Wednesday, December 30, 2009

Condo for Rent Sunny Isles Beach

Looking for condo apartment for rent in Sunny Isles Beach? Sunny Isles Beach is referred to as the City of Sun and Sea, and is located on in the northeast corner of Miami-Dade County. Sunny Isles Beach is midway between downtown Miami and Fort Lauderdale with easy access to entertainment, sports, recreational facilities, and tourist attractions. Almost one million vacationers visit Sunny Isles Beach annually to enjoy the 2 ½ mile-long fine sand beach and outdoor amenities. Water sports, boating, fishing, and tennis are just a few of the outdoor activities residents enjoy. As well as abundant shopping, dining and entertainment located nearby.
Find the best deals for your money at http://www.homekeys.com/ or call us at 877.325.8258.

Sunny Isles Beach Condo for Rent

Looking to rent condo apartment in Sunny Isles Beach? Sunny Isles Beach is referred to as the City of Sun and Sea, and is located on in the northeast corner of Miami-Dade County. Sunny Isles Beach is midway between downtown Miami and Fort Lauderdale with easy access to entertainment, sports, recreational facilities, and tourist attractions. Almost one million vacationers visit Sunny Isles Beach annually to enjoy the 2 ½ mile-long fine sand beach and outdoor amenities. Water sports, boating, fishing, and tennis are just a few of the outdoor activities residents enjoy. As well as abundant shopping, dining and entertainment located nearby.
Find the best deals for your money at http://www.homekeys.com/ or call us at 877.325.8258.

Estimating Property Values

ESTIMATING VALUE IS A COMBINATION OF ART AND SCIENCE
Homekeys was the first company in the US that offered FREE online estimations of property values to the residents of the State of Florida. Our Realtors believe their clients should have transparent access to all elements needed to make rational buying and selling decisions, and what can be more important that “property values”.
Estimating property values is easier said than done. Without exception, we all believe what we have is worth more than what it is actually worth to others. And this “gap in perception of value” becomes bigger during tough economic times as we are going thru now.
The challenge is to establish an objective, unemotional baseline for buyers and sellers so distressed sales and emotional purchases become the exception, not the rule.
It is no secret that sellers want to sell high and buyers want to buy low. But they often arrive at the negotiating table with very different ideas on price. A fair and objective property valuation can help buyers and sellers find common ground and streamline the negotiation process.
In the end, the property is worth what a buyer is willing to pay. But to help both buyers and sellers achieve their goals, both should have a fair and objective estimate of property value.
Unfortunately, even objective estimates are still estimates, and there is no way to assure 100% accuracy:
· Appraisals performed by a certified appraiser are not 100 percent accurate.
· CMA’s (Comparable Market Analysis) and BPOs (Broker Price Opinions) performed by a licensed broker or agent are not 100 percent accurate.
· AVM (Automated Valuation Model) technology is not 100 percent accurate.
All these methods, when properly executed, can provide a good indication of value.
However, we need to keep in mind that estimating value is a combination of art and science. Regardless of how scientific the approach, the actual sale price is subject to the unique variables of each property transaction: property condition, upgrades, current market conditions, circumstances of the sale and individual tastes.
For property owners, pricing correctly is a key to a successful sale.
1. Under-pricing can result in a fast sale, but carries the risk of leaving money on the table.
2. Sellers who price too high may find their properties lingering on the market, and statistics show that values can erode at a rate of about 1.5 percent per month.
3. Longer sales also increase the likelihood of a “distressed sale” when sellers become frustrated or encounter difficult financial circumstances.
Likewise, buyers should avoid emotional purchases. Overpaying because of "falling in love” with a home is common.
The science of AVMs
To determine a good baseline value for a property, Homekeys searches thousands of property records for comparable sales or “comps.” Homekeys uses advanced statistical models and proprietary algorithms and formulas to find the best comparable properties available. In addition to property characteristics, the system evaluates how recent comparable sales are and how close properties are from the property being evaluated. Once a base property value estimate is determined, it’s time to check active listings to see what similar properties are selling for.
The art of AVMs
The art portion of estimating value begins with understanding how comparable sales and active listings compare to the property being evaluated. Since they are nearby, it’s a good idea to drive by comparable sales and listed properties to see how they compare. To help you stay organized, you may want to use a buyer checklist when visiting properties.
After researching comparable sales and active listings, it’s time for the personal touch. Sellers know their own property and neighborhood better than anyone, so they are able to adjust base values according to individual property characteristics. Buyers can make similar adjustments as they visit properties to help formulate an asking price.
Depending on your research, a “market adjustment” may be warranted. If active listings are priced higher than your base estimated value, an upward adjustment may be appropriate. If prices are lower, a downward adjustment might be in order.
Finally, Homekeys enables buyers and sellers to make other value adjustments based on individual property characteristics and condition. Based on a seller’s knowledge or a buyer’s research, appropriate value adjustments can help both parties arrive at a fair selling price.
And though no property valuation system is perfect, AVMs can provide objective valuation estimates quickly and inexpensively, and the technology is improving all the time. As AVM technology continues to evolve and improve, it may prove to be a key to less-stress, more enlightened real estate transactions in the future.

