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Please welcome Laura Muzughi to ERA Beach Ball Realty. Laura is a very knowledgeable and successful Realtor here in the Pensacola area. Although she helps buyers throughout Pensacola she has an emphasis in Pace and Milton, Florida.
Laura was previously with Exit N.F.I. a company of similar size and focus as ERA Beach Ball Realty here in Pensacola.
You can learn more about Laura at her website www.moving2pensacola.com
These days many agents are willing to do whatever it takes to make a deal happen. One form of negotiation I have seen quite a bit lately is agents reducing their commissions to make a deal happen. Generally a selling agent will suggest reducing the buyers' agent commission to reach a desired deal.
Does this sound ok to you? This is a clear violation of the National Association of Realtors Code of Ethics as addressed in Standard of Practice 3-2 and 16-16.
Standard of Practice 3-2
REALTORS® shall, with respect to offers of compensation to another REALTOR®, timely communicate any change of compensation for cooperative services to the other REALTOR® prior to the time such REALTOR® produces an offer to purchase/lease the property. (Amended 1/94)
Standard of Practice 16-16
REALTORS®, acting as subagents or buyer/tenant representatives or brokers, shall not use the terms of an offer to purchase/lease to attempt to modify the listing broker's offer of compensation to subagents or buyer/tenant representatives or brokers nor make the submission of an executed offer to purchase/lease contingent on the listing broker's agreement to modify the offer of compensation. (Amended 1/04)
As agents and brokers we are not to become a party in the negotiation, we must remain at arm's length.
If you have done this in the past, stop. If you have not yet, don't.
Smaller Homeowner Relief Already In Place
Don't wait for home owner bailout provisions to trickle down from the $700 billion Emergency Economic Stabilization Act of 2008," (H.R. 1424) recently rushed through Congress. When it comes to help from new federal legislation for distressed home owners, the $300 billion "Housing and Economic Recovery Act of 2008" (H.R. 3221), signed earlier this year, can provide more immediate relief. The $300 billion recovery act has both a mandated mortgage modifying provision and a voluntary "Hope For Homeowners" (H4H) refinance program, for home owners who qualify.
In part, the stabilization act calls for federal agencies holding mortgage and mortgage securities to identify loans that can be modified and work toward modifications. And the stabilization deal calls for shoring up the H4H program. How any of those provisions will be implemented, however, is still under consideration.
Loan modifications: On the other hand, the older recovery act, signed in July came with one provision ready to go. It mandated that mortgage servicers modify loans for certain...
See the entire December 2008 Newsletter
Also, here is last month's issue too, November 2008 Newsletter
This is a magnificent luxury waterfront home in Gulf Breeze, Florida - 6000 sq ft at $2,195,000
This contemporary home is on the bay in the heart of Gulf Breeze (suburb of Pensacola, FL). Home overlooks 240 feet of the bay and renders a magnificent view of the bluffs. This home doesn't lack any space. There are 5 bedrooms/5 full bathrooms, glass walls, separate office, spacious family room, hardwood and tile floors, luscious landscaping, and even a guest suite.
| PrkingSpc: | LotSize: | IRREGULAR | LotLoc: | Cul-De-Sac, Waterview, Waterfront | WatFrnt: | Bay | |
| PrkingTyp: | Acres: | 0.75 | Zoning: | ResSingle, City | WatFrntFeat: | Natural | |
| PrkingFeat: | 2CarGarage, Oversized, GuestPking | RdMaint: | City | WaterView: | Bay View | ||
| DevelopFacil: | WFFeet: | 240 |
| Room Type | Lvl | Dimnsns | |||||
| Styl/Des: | Contemp/TwoStory | Cnstr/Sidng: | Frame/Stucco | ||||
| Roof: | CmpsitShgl | Floors: | W/WCarpet, Tile, Hardwood | ||||
| Wat/Sew: | PubWater, SepticTank | Pool: | None | ||||
| Heat: | A/Ahtpmp | WatHtr: | Electric, 2+Units | ||||
| Elec: | CircuitBrk | Cooling: | A/Ahtpmp, CntlElect, 2+Units | ||||
| ExtFeatures: | PartlFence, Porch, OpenDeck, Balcony, CovrdPatio | ||||||
| IntFeatures: | CableAvl, Fireplace, HighCeilin, Add'lStor, InLndry, W/DHookups | ||||||
| KitFeatures: | |||||||
| Energy: | DoublePane, CeilFans, RidgeVent, Heatpump | ||||||
| MiscEquip: | SecAlarm, SmkDetetr, GarOpnr | ||||||
| Mbed/Mbath: Split, Walk-In Closet, Sitting Area, Ceiling Fan, High Ceilings / Double Vanity, Walk-In Closet, Whirlpool, Tile |
| LandLse/Year: | HomeWarr: | ||||
| AssignOfIntrst: | N | LseExpDate: | Financing: | Cnventnal, Cash | |
| AsscFee/Yr: | Hmstd: | Y | Occupancy: | ||
| List Office: | ERA BEACH BALL REALTY | ||||
| Pensacola Real Estate Company |
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Information deemed reliable but not guaranteed--Copyright: 2008 by the Pensacola Association of Realtors, Inc.
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ERA Real Estate Professionals serving Pensacola, Destin, Perdido Key, Gulf Breeze, Navarre, Pensacola Beach, Pace, Milton and Fort Walton Beach.
ERA Beach Ball Realty understands that real estate is a service industry and we strive to provide the highest quality, customer driven, service. We serve the greater Destin and Pensacola real estate markets on the Florida Gulf Coast.
At ERA Beach Ball Realty we embrace all forms of modern communication and take it to the next level to best serve our customers.
Our agents are knowledgeable and responsive, let us assist you with all your real estate needs.
We have thirty real estate agents serving you from four office locations: Pensacola, North Central Pensacola, Gulf Breeze and Pensacola Beach. We also have agents serving Destin Florida and Gulf Shores Alabama.
ERA Beach Ball Realty is one of the largest Real Estate firms in the entire Pensacola Area. We have about 75 agents serving the Gulf Coast through 4 offices.
We are dedicated to providing the highest level of support to our agents which in turn assure the highest quality of service to our real estate clients.
Our areas of real estate expertise are family homes, luxury homes, beach condos, downtown condominiums, waterfront property, beach houses, land, investment property and townhomes.
Our geographic areas stretch from the Alabama Gulf Coast to Panama City Florida; including Pensacola, Destin, Perdido Key, Navarre, Gulf Breeze, Ft Walton Beach, Pensacola Beach, Pace, Shalimar, Hwy 30A beaches, Milton and Navarre Beach.
We know also provide long term and vacation rentals in the Pensacola area through Emerald Coast Rentals.
As owned and principal broker of Beach Ball Realty I have helped many clients over the years. I have been very fortunate to have helped as many people as I have.
Here are a few of the comments that I can recall:
"Kim Keeps in touch and really cares about us and the sale of our properties"
Dr. Schiener "Kim, thanks again for such a smooth closing"
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