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April 25, 2023

Are Open Houses Valuable When It Comes to Selling Your Home?

There was a time when hosting an open house was just a forgone conclusion. If you were going to sell a home, you had to have open houses and that was just that. However, times have changed and so have buyers’ expectations. Can’t Buyers See It All Online? This is probably the most common question we get when we’re discussing the option of hosting open houses. The answer is technically, yes. We can provide plenty of photos and even very comprehensive virtual tours online. So, if buyer’s have already found your home and want to schedule a viewing, they are not likely to be the ones you will attract with an open house. On the other hand, buyers who are […]
April 18, 2023

Is Miami Immune to the U.S. Market Correction?

The last couple of years have been a wild ride, there’s no denying that. Miami has been one of the U.S. cities that has not followed the nationwide trends as closely as the majority of the country. But are we immune from a negative trend across the States? What Makes Miami Different? One of the simplest things setting Miami apart from most of the U.S. is the size. We are the 7th largest metro area in the country. Secondly, Miami has a higher-than-average concentration of luxury homes. On top of that we are a coastal city which entices buyers from not only all over the U.S., but internationally as well. Miami is a destination city within a state that has […]
April 11, 2023

Our New Favorite Restaurants in Miami

Miami has its share of classic restaurants – and it runs the gamut from Joe’s to Shorty’s. But, over the years, we’ve discovered that simply by being Realtors we come across new restaurants regularly and have become a source for some of our longtime clients. With that in mind, we thought we’d share a few of the new spots you should consider trying on your next night on the town. The Gibson Room – This swanky spot is the perfect combination of unique and familiar. Yes, there’s a marlin on the wall and a line of barstools, but there’s also likely to be a jazz combo playing live and the menu is full of unexpected, and delicious, selections. They also […]
April 4, 2023

The Best Easter Egg Hunts Around Miami

It feels like 2023 just started, but somehow Easter is already here! We’ve compiled a list of some of the best Easter egg hunts we know of all around Miami. All these public events welcome everyone no matter how you celebrate. . Miami Kids Magazine always puts on great seasonal events for families, and Easter is no exception. Their event will be on April 1st – the weekend before Easter – at Shops at Sunset Place in South Miami. The Easter Bunny himself will be on hand for photos. They will have music, games, arts & crafts, and entertainment from 11am-2pm. If you want your kiddos to have a chance to participate in an egg hunt you’ll want to take […]
March 21, 2023

Interest Rates are Affecting Miami’s Market – What You Need to Know

Higher interest rates are affecting real estate markets nationwide, and Miami can’t escape the impact fully.. That said, we are still enjoying one of the strongest markets in the country despite some cool-down. So, let’s talk about what you need to know no matter which side of the Miami market you’re on: buyer or seller. Where are We Now? The current average interest rate for mortgages is sitting just below 6.5%, but many of our lenders can do better than that. Feel free to ask us for a recommendation. This is the highest we’ve seen rates since the end of the year in 2007, so it feels high. However, it’s worth recalling that in the fall of 2000 it was right […]
March 14, 2023

Managing Selling a Home in a Rising Rate Market

The simple fact is that we are unlikely to see mortgage interest rates head anywhere near where they were pre-2022 anytime soon. So, what does this mean for sellers? Here – in the Miami market at-large – it doesn’t mean that we expect to see any shortage of buyers. No, the demand is still there, but what we will see change is a shift in competition.  The golden hour of buyers competing with each other has mostly expired. Instead, it will be sellers competing to offer buyers the most bang for their buck to make those higher interest rates worth it.  Price Competitively Let’s start with pricing – how do you know what price is attractive enough to buyers without […]
March 7, 2023

What are The Benefits of Working with a Realtor Team?

Whether you are in the market to buy or sell a home, one of the most important choices you will need to make is which professionals you enlist to work with you through the process. At The Drew Kern Team, we are admittedly biased. We have spent many years honing our processes as real estate professionals while finding the best ways to combine those within our team to make us stronger as a group.  The short answer to the question: ‘What are the benefits of working with a Realtor with a team’ rather than one realtor is quite simple. While there are only 24 hours in a day for an individual realtor, for a team of 4 realtors there are 96 hours. Efficiency […]
February 21, 2023

How to Choose the Right Realtor for You

Whether you are in the real estate market as a buyer or seller, choosing the right realtor for you is the most important early step in the process. But how do you know who to choose?  Experience is Key Whether you’re buying or selling, your realtor should be experienced in your area. Building up a reputation and a basis of knowledge in specific areas give realtors a big advantage over agents who are less familiar with individual neighborhoods. Miami is a large, unique city with many different areas that appeal to different people for different reasons. A realtor who works mostly in Aventura might not know the nuances of smaller areas within Pinecrest.  Moreover, real estate is moving fast! Buyers […]
February 21, 2023

Why Photography Is Important When Listing Your Home

Curb appeal has always been essential when it comes to real estate. And the fact is that we know live in an online world. In other words, the first impression nearly 100% of potential buyers will have of your home is the images in your online listing. With just a few quick clicks they will browse the photos and decide if your property is enough of a contender to view in person. Don’t miss out on the opportunity to wow them! Quality Over Quantity When posting pictures anywhere on the internet, having ten great pictures is always better than twenty mediocre ones. We see so many listings in which all the interior photos do is confirm that the home has […]