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Why buyers are turning away from luxury property?

Posted by Park Place Realty Network on February 21, 2020 at 5:35 PM Comments comments (0)

Selling luxury properties and becoming a top-notch luxury real estate agents takes a lot of work. However, even when you do everything right, some homes simply won’t sell soon enough. That’s why real estate agents need to understand the needs of their buyers, and most importantly – what are the things that buyers don’t like. The current situation in the real estate market is that everything is booming, except for the high-end, luxury part. That’s why we’ve made a list of reasons why buyers are turning away from luxury property – a simple guide that will help real estate agents sell properties like that much faster.





What are the reasons buyers are turning away from luxury property



Even though luxury homes are attractive, real estate agents are having trouble selling them in recent years. Here are some reasons for it.


● Is money the problem?


Actually, not. Affordability is not the main issue of why buyers are turning away from luxury property. The truth is, now more than ever, people can afford expensive luxury homes. So, the reason must be something else.


● Location


No matter the house price and its characteristics, the location is the most important factor when buying a luxury home. This may be the reason why buyers are turning away from luxury property, but also why some housing markets remain strong whatever happens. Some locations are simply more popular among high-end buyers, which definitely shows a change in how fast home sells there.


● Taxes


Some states have changed their rules of tax deduction, which results in high-tax states becoming less desirable for high-end buyers. Apart from the houses being sold less frequently, this resulted in more relocations – especially to states like Florida or Nevada, that have a more attractive tax system. So, if you’re thinking of becoming a Florida real estate agent, now is the time to do so. With a simple relocation anywhere in Florida and a positive start, you can start selling homes immediately.


● High-end buyers are not taking risks


When it comes to wealthy buyers, they are for sure aware of all the financial uncertainties and most importantly, their own budget. And that’s why they won’t take any risks and buy a luxury home until they are sure they’re doing the right thing.


● More options in the luxury housing


Another reason why buyers are turning away from luxury property is the excess inventory in the luxury real estate market. As the supply is not limited, the prices are going down, which results in buyers being pickier. This means more time for luxury homes to stay on the market and less fun for real estate agents.


● Many millionaires don’t live in luxury homes


The most surprising item on the list is definitely the way millionaires live at the moment. If you’re wondering why buyers are turning away from luxury property – well, they enjoy living next door. According to a recent study, most of the rich Americans don’t choose luxury properties as their homes. Only 16% of wealthy homeowners live in luxury homes priced at $1 million or more. Others choose to live in properties that are far more affordable – mostly $250 - $500 thousand.



How to sell a luxury home? Tips for real estate agents


As a luxury real estate agent, you may find the current situation troublesome. That’s why you need to do everything you can to sell luxury homes faster and be more successful. Here are some tips on being more effective in the real-estate business.



Understand your buyers’ needs


Whatever homes you’re selling, you need to understand the needs of your buyers and get to know them better. For example, most of the buyers nowadays are millennials, and they happen to have more specific and different needs. The biggest difference is the size of the properties. Millennials are not looking for huge luxury homes, but rather high-quality and practical homes that aren’t that spacious.


So, be sure to investigate more about your clients and address their specific needs. Also, make sure you ease their purchase and relocation by recommending them the right companies to work with. For example, a positive relocation experience with a reliable company like Best Cross Country Movers will give a more complete picture of you as a real estate agent, and bring you more referrals.



Choose the neighborhood correctly – actually, the neighbors


One valuable piece of advice for selling luxury homes is picking the right neighborhood for your clients. You should know that most wealthy buyers like their neighbors to be the same. They tend to choose homes in areas with wealthy residents.



Don’t force it


As we mentioned, wealthy buyers are probably aware of all the aspects of a home purchase, so you shouldn’t force them to make the decision. It’s best to present the properties well and gather all the necessary information about it, and let the buyer pick his own home.



Advertise the property to attract the buyers


It’s important to advertise the property you want to sell in such a way that buyers are immediately attracted to it. One of the ways to do it is to host an event or a party, that shows the true potential and strengths of the property. Be sure to know who are the people coming, so you can adapt the event to their taste.



Give your high-end buyer a high-end treatment


You already know that you need to know your buyer in order to sell them the right home. However, as you’re dealing with wealthy buyers, you need to give them a special, million-dollar treatment to convince them to buy a property. This includes a high-quality showcase of the property, a premium meal when showing the place, etc. Spending some money on treating your buyer well will definitely pay off in the end.



Accept the changes


When you take a look at the reasons why buyers are turning away from luxury property, you need to notice that the real estate market rules are changing. And that’s the key to successful sales – accepting the changes. A good real estate agent will find a way to adapt and use his experience and skill to work at different times and circumstances. A positive attitude brings more sales!



