Rudy Molinet-Key West Top Producer

What a great month October has been for Key West Real Estate and for Rudy Molinet and Harry Hoehn's customers at Marquis Properties Realty!

We started the month by putting 631 Southard Street under contract. The property had only been listed for 66 days in the dead of summer and we received an all cash offer close to the asking price of $1,895,000. We actually had two different buyers ready to make offers during the same week on this property! Well priced, quality listings usually sell, even in these times. That has been the rule in real estate- location, location, location---and proper pricing. (Aggressive marketing by hard working Key West Realtors helps too!)

The following week we received an offer on 1108 Fleming Street. This house is pictured above. It is a gorgeous Key West historic home on one of the best streets in Old Town. It has off street parking, a lovely pool, three bedrooms including a guest cottage that can be accessed from a seperate lane behind the property.

Then last week we were swamped! Two offers on two different listings, both under contract. This weekend one of our clients made an offer on a Key West guest house. Next week we have three buyers in town looking at several properties ranging from $300,000 to $6 million. WOW, Harry and I are exhausted and exhilarated.

Why is this happening? Well I think that buyers are realizing that there are some great deals out there for Key West Real Estate. Inventory is shrinking and the listings that our company takes are all priced to what the current market is telling us they are worth. When Harry and I evaluate a listing, we run a market analysis to see what has sold, for how much and how they compare to the listing we are looking at. This process is time consuming but essential in assisting our customers list their homes properly.

We also aggressively market on the Internet, print and radio. This has worked great for getting the word out.

If you are looking for that Key West Property For Sale, please call Rudy Molinet at 305-240-1090. He will make sure that the properties you are looking at are priced properly and will help you find a great location and price. If you have a house to sell, call Rudy and he will make sure to evaluate your home properly and to give you an honest evaluation of market value. You should expect this from your Key West Realtor.

Check out my listings at www.rudymolinet.com You can also Search The Key West MLS

Happy Hunting!

The area near the Key West Cemetery is one of the most desirable neighborhoods in Old Town Key West. The cemetery was placed in this part of town back in the 1800's because it is the highest elevation in town known as Solares Hill. Before you grab your tissues for that altitude-induced nose bleed, note that the elevation is only about 15 feet above sea level!

The home located at 626 Grinnell is a beautiful piece of Key West Real Estate. The large home by Key West standards (almost 3000 square feet) is truly majestic. The high ceilings, Victorian touches, large rooms and private tropical lot and inviting pool, make this home the quintessential Key West hideaway. Priced at only $1,395,000, this is one of the lowest priced per square foot homes in prime Old Town.

You can view several pictures 626 Grinnel Street or check out the Virtual Tour of 626 Grinnell Street. If this home strikes your fancy, call Rudy Molinet at 305-240-1090 or via email at rudy@rudymolinet.com . We will work hard to make this Key West Home your dream home in paradise or if you prefer to see all of Rudy's Key West Real Estate listings, click this link and enjoy!

Several years ago there was a book entitled: "The Inmates Are Running The Asylum" The author opined on why high tech products drive us crazy and how to restore sanity in business practices. The book uses the author's experiences in corporate America to illustrate how talented people continuously design bad software-based products and why we need technology to work the way average people think.

This title reminds me of what is going on with Key West Short Sales and to some extent with Key West Foreclosures.

The banks are clueless. They receive an offer from a qualified buyer that is close or a little below the market value of the property and what do they do? They look a gift horse in the mouth, mire the transaction in endless bureaucracy and the buyer becomes disillusioned and moves on. The inmates aka "negotiators" dilly dally around, often times not really understanding the appraisal they ordered. The turnover for these positions is so high that often times negotiators leave in the middle of the transaction.

There is hope and there is a possibility to be successful with short sales

We have been successful in negotiating short sales for our clients. It is critical that you work with the Key West Realtor who knows how to maneuver the maze of short sale madness.

We have worked with buyers and sellers and have actually achieved closings. We put together a Guide to Key West Short Sales. Check it out and then call Rudy Molinet to help you find a great deal. Call Rudy at 305-240-1090 or via email rudy@rudymolinet.com

You can also visit my website to Search The Key West MLS or look at the featured Key West Properties listed by Rudy Molinet.

Yesterday I received a lovely email from a couple who had visited Key West on a cruise ship, fell in love with the Island and now want to buy a piece of Key West to call their own. The husband is flying down on March 6 to look for their dream home. I am looking forward to working with them and have identified a few properties that meet their needs and dreams.

I love working with these types of buyers since this is exactly my story. In 1994 my partner Harry Hoehn and I came to Key West on vacation. We had just met the year before but shared a love for travel, the tropics and architecture. We were staying at at B&B off Duval Street and wandered into a "just being built" development called Truman Annex.

We walked into the Truman Annex sales office and fell in love with a Townhome in the Foundry. We jokingly said to the sales person, "We'll only buy one if there is an end unit available" - after we had safely perused the floor plans and thought they were sold. Well, the joke was on us. Someone had just backed out, we ran back to the guest house, got our check book and the rest is history! We were working guys and did not have alot of money available, but through some creative financing, cashing in some stock and IRA's we made it happen. When there is a will, there is a way!

Our love affair with Key West began then and has never ended. Fifteen years laster, Harry and I now live in a wonderful home in Old Town and have done 21 renovations of Real Estate throughout the USA, mostly in Key West. We left the corporate world and are living our Key West dream.

Despite the negative economic news, there are still people dreaming of having what we Key Westers enjoy every day. An Island lifestyle filled with tropical breezes, friendly people who are compassionate, caring, passionate about life in this little funky 2x4 Island.

There was a song from South Pacific that says: "If you don't have a dream, you can't have a dream come true". So , calling all dreamers, Call Rudy Molinet today. His knowledge of the Key West Real Estate market will help you find that Key West Dream Home For Sale.

If you would like to Search The Key West MLS or just talk to Rudy about a home in Key West, give Rudy a call at 305-240-1090 or via email at rudy@rudymolinet.com

Remember, if you are dreaming about Paradise, call Rudy Molinet to help your dream come true!

I recently listed a really nice 2 bedroom, 2 bath condo in Truman Annex. Truman Annex is the premier gated community in Old Town Key West. This particular unit is located in the Shipyard Condominiums.

The unit is a nicely appointed 2/2 with a great balcony. The unit features an open floor plan, tropical decorations and a great rental history. In 2008, the net revenues (after commissions) was just shy of $30,000.

This is a great condo for investment or if you would like a place in Key West as a second home. Many buyers will rent the unit when they are not here to supplement the mortgage payments.

The asking price of $549,000 makes this a great value. It is currently the lowest priced 2 bedroom 2 bath unit in The Shipyard. Having the extra bedroom is one of those very desirable features for Key West Real Estate because most vacationers don't want to share a bath with another couple or with their kids.

If you are looking for a great home in Key West, Rudy Molinet is the Key West Realtor who can help you find your dream home in Paradise.

Check out the great Key West Real Estate Listings and contact Rudy Molinet today at 305-240-1090 and start packing!