The ultra-high-end real estate market is sizzling in spite of a weak
general housing market, meaning if you're in the market for an executive home,
now's a good time to sell. Luckily, there are pre-approval letters and
specialized luxury brokers to help you get past the ordeal of proving you're a
legitimate buyer.
There are a few costs that are involved in buying an executive home property
since you will become responsible for all the costs of maintaining the
property, including major structural repairs, routine repairs and improvements.
There are issues on mortgage repayments, mortgage protection insurances and other
life assurance to allow your family to pay off the mortgage. A good way to settle such issues is to ask
help from the experts. A good realtor is the best escape from all the hustle
and bustle. And in choosing the right realtor, you must consider the following:
·
Length of experience. Consider the difference between a part-time real estate agent who sells a
few properties for friends and relatives and someone who treats it as a
full-time business venture. The length and results of his or her job will
reflect her capabilities in the field.
·
License. Executive homes are of high and risky investments when you are with the
wrong agents. States have boards that license and discipline real estate agents
in those states. Check with your state's regulatory body to find out if the
person is licensed and if there have been any disciplinary actions or
complaints. This will help ensure that your real estate agent follow rules and
have been through intensive training in handling executive home properties.
·
Ask tips from previous clients. Get recommendations from friends and relatives,
and see which agents are buying and selling the most executive homes in your
neighborhood. Read online reviews, but realize they don’t tell the whole story,
since most clients, satisfied or dissatisfied, don’t write reviews. Interview
three or four agents to find the one who is the best fit for you.
Above all these, communication lapse of a few hours can mean the difference
between an accepted offer and a missed opportunity. With that in mind, choose
an agent who responds quickly in the mode of communication that works for you.
Tam Bay Realty LLC
1408N West Shore Blvd Suite 1000 Tampa, FL 33607
(813) 908-0706
http://www.businesslocallistings.com
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