 

Written by: Lisa Robert with US Moving Experts

 

Hottest Florida real estate markets in 2020

Posted by Park Place Realty Network on February 13, 2020 at 4:00 PM Comments comments (0)

Florida's real estate markets are hot and not cooling down in the foreseeable future. It no surprise, though. The economy is strong which is a good basis for new job openings. Consequently, new workers increase the demand for housing. They are also inclined to stay long-term, attracted to favorable tax policies, affordable cost of living, and year-round sunny weather. If you add a fascinating college coverage, the #2 modern infrastructure in the States, and hundreds of miles of beautiful beaches, it is not a wonder that Florida is continually home to the hottest real estate markets.





 

Hottest Florida real estate markets in 2020


When we take into account all the factors, the bottom line is that Florida will go into 2020 with several real estate markets exceptionally good for investors. Moreover, it is very important to identify the three simple rules in the real estate industry that will help you recognize the beneficial markets:


1. Firstly, when you hear that the market is "good" it implies that you can sell whenever you wish or need.


2. A "balanced market" denotes a market with inventory levels falling into a range between four and seven months.


3. "Sellers' market" indicates that inventory levels dropped below four months of supply, while the "buyers' market" indicates the market with supply exceeding seven months.


It goes beyond saying that you should look for an area with a lot of housing activity, that is, the sellers' market. But which ones among those markets are the most lucrative? One of the most important Florida home-buying basics includes finding the right location in the Sunshine State. The trends in real estate have brought up several areas into the spotlight


● Tallahassee, Leon County

● Kissimmee, Osceola County

● Gainesville, Alachua County

● Sarasota, Sarasota County

● Lakeland, Polk County



Tallahassee


Tallahassee homes are appreciating rapidly. Depending on the neighborhood, an increase in price goes between 6% and 20% of the last year's price and is bound to increase for another 6% by this time next year. Slowing the appreciating rate is possible, however, only through an increased supply of real estate for sale, which is favoring the construction industry. Both buyers and sellers should see this as an opportunity. If the price goes too high, due to high demand, selling may prove difficult or outright impossible. Buyers shouldn't wait for that to happen. Once the Tallahassee property is yours, moving will be easy with the help of local movers such as visionmovers.com; after all, who knows the locale better?



Kissimmee


You don't have to live out of state to invest in hot real estate markets. Even relocation from one part of Florida to another opens as a possibility. However, note that not every city here has the right potential for real estate investment. Kissimmee is certainly among the popular investment locations due to several good reasons. First of all, buying an inexpensive real estate is only the first step. Turning it into an investment property is the next. Kissimmee is in the perfect spot for both long-term and vacation rental strategies. Moreover, 2020 is the right time to invest. The Florida economy is strong, leading to population growth and, thus, to high demand for available properties. Being just south of Orlando only adds to Kissimmee's appeal.



Gainesville


Having in mind the depth of the market collapse that hit Florida, and especially Gainesville, one would think that recovery would be too difficult. However, trends are showing that great progress has been made in the past years. Right now, it means good things for Gainesville. The employment rate is higher than the national average, and the number of housing permits is on the rise. They are all signs of a recovering economy. For the time being, Gainesville is the most affordable place to live in Florida. Hence, it attracts buyers as well as the still present backlog of foreclosed homes. Finding a suitable property here for you should be among the things every real estate agent in Florida needs to know. However, choose carefully and team up with an expert. There is still time to purchase a property in Gainesville at below-market value, remodel it, and then sell at or above the market price.



Sarasota


Just like Gainesville, Sarasota is another Florida city that is going through a fast-paced recovery. For the same reasons, it presents a hot real estate investment spot not only in 2020 but in the years to come. One positive thing leads to another; as the economy profits from an influx of newcomers, the local real estate market is looking to satisfy the rising demand. Moreover, the most popular neighborhoods in Sarasota, that will fuel the investment takeoff are expected to be Bayou Oaks, Arlington Park, Indian Beach/Sapphire Shores, Downtown Partnership, and Lido Key. Aside from finding the right neighborhood, note that finding a high-class Florida real estate agent is a priority, easily accomplished if you seek help from a real estate referral company. Moreover, to point out how active the Sarasota real estate market is, it is sufficient to say that most homes sell for around list price and go pending in around 41 days while hot homes list as a pending sale in around ten days.



Lakeland


If you thought that Sarasota homes sell fast, Lakeland will truly surprise you. While a majority of Lakeland homes go pending in about 26 days, the hottest among them are marked as a pending sale in around seven days. As expected due to a relatively low level of housing supply and steady growth of population, real estate prices in Lakeland are bound to go up as of 2020. When factors such as unemployment rates, local economy, population trends, and median household incomes are taken into account, the picture is clear. According to the analysts, Lakeland could easily become one of the hottest Florida real estate markets this year. This course is the logical sequel to the previous years' trends; Lakeland doesn't seem to be slowing down. All buyers interested in a property here should not waste time as the real estate prices are on a steady rise. The foreseeable future looks bright not only for Lakeland but for all five abovementioned markets.