Homes for Rent in Miami Beach

Advertisement brought to you by Homekeys based on information from the Local Area Board of Realtors on 12/28/2009.This property was listed by Bedrock Properties, LLC.
Harriet Court / $1500--TOTAL RENOVATION W/SPECTACULAR FINISHES. THIS UPSTAIRS CORNER UNIT IS VERY BRIGHT AND OVERLOOKS LUSH COURTYARD AND POOL. HIGH VAULTED CEILINGS, BEAUTIFUL WOOD FLOORS, NEW KITCHEN WITH EUROPEAN STYLE CABINETS, GRANITE COUNTER TOPS, SS APPLIANCES, AND W/D IN UNIT.
CLICK HERE for more pictures and information on this property.
CLICK HERE to Search 1000's of Houses and Condos for Rent.
Advertisement brought to you by Homekeys .
Availability changes daily, please visit http://www.homekeys.com/Rental or call 877-325-8258 for details. Hablamos EspaƱol

Tuesday, December 29, 2009

Homekeys Weekly Newsletter


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FEATURED ARTICLE
The Time to Buy is Always Right When You Buy For the Right Reason
Don't let the chorus of experts confuse you. These experts are the same that took us to where we are by selling a market that was totally unsustainable. Over the next year, general market conditions for home buying may get better - or worse - than they are today... Read More
Real Estate Headlines
Nervous Wrecks
Lenders' failure at mortgage modifications puts homeowners on edgeMarketWatch.gov
Citigroup, Fannie and Freddie Suspend Evictions for Holidays
Mortgage servicers and foreclosure attorneys to suspend evictions for occupied single-family homesMarketWatch.com
Mortgage Rates Rise
30-year fixed-rate mortgage stays below 5%, continuing seven-week streakMarketWatch.com
Pay the Mortgage or Walk Away?
The question more Americans are asking as the housing market continues to dragMarketWatch.com
Housing Starts Rebound in November
Multifamily starts jump 67.3%MarketWatch.com
Mortgage Applications Rose Slightly Last Week: MBA
Applications for mortgages rose a seasonally adjusted 0.3% last weekMarketWatch.com
More Declines Expected in SW FL Markets
Fort Myers/Naples area continues to be plagued by high unemployment and foreclosuresFREJ.com
Foreclosure Filings Skyrocket in Palm Beach, Broward, Miami-Dade
Lenders filed more than 7,000 notices in November against property ownersSun-Sentinel.com
Simple Mistakes Can Undercut the Best Home Sales
Problems can arise if the school district, ZIP Code, number of bedrooms or map coordinates are inaccurateSun-Sentinel.com

WHAT'S GOING ON IN MY NEIGHBORHOOD?
Research Links
What's My Home WorthJust SoldActive ListingsBest For Sale DealsActive RentalsBest Rental Deals

