Thursday, May 17, 2018

What should you know about buying a house?

Buying a house is one of the biggest commitments anyone can make in their lifetime. Knowing which decisions to make –and understand the timing when to make them–, how to calculate taxes and more. Doral Riches can offer you the right solution. Just follow this advice.

1.    Find a trusted realtor: Not everyone wants to find a reliable realtor, but don’t close the door to that option. A smart realtor can help you protect your investment while he can help you find the best options based on what you’re looking for.

2.    Educate yourself: Remember that everybody will have an opinion, but at the end of the day, you make the final choice. That’s why you should read and ask experts about important topics: mortgages, taxes, market trends, contracts, and more.

3.    Know your neighbors: Know where you’re moving, what is close to, and even what type of people lives there. If you’re looking to expand your home, it might be important to take into consideration if more children live in the neighborhood, for example.

4.    Accept that renovations will take time: Now that you have a home, the excitement to decorate is huge. But decorations will take time. Take into consideration what needs to be done right away: bathrooms, kitchen, have basic furniture. Those marble pieces can wait for a while!

5.    Hidden costs: This is a topic that should be taken into thought. Buying a house is not limited to the cost of the house itself. It’s important to add maintenance cost, insurance, homeowner association fees, and more.

6.    Think about your future: Is the house you want now the house you’ll want in the next 5 years? Are you planning to get married? Have kids? The life you’re having now might not be the same one you’ll have in 2 years. If you’re still uncertain, then you should keep looking before committing.

7.    Consider renting as a test drive: If you still have any questions, then you could try renting in or near your desired area to test the waters before investing.

At the end of the day, we know that can be overwhelming to read and research about buying a home, but that time, investigation and most importantly money will be rewarded into precious memories. In Doral Riches, we have a team of professionals ready to guide you through the process of choosing and investing in a property. Contact us today!

Tuesday, April 3, 2018

The most common mistakes before investing in real estate

Real Estate is a field where preparation and research are required to make a successful deal. Doral Riches is a team of professionals, and during all our experience, we’ve taken some advice and tips regarding the Real Estate and Property business. Can you identify the most common mistakes?

1.    Start without a business plan: When you have a project in mind, sometimes the excitement takes over and you can make any type of mistakes. If you don’t present a short-term or long-term plan, you can appear unprofessional. It’s important to have your objectives clear, know your market and your audience, the investment needed to start your project, and the solutions to possible problems in the future.

2.    Not knowing your strengths and weaknesses: Analyze this internally: what skills should be improved or which ones should you use more? It’s important to work with the resources you have.

3.    Everyone has something new to bring to the table: If you think that everything is done and you have nothing new to propose, then you’re wrong. Even though it seems there’s a formula, trust your potential and your talents.

4.    Lower your prices: Some clients think that a business is completely negotiable if you lower your prices. While for some it’s the only solution, it’s smarter to find a differential in your business and offer the type of negotiation that doesn’t have a comparison.

5.    Procrastinate: Change your focus all the time, not doing everything on time. While it’s easy to move dates around when there’s so much going on, it’s important to set dates and times when an activity will start and end, since this leaves a good impression in customers.

Although doing business in Real Estate can be intimidating at first, by finding your own style and knowing your strengths you’ll have a great advantage. Doral Riches is here to help you during the process; all you have to do is contact us.

Thursday, March 15, 2018

Spring Break in Miami – What to do?

Spring Break is just around the corner. Those days where you can let go of a busy routine and just enjoy some time off with your family and friends. The amount of activities can be overwhelming, and some of them require to have booked months ahead. If you still don’t know what you want to do, we’ll offer you some options so you can enjoy the best Spring Break of your life in Miami!

If you’re a nature lover, the first activity you can enjoy is visiting some of our best beaches. Here, you can enjoy a lovely sunbath, a time of relaxation, or you can even socialize with the rest.

Now, if you prefer the quietness and privacy pools can offer, there are places like The Miami Beach EDITION, an exclusive pool designed by Ian Schrager. Following the trend of 1950s Art Deco, you can enjoy not one, but two private pools and a bar. You can also book a few days in The Confidante, heated and private pools with a “remote island” treatment.

After a long day lounging in a pool, you can enjoy the best nightlife Miami has to offer: pool parties like the Full Moon Swim at Broken Shaker, celebrated every year on a Full Moon, or the Meet Me Upstairs, hosted in the beautifully designed SLS Brickell. But what’s Miami Beach without some of the most extravagant clubs? Basement, Story, Ora, Trade, Score are some of the options if you’re ready to party.

