South Florida Real Estate and Community News

Dec. 7, 2017

Will You Be Changing Your Agent for 2018?

We're now getting very close to the end of the year and if you've been unsuccessful in selling your home up to now, it's a natural time to pause and reflect on why this is so.

The first thing you should be doing is getting in touch with your agent to review performance.

But hang on a second, why are you having to contact the agent?

There's still a widespread assumption that all agents make pretty much the same effort on behalf of clients.

The average agent in this country sells less than a handful of homes a year, reflecting the fact that not every agent is engaged in real estate on a full-time basis.

So many of the more "casual" agents simply lack the intimate day-to-day knowledge of the market that's needed to price your home correctly and to be in constant touch with past clients and others who can influence a sale, not least other agents.

Poor communication is another major failing of poorly motivated agents. It's absolutely essential that you are regularly kept in the loop with what's happening with your sale, in order that any necessary fine tuning can be implemented. If your agent isn't staying in touch, maybe it's because there's been nothing done to report.

Ask your agent for specific evidence of why your home isn't selling and double-check his/her current effectiveness by requesting evidence of overall sales performance since you listed.

If you're unhappy with the answers, or would simply like a different perspective on creating an effective strategy in the coming weeks, please contact us. We'll be happy to demonstrate our very high month-to-month sales achievements and explain how our comprehensive and completely concentrated efforts pay dividends for our clients.

Kind regards
Aaron Novello

Nov. 21, 2017

Do You Know What Your Home Is Worth Right Now?

Do You Know What Your Home Is Worth Right Now?

 

Do You Know What Your
Home Is Worth Right Now?



I've just read an interesting article on realtor.com that observes we are again in a boom market and seeing prices back at the levels we saw toward the end of the previous boom in 2007.

Entitled "10 Years After The Crash The Boom Times Are Back In Real Estate - But Way Different", the article suggests that we are in a much more sustainable market this time, not least due to the contrasting artificial rise in prices caused by subprime and low documentation mortgages back then.

We're now in an age of far more stringent lending standards, of course, and also have a much more buoyant jobs market (the unemployment rate is now half what it was in 2010).

There are some real signs of very sustainable market conditions and, should these continue without the intervention of any seriously negative influences, we should see further growth next year and beyond.

With a shortage of properties available for sale nationwide, it will be interesting to see if the continuance of great market conditions now begins to encourage more of those would-be sellers who put off their sale during the years of recession and recovery to finally list and move on to their next home.

It's quite possible you've not checked the value of your home recently. Given the way things have been improving, many homeowners are pleasantly, surprised at how their property has appreciated in value since they last looked.

We do offer a simple online Free Home Valuation Tool that you can access by clicking here
, or the link below. While this will give you a very rough ballpark value, we'd strongly recommend that you reach out to us for a more detailed evaluation of your home in order to get the most accurate estimate that considers all features, condition, location and any other relevant factors.

Contact us today. You might get a nice home-valuation surprise just in time for Thanksgiving. I sincerely wish you and your family a wonderful holiday and thank you again for providing us the opportunity to be of assistance.

Kind regards
Aaron Novello



The Novello Group Sold 15 Homes This Month!
Here are some of the highlights:

133 N.Pompano #1509
PENDING $335,000

6082 Oak Bluff
PENDING $335,000
6551 NW 89th Ave
SOLD $309,750

9353 SW 1 Place
SOLD $209,999

427 Golden Isles Dr 14A
PENDING $199,999

6790 NW 27th ST
SOLD $199,999

9983 NW 7 ST
PENDING $199,999

5468 NW 59 Place
SOLD $179,999

6804 NW 27 Court
PENDING $144,999

3233 NE 34th ST #1420
PENDING $129,000

6855 W Broward #308
PENDING $128,000

12900 SW 7 CT #405B
SOLD $118,500

The average Realtor sells less than one home each month. There is a method to working in this market and a reason for the success of Aaron and his clients. Contact us today to find out more!

 

 

Latest South Florida
MLS Stats:


Single Family Homes
Active:17,538
Pending: 2,307 (past 30 days)
Closed: 2,886 (past 30 days)
Days on Market: 141
Months of Inventory: 6.07


Condo
Active: 24,994
Pending: 2,005 (past 30 days)
Closed: 1,973 (past 30 days)
Days on Market: 173

Months of Inventory: 12.64

Contact Us

Aaron Novello
The Novello Group
Keller Williams Realty
FL
954-626-8768
Fax: 954-809-3003
Send an Email

www.soldinsouthflorida.com

 

Follow us online
Follow us on Facebook

From Our Listings

10733 Edinburgh ST $454,900

5591 Coach House Cir A $259,000


2519 Rodman ST $229,999

Introductory Video

Please click to view


"Aaron is prompt, professional, and puts his clients interest first. I would recommend him without hesitation."

