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Palm Beach Blog

Category: Ask Jeff

26 OCT

  #EchoTV...Owner Jeff Lichtenstein tells us how to properly price your home using the rule of 25, 50, dollar bill, and 2 dollar bill...look for more episodes of EchoTV with Jeff and if you have any real estate questions feel free to post them on our Facebook page...Enjoy! See... Read More

24 NOV

There are lots of reasons to use a Realtor when selling your home. Here are 18 of them. Discount brokers do discount marketing. They won’t get market value. If there is a pool of 50 buyers, he will miss 35 of them. Thus, the top price range should be slotted for 10% less. Marketing... Read More

Posted in Ask Jeff


One of our agents successfully negotiated a contract on a Tequesta home for a Buyer she was representing. Her price was equal to others and it was also contingent upon a loan. Our deal was chosen because we offered better terms. Instead of a 15-day AS IS inspection period, we... Read More

Posted in Ask Jeff


Hi Jeff, If I want to put an offer in on the house in Jupiter Farms contingent on the sale of my home, what does that look like? Do you, for example, put a closing date 90 days from the offer date? CF ------------------------------------------------------------------------------------------------------------------------------------------ CF: Unfortunately,... Read More

Posted in Ask Jeff

Watch The Rainbow-Colored Florida Bunting Bird From Your Own Home

If you are into Florida's nature, you can see some of the most amazing bird wildlife from right outside your window. The tiny rainbow-colored Bunting Bird almost looks like a parrot at first glance (females are all green). I never saw one in my 14 years in Florida until I got... Read More

Posted in Ask Jeff

18 APR

1. Short take: Healthy! The average amount of inventory we have is 6.3 months, down from 7.8 a year ago. It still takes longer in the million-dollar market, but after 8 long years, we have arrived at a healthy market. 2. Prices: Prices are way up from a year ago. The market... Read More

Posted in Ask Jeff

15 FEB

1. Short Take: Normalcy! For 6 years, the south Florida real estate market was in a depression. 2012 marked the year we came out of it. Total inventory dropped an incredible 40.1% from 2012 to 2013. According to the Florida Realtors, inventory is now at 6,794 total units versus... Read More

Posted in Ask Jeff


Awesome news for short sale sellers and the real estate market in general. The Mortgage Debt Forgiveness Act which forgave debt on mortgage modifications and short sales has been extended through 2013. For example, if someone owes $500,000 on their loan and the lending institutions... Read More

Posted in Ask Jeff

Fiscal Cliff Real Estate Effect

Below is an email I had to write to another Realtor. Unbelievably, the government hasn’t approved extending the forgivable debt of a loss in a real estate transaction. This jeopardizes all short sales going forward. With a 2-3 year supply of short sales, this needs to be addressed.   I... Read More

Posted in Ask Jeff

26 OCT

Jeff, This listing, and many others I have noticed, are listed as contingency rather than active. What is contingency? In MA we don't really have this. I see the 10/31 "deadline" - we will not be down there till the following week. Is that too late for this particular property?... Read More

Posted in Ask Jeff

22 OCT
How Important is Landscaping When Putting a Home on The Market?

The answer is it can be incredibly important. Landscaping is usually the single-most bang-for-your-buck thing to do.  It not only can change the outside curb appeal of a house, but how it shows from the inside as well.  Take a look at these 2 simple changes to this PGA National... Read More

Posted in Ask Jeff

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