Are You In Search Of Office Space In South Florida?
As the new year unfolds, many business owners are looking for new office space in South Florida – either to upgrade their existing space or find their first location. Many will also hire a South Florida commercial real estate attorney to assist them with their lease negotiations and review before signing.
If you happen to be seeking more space for your business, you’ll want to carefully plan everything out and spend extra time to make sure that you find a good match, as it can be difficult and costly to make a change before your lease is up.
Think About How Much Space and Which Facilities You Will Need
Think about the space and facilities that you will need for your next upgrade. You don’t want to purchase to much space necessarily unless you have expansion plans. Many recommend approximately 1,000 square feet for 4-6 employees, but your needs may vary if you work in other industries.
Find the Right Agent
There are many real estate agents who simply don’t have the commercial background and aren’t going to be able to offer you the expertise that you need to find an adequate space. Make sure that you spend some time vetting potential agents. Ask them questions about their background in commercial real estate and make sure they have had success in helping business owners like you find the right space.
Talk to the Tenants
It can be difficult to identify a bad landlord before you sign your lease. The best way to do so is to talk to existing tenants. Ask questions about any challenges they have had with the landlord regard repairs, disputes, rent raises or anything else. It’s one of the best ways to catch potential problems.
Hire an Attorney Before Signing Your Lease
Each business will have unique requirements, but in any case it’s a good idea to meet with a South Florida commercial real estate attorney prior to signing a commercial lease. It’s far more difficult to make changes and negotiate adjustments to your lease after you have moved in.
Also remember that everything is negotiable including the rent, your responsibilities for repairs and expenses, and even the type of lease. If something doesn’t sit well with you, an attorney for commercial real estate in South Florida can bring it up with the landlord’s side and make sure that your lease is favorable.
Before you sign your next lease in South Florida, get the advice of an expert commercial real estate attorney. Call Schecter Law at (954)-779-7009.
Considering a luxury home purchase in South Florida?
Congrats! The area is an exciting place to spend your years, and there are many luxury homes out there to choose from. How do you ensure you’re making the right decision for you and your family? Keep these four tips in mind when you’re looking at homes.
Consider Smart Technologies
When you’re paying big money for a luxury home, it should be equipped with the latest technologies. Consider which upgrades matter most to you. Are you looking for top-of-the-line appliances? Automated control systems for your light or thermostat? Heated floors in the bathrooms? Decide on one or two features that are your “must-haves.”
Utilize Google Maps
It’s not just the inside of your new home that counts. You also want to make sure you’ve got the landscaping and yard space you need. When you’re beginning your search and you find a home that looks appealing, search the address on Google Maps and use the Street View feature. This will give you a better look at the outside of the home and might even reveal details that the property listing doesn’t discuss.
Research the Neighborhood
Think about what neighborhoods you’d be happy in. In Fort Lauderdale, for instance, you might look into the exclusive areas like Victoria Park and Tarpon River. Research schools if you have children, and look into local attractions, nightlife, restaurants, and anything else you’re interested in. You can have the most luxurious home in Florida, but if you’re not happy with your neighborhood, you won’t be satisfied!
Stay Within Your Budget
Just because you can qualify for a $3 million house doesn’t necessarily mean you should spend that much. You can get a wonderful luxury property at a range of price points, so be honest about your budget. This is an important first step that can help you automatically narrow your focus.
With these tips in mind, you’ll be well on your way to purchasing your new luxury home! A bonus tip: Be sure to work with a Florida luxury real estate lawyer. These professionals can help you find the right home, simplify the long and complicated contracts, and get you the best deal for your money. Mark Schecter is one of the best in the business and has served countless satisfied clients. Contact Schecter Real Estate Law today to learn more!
Luxury Home Seller Tips In South Florida
With the South Florida residential luxury real estate market peaking and high demand in several neighborhoods, now is an ideal time to consider selling your home. If you plan on selling, it’s a good idea to meet with a South Florida luxury real estate attorney to discuss preparing for your closing, negotiating the purchase agreement and other legal matters. Prior to all that, these 5 tips can help you prepare for a successful sale.
Market the home effectively
You’ll want to work with a real estate attorney in South Florida as well as an agent with extensive experience in luxury home marketing. The internet has changed how homebuyers search for luxury homes. It’s crucial to have a presence on real estate focused websites such as Zillow and Redfin along with separate social media pages for the home on websites like Facebook, Pinterest and Instagram.
