Understanding Florida Real Estate Contracts - The "As-Is" Contract

Real estate laws and practices differ from state to state. Florida Luxury Realty, Inc. being based in Florida has a solid understanding of our state created real estate contracts. In Florida your real estate professional creates a purchase and sales contract by filling out a legal and binding contract that is created by the Florida Bar Association in conjunction with the Florida Realtors organization who oversees all local real estate boards in the state.  The Florida real estate contracts are written to provide consistency among our real estate transactions while addressing all of the legally required disclosures and transaction laws pertaining to the transfer of property in the state of Florida.  Your real estate professional creates a contract package as the initial offer and once accepted by the seller of the property and signed by all parties, you have entered into a legal and binding contract for sale. 

Understanding the widely used "As-Is" contract is important for our customers and clients. The "As-Is" contract is most popular and is written to protect both seller and buyer.  Florida real estate agents use this contract on most residential sales in any price range. The term "As-Is" does not mean the property is damaged or a fixer-upper although we do use this contract for those types of investor purchases. The contract is written as-is meaning the seller is not required to negotiate with the buyer on new paint, new flooring and other cosmetic changes. The home does need to meet guidelines for financing and the buyer does have the right to a home inspection and to request the seller to make non cosmetic repairs to the property. 

Key Items to Know about the As-Is Contract

• Any material defect affecting the value of the property Must be disclosed by the seller.
• Buyers have the right to professional inspections of the home But, the buyer may cancel the contract and receive their escrow deposit back "at the buyers discretion" which means the buyer does not have to have a licensed home inspector perform the inspection. If knowledgeable enough the buyer can perform their own inspection or rely on the opinion of a friend or family member. 
• Time is of the essence. All dates and time frames in the contract are counted as calendar days.  If a deadline (other than offer and acceptance or closing date) fall on a weekend or holiday the deadline will automatically forward to 5:00pm the following business day.
• Cancellation of the contract by the buyer must be in writing to the seller. Buyer may email their agent their intention to cancel and sign a release and cancellation form to be given to the seller.
• When Canceling the contract outside of the inspection period deadline the seller has legal claim to the buyers escrow deposit and will be given such payment. 
• All disclosures should be read and signed before signing any real estate contract

We urge all parties to a real estate contract to read the contract fully before signing. Your real estate agent can answer questions you have about the contract and you are entitled to have your attorney review the contract before you sign.  The specific items addressed in this article are not to be considered as a full interpretation of the contract and you are advised that the Florida real estate contract is lengthy and contains more articles than are mentioned here.  You can contact any of our Florida Luxury Realty, Inc Agents Here to discuss real estate contracts or other real estate inquiries. 

Agent Tools for Agent Success by Florida Luxury Realty, Inc.

Florida Luxury Realty knows that in order to best serve our customers and our associates, we cannot ignore current trends in real estate technology. Our goal is to provide the best technology combined with ease of use so our associates can fully implement the tools we provide to not only grow their business but give their real estate clients the service they deserve and expect. We have developed a truly unique system that we are quite proud of.  Our associates have access to this amazing product at no charge and the best part is we control the system in house and can modify or change it to meet the needs of our clients and associates. 

Let's take a closer look at the Florida Luxury Realty client and associate technology.

Providing the highest level of marketing for our clients is important to us. That is why every Florida Luxury Realty associate has the ability to market their clients homes with full color marketing pieces like flyers, social media advertising, classified ad advertising and photo editing software that we provide to insure our clients homes are shown in the best light. All right from their computer, tablet or smart phone while on the go. Our agent's Real Estate Apps are another way we provide our clients with better marketing. All of our clients homes are featured on the App and any home buyer can download our App for free to search homes. The best part, when a buyer clicks to contact an agent they are connected to your agent. Not some random sales associate who doesn't know about your home.

Staying in contact is important and Florida Luxury Realty provides it's associates with a full web based client management system which integrates into their calendar to stay on task. The FLR CRM also allows our associates to activate pre-written email drip campaigns to follow up with leads and past clients with ease and never miss an opportunity to promote new clients listings or assist past clients in the future. 