- George Morel

 

Aaron Novello
The Novello Group
Keller Williams Realty, FL

Nov. 2, 2017

What You'll Miss If You Take Your Home Off The Market Until Spring

What You'll Miss If You Take Your Home Off The Market Until Spring

It's November already and thoughts will now progressively turn to the upcoming holidays.

Another less welcome tradition at this time of year is for a number of home sellers to withdraw from the market until the spring. The misconception is that people will no longer be interested in buying until the upcoming festivities are complete.

This is unquestionably the biggest myth in real estate.

Buyers do not hibernate and right now are very serious about moving in fast this time of year, often for reasons associated with New Year job relocation and taxation incentives. In fact the buyers we're seeing right now are arguably the most driven and motivated in the entire 12 month cycle!

By not listing now you'll miss the chance for greater market visibility and a more robust asking price due to less competition.

Moreover, buyers tend to be more emotional as holiday celebrations draw near, making them more likely to make purchasing decisions. Even better, the holidays often mean they've got more time on their hands, and, crucially, are in a more relaxed state to view homes.

Add in the fact that mortgage rates are still low and buyers are keen to take advantage of them, before anything changes in 2018, and you have another excellent reason for staying on the market.

Take a break now and you'll effectively be starting again in market conditions with a lot more competition which could mean less money.

And if you're concerned about having viewers visit while you're celebrating the holidays, it's easy to make arrangements with your agent to limit visitors at certain time periods.

Please don't hesitate to reach out to us today. We'd be delighted to explain how we can implement a very effective marketing strategy for you.

Kind regards
Aaron Novello

Oct. 20, 2017

You're Ready to Sell, But is Your Agent About to Take a Long Break?

You're Ready to Sell, But is Your Agent About to Take a Long Break?

 

You're Ready to Sell, But is Your Agent About to Take a Long Break?


There's no doubt at all that this is a great time of year to sell your home.

This is the season when we see some of the most motivated buyers of the year. Buyers looking at this time often have a deadline-related reason for doing so, such as moving before the holidays, job relocation and tax implications.

What might surprise you, however, is that not all agents will be sharing your well-placed enthusiasm for what the coming weeks and months promise.

The sad truth is that some agents will have already decided that they've earned enough money this year and will be planning a long break, or drastically reduced working hours, until they slowly get back to normal at some point in the new year.

This means that you could find yourself ready, willing and able to welcome the motivated buyers that fall brings, only to realize that your agent isn't pulling his/her weight to attract interest in your home.

It's a perfectly valid question to ask your agent what his/her plans are between now and the end of the year. You'll invariably find that the most successful agents won't be taking a break and will be treating the rest of October and November and December as normal work periods.

At The Novello Group, we pride ourselves on working hard during this time of year. As I said earlier, there are some really important reasons why the buyers we'll be seeing in the near future are simply too incentivized and well-qualified to ignore.

If you're looking to partner with a year-round, high performer, call us today for an informal chat about the best strategy to sell your property as soon as possible.

Kind regards
Aaron Novello



The Novello Group Sold 20 Homes This Month!
Here are some of the highlights:

210 174 Ave #2319
SOLD $550,000

19380 Collins Ave PH6
SOLD $408,000
5781 SW 1 ST
SOLD $350,000

640 SW 96 Ave
SOLD $335,000

8706 NW 83 ST
SOLD $295,000

400 Leslie Dr #1030
SOLD $286,000

9222 NW 24 PL
SOLD $229,999

7580 Atlanta ST
SOLD $220,000

1614 NW 3 Ave
SOLD $185,000

200 Diplomat Pkwy #320
SOLD $170,000

1508 N K ST
SOLD $132,000

1732 7th Ave N
SOLD $129,000

The average Realtor sells less than one home each month. There is a method to working in this market and a reason for the success of Aaron and his clients. Contact us today to find out more!

