Dear Friends,

Welcome to our Miami Beach Real Estate Blog. We are always looking for input so if you have any questions or comments we would welcome them.  We strive to get only to give the best to our community.  Look forward to hearing from you soon.   


Take Care,

May 23, 2017

Miami Real Estate Housing Market 2017

Here's what you need to know about the Miami real estate market if you're planning on buying or selling in the next couple of months.Miami real estate market

There are currently about 7700 properties for sale across the Miami Metro area including lots, parcels of land, manufactured homes, single-family homes, and condominiums. The median list price as of the publishing of this post for May is currently $419,000. Days on the market hovers between 60 and 90 days.

We are technically in a neutral market right now, where we lean a little bit more towards the buyers market side, which means there is plenty of inventory and decent prices. There's been a 3.5 change in the home value index bringing the average home value to about $300,000. The median sales price according to other real estate websites is about $280,000 or $190-$200 per square foot. The median rent in Miami is skyrocketing, currently at $2250.

We haven't seen a dip in our market like many markets across the US. Ours has steadily been increasing since about May of last year. Our median sales price last year at this time was $255,000 and now were nearly at $285,000. However, our condo market has stalled slightly at the beginning of this year. Several real estate economists actually fill that by May 2018, condo prices may drop up to 40%. That's quite a big drop and while sellers should get on the ball now if they're planning on selling, buyers may want to wait until next year to see what happens. In the last six months, prices for condominiums have kind of stalled across the board. Several buyers, I've spoken with say they are waiting until 2018 if they can before they buy.

Back in November, a report from the Miami Association of Realtors showed that the third-quarter sales of existing condominiums dropped by about 19% compared to the same time last year or 2015. But, within the next month or two, prices increased by 6%. Miami also had a 13 month supply of existing condominiums on the market back in November and December, which is a strong indicator of a buyer's market. Because of this, some developers are actually pulling back on their developments because they don't want the supply of condominiums being outpaced by the demand.

Currently, the median list price for a condo in Miami $385,000 with a total inventory of about 5300 units. Days on the market though, are a little bit higher at 112 days for condominiums versus 92 for single-family homes.

If you're interested in buying or selling at this time give me a call. We can work up a strategy to help you sell for the most money or by at the right time. We can talk over all of the details of your situation and when might be the best time to buy or sell throughout Miami.

Posted in Miami Real Estate
May 1, 2017

How to Move to a Big City on a Small Budget

How to Move to a Big City on a Small Budget

Miami is a big city, that's no joke. Miami is one of the largest cities in the US and is one of the most expensive and fastest growing as well. If you are moving to Miami from anywhere other than major metropolitan areas like San Diego, Seattle, Chicago or New York, you might be in for a big sticker shock. Prices here are high, but that doesn't mean that you can't find something affordable.

There are simple ways that you can plan your budget and prepare yourself for moving to a large city. Remember, everything will be relative including general living expenses. But that also means that you might find a better paying job what you currently have depending on where you are relocating from. Living expenses, utilities, Insurance, rent or mortgage payment will all be a little bit more expensive in larger cities. Here are some simple ways to plan your budget and manage your finances if you're moving from a smaller town to a big city like Miami.

Create your moving budget. You should have a good idea about how much it's going to cost to get to your new location. Are you renting a truck? Consider gas, insurance, boxes and other moving supplies as well as traveling expenses depending on how far away are coming from. Write all of these numbers down to try to get yourself into a good budget to save for these expenses when they come.

Read More: 5 Tips to Plan for Your Next Miami Home

Clean out. Consider cleaning out all of the items that you don't need when you live in your new location. Will you be moving from a cold location to the Miami area? You probably don't need a lot of winter coats or cold season items. This is a great time to sell or donate what you're not going to take with you in order to save money and space.

