It's tough being the seller in a buyer's market. But you can improve your odds with the right research.
In many cases, making a smart deal and getting the best price come down to studying your market and being an educated seller.
You've got to know more than you would have if you'd sold a year ago. If you want to protect yourself, you have to become knowledgeable.
Recognize that housing markets are local:
Home prices are like the weather -- very different in different areas. In many markets, home prices have actually gone up from last year, says Dick Gaylord, president of the National Association of Realtors. In addition, demand will change depending on the price range and even the neighborhood.
What you need to know:
What's the demand for a house like yours in your area?
You have to look at what's being sold and at what price. That's important.
Look at comparables for similar houses. Study prices and sales for one year ago, six months ago, three months ago and the current numbers.
What are the trends? Are prices going up or down -- and by how much? How many days are homes staying on the market? If they are on the market longer, how much of that could be seasonal? In many areas, spring and summer are the busy seasons.
Pay special attention to the data between the list price and the sales price. That is, look for a meaningful relationship between list price and sales price.
Know what your house is worth:
Talk to a handful of agents. Get an appraisal from a certified professional appraiser. Look at your comparables. Taken together, that information will give you a pretty good idea of what your home is currently worth.
Analyze who is buying and selling in your market:
What's your competition? Who are the buyers, and why are they shopping?
Assess the market where you plan to buy:
If you're selling one house and buying another, look at the market where you plan to move. It might be that, with the housing there, it's a great time to buy.
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001.
http://www.honestyintegrityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 305.776.6113
Saturday, June 14, 2008
Monday, June 9, 2008
Existing Home Sales - Have we hit bottom?
The number of Americans signing contracts to buy existing homes unexpectedly rose in April as the first nationwide decline in prices since the 1930s lured buyers back into the market, a private report showed.
The index of pending home resales rose 6.3 percent to 88.2, the highest level in six months, following a 1 percent drop in March, the National Association of Realtors said today in Washington.
The drop in property values may be starting to lure some buyers who are able to qualify for loans, signaling purchases are begining to improve.
These are signs that sales could be bottoming out in some areas of the country. As for South Florida; luxury beach front inventories are begining to firm up. However, we need to see some strong numbers in the comming months to confirm this.
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties www.ArnowitzProperties.com is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyintegrityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
24/7 305.776.6113
The index of pending home resales rose 6.3 percent to 88.2, the highest level in six months, following a 1 percent drop in March, the National Association of Realtors said today in Washington.
The drop in property values may be starting to lure some buyers who are able to qualify for loans, signaling purchases are begining to improve.
These are signs that sales could be bottoming out in some areas of the country. As for South Florida; luxury beach front inventories are begining to firm up. However, we need to see some strong numbers in the comming months to confirm this.
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties www.ArnowitzProperties.com is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyintegrityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
24/7 305.776.6113
Thursday, June 5, 2008
For Immediate Release
Bradley E. Arnowitz, P.A. & Associates http://www.arnowitzproperties.com/ was responsible for the following transactions:
* Dr. & Mrs. Sam Moche have entered into contract to sell residence 1506 located at The Point, Atlantic II, 21150 Point Place, Blvd., Aventura, FL 33180. Bradley E. Arnowitz, P.A. & Associates are pleased to represent both the purchaser, Mr. & Mrs. Jacobo Rubinstein and the Seller.
*Mr. & Mrs. Ozturk have entered into contract to sell residence 405 located at 2080 Ocean Drive, Hallandale Beach, FL 33009 Co-broker representing the buyer is Horacio Ferrando.
*Mr. Carl Nickel has entered into contract to purchase residence 4707 located at Beach Club II, 1850 South Ocean Drive, Hallandale, FL 33019. Co-broker representing seller is Lana Tsema.
*Mr. John Sai has entrusted Bradley E. Arnowitz, P.A. & Associates with the exclusive sales and marketing of his waterfront home located at 230 Atlantic Isle Blvd., Sunny Isles, Florida. The web address for this property is: http://www.ArnowitzProperties.com/723446
*Mr. Harvey Spear & Mr. Rick Lippman have entrusted Bradley E. Arnowitz, P.A & Associates with the exclusive sales and marketing of their PH residence located at Mediterranean Village, 3900 Williams Island, Blvd., Aventura, FL 33160. The web address for this property is: http://www.ArnowitzProperties.com/719406
*Mr. Andrew D'Ascenzo has entrusted Bradley E. Arnowitz, P.A. & Associates with the exclusive sales and marketing of his property located at DUO, 1755 E Hallandale Beach Blvd., Hallandale FL, 33009. The web address for this property is: http://www.ArnowitzProperties.com/622621
*Bradley E. Arnowitz, P.A. & Associates is pleased to be the exclusive sales & marketing agents for a mixed use project located at 18802 W. Dixie Highway, Aventura, FL consisting of professional office space, retail, medical, condominiums, & lofts. Reinhartz Family Limited Partnership, a 30-year old medical company will be moving it's headquarters to this location and are the developers.