 

 

Latest South Florida
MLS Stats:


Single Family Homes
Active:17,830
Pending: 1,231 (past 30 days)
Closed: 1,590 (past 30 days)
Days on Market: 201
Months of Inventory: 11.21


Condo
Active: 29,237
Pending: 1,233 (past 30 days)
Closed: 1,590 (past 30 days)
Days on Market: 212

Months of Inventory: 18.38

Contact Us

Aaron Novello
The Novello Group
Keller Williams Realty
FL
954-626-8768
Fax: 954-809-3003
Send an Email

www.soldinsouthflorida.com

 

Follow us online
Follow us on Facebook

From Our Listings

2348 NW 184 Ter $389,500

6082 Oak Bluff Way $345,000


5591 Coach House Cir A $259,000


Introductory Video

Please click to view


"This realty group is outstanding. After selling my Aunt’s apartment, following her death, and now selling my house in 2 DAYS, followed by finding me a condo in 3 weeks — what can I say but superior service. All the associates that I have dealt with have been courteous, patient and knowledgeable. I would strongly suggest that you call the Novello Group at Keller-Williams Realty for all your real estate needs."

- Gloria Glasser

 

Aaron Novello
The Novello Group
Keller Williams Realty, FL

Oct. 4, 2017

You Can Still Buy A Home In Time For The Holidays

You Can Still Buy A Home In Time For The Holidays

Well, it's October already and your thoughts may just be starting to turn to the upcoming holidays, maybe even moving to a new home in time for the celebrations.

With just over seven weeks to go until Thanksgiving, time is getting tight, but it's still possible to close on the home you've been looking for and be ready to entertain guests in your new surroundings.

Clearly there isn't a moment to waste, but stay calm and devote as much time as possible to finding the home you seek.

Time management is clearly critical in these circumstances. If you have some vacation time, then now might be a good time to take it so you can view homes without delay, and in a situation that's as relaxed as possible, enabling you to make an informed decision.

It's also vital to ensure you have everything lined up in terms of your finances. We'd advise any buyer to be pre-approved for the required level of mortgage before any home search, but if you're working to an immovable deadline it's arguably even more important, so that there are no unnecessary delays once you've made an offer and look to close as quickly as possible.

Finally, be certain you're teamed up with a motivated and pro-active buyer's agent. The best buyer's agents will often know about homes that meet your needs even before they are officially on the market, meaning that you can be among the very first to view them - a huge advantage when you're working to a tight timescale in today's competitive conditions.

We'd be pleased to help you to achieve your goal of being settled in before the holiday fun starts. Get in touch with me today and learn how we regularly work with clients to obtain the right home in the timeframe they have available.

Kind regards
Aaron Novello

Sept. 21, 2017

Reflections After The Storm

Reflections After The Storm

 

Reflections After The Storm


Southeast Florida as a whole was extremely lucky avoiding a direct hit from a Category Five hurricane.

I am aware that some were less fortunate then others. For those of you with damage, I have compiled some links from around the internet with information on how to get assistance. If you need to make a flood claim, please click here to go to FEMA's dedicated page on exactly what to do in this situation. There's also a section giving details on advance payments that can be made in certain circumstances before your adjuster arrives to inspect your damage.

FEMA provides some very good tips on cleanup and other great advice, which can be found at FEMA's dedicated Hurricane Irma page.

For the most part Miami-Dade, Broward and Palm Beach counties were fortunate and fared relatively well during the storm. This means that the local real estate market has actually gotten back to business as usual very quickly.

We would of course be happy to help answer any post-Irma questions or concerns you have related to real estate, so please don't hesitate to reach out to us.

Kind regards
Aaron Novello



The Novello Group Sold 21 Homes This Month!
Here are some of the highlights:

2348 NW 184th Terr
PENDING $393,000

291 NW 78th Terrace
SOLD $340,000
1680 SW 27th Ave
SOLD $275,000

7115 NW 58th Court
SOLD $206,000

200 Diplomat Pkwy
PENDING $170,000

631 SW 5th Ave
SOLD $151,000

2710 S. Ocean Drive
SOLD $144,000

2725 Casita Way
SOLD $130,000

440 Paradise Isle Blvd
SOLD $110,000

1061 Cornwall D
SOLD $100,000

35303 SW 180th Ave
SOLD $94,000

601 S. 19th Ave
SOLD $75,000

The average Realtor sells less than one home each month. There is a method to working in this market and a reason for the success of Aaron and his clients. Contact us today to find out more!