When it comes to paperwork Florida Luxury Realty has you covered. Our unique system allows agents to create client packages for sellers and buyers with just a few mouse clicks. The system creates the document package for each specific file so our associates never miss an important disclosure or document that is vital to our clients real estate transaction.  The system also accepts online document filing directly to the broker so our agents can store their files electronically and retrieve or add documents from any mobile device.  Our customers have the ability to request copies of documents from their real estate transaction and we can provide them easily. Even after the transaction closes.

Florida Luxury Realty provides Agent Tools for Agent Success and promotes the highest level of customer service possible.  Contact us to see why you should be part of the Florida Luxury Realty family of real estate associates and clients. 

www.JoinFLR.com

Florida Luxury Realty Agent Mixer in New Port Richey Florida

Photo Courtesy of Valerie Wilson 

One of the many benefits to being a Florida Luxury Realty agent is the sense of family and close relationships we all share as a company. Real estate is a business of relationships and a business of caring and a real estate company should recognize this and promote relationship building among it's associates.  Having the opportunity to come together as not only colleagues but as friends is always a great thing to have in a company. 

Florida Luxury Realty not only provides impeccable support and guidance for our associates to be best trained Realtors(R) in our area but we also enjoy getting together to mingle and catch up with each other on a more personal level.  Recently our own Charisse Mathews organized a company mixer in New Port Richey Florida at one of our local spots. The Whisky River Sports Bar and Restaurant located along the Pithlachascotee River in New Port Richey Florida.  Florida Luxury Realty's associates serve Pinellas, Western Pasco and Hernando counties along Florida's Gulf Coast. Our team of real estate professionals is here to assist you in selling or buying a home.  We always looking to meet new real estate professionals to join our over 200 active agents in the area. Contact us to learn more about our real estate brokerage. 

Photos Courtesy of Valerie Wilson of Florida Luxury Realty
Jennifer France and Valerie Wilson

Our company mixer was sponsored by a few local businesses that we would like to acknowledge.  Thank you for supporting Florida Luxury Realty and our associates.  Please click on the following links to learn more about these exceptional, local businesses. 

Knight Pest Control

Crown Title Agency

Express Mortgage Lenders

BoomShot Studios
Barrett Harding Insurance

To Learn More About joining The Florida Luxury Realty Family

Visit: http://JoinFLR.com

Real Estate App by Florida Luxury Realty

Florida Luxury Realty's Real Estate App

Search Homes - Share Homes - Stay Connected to Your Agent

It's Simple to Download!

Contact one of our real estate professionals by clicking here and click the "Download My App" tab on their website.  Now you are ready to teach homes in any specific location, share homes for sale to your friends and family and even apply for a mortgage right from your Florida Luxury Realty agents app.

Our Real Estate App is just one more way Florida Luxury Realty agents provide you with the highest level of customer service.  When you list your home with us, your home for sale is in the pocket of thousands of home buyers who use their smartphone or table to search homes.  

wwwJoinFLR.com

Florida Luxury Realty in Palm Harbor Florida

Florida Luxury Realty is Proud to Announce The Opening of Our Palm Harbor Location

Dedication to luxury customer service is the cornerstone of our real estate company. With offices in Spring Hill, Port Richey, Trinity, Wesley Chappel and Clearwater already the choice to open an office in Palm Harbor was simple.  We are here to offer exemplary real estate service to the Palm Harbor community and offer 2 Pinellas county locations to better serve our clients.

Photo courtesy of Todd Pillars  www.ToddPillars.com

Our managing broker Todd Pillars is an accomplished and dedicated real estate professional whose goal is to provide our clients and agents with the highest level of service. Todd's commitment to his own education shows he has the knowledge and skill needed to manage our Palm Harbor office and educate, mentor and advise our sales associates and broker associates at the Florida Luxury Realty office in Palm Harbor.

When it comes time for you to consult with a real estate professional in Palm Harbor or northern Pinellas county, contact Florida Luxury Realty. Our managing broker and tam of real estate professionals will be happy to assist you in reaching your goals.

Photo courtesy of Todd Pillars  www.ToddPillars.com

When it comes time for you to further your real estate career, contact Todd Pillars to discuss how Florida Luxury Realty can assist you in reaching your business goals. Our focus is on education and using the most current real estate technology to assist our clients. 

