Finding that Perfect Second Home

Finding that perfect winter residence can sometimes be more difficult than buying a primary residence.  There are so many things, other than price point, to consider including what type of community are you interested in, what community amenities are important, what hobbies do you plan to pursue, does the home need to accommodate visitors and more.  It’s important to make a list of your priorities for the time you’ll be living there, and understanding these priorities may be different from the ones you have at your primary residence. But don’t feel overwhelmed, there’s an easy way to narrow your choices down.

First make a list, in order of importance, of the following types of considerations:

What type of community are you looking for, i.e. golf, waterfront, tennis?

Does the community need to be pet friendly?

Do you want a gated, staffed or open community?

What type of interests or hobbies do you plan on pursuing?

Are you planning on hosting visitors from out of the area for extended stays? If so, how many guest rooms do you need?

Are you looking for a full size kitchen with upgraded appliances, or are you planning on eating out a lot?

Do you need a pool and/or a summer kitchen?

Do you want privacy and seclusion with a lot of downtime or do you want to be in the middle of everything?

Is being close to shopping and dining important to you?  How important is it to be close to cultural activities, like festivals, museums and art galleries?

Will you need a home office to be able to conduct business?

Questions such as those listed above can help you determine in advance what’s most important when deciding on a secondary home.  Having this information handy will be most helpful to your real estate agent and in the long run, narrow your choices down to those homes that best fit your lifestyle and needs.

Buying a second or third home is exciting and can be a lot of fun if you’re prepared.

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The Trifecta of Real Estate May Be Here

Record low mortgage rates + builders buying up lots + shrinking number of days a house is on the market may be the trifecta to real estate recovery in Florida.

The signs are all there in the daily headlines.  The average 30 year fixed rate mortgage fell to around 4.2 percent this past week while the 15 year fixed rate dropped to 3.3 percent.

Existing home sales as well as new home sales were both positively affected by this new drop in mortgage rates.  It’s also setting off a spark in the economy because those who refinance now have extra money in their pockets due to lower mortgage payments.  The refinancing spurs home buyers to spend money remodeling their homes, and buying new appliances and furniture, a ray of sunshine to retailers and the construction industry.

Builders themselves are buying up lots again as they see an uptick in customers wanting new homes rather than simply going after the short sales and foreclosed homes.  And according to one real estate consultant, 78% of Florida builders saw prices of finished lots increasing.

But one of the most positive signs of the real estate market recovery is the fact that houses are staying on the market for far less time than a year ago.  In fact, some houses are getting multiple contracts.   It’s not unusual these days to show a customer a house one day and see a contract on it the next.

Add it all up: record low mortgage rates, new homes sales up with builders snatching up lots and homes on the market for less time than a year ago may equal the best signs of a recovery in the real estate market.  This would be a trifecta in which everyone wins.

In This Age of Non-Human Electronics, Working with a Real Estate Agent Still Essential

It seems our lives are becoming increasingly dependent on electronics and automation.  We can now make deposits in our checking accounts without ever leaving our home.  We communicate with family and friends using Facebook, Skype and email.  We shop thousands of retail sites, buying everything from food to clothing to furniture, without getting out of our PJ’s.  All of this means that we never, if we choose, have to deal with a bank teller, clerk, or relative, in person. Yet the one area that we still need to, and should, deal with a real, live person is when we buy or sell a home.

It’s easy to accomplish all the things mentioned above without dealing with another human being, but when it comes to buying or selling your home, no electronic or internet program will be able to offer you the whole package a real estate agent can offer.

A good real estate agent knows how to get you the best price for your home.  Or if you’re buying, they are experienced at obtaining comparables in the area, ensuring you don’t pay more than you should.  A good real estate agent will make sure you check all the boxes to protect yourself from future damages and problems letting you know what your rights are in the complex world of real estate.  And a good real estate agent will guide you through home inspections, obtaining a mortgage, buying insurance and figuring out your taxes and HOA fees.

But more importantly, a good real estate agent knows the community; they know the various pros and cons of each neighborhood.  They can pinpoint a house or a neighborhood in their minds the minute you begin giving them your wish list.  They listen, they guide and they hold your hand during the entire process.  They develop a relationship with you; one that sometimes, last for years and years.