The web address for this property is: http://www.ArnowitzProperties.com/563986
Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyintegrityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
24/7 305.776.6113
* Dr. & Mrs. Sam Moche have entered into contract to sell residence 1506 located at The Point, Atlantic II, 21150 Point Place, Blvd., Aventura, FL 33180. Bradley E. Arnowitz, P.A. & Associates are pleased to represent both the purchaser, Mr. & Mrs. Jacobo Rubinstein and the Seller.
*Mr. & Mrs. Ozturk have entered into contract to sell residence 405 located at 2080 Ocean Drive, Hallandale Beach, FL 33009 Co-broker representing the buyer is Horacio Ferrando.
*Mr. Carl Nickel has entered into contract to purchase residence 4707 located at Beach Club II, 1850 South Ocean Drive, Hallandale, FL 33019. Co-broker representing seller is Lana Tsema.
*Mr. John Sai has entrusted Bradley E. Arnowitz, P.A. & Associates with the exclusive sales and marketing of his waterfront home located at 230 Atlantic Isle Blvd., Sunny Isles, Florida. The web address for this property is: http://www.ArnowitzProperties.com/723446
*Mr. Harvey Spear & Mr. Rick Lippman have entrusted Bradley E. Arnowitz, P.A & Associates with the exclusive sales and marketing of their PH residence located at Mediterranean Village, 3900 Williams Island, Blvd., Aventura, FL 33160. The web address for this property is: http://www.ArnowitzProperties.com/719406
*Mr. Andrew D'Ascenzo has entrusted Bradley E. Arnowitz, P.A. & Associates with the exclusive sales and marketing of his property located at DUO, 1755 E Hallandale Beach Blvd., Hallandale FL, 33009. The web address for this property is: http://www.ArnowitzProperties.com/622621
*Bradley E. Arnowitz, P.A. & Associates is pleased to be the exclusive sales & marketing agents for a mixed use project located at 18802 W. Dixie Highway, Aventura, FL consisting of professional office space, retail, medical, condominiums, & lofts. Reinhartz Family Limited Partnership, a 30-year old medical company will be moving it's headquarters to this location and are the developers.
The web address for this property is: http://www.ArnowitzProperties.com/563986
Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyintegrityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
24/7 305.776.6113
Friday, May 30, 2008
Two Minute Management Course
I recieved an email from my good friend on management and thought it was very entertaining. The name of the email was: The Two Minute Mangement Course. I'd love to hear your thoughts! I tend to agree...
Lesson One
An eagle was sitting on a tree resting, doing nothing. A small rabbit saw the eagle and asked him," Can I also sit like you and do nothing? "The eagle answered: "Sure, why not. "So, the rabbit sat on the ground below the eagle and rested.
All of a sudden, a fox appeared, jumped onthe rabbit and ate it.
Management Lesson - To be sitting and doing nothing, you must be sitting very, very high up.
Lesson Two
A turkey was chatting with a bull. "I would love tobe able to get to the top of that tree", sighed the turkey, "but I haven't got the energy." "Well, why don't you nibble on some of my droppings?" replied the bull. "They're packed with nutrients. "The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.
The next day, after eating some more dung, he reached the second branch. Finally after a fourth night, the turkey was proudly perched at thetop of the tree. He was promptly spotted by a farmer, who shot him out of the tree.
Management Lesson - Bull shit might get you to the top, but it won't keep you there.
Lesson Three
A little bird was flying south for the winter. It wasso cold, the bird froze and fell to the ground into a large field. While he was lying there, a cow came by and dropped some dung on him. As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was. The dung was actually thawing him out! He lay there all warm and happy, and soon began to sing for joy.
A passing cat heard the bird singing and came to investigate. Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him.
Management Lesson -
(1) Not everyone who shits on you is your enemy.
(2) Not everyone who gets you out of shit is your friend.
(3) And when you're in deep shit, it's best to keep your mouth shut!
This ends your two minute management course.
Lesson One
An eagle was sitting on a tree resting, doing nothing. A small rabbit saw the eagle and asked him," Can I also sit like you and do nothing? "The eagle answered: "Sure, why not. "So, the rabbit sat on the ground below the eagle and rested.
All of a sudden, a fox appeared, jumped onthe rabbit and ate it.
Management Lesson - To be sitting and doing nothing, you must be sitting very, very high up.
Lesson Two
A turkey was chatting with a bull. "I would love tobe able to get to the top of that tree", sighed the turkey, "but I haven't got the energy." "Well, why don't you nibble on some of my droppings?" replied the bull. "They're packed with nutrients. "The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.