36272 US Hwy 19

Palm Harbor, FL. 34684

727-755-3920

todd@floridaluxury.com

www.FloridaLuxury.com

www.JoinFLR.com

Your Business Depends on Your Databse

Your real estate business is built on relationships. People do business with other people that they know, like and trust. Receiving referrals from your past clients is a necessity to your business growth and reputation in your community. Ask any seasoned real estate professional what they consider to be the most valuable thing to them and they will reply it's their database. Your database system will keep you in contact with past clients as well as follow up's on new leads and scheduled tasks for lead generation of new business and closing anniversaries and your clients birthdays.  Online database systems allow you the freedom and mobility while keeping you in contact with your valued customers anywhere. Comprehensive database systems allow you to track your transactions and manage your files while you are on the go with digital file storage you never need more than a smart phone or tablet to follow up and generate new business.

Florida Luxury Realty, Inc. knows the value of your Client Relationship Management system and being a company built by top producing agents themselves, Florida Luxury Realty provides a comprehensive CRM to it's sales associates and Broker associates at no cost. Your FLR CRM has integrated email drip campaigns to stay top of mind with prospects and with automated contact with past customers you never lose a future referral. When creating the Florida Luxury contact management system we took into account the needs of our sales associates and their desire to have a fully mobile business. That is why our database system will format to any mobile device you use to provide a user friendly interface when you are out in the field. You need a CRM that was created by real estate professionals for real estate professionals.

Having a mobile database that incorporates

your real estate files is paramount for many real estate professionals. This is why your database needs to have a transaction management system included. You will not need to carry around your files in a tote bag or briefcase. Your Florida Luxury database does just that. With one simple log in you can retrieve clients contact information and stay updated on your transactions and even view uploaded files all while sitting at your local Starbucks or Panera Bread. Scheduling tasks is important to staying on track and never missing a meeting or appointment. This is why your FLR database incorporates a scheduling feature that will add appointments and tasks to your google calendar right from your database. We know that having a task scheduled in your database calendar is only useful if you open the database so we wanted our associates to have their appointments fed directly into their google calendar. Mac and iPhone users can also benefit from this feature by simply downloading the google calendar to your device. We have a full time technology specialist on staff who can assist you in doing this. Technology is designed to make your life easier and Florida Luxury Realty not only provides you with the technology you need, but we have the knowledge needed to assist you in implementing technology into your business. 

The FLR database also creates beautiful marketing pieces for you and your listings in the form of flyers, open house, showing sign in sheets and much more. We have done the research and experimented with many online database systems and one thing to consider when shopping online CRM's is to purchase the system that gives you what you need and not a bunch of features you won't use. 

To learn more about Client Relationship Management and how the Florida Luxury Realty CRM can improve your business, email us at education@floridaluxury.com and let us know how we can help. 

Visit: JoinFLR.com

Florida Luxury Realty Believes in Education

The real estate industry is an ever changing business that requires top producing agents to stay informed about industry changes in not only the laws that govern the real estate business but technology tools available to agents to use which will assist you in improving your productivity and sharpen your competitive edge in the real estate business.  Florida Luxury Realty, Inc. believes in providing continuous education for our sales associates and broker associates.  Florida Luxury Realty's education department is dedicated to our companies mission of providing classes and training for our associates on a constant basis. We provide live instruction classes two to three times a week at our five office locations throughout Pasco, Pinellas and Hernando counties. 

One of Florida Luxury Realty's exclusive class offerings is the Intensity Challenge. This course is designed to take new sales associates businesses to a higher level of production. Over 6 weeks we meet two times a week. The sessions begin at 8:30am where we have a 1 hour mastermind session to review the previous class material, update each other on new business, roll play scripts and even put those call scripts into action with our sphere of influence. Our most productive associates have completed this training and say that the class truly transformed their business and how they work form day to day.  The Intensity Challenge covers basic lead generation techniques of phone calls, door knocking and direct mail advertising to open house techniques, contract writing, assisting For Sale by Owners, database maintenance and much more.  We know that having a good business foundation is the best way to start your real estate career.  The Intensity Challenge is also available to any licensee who wants to participate in specific classes so after our 1 hour mastermind each day the 9:30am class is open to anyone who wishes to attend. The classes starting at 9:30am cover everything from Florida real estate contracts to business finances and planning. 

Whether you are a licensee or you are thinking about starting a career in real estate, Florida Luxury Realty's education classes are available to you. We welcome anyone to attend our classes at no coast.  You can request to be placed on our email list and be notified of upcoming classes. Simply email education@floridaluxury.com and let us know.