The Latest News in Real Estate Featuring News on Homes for Sale, Homes for Rent, Selling a Home, and Much More!
Showing posts with label miami beach rentals. Show all posts
Showing posts with label miami beach rentals. Show all posts
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 Worth• Just Sold• Active Listings• Best For Sale Deals• Active Rentals• Best 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, 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.
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.
Thursday, January 31, 2008
Homekeys Rentals is now available in all Florida Counties
As previuosly announced, Homekeys has launched a Beta Rental site across the State of Florida.
Homekeys Rentals is a division of HomeXperts Inc. a leading developer and integrator of online applications for real estate professionals and consumers.
The site offers rental services throughout 67 counties in the state of Florida. Users will also have access to an extensive network of agents capable of providing full real estate services in other States and in other regions of the World.
Homekeys business model offers renters and those renting their properties the best of both worlds: "the feel and touch of people and the heart and soul of technology".
Homekeys believes that a consumer-centered business model that uses technology to empower the consumers allows our agents to spend more time providing value with expertise, guidance and attention to transaction details. Today’s renters and property owners are fiercely independent and technologically sophisticated. They want transparency, professionalism and efficiencies.
Technology will never displace the human factor; it delivers 24 hours a day, 7 days a week to any corner of the World. Homekeys clients are able to conduct business on their time, not anyone else's. They know that when assistance is needed, someone from Homekeys will be available in a reasonable amount of time.
Homekeys has built an exclusive search listing tool tailored to the rental home market. In addition to the traditional tools found in other sites, Homekeys gives you access to rental listings that are comparable to your rental specifications and includes relevant informatiion such as average rental cost per square feet and the like.
We recommend you use Homekeys search tool to find your next rental and when you're ready, call them to make an appointment or make your appointment on line.
Homekeys welcomes your feedback. Tell Homekeys what you like, what you did not like and what you would like to see.
Homekeys Rentals is a division of HomeXperts Inc. a leading developer and integrator of online applications for real estate professionals and consumers.
The site offers rental services throughout 67 counties in the state of Florida. Users will also have access to an extensive network of agents capable of providing full real estate services in other States and in other regions of the World.
Homekeys business model offers renters and those renting their properties the best of both worlds: "the feel and touch of people and the heart and soul of technology".
Homekeys believes that a consumer-centered business model that uses technology to empower the consumers allows our agents to spend more time providing value with expertise, guidance and attention to transaction details. Today’s renters and property owners are fiercely independent and technologically sophisticated. They want transparency, professionalism and efficiencies.
Technology will never displace the human factor; it delivers 24 hours a day, 7 days a week to any corner of the World. Homekeys clients are able to conduct business on their time, not anyone else's. They know that when assistance is needed, someone from Homekeys will be available in a reasonable amount of time.
Homekeys has built an exclusive search listing tool tailored to the rental home market. In addition to the traditional tools found in other sites, Homekeys gives you access to rental listings that are comparable to your rental specifications and includes relevant informatiion such as average rental cost per square feet and the like.
We recommend you use Homekeys search tool to find your next rental and when you're ready, call them to make an appointment or make your appointment on line.
Homekeys welcomes your feedback. Tell Homekeys what you like, what you did not like and what you would like to see.
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