A good real estate agent is worth their grain of salt and more.  Sure, you can do some of this yourself on your computer in the comfort of your living room.  But there’s no computer in the world that will buy you that cup of coffee, shake your hand at the end, and make you feel that you’ve just run a race together, and won.

Matilde Sorensen on track for banner year

Matilde Sorensen has listed and/or sold $73.3 million in properties thus far in 2016.  If her trend continues, she will have a record year.

Vero Beach 32963 magazine has reported that Sorensen has sold the top 3 most expensive properties on the Barrier Island in Vero Beach year to date.  Read more about Matilde and what she credits for these successes.

 

 

Dale Sorensen Real Estate Inks Exclusive Deal

Dale Sorensen Real Estate (DSRE) is pleased to announce the company has signed an exclusive multi-year sponsorship with the Vero Beach High School Fighting Indians football team’s Booster Club.  The deal, inked just last week, will bring two great home teams together on the field.

“We are extremely excited to form this partnership, bringing two of Vero Beach’s winningest teams, Vero Beach High School Fighting Indians, and Dale Sorensen Real Estate, working together towards one common goal,” said Dale Sorensen, Jr., Managing Partner for DSRE.  “We truly believe that supporting the youth in our community is lending support to our community’s future.  These kids work really hard on the football field, and in the classroom; we want them to know we are behind them all the way in their efforts to be the best they can be.”

The sponsorship came about after DSRE sales agent Dennis Miller, who is a Fighting Indians parent and a member of the Booster Club, learned about the sponsorship opportunity and brought it to Sorensen, Jr.’s attention.  “I really just saw a need at the school that needed to be fulfilled,” said Miller.  “And I know how philanthropic DSRE is, and how much they love to support kids in our community, so it made sense and seemed beneficial to both organizations to collaborate.  I think everyone will be really pleased with the results of this partnership.”

The Dale Sorensen Real Estate logo will be featured on the North side of the scoreboard at the newly renovated Citrus Bowl at Vero Beach High School. They will also be running commercials, produced by the student graphics class at the school, on the Jumbotron.  In addition, the company will have the opportunity to hand out branded items at the football games when season begins in the fall.  DSRE’s logo will also be included on the Tervis Tumblers handed out at the booster cub’s annual golf tournament.

Proof VBHS FOOTBALL SCOREBOARD

Jim Goldsmith Joins the Dale Sorensen Real Estate Management Team

Dale Sorensen Real Estate (DSRE) has announced that Broker Agent Jim Goldsmith has joined the company’s management team.  Goldsmith will be working alongside and collaborating with current staff and staff management as well as the marketing team to help the company’s dynamic group of agents grow their sales.

Goldsmith, who retired from the ministry, has been a realtor since 1999.  He and his wife are former owners of their own real estate firm.  In addition, he has had experience managing multiple real estate offices.

“Jim is very experienced in managing a successful team of real estate agents,” said Dale Sorensen, Jr. Managing Partner of DSRE.  “We look forward to him using that experience and knowledge in working with our team to realize their potential and to help in cultivating new agents.”  Goldsmith has been with DSRE for 2 years.

“I’m really excited about this opportunity to have a larger role with Dale Sorensen Real Estate,” said Goldsmith.  “There is an incredible pool of talent in this company and I look forward to working with everyone in an advisory capacity.  Because I’ve been a sales agent myself, I know what tools it takes to be successful, including marketing and sales tools, personal development education and sales training.  Dale Sorensen Real Estate offers all those and more making the potential for success easily attainable.”  Goldsmith has managed listings throughout Indian River County ranging from the low $100,000’s to more than $4 million.

He and his wife, Tanya, have 3 children and 11 grandchildren.  He enjoys fishing and gardening and is preparing to join a mission trip to Uganda.

