Real Estate in South Florida - Home & Properties For Sale

 

Real estate agents in South Florida are always looking for new properties to sell and they're willing to pay top dollar for them. However, there's another group of people who also want to buy property in the area that you don't have much contact with; realtors themselves! They need homes too, but they can't get them because of their own financial constraints. So what do you do? You offer your services as an agent to the realtors for free! The problem is, you aren't really qualified to be one. In fact, if you were any more qualified, you wouldn't need this job at all.

Real State in Florida Downward Trends

Homeownership in South Florida has been on a downward trend since the early 1980s when it peaked at over 50% of households. Today it stands around 25%. This means that the number of homeowners in South Florida has dropped from roughly 1 out of every 4 households to just under 1 out of every 5. What happened?

Well, many factors contributed to this decline including the housing bubble burst in 2008, which caused a severe recession to hit our economy. Then there was Hurricane Andrew in 1992 which destroyed thousands of homes and businesses along the coastlines. Finally, there's the ever-present threat of hurricanes like Irma and Maria. Not to mention the rising cost of living, skyrocketing real estate South Florida and insurance premiums and stagnant wage growth.

These factors have caused a decline in homeownership from 25% down to 15% in just over a decade. What happens when these factors are combined with higher than average vacancy levels from foreclosed and abandonedhomes? A severe housing shortage! Offering your services as a realtor for free will open many doors for you. You'll be able to pick and choose which homes you want. And if a homeowner wants to sell in a hurry, they're practically begging you to buy their home!

This may be difficult for you since you have no knowledge of the real estate business. That's why I'm going to show you how to get started as a real estate agent without all that "boring" licensing stuff! That's right, after this article, your license to make money will be "pending".

How to get started as agent of real estate in South Florida without all that "boring" licensing stuff!

•       First of all, take the $5,000 and buy as many home listings as you can that are located near areas where foreclosed homes are being cleared out in bulk. (You can get those addresses from South Florida Mortgage) Then buy a few hundred newspapers. Go door to door and offer to buy people's houses outright for CASH! Explain to them that you're working for realestate in South Florida Mortgage and they want all their properties occupied. Offer a couple hundred dollars more than their asking price if they accept your offer right away because you have others lined up.
  
  
• Once you've collected a few of these listings and the paperboy has quit ringing your doorbell by mid-afternoon, it's time to start sorting them out. Start making your sales calls with the homeowners who are ready to sell. Get them to accept your offer (whatever it is). Make sure you get everything in writing though and make sure the sale price is for both the house and the lot. This is very important. You can't sell just the house because then you'd have a bunch of empty lots which would be bad since this is South Florida and land is always at a premium here. You're going to be making cash sales, so keep all that money safe in a bank. Remember, even though you have dozens of homes, nobody is paying you for them yet. You're not a real estate agent, so you don't have a realtors trust account.
  
  
• Next you'll need to find some people who need homes but don't have much money. What better place than the local homeless shelter? You'll be surprised how many people live there, and even more surprising is they all have Social Security numbers! Go there with your fists full of hundred dollar bills. Let them know you can help them get a house. Of course it won't be free, but they can have it for $1 if they put all the money they "really need" in your hand right then and there. Also explain to them that they need to go with you that day so you can take care of some paper work at the bank.

Get all the down payments and follow them to the bank

Once there you can take their identification and go by yourself to see a loan officer. Explain that these people need housing help, so you want to get them a temporary loan until the government gets around to doing it correctly. The bank should comply since they'd look pretty bad to the public (and their regulator) if they turned away people in need.

When you get the loan (which you should immediately cash), bring everyone to a notarize the deeds. Get them notarized as quick as you can and then take everyone back to the bank to settle up. Make sure you get everyones identification back. If for some reason they don't all have proper ID, give them a month to get it to you before moving on to the next step.

You'll need someone to run the houses for you so you can keep moving. The easiest way is to get some very desperate people to do it, or some big desperate people. Big desperate people won't let you push them around like the smaller ones will so you'll have to be extra careful with them.

Things you need to do | Real Estate in South Florida

The first thing you need to do is get all the addresses of your properties, which should be easy since you collected that info when you were buying them. Now divide them into groups of four so you've got eight manageable "neighborhoods". Go to each neighborhood and approach the toughest looking person you can find and offer them free rent in one of your houses if they'll help protect the other people in their neighborhood. You are their boss now, so make sure they know it and what is expected of them. Give them a nice big stick and take them to their neighborhood so they can start leaning how to do their job.

If you need to, hire some thugs off the street to beef up security at the houses. To make sure they stay motivated, have them live in the houses too an tell them they have to work off what they eat and drink.

Remember, this is all just a stop gap measure until your "real"