 

 

Latest South Florida
MLS Stats:


Single Family Homes
Active:17,251
Pending: 1,462 (past 30 days)
Closed: 1,857 (past 30 days)
Days on Market: 190
Months of Inventory: 9.28


Condo
Active: 28,288
Pending: 1,565 (past 30 days)
Closed: 1,823 (past 30 days)
Days on Market: 205

Months of Inventory: 15.5

Contact Us

Aaron Novello
The Novello Group
Keller Williams Realty
FL
954-626-8768
Fax: 954-809-3003
Send an Email

www.soldinsouthflorida.com

 

Follow us online
Follow us on Facebook

From Our Listings

133 N. Pompano Beach Blvd #1509 $348,000

7635 N. Stonecreek Drive $284,900


427 Golden Isles Drive #14A $199,999


Introductory Video

Please click to view


"This was an exceptional experience. Aaron Novello is a very professional realtor I would recommend him to all of my friends I didn't really need to lift a finger, the closing went off without a hitch. It was awesome. Definitely use Aaron Novello"

- Charles Miller

 

Aaron Novello
The Novello Group
Keller Williams Realty, FL

Aug. 9, 2017

What Do Millennials Look For In a Home?

What Do Millennials Look For In a Home?

 

What Do Millennials Look For
In a Home?



According to a recent report by the National Association of REALTORS®, millennials are the largest group of home buyers for the fourth straight year, with about 40% of all home sales being made by those aged 36 and younger.

What I think is sometimes underplayed, however, is the importance of recognizing some of the specific home buying needs of this vital market sector.

Given the speed that today's world dictates that millennials must lead their lives, if you're a seller from an older generation it helps to acknowledge that their motivations may be very different from when you first got on the housing ladder.

Time poverty is a huge problem for millennials trying to hold down a busy job and, in many cases, raise a family. It therefore follows that they very often want to move in fast and buy a home that doesn't need a lot of remodeling (none preferably). This may contrast with your own experience, at a time when methodically selecting a "fixer upper" was pretty much the norm. Therefore a well presented, modern looking, fully functional home really has advantages.

Location is another area where times have changed. In the past a home in a very quiet, out of the way area with plenty of land was seen as highly desirable. The ultra-busy lives that millennials lead means that they generally will require an easy to maintain home that's near to their work and has all the shopping and leisure facilities they need when they do get some spare time. Nearby access to public transport can be a big plus too. So if your home ticks all those boxes, it should be of great appeal to this group of buyers.

It's also critical to recognize that most millennials live on their phones and mobile devices and will look online for a home in exactly the same way as they might buy anything else. That's why we designed our website to have full "responsive capabilities", which means that it automatically adapts to give the very best user experience for people on the move.

Perhaps above all, though, is the need to recognize that millennials like to move quickly, hence the saying "snooze you lose" often applies, especially if you're in competition with other sellers who are more responsive to offers, questions etc.

While much of the selling process is universal, irrespective of the buyer, I hope the above pointers help you to evaluate not only how suited your home might be to millennial buyers, but also how to handle their interest in the most effective way.

Needless to say, we're here to help you at every stage in the process, so please don't hesitate to get in touch.

Kind regards
Aaron Novello



The Novello Group Sold 20 Homes This Month!
Here are some of the highlights:

941 SW 87th Terr
SOLD $449,999

5025 Ibis Place
SOLD $363,000
12351 NW 29th Pl
SOLD $275,000

1149 Hillsboro Mile SOLD $269,000

7922 Exeter #202
SOLD $265,000

7102 NW 67 ST
SOLD $220,000

210 N 65 Terrace
SOLD $213,000

2710 S. Ocean Dr. #303
SOLD $144,000

440 Paradise Isle Blvd
#402 SOLD $110,000

7543 Trent Dr #206D
SOLD $105,000

1750 NW 3 Terrace
#104C SOLD $102,500

4027 Ventnor H
SOLD $85,000

The average Realtor sells less than one home each month. There is a method to working in this market and a reason for the success of Aaron and his clients. Contact us today to find out more!

 

 

Latest South Florida
MLS Stats:


Single Family Homes
Active:17,630
Pending: 2,452 (past 30 days)
Closed: 3,548 (past 30 days)
Days on Market: 173
Months of Inventory: 4.96


Condo
Active: 28,594
Pending: 2,553 (past 30 days)
Closed: 3,279 (past 30 days)
Days on Market: 195

Months of Inventory: 8.72

Contact Us

Aaron Novello
The Novello Group
Keller Williams Realty
FL
954-626-8768
Fax: 954-809-3003
Send an Email

www.soldinsouthflorida.com

 

Follow us online
Follow us on Facebook

From Our Listings

3910 NE 26th Ave $849,999

3140 S. Ocean Blvd #107N $499,999


133 N.Pompano Beach Blvd #1509 $367,000

Introductory Video

Please click to view


"I highly recommend Aaron. He is a consummate professional, knowledgeable and extremely courteous. Keeps you informed and updated. Really has a grasp on condominium home owners associations rules and regulations which can be a nightmare."

