Category Archives: Sellers

4 Selling Strategies That Will Get You Top Dollar for Your Home

access_timeMay 28, 2020personScott Patterson

Despite the uncertainty of the last few months, now is actually a fantastic time to sell your home in South Florida. In fact, pent up buyer demand, low inventory, and relatively stable prices have given sellers an even greater advantage than ever before. However, that doesn’t mean you can just put a “For Sale” sign up in front of your house and lure in potential buyers!

Here Are Some of My Best Home Selling Strategies

Selling your home requires proven tactics, tons of research, and a defined plan of action. If you’re eager to move quickly and get top dollar for your property, my strategies can help you get started on the right foot. Here are a few exclusive tips to keep in mind throughout the selling process.

Work with the Right Agent

Real estate agent helping with selling strategies

Your agent can make or break your entire home sale, so it’s crucial to interview a few candidates before settling on “the one.” The right real estate agent should have plenty of experience in your area, a solid marketing strategy, and a proven track record of success.

Of course, it’s also important to connect with your agent on a more personal level, too. Make sure you get along and that they have a clear understanding of your selling goals. Remember—an agent is supposed to have your best interests in mind!

Price Correctly

Even the most gorgeous homes can sit on the market if they aren’t priced correctly. And unless you have quite a bit of selling experience under your belt, it can be hard to know just how much your property is worth. That’s why it’s best to turn to the experts when it comes to pricing!

Talk to your agent to determine the best price for your home before it hits the market. They can help you attract plenty of buyers while also protecting your hard earned equity. Many agents also offer a free comparative market analysis, which can help you discover how much your home is really worth if you’re still on the fence about selling.

Stage for Success

When buyers tour your listing, they’ll want to envision themselves living in your space. Unfortunately, your clutter and personalized decor is probably not part of their vision. That’s why staging your home is so important—but it doesn’t have to be time-consuming or expensive.

First, start by deep cleaning your space and getting rid of any excess clutter. From there, you can add a fresh coat of neutral colored paint to your walls, pare down your accessories, and get rid of any large furniture. Drawing back the curtains and lighting a scented candle can also add a magical touch right before a showing.

Always Be Flexible

It might be a seller’s market, but that doesn’t mean you shouldn’t be flexible with buyers. Try your best to accommodate showings, and never stay in a home when buyers are present. The last thing you want to do is make them feel uncomfortable and jeopardize your sale!

If you’re having trouble making time for showings, try to clear your schedule as much as possible. It’s also a good idea to plan your errands or work schedule around home tours, so you’ll have a reason to be out of the house. It might seem inconvenient, but these sacrifices will be worth it once you finally sell your property.

Looking for More Selling Strategies?

If you’re interested in learning more about my top home selling strategies, I’d love to offer my expertise! I’m Scott Patterson, and I have decades of experience helping clients sell their homes in South Florida. Just give me a call to get started, and don’t forget to check out my seller resources to learn more.

What Will Go Back to Normal After COVID-19…and What’s Here to Stay

access_timeApril 24, 2020personScott Patterson

The last month has been chaotic, especially in the world of real estate. Many agents adapted quickly to help their clients during COVID-19, and some of these changes might be here to stay.

How Real Estate Will Change After COVID-19

Let’s face it—we’re all ready for things to go back to normal. But many people are asking themselves what “normal” might look like in the next few months. If you’re still thinking about buying or selling your home this year, here are a few trends that might linger for a while…and some changes that probably won’t stick around.

Virtual Tours Are Here to Stay

Virtual tours have been around for a while, but they’ve transformed into an essential tool for buyers who are looking for their perfect place. And while they can’t replace in-person showings and open houses, they’ll definitely remain popular after the COVID-19 crisis ends.

Now more than ever, many agents are offering virtual tours of their listings to reach quarantined buyers. However, they’re also helpful to those who are moving from out-of-state and cannot physically attend a showing. We can expect to keep seeing plenty of virtual tours in the coming months, especially in relocation markets like South Florida.

In-Person Showings Will Make a Comeback

Although virtual tours will remain popular for years to come, some buyers aren’t willing to commit to a home without seeing it themselves. Most Florida agents are sticking to online showings for the foreseeable future, but we’ll probably experience a sharp uptick of in-person tours once social distancing measures are relaxed.

Physical showings might resume before the end of this year—however, buyers, sellers, and agents will have to remain vigilant. You may still have to limit contact with surfaces or sanitize thoroughly before, during, and after the tour. While these changes might seem inconvenient, they’ll help keep everyone safe in the long run.

