Photos from Neal Bloom-Realtor ® Assoc.-CRS-Weston FL
Neal Bloom-Realtor ® Assoc.-Weston Florida San Sebastian -copyright 2008
Located in: San Sebastian (Weston, FL)
Here's an update from the recent story I about Wells Fargo acquiring Wachovia Bank. It now appears that Citigroup is saying that a judge has agreed to a temporary block of the Wells Fargo acquisition of Wachovia.
You can read the rest of the story >>>HERE
For more information please contact Neal The Real Deal Bloom
-CRS-Realtor® /Remax
2500 Weston Road ,Suite 103
Weston FL 33331
(954)608-5556
The Real Deal tells it Like it is in Real Estate
copyright © 2008-All rights reserved
After informing the public last week that Citigroup was going to be taking over Wachovia Corp ...there seems to be a change of heart.
You can read the whole story >>>HERE
For more information please contact Neal The Real Deal Bloom-CRS-Realtor® /Remax
2500 Weston Road ,Suite 103
Weston FL 33331
(954)608-5556
The Real Deal tells it Like it is in Real Estatecopyright © 2008-All rights reserved
I originally wrote this blog back in October of 2006. It was my very first blog but I'm reposting it so we can look back at how close I was to my predictions. Please note that when I wrote it...I wasn't as experienced in blogging as I am now but my knowledge of the market was pretty close to the outcome we are seeing now so enjoy the content!
Unfortunately for sellers... they are still in that mode that it's still a sellers market and they are still looking to get that big 25% return we were all getting the last 3-4 years, I ...as well buy property and sell,rent or flip or whatever else you want to call it so I can relate to their disappointment.
But because of rising property taxes and ridiculous reasons insurance companies just drop HO's like a hot potato...we will start to see a change. Prices are starting to level off and I anticipate that they will surely start to drop at a drastic pace if something isn't done.I remember when things were different and they were just used to those crazy returns. If you think about it.... in a normal market we should be seeing about a 3-8% return.
That market was unreal and it did exist but I was thinking that eventually it will have to change and we'll look back and see it was fake...never should have been and although people have capitalized on it....there are some who will probably be hurt badly.
I'm surprised at how many people qualified for mortgages that couldn't even afford to pay their cell phone bill. How could this be real?
I can't tell you how many price reductions I see in the MLS and how much time sellers are wasting. This is the new meaning for most price reductions. I tell my clients that we'll keep reducing until the market reacts.... or if they continue to insist to price too high...they'll sit longer on the market and reductions will continue.
If a homeowner insists on pricing their home way too high and they get an offer without any comps to support it...then how will it appraise? Will appraisers puff up their numbers? Or will they follow the rules.
I hope that whoever is monitoring this will understand that it was out of control and unrealistic. It can't last much longer and this will cause many homes to be lost if prices come down and people lose their jobs.
These wish prices can't come true for too much longer.
Remember....what goes up ...must come down!
For more information please contact Neal The Real Deal Bloom-CRS-Realtor® /Remax
2500 Weston Road ,Suite 103
Weston FL 33331
(954)608-5556
The Real Deal tells it Like it is in Real Estatecopyright © 2008-All rights reserved
This is the third different market I've experienced and it's probably the toughest one I've seen in my almost 13 yr career in Real Estate.
Some sellers are very nervous and then there are some sellers who wish to ride out the storm and wait for their price and then there are the sellers who can't sell so they just don't care what happens.
One of the biggest challenges that we... as Realtors® are experiencing right now is the pressure we're facing if we list a home for sale and no matter what we do ....it just won't sell.
Obviously with the way our current economy is now.....there are many consumers who are reluctant to purchase anything... let a lone a new home. With all the banks suddenly going out of business ...there are very few options for people looking to get a loan. most of the deals I am currently doing are on the lower end of price and most of them are cash deals. I've also been able to do more and more rental deals. I have plenty of inventory. Some of my listings are short sales and the rest are priced within a realistic range but even though the activity is average to sporadic...most of them haven't had offers in months and that is hard to swallow for me and for my sellers.
My clients and I are just sweating it out right now.
