Agency realations ship with buyers and sellers NOTICE!
July 13, 2008
Must reading for Buyers!
Transaction Broker Notice
As of July 1, 2008 the requirement to give a transaction broker notice was removed from 475.278 of the Florida Statutes. Accordingly, FAR has removed the Transaction Broker Notice BRD-6tb and the Exclusive Right of Sale Listing Agreement with Transaction Broker Notice ERS-11tbx
What this means to you as consumers is that an agent not representing you and is supposed to be neutral to both parties involved in the sale and purchase of Florida properties does not have to notify you with a special form any longer.
*note; This neutral party is not supposed to have an allegiance to the seller paying him or her and you are no longer notified with a special form.
You ,as a buyer, will only be truely protected by a buyer’s agent.
This is very important to buyers. Please read; http://www.sunnyspotrealty.net/BuyersagentFlorida
I hope this warning is heeded by you. I do not approve of their changes as it puts the public at risk without warning.
Provided by Joseph Beauvais
- Cape Coral Home Buyer’s Florida, Agency information
Sunny Spot Realty Inc.
email: SunnySpotRealty@comcast.net
Phone (239)770-0686
Web site; www.SunnySpotRealty.net
They do not make any more Canal front home sites.
Prices are drastically reduced Cape Coral and Fort Myers Florida homes. In todays market. Tommorow?
Cape Coral Florida Real Estate is starting to really boom. See monthly sales.
Become a very smart buyer and choose the right time to buy for the future.It is now!
Subscribe to this blog and see what really is going on.
Choose me as a full time Buyer’s agent that represent you alone.
Call today! Sunny Spot Realty Inc (239)770-0686Email today! Joseph Beauvais Buyer’s agent
If you would like to link to my web site, to get better page rank, http://linksmanager.com/sunnyspotrealty/How Investors should buy homes in
Cape Coral, Fort Myers and Naples Florida
- Locate a true (experienced) buyer’s agent with only one hat. No listings.
- Be prepared with verification of funds or Prequalification statement from a lender no older than 15 days.
- Have cash for down payment.
- Choose a city with criteria like pool, age of home, salt or fresh water canals.
- Be liberal with top price to search. (up to 30% over)
- Decide if you wish to get a home with or future utility assessments.
- Ask Joseph Beauvais, “Currently, where is the money coming from for rentals?” Currently it is the Euro at $1.57. They are the targets for renters. Not locals.
- Ask, what type of home is attractive to those seasonal renters?
- Ask, Sunny Spot Realty inc. for the company that deals exclusively with foreign renters and can rent the home out resulting in a positive cash flow until the market changes.
- This is the one few agents like. Make several low offers on homes you selected all at once. Put a contingency in the offer. “Ask Joseph Beauvais” That will allow for visual inspection and choose the best one. NOTE: some are already listed extremely low. Adjust your offer accordingly. Ask Joe for a Market evaluation on properties of interest.
· If none is found this go around, Do the cycle over again.
Never fall in love with a home. This is an investment.
***Never think, “The market has not bottomed out yet, I will wait” This is like catching a golf ball when it hits the ground. Miss it by a little and the rebound is fast and furious. That is not even taking into account our low interest rates. The time to buy is when the market is flooded, demand is lacking and interest rates are low. Sound familiar?
Important Criteria
Any given area has unique properties. That may be Salt water canal homes, fresh water canal homes or unique gated communities. If builders are not able to duplicate your property with competitive pricing, this is where to look. Example; Salt water canal pool homes in Cape Coral and Fort Myers. They cannot create anymore building sites. Over one million has great potential. What is available is all there will be. “Supply and demand”
Be assured, High fuel ie electric heating costs will drive Florida’s homes to become very attractive before the rest of the U.S.
Using my methods you will be assured a making a great deal of money when flipping in 1-2 years.
Click. Web Site about Cape Coral canal homes
Email; SunnySpotRealty@comcast.net
Phone; (239)770-0686
Lets begin today!
Cape Coral Florida Salt Water canal front homes are unique in that they cannot build any more water front sites.
Our market conditions are extreamly favorable for buyers. Especially Euro buyers with the exchange rates as high as they are today. Mid page on this site, you may view current exchnage rates. Click> Todays Euro.
To learn about Cape Coral Florida canal types, go to Canal info Explained.
