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Cape Coral Real Estate Broker | Susan Milner | Florida-Future-Realty.com

Sally Searcher - WHY?

Sally Searcher Let Me Explain

So yesterday I receive a call from a prospective buyer. We’ll call her Sally Searcher. So, Sally had called on one of my listings.

Sally: Is the home still available, what can you tell me about it, how much is it…etc.

Me: Thanks for calling Sally, how long have you been looking?

Sally: Oh, hold on we’re driving around looking at homes.

Me: <gasp> You are not wasting your time & gas randomly driving around calling on signs are you?

Sally: Yes, we have been SO busy driving around trying to find a house.

Me: Sally, are you working with a real estate agent?

Sally: No. We are not.

Me: Sally, that house is blah blah blah blah (price, size, gulf view, etc.)

Sally: Wow, that sounds great. We want to see it. When are you available to see it? We could be over there later this afternoon.

Me: That’s great Sally. I am not personally available at that time but I could have one of my agents assist you.

<PAUSE>

Sally: I’m going to be very honest with you. We only want to work directly with the listing agents.

Me: Could I ask why?

Sally: Because then we can negotiate the best deal.

Me: Well actually that isn’t quite true. The listing agents work for the seller. We work to assist the seller in obtaining the highest and best offer possible.

I personally prefer to only work for the buyer or for the seller. When I work directly with the buyer I help them buy the house for the best possible price and terms. In this market it is critical to have your OWN agent showing you homes. I would be more than happy to have one of our agents be that agent for you.

Sally: Hold on a second. <She goes to speak to her husband, for I kid you not, about 5 minutes.

She comes back>: Well, if we should be working with one agent we already have someone in mind.

Me: Ok Sally. Feel free to have your agent give me a call to set up the appointment.

Sally: Well, can’t you or one of your agents go ahead & show me the house?

Me: With all due respect Sally, if you are working with another agent they should be the one to show you the home. It would be a waste of one my agents time to come out and show you a home if you are already working with another agent. But if you don’t have an agent and wanted to meet with one of my agents and decide if you wanted to work with them then they could show you that, or any other house that is on the market.

Sally: Really? They can do that?

Me: Of course. I go over with her the agent’s experience, skill, personality and she feels better. I’m referring her to my mom. My mom has been in the real estate business for almost 30 years. She’s lived in Cape Coral since 1994. She doesn’t pressure people and she is very helpful.

(obviously this lady has a trust issue with agents)

Sally: Well should I call you back for an appointment or can I call your mom directly?

Me: Either. Again, my name is Susan Milner with Florida Future Realty, Inc and my mom is Peggy Milner with Florida Future Realty, Inc & her # is (239) 282-9219.

Sally: Great thank you. I really appreciate your candor and look forward to working with you/your agent to buy a house.

(There were parts of the conversation left out but you get the drift)

Now, I’m not for sure if Sally will really decide to use just one agent. She already told me she is out there calling every sign. But it is very sad to hear consumers driving around randomly wasting $3.50-4.00 gallon on gasoline calling random signs – we have a lot of them you know! And all the while expecting to get a better deal going directly through a listing agent.

In this market I think it is critical to have ONE agent working for you. One that you trust of course and who is showing you the best houses that match your criteria.

Does Sally know that after one 30 minute conversation with her & maybe 1 time out viewing houses I could hand pick the 3-5 BEST houses in all of Cape Coral for her? No, of course she doesn’t realize that. She doesn’t KNOW me. She obviously doesn’t TRUST me. YET anyway.

Later I observe another agent in the office following up with a buyer. This buyer had been doing the same thing. After a few minutes of counseling and armed with better advise he is on board again to allow one agent to do all of this work for him.

Consumers, if you are considering a home purchase, please give us a call and a few minutes of your time. We have access to ALL of the available homes for sale. We know what the inventory is like and we watch for new homes to come on the market as well. You will get a much better ‘deal’ working with ONE great agent vs. a million random ones.

If you aren’t ready to give us a call, feel free to visit our Real Estate website to search for the available homes in SW Florida (we cover Cape Coral, Ft. Myers, Estero, Bonita, Lehigh Acres & surrounding areas).

Yours in Success,

Susan Milner

Florida Future Realty, Inc.

(239) 218-2229

Search Cape Coral & other area listings: www.Florida-Future-Realty.com

Susan@SusanMilner.com

Cape Coral Boat Lift to Be Removed

Cape Coral Boat Lift - GONE?

Well, it sort of already IS.

The boat lift at the Ceitus Boat Lift is currently compromised. Boats have been able to drive around the lift for some time now. There are plans to either rebuild the lift or possibly completely remove it.

Of course, there are environmental & monetary issues to contend with.

If the boat lift was removed in the NW Cape Coral canal system I envision gulf access properties dramatically increasing in value.

You can read the newest information at the news-press.com here.
As always, if you, or anyone you know, has a real estate need don’t keep me a secret. I’m never too busy for you or your referrals.
Yours in Success,

Susan Milner

Florida Future Realty, Inc.

(239) 218-2229

Search Cape Coral & other area listings: Cape Coral Real Estate

Susan@SusanMilner.com

Tenants Renting Pre-Foreclosures FOR SALE

Property Management and Trying to Sell a Rented Home

 

Many of the houses we have listed for sale are in a pre-foreclosure situation right now. That’s ok, we do have experience with short sales.

 

But we also have many pre-foreclosure homes with tenants in place. No, we didn’t place the tenants, we don’t think that is right, they were already there & typically prior to knowing about any type of pre-foreclosure issue with the owner.

 

Ok, fine. So how can we sell these homes with a tenant in place?

