Wednesday, October 26, 2011

Open House Wednesday A DUD

The Cherry Group, The Coconut Grove Realtors, reviewed the MLS for Broker single family home Open Houses in Coconut Grove and saw none. Every Wednesday Brokers open up their new listings so the Real Estate community can review the new inventory. We remember the day when 10 or 15 homes were open for previews, but not now. This is significant because the inventory for quality, well-priced homes is dwindling and virtually nothing is coming to market, driving values up by 1.5 percent on listed homes. There cannot be a better time to list in a market with modest inventory and mortgage rates in the basement.

Tuesday, October 25, 2011

Work Goes On After Closing with Foreign Nationals For The Cherry Group

The Cherry Group, The Coconut Grove Realtors, by necessity has created a concierge service for its Foreign National buyers. Most of our buyers lately have been from France, Mexico and South America and are buying major properties as second or third homes. Recently a buyer from France wired cash for the transaction and all was well until he attempted to have utilities turned on without having a US banking relationship. FP&L does not take foreign credit cards or accepts wires. To keep the house humming he put his deposit in our Paypal account and in turn, we deposited the money onto our credit card to pay FP&L a hefty deposit. We arranged for his pool and gardening services as well. He'll be in the States in 10 days and will establish a banking relationship at that time. Sylvia recently sold a beautiful Miami Beach condo to a Mexican family brought to us by CitiGold, Citibank's high equity division, to whom The Cherry Group is their exclusive Realtor. While the buyer was in Miami, Sylvia arranged for him to meet with furniture, closet and electroncs suppliers. The buyer returned to Mexico and Sylvia has invested almost a week at the condo overseeing the installation of all systems. When selecting a Realtor, you should consider three key factors; 1. Does he have vast experience in your neighborhood, like The Cherry Group in Coconut Grove? We have lived here for 20 years; 2. Does the Realtor have comprehensive market knowledge?; and 3. Is the Realtor tireless in providing service to its clients? It makes sense to hire a Realtor who has in-depth knowledge and experience working with buyers who account for the bulk of S. Florida sales- Foreign Nationals.

Thursday, October 13, 2011

The Cherry Group, The Coconut Grove Realtors, Shows Latest Market Trends

Coconut Grove Realtors, The Cherry Group, sees very favorable housing market trends. Just click on the headline to see data.

Tuesday, October 4, 2011

MAGICAL MIAMI MODERN LISTED BY THE CHERRY GROUP, THE COCONUT GROVE REALTORS

Located at 3941 Crawford on a 10,500 square foot lot, this Zen-Like beauty is competitively listed for $1,275,000. If you like open spaces, high ceilings and one of the most beautiful chef's kitchens in the Grove, this is the one for you. With one of the largest and deepest pools in Miami, visible from most rooms, the outdoor spaces are vast and accomodating. Call Gary Hecht of The Cherry Group, The Coconut Grove Realtors, at 305.607.8360