On the other hand, Miami has options if you’re coming with your family. You can visit museums, like the Frost Museum of Science and the Miami Children’s Museum, or take tours around the city; you can see animals up close in the Zoological Wildlife Foundation, or create some artsy memories at the Wynwood Walls.

Enjoy Miami the way you prefer, but when you start to plan out, choose Doral Riches to rent a place for you, or start to invest in a second home, so you can enjoy an eternal Spring Break in sunny Miami. Contact us!

Thursday, March 1, 2018

How to run a successful open house?

At Doral Riches, we encourage all of our clients to find new ways to promote their homes for potential buyers, and one of the best ways to do it is by hosting an open house. Many other real estate companies advise against it, but what they are actually trying to do is making themselves indispensable. At Doral Riches, we are well aware that the more help you can get, the better, and at the end of the day, we are only trying to help you sell your home; that’s why we decided to write this article and give you some pointers about how to host your own open house.

Marketing and showing your own house takes time and research, but if you already decided that you want to do it, these useful tips might help you. Open houses are usually held on non-holiday Sundays, but this doesn’t mean you can’t hold yours another day. Saturdays might work too, but Sundays usually work a little better because people tend to be less busy.

One great way to start would be by going to other open houses in your neighborhood and see what your competition is doing. Hearing real estate agents talk about the features of the home they are promoting and checking how the audience reacts to the sale pitch is a great way to learn what to say and what not to say when you hold your own open house. Another great tip is to check when other open houses are held nearby, so you can host yours the same day, that way you could get more traffic from potential buyers interested in your neighborhood.

Get your home ready! Every inch of your place should be spotless and clean, especially the kitchen and the bathroom. Make sure that some natural light gets in, everything will look much better with daylight. If anything is broken, you should definitely fix or replace it before getting anyone into your home. Also, try to reorganize your furniture to make your home seem more spacious.

Once you’ve managed to get potential buyers into your home, there are some things you should definitely do, like handing out brochures with all the details of your home. What you should include: address (of course!), asking price, square footage, photos of the interior and exterior, description of the property, number of bathrooms and bedrooms, any upgrades you’ve made, amenities in the building or neighborhood, school information, and your contact information (including the URL address to the site where your home is published). You should also prepare a sheet where your guests can write their names, phone numbers, email addresses and other means of contact.

Be a good host and offer simple snacks, like cookies, water and maybe juice of any kind. Remember not to be over your guests’ shoulders the entire time, give them space to look around and explore your home. And at Doral Riches, we will always recommend that you let one of our professional realtors help you plan and host the entire event. 

Tuesday, January 2, 2018

Working with Doral Riches

The Real Estate business is a solid one. Investing in land, properties, and becoming a landlord is all very exciting, and it’s without a doubt one of the safest, most stable ways to create wealth. It takes a lot of character, patience and resolve, but with the right guidance, it can even become a very enjoyable experience. Work with Doral Riches and start setting in motion all your plans to achieve all your goals in life.

Whether you are a newbie or an experienced investor, having the proper guidance and working with the right people is essential, because the real estate business is always changing and it can be overwhelming sometimes. 

Especially in places like Doral and Miami, where prices vary almost every month due to the high demand and the constant news about new developments, new malls, and new general investment opportunities that will affect everything around them, investing correctly can be quite difficult.

Is 2018 a good year to buy a home?

Absolutely! Experts from all around the world will say that the best year to invest in Real Estate was five years ago, meaning that every day is a good moment to start, because the sooner you enter, the sooner you’ll start to see your profits or reach the financial stability to pursue new, more challenging and promising endeavors.
Why Do I Need A Professional Realtor or Real Estate Company?
Working with professionals is essential for a number of reasons. At Doral Riches, we offer not only exclusive numbers and real projections about the market, we also provide unique knowledge gathered through the years by everyone in our ranks. 

We know the market in Doral, we know every neighborhood, and we know the people; we have the right tools to make a perfect match between your ideal home and you. Being a real estate company doesn’t just mean listing properties and setting prices, our work goes far beyond that. At Doral Riches, we know how to translate your desires into actions towards your goals, and this applies to both sellers and buyers. 

If you are buying your first home, you probably don’t know how unnecessarily difficult all the legal issues and paperwork are. In our services, we include handling all of this so you don’t have to waste too much time dealing with it. We are committed to all our distinguished clientele, and even after our work is done, we will continue helping you, even if it’s just for some simple advice on what to do next. 

We create real relations with our clients and construction companies, and we work as matchmakers between people and great opportunities. Contact us anytime so we can start working together here in Doral.
Copyright 2012 Doral Riches. All rights reserved. 8180 NW 36 Street Suite 321. Doral, FL. 33166. Tel (305) 799-7437. Fax (786) 888-1487