 

Written by: Lisa Robert with US Moving Experts

 

Home design trends that continue to attract buyers

Posted by Park Place Realty Network on January 31, 2020 at 5:20 PM Comments comments (0)

Every year brings something new to the real estate market, including design trends that entice buyers or form their tastes. However, some designs are rightfully becoming constant, continually attracting buyers across the States. These home design trends and features have at least two traits in common - visual appeal and functionality. Hence, combinations are endless. Knowing that finding a perfect home for a buyer is a near to impossible task, we've enlisted several attractive home design trends that have already taken hold.





 

Attractive home design trends and features


Winter is the perfect season to make renovations and spruce up a home for the spring sale. Sellers and their real estate agents should be aware that these renovations are not necessarily costly. Moreover, they have a very good return on investment if they're implemented with those two abovementioned traits in mind.



The most sought-after home design trends involve


● Energy-efficient features


● Open floor plans


● Blending indoor and outdoor


● Neutral monochromatic tones with a touch of color



Showing off only a few of these designs and features combined will make holding an open house an immense pleasure. Not to mention the price the home will gain.


Also, it is worth noting that smart technology adds significant appeal to a modern-day home. A house with smart features will have an advantage over a similar home without any. The sale price and time spent on the market will be in favor of a smart home until smart tech inevitably turns from a trend to a standard home characteristic.



Energy-saving and eco-friendly features


Energy disclosures are slowly becoming common practice in the real estate industry and a rising number of buyers are looking forward to owning a home with energy-saving features. After all, who doesn't feel attracted to the notion of paying less even though, in truth, it only means using or spending less. Energy-conserving features are various; from double-panned windows to improved insulation, LED lighting and solar panels.


Those who deeply care about the environment and use eco-friendly quality boxes and other materials belong to the type of buyers who will greatly appreciate energy-efficient hardwired appliances, water consumption monitors, and water-saving devices. Those who are environmentally conscious and are truly concerned for the state of the planet, along with those who only follow trends, make the majority of people who keep the eco-friendly features on top of the list of continually trending designs.



Open floor plans in home design trends


The open floor plan is rightfully popular. More natural light and a visually bigger space are only a few of its benefits. Remodeling and creating an open floor design is not too expensive and has a great return on investment. If a homeowner doesn't know where to place excess belongings during the renovation, they can always rent a short term storage unit from a local moving company like Moving Kings Van Lines Florida, for example.


Other things that go in favor of the open floor plan and make it so popular are improved communication and interaction. Such space will hardly ever appear overcrowded and it will allow for unhindered traffic within. Also, it encourages the blending of indoor and outdoor space, which is another popular feature that stands the test of time.



Blending indoor and outdoor living space


As per the rising interest in natural elements in home design, plants of all shapes and sizes are being regularly introduced in popular modern interior. This is nothing new; advantages of indoor plants have been discussed in length and no one disputes them. More recently, however, plants have been used in a more modern setting of vertical gardens, which is gaining popularity. Not only that vertical gardens go hand in hand with the popular minimalist home design, but they also have health benefits. Home design trends like this, that include affordable but beneficial and visually appealing features, speak to those buyers turning away from the high-end property.


Moreover, home designers have been successfully dimming the line between indoor and outdoor space, extending living rooms into backyards. Why are such home designs continually popular? They are functional all year round. Regardless of the location in the States, personal outdoor space is priceless. In the summer, it is an extension of a living room. It is connected through an open floor setting with the kitchen and, thus, perfect for parties and other large gatherings. In the colder days, it becomes an otherworldly living room, a zen garden for those who enjoy a warm drink next to a fire pit or outdoor heaters.



Color trends that have become classics


The right color palettes are among the things every real estate agent in Florida should know. While there will always be those homeowners who prefer bold and intense colors, they are a minority. Trendsetters in interior design keep returning to the classics for inspiration and right there they find neutral tones. Those colors make a perfect background for a plethora of home design trends.


In general, monochromatic palettes are popular for creating an atmosphere in the space without excess furniture. Also, they are well complemented by stronger colors. While Classic Blue is the Pantone color of 2020, it should not be used alone but as an accent to beige or shale. Aside from colors, homes with carefully implemented textures, like metal accents, velvet, and stone, are continually attracting buyers with a sense of aesthetics.



