Thursday, October 03, 2019 / by Alexander Haigh
Most people have heard of the popular real estate website “Zillow”, but what you might not be aware of is something called their “big pivot”. Today, let’s get to the bottom of this recent development.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
0:18 - Introducing today’s topic and explaining what Zillow is for those who don’t know
2:49 - What Zillow’s “big pivot” is and what it means for agents and consumers
4:42 - How this big pivot will impact buyers and sellers, respectively
5:54 - The importance of researching agents before you hire them
7:15 - Sharing a few closing words
If you have any other questions or would like more information, feel free to give me or my team a call or send us an email. We look forward ...
Thursday, August 29, 2019 / by Alexander Haigh
What if a property doesn’t appraise?
There are a few ways a transaction can unfold following this event, and how it impacts you depends on whether you’re a buyer or a seller and what your circumstances are.
If you’re a buyer paying cash for the home, you probably don’t want to add an appraisal contingency because you’re already in a strong position to pay less than its market value and receive favorable terms from the seller. If you’re a seller in this situation, you’re probably OK with accepting a cash offer without an appraisal contingency because you’ll have a good idea of what your property is worth and you’ll be able to take advantage of other benefits this offer provides.
Whether you’re a buyer or a seller, you want to work with an agent who understands both sides of the transaction.
Let’s say you’re a buyer using financing to b ...
Tuesday, July 23, 2019 / by Alexander Haigh
Why did I get into the real estate business?
I first joined the industry about 15 years ago for two reasons: 1) I like to help people, and 2) I love to solve problems. And let's face it: The problems that can arise in the real estate business can either be very simple or very complicated.
Another reason is that my father was also in the real estate industry. I remember being a little kid sitting in his big, leather chair and watching him put together deals—I thought it was the coolest thing in the world.
My current family is another factor. As a business owner, I want to create a legacy for my daughter, Catalina.
So what sets the Haigh Group apart from other agents that you might choose out there?
One of the biggest factors that distinguishes us is that we’re a team. When you’re a single agent, handling everything on your own can be really difficult, and in your efforts to run your business, some important things can fall through the crack ...
Monday, July 08, 2019 / by Alexander Haigh
The latest numbers are in from last May in our South Florida market. How do they compare to the numbers we saw in 2018? Let’s take a look:
St. Lucie County:
The number of closed sales went from 598 to 609—a 1.8% increase
The number of sales paid in cash went from 164 to 122—a 22% drop
The average sale price went from $244,812 to $246,448—a 0.7% drop
The total dollar volume of homes sold went from $146.4 million to $150.1 million—a 2.5% increase
The number of new pending sales went from 600 to 634—a 5.7% increase
The number of new listings went from 657 to 688—a 4.7% increase
The months supply of inventory went from 3.5 months to 4.3 months—a 22.9% increase
The number of closed sales went from 238 to 206—a 13.4% drop
The number of sales paid in cash went from 103 to 83—a 19.4% drop
The average sale price went from $537,591 to $535,473—a 0.4% drop
The total dollar volume of home ...
Wednesday, June 19, 2019 / by Alexander Haigh
If you live up North and you’re thinking about moving to Florida, there are three important considerations to make before you start shopping for homes.
Before you do anything, though, you need to get in touch with a Realtor so they can help guide you through the home buying process. Hiring one won’t cost you a thing—the seller pays the buyer’s agent’s commission fees.
That being said, the three things you need to take into consideration are the as-is contract and its specifications, the role of attorneys when closing your loan, and flood insurance. For your convenience, I’ve provided timestamps of the video above where I discuss each point in further detail and how it applies to you:
0:50—The AS IS contract and its specifications
3:19—The role of attorneys when closing your loan
If you have any questions about these important factors or any other real estate needs I can ...