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26 March 2024 | 0 replies
Palm Beach isn’t merely experiencing growth; its reveling in its future.Cash transactions, representing confidence, in abundance held steady at 47.3% indicating a community that values security and financial stability.And here’s where the enchantment begins; the median sale price surged to $615,000 showcasing a 11.92% climb from February 2023.Palm Beach is more, than a location; it represents the lasting appeal of investing in estate.The numbers truly tell a story!
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29 March 2024 | 75 replies
While their expertise is invaluable, it's important to remember that ultimately, they represent their own interests in the market.Therefore, I encourage you to take the initiative to run the numbers and analyze the data thoroughly.
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25 March 2024 | 15 replies
First off, what type of investors are you representing?
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25 March 2024 | 0 replies
. - Cash buyers could be big 'winner's' as generally there are fewer contingencies and theoretically could obtain a lower sales price and pay their representative directly. - First time home buyers (presumedly those that most intended to bring down 'affordability' could find less housing options)..why?Â
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25 March 2024 | 13 replies
Newer brokerage policies in our mls have more clearly separated listing and buyer broker fees, so you can likely interview nearby buyer brokers who will provide the service for a set cost or possibly work with you to represent you on an agreed upon sales commission where if seller doesn’t offer to cover it, there’s a minimum you’ve agreed to pay to broker on any purchases that are realized through their service.
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26 March 2024 | 34 replies
That cost segregation will reclassify certain components of your property from 39 year life (depreciation life for an STR property) into 5 and 15 year life. 5 and 15 year property can generally represent anywhere from 20-30% of a property’s purchase price.So, if you had a $1 million dollar property and did a cost segregation structure, anywhere from 20-30% could be resegregated and fully depreciated.
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25 March 2024 | 2 replies
Under the laws of most states, when a corporate entity is dissolved, until a court appoints a receiver, the business and affairs of the entity shall be managed under the direction of the trustees of the entity’s assets to undertake the acts necessary or proper to liquidate the entity and wind up its affairs.In the context of LLCs most state laws permit the remaining members (or sole surviving member) of a limited liability company or, if the LLC has no remaining members, the personal representative, guardian, or other successor to the last remaining member of the LLC to wind up its affairs.The title company needs to do its research and not resort to the "you need to reinstate the LLC" position that many default to.
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24 March 2024 | 2 replies
Represent owner only or represent both sides. Â
25 March 2024 | 214 replies
That alone will change the relationship/structure/agreements between buyers and their representative.
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25 March 2024 | 8 replies
I am currently representing an FBO that is for sale.Â