You can only do so much advertising and you certainly can't put a gun to their heads when the inventory levels are so saturated that buyers are looking at every listing that fits their criteria....so there's a lot to show before they make a decision.
Recently we had a fair offer on a condo we have listed on the inter-coastal and it's not a short sale...as a matter of fact ...the seller doesn't even have a mortgage and is now living in another property but when the seller countered.....the buyer walked. Should the seller have taken the initial offer? I guess it depends on whether or not they were motivated enough to sell.....they weren't
My clients know that I have their best interest at heart and they still have faith that things will loosen up eventually...but I also know that I have clients right now that have been on the market a very long time and they are eventually going to lose patience. There aren't many solutions other than watching the market and letting them know whats going on a monthly basis. Repositioning their home in the market place is still a very critical thing. I always advise them that if they can price it within the market instead of being out side of the market they won't be so far behind and catch up if they take longer to sell.
Just remember that consumers think that Realtors® are professionals and have the knowledge at what we do but they can't expect us to stand outside naked with a for sale sign on our butt and make a buyer make an offer.
We need to revisit this in about 6 months when the smoke clears.
For more information please contact Neal The Real Deal Bloom-CRS-Realtor® /Remax Premier Assoc.
2500 Weston Road ,Suite 103
Weston FL 33331
(954)608-5556
The Real Deal tells it Like it is in Real Estatecopyright © 2008-All rights reserved
It's a shame that another one of the biggest banks has walked out on us. I think that this is becoming a domino effect. Although the FDIC insures savings accounts up to $100,000 ....it doesn't guarantee an equity line of credit. So the question for most in this situation would be to leave the account open or start withdrawing the money and putting it in another bank.
Please read the whole story >>>HERE
For more information please contact Neal The Real Deal Bloom-CRS-Realtor® /Remax Premier Assoc.
2500 Weston Road ,Suite 103
Weston FL 33331
(954)608-5556
The Real Deal tells it Like it is in Real Estatecopyright © 2008-All rights reserved
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We are Florida Read Estate professionals. We take real estate listings and help buyers of real property in all areas of Florida- including Weston, Pembroke, Sunrise, Ft. Lauderdale and all of FL
Neal Bloom-CRS
Ethics
Every CRS designee is required to maintain membership in the National Association of Realtors® and to abide by its strict subheader of Ethics.
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The training available to CRS designees includes a strong focus on technology and its applications in the real estate business.
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Less than 4 percent of all licensed Realtors® are Certified Residential Specialists.
Weston Florida Homes for sale
Whether you're an experienced seller or homebuyer, or shopping for your first home,or selling your first home,
I will help make your experience the best it can be. My customer-focused approach has worked to help my clients throughout the area!
As your trusted, professional real estate partner,Together we will sell your current home as quickly and easily as possible.
I will help you find the best home in your area within your price range.
I hope that you'll take a few minutes to look over my site, review my listings, and learn a little bit about the top-drawer treatment you'll get from me!
Check out my blog Weston Florida Real Estate-The Real Deal tells it like it is in Real Estate
Member of the National Association of Realtors
Member of the South Broward Board of Realtors
WE SERVE ALL AREAS OFWESTON ,PEMBROKE PINES,DAVIE, COOPER CITY, PLANTATION,SUNRISE,FT.LAUDERDALE,DEERFIELD BEACH ,BROWARD COUNTY DADE AND PALM BEACH COUNTIES.
WE LOVE GOLF, SO IF YOU WANT TO LIVE ON WESTON or other GOLF COMMUNITIES, WE CAN HELP
WE ALSO WORK WITH INVESTORS AS WE BUY AND SELL PROPERTIES OURSELVES, WE ALSO SPECIALIZE IN LAND LEASES,EASEMENTS,LAND,COMMERCIAL.
I ALSO HAVE MY OWN COMPANY THAT BUYES AND SELLS PROPERTY, SO IF YOU HAVE AN INTEREST
IN BECOMING AN INVESTOR IN REAL ESTATE , I CAN ASSIST YOU IN THAT AREA AS WELL.