Goldsmith can be reached at jgoldsmith@sorensenrealestate.com or by phone at either 772.473.6418 or 772.492.5300. Jim Goldsmith formal

LeadingRE Ranks 9th on Training Magazine’s Prestigious Top 125

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Leading Real Estate Companies of the World® (LeadingRE) has been awarded the 9th position on Training Magazine’s “Top 125” ranking of companies for employer-sponsored workforce training and development, across all industries. This represented a dramatic increase over last year’s LeadingRE ranking as #64 and was based on the aggregate of the company’s learning programs, including its ground-breaking new MAESTRO™ Leadership Certification program, its 24/7 online Institute learning platform for real estate sales associates, managers and staff, and its robust suite of conferences and workshops in the U.S. and around the world.

Other companies recognized in the top tier of the list include Jiffy Lube International,  Blue Cross Blue Shield, Vistage Worldwide, Tenaris, Best Buy, Nationwide Mutual Insurance, BNSF Railway, ABF Freight, Western Union, ADP, and Genentech. The only other real estate or relocation entities on the list were Keller Williams Realty, Century 21, and Cartus.

“We see ourselves as a learning organization,” comments LeadingRE CEO Pam O’Connor.  “Everything we do has some basis in continuous performance improvement, and this recognition reflects our commitment to raising the bar among our 500 real estate member brokerages and their 120,000 associates, as well as with our corporate team in our Chicago, London, Singapore and field offices around the world.” LeadingRE’s efforts in this area are led by Vice President of Talent Development Barbara Wichman, and the particular focus on the Top 125 competition was managed by Executive Director of Institute Content Cecelia Chott.

The Top 125 program focuses on companies that have demonstrated a strong focus on effective training and development tied to corporate strategic goals and business outcomes. This is the 16th year in which Training has ranked such companies. Each company was measured on both quantitative and qualitative data by an outside research and statistical data company, under the guidance of the magazine’s management team.

This latest recognition is among many achievements of LeadingRE, which will be celebrated at the network’s annual Conference Week at the Fontainebleau Miami Beach February 20-26.

Vero Beach Golf Communities – Old Oak Lane

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In Vero Beach, golf isn’t just a humble past time – it’s a way of life. Located in Indian River County, Florida, Vero Beach Golf Communities take center stage in this tropical climate. Warm weather means year-round play for golfers and with over 20 public and private golf courses to choose from, you’ll never run out of options.

Vero Beach Golf Communities

There are a number of Vero Beach Golf Communities to choose from when setting out for a morning of golf. Almost all courses are private ensuring that your golf experience is an enjoyable one. One of the most treasured Vero Beach Golf Communities is brand new to the scene: Old Oak Lane.

Old Oak Lane is located adjacent to the Old Riomar Golf Course along scenic Club Drive. Snuggled right into the corner of the Riomar Golf Course, every home is only steps away from sweeping fairways and undulating greens of Bermuda grass. Luxury Vero Beach Golf Community living has never been so accessible – or as personal. Every home built in Old Oak Lane will be fully customizable to the owner’s specific wants and needs.

Oceanside Living

Purchasing real estate along Vero Beach Golf Communities has become a feeding frenzy as of late – and for good reason. The Riomar Golf Course is located along the Atlantic Ocean with breathtaking views of the Atlantic Ocean. Purchasing pristine Florida real estate in the Old Riomar golf community is nearing extinction with Old Oak Lane being one of the last bits of land left for custom home development. If there ever was a time to get on board with Vero Beach Golf Communities, now is the time. Here’s what Vero News has to say about the boom.

One of Vero Beach’s oldest communities, Old Riomar has been the site of dynamic real estate activity since the beginning of the year.
“It is almost a feeding-frenzy in Old Riomar,” said Dale Sorensen Real Estate Agent Lori Davis. “Suddenly, everything is going under contract. It is a pretty pricey neighborhood where homes are now at a realistic price.”

To read the full story, click HERE.

