Rentals are a rarity in Highland Beach, where many move to enjoy the soothing sand and lapping waves as part of their ultimate destination. However, for those who are seasonal residents, or those looking to create an income property from their Highland Beach condo, renters insurance is practically a must. In today's Highland Beach Real Estate blog, we review some of the most compelling and simple reasons that renters insurance benefits both renter and landlord and why you should demand it as part of your income-producing property, especially in a place as upscale and costly as Highland Beach, Florida.
Protects The Tenant's Personal Property
The first and most important consideration is the protection of personal property for your tenant. This not only creates peace of mind but also easily sorts through any property damage situation as it stands without confusion. Even a younger, less wealthy tenant will likely have thousands of dollars of personal property in your rental at any time. This could include but is not limited to:...
As a boutique, upscale Highland Beach Real Estate brokerage with extensive experience with investor clientele, we've seen all manner of profit and loss from landlords we've sold homes to and advised in the past. To narrow our list of ill-advised landlord mistakes to five was difficult, as there are many examples of poor choices cutting into profits and depreciating the quality of the rental property. For current and future rental owners, we're here to get in front of what could be your biggest mistake yet. These five landlord mistakes shown below are the most common and expected from landlords just about anywhere, and a cautionary tale to anyone looking to cut corners and save now. It may cost you big later!
Neglecting Essential Maintenance On Major Appliances
The inevitable breakdown of the washer, dryer, or other major appliance is the bane of a landlord's existence. Save for major disasters like flooding, fire, or a full HVAC overhaul, the repair or replacement of significant appliances can wipe out profits for a month or more. The extension of life on these pieces of equipment is one of the most important roles local handymen play when servicing rental homes, but their upkeep is often ignored...
An escalation clause is a contractual stipulation that enhances or otherwise changes depending on counteroffers from differing parties. It defines certain conditions that, when met, allow the outstanding offer to be elevated to a certain stated amount. In real estate, escalation clauses are one of the best ways to ensure you get the slice of Highland Beach Real Estate you're pining for, strengthening your offer and showing your prospective seller you mean business. In today's blog, learn the ins and outs of a real estate escalation clause and whether you should consider adding one to your next offer.
What Is An Escalation Clause?
Partially defined above, an escalation clause in real estate often means you are willing to match any competing offer to a certain stated price. This ensures that you stay in the running for the home in absentia, with your offer doing the work for you. In theory, the concept of an escalation clause is simple, but in practice requires greater attention to detail and includes...
Real Estate is changing. Technology has influenced everything we do. From how we call our leads, to how we show homes, and how buyers search for them, everything is new in this now centuries-old profession. Despite the fact that Real Estate still includes a significant emphasis on direct marketing, physical ads, and referral discourse, technology is affecting every aspect of the industry. For the on-the-go, quick-thinking Realtor, these 5 simple and sometimes inexpensive gadgets will amplify your productivity and mobilize you in ways you can't on your own. Read today's Highland Beach Real Estate blog and get your list ready!
A Quality Tablet Computer
A tablet computer is not a necessity but can add a level of technological dynamism to your career. Tablets are handheld, easy to move, affordable compared to laptops, and often include display options that are excellent for modern presentations. Tablets allow for sleek, quick movement from app to app, render beautiful high-quality images, and can record leads at an open house. Tablets allow for the mobility of a cellular phone and the...
Highland Beach condos are all luxurious, all beautiful, and all in one of the most desirable slices of land on planet earth. However, not every condo will thread the needle and check every box that you're looking for. While there's not a single unit in Highland Beach we wouldn't mind living in, there are considerations for citizens young and old, pet lovers, and empty nesters, that we organized in our blog below. For questions beyond what a simple few words can answer, rely on our Highland Beach experts to find your perfect waterfront condo.
Privacy And Security
Highland Beach condos are predominantly behind locked exterior doors, with many featuring a doorman and 24/7 security in conjunction with its existing surveillance protocols. For this and other reasons, there is nothing to fear regarding the safety and security within your Highland Beach condo. However, for the very best in safety, look no further than the likes of Toscana, Boca Highland, and Ocean Grande Place.
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Real Estate is growing ever more digital, but as a reputation-based industry with long-term transactions, creating your niche and becoming successful is more than just marketing a product at the point of sale. Agents and brokers know that content of all types is crucial to projecting your expertise and attracting the audience you desire. Here are some terrific content ideas that work online and on paper. Bring these to life and watch your business grow!
Neighborhood Guides
There’s no better endorsement for a neighborhood than living there yourself! Yet for all others in the area, you can easily visit, compile, and put together guides that will provide your clientele with the latest and most crucial information to hone their decisions. Highland Beach condos are a specific niche that are unique even amongst its neighbors. Neighborhood guides can include things like pricing guides, amenity lists, local restaurants, shops, beautiful photography, and adjacent schools,...
When it comes to Highland Beach house hunting, sooner or later you’re bound to find yourself confronted by a question of proper home touring etiquette. After all, you’re an invited guest in somebody else’s Highland Beach home for sale—someone who you don’t know, who isn’t around, and whose house rules are a complete mystery to you.
As you’d expect, the normal rules of courtesy still apply—except when they don’t. For instance, if you are visiting a friend’s home, it wouldn’t be very polite to go about opening up the bedroom closet doors—when touring prospective homes for your next HIghland Beach real estate purchase, unless you are instructed otherwise, that’s a behavior that gets a green light. You might be treated to a “peek and shriek” if the seller has resorted to some last-minute decluttering via haphazard closest-stuffing, but house touring etiquette says that closet inspection is acceptable and even expected. Closet space, after all, is a valuable part of the home’s layout and an important consideration for many when buying a home.
Less clear are any number of gray areas. When your house hunting leads you through an extensive...