Conclusion


Homebuyers require appealing houses that will make their lives easier. Every other feature that adds a touch of luxury at an affordable price is a bonus. Unsuccessful trends come and go, successful ones evolve into something better. In the core of such trends are undeniable visual appeal and aesthetic quality, as well as improved functionality.


Modern-day buyers and sellers prefer a home that stands out; buyers want something they never had before and sellers something they can easily sell for top dollar. Home design trends that keep returning are design trends that will make both parties satisfied.



 

Written By: Lisa Robert with US Moving Experts

 

Why buyers are turning away from luxury property?

Posted by Park Place Realty Network on January 24, 2020 at 6:10 PM Comments comments (0)

Selling luxury properties and becoming a top-notch luxury real estate agents takes a lot of work. However, even when you do everything right, some homes simply won’t sell soon enough. That’s why real estate agents need to understand the needs of their buyers, and most importantly – what are the things that buyers don’t like. The current situation in the real estate market is that everything is booming, except for the high-end, luxury part. That’s why we’ve made a list of reasons why buyers are turning away from luxury property – a simple guide that will help real estate agents sell properties like that much faster.




What are the reasons buyers are turning away from luxury property


Even though luxury homes are attractive, real estate agents are having trouble selling them in recent years. Here are some reasons for it.


● Is money the problem?


Actually, not. Affordability is not the main issue of why buyers are turning away from luxury property. The truth is, now more than ever, people can afford expensive luxury homes. So, the reason must be something else.


● Location


No matter the house price and its characteristics, the location is the most important factor when buying a luxury home. This may be the reason why buyers are turning away from luxury property, but also why some housing markets remain strong whatever happens. Some locations are simply more popular among high-end buyers, which definitely shows a change in how fast home sells there.


● Taxes


Some states have changed their rules of tax deduction, which results in high-tax states becoming less desirable for high-end buyers. Apart from the houses being sold less frequently, this resulted in more relocations – especially to states like Florida or Nevada, that have a more attractive tax system. So, if you’re thinking of becoming a Florida real estate agent, now is the time to do so. With a simple relocation anywhere in Florida and a positive start, you can start selling homes immediately.


● High-end buyers are not taking risks


When it comes to wealthy buyers, they are for sure aware of all the financial uncertainties and most importantly, their own budget. And that’s why they won’t take any risks and buy a luxury home until they are sure they’re doing the right thing.


● More options in the luxury housing


Another reason why buyers are turning away from luxury property is the excess inventory in the luxury real estate market. As the supply is not limited, the prices are going down, which results in buyers being pickier. This means more time for luxury homes to stay on the market and less fun for real estate agents.


● Many millionaires don’t live in luxury homes


The most surprising item on the list is definitely the way millionaires live at the moment. If you’re wondering why buyers are turning away from luxury property – well, they enjoy living next door. According to a recent study, most of the rich Americans don’t choose luxury properties as their homes. Only 16% of wealthy homeowners live in luxury homes priced at $1 million or more. Others choose to live in properties that are far more affordable – mostly $250 - $500 thousand.



How to sell a luxury home? Tips for real estate agents


As a luxury real estate agent, you may find the current situation troublesome. That’s why you need to do everything you can to sell luxury homes faster and be more successful. Here are some tips on being more effective in the real-estate business.



Understand your buyers’ needs


Whatever homes you’re selling, you need to understand the needs of your buyers and get to know them better. For example, most of the buyers nowadays are millennials, and they happen to have more specific and different needs. The biggest difference is the size of the properties. Millennials are not looking for huge luxury homes, but rather high-quality and practical homes that aren’t that spacious.


So, be sure to investigate more about your clients and address their specific needs. Also, make sure you ease their purchase and relocation by recommending them the right companies to work with. For example, a positive relocation experience with a reliable company like Best Cross Country Movers will give a more complete picture of you as a real estate agent, and bring you more referrals.



Choose the neighborhood correctly – actually, the neighbors


One valuable piece of advice for selling luxury homes is picking the right neighborhood for your clients. You should know that most wealthy buyers like their neighbors to be the same. They tend to choose homes in areas with wealthy residents.



Don’t force it


As we mentioned, wealthy buyers are probably aware of all the aspects of a home purchase, so you shouldn’t force them to make the decision. It’s best to present the properties well and gather all the necessary information about it, and let the buyer pick his own home.



Advertise the property to attract the buyers


It’s important to advertise the property you want to sell in such a way that buyers are immediately attracted to it. One of the ways to do it is to host an event or a party, that shows the true potential and strengths of the property. Be sure to know who are the people coming, so you can adapt the event to their taste.



Give your high-end buyer a high-end treatment


You already know that you need to know your buyer in order to sell them the right home. However, as you’re dealing with wealthy buyers, you need to give them a special, million-dollar treatment to convince them to buy a property. This includes a high-quality showcase of the property, a premium meal when showing the place, etc. Spending some money on treating your buyer well will definitely pay off in the end.



