Vero Beach Real Estate News

thrive in a seller's market


Are you hunting for a home in a market where inventory is low and there
s often a bidding war for properties in your price range? Follow these tips to maximize the chance youll close.

1. Treat your hunt seriously. House hunting must be your priority, not your weekend hobby. Check new listings regularly, be prepared to drop everything to view a home when it hits the market, and be ready to make a quick decision.

2.  Bring paperwork, not promises. Want to be taken seriously by the seller? When you visit homes, bring a mortgage pre-approval letter and a proof of funds form from your bank showing you have enough to cover the down payment.

3. Consider waiving what-ifs. Home buyers often include contingencies when making an offer so they wont lose their deposit if, for example, the home doesnt pass inspection. Waiving contingencies could help you close a deal, but this definitely is not a move for the faint-hearted. To gauge your risks, consult your Realtor and check www.realtor.com/advice/buy/what-really-happens-when-you-waive-contingencies/

4. Dont play hardball. This isnt the time to try to low-ball on price. Bid aggressively  while still staying within a monthly budget you can afford.

5. Widen your search. Youll increase your chances of finding a property if youre willing to consider homes outside your ideal neighborhood and houses that may need some remodeling or renovations.

 

Source: Realtor.com

 


Posted in:General
Posted by Maria Caldarone on March 24th, 2020 10:55 AM
How to Help a House Sell Faster
Posted in:General
Posted by Maria Caldarone on March 17th, 2020 9:29 AM
STAGE YOUR HOME TO SELL

Stage Your Home to Sell
To earn top dollar and sell your home more quickly, you need to make it stand out from the competition. And one of the best ways to do that is through staging. 


4 Reasons to stage 
1. Your home will shine online. Buyers first found 92% of the homes they visited on the internet. Good staging can make your home stand out before buyers even visit. 
2. It shows off the potential. 77% of agents say staging makes it easier for buyers to visualize a property as their future home. 
3. It spurs walk-throughs. Clients are more willing to walk through a home that has been staged, according to 40% of agents.
4. Your home will sell faster. Nearly two-thirds of agents say staging decreases the amount of time a home spends on the market.

6 most important rooms to stage
1. Living Room 
2. Master bedroom 
3. Kitchen 
4. Outdoor space 
5. Dining room 
6. Bathroom 
Posted in:General
Posted by Maria Caldarone on March 10th, 2020 10:34 AM
Posted in:General
Posted by Maria Caldarone on March 3rd, 2020 9:53 AM

Warren Buffett is one step closer to dominating the U.S. home brokerage business.

HomeServices of America Inc., a Berkshire Hathaway Inc. affiliate, had a hand in more closed real estate deals than any other residential brokerage in the U.S. for the first time ever, a ranking from Real Trends, an industry data provider, found. A year ago, when HomeServices was ranked second behind Realogy Holdings Corp.’s NRT LLC unit, Buffett said in his annual letter to shareholders that the company would have about 3 percent market share in 2018. Only “97 percent to go,” he wrote.

HomeServices closed 346,629 transaction “sides” for a total sales volume of $135.9 billion by representing the buyer or seller in deals in 2018, according to the report. (The same sale could be counted twice if the brokerage represented both the buyer and seller.) It’s an increase of 6 percent and enough to upset the 20-year winning streak of NRT, which operates through brands such as Sotheby’s and Coldwell Banker.

Finally First

Buffett's residential brokerage business becomes largest in the U.S.

Rank
Company
Transaction Sides
Sales Volume
1
HomeServices of America
346,629
$135.9
B
2
NRT LLC
337,235
176.4
3
Hanna Holdings
83,043
16.3
4
eXp Realty
73,458
19.5
5
HomeSmart
36,064
12.1
6
Compass
34,644
45.5
7
Keller Williams Realty, GO Management Offices
33,134
9.5
8
Crye-Leike Real Estate Services
26,257
5.7
9
RE/MAX Results
24,008
6.6
10
Real Estate One
23,046
5.5

Source: Real Trends

https://www.bloomberg.com/news/articles/2019-03-27/warren-buffett-s-homeservices-becomes-top-home-brokerage-in-u-s

Posted in:General
Posted by Maria Caldarone on February 25th, 2020 9:04 AM

Written by: 

The 5-bedroom, 5.5-bath, two-story Anglo-Caribbean home at 10735 Charleston Dr. in Windsor holds a host of memories for Dan and Maureen Cahill who, along with their five children, spent countless vacations in their beloved Florida home.


