Florida's Waterfront Lifestyle - Florida Waterfront Homes - Florida Waterfront Condos
When you think of Florida you think of miles of white sandy beaches! And rightly so, Florida has over 1,350 miles of coastline with about 660 miles of beaches. Florida waterfront real estate reflects the diverse way that settlers in Florida have embraced a waterfront lifestyle. Beach bungalows, Mediterranean mini-mansions, waterfront estates, expansive water view condominiums, cozy ranch style homes, sparkling new townhouses - whatever type of home style you are looking for can be found on Florida's waterfront.
Because Florida waterfront property is a scarce commodity, timing is everything for Buyers. Waterfront home Buyers are surprised that many homes are under contract in just a few days. That is where a dedicated Buyer Broker becomes the waterfront home Buyers biggest ally, a Florida Buyers Broker can give the Buyer the advantage they need in this evolving real estate market.
As Buyer Brokers we represent the Buyers interest exclusively. Florida Law mandates that all real estate licensees (agents/brokers) are "Transaction Brokers", unless they specifically agree otherwise. Transaction brokers have no Agent or Agency (fiduciary) relationship with customers. They are simply there to "facilitate a transaction" and close the sale. As a dedicated buyers only brokerage, we put our fiduciary commitment to represent and protect our buyers interest in writing. We NEVER act as Transaction Brokers or have contractual obligations with sellers that could create a conflect of interest with our buyer clients.
SMART Home Buying
Being a Smart home buyer doesn't have anything to do with IQ. It does have a lot to do with common sense. There are a lot of opinions out there on what NOT to do as well as opinions of what to do. A smart home buyer uses their common sense to determine what best serves their needs.
Years ago, back in the 1950s, companies that were looking to purchase property decided what they needed was a Real Estate professional that had the company's and only the company's best interest as their goal. So companies began hiring their own real estate professionals. They would put this individual on the companies payroll with the single task of finding the properties that met the company's needs, researching them thoroughly and negotiating the very best purchase. The thinking was that these real estate buyer specialists would save the company more then enough money to pay their salary. Companies wanted an experienced agent that had enough sales experience to understand the seller's perspective but not the driving influence of a "sales team" organization. This person would not only be the companies employee but, would also have the legal duties and responsibilities as the compaines AGENT.
Today real estate brokerages are sales organizations. They contract with property owners to sell their property. Their loyalty is to the seller as it should be and their primary objective is selling the property for the highest price possible.
So, common sense tells us that if we are buying we should look for one of these buyer specialists to work for us. Today, these specialists are called "Exclusive Buyer Agent" or "Buyer Broker". They do NOT work in your typical "sales orientated" Brokerage, they work in Buyer Only Brokerages. They never have listings they must sell or the contractual sales obligations that Traditional Brokerages have with listings. Their loyalty and commitment is to the Buyers interest. Perhaps the best thing about getting your own buyer agent is that there is no payroll and typically no cost at all to Buyers.
What NAR says about Exclusive Buyer Agency - Florida Exclusive Buyer Agents
According to the National Association of Realtors® (NAR) publication 2000 'Agency - Choices, Challenges, and Opportunities', Exclusive Buyer Agency is: "The practice of representing only buyers and never sellers in a transaction. The company (Brokerage) never lists a seller's property and thus never has a seller as a client." The publication goes on to say that Exclusive Buyer Agency, " Promotes a more natural relationship for agents working with buyers". Why ? ".... any brokerage listing properties for sale is used to representing Sellers and has a legal commitment (responsibility) to protect the Sellers interest and must get the highest price possible for the Seller.
The National Association of Realtors (NAR) has OPPOSED "Transaction Broker" Real Estate since 1993 as parties must relinquish their RIGHT to the protections afforded by FULL REPRESENTATION of an AGENT / AGENCY relationship with their Realtor.
