Luxury Miami Real Estate

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550 South Dixie Highway

Coral Gables, FL 33146

Cell: 305-798-8685

Office: 305-960-5330

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Archive for the 'Miami Beach Real Estate' Category

The Miami Real Estate $1 Million Club

Miami Million Dollar Real Estate Realtor
2013 was a record year for sales in Miami-Dade County over $1 Million. EWM alone averaged a $1M+ sale every 18 hours last year! The great news is that this trend has continued into 2014.

Countywide, we are currently averaging 172 sales per month over $1Million which is really incredible, and EWM’s average is increasing as well! What I find especially interesting is that only about 40% of these sales are single family homes – 60% of them are condos! 10 years ago, no one thought the day would come that more condos than homes sold over $1Million!

Our market is strong right now and people want to be in Miami, which is helping drive our market. Cash sales are also more common today than ever before. It’s an exciting time to be in real estate in Miami!

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Overpriced and Undersold

Miami Dade Luxury Sold Properties

With the Miami real estate market rising, more and more sellers think it’s ok to price their home high when they list it so they have room for negotiations, and/or to see if someone makes a high offer. But typically, it just prolongs the time it takes to sell the house and results in sellers taking even less down the road once the asking price is where it should be. The highest prices are coming in on homes priced closest to their projected selling price (within 5-10%) – we see multiple offers come in and the perceived demand is great. If the house is overpriced, there isn’t as much interest generated and buyers simply aren’t making offers! It’s important to note though that pricing is an art and not a science, so it’s always helpful to consult with an experienced realtor to help guide you! Thinking about selling? I can help!

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut GrovePinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

 

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Miami Real Estate Spring Market Update – March 2014

Ron Shuffield, the president of EWM Realty, circulated a video this week with an update on the Miami real estate market. It’s always worth hearing what Ron has to share!

 

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The Importance of a First Impression in Miami Real Estate

 Miami Real Estate first impressions

“You never get a second chance to make a first impression” and that statement is certainly true when it comes to real estate in Miami! From pictures that a buyer first sees on the Internet to what a house smells like when you walk in the door, buyers can be easily influenced and it’s so important to make a good first impression. One of the best ways to do this is using Miami’s seasons to your advantage. Spring brings out beautiful flowers, and gardens and yards in general look their best in the spring months. If you’re really looking to impress, show off your beautiful landscaping and flowers to make a statement before the buyer ever walks in your front door. Landscaping can make a huge difference when it comes to selling your home, and there’s no better time to highlight it than in the spring! Thinking about selling? I’d love to help!

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables,Coconut GrovePinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

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EWM Realty International #1 in Sales of $1 Million+ Properties in Miami-Dade County in 2013!

A wonderful press release was sent out yesterday confirming that EWM Realty is the leader when it comes to the million dollar market in Miami-Dade County, both in terms of the number of units sold and the dollar volume of units sold. Congratulations EWM! Here is a copy of the full press release:

MIAMI (January 31, 2014) – The year 2013 was a watershed year for million-dollar plus properties in Miami-Dade County, and EWM Realty International, one of the largest real estate services firms in America, and a South Florida exclusive affiliate of Christie’s International Real Estate, was at the forefront of the expansive growth.

The 50-year residential real estate brokerage firm was number one in Miami-Dade County once again last year for the total number of million-dollar-plus residences sold, as well as total dollar volume.

According to data from the Southeast Florida Regional Multiple Listing Service (MLS), EWM had a total of 420 single-family home and condo sales in excess of $1 million for the period of January 1 – December 31, 2013, reflecting $900 million in total sales. That number is 26% higher than its next closest competitor who had 334. The remaining top five brokers had a total of 295, 162 and 96 sales, respectively.

“The sale of million dollar-plus homes and condos grew by 27% in 2013 vs. 2012, “ said EWM President & CEO Ron Shuffield. “The ongoing impact of the international buyer, evolving markets such as China, and a sharp increase in the number of buyers from the northeast, continued to further South Florida’s appeal as a truly global market.”

“Miami-Dade’s million-dollar plus market has been rapidly evolving,” continues Shuffield. “With exponential growth of art and cultural offerings, the region has hit its stride in the global residential real estate arena.”

A recent report from Christie’s International Real Estate, titled ‘Atlantic Insights,’ includes Miami with New York and London as three of the most vibrant world cities currently attracting the globally affluent buyer.

In the period 2003 to 2013, the number of million dollar-plus homes and condominiums that have been sold in Miami-Dade has grown three-fold, from 628 annual sales at year-end 2003, to 1,918 at year end 2013.

As to the 2013 Top Broker Rankings for million dollar plus homes and condos sold in Miami-Dade County, they are as follows:

Rank                                      Broker                                   Total Units Sold in 2013
1                        E WM Realty International                                  420
2                       CB Residential Real Estate                                     334
3                       One Sotheby’s Int’l Realty                                     295
4                       Fortune Int’l Real Estate                                        162
5                       Douglas Elliman Real Estate                                  96

“Our affiliation with Christie’s International Real Estate continues to help expose Miami to the global marketplace,” concludes Shuffield. “Potential buyers from around the globe are consistently viewing our listings, furthering this area’s appeal.”

Founded in 1964, EWM Realty International (EWM) is one of the largest real estate services firms in America. The full-service firm has 10 locations spread through Miami-Dade and Broward counties. EWM’s 800 associates and staff members offer residential and commercial real estate services, corporate relocation, and international services, as well as home mortgage and title closing services through affiliated companies HomeServices Lending, LLC and Columbia Title of Florida. EWM’s annual sales volume exceeds $2.6 billion.