Maureen Cahill stumbled across the sunny, seaside village of Windsor while helping her parents and grandmother search for a home in South Florida. Designed by New Urbanism pioneers Andrés Duany and Elizabeth Plater-Zyberk, Windsor features pedestrian-friendly neighborhoods anchored around a town center.

The charming Anglo-Caribbean architectural design is a hybrid of Spanish and British architecture found in the Caribbean and St. Augustine with a hint of Charleston and Savannah blended in. Traditional features include exposed rafter tails, lush courtyards, high masonry walls, breezeways, terraces, balconies and porches.

“Windsor is a place of elegant modesty, rather than pretension. There’s a level of density, which means homes achieve their sense of size and privacy via architecture,” said Duany in a New York Post interview.

“A great community encourages connection. The layout of Windsor encourages people to gather. They’ve created a culture that also creates connection,” says Dan Cahill of the laid-back but social ambiance. “There are no rules. There are no tee times. It’s not just the physical structure of the community and our house. It’s the culture.”

“People are drawn to Windsor because it’s such a small enclave,” says Beth Livers, Berkshire Hathaway Home Services Luxury Division. “They’re tired of being in the hustle and bustle.”

The understated elegance of the Cahills’ home, with attention to detail and fine craftsmanship apparent throughout – triple crown molding, coffered ceilings, built-ins, board and batten panels – is typical of the quality homeowners have grown to expect from homes designed by Clemens Bruns Schaub and built by Huryn Construction.

Strolling up a few brick-paved steps, you reach a dark wooden door. Through that doorway, a veritable “secret garden” awaits with a hallway of arches creating a colonnade with views of the recently renovated Robert Trent Jones 18-hole golf course.

“The outdoor space is magnificent. It’s a great family house. They have everything they need right here,” says Livers.

Once the door closes behind you, it’s as if you’ve entered a magical space in the lushly landscaped courtyard. A 62-foot-long pool sits at the center with a fountain and idyllic, grass-covered bridge at the far end.

At the rear of the house proper the teak and marble wet bar and loggia covered dining space are perfect for evenings under the stars and on the opposite side of the pool are a hot tub and summer kitchen ensuring all your needs can be met poolside.

A covered seating area with a wood-burning fireplace creates a cozy spot to while away stormy winter days. This breezeway also allows protected access to the detached two-car garage and second-floor carriage house where guests can enjoy complete autonomy with their own private entrance. With a kitchenette and en suite bath, it’s the perfect place for long-term guests or live-in help.

At the rear of the courtyard is a bungalow the Cahills use as an office and sometimes guesthouse when extra space is needed, with the 16th hole of the Windsor golf course providing an engaging view.

A doorway near the courtyard entryway opens into the gourmet kitchen. Honed black granite countertops contrast with lighted, white custom cabinets. The double wall oven with warming drawer and wine cooler ensures feeding the Cahills’ brood isn’t too great a task.

The formal dining room opens into the living room and family room – two distinctly separate spaces.

Light from the sun-filled courtyard flows into the house through an abundance of floor-to-ceiling doors and windows. Sheer curtains billow in the breeze, softening the contemporary lines of the interior while Brazilian walnut wood floors add warmth.

A gas-burning fireplace is the focal point in the formal living area with a bifurcated staircase – two separate stairs lead to a shared landing behind the fireplace and then ascend in opposite directions – one leading to the master suite at the rear of the house and the other to a pair of en suite bedrooms at the front of the property, creating distinctly separate spaces.

The master suite opens onto a generous wraparound balcony with sweeping views of the golf course and courtyard.

It’s the perfect place to read and relax or enjoy a glass of wine paired with the ideal Florida sunset.