Connect with a local real estate agent. If you're planning on buying, the first thing that you can do is connect with a local real estate agent. Because I work in the Miami area including outlying areas such as Coral Gables and Miami Beach, we can help hone in on the right neighborhood for your needs and your budget. You might not need a lavish downtown condominium but a smaller, outlying single-family home might work perfectly for your needs. Talk to your real estate agent about your budget and what you are looking for and they can help point you in the right direction. Because you don't know the area and you may not be familiar with the neighborhoods, it helps to have a local expert on your side.

Read More: How to Sell (and Buy) in a Hot Miami Real Estate Market

Consider a visit before moving here. Now, this might seem silly because you've probably already been here if you're planning on moving but that's not the case for everyone. Perhaps you are being relocated due to a job and you've never actually been to the Miami area. It can be a huge advantage to visit beforehand. You can check out the neighborhoods, get a good sense of the local market, and talk to your real estate agent about the best place for you to be.

Be cautious of hidden moving fees. If you use a moving company they will tack on a lot of different fees such as moving insurance, packing supplies, and long carry fees, which can incur wood trucks cannot park close to the home in order to unload. This is primarily the case in downtown areas such as Brickell and Brickell Key for condominiums so check those hidden fees for any additional costs.

Get free packing supplies. You might be surprised as to how many people are giving away boxes on advertising sites such as let go, offer up, and Craigslist. You can put a search out on social media to look for packing supplies or free boxes, which people who have just moved are very thankful to get rid of.

Read More: Downsizing to a More Affordable Location

Consider mailing heavy items. The US Postal Service media mail can ship items like books and DVDs for very inexpensive prices. Boxes weighing as much is 70 pounds could cost just $36 to ship. This service is especially helpful considering books are some of the heaviest items that people move.[Source]

Keep all of your receipts. Sometimes moving can be tax-deductible and there are certain restrictions and conditions that can apply but many expenses can be deductible so it's important to hang onto all of your receipts that you get including any traveling receipts to and from your new destination.

Related Post: 10 Things to Do as a New Homeowner - external

Moving can be stressful but as long as you have someone on your side in the big city then you can really benefit from their knowledge, expertise, and skills in buying and living in that city. Contact me any day for information on moving to Miami or Miami Beach. Because I have lived here most of my life and have a firm understanding of the micro markets throughout the area, I can help you find the right home at the right price.

Posted in Real Estate
April 26, 2017

Which is a Better Home Investment? Pool or High-End Kitchen?

Pool or high-end kitchen

It is not uncommon for homeowners planning to re-sell in the future to ask questions about the best way to invest renovation and remodeling dollars into their property. Sometimes the answer to these types of questions is a simple and clear cut one, other times the answer purely relies on the circumstance and can be determined by several factors exclusive to the particular home in question.

One of the most often asked questions in luxury home renovation investment is – Should we invest money in a pool or into a new kitchen?

From a homeowner standpoint currently living in and wanting to enjoy life to the full in the home, this can seem like a difficult decision. On one hand, a pool is a means to enjoy outdoor spaces and entertain guests. Outdoor spaces have become more and more desirable in recent years for home buyers. On the other hand, the kitchen has a long-standing tradition of being the center of the home, the room the whole family spends most of their time.

This is an investment question that is not easily answered with a straight answer. It really depends on where you live and the current condition of your kitchen and outdoor spaces.

If you live in an area known for sunny hot summers, where people tend to enjoy splashing around to stay cool, a pool can be a good investment. It is not uncommon for a luxury home to get passed up by certain home buyers in areas like these because a pool is on that must have list. In some areas, it is even expected that there will be a pool.

Read More: The Best Features That Really Help Sell a Home the Fastest

If you live in an area where a pool is a great added feature to a luxury home, but not a top must have item, you may consider putting your money into the kitchen. Not all people are pool people and some buyers in areas where pools are not expected it's can look like more work. If you invest in a pool in your home in this situation you will have to market it in hopes that the right pool loving buyer comes along.

