you will need an escrow company to perform the closing. This is the time of paperwork as you will need to provide the buyer with disclosure statements and he will need to provide you with a loan commitment letter. Inspections are also performed during this time and a title search will be completed by your escrow company. Next, you will need to meet with the escrow company and buyer to sign the paperwork; pay closing fees to the escrow company; pay off the mortgage; and pay or put aside any taxes owed.

As you can see, the closing phase is the busiest time of selling your first property in real estate investing. But it is also the most exciting. This is where all of your hard work pays off and you get to walk away with the profit.

James Klobasa, once broke with no job and $20,000 in debt made a choice that changed his life forever. That choice was investing in Real Estate. With the founder of, The Little Building Co. you too, can learn at Real-Real Estate Investing

==============

>> Where can I sell my real-estate investment property?
Sell your real-estate investment property on Yipeyay.Com: Australia | USA

The Key Factors that Get Your Home Sold

By Raynor James

Selling a property is a process that can be reduced to a number of factors. In fact, there are five key ones to consider.

If you have never sold your home before, it can be a bit of complex process. Simply put, where do you start? Do you just pick any old price and list it? Well, you can. It may sell, but it may not. A better approach is to analyze a few key factors that contribute to every property sale.

Condition – The first factor is the condition of your property. A house is something to be lived in. This means issues of wear and tear are going to arise. Before listing your home for sale, make sure you get it as close to pristine condition as possible. Do some painting and landscaping. Check carpets and windows. How about the fixtures in the bathroom and kitchen? Cleaning all of these up can go a long way to enticing a buyer to make an offer.

Location and Market – The location of your home is something you obviously cannot change. You might be in an excellent area, but you might also be in a less than stellar one. Regardless, the key to selling your home is to understand the pricing of homes in your immediate area. Once you have the range down, price your home within the market according to its quality compared to the others for sale.

Marketing – Once you decide to sell a property, you need to make a mental adjustment. The property is no longer the place your family lives. It is a product. This means you need to market it. Get an online listing. Put it in the local MLS. Hold open houses. List it in the classified of the local paper. Tell people you are selling it. You can’t over market it!

Pricing – Pricing is the area where most sellers have problems. The first step is to find out what other homes in your local area of have been selling for over the past three months. The next step is to find out what homes are current listed at. You need to know these numbers intimately because potential buyers will. Now compare your home to the pool of homes you have. Where does it fall in relation to size, condition and so on? Now compare the price of the homes a bit better and worse. Your price should be somewhere in the middle.

Selling a home is primarily a matter of preparation. If you prepare correctly, you should be able to move it even in a relatively slow market.

Raynor James is with FSBOAmerica.org - get a free one month listing when you sell FSBO homes for sale by owner.

==========

>> Where can I sell my home?
Sell your home at Yipeyay.Com: Australia | USA

Timing Issues When Your Home is Sold

By Lou Ross

As the real estate bubble has burst, selling a home has become more difficult unless you are in one of those areas where things are still good. You can put so much effort into selling, you can forget about moving!

Selling a home is a process that can be stressful. First, you have to figure out your market. Once you do, you have to deal with people and agents coming to view the home. Sooner or later, you will get an offer. Then the negotiations occur. Once an agreement is reached, are you home free? Rarely. Issues are going to arise with home inspections and such. Since escrow periods typically range from 30 to 60 days, things can get pretty rushed and stressful. Obviously, you need to focus on the sale of the property, but what about that glorious day when escrow closes?

For most people, selling a home necessarily means buying another one. At least one hopes so! The transition from one home to another can be difficult. It is hardly the first thing on your mind during this period. Instead, you are focused on getting your old home handled while at the same time making sure your new home is going to be ready.

One of the big issues that comes with moving from an old to new home is timing. Simply put, the closing date for both transactions often does not happen on the same day. Yes, you can try to get it done, but sometimes it just isn’t possible. So, what do you do? One option is to try to pay a small premium to have your new home vacated by the time you need to move. The seller may be willing to do this, but then again may not. It can really become impossible if you want to make improvements before moving in.

Let’s assume a situation where you have three or four days from when you have to move out of your old home and into your new one. How do you span this gap? One option is to use moving trucks as storage vehicles. You can just load them up at your old home and then let them sit till the new home is ready. Obviously, you need to find a secure location for them. I did this once and parked them at my uncle’s home for six days. He had a large lot and an annoying neighbor. He was more than happy to let me park three big moving trucks behind his house in full view of the neighbor!

Another option is to move your stuff into storage. I suggest you avoid this. Unload and then reloading moving trucks in the time span of a week is a good way to end marriages, develop moving rage and so on. It just isn’t worth it!

Lou Ross is with MovingCompaniesforYou.com - find moving truck rentals along with helpful advice on moving issues.

==============

>> Where can I sell real estate properties?
You can buy and sell real estate properties on Yipeyay.Com: Australia | USA