Free to Florida Home Buyers
WaterfrontInFlorida.com an Exclusively Buyers Realty web site is dedicate to Florida Home Buyers exclusively. You may be wondering why any Real Estate Agent or Brokerage would want to work entirely with buyers and give up the lucrative Listing or Sales side of the real estate business. Most all agents start out as traditional real estate agents contracting with property owners to market and sell their property for the highest price possible. Some agents see this as a paradox when working with buyers. The question is... How can an agent or brokerage represent the opposing objectives of buyers and sellers without doing a disservice to one or both of the parties ?
To remedy this conflict in "agency" law, Florida laws were changed to allow a single Realtor to represent both the seller and buyer in the same real estate transaction by removing the one thing that makes a real estate agent... your "agent". The "transaction broker" was born. Notice the absence of the word AGENT. Today, Florida realtors are by default, "Transaction Brokers" and do NOT provide fiduciary or agency representation, they are simply sales facilitators. This is why the National Association of Realtors OPPOSES "Transaction Broker" Real Estate because parties must give up their RIGHT to the FULL REPRESENTATION and PROTECTIONS afforded by an AGENT / AGENCY relationship with your real estate professional.
So right about now your asking yourself what's the big deal? Well it is a big deal and here's why... Acting as a "transaction broker", I would not be allowed to inform you that the Seller would take $30,000 less, if I knew it. A "Transaction Broker has NO Agent/Agency (fiduciary) responsibilities to you. They are simply Sales Facilitators.
Now it's an entirely different set of rules with a Buyers Brokerage. A buyers brokerage never takes listings and has no conflicting obligations with Sellers. As your Exclusive Buyer Agent I must always represent your best interest and advise you if a lower price is possible. I must also provide you Full Disclosure of all material facts regarding properties, Total Loyalty, Complete Confidentiality and Honesty on all properties. In Florida, this can only be done in a Buyers Brokerage. We put our commitment to safeguard and protect your interest in writing.
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Our passion, is working with Buyers. For the past ten years we have represented Buyers exclusively. My brokerage, Exclusively Buyers Realty of Florida is a Buyer Brokerage serving Florida Home Buyers where and when they need a professional and a dedicated advocate. Why, because buying a home is perhaps a person’s single largest lifetime investment and I believe buyers should have the very best representation unencumbered by conflicting interest. Accomplishing this requires never contract with sellers to get the highest price or have obligations to promote, solicit, market or sell any property. So when I work with clients they get my full attention. I turn off my cell phone, listen to their comments and answer their questions. I also make it a point to keep my clients informed of each new property entering the market that meets their needs. I research all candidate properties for my clients, provide property history and insure a quality home inspection so they know exactly what their buying.
You will find the level of professional commitment and transparency we provide Buyers quite simply, not possible in traditional brokerage attempting to serve both buyers and sellers. Our Commitment to Buyers exclusively allows us to provide an Agency relationship (fiduciary representation) on each and every property with the buyers best interest... Always First. Traditional brokerages can't do this.
I have lived on the water more then 25 years, and specialize in waterfront homes, condos and beachfront properties. My clients range from the Florida Keys, Sarasota, Tampa Bay and all of SW Florida. Early in my career I worked for two of Tampa Bay's leading national and international real estate company's achieving TOP Producer status with annual sales exceeding $22M. So I know the seller side of Florida real estate. I have been a Florida licensed Mortgage Broker but find it better to utilize full time mortgage bankers and lenders that specialize in providing my clients excellent service and great rates.
WaterfrontInFlorida is listed in the DuPont Registry for Exclusive and Luxury Properties. We are members of the Florida Association of Exclusive Buyer Agents (www.FAEBA.org), the Florida Association of Realtors and the National Association of Realtors. I am a NAR certified "Accredited Buyer Representative” (ABR ), past member of NAEBA (National Association of Exclusive Buyer Agents, a Certified Negotiation Expert (CNE) as well as an "Exclusive Buyer Agent " (EBA) certified by FAEBA.org., with an Angie's List (A) rating by my clients.
I invite you to experience our dedicated buyer services.
Aileen Kane, CNE, ABR, EBA, Buyers Broker/Owner
www.ExclusivelyBuyersRealty.com / www.FloridaBuyersRealty.com / www.GetYourOwnBuyerAgent.com