Does your home already have a really nice kitchen? You might be able to get by with an update to the kitchen while still putting away some money for that dream backyard you have always wanted. Kitchens are great investments, but you do need to be careful not to go too over the top in the kitchen. High-end kitchens do sell, but when you start to get into the specialty high-end perks and features you need to be careful not to tailor your investment to a certain style.

If you plan to resell the home you will end up with the same marketing issue as the pool, trying to find the right buyer.

Before you invest your money in a home renovation do your homework on similar properties in your area. You can even give an experienced luxury home Realtor® in your area a call and ask them for advice.

Additional resources:

Simple and Easy Home Staging Tips to Get Your Home Sold

Important Points to Selling Your Home

Myths you Might Believe about Selling Real Estate

Posted in Selling
March 30, 2017

How to Schedule a Successful Inspection Appointment

A home inspection is an important and critical part of purchasing a home. Some buyers choose to forgo this step as it is not a legal requirement, but in most cases a home inspection is in the best interest of the buyer. Here are some good tips for setting up your home inspection appointment to make the best use of your and the inspector’s time and get to the next step in purchasing your new home.

How to Schedule a Successful Inspection Appointment

Before you make the appointment call, there are some things you will want to have ready:

Loan Approval- with the competitive nature of today’s housing market many buyers will start shopping for homes before they know if they will even be approved for a loan on the home. It is not uncommon for buyers to schedule an inspection and cancel the appointment at last minute because they found out they can’t get financing. This puts the inspector in a tough place as they held the spot they could have given to another buyer approved and ready to go.

Mutual Acceptance- This means that you have made an offer on the home and the home seller has accepted that offer putting you into contract on the home. A growing trend among buyers in this competitive market is to call for inspection before an offer is even made on a home asking for “pre-inspection” or “verbal inspections.” These terms are not actual things. Inspectors offer full home inspections regardless of when you schedule them. It is in your best interest and your wallet’s to wait until you find a home you love and have put on offer on.

Important Info About the Home to Tell Your Inspector Before They Arrive- Your inspector will need to know a few facts about the home like the size, year built, structure type, outbuildings, if it is occupied, etc. They will also need the address and clear directions if the home is off the beaten path. You don’t want the inspector lost and taking an extra hour just to arrive at the appointment.

Things to make sure of for the day of the inspection:

Will the Utilities be on?- There are many homes on short sale or that are banked owned in today’s market. Some of these homes have the utilities shut off. Inspectors will not turn on utilities because of liability issues and inspecting a home with no power or water increases the chances of an unseen problem. If your realtor can make arrangements to get the utilities turned on during the appointment this will be very helpful.

Does the Seller Know? Usually the real estate agent will make sure to inform the seller of an inspection appointment. If the home is unoccupied it is just good to communicate this information. If the seller is currently living in the home you will want to give them plenty of notice in hopes they can make arrangements to be out of the home during inspection.

One last tip:

Be Flexible- Most homeowners understandably will want to schedule an inspection during a time that works best for them. This is usually during the evening or on weekends for most home buyers. If you are hoping to not be put on a wait list or scheduled further out than you like, be flexible. Buyers who are able to be flexible will have greater success at getting an appointment in a timely manner.

For more helpful tips and advice about home inspections and the home inspection process please feel free to browse our blog or contact us anytime. 

Posted in Real Estate
March 16, 2017

Myths You Probably Believe About Selling Real Estate

If you're doing research on selling your home, you're probably thinking about pricing it correctly, writing tips on marketing and staging, and doing your homework on finding the best real estate agent to get the job done. I can't tell you how many times I have helped out homeowners that believe the wildest things about selling real estate.

Here are some truths about selling real estate and some myths you've probably believed for a long time.

Myths about selling real estate

You can always save money by selling it yourself.