Even though they are selling their beautiful Windsor home, Vero hasn’t seen the last of the Cahills. Their youngest child is graduating from college, so they find they can’t spend as much time here as they did when their children were younger. But, says Cahill, “When we’re ready, we’ll be back.”

Windsor is an ocean-to-river luxury sporting and beach community established in 1989 by the Hon. Hilary and W. Galen Weston. At the heart of the 416-acre village, a post office, village store, town hall, two world-class restaurants, and guest suites draw the community together.

Amenities include croquet, tennis, the equestrian center, gun club, fitness center, beach and golf clubhouses, The Weston Guest House and The Gallery at Windsor.

http://veronews.com/2020/02/13/idyllic-home-overlooks-windsors-picturesque-golf-course/

Vital Statistics

  • Address: 10735 Charleston Dr.
  • Neighborhood: Windsor
  • Year built: 2000
  • Construction: Concrete block with stucco
  • Architecture: Anglo-Caribbean
  • Lot size: 88 feet by 89 feet
  • Home size: 4,620 square feet
  • Bedrooms: 5
  • Bathrooms: 5 full baths and one half-bath
  • Pool: 62-foot heated swimming pool
  • View: 180-degree golf course
  • Additional features: Guard-gated community; gourmet kitchen; granite countertops; custom cabinets; Brazilian Walnut Ipe wood floors; two fireplaces; courtyard; cabana; carriage house; two-car garage with golf cart bay; wet bar; hot tub; and summer kitchen
  • Listing agency: Berkshire Hathaway Home Services Luxury Division
  • Listing agent: Beth Livers and Maria Caldarone, 772-559-6958
  • Listing price: $3,495,000

Posted in:General
Posted by Maria Caldarone on February 18th, 2020 10:14 AM
9 Tips for Buying a Vacation Home

9  tips for buying a vacation home

1. Consider how you'll use the home. Will it just be for family and friends, or do you plan to rent it as well? And realistically, how many times will you use it per year?
2. Evaluate locations. Are there enough amenities and attractions to keep you and renters Ð coming back year after year? 
3. Talk to the locals. What do they love about the area? What's changing? And what's it like during the off season?
4. Study local laws  if you plan to rent the home. Local rules may restrict rental periods or cap the number of times you can rent each year. 
5. Calculate costs. Along with mortgage, insurance, property taxes and association or amenities fees, plan for wear and tear. (A good rule of thumb: Budget 1?% of home's value on repairs annually.) And if you intend to rent, add the cost of a property manager. 
6. Talk to an accountant. This person can advise you on such issues as the tax implications of rental income and changes in Federal tax laws that could impact deductions. 
7. Test before you buy. Ideally once you've settled on a spot you should rent in every season so you can gauge busy and slow times.
8. Work with an experienced Realtor. Pick someone who knows the community and who can recommend the other experts you'll want to consult. Especially consider agents with Resort & Second Home Property Specialist certification (RSPS) as they have completed additional instruction to help homeowners like you. 
9. Take your time. Don't let the excitement of one great vacation push you into an impulse decision to buy. 

Sources: Bankrate.com, Money magazine, HGTV, biggerpockets.com
Posted in:General
Posted by Maria Caldarone on February 4th, 2020 1:03 PM
11 Home Features That Help You Sell Fast
Posted in:General
Posted by Maria Caldarone on January 28th, 2020 9:41 AM
Seagrape Trail Beach Access in Vero Beach, FL

It’s a low-key tropical escape for millionaires (and billionaires) who want to relax out of the spotlight of Palm Beach and Miami to the south. This is where celebs can stroll the public boardwalk and no one makes a fuss. It’s been called the Hamptons of Florida, home to upmarket boutiques, wine bars, and spas.

Read More Here on Southern Living:
https://www.southernliving.com/travel/vero-beach


Posted in:General
Posted by Maria Caldarone on January 21st, 2020 10:27 AM
Home Inspection Myths & Misconceptions
Posted in:General
Posted by Maria Caldarone on January 14th, 2020 10:05 AM


Sand and Land Team | Berkshire Hathaway HomeServices - Florida Realty

3377 Ocean Drive
Vero Beach, FL 32963