Make 2016 A Family Focused Year

With a new year comes much promise and planning. Start this year off recapturing those treasured times and making as many plans as you can with your likely uber-busy family to create new memories and unforgettable experiences. Following are a few of our favorite family products to spoil your loved ones!
Beach Bat Set

Beach Bat Set

Handcrafted from reclaimed Brazilian wood, this five piece beach bat set includes everything you need to start playing the Brazilian water sport. Bring this set on your next vacation and infuse a fun and enticing game into your trip. Sure to create rounds of laughter and be a great start to a relaxing retreat. Ahalife.com

 

Bugatti Luxury Yacht
Bugatti Luxury Yacht

Nothing can compare to the thrill of cruising the open waters like in Bugatti’s new luxury yacht. Take the whole family out in the sporty Niniette. On deck, the oak wood provides a warm contrast with the lightweight high-tech materials. The interior can be tailored to meet your family’s individual needs. Bugatti.com

 

Nouveau designer Italian dining table
Nouveau Italian Dining Table

Food brings everyone together, so a new addition to your dining room is the perfect opportunity to make family dinner a priority. The Nouveau designer Italian dining table is handmade in American walnut with a unique tie between tradition and modernity, designed to brighten your home and keep you catching up with your loved ones. nellavetrina.com​ 

Zemi Beach House
Zemi Beach House

Take off to Anguilla in the Eastern Caribbean and indulge in much needed time away. Set on the secluded white sands of Anguilla’s storied Shoal Bay East, Zemi Beach House is a place of discovery with exquisite culinary experiences, spa sessions and even a kids club. Let the resort be a sanctuary that inspires you long after you return home. zemibeach.com

 

 Lotus Belle Tent
Lotus Belle Tent

Camp out beneath the stars with the whole family in a Lotus Belle Tent. Whether you are in your backyard or hiking in the woods this tent is perfect for hotter, dryer summers. Stargaze, go fishing and cookout all while kicking back in your 16 foot tent. lotusbelle.com

Crystal Fire Pit
Crystal Fire Pit

Long to savor a gourmet s’more over a crystal fire pit while telling scary stories with your family? Recchiuti Confections offers delectable vanilla bean marshmallows and bittersweet chocolate, melting perfectly over the sleek and modern design of your L shaped fire pit. luxedecor.com & recchiuti.com

 

Diamond Spas Hot Tub
Diamond Spas Hot Tub

Add a custom built hot tub to your backyard. Diamond Spas designs stainless steel or copper, fully recyclable hot tubs perfectly crafted to match your space requirements. Spend time with your loved ones while absorbing nature in the comfort of your own home. diamondspas.com

Embarking on new adventures is what life’s all about, but it’s never as much fun as when you do it with your loved ones. With this list, we hope you and your family can create long lasting memories for years to come!

For more Luxe Trends

Nick Churton of the DSRE London office comments on the international real estate market and offers some encouraging words for sellers in North America

Welcome to 2016 and a new era in international real estate. It promises to be an eventful- packed year.

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Nick Churton, Managing Director of Mayfair International Realty

Despite political union, Europe remains a stark continent of huge contrast – north and south, left and right, east and west. The relative wealth and power of the northern nations seem at odds with the hardship and austerity currently experienced by those in the south. It seems you can have a warm climate or a warm economy but not both. The impact of middle-eastern turmoil, the resulting migration of millions of people and terrorist atrocities in cities such as Paris are affecting real estate buying decisions across mainland Europe in a way not seen since the 2008 credit crisis. In the UK – which is readying itself for a referendum later this year to determine if it stays in or heads out of the European Union forever – has also imposed higher real estate taxation making investment less attractive to buyers from home and abroad and adding to the malaise. Nevertheless house prices in the UK have risen ten per cent over 2015, mainly due to low inventory.

 
With the economic slowdown particularly in China and South America, and the slump in worldwide oil prices the appetite for prime city-centre property has been blunted in many places globally for the time being at least.
There is plenty of worrying news to concern international real estate buyers. But in any financial cycle there is usually at least one world region which offers investors a safe and attractive place to live and to enjoy the benefits of a secure culture. Right now that is the US. With the economy there steadily improving and pockets of exciting opportunity across the nation, not to mention many areas of warmth in climate and welcome, the US offers real estate buyers the safe haven they crave. No market likes uncertainty and the upcoming general election in the US later this year provides plenty of scope for some of that. This will naturally intrigue overseas observers who no doubt will have concerns. But despite this North America still provides many exciting opportunities. From a lengthening list of key city investment locations headed by New York to the foremost leisure and vacation areas the US and Canada should once again be the country of real estate opportunity in 2016.