Take quality photographs
The time and money you spend on a quality luxury home photographer will make all the difference and help draw more eyes to your online listings. It’s better to focus on a few high quality photos rather than adding higher quantities; and video will also go a long way in helping sell the home.
Time your sale and meet with experts
Right now is an excellent time to consider selling your home, as many neighborhoods in South Florida are experiencing record demand. That won’t always be the case. That’s why it’s essential to meet with a South Florida luxury real estate attorney to make sure you are selling your home at the right time for the highest price possible.
Think about the story behind the home
Every luxury home presents an opportunity for a new lifestyle for the new homeowner. Think about the lifestyle that you want to portray, the amenities that the home and surrounding neighborhood will offer, and create a story that will compel potential buyers to take interest and eventually make a purchase. The better your story is, the greater the likelihood of selling at your target price or even higher.
Don’t rush into a deal
The process can take time and you have to be patient when selling a luxury home. There are fewer potential buyers compared to regular homes and the final closing can have more moving parts. A licensed South Florida luxury real estate attorney can help you with several aspects of the selling process including representing you at your closing, drafting or review purchase agreements and more. Learn more about selling your home in South Florida by calling Schecter Law at (954)-779-7009.
How to Select a Luxury Real Estate Lawyer
If you’re considering buying a luxury property, you’re entering a whole new world than you may be accustomed to. Purchasing a luxury home comes with unique challenges that buyers don’t typically encounter when they purchase a regular home. That’s why having an attorney by your side can be crucial. But how do you know if the attorney you choose is right for you? Here are some things to think about on your search for a luxury real estate lawyer.
Make Sure They Know Your Market
It’s important that the attorney you select is familiar with the market you’re looking to purchase in. Your lawyer should be able to help you compare your options with similar homes in the area so you know you’re getting a good deal. They’ll also help you consider other concerns such as the neighborhood.
The real estate industry doesn’t exist in a bubble. It’s vital that your potential attorney has connections with fellow professionals in the area. They should be able to answer your questions or, if they can’t, they should be able to point you in the right direction. These connections make for a diverse and well-represented attorney.
Your lawyer needs a significant amount of experience in the field. Ideally, they will have had hundreds or even thousands of transactions, and hopefully, many of these will be in your area. An experienced luxury real estate attorney has likely encountered almost every issue you can think of and will be able to quickly handle anything that may come up in your journey.
Ask for References
A good lawyer will be willing and able to provide you with references from past clients. This will give you an honest perspective and help you gain a clearer image of how your attorney will handle your needs. If a potential attorney is unwilling to provide references or can’t easily obtain them, that’s a big red flag.
Use These Simple Tips
Using these simple tips will help you narrow down your choices for a luxury real estate attorney, giving you a better chance at finding and securing your dream property. Mark Schecter has been one of the top South Florida luxury real estate attorneys for years, helping countless clients sign their new luxury homes. Contact Mark today to learn more about how he can help you!
Perfect Luxury Home In South Florida
Finding the right luxury home for your needs can be a big task. When there’s so much money involved, you want to make sure you’ve thought of everything and are making the most informed decision possible. There are a few major things to keep in mind when selecting your new luxury home in South Florida. Here are some of our top tips.
Know Your Neighborhoods
Don’t just focus on the home itself, but also consider what neighborhood you’re purchasing in. What type of amenities are you searching for? Is it important to have lots of restaurants? Grocery stores? Other attractions? Do you need a great school system? A waterfront property? These things all need to be taken into consideration both when setting your budget and selecting a property.
Consider Resale Value
With any home, you want to think about the resale value. If you do have the need to sell in the future, you want a home in good condition with an incredible location. Think about the amenities inside the home as well. Features like smart appliances, home gyms, movie theaters, and large outdoor spaces are all major selling points for a luxury property.
Just because you qualify for a property up to $3 million doesn’t necessarily mean you should spend that much. You should always shoot lower than what you qualify for, just in case of unforeseen circumstances. Consider if you suddenly lose your job. Are you still going to be able to afford the property? Keep your expectations realistic and remember that you can always make changes or additions if you wish.
Hire a Lawyer
Having a Florida luxury real estate attorney on your team can make your journey much easier. Once you’ve found a home you love, your attorney can help you look through your contract to make sure everything is as it should be. They’ll help you negotiate and consider your purchase from every angle so you can be confident in your decision.
Experienced Real Estate Attorney
Mark Schecter is one of the most well-known South Florida real estate attorneys for luxury homes. His experience in the field means he knows the ins and outs of the business and is ready for any circumstance. Mark has a passion for helping Floridians find their dream luxury property. Contact Mark today to discover how he can serve you.
