Our introduction to Patrick occurred through Instagram, where he reached out after viewing a video I have produced regarding Airbnb. He expressed his intent to sell his property located in Coral Ridge, mentioning that he was also contemplating listing the home on Airbnb should the sale not meet his expectations.
In 2021, Patrick acquired the residence for $1.221 million. Undertaking significant renovations, he replaced
the existing carpeting with vinyl flooring atop the original tile, modernized the swimming pool, and
constructed a high-quality paver pool deck. Additionally, he enhanced the backyard by installing a gazebo,
transforming it into a serene oasis. The kitchen underwent a refresh with a new epoxy coating on the
countertops, significantly enhancing its appearance.
The property was actively marketed through a comprehensive plan that included listing the home, creating and promoting a lifestyle video on YouTube and various social media platforms, conducting 4 open houses, engaging in direct outreach by knocking on over 200 doors and making in excess of 500 calls. We also leveraged our database to share the listing with over 3,000 potential buyers, leading to 13 property showings and the receipt of multiple offers.
Our marketing efforts culminated in the receipt of four competitive offers for the property.
A unique negotiation strategy was employed with a prospective buyer who had a property nearby that needed to be renovated and sold. We negotiated a lease with an option to purchase, enabling the buyer to move in immediately. This arrangement allowed the buyer to sell their existing property at a premium while concurrently generating rental income for the seller. After five months, the buyer exercised the purchase option.
The transaction concluded successfully, with the seller benefiting from 7 months of rental income at $10,500 per month, totaling $73,500. The sale of the property was finalized at $1.425 million, resulting in a profitable outcome for the seller.
As a Compass Luxury Consultant specializing in Lakewood Ranch, Longboat Key, and Sarasota real estate markets, Sandra is committed to serving her clients with excellence. She stands out as a leader and innovator in the industry, providing tailored real estate solutions that align with her client's unique needs. Sandra’s mission is centered around enhancing the property buying or selling experience in these key locations, while her vision and values reflect her commitment to sustainable and community-focused practices. With a client-centric culture that sets her apart, Sandra is redefining luxury real estate in Lakewood Ranch, Longboat Key, and Sarasota. If you're seeking property guidance rooted in expertise and innovation, Sandra is your ideal real estate partner.