SEARCH TIPS
Using the Research Parcel
Each week we will be featuring a new tip to help you take full advantage of the tools Homekeys has to offer. This week's tip is "Using the Research Parcel." If you have any suggestions about tips you'de like to see, feel free to Contact Us.
The Research Parcel is a very useful tool when you want to know information on properties surrounding the one you are interested in. This is a great feature because you can go through the neighborhood of the property you�re looking at and get an idea of what other homes in the area are worth and what they sold for in the past.
Click the button to activate the tool and then click on the center of a property. A window will pop up with the property�s address and estimated value. You have the option to view details, which will give you the county record information on the property. In addition, you can choose from aerial view, comparables, or estimated value.


When you close the pop-up window a yellow box with the estimated value will be placed on top of the property. You can do this for as many properties as you like.
The Research Parcel works a little different when it comes to condos. When you click on a condo building you will get a list of the units inside. From there you can select a unit and get all the same information you would get from any other property. When you close the pop up window, now the yellow box displays the number of units in that building.
Next weeks tip - Searching for Rentals
Real Estate questions? Search help?What do you want to see in the next newsletter?Email Us

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Thursday, November 12, 2009

South Beach Living....

SOBE....a seductive world of art, fashion, Art Deco architecture, high stakes real estate, international business, tropical bohemia, and sexual adventure....Let our team help you buy or rent a piece of the action.... http://www.homekeys.com/



Condo For Rent in Akoya Condo, Miami Beach

Enjoy total luxury at the spectacular Akoya condo! This Akoya is located directly on the ocean. This beautiful 1BR/1.5 BA residence features: Stainless steel appliances, granite counter tops, marble baths, walk-in closets, floor to ceiling glass windows, private terrace w/glass railings. Building offers 1st class amenities: 24 hr sec, valet, pool, tennis, spa, state of the art fitness room, indoor racquetball, putting green & more!



For pictures and information on this property visit www.homekeys.com and enter
MLS number D1351409






this property was listed by Beachfront Realty, Inc

South Beach Living- Sales and Rentals

South Beach . . . where the bronzed and the beautiful work, play, shop, and let loose . . . where money and sex flow like the ocean surf . . . where stately palms sway over the languid curves and artful angles of a world of deco delight . . .



Lest us help you live the SOBE life... www.homekeys.com

Condo For Rent in The Collins, Miami Beach

Great building in the North Miami Beach area. This unit has a direct oceanview from the family room. The unit is upgraded with marble floors, new carpet in bedrooms, granite counter tops in kitchen, granite in bathrooms, fresh coat of paint, wash and dryer in the unit. Building has a wonderful pool area and awesome beach area. This unit is also available for seasonal rent and for sale. Owner is financially very strong, no worries of unit going to short sale or foreclosure!


For pictures and information on this property visit www.homekeys.com and enter
MLS number F1026716






this property was listed by Fortune International Weston

Wednesday, November 11, 2009

CondoFor Sale in Royal Embassy Condo, Miami Beach

Lowest Price Unit in Area!! Great high floor corner unit, wrap around balconies with fantastic views of ocean and intracoastal from every single room. Spacious 2/2, large master and large walk-in closet. In door assigned garage. 24 hr doorman and security. AC and cable incl in maintenance. Renovated Gym, party room and library.

For pictures and information on this property visit www.homekeys.com and enter
MLS number D1315649











this property was listed by Beachfront Realty, Inc.

2 bed room condo for sale in south beach

Bright and spacious unit, in mint condition, spectacular ocean views. Full size washer & dryer in the unit, marble floors though out. This building was redone in 2004 with impeccable modern taste. Owner will consider selling furnishings separately.

For pictures and information on this property visit www.homekeys.com and enter

MLS number D1358683






this property was listed by Prudential Florida Realty

Condo For Sale in The Waverly, Miami Beach--Water Views

Pre-Foreclosure!Upgraded! EXCELLENT LOCATION!!!!! 1350 SQFT apartment!!! Gorgeous views of Miami Beach, Ocean and Bay from this unit. Building offers bayfront pool and gym, 24 hour valet and security, tennis court, party room, billiards,ATM, wine shop,Yoga classes, spinning, BBQ area etc !