 

In the best case scenario, the tenants would work WITH us. If we sell the house to someone else BEFORE it forecloses their lease will remain in effect. Great. They still have a place to live.

 

Here’s my ideas of a tenant working with us:

 

  • Provide us with a working key (yes, getting a key has been a real problem)

 

  • Allow us to hang a lockbox (we can hide it if that makes them more comfortable)

 

  • Let agents show it during any normal hours once given the proper notice

 

  • Leave for showings (most are done when they are at work anyway)

 

  • Keep the house somewhat presentable (clean once in a while please)

 

Not too much to ask for, is it?

 

Well, here’s what is reality.

 

The companies handling the property management are:

 

  • Not even giving us a key, they wanted every appointment scheduled through them & either the tenant would let the buyer/buyer’s agent in or we’d have to go pick up a key & meet them there.

 

  • Give us a key but not allowing us to hang a lockbox. That means that the agent has to come to our office, pick up a key, do their showings then come back & drop the key off. Are you kidding me? Why would anyone do this in THIS market?

 

  • Give us a key but not allowing anyone but ME, the listing agent, to show the house (let’s see, right now I have 42 listings, how could I possibly be available for EVERY SINGLE SHOWING?).

 

So, here’s my question to Tenants/Property Managers & even SELLERS.

 

How are we supposed to sell your home & save it from homeless/foreclosure if we can’t get anyone in to see your house?

 

Do you see how that can be a problem? No price will fix this issue. Or at least no price that the bank will agree to will.

 

So, either the seller will get frustrated & sign a deed in lieu (if the bank allows, etc) and the tenant will be HOMELESS within a few days. Yes, that is TRUE, once the banks own the house they don’t play games, they kick you out – just like that. I got a call from an angry tenant like that a couple of months ago, no warning – just “you have to get out, here’s $500 BYE BYE”.

 

Or we keep trying to sell the house & eventually we get an offer but it is very low because it has been on the market for a few months & everyone thinks something must be wrong with the house. #$&)!, we’re too late, the bank has foreclosed. Same scenario folks, tenant is HOMELESS, Seller has a FORECLOSURE, the house sits vacant and deteriorating for months, and no one is happy.

 

Wouldn’t it have been better to work with us, allow us to show the house properly, receive a proper offer, negotiate the short sale & have a successful closing? New buyer=HAPPY, tenant=HAPPY, seller=HAPPY.

 

Doesn’t everyone just love a happy ending?

 

Cape Coral Real Estate - homes 2 for 1?

Cape Coral Real Estate - 2 for the price of 1? Sort of.

We've been getting many calls the past couple of weeks asking us about the 2 for 1 houses available in Cape Coral, Florida.

Where are they? Do they exist? Well, yes & no.

If you are talking about the prices of homes for sale right now - compared to 2005, then YES, there are a lot of them that are 1/2 price. But if you are referring to homes priced correctly in today's market, then no, 1/2 price houses do NOT exist.

Here's an example. We have a 1700 s.f. home listed in NW Cape Coral at the present time. It was built in 2006 but was NEVER lived in. The seller paid just over $250,000 for the home in 2006. Today, we have it listed at $124,000. So, there you have it, half price homes.

Another example, we have a 2300 s.f. gulf access pool home in SW Cape Coral, FL. It was built in 2007, again NEVER lived in. The seller paid almost $850,000 for this home. We have it listed today at $550,000. Again, almost 1/2 price..

There are many more stories just like these for the home buyer. We work with customers looking to buy luxury homes, to condos to vacant land & everything in between.

If you'd like to take a look at more homes that are currently available for sale in Cape Coral, feel free to visit our website about Cape Coral Real Estate.

Yours in Success,

Susan Milner, Real Estate Broker

Florida Future Realty, Inc.

(888) 764-6665

http://www.florida-future-realty.com/

Cape Coral Real Estate Bad News - or was that GOOD NEWS?

Cape Coral Real Estate - Bad news or Good news?BUBBLE BURSTING

Cape Coral has sure made the news a lot in the past few years. It was a few years ago, double digit appreciation which spurred all of the ‘bubble' controversy. Everyone called and wanted to ‘invest' in Cape Coral. Some, as we know now, lost their shirts, but a lot of folks made a lot of money here and the city did grow.

HURRICANENext we had some hurricane scares. Charley hit just north of us & caused quite a bit of damage to homes in Cape Coral. My phone rang off the hook with calls from people wanting to know about the real estate deals that must now be available. Yes, seriously. While I was worried that it would HURT our market it got our name out there again.

The newest news is all of the FORECLOSURES in Cape Coral. Guess what? Our phones are ringing off the hook again. People that had thought about moving here & weren't sure they could afford it are calling. Investors and snowbirds that were looking during our peak in 2004-2005 are wowed by the prices of today.

Our current market is about the hottest I've seen. We might have a lot of inventory but when you look at TRUE inventory (those that are priced to sell & can sell) it is almost not enough.

When myself, and other agents in my office, sit down with potential buyers going over their needs & wants at first the buyer is overwhelmed thinking so much is for sale. But once the details are plugged in & the search performed they are usually left with 5-10 properties that actually match their needs. The first 2-3 are usually pending within the first day or two of looking. Of course, more inventory will become available but this just goes to show you that even in THIS market homes are selling. CLOCK

My question is, what are you waiting for? Let's talk!

Cape Coral Real Estate Search

Yours in Success,

Susan Milner, Broker

Florida Future Realty, Inc.

(239) 218-2229

Search Cape Coral & other area listings: http://www.florida-future-realty.com/

Susan@SusanMilner.com