Accept the changes


When you take a look at the reasons why buyers are turning away from luxury property, you need to notice that the real estate market rules are changing. And that’s the key to successful sales – accepting the changes. A good real estate agent will find a way to adapt and use his experience and skill to work at different times and circumstances. A positive attitude brings more sales!



 

Written By: Lisa Robert with US Moving Experts

 

California Real Estate-Get a Rebate Back

Posted by flparkplacerealty on November 15, 2019 at 7:00 PM Comments comments (0)

Work with a Top Agent for your California Real Estate Transaction and Receive Back 15% of the Real Estate Commission.



 

If you are looking to buy or sell real estate in California, make sure that you are working with a top agent who has been around and knows what they are doing.


 

In California there are over 300,000 people who have a real estate license. Everybody knows someone who sells real estate and everyone wants to tell you to work with this and that person. But is that agent actually good? You have a lot on the line, and there’s many questions that need to be asked before working with any Joe Schmoe referred by someone you know.


 

 

  • Is this agent the one who is going to find you a good deal?

  • Does this agent have the marketing capability to market your property to every potential buyer possible, worldwide?

  • Do they know about that special property that is coming on the market that only an inside agent will know?

  • Is this agent knowledgeable at negotiating when they come across a top agent that does?


 

These are just a few questions that you need to ask before working with an agent. Only a very small number of agents succeed at selling real estate (less than 10% of all agents), you need to make sure that you are in the right hands before venturing off in your real estate transaction.



 

Park Place is an industry leader in connecting people with the right real estate agents. We’ve handled thousands of transactions in connecting people with top real estate agents worldwide and we have over 800+ active real estate agents who work under Park Place Realty Network who live all over the world.



 

We have a database of hundreds of thousands of agents and we are able to tell how many sales each agent has sold and the price range of their transactions. NUMBERS DON’T LIE!! When we find an agent that fits your needs, we personally contact them and ask all of the right questions to make sure they fit what you are looking for. If so, we then get them in a contract to rebate 15% of their commission back to you at closing. They are willing to provide this rebate as we can then send them future referrals.


 

Whether you are looking to buy or sell residential, commercial, land, industrial, business brokerage real estate, we are able to connect you with the right top agent who can help. Not only will you be in good hands, you will also receive back 15% of the agent’s real estate commission at closing by going through Park Place, saving you thousands. To get started, go to our website https://www.topagentrebate.com/">www.topagentrebate.com/ and fill out the form to take advantage of this program.

 

Gold Coast School of Real Estate Information

Posted by flparkplacerealty on November 15, 2019 at 7:00 PM Comments comments (0)

You can get all of the links to access Gold Coast's courses and we will also provide you with the state exam prep tests for free, here. 



 


If you are in the process of getting your Real Estate License in Florida, click here to access free State exam prep questions which were put together by Gold Coast Schools of Real Estate.

 


Below is the directory to access each course by Gold Coast Schools of Real Estate:


 

Sales Associate

 

You can access the 14-hour Continuing Education course here

 


You can access the 45 hour Post License Course here

 


You can access the 28 hour re-activation course here


 

Broker

 

You can access the 60 hour Post License course here

 


You can access the 14-hour Continuing Education course here

 


You can access the 28 hour re-activation course here

 


You can access the 4 hour Escrow Management course here







 

 

We hope this information helps you to find what you need in all that Gold Coast Schools of Real Estate provides. If you need to somewhere to place your real estate license, you can place it with us and avoid having to pay Realtor/MLS fees. Go to our website www.ParkPlaceNetwork.com to see why we are the top real estate referral company.

 

Things every real estate agent in Florida needs to know

Posted by Park Place Realty Network on October 25, 2019 at 4:25 PM Comments comments (0)

Being a real estate agent in Florida is not easy. Sure, there is a lot of real estate properties that you can potentially sell to willing clients. And a lot of people are looking for summer homes in Florida. But there is also a lot of competition. Just know that in 2018 there were around 251,000 registered real estate agents working in Florida. So, in order to make it as a Florida real estate agent, you need to do your research and work hard. While the second part of that is entirely up to you, we can give you a hand with the first one. So, let's go over some things that every real estate agent in Florida needs to know.






What every real estate agent in Florida should know


Being a real estate agent in Florida will require you to be a jack of all trades. There are a plethora of skills that you need to hone in order to find real estate, communicate with clients and close deals. If you lack in just one of these skills, all others will suffer. So, your best bet is to first carefully read what you need to be good at. Then identify your biggest weakness. That way you will improve in the most efficient manner. And, hopefully, become one of the top Florida real estate agents.