For pictures and information on this property visit www.homekeys.com and eneter MLS number F1011451





this property was listed by RE/MAX Partners

1 bed Room Condo For Sale in The Collins, Miami Beach--South Beach

Unit Leased For 1 Yr Perfect For Investor. Professionally Decorated & Completely Remodeled- Top Of The Line Appliances, Granite Tops In Kitchen & Bathrooms, Full Size Washer & Dryer, Valet Service, Full Size Gym

For pictures and information on this property visit http://www.homekeys.com/and enter MLS listing number D1288913










this property was listed by M Investment Realty, Inc

Home For Sale in The Alexander, Miami Beach

Priced To Sell. Amazing 2/2 Fully Furnished In The Luxury Alexander Condo On The Ocean. South Exposure, Low Floor/ Tile Floors And Carpeted Bedrooms. Hotel Services Available Include Shula'S Steakhouse, Business Center, Concierge, Maid Service....


For pictures and information on this property visit www.homekeys.com and enter
MLS number D1338859





property was listed by Beachfront Realty, Inc

Tuesday, November 10, 2009

Condo for Rent and Condo for Sale - Miami Beach

Have you checked today's weather in South Florida? Sunny, low 80's, breezy, no humidity, and the best is yet to come. Now more than ever is the time to start searching for condos for sale and condos for rent in South Beach, Miami Beach and North Beach. Homekeys is the only Real Estate company in the USA with an intelligent search engine; that is, a search that allows our clients to find out the best deals for their money in a matter of seconds. Try it; you will not be disappointed. Join us and you will see why Homekeys is the best kept secret in Florida real estate.

Friday, November 06, 2009

Home For Sale in Brickell On The River, Miami

BACK ON THE MARKET, IT WILL NOT LAST!!! TENANT OCCUPAID 1,900 PER MONTH ! PLEASE SUBMIT OFFER FAR-9 CONTRACT AS IS- BUYER MUST KEEP TENANT UNTIL FEBRUARY 28 2010!!!!!!!!BEST WATER VIEWS, BEST PRICE ,SHORT SALE FINAL PRICE AND COMMISSION SUBJECT TO LENDER APPROVAL, Move in condition, Spcetacular line faces east( MIAMI BEACH), do not miss this opportunity, price to sell, 2 bedrooms and 2 baths, Select Grade Crema Marfil Marble Floors, Lighthing thoughout the UNIT.



For pictures and information on this property visit http://www.homekeys.com/ and enter

MLS number D1332987







this property was listed by Acqua International Realty

Home For Sale in Murano Grande, Miami Beach

Short Sale, bring all offers. Live in the famed South of Fifth Neighborhood in a luxury 5 star condo with amenities galore. This unit is a 2 bedroom, with 2 full marble baths, bamboo flooring in bedrooms and soap stone throught the main room and kitchen. Window treatment and lighting is controlled by remote. Sold AS IS with right to inspeccion. Faces East with City View.



For more information on this property visit http://www.homekeys.com/ and enter MLS

number D1342414








Listing information courtesy of Beachfront Realty, Inc.

Highly Desirable, Guard-Gated Community Near The Falls! Stunning & Immaculate!

Highly desirable, guard-gated community near the Falls! Stunning & immaculate! This residence offers true versatility w/unique floor plan.Enjoy a grand theater or your 5th bd.Gourmet kit boasts the finest appliances & appts w/breakfast nook. Formal liv & din rm, large fam rm w/wet bar, beautiful marble-like flrs throughout. Huge master suite w/lavish bath, secluded lot offers privacy & allows rm for a pool.Lush landscaping & an imported outdoor fountain grace the grand entrance to this exquisite estate. For more info visit http://www.homekeys.com/ and enter mls number D1321471

Thursday, October 22, 2009

Is the Real Estate Industry Going to Be Different When We Recover From the Current Downturn?