Remote Closings Will Gain Popularity

Nobody loves filling out paperwork, and there are just certain parts of the closing process that are inconvenient. In order to comply with CDC guidelines, buyers and sellers can now close on their homes remotely through e-signatures and mobile notarization. Some agents are even willing to hand-deliver your paperwork or video chat throughout the process!

Believe it or not, remote closings may soon become the norm for everyone. Having the ability to sign documents online can be extremely beneficial to remote buyers and sellers, too.

Expect an Influx of Eager Buyers and Sellers

COVID-19 has changed all aspects of life here in South Florida—and it’s forced some buyers and sellers to press pause on their real estate dreams. While it’s impossible to predict the impact that this situation will have on the market, plenty of people are still eager to make a move later this year.

We will probably see a steady influx of buyers and sellers entering the market during the late summer. Although spring wasn’t quite the hot real estate season we were expecting, it’s still possible to make a deal this year!

Looking for More Info on COVID-19 and Real Estate?

If you’re curious about how the COVID-19 crisis will affect the South Florida market, we’re here to help. Check out our virtual buying and selling programs for more details, and give us a call with any questions. The Scott Patterson Group is always here during your time of need!

What You Should Know About Appealing to Buyers with Pets

access_timeFebruary 27, 2020personScott Patterson

Did you know that 67% of Americans own some kind of pet? Dogs and cats unsurprisingly reign supreme, and when it comes to selling your home, it’s important to keep them in mind. Appealing to buyers with pets is easier than you might think, even if you don’t have a furry friend of your own. Here are a few pointers to get you started!

Show Off Pet-Friendly Features

Puppy with toy appealing to buyers with pets

Many agents will say that you have to hide every trace of your pet when you’re selling your home. Thankfully, this isn’t always the case. While you don’t want to leave food bowls and litter boxes on display for buyers, you can still tastefully show off your home’s pet-friendly features.

Many buyers are willing to pay a premium for dedicated pet space, so now is the time to get creative. If you have a little nook under your staircase or an empty spot in your built-in shelving, you can DIY a lounge space for Fluffy and Fido. Consider adding a small bed, a new toy, or clean food bowls to create the perfect ambiance!

Highlight Special Amenities

Many new communities in South Florida are crafting a one-of-a-kind living experience for homeowners and pets alike. It’s not uncommon to find a neighborhood with its own dog park, pet grooming station, and even on-site pet daycare! Condo and apartment complexes are also winning over buyers with more lenient pet policies.

If you have any of these benefits, be sure to tell your agent about them. They can help you market your home as a pet-friendly space, which will help you appeal to a wider variety of buyers.

Showcase Your Outdoor Space

Many buyers are on the hunt for a property with plenty of outdoor space…but it’s not for the reason you might think. Pet owners are even willing to relocate for their furry friends, and a huge yard is often at the top of their “must have” list.

If you do have tons of outdoor space, don’t forget to showcase it in your listing. A few flattering photos can help, too—just be sure to clean up any brown spots on your lawn beforehand. Don’t have a yard of your own? Highlight any nearby dog parks or green space instead.

Work with the Right Agent

Believe it or not, there are agents that specialize in buying and selling pet-friendly homes. These agents often work with vets, groomers, and other pet pros to foster communities dedicated to our furry friends. Even if your real estate pro doesn’t market themselves as a pet-friendly agent, they probably still have a few tips that can help you out.

When you discuss your selling goals with your agent, be sure to mention any special features that might win over animal lovers. If you live in a condo complex with some of the amenities mentioned above, you should probably include those perks in your listing.

Do You Need Help Appealing to Buyers with Pets?

When you’re listing your South Florida home, only work with the best of the best. I’m Scott Patterson, and I’d love to help you market your home to all different kinds of buyers. Just drop me a line to see what I can do for you, and be sure to check out my seller resources, too.

4 Bigger Budget Projects That Increase Your Home’s Value

access_timeJanuary 21, 2020personScott Patterson

Tackling a big renovation can be hard, especially if you don’t know what to expect. However, larger makeovers can definitely be worth the time and money, especially if you want to increase your resale value. Not sure which improvements are worth it? Before you pick up that hammer, check out our list of bigger budget projects to see which ones will pay for themselves!

Updating Your Kitchen

Let’s face it—kitchens sell homes. If your space feels stuck in the early aughts, now is the time to give it a complete facelift. In fact, sellers can expect to see almost a 93% return on investment after tackling a total kitchen remodel. However, the key to making the most off of your improvement is considering the cost of materials versus actual value you’re getting back.

