Monday, March 14, 2011

Out Of Town Buyer?

Being an out of town buyer in today’s southeast Florida real estate market can be a challenge. Desirable, well-priced properties are selling better than they have since the market crash that started in the Summer of 2005. It is often the case that good properties aren’t available during a buyer’s short visit to the area. Looking at sales in Broward County in the last 90 days, I see that well-priced properties, properties listed within 10% of recent comparable sales, are selling fast. Foreclosures are getting offers over list in a third of the cases. I sold one last week within hours of it coming on the market, with multiple offers coming in.

Here are some ways I am able to help my clients find the best property, at the best price, as an out of town buyer.

I can set you up to get automatic emails of any property that may be of interest to you as it comes on the market. All listings, including foreclosure properties, are listed on a MLS system in this area. If a property that meets your criteria is listed today, comes back on the market, or has a price reduction, you will automatically get an email alert of it. If you would like to subscribe to this service the best way to begin is to answer the questions found on my Buyer Survey at:

Keep in mind, I don’t necessarily see the properties you are receiving. Please email me with any questions you may have on a property as soon as you receive them. As a native of the area with over 30 years in real estate, there isn’t a condo, city or neighborhood in Broward that I am not familiar with. I will give you invaluable, unglossed information to help you make an informed buying decision.

If a property is something you are seriously interested in I can make a custom video of it that can be viewed online. You will probably find that this gives you a very good picture of a property. I have sold many properties this way to out of town buyers. Due to the time involved in accomplishing this, please only ask that this be done until you have looked at all available information and pictures and are serious about the possibility of a purchase.

If you decide to make an offer on a property site-unseen, I can provide details on recent comparable sales and advise you on the sales history of the property, the situation of the seller, and other pertinent information to determine the best offer price and strategy. I will then prepare an offer that can be signed by you via email.

In the best case scenario, you would have a week or two to come to the area to see what you have contracted to buy. This way you are not coming to the area to see a property that you find has already sold when you arrive. There are a number of ways to structure an offer where you would have the ability to cancel the purchase within a short time frame, without specifically adding a clause that the contract is contingent on your personal inspection on some future date; terms that sellers typically won’t accept, and don’t accept if it is a foreclosure.

Of course, I offer this incomparable level of service only to buyers who are loyal to me as their Realtor. My time and knowledge are valuable commodities that I try not to give away. My website at should give you a sense of my knowledge of and experience with greater Fort Lauderdale real estate.

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