Addendum H allows buyers to set maximum premiums for homeowner’s and flood insurance and cancel the contract without penalty if they cannot secure coverage at a price they can afford.
Luxury real estate agents can build business without inherited connections by demonstrating expertise, discretion and strong market knowledge. Public records, thoughtful analysis and relationships with trusted advisers can help agents identify opportunities, earn affluent customers’ confidence and generate referrals.
From security deposit limits to new compliance rules, changing landlord-tenant regulations are influencing investor behavior, housing supply and pricing trends. Here’s what real estate professionals need to understand to better guide clients and anticipate market shifts.
Florida property owners can take steps to guard against increasingly sophisticated deed fraud involving forged documents, deepfakes and voice cloning. Experts recommend monitoring property records, enrolling in county alert programs and considering owner’s title insurance.
Florida’s housing outlook showed encouraging progress, with supply gaps narrowing in several major metros and affordable listings making up a larger share of the markets studied.
Sellers can make a stronger first impression by decluttering, removing personal items and preparing each room before professional listing photos are taken.
Home management platforms give homeowners useful tools long after closing while helping agents stay connected. The ongoing support can lead to more referrals and repeat business.
Foreclosed homes sold for a median 27.2% below their estimated value, giving cost-conscious buyers another option as listings reached a six-year high, Realtor.com reported. Economists said the increase reflects a return to more normal market conditions, not a housing crisis.
Florida’s townhouse and condo market posted a 9% year-over-year increase in second-quarter sales, with the strongest gains among properties priced below $200,000 and those selling for $1 million or more. Sales also rose sharply in several metro areas, including Panama City, Punta Gorda, Cape Coral-Fort Myers and Naples.
Costly upgrades may not pay off in a price-sensitive market. Agents can help sellers focus on safety, insurance and financing issues while using cleaning, maintenance and strategic pricing to address dated features.