There are a lot of homeowners that will start out listing the property "for sale by owner" that 85% of the time will eventually turn to the help of a real estate agent or broker to get the home sold. Babies are priced at two high, have not advertised it enough, have no connection to the local MLS, or have no idea what the market was doing to advertise the home accordingly.

By all means, try and sell a house or condominium yourself. But I'm just saying that statistics show that homeowners eventually turn to a real estate agent to list, price and market their home. Here's the ironic factor, homeowners that price their home by themselves tend to price it higher than market value. By the time they've dropped the price to where it actually will sell, it's a lower than where an agent would've priced it to get it sold correctly in the first place. The lost money is usually more than the commission it would've taken to use an agent to sell the property. Bottom line: it's not cost-effective to sell the home yourself. And were only talking about pricing the home, this doesn't even include time and energy on marketing, marketing dollars, understanding legal contracts, and making sure that your rights are protected during the transaction.

Read More: The Best Features That Really Help Sell a Home the Fastest

Zillow's estimates are accurate.

I know that this is a crazy and wild thought here but stay with me. Not everything you read online is true. I know, I know, you are reading this article online, but it's directly from the horse's mouth. You are hearing these facts directly from a real estate agent that has been in the business, has sold hundreds of homes, and understands the current market. Zillow is a search engine. It pulls numbers from title companies, escrow companies, and past sales. This is the only information it has to go on. It doesn't have a personal relationship with every homeowner, and it has no idea how micro markets and neighborhoods can change the actual market value of the house. I've had almost every single homeowners say, "but the Zillow estimate shows my house valued at X amount of dollars!" And my response to that is to show them comparable sales in the area that may or may not stack up to Zillow's estimate. It may be frustrating when homeowners think how much they could be getting for a house according to this estimate only to discover the truth of what the market is doing in their neighborhood or condo building. But, it doesn't matter what any of these numbers say, if the house doesn't sell, there's usually an issue with the price.

I have to have an open house to sell the property.

I'll let you in a little secret, open houses do not sell the house. Open houses are designed for two things: to appease the seller because they firmly believe an open house will sell the property, and to gain more buyers by sitting the open house. Whoever sets the open house may have potential buyers coming through that may or may not want this house. Chances are, they may be looking at houses to buy but this may not be the perfect one for them. However, that agent now has a new client simply by sitting the open house. The real way a house sells is by pricing it correctly, having amazing photos and staging it correctly and getting it marketed to the proper avenues. This is exactly where real estate agents the job is supposed to be. Holding an open house will usually not sell the house.

Read More:  When You Cant Fix Your Fixer Upper Before Selling

These are only three simple things but there are so common that I feel we need to talk about it. If you are serious about selling your condominium, estate, waterfront home or house anywhere around the Miami area find a trusted, reliable and experienced agent or broker to handle that sale. Because I am proficient in this area, I know the micro markets of places like Brickell, Coral Gables, and Miami Beach I can help you price your home correctly for the exact market in which you are selling. Let's get it sold quickly, stage properly, and closed on time. Call me today and let's discuss.

Posted in Selling
Nov. 22, 2016

E-Sign Can Streamline the Real Estate Transaction

E-Sign Miami Real Estate Transactions Make for a Streamlined ProcessE-Signatures in real estate

Paper has been the standard mode of real estate transactions and the transfer of funds in real estate for over 500 years, but with technology rapidly zooming past us, we are becoming more and more dependent on E-signatures, emails, texts, and electronic communication. Having everything in email or text, in writing, allows us to verify documentation easily. Although most of my career has utilized typing or handwriting numerous purchase and sale agreements repeatedly, the time has come to transfer all that information electronically.

Congress made this ever so easy by passing the E-sign Act of 2000. It supports electronic commerce and signatures verifying the validity and legality of all contracts and protecting the consumer in the process. Since then, most financial lending institutions have accepted electronic signatures for all lifestyles and businesses. Companies such as DocuSign handles over 70,000 users a day in a variety of industries and ZipLogix predicts a 100% increase this year alone.

