Page 16 - Stuart Exposure - October '21

Page 16, Stuart Exposure

real estate

Treasure Coast Real Estate simply make an effort to make their home more appealing. I get reminded of this when I see some of the pictures

Report My seller spent $3,000 to make a $7,000 profit in three I find when searching for properties for buyers. Shortcuts
just aren’t worth it.
days. Run that return on investment (ROI) through your
Do You Want The Highest Price calculator! Jim Weix is a broker associate with The Keyes
I can understand the temptation to take shortcuts though.
Or Just A Quick Sale? When taking a listing, I ask myself, why should I spend Company. Jim has 24 years of experience selling real
estate full time. If you have questions or want the services
By Jim Weix money on a professional photographer, since I can take of an experienced expert, you can reach Jim at (772) 341-
Let’s face it: right now, good pictures myself. Then I remind myself that is because 2941 or jimweix@jimweix.com.
just about any home will a professional photographer can take better pictures.
sell quickly. Many times,
a home seller will get
multiple offers and some Local Government from page 15
will be above the asking
price. Martin County Property
However, sometimes
sellers are still leaving Appraiser
money on the table. I
witnessed this recently with Porting The Save Our Homes (SOH) Benefit
a listing that I had.
My seller owned a rental property that he wanted By Jenny Fields, CFA,
to sell. After the tenant moved out, he had the interior Martin County Property
painted, tile and carpet cleaned, driveway pressure Appraiser
washed, and did some minor repairs. He spent $3,000 By law, a homestead
and the home was immaculate and move-in ready. exemption is not
Another home in the neighborhood was also for sale transferable to your new
at the same time. Each home had multiple offers within home. If you move, you
two days. Although both homes had identical floor plans, must file a new application
his neighbor’s home sold for $10,000 less. for your new residence.
Given the similarities of the homes, including the age However, you can “move”
of the air conditioner, roof, etc., the only real difference the accumulated SOH
was cosmetics. Unlike my seller’s home, the neighbor’s benefit from one homestead
home was not “bright and shiny.” to another homestead,
I would love to claim that my “superior marketing anywhere in the state of Florida. You have from Jan. 1 of
skills” resulted in a higher price, but that was not the the year you move, until Jan. 1 three years later to re-apply
case. In reality, it was the same buyers looking at both for homestead and retain the SOH
the homes and they often made offers on both of them. benefit. This is known as “portability.”
They simply made higher offers on my seller’s home. The examples provided show
With the real estate market being as fast paced as it standard calculations for upsizing and
is, there is the temptation to take shortcuts. Sellers know downsizing.
that their home will sell, often above asking price, so they Please contact our office for your
figure why bother sprucing the place up. actual portability estimate.
The reason is that sellers will get more money if they

Pet Matters

by Pat Deshong, President of Furry Friends Featured Adoptables
Adoption Clinic & Ranch, October 2021
Colbert
Colbert was rescued as a
stray kitten with his brothers
and sisters. He is a 6 mo.
old domestic shorthair and
is very sweet. He has been
thoroughly enjoying the
foster home he has been
staying in, but now it is time
he finds a permanent home
of his own. Colbert is well
socialized and will make a
great addition to your heart
and home.
Denver
Denver is a sweet 1 yr. old
young dog who already has
mastered basic tricks! Denver
can sit and lay down on cue
and also walks very nicely
on the leash. Denver recently
went to a baseball game and
met people of all ages, size,
and sex and loved every
single one of them. Denver
can’t wait to meet his new
fur-ever family!

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