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ARE YOUR LOOKING TO PURCHASE
Pre- and New Construction in South Florida?
CHOOSE YOUR REAL ESTATE BROKER CAREFULLY
◊
The Role
of Real Estate Brokers - Buyers Beware
◊
The benefit of working with an Honest Real Estate Broker
◊ Knowledge
◊ Honesty
◊ Compliance with
State and Federal Regulations
◊ Service
◊ The Questions You Should Always Ask!
◊
Disclaimer
THE BENEFIT OF WORKING WITH REAL ESTATE BROKER
As in any service related industry, finding the right person to work
with is key.
What to expect of your broker?
-
Knowledge
- Honesty
-
Compliance with State and Federal Regulations
- Service
KNOWLEDGE: In pre- and new construction, knowledgeable brokers advise
their clients of upcoming buying opportunities and enable them to
purchase early during the "Pre-Construction" phase, often saving them
thousands of dollars. Well connected brokers have
access to pre-sales events/builder closeouts/builder incenteives and can secure units in
desirable properties, a major benefit to their clients.
HONESTY: Honesty and ethical values
are important in all professions, as it is in Real Estate. Be
sure to choose a Realtor who is more committed to upholding values
that the value of a sale.
COMPLIANCE WITH REGULATIONS : The State of Florida
oversees and updates laws that have been instituted to protect real
estate buyers..
-
Know your rights. Seek "Buyer's Agent"
representation.
- Beware of real estate agents who provide you with INVESTMENT advice.
It is illegal and unethical. Even professional investment
consultants who are SEC (Securities and Exchange Commission) licensed
are not at liberty to forecast future earnings.
Remember, real estate brokers are not investment consultants.
What you should expect is knowledge of the market, inventory, price
per square foot, and comparables. NO FUTURE TELLING!
SERVICE: Both knowledge of market, and
honest dealings should be basic requirements of your real estate
professionals. Once narrowed down to real estate professionals who
subscribe to the above, how do you choose the ones to work with?
Do some investigating.
QUESTIONS YOU SHOULD ASK WHEN BUYING
PRE-CONSTRUCTION!
- Who is the developer? Reputation, Past performance.
- Area information, school information (when applicable), etc.
- When did sales begin?
- Have there been price increases? How many? How much?
- Comparables. What other pre- and new construction are planned for
the area, and how are they priced/selling?
- Will deposit be held in escrow account?
- When will construction begin?
- Are assignments of contract allowed?
- Will simultaneous closings be allowed?
- Can property be sold immediately after closing?
- What are the Rental Policies?
- What are the Pet Policies?
- What will Maintenance Fees amount to?
- What Amenities Will be Offered to Residents?
- Is there any information that is not OBVIOUS that may impact the buying
decision? (Example: train tracks near by, proximity to school, environmental, etc.)
DISCLAIMER
Mazor Realty, LLC is a Florida licensed real estate broker and is competent only to provide information of a factual nature concerning properties for sale. Nothing in this document or website is intended as investment, legal, or accounting advice, nor should the information contained herein be construed or understood as such. Only professionals licensed as investment counselors, accountants, and attorneys are qualified to provide counsel with regard to these other areas.
CLICK HERE AND READ ABOUT:
Buying Pre-Construction.
The Process and the Pitfalls
PLEASE CONTACT
Mazor Realty, LLC
Boca Raton, FL 33432
Office: 561-998-9500
Fax: 866-813-1679
Email: Info@MazorRealty.com
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HIRING!!
• Miami-Dade
• Broward
• North Palm Beach
• Stuart to St Lucie
• Orlando
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AVAILABLE
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