EWM is the exclusive Miami-Dade and Broward Counties affiliate for Christie’s International Real Estate (CIRE), the leading and largest network of luxury, independent, real estate firms in the world, and a subsidiary of Christie’s International PLC, the London-based art auction company founded in 1766.  With more than 25,000 real estate professionals operating from 41 countries, the affiliate members of Christie’s market the finest residences around the globe. EWM was named  the “2012 Global Affiliate of the Year” for the Christie’s Network of luxury brokerages worldwide.

In addition to Christie’s, EWM is one of the principal owners of the Leading Real Estate Companies of the World (Leading RE), the nation’s largest real estate referral network, comprising more than 500 real estate firms and 140,000 associates marketing residential properties in 30 countries.  Through joint alliances with their member firms, Leading RE provides home buying and selling services to families and individuals relocating throughout the world. EWM is also a member of the luxury division of Leading RE, Luxury Portfolio, which is a collection of 200 firms focused on the marketing of luxury properties throughout 28 countries.

EWM is a wholly owned subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate.  HomeServices is the second-largest full-service independent residential real estate brokerage firm, and the largest real estate settlement services provider, in the U.S.  Through its affiliation with HomeServices of America, EWM is part of a real estate family of 20,000 sales associates spanning 21 states.  For additional information, visit www.ewm.com.

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

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Luxury Real Estate Worldwide & in Miami

Miami luxury real estate homes for sale

Christie’s International Real Estate (EWM’s affiliate) recently introduced a publication to explore luxury real estate around the world. In the recent issue, the markets in London, Miami and New York were examined and compared – 3 cutting edge cities currently experiencing tremendous growth. While prices and sales volumes are significantly higher in London and New York, Miami certainly has a considerable amount of luxury real estate and savvy buyers around the world are aware. EWM sold a $1+ million property in South Florida every 17 hours in 2013! With Miami’s emerging art and cultural scene, there’s no doubt this trend will continue as more of the world’s wealthiest flock here to buy real estate so they too can enjoy our beaches and temperate climate. People want to live in Miami right now, and our high-end market is thriving!

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

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Homestead Exemption Applications Due Soon!

Miami-Dade County Homestead Exemptions

To all of the new homeowners in Miami-Dade County: if you bought a new primary residence in 2013, please remember that in order to obtain a homestead exemption on your new home, you must apply for the exemption by March 1, 2014. This exemption will mean substantial savings on your real estate taxes. If you do not apply by March 1st, you will lose your eligibility for this year.

For more information, visit the Miami-Dade County website here.

You can apply in three different ways: 1) by mail (see website for details), 2) in person at locations around Miami-Dade County (see website for addresses & hours), or 3) online here. If you have any questions at all about homestead exemptions, please reach out to me. I am happy to help!

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

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Cheers to a Wonderful 2013 in Miami Real Estate!

Luxury Miami Real Estate 2013

As we embark on our Miami real estate ventures for 2014, I am excited about what lies ahead, but also grateful for 2013 and all its successes. Thanks to all of my clients, friends, and JABbers for helping to make 2013 so great! We had a very busy year with a total of 97 transactions and $51,770,000 in volume, comprised of 51 sales and 46 leases. We closed 1 sale and 1 lease almost every week this year! I am proud of my accomplishments and excited to use this momentum into the New Year. As always, I welcome your feedback and would love to help you with ALL of your real estate needs. With a team of people in my office, we are always here for you!

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

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2013 Miami Real Estate Year in Review!

Luxury Miami Realtor

2013 was a busy year for Miami real estate with tremendous improvements across the board – inventory continued to drop, prices rose (sometimes dramatically), homes sold closer to their asking prices, and the average days a listing was on the market before it sold went down. Looking at the Miami luxury real estate market, we saw the same progress. In fact, there were more sales over $1.5M this year in all of the major markets (Coral Gables, Coconut Grove, Miami Beach, Pinecrest, Palmetto Bay) than there were last year, and we still have sales left this year that haven’t been recorded! This chart shows how many sales occurred this year compared to last year for these $1.5M+ homes. Pinecrest had a 50% increase from 40 sales last year to 60 this year, and Palmetto Bay didn’t have any sales over $1.5 million last year but there have been 3 this year. Here’s to a wonderful 2014 in Miami real estate!

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

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South Florida Market Update by EWM Realtors President Ron Shuffield

Ron Shuffield, the president of EWM Realty International, shares this thoughts on the South Florida real estate market and what has transpired in 2013. Take a look – it’s always interesting to hear from Ron!

 

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

305.798.8685 | ashley@ashleycusack.com | Facebook | YouTube

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The Pros & Cons of Using a Realtor to Buy & Sell Real Estate

Blackboard with the image of the column with the ins and outs

 

Real estate today is like the wild, wild west. From multiple offers to back-up contracts, it can be daunting! In times like this, people question whether they really need a realtor or not. Here is my perspective!

PROS:
– Realtors know the market, which is always changing. How best to negotiate a deal changes often based on the market conditions, and realtors are abreast of that.
– Making a strong first offer is critical, and the presentation of that offer can be just as important.
– Realtors have relationships with other realtors. Deals come together (and are helped along) based on those relationships sometimes.
– We have tools just from experience to get around inevitable stumbling blocks along the way. It’s what we do everyday – so our “toolbox” is overflowing!

CONS:
– Commission must be paid!
– You run the risk of using a realtor who doesn’t work hard or doesn’t know your market, which could be detrimental.

Call me if you need real estate help. The pros definitely outweigh the cons!

 

My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

305.798.8685 | ashley@ashleycusack.com | Facebook | YouTube

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