VISIT OUR MAIN LINK www.Neal-Bloom.com
Or you can email me at nealb63@myacc.net
TESTIMONIALS
This letter is written in reference to the professional services performed by Neal Bloom, Realtor . I am very pleased to say that Mr. Bloom provided me with excellent client services during the sale of my home. During the sale of the home he was very responsive; he kept me apprised of current sales and offerings on my home. As my agent he advocated for my interests and ethically represented me, analyzed the market and made sure that my home was competitive and ready to sell, he utilized the power of the internet by creating a website to maximize my homes exposure. More importantly Mr. Bloom communicated with me openly and honestly and followed up with buyers agents as necessary. He thoroughly read the disclosures and advised me to the best of his abilities and explained fully the commissions and the costs involved with the sale. He guided me all the way to the closing and his level of professionalism left me with the constant feeling of "being in good hands". Mr. Bloom did an excellent job of coordinating with lenders as well as the buyer's agent to ensure that everyone was in agreement with the desired closing and dates. In my opinion Mr. Bloom substantially exceeded my expectations with respect to the services I was entitled to from a professional real estate agent. Based on my experience with Mr. Bloom, I would highly recommend him without reservation to anyone in need of a professional realtor. Sincerely, S. Strauss-Towngate Pembroke Pines FL
Dear Neal,
I just wanted to thank you for all you did for my family and me during our recent purchase of a new home for my parents.
It is extremely refreshing to work with someone who is not only professional but also personable.
You went above and beyond what your professional duties required and truly made a potentially stressful and difficult process enjoyable and extremely efficient.
I have no doubt that your business will continue to grow given the quality of the service that you provide, and have absolutely no reservations about referring you to any of my friends or family members that are considering relocating.
Thank you again for all of your help and advice.
Sincerely,
Carlota Delgado-Weston Florida
Neal sold 3 of my properties and also put my mother and I into a home we both can live in,
he also helped us out of a bind by selling one of the properties shortly after we closed on it.
I am going to list my current home with Neal and move North so I can retire and be closer to my family
Dolores Benson- Southwest Ranches Davie Florida
I am writing to express my satisfaction with realtor Neal Bloom .
I obtained the services of Neal Bloom to aid in the sales of our Pembroke Pines home and could not be happier with the results.
Neal was able to make what could have been a stressful and confusing experience one which was comfortable and enjoyable.
Neal was at all times professional, knowledgeable and friendly.
He explained the selling process to us in a way we were able to understand and answered all of our questions.
Neal went above and beyond his duty in many ways.
He was always available any time we had a question or concern, no matter if he was at his desk or in the middle of dinner.
The thing I appreciated the most was the fact that Neal attended every showing of our home.
My wife did not feel comfortable showing our home by herself and I was unable to be in town.
Neal made sure to be present with her for each and every showing.
Much to our delight, our house sold within twenty-four hours on the market for full price and Neal's superior service continued after we accepted the offer.
Neal kept in close touch with us and informed us of the progress and each step taken towards the closing. Neal also worked closely with the buyers realtor and made all of the proper measures to ensure that the closing would be on time and hassle free.
All in all, Neal Bloom made our selling experience a comfortable and pleasurable one.
I never expected so much from our real estate agent but, Neal seem more that happy to help in any and all ways that he could.
I would recommend Neal Bloom to anyone looking for a professional, knowledgeable and personable real estate agent who is willing to go that extra mile.
Sincerely,
Timothy Bickerstaff
Pembroke Pines Florida
Neal has done 9 transactions with myself and members of my family over the last few years ,whether it was renting out our properties ,selling or buying others, we were very confident with his knowledge and protecting our better interest.
Gaston Mendieta and family
Hollywood Florida
Neal not only help me purchase my first property in Florida, he rented it out 2 times for me and just recently listed and sold it after holding it for a few years while seeing a large return on it after the sale.
If I ever purchase or sell again, I will be calling him for all his real estate services.
Sam Garces
Coral Springs Florida
Thanks for your help in finding me a home, you were there for me from contract to closing.
Carmen
Miramar Florida
My wife and I are pleased to recommend Mr. Neal Bloom, a real estate agent for his integrity and professionalism.
Long before we assigned him as our listing agent for our property, he had been sending us free sales reports of our community continuously on bi-monthly basis for years. During the selling period, he recommended us to buy home warranty from American Home Shield, which greatly reduced our out-of-pocket expenses for appliances repairs.