Most buyers are looking for pretty standard upgrades, such as granite countertops, plenty of light, and newer appliances. Unless you plan on staying in your home for a long time, big splurges (like custom cabinets or gourmet appliances) might not be the best way to maximize the value of your kitchen.

Improving Your Bathroom

Bathroom renovation, one of the bigger budget projects

As the years go on, buyers are expecting more and more from their bathrooms. Nowadays, it’s not just about toilets and showers! In an ideal world, your space will have a stunning vanity, all new tile, and sparkling finishes. And if you have an ensuite, a huge closet and a soaking tub with have buyers’ jaws on the floor.

If all of this sounds overwhelming, you might want to narrow your bathroom renovation down to a few key upgrades. You can promote function by adding extra storage in the form of a vanity or linen closet. For a dash of luxury, consider installing some designer light fixtures or putting in a separate shower and tub. When in doubt, adding some fresh paint and tile can always do the trick, too!

Sprucing Up Your Curb Appeal

When it comes wowing buyers, it’s crucial to start off with a great first impression. The exterior of your home is the first thing people see when they drive up, so you’ll want to get it up to snuff with the rest of your place. Even if you aren’t planning on selling any time soon, boosting your curb appeal will give you the prettiest house on the block!

Get ready for flowers, bushes, and shrubs—adding some landscaping is the easiest way to make your exterior pop. If you really want to go the extra mile, consider replacing your walkway, painting your front porch, or even resodding your lawn. All of these little touches can turn into a big project, but they really do pay for themselves.

Adding a Pool

If you own a home in Florida, you might want to consider adding a pool if you don’t already have one. In most other American cities, having a private swimming space won’t yield a return—but our market is a bit different.

Over half of all newly sold Miami homes have pools, and that number jumps to nearly 90% when you reach a luxury price range. Although having your own spot to swim does cost a pretty penny, South Florida is one of the only places in the country where building one is totally worth it.

Getting Ready to Tackle Some Bigger Budget Projects?

If you’re getting ready to renovate your home before you list, we’re here to help you out! As South Florida real estate experts, we know which bigger budget projects are worth it…and which ones you might want to avoid. Looking for more seller resources? Just drop us a line—we’re always here to answer your questions!

Looking Back on 2019: The Top Home Design Trends of the Past Year

access_timeDecember 6, 2019personScott Patterson

With each new year comes new trends—in food, in fashion, in entertainment, and, of course, in interior design. This year was all about sleek minimalism, and you can expect much of the popular trends of 2019 to carry through into 2020.

Here’s a look back on the top design trends of the past year—and which ones you can expect to stick around next year.

Nordic Touches

If you put industrial design and minimalism into a Venn diagram, Nordic influence would be the overlap in the center. In practice, Nordic touches look like muted tones of gray and blue, dark metal and rich wood accents, and plenty of natural lighting. It’s clean, it’s bright, and above all, it’s stylish.

Here to stay?

In 2020, you can still expect to see many elements of the Nordic trend in interior design, particularly in color palettes. Keep an eye out for ways to increase the lighting and draw attention to colors in your own space!

Statement Pieces

This year was all about minimalism, but that’s not to say there wasn’t room for creative expression. Statement pieces—whether in furniture, lighting, rugs, or any other feature—were all the rage for pulling rooms together, including intricate wall lighting, ornate rugs, and curved couches and chairs.

Here to stay?

In our opinion, statement pieces will stick around next year, but in a different way. We expect there to be a move away from actual physical statement pieces, and instead a use of colors to draw in the eye—especially through furniture.

Plant Life

Houseplants, a popular 2019 interior design trend.

This year, everyone—but especially millennials—went all in on house plants. Check any hip Instagram or Pinterest account, and you’ll see rooms filled with potted plants on shelves, hanging plants suspended from the ceiling, and greenery atop every table. And it makes sense—plants not only boost your mood, but are also a great way to fill space in your home!

Here to stay?

Plants can be a bit of a commitment, so unless people accidentally kill theirs off, you can expect them to stick around for a while…at least through 2020. Next year, we may even see favor shift to larger plants!

Geometric Patterns

Honeycomb shelving, geo terrariums, octagonal mirrors—you couldn’t walk into a store this year without seeing some form of geometric home decor. The trend was in part influenced by its ability to mesh well with other popular designs, like industrial and boho chic.

Here to stay?