- Tom Everhart

 

Aaron Novello
The Novello Group
Keller Williams Realty, FL

Aug. 8, 2017

An Introduction to The Novello Group

In this video Aaron Novello outlines what sets The Novello Group apart from other agents.

July 21, 2017

The Importance of Checking Out Agent Reviews

Usually when buyers and sellers are engaged in the selection process of choosing an agent, often they ask friends for a referral.

With today's internet technology, however, folks are now going online and doing their own homework and studying agent reviews.

Like any other service, such as using reviews to buy a product on Amazon or choosing which restaurant to visit through Yelp, agent reviews on platforms like Zillow and Google essentially provide "social proof" that others have used an agent's service. Good reviews confirm that the agent provides good service, communicates properly, maximizes sellers' returns and makes the home-buying process as smooth and efficient as possible.

It's a great way of developing trust and I encourage you to refer to reviews when selecting an agent, if you're a seller and/or a buyer.

We've had the great fortune of earning a stellar reputation online with 199 five-star reviews. Make sure whomever you are considering for the job can back up their claims of superior service and results with reviews.

Please don't hesitate to get in touch with me if I can help you in any way at all.

Kind regards
Aaron Novello

June 30, 2017

Handling Offers When You're in a Hurry To Sell a Property

Handling Offers When You're in a Hurry To Sell a Property

 

Handling Offers When You're in a Hurry To Sell a Property


Many people need to sell a home very quickly at some stage in their lives.

In South East Florida we have a large elderly population. As such when a family member passes often times the beneficiaries begin to get solicitations in the mail from investor types.

These investor's goal and objective is to buy at a step discount. As you might expect, offers from investors are typically far less than the true market value of the property.

In this situation, it's essential to have a professional agent provide you a clear realistic picture of value so you know if you are leaving large amounts of money on the table.

Indeed we recently had a situation where a client received multiple offers from investors. After listing the property with us the seller ended up netting $18,000 more than the highest offer they had from an investor, even after they paid us a commission!

If you, or people you know, are in a hurry to sell, contact us today to arrange an accurate valuation and obtain more details on how we ensure our clients achieve the best possible returns.

Kind regards
Aaron Novello



The Novello Group Sold 16 Homes This Month!
Here are some of the highlights:

2941 Hidden Harbour St
PENDING $570,000

801 NW 72 Ave
SOLD $439,900
14704 Via Tivoli Ct
SOLD $419,900

5025 Ibis Place
PENDING $363,000

1481 NW 103 Ave
SOLD $360,000

5860 SW 7 ST
SOLD $324,000

12351 NW 29 Place
PENDING $275,000

1149 Hillsboro Mile
PENDING $269,000

33 Glens Dr W
SOLD $215,000

5100 Dupont Blvd
SOLD $189,100

1401 SW 134 Way
SOLD $115,000

1750 NW 3 Terr
PENDING $102,500

The average Realtor sells less than one home each month. There is a method to working in this market and a reason for the success of Aaron and his clients. Contact us today to find out more!

 

 

Latest South Florida
MLS Stats:


Single Family Homes
Active:17,626
Pending: 2,714 (past 30 days)
Closed: 4,061 (past 30 days)
Days on Market: 171
Months of Inventory: 4.34


Condo
Active: 29,321
Pending: 2,828 (past 30 days)
Closed: 3,800 (past 30 days)
Days on Market: 189

Months of Inventory: 7.71

Contact Us

Aaron Novello
The Novello Group
Keller Williams Realty
FL
954-626-8768
Fax: 954-809-3003
Send an Email

www.soldinsouthflorida.com

 

Follow us online
Follow us on Facebook

From Our Listings

3910 NE 26th Ave $849,999

3140 S. Ocean Blvd #107N $599,999


10761 NW 5th ST $485,000


"The offer I accepted was received within 4 days of signing with the Novello group. Aaron and Donna made the process very simple and stress free."

- Matthew M.

 

Aaron Novello
The Novello Group
Keller Williams Realty, FL