Communications skills


As a real estate agent in Florida, your job will require you to communicate on a regular basis. You will either talk to buyers in order to understand their wishes and budget, or you will talk with sellers in order to figure out how to make the most money out of their real estate. Whatever the case, you need to be able to communicate your ideas clearly. You will have people from all walks of life coming to you for help. And, no matter your knowledge or skills, you won't be able to do so if you cannot communicate with them properly.



Teaching clients


A big part of communication is being able to teach your clients. Remember, 95% of them are absolutely oblivious of the real estate trends and the legal background of dealing with moving. And, even if you don't have complete knowledge of all these aspects, you need to know how to help your clients get it. This can mean letting them know about sites like movingkings.com in order to learn the basics of relocation. Or help them find a contractor to remodel their home. It is a part of your job to help them learn what they need to know in order to deal with real estate property.



Negotiation skills


One important part of being a successful real estate agent in Florida is being able to negotiate. Up to a certain point, you can rely on your other social skill, and on the willingness of clients to close deals. But, whether you like it or not, you will need to negotiate a bit in order to help your clients buy a home. There will come times where no other form of communication will be possible for closing a deal and seeing a transaction through. So, even though ideally you won't negotiate, be ready to do so. It's better to be a warrior in the garden, then a gardener in a war.



Adapting to the market


If you spend even a modest time dealing with the real estate market in Florida, you will learn that it is always changing. Certain styles of a home can become more trendy. People can start valuing things differently, new models of real-estate marketing can suddenly become viable... A bunch of things can happen. And, if you want to get to the top of the Florida real estate market and stay there, you need to learn fast and adapt. Remember, once a new trend sets in, it is always the early bird that gets the worm.



Keeping track of the Florida real estate market


The aforementioned skills are somethings that every real estate agent should have, regardless of the state they work in. But, the one thing that every real estate agent in Florida really needs to know is how to keep track of Florida's real estate market. Know that the timing of your information is almost as important as its content. If you wish to play the real estate game properly, you need to be aware of potential clients quickly. That way you'll be able to accommodate them as efficiently as possible.



Legal aspect


But, before we go over the skills required to follow the Florida real estate market, we would advise you to learn what the legal aspect of dealing with real estate is. Even though you can always get legal counsel to help you, we advise you to look up online on various legal aspects of managing real estate. From an agent's professional liability in Florida to financial claims and ownership paperwork. The more you know about the legal aspect of real estate, the smoother and less stressful your work will be.



Networking and following local trends


The essence of knowing and keeping track of Florida's real estate market is networking and following local trends. Remember, no good real estate agent is out there alone. Your best bet is to have a network of agents working with you. That way you'll be able to share information quickly and your future clients will have an easier time finding you. This is usually done by focusing on a certain area and then working with agents that are not your direct competition. This allows you to keep track of real estate trends in your local area. Also, to easily contact people that are outside of it, but are looking to invest in it. Remember, seldom can you find a successful real estate agent who works in huge areas. No one can afford to spread themselves so thin!



Written By: Lisa Robert with US Moving Experts

What it takes to become a Real Estate Agent

Posted by Park Place Realty Network on October 11, 2019 at 12:50 AM Comments comments (0)

The real estate market is one of the most competitive environments in the business world nowadays. It is a demanding career and not everyone is cut out to be a successful real estate agent. Being one is so much more than being any other seller. Real estate agents have to deal with the ever-changing demands of their clients and at the same time, they need to make a living. So, how do they do it? What are the habits of highly effective real estate agents that separate them from the average ones?






Habit no. 1 - Getting up early


You are probably familiar with the saying: The early bird catches the worm! Well, successful real estate agents know the saying too and they are trying to live by it. Practicing the right set of morning routines is also helpful to get your day started. Here are some good examples of morning routines you can try:


● Start your day with calming thoughts - You can pray, meditate, or just enjoy the silence, it is up to you;


● Encourage yourself - Tell yourself the inspiring words that will help you overcome fears and achieve goals;


● Visualize - Think about success and how you would feel after achieving it. One of the habits of highly effective real estate agents is following the footsteps of the people who have made it. You can easily find top real estate agents in your area and learn from them.


● Write down your thoughts and ideas - Your mind is as fresh as it gets in the mornings, so it makes sense that some of the best ideas will come to you right after you wake up.


There are many more things you can do if you get up earlier than before. Try to imagine how much more money you would be able to earn if your day lasted an hour longer.



Habit no. 2 - Taking good care of your health


It's not always easy to take care of yourself when you have a busy career and almost no time for yourself, but you have to make some. Your health should always come first. Remember, once you lose it you will not easily get it back and you'll be unable to perform the job you love so much. Start by making some smart food choices and devoting some time to physical exercise every day. It doesn't have to be a full training session, ten to fifteen minutes can be enough for your morning workout. You will quickly see the benefits. An early morning workout will help you feel more energetic and feel better about yourself. You will certainly need that confidence as the day goes by.



