Miami real estate news and information

Happy Thanksgiving

From our Family to yours… Happy Thanksgiving!

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SOLD for FULL PRICE in Pinecrest

img_5063The Restivo Hechtman Team recently sold the listing at 6330 SW 107 St in Pinecrest. This magnificent estate features 6 bedrooms, 7.5 baths with 7,429 square feet. The 2 story home boasts a gated entry, high ceilings, working fireplace and chef’s kitchen.

Upstairs features master suite with private loggia and magnificent views of the yard/pool and a separate children’s wing with play area. The backyard is great for entertaining, with ambient lighting, pool, built in bar and covered terrace.

The 6330 SW 107 St sold for full asking price – $2,500,000. It was a pleasure to be part of such an amicable process between buyer and seller. Congratulations to our Sellers and we welcome the buyers to their new home!

If you are looking to sell your home or are in the market for a new one, contact the Restivo Hechtman Team…we will help you with every aspect of the process. We’re here to help YOU!

 

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Brokers Open at the Murano Grande

viewJoin us for a Progressive Brokers Open at the Murano Grande on Miami Beach, located at 400 Alton Rd #1405. From 12-3 PM on November 15, there will be a few units available to preview in the building. Unit 1405 is 2 bedroom 2 bath unit with city views and ocean views as well. Unit features marble kitchen counter tops, warm 18×36 blue limestone floors, alpine snow quartz vanity top and Majorca limestone floors and walls in the master bathroom. It also comes equipped with designer light fixtures, frameless shower doors and impact glass windows and sliding doors.

The Murano Grande boasts luxury amenities such as a concierge, tennis court, spa and pool with views of the bay. You will enjoy being near the beach, nightlife, shops and restaurants. Don’t miss this opportunity to see a beautiful building and condos all at once. Contact the Restivo Hechtman Team for more information or to schedule a private showing if you are unable to make it to the Broker’s Open.

 

murano-progressive-open

 

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How U.S. Presidential Election of Trump May Impact Real Estate Trends

The morning after the election, our inbox was filled with inquiries from foreign investors, second home buyers and international clients, inquiring as to what the impact of the election of Trump as the 45th President of the United States might have on Real Estate Trends.

9/11We wanted to share one email … along with our thoughts in response”

“Dear Vicki and Alexandra,   Finally America has elected and has chosen the 45th President of America.
It was an amazing election that the whole world has followed and has held their breath.
We also have followed closely the American polls till the end and we witnessed the result very early in the morning in Asia.
We don’t know if it is good to have Donald Trump as a President but what we can say  is that we wish America all the Best
It’s time to show to everybody the end of the establishment and the it’s legacy.
We hope the economy of America will be maintained, with stability and growth.  God bless America!
We would also be grateful if you could give us your opinion about the consequences for the real estate in Miami.  What trends do you foresee and expect?”

Our thoughts in response:
“While the stock markets reeled on election night with the uncertainty of change and the surprising election results, that bauble or drop was due in part to  “nerves”  of the unknown …
What the more “long term” impact will be,  we will have to wait and see … over time.
Change could well prove to be a good thing.  Real estate tends to be consistent, and generally follows  a basic pattern of rises and falls.
We will likely see some wobbles and concerns in the condo markets in three particular areas of Miami:  Miami Beach, Downtown Miami and in the Brickell area…  due though primarily to/and because of the fact that there is  a vast amount of new construction projected for those areas, both pre-construction and currently under construction … And that is something that will continue over the many months (and years).  For the most part, real estate is historically one of the safest and strongest long-term investments.
The country seems to be accepting the results of the election … and the genuine heartfelt personal  acceptance, concession and olive branch speeches from Trump, Clinton, and Obama seem to have had a calming and unifying effect on the country as a whole.  I  (and the world news!) will update you with any perceived changes …  I firmly believe that the elections will, in no way, deter investors and second home buyers from continuing to invest in Miami.   Miami has long been a desired destination,  and the global economy will continue to see South Florida that way.  I am optimistic  and hopeful about the real estate market.
Regards, Vicki Restivo and Alexandra Hechtman – EWM Realty International – [email protected] -MiamiRealEstateCafe.com”

 

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The Home Buying Process

Ready to move into a new home but not sure where to start? Here’s a breakdown of the process from start to finish.

To start, enlist the services of a Realtor you trust and can rely on.

In working with buyers, we like to chat with you and find out what you’re looking for…location, size, design style, pool, yard, school preferences, gated community, and ideal price range. Once we have your ideal home in mind, we sort through the homes that fit your needs and we make appointments to view them with you. Once you narrow it down, we can go back for a second look and make an offer on the home you want.

typical seller's expensesWe will present the offer to the selling side and negotiate the contract out on your behalf. When the terms are agreed to and the contract is fully executed, there will be an inspection of the home. During the inspection, an inspector will take a look at everything- plumbing, electric, structural, pests, mold- and give you a report. Depending on the results, you can continue moving forward with the purchase or move on to another home.

If you’re obtaining financing for the purchase, your application will be submitted very shortly after the contract is fully executed. The file will go to underwriting, where the bank will review your finances and qualify you for the loan. The bank will also order an appraisal of the property to determine the value of the home they are going to lend on. With a loan commitment in hand, you’re on the track to close.

There will be a survey, title and lien searches in order to provide clear title.

Once we have the clear to close, there will be a walk thru of the home to make sure everything is still the way it was agreed to in the contract and that appliances and any inclusions are in fact still at the property. Then…closing, where documents will be signed, title transferred to the buyers, funds transferred and keys exchanged. The home is yours!

The home buying process can be intimidating, but we can help you navigate through it smoothly, ultimately finding you your dream home. Don’t wait, contact the Restivo Hechtman Team today!

