Selling / Buying Process

The #1 Mistake Buyers Make When Purchasing a Condo in Miami

The #1 Mistake Buyers Make When Purchasing a Condo in Miami As a Realtor who has helped many buyers purchase condos in Miami, I’ve seen one mistake happen far too often. This mistake can cost thousands of dollars, weeks of time, and sometimes even the entire deal. Beyond the financial risks, it often leads to frustration, emotional stress, and disappointment.The mistake? Trusting your bank or a...

Understanding the New NAR Rules: A Guide for Miami Real Estate Buyers and Sellers

Understanding the New NAR Rules Introduction: On August 17, 2024, the National Association of Realtors (NAR) introduced important changes to the real estate industry, aiming to create a more transparent, fair, and flexible market for both buyers and sellers. These updates come as part of a settlement in lawsuits accusing NAR of violating antitrust laws by mandating seller-paid buyer broker...

The Appraisal Process: What Buyers and Sellers Need to Know

The Appraisal Process: What Buyers and Sellers Need to Know When buying or selling a home, the appraisal process is a critical step that can influence the outcome of the transaction. Here’s an overview of how appraisals work and what they mean for both buyers and sellers. What Is an Appraisal ? An appraisal is a professional evaluation of a property’s market value conducted by a...

How to Choose the Right Realtor in Miami?

How to Choose The Right Realtor in Miami? When buying, selling, or renting real estate in Miami, choosing the right Realtor can significantly impact your experience. With over 50,000 real estate agents in Miami, it’s crucial to know how to select the right one to ensure a smooth and successful transaction.Despite the large number of Realtors in Miami, only about 15% of them work full-time and are...

Understanding the home inspection process in Miami

When purchasing a residential property in Miami, a home inspection is a critical step in the buying process. While the inspection process for condos shares similarities with single-family homes, it has unique considerations. Here’s a detailed guide to help you understand what to expect and how the results can impact your purchase. Home Inspection for Condominiums 1. What is a Condo...