Habit no. 3 - Never stop learning


If you want to become one of the best real estate agents, you must never stop learning. Learners are earners, and nowadays you do not have to rely only on formal education. There are so many ways you can upgrade your knowledge. You should take all the courses that you can find, especially the local ones. For example, if you are coming from the West Coast, you cannot be familiar with everything it takes to become a Florida real estate agent. You will just have to find more about the specifics of your new area.



Habit no. 4 - Building relationships with your clients


When people come to you, they want to sell their old home or buy a new one. You are there to witness some of the greatest decisions of their lives. They depend on you to make their dreams come true, and that is a big deal. If you want to make your customers happy and excel at what you do, you will have to gain their trust. Be ready for many changes of heart from their part and even more compromises on yours. Be that as it may, they need to feel they can trust you. Your work doesn't stop when they sell or buy a home. They will need help moving, so you can help them find some reputable movers such as gibraltarvanlines.com and your clients will appreciate you even more.



Habit no. 5 - Having to-do lists


Planners and to-do lists are there to keep us on track all the time. Being organized is a priority number one for any successful real estate agent. Many deals, listings, clients, business partners, paperwork procedures can make you forget about something really important. So, always have a planner at hand.



Habit no. 6 - Keeping up to date


You just have to be in the know if you want to succeed in the real estate market. So, if you do not have a habit of checking what's going on in your community and following the latest market statistics, you'd better start doing so right away. People want to know that they can rely on a professional who knows it all. They want to know they are dealing with someone who can help them relocate to Florida from New Jersey with ease after finding a new home. You just have to be able to provide them with all the information they need at this stage in their lives.



Habit no. 7 - Being resilient


The real estate market is often volatile, and you need to learn how to survive. Prepare to get up as many times as the market knocks you down. There will be times when your efforts will be useless no matter how hard you try. That is when you have to be bullet-proof and show that you are cut out to be a great real estate agent.



Habit no. 8 - Being a networker


There is a common misconception that if you are an introvert, you are just not going to make it as a real estate agent. Luckily, the theory proves wrong. Both introverts and extroverts can be great sellers, but they need to be able to focus on other people. They need to have a networker’s mindset. For a good networker, a coffee shop or bar is as good of a place for meeting new potential clients as an office. Constantly looking for opportunities to meet new people just doesn't feel natural to all of us - it is a habit that needs to be built. Joining one of the real estate referral programs can be helpful here.



Habit no. 9 - Reading


Reading is so important for staying on top of your game. Not having enough time is not an excuse. Nowadays, there are many ways you can read without even looking at a book or a screen. Audiobooks are great for real estate agents who spend a lot of their time commuting. There are also many apps you can download to help you take in the content you like.



Habit no. 10 - Living within your means


This is one of the habits of highly effective real estate agents that is often learned the hard way. It is easy to get lost in impressive commission fees, but you should always try to save some for a rainy day.




Written By: Lisa Robert with US Moving Experts

Inactive Real Estate License in Georgia what are my options

Posted by Park Place Realty Network on October 9, 2019 at 5:50 PM Comments comments (0)



Question: I currently have an Inactive real estate license in Georgia and work in a whole other industry full-time. I saw your program and was curious. What can I do with this license?



Asked by: David Miller




Expert Reply: Hi David, if you have a real estate license in Georgia that is current but is inactive, you cannot legally collect a real estate commission. Inactive means that you are in good standing with your license, it’s just that you are not active under a real estate company. Our company Park Place Realty Network is ideal for your situation. You can place your license with our company as we are active in Georgia in which you would then have an active real estate license and can now collect real estate commissions. Whenever you know of someone looking to buy or sell any type of real estate worldwide, we would refer that person to a top agent who would handle the entire sale for you. You would then make a high portion of the total commission as a referral fee once that transaction closes. Go to our website www.ParkPlaceNetwork.com to get more details.



If you're wanting to sell full-time, your best bet is to join your local board of Realtors and the MLS associations and working with a local brokerage. I hope this answers your questions, if you have any additional questions, please let me know.



Correct ways to hold an Open House

Posted by Park Place Realty Network on September 20, 2019 at 10:40 AM Comments comments (0)

While holding open houses is not the only way to attract buyers, it can certainly be a very useful tool. As real estate agents don't usually send their clients to see open houses, this means that most of the people who will look at a home you're selling will have just begun their home-seeking process. As such, they'll need someone to listen to their needs and inform them on whether this particular home is a good fit for them. And if it is, then you've most likely just found a buyer! If it isn't, though, then perhaps you've found another client?