The beauty was that the Warranty not only covered seller, but also home buyer at Closing for the remaining term of one year, so it gave "peace of mind" to the seller as well as the buyer.
When we had a question to ask or a suggestion to give, he's there to reply promptly.
He had provided latest sales within my community in time, thus helped us make better decisions.
We had an "Open House" three times, during which, he and his partner, Steve had been showing our house to prospect buyers in professional manner.
In our mind, Mr. Neal Bloom is the man you can rely on for real estate selling.
Andrew Ku
Pembroke Pines Florida
Neal was able to list and sell our property for a record price, we were in the process of relocating to GA and Neal made all the arrangements while we were going back and forth to GA, it was an easy closing and put nice people into our old home, which happend to be his new neighbors at the time.
He also referred us to a local agent in GA and we purchased another home and were delighted with the agent.
Richard and Doreen Richerson
Pembroke Pines Florida
Dear Neal,
We really appreciate the time and effort you made in selling our property, you were there from the start and the finish and even after we closed we still confide in you for advice regarding the real estate market.
We also were happy to have you and your family as our neighbors for the past 5 yrs and continue to speak.
Thanks again your friends,neighbors and client.
Betty and Kirk VanRees-Pembroke Pines Florida
Dear Neal,
We appreciated all your diligent work and as well as the effort in marketing our property for sale,especially when you were able to help with some of the labor on some items we needed to take care of during the inspection, and opening the property yourself for every showing.
We were also impressed the way you took over all aspect of our deal when the selling agent was unavailable and out of town, we knew that you had our best interest in hand through out the the begining until the closing.
We were also alittle sad to lose a very nice neighbor we had the pleasure of knowing your family and having you over to our home many times for parties.
I am glad we still keep in touch.
Steve and Kathi Ericsson
Pembroke Pines Florida
I have worked with Neal on maybe a 1/2 dozen transactions in the past year and I find Neal to be very knowledgable about the real estate market, he seems to always keep me up to date on any major changes in the market that I myself might not have thought of.
He also is hard working , always following up when I purchase or have sold through him.
Howard Mack
FNJ Properties LLC Davie Florida
Great transaction for both parties.
Mark Zollo
Pembroke Pines Florida
Steve and Neal,
Thank you for a smooth and stress free process.
Steve was very patient,showing us as many properties .
Once we found the one we wanted ,we were able to close quickly.
Thanks
The Yancovich's
Montreal Canada
Thank you both going through the process of finding the condo in the building I wished to be in.
Sheila Zemel
Montreal Canada
Steve Did a great job helping me finding the condo in Deerfield Beach, happy to work both of you again.
Miriam Klein
Montreal Canada
Thanks for getting me through this rough time.
Blanca Long-Weston Florida
Hi Steve,
Miriam and I would like to thank you for you efforts on our behalf.
You knew from the outset which unit we would buy even before we did. It wasn't even your own listing. You patiently took us around to look at other possibilities complete with doughnuts and coffee until we agreed with you.
After prolonged negotiatons, there was a ton of paperwork and countless glitches which had to be navigated. You got us through all of this without a hitch.
We moved in and are extremely delighted with the condo.It needs a bit of work but we will overcome.
Thank you once again. We really appreciate all of your efforts.
We wish you good luck and please keep in touch.
Miriam and Mort Kapusta
Canada
Neal The Real Deal Bloom,
He went above and beyond our expectations. When we needed to move we were then able to rely on Neal to take care of our property until the closing. He made all of our arrangements so we did not even have to be present at the closing which ended up closing in 2 weeks from the contract date. He made sure every aspect and evey step was followed up with the loan officer and the buyers agent. We were very happy with his services and will recommend him to all of our friends and relatives that are ever interested in either buying a home or selling their home. If you are ever interested in working with a Realtor in Weston Florida please be sure to give Neal the opportunity. ....He won't let you down!
Dr. and Mrs. Luis Rivera-Weston Florida
8/4/08-Steve and Neal
Thanks to both of you for being the best Realtors I have ever met.
Julia Weiss
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