To read about and buy Salt Water Pool homes in Cape Coral or Fort Myers Florida click Salt water Pool homes
To find the owner and buyers agent for Sunny Spot Realt Inc.
My email: SunnySpotRealty@comcast.net Phone (239)770-0686 Joseph Beauvais Buyers agent Cape Coral Fl.
If you wish to have a reciprocal link to my web site, visit, http://linksmanager.com/sunnyspotrealty/
As a Realtor for 23 years in Cape Coral Florida, I often wondered why the public is so lacking in knowledge about the advantages of using a buyers agent and the differences between agency relationships.
It is still not obvious to me.
In Florida you have transactional agents and single agents. (listing agent or buyers agent).
A buyer should use a buyers agent and a seller should use a listing agent, right?
Double dipping is great for the agent but not very good for the buyer nor seller.
In Florida, an agent is known as a transactional agent until the request a single agency status.
Does the public know what the duties and loyalties of a transactional agent lies? I know the vast majority do not. Why?
Who’s responsibility is it to make sure the public is aware?
Can a part time buyers agent represent both sides in the best interest of each party? No!
Can a buyers agent change hats and become a proficient listing agent with all duties clear? Perhaps.
Can a listing agent, as the majority are, be nearly as proficient as a full time buyers agent? No!
So why is the public so lacking as an informed buyer?
Many do not care nor know about the differences, all they want is to buy that house.
I find that in dealing with many agents that they are totally confused about where their duties lie.
With the exception of getting the deal closed and over with.
I recommend that someone educates the public which will add value to our services. After all if an agent can be wear so many hats at will with little concern over loyalty why does the public need us?
I welcome your comments in a truly professional manor. Remember, everyone can view this forever.
This site tries to explain a buyers agent Buyers agent
My web site is http://www.sunnyspotrealty.net/
Joseph Beauvais Owner/ Agent Sunny Spot Realty Inc.
The rich are getting richer in Lee County Florida and why
April 22, 2008
The rich are investors and wise.
Money is made by those that have it and use it wisely.
Not all have enough cash, but they buy realizing the dept service is an important factor and worth the chance of investing at the right time.
When is the right time?
Today!
If you have seen my forecast on my web site, Why Buy Florida now?, you know I am right.
How can a beginner start?
Buy now in Cape Coral, Fort Myers, Fort Myers beach and Naples Florida.
The market has bottomed out. See the light! It is time to buy now.
Investors are buying see Monthly solds
Why not you?
I am a buyers agent waiting for you to contact me to find these great deals through foreclosures, distressed sellers or even short sales.
Contact Joseph Beauvais Owner/agent Sunny Spot Realty inc.
Call Today! 239-770-0686 or go to my web site, http://www.sunnyspotrealty.net/
Email; mailto:http://www.sunnyspotrealty.net/?subject=Buying%20in%20Florida
I have a web site http://www.sunnyspotrealty.net/ to which I get a lot of emails from “buyers” since I am a Realtor and buyers agent in Cape Coral Florida which owns Sunny Spot Realty inc.
Yesterday, I received an email from a Canadian wanting 3 fixer upper homes in Cape Coral Florida. He filled out my request form with his information properly with all contact information.
I naturally responded via email that same day. I try to get more information to ascertain if they are serious.
Are you going to get a loan?
Have you talked to a lender?
Do you have to liquidate anything before buying?
When would you be available to view the homes?
His response was, ” Just send me the information I requested please, no calls.”
I followed up with another email explaining that without all of the facts, it is difficult to narrow down what you are truly wanting to do and when. I explained that the truly great deals go fairly fast and without a time table you may get disillusioned when you find out the home is under contract already.
What I was attempting is to get communication and details so I know he is serious or not.
How would you handle this potential buyer?
Do you think he may be a real buyer?
From Canada, I question wanting fixer uppers as not knowing local contractors etc.
I further wanted to know the depth of work that is desirable. Paint and carpet is not a real fixer upper.
Do you think I am handling this right? Should I waste my time?
Florida Unemployment %5.7. How it effects buyers of homes?
January 20, 2008
Lee County covers many areas including Cape Coral, Fort Myers, Fort Myers Beach, Bonita Springs and more.The unemployment is an indication of things to come with more unemployeed, it means more will not be able to pay for the homes they have purchased.
More foreclosures.
For buyers it is an opportunity to help sellers out of this delema by purchasing during a severe down market.