While we consistently meet the needs of our clients and attend to wherever they are on the technology learning curve, several consumers, industries, and even lending institutions are having a difficult time with this transition. Distressed properties and bank-owned transactions seem to be the most difficult to accept the e-signature documents. This is not surprising because short sales can actually be one of the longest transactions to conduct and without the use of electronic documents, the speed and flexibility is greatly reduced.

I want to make sure that all my Miami real estate buyers and sellers know that they can feel confident with e-signature documents. We work with the highest level of security and consumer protection. The National Association of Realtors is consistently vying for a full acceptance of E-signatures in today’s real estate market. This reduces records and documents, paper trails and transfers them all into digital formats reducing clutter and providing the data faster and at a more reliable speed. These types of signatures also can offer greater protection against fraud, surprisingly enough.

If you are curious about this type of document efficiency but are still concerned about its legitimacy, give me a call and let’s discuss. I’m willing to work with any type of real estate transaction in the best way that fits your comfort level.

Posted in Real Estate
May 31, 2016

How Miami Cash Buyers are Competing with Other Cash Buyers

How Miami Cash Buyers are Competing with Other Cash Buyers in an All Cash Offer Environment.

It's a jungle out there! The Miami real estate market is booming with new condos and homes popping up practically every week, AND they're getting snatched up too - rapidly - by all cash offers. how to compete when all offers are cash

It can be extremely difficult for first time buyers or those financing to compete with these cash offers but it can happen, and then there's the cash offer that needs to compete with another cash offer.

I believe in both cases, the same type of tactics and strategies can work but it takes skill, knowledge of the market and a great agent and team to get the job done.

Here's How.

BE PERSONAL.

If you're not personal, sellers see you as a number or just a name on an offer. They attach no emotion to the offer and therefore it gets forgotten about and dropped to the bottom of the list. 

Being personal means your agent working closely with the listing agent, talking to them about the sellers needs and wants. Asking why the seller is moving; if there are any time frames they need and if there is anything specific the buyer can do to incentivize the offer. Simply asking and being honest can work wonders. 

I recently talked with a listing agent on a condo my buyers were eyeing. Before even placing an offer I called the agent and spoke to them about the seller. I informed the agent that my buyers were very impressed with the property and if the sellers had done any of the work themselves. (I also knew beforehand that many upgrades were competed before the listing so this was a prompting of more information from the listing agent). I mentioned that the sellers had great taste and that the place would be perfect for my buyers, who made mention that they wouldn't change a thing.

I also asked about the sellers personal life, kids, family, job - without sounding too intrusive. Their lifestyle closely matched my buyers which appealed to the seller and listing agent even more. 

This is not a brown-nosing technique but an honest approach to be personal in the offer and the approach. I stated we would send an offer through with very little contingencies and an escalation clause offering a few thousand over the highest offer to a certain cap. Just mentioning this gave even more incentive for the listing agent to promote our offer over others that may not have mentioned anything about their buyer. 

COMMUNICATION.

Staying in communication is also key. You can't submit an offer and then drop off the planet. I've had some buyers that make an offer then go on vacation. Needless to say those offers either fell apart or were hard to keep together when buyers can't be reached to sign documents. My buyers stayed close to the deal and I stayed on top of the listing agent to ensure our offer was being considered and if there were other offers on the table. 

Once it was accepted, I didn't slack on the communication. I assured the seller throughout the process that this was the deal to take by keeping to projected time lines and being prompt in responses. 

Simply being honest, personal and having good communication can get you light years ahead of the competition, even with multiple solid offers. 

Ready to get the home of your dreams? Call me today! Let's do this!