The dynamic nature of geometric patterns doesn’t fit too well with minimalistic design, so you shouldn’t count on this trend lasting into next year.

Dark Colors

A dark kitchen, a popular 2019 design trend.

Perhaps influenced by the blues and grays of Nordic design, dark colors were splashed throughout homes everywhere this year, particularly in kitchens. Edgy shades of black, grey, and blue blended well with metallic and wood accents and preserved that modern and minimalistic atmosphere.

Here to stay?

Dark colors certainly fit the bill for next year, but we also wouldn’t be surprised to see them moving out of favor as people gravitate towards lighter pastels and muted tones—which tend to open up the space a little more than the former.

Stay on Top of the Latest Trends

Whether it’s interior design or the hottest new spots in South Florida, my team is here to make sure that you don’t miss out any of the latest trends. Be sure to stay up-to-date with out blog, and check out my top picks around the area!

Thinking of making the move to South Florida? Browse my buying resources, use my specialized search tool to narrow down your options, and check out my area guides to learn about what life here has to offer. Once you’re ready to get started, I’m just a phone call away.

Sell Your Home Fast & for Top Dollar with My Extensive Marketing Plan

access_timeNovember 19, 2019personScott Patterson

Pricing right. Staging for success. Flexibility with showings. There’s a lot that goes into selling a home…but none of it matters if you’re not getting buyers through the door. For that, you’ll need a marketing plan—and an effective one at that.

Luckily, I can help. Over the years, I’ve carefully developed a comprehensive, strategic marketing plan that’s tailored to each of my clients’ needs. If you want to get buyers through your door, here’s how I can help you do it.

Onsite Marketing Plan

Professional staging advice: Homes that are effectively staged not only sell faster than those that aren’t, but also sell for a higher price. I’ll help you create an in-depth, personalized plan to make sure your home looks its best!
Custom property brochures: I’ll create a custom brochure that highlights the best parts of your home. It’s perfect for passing out to potential buyers and other agents!
Buyer/broker prospectus: This packet will contain important info like survey, elevation certificate, maps, brochures, property disclosure and more, all in one convenient place.
Visitor follow-up and thank you card: As long as the buyer is not represented by another Realtor, I’ll be sure to send them along a thank you card after their showing, just to keep your home fresh in their minds.

Professional Photos

A drone hovering above a person's hands.

These days, buyers are more likely to tour a home online before ever seeing it in person. That means your photos can make or break the deal. For my clients, I hire one of the best photographers in the South Florida area, equipped with remote flashes and Photoshop editing to give you the highest quality product.

But it doesn’t stop there! I also utilize top Aerial drone technology to create stunning bird’s eye photos and video tours.

Print Marketing

A pair of glasses sitting on a print publication.

Magazine display ads: Want your home advertised to buyer’s agents in South Florida and beyond? With my marketing plan, you can expect a spot in renowned South Florida magazines and national/international magazines such as Christies International Real Estate.
EWM publications: The Southeast Florida-based EWM Realty has two publications: their “Lifestyle Magazine” and “Casa and Condos.” Both are mailed to specific neighborhoods and homes in the area—and both can feature your property.
Classified ads: Some of the best writers in the area will put words to the magic of your home, creating compelling copy that’ll be placed in papers like the Miami Herald, Sun-Sentinel, and South Florida Business Journal.
Postcards: You never know if anyone in your immediate area knows someone looking for a home nearby! I’ll send out “Just Listed” postcards filled with high quality photos and detailed info to a large radius around your neighborhood.

Email & Web Marketing

People pointing to a home tour on a laptop screen.

Email blasts: Since I’ve been working in real estate around South Florida for years now, I’ve built up an impressive collection of local contacts and potential buyers. I’ll send email blasts to both to make them aware of your property.
Professional video tours: Want buyers to be able to see what makes your home so one-of-a-kind without even leaving their couch? My professional video tours will showcase the finest details of your property.
Domains: I’ve got over 70 active domains on the internet, and I’ll make sure your home is listed on each.
Social media platforms: Google, Facebook, Instagram—I’ll use my established social media platforms to help spread the word about your home. Through increased engagement, you stand to get thousands of extra eyes on your property.

Ready to Learn More about My Marketing Plan?

That’s far from the end of what my comprehensive marketing plan offers. Want to learn more? Give me a call today, and I’d love to talk about what your tailored strategy might look like.

In the meantime, feel free to browse my additional resources for South Florida sellers. Any questions along the way? Just let me know!