People in the know with ready cash to invest are entering the best buyers market for many years to come.
This is to say, ” do not enter this market expecting to flip using all of your available funds.”
Many homes are available to fix up, or purchase at a severe discount.
I would risk my reputation by saying, “the market will turn around in 3-4 years, giving the investors a very handsome profit.
Buyers looking for that perfect home to live in for atleast 3 years at an affordable price can do no better than now for many many years to come.
I would love to be able to prove the rational to you and save you a bundle as a buyers agent.
I can provide you with over 22 years of experiance and advice.
I love helping people help themselves.
Call today Or email SunnySpotRealty@comcast.net
Joseph Beauvais Owner/Agent
Visit http://www.sunnyspotrealty.net for more information.
Newest gotcha for HOME LOANS Cape Coral Florida and the U.S.
January 11, 2008
While lender profits are expected, The newest is a gotcha for buyers.
The lender had shake can cost you dearly if you do not understand the loan pre-payment penalties.
With the amount of foreclosures in Cape Coral Florida, lenders are looking for a way to make selling the loan attractive and profitable.
Investors looking to purchase loans now are second guessing the feasibility of buying loans that may default.
The way around this for some lenders is to add a 2% pre-payment penalty that is adjustable. After all, people should not object as they are buying this home to live in for the foreseeable future (life).
Being knowlegable in statistics, as the owner of Sunny Spot Realty Inc for 22 years, a Realtor and buyers agent, I as well as the lender knows the buyers will probably sell within 7 years.
This alone will cost the buyers dearly when they sell. Only people that absolutely must sell can now afford to sell and use my services.
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Document stamps
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Taxes
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Insurance
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Realtor fees
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Title insurance
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“Closing costs”
As a buyers agent in Cape Coral Florida and serving Lee County, I watch out for these pitfalls as the now buyers become potenial sellers and again a client. Can they sell and use my services? Can they afford to sell? Did I serve them well allowing them to agree to such a loan.
Answer; NO!
What do you think? Any such incidents?
Visit my web site; http://www.sunnyspotrealty.net/
Owner Agent Joseph Beauvais Sunny Spot Realty Inc. Cape Coral Florida
Can you really become rich buying Real Estate?
December 14, 2006
Wow! all of these TV ads to buy wholesale and make a fortune.
Do they really work? How much time is involved? How to start? I have little money but good credit, can I buy?
Answers;
1. You can do all of this yourself. If you have tons of spare time and want to compete with hundreds of others doing the same. Remember time is money. Spend it wisely.
2.Yes, you can really make a fortune.
3. Yes, you can start with little money.
*Now let me tell you the real ins and outs.
Investors know when to buy. Down stock market is prime time. Watch the stock market. High, buy, Low, sell. Unless you want an income property. High stock market indicates investors are not buying Real Estate for investments. Great opportunity to buy and save distressed sellers from foreclosures.
*How to find them? Banks now list these with R.E. agents. You must find a good R.E. Buyers agent that is not lazy.
+ The best way to find these steals is to find an agent that works with companies that have many crews making offers on forclosed, Preforclosure, bank owned, mls and fisbo properties wholesale. You alone cannot possibly do all that they can do. Plus, if you try to do it yourself, you will get eventually emotionally attached or tired and pay too much. They add a little and sell at 20-30% below market. You need to buy their contract from them for cash. First you need to make absolutely sure you get a loan guarantee first. Do all the work with the lender first to make sure you pre-qualify (good for 2mts only). Choose your lender carefully and shop. This is not for the buyer with little money down. Sellers have lowered their prices so much that you would have to increase the sales price to cover the closing cost and have the cash to buy the assignment contract. The sellers will not and cannot do this. These are distressed sellers.
If you have good credit (620 or above) with little money. You must shop fisbos or Mls. To do this you need to find a Buyers agent that will show you more that a few homes and is energetic. Some are lazy.
I have the lender in hand that has so many programs to satisfy residential, investor or commercial buyers at very low rates. I have been working with all the above for 19 years.
If you want to buy in S.W. Florida, Lee County, I am a buyers’ agent that owns his own company. Go to my site and look at the wholesale properties. They sell in less than a month. These are assignments. Read about buyers’ agent on my web site. This site is only for buyers. http://www.sunnyspotrealty.net/ Joseph Beauvais
