Preparing for the Miami Market

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People from all over the world want to live in Miami.  As a buyer, you need to be knowledgeable about how to buy a home in such a hot market.

What Can I Expect with $500k in Palmetto Bay and Pine Crest?
In Palmetto Bay, half a million dollars can get you a 4 bedroom, 2 bath home that is somewhat upgraded.  We just listed and sold a house in two days in Palmetto Bay!

The farther North you go, however, toward downtown and South Miami, the more expensive homes become.  In Pine Crest, $500k will get you a very basic home. Pine Crest’s price range goes up to $5 million.

Both are great areas, with great schools and other amenities.

What Do I Need to be Aware of as a Buyer in the Current Market?
A lot of buyers want to know how to go about buying a home in the Miami market. 

It is important to be prepared for competition; last week there was an open house where 40 couples were waiting on the realtor to unlock the door.

Have your finances in order before you look at a home. 

Work with a realtor you trust that is on top of the market. 

If you have any questions or want to a buy a home, please contact me at 786.581.1134.

How to Sell Quickly

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It is an interesting time to be a seller.  No doubt you have heard reports that homes are flying off the market.

While that is true, there are also homes that sit because of improper pricing.  To sell your home quickly, your home needs to be up to par with the others in the same price range.

As an example: if you live in a $750k neighborhood, a buyer will be expecting real hardwood cabinets, solid surface countertops, stainless appliances, etc.

One of the most important things to remember when selling your home is to compare yours to homes that have sold in your neighborhood, rather than active homes on the market.  The reason for this is often times properties are overpriced and sit unsold for long periods of times.

You need an experienced realtor that has knowledge of the market and can point you in the right direction.  Please call me at 786.581.1134 if you have any questions about selling your home.