Posted in Real Estate
May 17, 2016

Miami Real Estate is Front and Center at the International Real Estate Show

Each year, the International Real Estate Show emphasizes real estate throughout the world and this year was the show's 27th annual conference held in Cannes France. Numerous Miami Realtors promoted South Florida real estate at the world's leading property show.Miami Real Estate is Front and Center at the International Real Estate Show

Our outdoor lifestyle, multilingual workforce and world-class amenities had an impactful presence at this a global real estate exhibition. Partnering with the National Association of Realtors, Miami leaders and members were front and center at this year show.

Miami has been well known for world-class destination offering top-of-the-line amenities, over 80 miles of coastline and a multicultural population with endless investment opportunities. During the conference, Miami had one of the most popular booths. People are representing the commercial members on the world stage and it was an honor for those that participated in the events.

Miami has a universal appeal so it's only natural that this booth was a key factor at the show. The interest in Miami from numerous real estate professionals around the world only confirmed this universal appeal.

Several Miami leaders attended the show including chairman of the board of the Keyes company, chairman of the board for EWM Realty International, infinity commercial real estate chairman of the board, the 2016 residential president of the Gutierrez Group Miami Real Estate and numerous other partners and real estate professionals.

These Miami leaders made four distinct to 30 minute presentations. A general overview of South Florida was given as well as an update on the area's growing number of international homebuyers and investors in both commercial and residential opportunities. The show alone offered its own opportunities to connect and network with global business professionals in order to showcase the growing demand and interest in the Miami area.

More: Is Miami Set up for Serious Growth?

In Miami alone for real estate buyers made up 36% of the total sales volume in 2015 alone. This is equal to $6.1 billion according to the 2015 Profile of International Home Buyers in Miami Association of Realtors Business Areas.

Over 90 countries participated at the International Real Estate Show with over 21,000 leading real estate executives and more than 4800 investors. This four-day show is a true global real estate industry phenomenon. Investors, developers, architects, development groups, mayors and property associations gathered from around the world. Miami has its own global business hub and to showcase this, the Miami booth produced and distributed a 12 page South Florida real estate informational brochure to participants. The US market also featured a USA Pavilion including several states, one of which being Florida. Other areas included Metro regions of San Diego, Las Vegas, Missouri and Nevada.

More: Miami's home prices could rise 7% on average by next year

Miami is quickly becoming one of the top world-class global cities not only in the states that internationally as well.

For more information on Miami real estate or becoming a part of the real estate industry throughout South Florida contact me today. For more details or to stay abreast of local information as well as global details throughout the Miami real estate market stay tuned to my blog. [Source]

Posted in Miami Realtor
May 3, 2016

Miami Home Prices Up Over 7% By Next Year?

Miami home prices up 7%

According to a recent article in Core Logic, projections show that home prices should be up 5.3% in June 2017. Already there's been a 2.1% gain of the national single-family sales and a 6.7% year-over-year in home prices including all distressed sales. Distressed sales made up .1% of this figure.

Core Logic predicts a forecasted 5.3% year-over-year change including all distressed to sales for March 2016 to 2017. .3% of these are projected to be distressed sales.

According to the graph, in 2007 year-over-year percent change dropped below the 0% and proceeded to fall downward until the beginning of 2009 to an estimated 18%. In 2010 there was a short rise and a drop to get a 2011. But since April 2012, prices have continued to rise with a short dip in 2015. However, prices are increasing dramatically and projections show a favorable housing market over the next 12 months.

Many states have reached new highs in sales including Washington state, Alaska and Colorado just to name a few. There were no states that showed negative home price appreciation.

Even though Miami and Florida in general are still further away from their peak, they're not nearly as bad as they were just five years ago. The Miami, Miami Beach and Kendall Florida Metropolitan division as a 2.1% month over month increase with an 8.4% year-over-year percent change. Market conditions indicate undervalued homes and forecasted month-to-month change of 1.4% and year-over-year percent change of 7.1%.

For single family homes, the Miami area and Florida as a whole projects an 8% increase in home prices as of March 2017 including all distressed homes. 

What does this mean for buyers and sellers?