Luxury real estate is a growing business throughout the country
Luxury Real Estate is especially big right now in South Florida. If you have been thinking about getting into the luxury real estate business, now is a great time to do so. On the other hand, if you’re already in the industry, it’s a good time to reevaluate your goals and start aiming higher. Here are a few of the factors making South Florida a great spot for luxury real estate investments.
House Price Trends
In general, the South Florida real estate market has been stable. If you look at South Florida sales prices as a whole, percentages have been down over the last couple of quarters. However, there are a few factors that skew the results. Recent sales have mainly been up of lower priced homes and condos, so these sales are pulling down the overall figures. Simply looking at luxury home sales, however, selling prices are actually increasing quite a bit, anywhere from 10% to 25%. Studying the numbers in your local market and specifically looking at trends for luxury real estate investments can give you a more accurate picture of what to expect.
Higher-Than-Average Home Sales
The United States as a nation has been seeing a decrease in the housing market, but the south Florida area has remained steady and is even growing. While the country saw approximately a 1% drop in home sales earlier this year, the counties of South Florida saw a 4 to 6% rise. However, while this area is beating the national market, it’s not doing quite as well as it did last year. For 2019, the number of real estate transactions is down about 17% from this time last year. That being said, we are still much better off than other parts of the country, and it doesn’t look like the South Florida real estate market is going to suffer anytime soon.
Looking to the Future
It’s no question why people continue to flock to South Florida, and they will continue to do so for years to come. If you have a luxury property that you’re looking to put on the market, having a real estate lawyer in Florida is vital. Your team of professionals can help you list your property, negotiate with potential buyers, and navigate the intricacies of contracts. Contact us today to learn how we can help with your next luxury real estate investment.
South Florida Real Estate Purchase Attorney
There are seemingly countless steps that go into a real estate purchase. While there is a wide range of professionals you’ll have at your side during the process, not everyone considers hiring an attorney. Having a good lawyer can be just as important as securing the right home inspector or real estate agent. Here are 4 reasons you should hire a real estate lawyer in Florida for your home purchase.
Help with the Title Search
After you’ve signed, there will be a title search ensuring you that your seller is legally allowed to hand the property over and that there are no liens or judgments impacting the closing. If anything does arise that may hinder the process from moving forward, a real estate lawyer will able to help you figure out the next steps.
It’s no secret that real estate contracts are complicated, especially in the luxury real estate sector. Lawyers that specialize in real estate are able to break down these complex contracts into terms you can understand, so you know you’re getting the best deal and you’ll be sure of exactly what is being asked of you.
Help with Complex Contracts
Even more, if you’re dealing with a larger corporation, contracts can get even more intense. Different entity types have different legal obligations when it comes to selling property, and your real estate lawyer will be able to ensure these obligations are being met. Again, they can also make sure you understand your contract and that both sides are getting a fair deal.
One of the most important parts of the process, a proper closing is vital to finishing your home purchase. There are any number of things that can go wrong on both the buyer’s and the seller’s end. Your attorney can answer any questions you might have and can help prepare documents like the deed. They’ll be there to help you with the closing statement, ensure the title is appropriately handed off, and that the correct balance is being paid.
When it comes to purchasing real estate, it can be one of the most exciting times of your life. Having an attorney at your disposal can be crucial to a fast and easy process where you’re assured in knowing you’re not alone. Contact us today to see how we can assist with your next real estate purchase.
Real Estate Closing: What You Need To Know
One of the most important parts of a luxury real estate transaction is the closing. You’re almost to the finish line, yet there are still so many moving parts and things can go wrong at a moment’s notice. Factors on either side of the transaction, buyer or seller, can impact the outcome of a closing. When you’re dealing with a luxury property in particular, making sure your closing goes well is even more imperative. Luckily, there are a few key steps you can take to prevent your closing from going downhill.
Have a Thorough Inspection
Buyers obviously will want to do a walk-through before they close on a luxury property. Make sure that you’ve done your due diligence by hiring a home inspector that takes a long, thorough look at the property to look out for any little detail that may not be up to par. If something falls through and the buyer notices something wrong during the walk-through, try to offer repairs or credits so that the entire sale doesn’t fall through. Having a failed inspection could also impact future sales, so be sure this step gets done right.
