Many Brokers/real estate sales agents and sellers have cordial and productive relationships working toward a common goal of selling a property. Still, there is one occasional point of contention that must be worked through at the beginning of the relationship that can set the tone for the entire engagement: COMMISSIONS. NOTE: Although we mostly use the term “commission(s)” in this article, Continue Reading
Ways to Minimize Real Estate Capital Gains Taxes
In the last 20 years, there has not been a more attractive market for selling your real estate investments than now. Whether it’s time to downsize, time to sell your vacation real estate, time to relocate for work, time to buy your retirement dream home, or time to move to another state to be near family, home sellers are seeing some of the best sales offers in decades—often for cash and often Continue Reading
The Pros and Cons of Buying a Vacation Home
Thinking about buying a Florida vacation home? You’re not alone. Florida’s 1,350 miles of coastal beauty and seemingly endless sunshine draw millions to our shores each year. Add to that, the Tampa Bay Area is ranked sixth by Travel & Leisure Magazine out of the seven best places to buy a vacation home in Florida, and the idea of a Tampa Bay or Gulf coast vacation home becomes even more Continue Reading
Caring for Parents at Home
“Aging in place” is a Top Priority for Aging Adults: Here’s How to Plan for This in Real Estate We are an aging population and the projected numbers are worth noting. The number of people over age 65 in the U.S. is projected to DOUBLE over the next 40 years. Some of those people will include our parents, other family, and ourselves, and it’s inevitable they will need some level of Continue Reading
How Labor and Supply Chain Shortages Will Affect Real Estate in 2022
If the Pandemic has taught us anything, it's that many of us can be just as productive and effective working from home. This has opened the door for many to live anywhere we want and work remotely. Therefore, many are relocating to seek warmer weather, more cost-effective markets, and more square footage. Often with a new home comes new projects. Couple that with the fact that those of us who Continue Reading
HECM: A Beneficial Real Estate Investment Option for Boomers
Baby Boomers joyously easing into retirement who also are planning their next home purchase have an incredible investment resource available to them that will save them a great deal of cash. Unfortunately, it’s a resource most aging adults don’t know about, and some who do are skeptical to take advantage of it. Likewise, one of our Buyers didn’t know anything about this resource, but she took Continue Reading
What Does a Dream Home Look Like in Retirement? Advice From Your Real Estate Brokerage
You’ve made it! You’re retiring and finally ready to move and find your own slice of retirement real estate. At Personal Realty Advisers, we’re fortunate to work with many retirees: individuals and couples who are making a major life change—often looking to trade an old home for a new one. One would think that working with “retirees” would be easy—a one-size-fits-all approach—but our 60+ Continue Reading
Cash Real Estate Sales Are Skyrocketing: Should You Consider Paying Cash For Your Next Home?
To say that today’s current real estate market is wild is an understatement. Homes are being sold as soon as they go on the market, often for cash and often above the asking price. This is especially true in the vacation real estate and retirement real estate markets. But why have cash sales boomed in our current market? Even if you have the cash available to purchase a home, is it prudent to Continue Reading
