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In Real Estate Everything’s Negotiable - Reyes Law Group Plantation FL

In Real Estate … Everything’s Negotiable

Your Real Estate ‘Negotiator’ Must Be Experienced!

In the once again growing real estate market here in South Florida, many families are finally making the decision to sell homes they have been holding on to since the real estate crash, in hopes of the market bouncing back.  Whether it’s upsizing to adjust to a growing family or downsizing due to an “empty nest”, if you’re selling a property and remaining in South Florida, you’re probably also looking to make your next real estate purchase within a short window of time.

Figuring out the timing of selling your current residence, while purchasing a new property, is easier said than done. Selecting a closing agent is often an afterthought or a task left to the real estate agent’s discretion; however, the successful, timely outcome of most transactions, once the contract is executed, is a direct result of who is handling your closing. Moreover, selecting one closing agent, specifically a law firm, to facilitate both a sale and simultaneous purchase, can alleviate much of the inherent chaos, as well as help to navigate the myriad of legal issues that may arise throughout two entirely separate closings, dependent upon closing within a close proximity of time.

Depending on the county, there are customary contractual provisions for which party selects the title agent and pays for the title policy.  In Broward and Miami-Dade, the buyer typically chooses; in Palm Beach County it’s the seller.  One key thing to remember, which even experienced agents fail to take advantage of often times, is that although almost all residential real estate contracts are form-based, with standard provisions… a contract is a contract!  Each and every term in a contract—even a form contract—can be altered and changed, as long as both parties formally agree to the change in writing.

In today’s largely seller driven market, with relatively low inventory and high demand, now is the time to take advantage of your position of power as a seller. Whether it’s selecting a cash buyer over a financed offer at the same price, or dictating that you want to choose the title agent and still have the buyer pay for the title insurance policy, sellers are in a great position to be selective and make demands that would otherwise be “deal breakers” in a different market.

Having the right team in place, who knows how to leverage today’s real estate market to your advantage, can mean the difference between a smooth transition and one that will leave you regretting the day you decided to move.  Negotiating the right to have one title agent simultaneously close the sale of your old home and purchase of your new home will exponentially help your likelihood of timely closing both transactions.  At the Reyes Law Group, we help you every step of the way. Prior to negotiating your next purchase and sale, call the Reyes Law Group—we understand that at in almost any transaction, everything’s negotiable!

Phillip A. Ortiz is an Associate at Reyes Law Group focusing primarily on civil litigation, and real estate transactions and litigation, with emphasis on reviewing title and conducting closings in commercial and residential settings.  Carlos J. Reyes is the Principal of the Reyes Law Group.  He has been a member of the Florida Bar since 1988.  Carlos has been awarded a rating of “AV Preeminent” which is the highest possible rating in both legal ability and ethical standards by Martindale-Hubbell – a well-recognized legal resource.  The balance of the RLG Legal Team includes attorneys Melissa J. Ulloa, Stephan Lopez and the RLG Legal Support Team.  RLG Legal Team is a knowledgeable, dedicated, and dynamic team that focuses on handling your legal needs.

We also assist clients in the areas of: Civil LitigationReal Estate LitigationResidential Purchase & SalesCommercial Acquisitions & SalesResidential Landlord-Tenant LitigationCommercial Landlord-Tenant LitigationShort Sales NegotiationsLoan ModificationsCriminal DefenseCivil Rights ClaimsFamily LawCorporate Work, and Labor & Employment Law.

Call us for a FREE consultation at (954) 369-1993  Se Habla Español.

Visit our firm website ReyesLegal.com and review our credentials.

We are located at 150 South Pine Island Road #210, Plantation, FL 33324

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The Reyes Law Group BLOG is intended to provide information to firm clients, friends and potential clients about various legal related topics. Nothing in this BLOG should be construed as legal advice or a legal opinion. Readers should not act upon the information contained in this BLOG without seeking the advice of legal counsel. *Past results are no guarantee of future results.

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Written by Reyes Law Group