Ensure Your Buyer is Financed
While buyers will always be pre-qualified for their mortgage loan when they’re searching to purchase a property, make sure that they are also pre-approved for financing. This is especially important when you’re dealing in the luxury real estate industry and much larger sums of money are involved. If your buyer is pre-approved for financing, they will already have provided income documentation, tax returns, and other important information. This will give you a much better peace of mind that your closing will go according to plan.
Hire an Attorney
In the luxury real estate world, having a good attorney by your side can be crucial. Whether this is your first sale or you’ve been in the business for a while, having a reliable South Florida luxury real estate attorney will help you navigate every step of the process, from accurately listing your home all the way through closing. Your attorney will even assist with steps like title search and doc review. Attorneys will also help you ensure you’re getting the best value for your property and that you understand and agree with the terms of sale. If you’re selling a luxury property in South Florida, contact us today to discover how we can be of service.
Buying a luxury home in South Florida is no small task. There are a lot of factors at play, and it’s easy to make a mistake that isn’t apparent until it’s much too late. Luckily, we know all the ins and outs of luxury home buying, so we can warn you about some of the biggest slip-ups people make. Here are four major things to consider when purchasing a luxury home.
Basing Your Offer on the Asking Price
When you find your dream home and you want to make an offer, always look at the market value rather than the asking price. This will help you see what other homes in the area have sold for and how long it took for them to sell, so you can decide if the asking price is fair or not.
Not Getting Pre-approved by a Lender
Unless you have been pre-approved, you shouldn’t start searching for houses. Many people mistake pre-approval with pre-qualification. Pre-qualification is just the first step, but becoming pre-approved turns you into a cash buyer and makes for easier negotiations with the seller.
Getting Caught Up on First Impressions
Buying a home is an emotional journey, and it can be easy to be swayed by a first impression. Make sure to look beyond the decor and features of the home that can be easily changed; even though the previous owners may not have had your style, the home itself may be just what you’re looking for with some minor adjustments. On the other hand, don’t let the “perfect” paint colors or furniture sway you into a home that you wouldn’t really be happy with.
Not Understanding Your Rights
When you are sending in an offer, it is crucial to get an attorney on your side. Going through the purchase agreement can seem tedious, but with a good law firm on your side, you will be able to fully understand your rights and obligations, saving you from signing a poorly written contract or getting in over your head.
This is where we come in. As the premier South Florida luxury real estate attorney, Mark Schecter has been in the business for years and is passionate about helping his clients find the luxury homes of their dreams. Contact Schecter Law today at (954)-779-7009 to learn more.
4 Mistakes Most People Make When Preparing Their Home to Sell
Unless you hire an army of professionals, including a South Florida residential real estate attorney, and take a hands-off approach to sell your Sunshine State home, chances are you need some sound advice before getting started.
There are plenty of things you should do to sell your home quickly and as close to asking price – or, ideally, over. However, there a few things that will nix your chances of making a good sale. Below are a few things that reduce the value of a listed home.
Photos are the first thing that draws buyers to your listing – if they like what they see, they then scroll down to read the details. Far too many homes are listed with poor, pixelated photos that don’t show the place in the best light and from the best angles. Hire a photographer to take your photos – a wide-angle lens will capture three corners of a room and they will know exactly where to place themselves to capture the best light. Make the most of your photographer by ensuring the house is cleaned, repaired, and staged before your appointment. The last thing you want in your photos is a dirty laundry hamper or a sink full of dishes.
Not making necessary repairs – or making too many of them
Chipped walls? Unpruned hedges? -replaced or cleaned? Dull, scratched floors? Fix them. These are low-cost, easy fixes that will make the home look inviting and cared for to potential buyers.
Be selective on the pre-list projects you take on – not everything needs replacing, and some may not increase the sale price enough to recoup the cost of the renovation.
Ignoring or not disclosing problems
Not a good time to sweep under the rug your home’s issues – be honest and upfront about it and it will save you time and legal fees in the long run. This is an area when our South Florida residential real estate attorney can help you manage any issues upfront, and find the best way to document them.
Not hiring the right real estate professionals
Finding the Fort Lauderdale real estate attorney, agent, stager, and photographer are crucial to a smooth sale. Talk to a few reputable certified realtors and do a reference check. You’ll want to know what experience the agent has sold homes in your market or geographic area.
Call Schecter Law to discuss legal needs. With the help of a Fort Lauderdale real estate attorney, you can ensure the selling process is straightforward and avoid any pitfalls along the way. Are you a buyer? We can help you, too. Call us today at (954) 779-7009.