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Election Day

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HAPPY ELECTION DAY

No matter what side you’re on, get out there and vote!

If you decide neither one is for you and want to leave the Country, we can sell your home…call us today!

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Recently Sold in Palmetto Bay Gated Community

1The Restivo Hechtman Team recently sold their listing in the Gated Community of Flamingo Gardens in Palmetto Bay. The 5 bedroom 4 bathroom home features high ceilings, Italian tile and wood floors along with a new granite and stainless steel kitchen. French doors open to the pool/patio and “beachfront canal.” Outdoor features include a covered patio, a side yard with water feature, outdoor lighting and opulent landscaping. The home also boasts a wood burning fireplace, accordion shutters and a new roof in 2006.

7This beautiful home was listed for $799,000 and sold for $788,000.It was a pleasure working with our Sellers and a big welcome and congratulations to the new owners.

If you’re interested in selling or buying in Palmetto Bay (or South Florida), contact the Restivo Hechtman Team today!

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Pinecrest Tropical Oasis – Open House This Weekend

IMG_1631Join the Restivo Hechtman Team for an Open House on Saturday 11/5 and Sunday 11/6 from 2-4 PM at 10651 SW 65 Ave in Pinecrest. This tropical inspired home was renovated, complete with new bathrooms and a chef’s kitchen that’s been featured in commercials. The home features 4 bedrooms, 3.5 baths, lush tropical landscaping with a hot tub and oversized pool. The grounds are filled with tropical fruit trees, exotic plants and mature palms…it’s like your own Fairchild Tropical Gardens! Imagine enjoying a cup of coffee on the terrace while listening to the palms swaying around you…your private escape from the hustle & bustle of everyday life.

Stop by and preview this unique, one of a kind home, offered at $1,595,000. If you can’t make it this weekend, contact the Restivo Hechtman Team for more information and to set up a private showing. This is truly a gem, unique in so many ways. If you’re looking for a Coconut Grove vibe and want to live in Pinecrest, this combines the best of both worlds. Don’t miss it!

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Join Us For EWM Open House Weekend

The Restivo Hechtman Team will hold open houses this weekend…October 29 & October 30. Join Us!

 

screenshot_2016-10-27-20-12-54-110651 SW 65 Ave in Pinecrest

This tropical oasis boasts 4 bedrooms and 3.5 bathrooms. The home has been updated while maintaining it’s original charm…impact windows, updated bathrooms and a chef’s kitchen which has been used in commercials. The property features an oversized pool, hot tub, a variety of tropical plants and fruit trees set among trails and pathways.

Offered at $1,595,000.

OPEN SATURDAY & SUNDAY 3-5 PM

 

17740 SW 141 St in Palmetto Bay

This pool home features 5 bedrooms, 4 bathrooms and a guest cottage! The main home features 4 bedrooms, 3 bathrooms while the cottage is a 1/1 with it’s own kitchen, living room and dining room.

Offered at $665,000.

OPEN SATURDAY & SUNDAY 12-2 PM

 

Take a break from Halloween festivities and check out these beautiful homes. Contact the Restivo Hechtman Team for more information or to set up a private showing.

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Biggest Mistakes Sellers Make

We see a lot of homes while working with our buyers and sellers, and there’s a few mistakes sellers tend to make…Price, Marketing and Condition. A seller needs to price the home correctly, the home needs to be in good condition and it must be marketed in order to reach the most potential buyers.

alextphoto-com-restivo-6330-sw-107th-st-twilights-1-webLet’s begin with PRICE. Most of us think we have the best home out there, and though it may be worth a whole lot to you, it’s important the home be priced where the market dictates it should sell. You need to know market trends, what’s recently sold in your area and what’s currently for sale in your area. You don’t want to be the priciest house in the neighborhood, because it will take a long time to sell. Buyers are savvy and have access to loads of information online and they will know about every home in the area they are looking for. The home needs to be competitively priced for a quick turnaround. We will help you run the numbers and compare similar homes in your area in order to determine a price for selling your home.

Next, let’s move to MARKETING. It’s extremely important for your home to be marketed everywhere it can be in order to maximize the exposure and let as many buyers know it’s available to them. The marketing starts with great photos. The photos are the first impression for the buyer and many times are the determining factor for whether or not they want to make an appointment to see a home. We bring in professional photographers to get the best shots of a home and use them in all our marketing pieces. Not only are pictures important but so is how marketing pieces are worded. We like to create intrigue and make a buyer feel like your home is THE one for them.

The Restivo Hechtman Team markets your home in many different ways- thru Christies Luxury Real Estate, the EWM Mailer, the Miami Herald, the New York Times, via our blog on MiamiRealEstateCafe.com, on EWM.com, and thru social media like Facebook and Instagram. We have International reach and a wide sphere of influence both locally and internationally.

alextphoto-com-restivo-6330-sw-107th-st-14-webFinally, the CONDITION of your home. Our homes are where we’re most comfortable and where we don’t have to put on a front for the outside world…unless you’re selling that home. We have to live a little differently when the house is on the market because it needs to be ready to be shown at the drop of a hat. When a buyer sees something they like, time is of the essence and you want to get them into your home as soon as possible. The home needs to be clean, smell good (especially important if there are pets), and things need to be put away. If you need help preparing your home, we enjoy assisting you with staging and organizing ideas. Essentially, it should look like a show home. Now-that’s not always easy with everyone’s busy lives, but the cleaner, less cluttered it looks will make the home show better and will allow buyers to envision themselves living there.

There are many keys to selling your home, but these three are important. The Restivo Hechtman Team can help you with these and other aspects of selling, and would love the opportunity to sit down and discuss listing your home for sale. Give us a call today and let’s get the ball rolling!

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