Buyers - Get in now. Home prices are rising and inventory for single family homes are dropping. More and more condos in the downtown area are going up and prices will continue to rise.

Sellers - Consider a sale now if you have to. Waiting, especially on a single family home could net you more in a year but it's not a guarantee. Condo sales should consider selling now as the market may be saturated in the next 5 years. 

Need more answers? Talk to me anytime about selling or buying in Miami. For accurate, honest answers, tips and mortgage advice, contact my office today.

 

Posted in Miami Real Estate
April 26, 2016

The Best Features That Really Help Sell a Home the Fastest

Nobody wants to sit on the market longer than they have to so sellers are looking at doing everything possible to get the highest price for their home. Turns out, there are a lot of features that buyers are really like and they've helped sell homes a lot faster and for top price. Here are 10 features that really help sell a home fast and for top price.

#1. Outdoor kitchen.Best Features that help sell a house

This is really easy to do in Miami since a lot of homes already are set out for an outdoor living space. The outdoor kitchen is more than simply a barbecue; it's usually a barbecue space, outdoor refrigerator, sink, counter space and then of course the dining area. These homes tend to sell 19 days faster than homes without outdoor kitchens and 3.7% of homes sell for about their expected value.

#2. Tankless water heater.

This easy to install, convenient and more efficient water heater is one of the more popular features that many buyers are looking for today. 4% of homes sell about their expected values and they sell 43 days sooner than homes without them.

#3. A great backsplash.

A unique backsplash is all the rage now and whether it's white subway tiles or miniature tiles in a variety of colors, this backsplash in your kitchen and bathrooms can really pop. Homes sell 46 days sooner on average with a 4.1% higher value.

#4. Granite or quartz counters.

Yes, we are out of the granite and stainless steel air up at homes that have older countertops are just not selling as fast. 4.1% of homes sell about their expected value 38 days sooner than homes that do not have granite or high-end quartz counters. This alone might be worth installing it before you sell.

#5. Heated floors.

This type of benefit is really heating up, no pun intended in places like Seattle and Portland but it's still a unique feature that makes 4.3 homes sell about their expected value that have heated in-line floors.

#6. Frameless shower.

A frameless shower enclosure is made up of 3/8 inch to 1/2 inch tempered and polished safety glass. It has a greater strength and does not require heavy metal framing around it. Apparently this is all the rage because 4.6% of homes sell about expected value 38 days sooner than homes without it.

#7. Pendant lighting.

Gorgeous pendant lighting hanging down on islands, on buffets or even dining room tables are creating quite a buzz. These unique pendant lighting can really pinpoint the light where you need it most. 4.6% of homes sell about expected values 48 days faster than homes without it.

Best Features that help sell a house#8. Farmhouse sink.

Farmhouse sinks are all the rage and many homes can sell quicker simply by having this style of sink in the kitchen or even in the bathroom. It creates a unique look and something that's not common in a lot of homes. It really stands out and makes 7.9% of homes sell about expected value 58 days faster.

#9. Shaker cabinetry.

This is one of the most popular style of kitchen That which is characterized by a five piece door with a recessed center panel. Some cabinet lines differ in the drawer or from different cabinet doors but this style makes 9.6 homes sell above expected values and  45 days sooner.

#10. Barn door.

A barn door installed in a bathroom or even through a bedroom is becoming quite popular. These barn doors swing back and forth and slide on tracks making it easy to save extra room from a door not swinging in or out of the room. However, you do need the space above the door for the door to completely roll over to one side. It's pretty much the modern pocket door. However, homes sell 13.4% above expected value, 57 days faster.

Now while this list is not true for every home throughout the Miami area, simply installing or renovating your home to include a few of these items could really help sell it faster and for more money. Miami is a hot real estate market now and to get the very most from the sale of your home, it's best to appeal to a wide range of homebuyers. For details on how to stage your particular Miami home for sale contact my office today.

 

Posted in Selling