It depends on who answers the question. Traditional real estate agents want to preserve the status quo; new entrants are trying to create a new game; and consumers want the best of both worlds: full service at discount prices. However, there is little doubt that the economic downturn is exacerbating the situation, but the reality is that it is only the tip of the iceberg. Prior to the downturn our industry was in the midst of a major transformation, as changes in consumer behavior and new technologies were driving innovations that we had not seen during the last 50 years. The truth is that consumer behavior impacts technology and technology impacts consumer behavior and as such cannot be ignored.
The economic downturn is going (and will continue) to impact consumer behavior. Our clients (and fellow neighbors) are experiencing the effects of the worst financial and economic crises since the depression of the '20s. The impact of these times upon our ways of thinking and behaving are impossible to determine, but a few patterns are emerging, among others:
1. Say goodbye to the equity-rich syndrome so prevalent a few years ago. Welcome equity preservation. Buyers and sellers will look at every single aspect of the process and seek ways to minimize transaction costs. Is the existing commission structure going to survive? It will not unless the role of the agent is changed. People are willing to pay for "value-added" support, but it will be up to the new breed of agents to convince the consumers.
2. Say goodbye to leveraging. Leveraging your life will no longer be possible as financing in every sense of the word will be available only to those who have the ability to serve the debt regardless of how low the rates are. How will this impact the number of agents? This translates into fewer agents, but those remaining will have a bigger slice of the pie.
3. Say goodbye to part-time agents. The days of part-time agents are gone, and this will benefit those individuals who are fully dedicated to the profession. This may be a good opportunity to raise entry barriers. Like in any profession, there are good agents and bad agents. However, it is too easy to obtain a real estate license, and traces of unethical behavior that are now found everywhere must be eliminated. This is the time to do it.
4. Welcome back savings. Saving will no longer be looked at as the exception, and people in general will have to work harder to earn less. The wounds of this economic downturn will be deep and will take time to heal. Living within your means will be the rule and not the exception. Consumers will be looking at every single economic and financial decision in their lives with a new set of glasses.
But in addition to the impact of the downturn on consumer behavior, the technologies around all aspects of our lives will continue to drive behavioral changes that will significantly impact the way real estate is transacted.
1. The Internet has leveled the playing field by making available to the consumer information and data previously controlled and limited by the agents. Consumers and agents will have equal access to the information, (which) will shift the control of the process to the consumers. Consumers will have instant access to property values and the tools to find the best deals in real estate.
2. The Internet will bring down transactional costs. Advances in technology and the ever-increasing sophistication of consumers are destined to change the way homes are bought and sold. Did the industry fail to recognize changes in the behavior and expectations of homeowners and investors? Today's consumers are tech-savvy, more independent, more sophisticated, more knowledgeable and want to be in control. They want to have choices. These choices will include but will not be limited to full service real estate, discount real estate and flat fee MLS options.
Almost every traditional brokerage house has a Web site that is mostly used to provide photographs and summarized property information. This is a step in the right direction, but not quite what the consumer wants.
Consumers want access to the same information and tools that professionals have. They want a buy-and-sell process that is easier, smarter, faster and cheaper. Consumers know that the Internet has made it possible to have access to information and resources that in the past only were available to professionals.
The Internet has also made it possible to provide these services at a fraction of the cost. Technology-based models are not a substitute for good judgment, but they are more efficient and transparent. These efficiencies result in lower cost of representation, and access to information and know-how that is completely unbiased and independent of the value of a property. Put another way, technology drives down the cost of representation.
The challenges in front of us are big and many. However, the future is as equally bright as the past. Those that understand the impact of the new technology on the consumer behavior will excel; others will fail, And do not blame it on the economy!
Mr. Iraola is a co founder and CEO of Homekeys.com a developer, integrator and provider of state of the art web-based information tools and services for the real estate industry.
Mr. Iraola currently serves on the Board of Directors of Central Hudson Energy Group Inc. (NYSE:CHG). He previuosly served on the Boards of Phelps Dodge Corporation , Southern Copper Co. and SWM.