South Florida Real Estate Marketing: The Scott Patterson Advantage

access_timeApril 29, 2019personScott Patterson

A home that's recently been sold, with a bright red "SOLD" sign out front.

Selling your home can be challenging. After all, you have to coordinate a lot of different moving parts. Plus, when it comes to South Florida real estate marketing, it can be tricky to know exactly where to start.

Luckily, you can eliminate the stress of selling your South Florida home by working with a professional real estate agent who knows this area better than anyone. As a longtime real estate powerhouse in the greater South Florida market, my team and I possess unique qualities, resources, and areas of expertise that allow us to sell our clients’ homes for the highest amount of money possible.

In fact, here are some of the many services we offer South Florida home sellers:

Onsite Real Estate Marketing

Two young adults browsing the Internet on their respective devices: a tablet and a laptop.

Allow us to be your consultant for selling your South Florida home. We don’t just stick a “for sale” sign in your front yard and wait for the buyers to come in; we’re proactive about saturating the market with images of your unique property.

We offer the following specific services guaranteed to impress buyers, attract them to your property, and keep your home top-of-mind.

Professional Staging Advice

Someone on our team will walk through your home with you and provide valuable insight into the best staging techniques and design options, for your home’s interior and exterior.

Custom-Tailored Property Brochures

Allow our team of designers to create glossy and full-color brochures showing off your home’s best features. We’ll provide a copy to every buyer or broker who comes to tour your home.

Buyer and Broker Prospectus

We’ll create an in-depth market snapshot of your home for potential buyers and brokers alike. It includes information like survey, elevation certificate, maps, brochures, property disclosure and more.

Visitor Follow Ups

This is something virtually no other agents do. We send a warm, yet professional, thank you note to all the buyers who come to visit your home.

Additional South Florida Real Estate Marketing Services

A real estate agent showing a young couple a home for sale.

Our marketing services don’t stop there! We also offer professional, high-quality photography (including aerial drone technology) to capture your home’s beauty from every angle.

Community Marketing

We’ll utilize our vast array of real estate connections in the greater South Florida area to provide your property with maximum exposure. Your home will be featured on the REALTOR® Caravan, to ensure that as many REALTORS® as possible see it to pass it on to their clients.

It will also be listed on our exclusive network of over 700 real estate agents throughout our affiliations.

Print, Mail, and E-Mail Marketing

We weren’t kidding when we said your home will receive maximum exposure.

This includes unique print flyers and unique email marketing messages to our network of REALTORS®, buyers agents, and prospective buyers across both South Florida and the country.

Extensive Online Marketing

Did you know that millennials make up the largest section of home buyers in today’s market? That’s why marketing your home online, where the majority of home searches happen, is absolutely crucial to getting your home sold fast and for top dollar.

That’s why we provide our listings with these unique online marketing services:

Extensive social media advertising
Listings and advertising on a variety of different domains
Enhanced real estate listings on REALTOR.com
Popular real estate website marketing
Google Posts and Ads

Ready to Sell Your South Florida Home for Top Dollar?

My team and I are ready to assist. Give us a call today to discover a new and advanced way to do real estate marketing in South Florida.

Here’s Your 2019 Update for the South Florida Real Estate Market

access_timeFebruary 13, 2019personScott Patterson

With the new year comes new opportunities to invest in the South Florida real estate market! If you’re thinking about buying a property, or selling your current property, sometime in 2019, it’s important to keep on top of market conditions.

South Florida real estate conditions are expected to shift slightly throughout 2019. This is due in part to changes in the national real estate market, such as rising mortgage interest rates and a slow in the growth of home prices.

However, Florida remains an optimistic and highly valuable real estate market. Continue reading to learn everything you need to know about the changing South Florida real estate market in 2019.

Demand for Homes is Consistently High

Current inventory of Florida homes for sale will grow slowly over the next year. In addition, experts expect home prices to increase by about 4 to 5%. Industry leaders are optimistic about the state of the market in 2019. South Florida has always been a popular place to buy a home, and for good reason.

Florida residents enjoy beneficial tax advantages, including the lack of any income tax. As such, buyers from all walks of life, but especially retirees and “snowbirds” looking for summer homes, are attracted to the South Florida real estate scene.

Current Inventory of Homes is Low

Across the United States, the current housing inventory has steadily decreased over time. This low supply of homes, combined with the consistent demand of homes in areas like South Florida, have created the conditions for a seller’s market.

If you’re interested in selling your South Florida home, it’s important to do some careful market research. A good starting point is finding out what your home is worth. Feel free to request a comparative market analysis from my team and I. We’ll research your home, inspect the market, and compare your property to similar properties in the South Florida area.