But, what exactly is an open house? Basically, it is an event taking place over a specific period of time when anyone can drop by and inspect the house. However, modern realtors will need to be prepared in order to get the most out of it. With that in mind, we've prepared this guide to holding open houses. After reading, hopefully, you'll know just what to do when it's time to hold an open house of your own.



Attract potential buyers


Before they're ready to hire the reliable professionals on instamove.com and relocate to a home you've sold them, you'll first need to reach the potential buyers. Of course, the more people that are aware of an open house you're holding, the bigger the chance that you'll be able to sell the property quickly and for a good price. How can you initially reach these people? There are several ways, and you should utilize all of them for maximum gain.


• Advertise the home digitally. Apart from using the social media, you can also use websites that are aimed at helping realtors and buyers alike, such as Zillow or Trulia. Just make sure that you upload enough high-quality pictures, that will provide viewers with plenty of important information about the property. Don't try to make the home appear better than it actually is, as doing so won't bring anything good once the potential buyers arrive.


• Next, you'll also need plain, regular, good old physical signs. Make sure that there are enough of them and that they will precisely lead interested parties to the property. Post them all around the neighborhood, however, don't put up an excessive amount of signs. As for when to put up the signs, it's often a good idea to post most of them some two hours before the open house commences. That way, anyone who sees the sign will usually have enough time to finish whatever they were doing and come see the house.


• Put the listing in print and also have brochures ready. Some people might avoid print listings and digital ads altogether. They could simply be driving by and then decide to check out the property right there and then. Having a brochure ready in such cases will prove to be useful. A finely-made brochure will feature all the important information related to the property - the asking price, the size of the property, and so on, as well as your contact information.


• Set the date and the exact time when you'll be holding the open house, and include it in all of your promotional materials. Most people will want to look at houses on Sundays, and then on Saturdays, so choose Sunday if you can, and if you can't, Saturday is the next best option. As for the time, we recommend the morning hours between 8 and 11 AM.



Do what you can to prepare the home


After you've done what you can in order to attract the potential buyers, you'll need to prepare the home so that it is in the best possible shape. You should work with your client to come up with an asking price that accurately reflects the quality of the home on the open house day, that is also not too high nor low when compared to prices in the neighborhood. Knowing the asking price right away will, of course, also be useful to potential buyers, as they'll be able to determine if it suits their budget. They can also calculate the cost of this relocation online to get the full picture.



There are several things you can do to prepare the home for sale:


• Work with your client to remove as much of their belongings as it is possible. Buyers will have a hard time imagining their lives in a home that is full of the previous occupant's belongings. What's more, it's best if your clients aren't present at all when you're holding open houses.


• Make sure that the property is in a presentable state. This involves home chores such as mowing the lawn, mopping and sweeping the interior, making sure that windows are clean, and so on. Basically, if you've ever cared about keeping your home in a good shape, you'll know what to do. Also, if you'll be holding open houses during the winter, try to obtain some pictures of the house that were taken when it was warmer (especially if the exterior is visible and it looks neat).


• Buyers should have easy access to the property. The driveway should be clear, so don't park there, and ask your client to park somewhere else too. If it's winter, remember to remove the excess snow from the driveway so that buyers can park easily.



Holding open houses 101


Once you've prepared the house, it's time to prepare yourself as well! The people who are searching for homes will decide whether the property is right for them based on its characteristics; however, you can still push them in the right direction. On the other hand, if they feel uncomfortable around you, that could make them look elsewhere.


• Greet the buyers as soon as they arrive, give them brochures, tell them about any home features that you think they might be interested in, and then let them look around at their own pace. After a while, talk to them again, see what they think and if there's anything you can do to help them make a decision.


• If visitors seem to be even slightly interested, it's a good idea to have printed additional documents with more information to hand out to them. These documents can include some general information on the neighborhood, as well as all the additional details related to the property that weren't on the brochure. For example, as buyers might be purchasing real estate for them and their family, mention all the best schools in the vicinity, show them a room that would be an ideal kids' room, and so on.


• Another good idea is to invite the neighbors as well. While this may sound strange (why would the neighbors want to move into a house that is so close to their current home?), there's a chance that they'll recommend the home to someone else. They would probably love to be living so close to their friends. What's more, if they ever need a realtor later on, you might be the first person they decide to call.


• Finally, be prepared for success. While holding open houses should eventually get you buyers if you do everything right, that probably won't happen during the first week (or even the second or the third). Still, this doesn't mean that you shouldn't be prepared. A loan officer should be present at all times. If you strike a deal, he or she will be able to determine right away if the buyer can prequalify for getting a loan, thus saving everyone precious time.



Written By: Lisa Robert with US Moving Experts


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