The next day, after eating some more dung, he reached the second branch. Finally after a fourth night, the turkey was proudly perched at thetop of the tree. He was promptly spotted by a farmer, who shot him out of the tree.
Management Lesson - Bull shit might get you to the top, but it won't keep you there.
Lesson Three
A little bird was flying south for the winter. It wasso cold, the bird froze and fell to the ground into a large field. While he was lying there, a cow came by and dropped some dung on him. As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was. The dung was actually thawing him out! He lay there all warm and happy, and soon began to sing for joy.
A passing cat heard the bird singing and came to investigate. Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him.
Management Lesson -
(1) Not everyone who shits on you is your enemy.
(2) Not everyone who gets you out of shit is your friend.
(3) And when you're in deep shit, it's best to keep your mouth shut!
This ends your two minute management course.
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/
For more information, visit Arnowitz & Associates on the web @http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
24/7 (305)776.6113
Sunday, May 25, 2008
Memorial Day
Wishing our troops and soldiers a peaceful day; Thank you!
“It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived.”
-- General George Patton
Sunday, May 18, 2008
Contract Negotiations
Recently, while brushing up on my skills (KNOWLEDGE IS POWER) I came across an outstanding book called The 33 strategies of war. Placing my own interpretation on some of what I read; allow me to share some thoughts on negotiating.
AMIDST THE TURMOIL OF EVENTS, DO NOT LOSE YOUR PRESENCE OF MIND
In the heat of negotiations, the mind tends to lose its balance. Too many things confront you at the same time-unexpected setbacks, doubts and even criticisms from your own allies. There's a danger of responding emotionally, with fear or even frustration. It is vital to keep your presence of mind, maintaining your mental powers whatever the circumstances. You must actively resist the emotional pull of the moment- staying decisive, confident and on task no matter what comes at you. Make your mind tougher by exposing it to adversity. Learn to detach yourself from emotions, KNOW THE FACTS - HAVE THE NUMBERS - FAMILIARIZE YOURSELF WITH THE PRODUCT at all costs. Let others lose their heads; your presence of mind will steer you clear of their influence and keep you on course.
When I represent you, I will be prepared. That, I guarantee!
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/
AMIDST THE TURMOIL OF EVENTS, DO NOT LOSE YOUR PRESENCE OF MIND
In the heat of negotiations, the mind tends to lose its balance. Too many things confront you at the same time-unexpected setbacks, doubts and even criticisms from your own allies. There's a danger of responding emotionally, with fear or even frustration. It is vital to keep your presence of mind, maintaining your mental powers whatever the circumstances. You must actively resist the emotional pull of the moment- staying decisive, confident and on task no matter what comes at you. Make your mind tougher by exposing it to adversity. Learn to detach yourself from emotions, KNOW THE FACTS - HAVE THE NUMBERS - FAMILIARIZE YOURSELF WITH THE PRODUCT at all costs. Let others lose their heads; your presence of mind will steer you clear of their influence and keep you on course.
When I represent you, I will be prepared. That, I guarantee!
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/
Wednesday, May 14, 2008
Mortgage Market Conditions
"Mortgage Market Conditions" Reports
As a member of The National Association of Realtors http://www.realtor.org/home/index and a firm believer that "knowledge is power" I am pleased to share this report with you.
Please click on the following link:
http://www.realtor.org/MembRsch.nsf/files/FL.pdf/$FILE/FL.pdf
NAR Research is working to bring NAR members more information that is locally relevant. They just released three new projects that focus on state and local markets. The first of these is the State Mortgage Market Conditions report - with 32 percent of homeowners nationwide owning a debt-free home, subprime exposure is decreasing. The report presents the current level of subprime exposure and its impact upon foreclosure activity in our state.
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/
As a member of The National Association of Realtors http://www.realtor.org/home/index and a firm believer that "knowledge is power" I am pleased to share this report with you.
Please click on the following link:
http://www.realtor.org/MembRsch.nsf/files/FL.pdf/$FILE/FL.pdf
NAR Research is working to bring NAR members more information that is locally relevant. They just released three new projects that focus on state and local markets. The first of these is the State Mortgage Market Conditions report - with 32 percent of homeowners nationwide owning a debt-free home, subprime exposure is decreasing. The report presents the current level of subprime exposure and its impact upon foreclosure activity in our state.
About Bradley E. Arnowitz, P.A. & Associates
Bradley E. Arnowitz P.A. & Associates of Re/Max Beach Properties http://www.arnowitzproperties.com/ is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.
Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001. http://www.honestyinterityresults.com/
For more information, visit Arnowitz & Associates on the web @ http://www.arnowitzproperties.com/ or contact the firm @ Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009
ClientCare@ArnowitzProperties.com
24/7 (305)776.6113
http://www.arnowitzproperties.com/
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