Mortgage Rates Expected to Increase

One key factor in the changing South Florida real estate market is the increase of mortgage interest rates. The interest rate for a 30-year fixed mortgage will rise to an average of about 5.25% by December, according to experts.

Growing interest rates are expected to tamper buyer demand, which is why home prices aren’t expected to increase rapidly this year.

Some Key Takeaways for the 2019 Real Estate Market

Long term investors in the Florida real estate market remain optimistic. The strong Florida economy combined with consistently high demand for homes in Florida have kept home values high.

As a result of ever-changing market conditions, there’s a new demographic of buyers to keep in mind. Many industry experts expect home demand to increase as a result of a newer, and younger, generation taking over the market. Millennials are currently the largest pool of potential homebuyers. In particular, households under 35 years of age are beginning to buy homes in South Florida.

As such, current Florida homeowners can expect home demand in South Florida to remain robust.

Making a Plan for Your Real Estate Ventures in 2019?

We would love to be a part of them! Give our team a call today to discuss all your 2019 real estate plans in South Florida. Whether you’re thinking of buying or selling real estate in South Florida, we’re here to help.

Have a question about the South Florida real estate market? Please don’t hesitate to reach out. I’m always happy to help.

‘Til next time,

Scott

Buying or Selling A $1M Plus Home? EWM in South Florida is Your Expert Resource!

access_timeAugust 3, 2015personScott Patterson

Some South Florida real estate agents close a $1 million home transaction once in a blue moon. And others, like EWM in South Florida, make it a core part of their business model.

Who would you rather work with when buying or selling YOUR $1 million plus home?

It is with great pleasure that we report to you that EWM was recently recognized as THE leading luxury brokerage in Miami-Dade and South Broward counties for listing single family homes over $1 million.

So what exactly does it take to hold this distinguished position in the region? It means:

Selling a $1 million plus residence every 13 hours
Closing 335 transactions in excess of $1 million each during the first six months of 2015
Selling homes at an average sales price of $2,559,020
And completing a total of $857 million in luxury sales between January and June of 2015.

Now that we’ve told you what we’ve done to get this distinction, we want to take a moment to share with you how we provide the most excellent luxury home sales services in South Florida.

What We Provide For You as a Luxury Home Seller

When you work with us as a home seller, we will work tirelessly to ensure that your home is being marketed to interested and qualified home buyers and that it fetches the highest price possible on the market.

Some of the specific tools we offer include our marketing plan for sellers, tips for showing your property and tips for pricing your property.

We also offer you access to our valuable home selling blog!

What We Offer to Our Luxury Home Buyers

As a home buyer, we will search high and low for the ideal South Florida luxury home for your lifestyle and price range.

Plus, in addition to thoughtful advice, some of the valuable resources we offer to our buyers online include a guide to South Florida communities, Buyer FAQs and School Information.

20 Most Recently Listed EWM Estates For Sale

Start Working With An Award-Winning South Florida Team Today!

As you can see, when it comes to luxury real estate in South Florida, no one knows it better than our expert agents at EMW!

Thus, when you’re ready to enter the market as a buyer or seller, be sure to connect with us!

Until next time,

Scott

Sears Proposes Replacing Aventura Mall Store with Village

access_timeJanuary 15, 2015personScott Patterson

A major redevelopment could be on its way to Aventura, Florida, according to a recent article I was reading.

Evidently, Sears recently submitted a development proposal to the City of Aventura. In that proposal, Sears is recommending replacing its current store location at Aventura Mall with a little village.

This village would be comprised of retail, office and even hotel space.

Currently, Sears occupies two stories at Aventura Mall. But under the new plan, Sears would only occupy 20,000 square feet within the 250,000-square-foot village.

Developers want to call the project “Esplanade at Aventura.” If it is approved, industry analysts are already saying it would be better than the existing Piazza at Aventura Mall where Cheesecake Factory is located.

What Do You Think About Sears’ Plans?

Do you think it would be a good addition to the mall? Do you think it’s a wise business decision on the part of Sears? Would you rather see Sears stay the way it is?

I would love to hear your thoughts!

I’ll also make sure to keep you posted as these proposed plans go forward.

Meanwhile, if you’re considering entering the market anytime soon as an Aventura home buyer or home seller, make sure to contact me, Scott Patterson.

I’m your dedicated South Florida real estate expert and I will work hard to get you the results you want on the local housing market in Aventura!