Key Largo Real Estate by Sally Stribling

There is a lot of hard work that goes into buying or selling a house.

With today’s market and economy, that hard work has become even tougher.

That is exactly why it is critically important that you hire an expert to help you navigate through all the details and negotiations

Yes, there are lots of Real Estate Agents, but not all of them may be looking out for your best interest. Therefore the first thing you need to do in this process is to find a real estate agent that you can trust, that has experience and importantly has great negotiation skills.

From the experience side of things.

A few things to ask a prospective agent?

How long have you been in Real Estate?

Do you do this full time?

What are your sales stats for the last couple years.

(These may seem like intrusive questions, but any top-producing agent will actually welcome them)

The importance of Negotiation.

Negotiating is probably the most important skill that an agent can possess. The agent could be an excellent salesperson, but without negotiating skills you might not be getting the best deal for your dollar.

A really great agent will listen to the concerns of both the buyer and the seller and then work on something that benefits both parties.

A great negotiator will ask the proper questions to find out exactly what those concerns are, and in addition what each side wants to ultimately accomplish.

The goal being, to turn your transaction into a win-win situation for both parties.

Area knowledge.

An agent should have in-depth knowledge of the area in which the property is located.

From a seller’s perspective, knowing the actual value of the property and how much the sellers could get for it is vital.

From the buyer’s perspective, the agent should know about schools, local amenities and even which local business are in the surrounding area. On the subject of tax rates, building codes, home repairs and insurance costs, an experienced agent can also point out exactly where to get the information.

In conclusion, picking an agent that has the experience and negotiating skills to help with selling or buying a home is an incredibly important step. Be careful to choose a strong partner in your pursuit of either selling or buying.

Article courtesy of Sally Stribling

Sally is a Top producing Real Estate Agent,that specializes in the sale of fine Homes and Condos in the Upper Keys and South Miami area.

In addition she is the owner of the website www.keysbestproperty.com designed specifically to help people relocating to the upper Florida keys and it’s communities

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Basic overview:

When owners can’t show the bank how they will make future payments, the property in question goes into pre-foreclosure. During this process, the lenders notify the owners that the foreclosure process will begin unless payment is made. Pre-foreclosure buyers can help these unfortunate owners while saving money by negotiating a deal that is beneficial to both involved parties.
A huge advantage in buying a pre-foreclosure is the low price. Home owners in pre-foreclosure are very motivated to find buyers. In order to avoid dire long-term financial consequences, pre-foreclosure sellers are willing to close at well under market value.

You can save big by purchasing a foreclosed home. While it’s unfortunate that people are going into foreclosure, it offers you an amazing opportunity to buy a home at a greatly-reduced price. When buying a foreclosed property, there is sometimes danger that the previous owner has taken out their frustrations on the inside of the house. Though this is obviously not ideal for the home buyer, it may provide some leverage for getting the price reduced even further. I am an REO Expert and can help you

WHAT IS A REO ?
REO is an abbreviation for a REAL ESTATE OWNED property-real estate owned property indicates that the property in question has been foreclosed on and has been taken back by the mortgage lender or trustee. When a lender has taken the property back and a buyer cannot be found for the foreclosures sale it is then taken back and sold seperately. Often lenders (mortgage holder) hire a real estate agent through there internal reo department or hire asset management companies who hire the realtors list, market and maintain the properties professionally for them to sell and move these type of homes off the market. THis is where I come in with the REO Certification.

Important

REO properties are usually aggressively priced in the market place. Once and
REO becomes available , there are often times competitive offers on the
properties and they go under contract quickly. If you are interested in
being notified, the minute a bank owned property becomes available, please
complete the form below so that I can set you up on an automated email
notification system that will send you a message as soon as one of these
properties hit the market.

HOW SHOULD YOU PREPARE; Be ready to view the property and make your offer.
If you have a prequalification letter in hand from your lender of choice,
please have this available to submit it with your offer. If you are a cash
buyer, the REO owner will require submission of your proof of funds along
with your offer. The two options are REQUIRED when submitting an offer on an
REO Property. For more information on how to buy Bank owned foreclosures,
please feel free to call me or email anytime.

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