Secret luxury real estate cash buyers…no more!

Cash for home

No more secret luxury real estate cash buyers, says federal government

Buyers of real estate who transact in cash will need to fully disclose identities

New York and Miami first under the microscope

Agents may have a bit of explaining to do this week after the federal government has announced that it will be requiring the identities of cash buyers for luxury properties in Miami and New York City.

The Treasury Department, concerned about money-laundering in luxury real estate, has put a call out for title companies to identify the people behind cash-paying companies that buy high-end residential real estate, as reported in the New York Times today.

“We are  seeking to understand the risk that corrupt foreign officials, or transnational criminals, may be using premium U.S. real estate to secretly invest millions in dirty money,” said the Financial Crimes Enforcement Network Jennifer Shasky Calvery in a press release. The order covers 180 days, beginning March 1, 2016, and valid through August 27, 2016.

The response from agents in Miami and New York City is that it might give buyers slight pause, but they will find a way around things.

Speed and estate planning two reasons why cash is popular

Read full article at Inman.com

View luxury homes for sale at www.epatricehayes.com!

E Patrice Hayes, B. Arch, The Designer Realtor®CRSSRS

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Download My Mobile App To Search Homes

Keller Williams Realty Group

760 White Plains Rd

Scarsdale, NY 10583

Phone: 914.902.3220

   

Interested in a real estate career with Keller Williams? Click Here!

This Month in Real Estate January 2015

What’s happening in Real Estate January 2015, report by Keller Williams Realty International.

For more real estate news related to your specific location please contact me today.

E Patrice Hayes, The Designer Realtor®
CRS®-Certified Residential Specialist
SRS®-Seller Representative Specialist
Licensed Real Estate Associate Broker in NY, CT and GA 
Member of The Institute For Luxury Home Marketing
 
Search luxury properties at www.epatricehayes.com
Search all properties at www.MultiStateRealEstateBroker.com
Download My Mobile App To Search Homes
 
Keller Williams Realty Group
760 White Plains Rd
Scarsdale, NY 10583
Phone: 914.902.3220

This Month in Real Estate December 2014

What’s happening in Real Estate December 2014, report by Keller Williams Realty.

For more real estate news related to your specific location please contact me today.

E Patrice Hayes, The Designer Realtor®
CRS®-Certified Residential Specialist
SRS®-Seller Representative Specialist
Licensed Real Estate Associate Broker in NY, CT and GA 
Member of The Institute For Luxury Home Marketing
 
Search luxury properties at www.epatricehayes.com
Search all properties at www.MultiStateRealEstateBroker.com
Download My Mobile App To Search Homes
 
Keller Williams Realty Group
760 White Plains Rd
Scarsdale, NY 10583
Phone: 914.902.3220

  

The Top 11 Reasons To List Your Home During The Holidays

Holiday-Proof-Your-Real-Estate-Business

The Top 11 Reasons To List Your Home During The Holidays

11. By selling now, you may have an opportunity to be a non-contingent buyer during the spring, when many more houses are on the market for less money! This will allow you to sell high and buy low!

10. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year for a time convenient for you!

9. Even though your house will be on the market, you still have the option to restrict showings during the six or seven days around the holidays!

8. January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until spring to buy, you need to be on the market during the Holidays to capture that market!

7. Some people must buy before the end of the year for tax reasons!

6. Buyers have more time to look for a home during the Holidays than they do during a working week!

5. Buyers are more emotional during the Holidays, so they are more likely to pay your price!

4. Houses show better when decorated for the Holidays!

3. Since the supply of listings will dramatically increase in January, there will be less demand for your particular home! Less demand means less money for you!

2. Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you!

And the number One reason why you should list your home during the Holidays…..

1. People who look for homes during the Holidays are more serious buyers!

Now after reading “The Top 11 Reasons To List Your Home During The Holidays” what are you waiting for???  Don’t miss out by waiting until the spring, list your home and sell now!

Contact me today…and yes, I’m working all through the holiday season!!!

914.902.3220

epatrice@epatricehayes.com

www.epatricehayes.com

 

E Patrice Hayes, The Designer Realtor®

Licensed Real Estate Associate Broker in NY, CT and GA

ILHM-Luxury Property Specialist
CRS®-Certified Residential Specialist
SRS®-Seller Representative Specialist
Residential Designer, Bach. Of Architecture, Pratt Alumni
 
Keller Williams Realty Group
760 White Plains Rd
Scarsdale, NY 10583

This Month in Real Estate November 2014

What’s happening in Real Estate November 2014, report by Keller Williams Realty.

For more real estate news related to your specific location please contact me today.

E Patrice Hayes, Realtor®
CRS®-Certified Residential Specialist
SRS®-Seller Representative Specialist
Licensed Real Estate Associate Broker in NY, CT and GA 
Member of The Institute For Luxury Home Marketing
 
Search luxury properties at www.epatricehayes.com
Search all properties at www.MultiStateRealEstateBroker.com
Download My Mobile App To Search Homes
 
Keller Williams Realty Group
760 White Plains Rd
Scarsdale, NY 10583
Phone: 914.902.3220

  

This Month in Real Estate October 2014

What’s happening in Real Estate October 2014, report by Keller Williams Realty.

For more real estate news related to your specific location please contact me today.

E Patrice Hayes, CRS, Realtor®
Licensed Real Estate Associate Broker in NY, CT and GA 
Member of The Institute For Luxury Home Marketing
 
Search luxury properties at www.epatricehayes.com
Search all properties at www.MultiStateRealEstateBroker.com
Download My Mobile App To Search Homes
 
Keller Williams Realty Group
760 White Plains Rd
Scarsdale, NY 10583
Phone: 914.902.3220

  

E Patrice Hayes Receives Certified Residential Specialist Designation

For Immediate Release

Home

 

 

E Patrice Hayes Has Been Awarded the Certified Residential Specialist Designation

[Scarsdale, NY] September 22, 2014 –  E Patrice Hayes of Scarsdale, New York has been awarded the prestigious Certified Residential Specialist (CRS) Designation by the Council of Residential Specialists, the largest not-for-profit affiliate of the National Association of REALTORS®.

REALTORS® who receive the CRS Designation have completed advanced professional training and demonstrated outstanding professional achievement in residential real estate. Only 37,000 REALTORS® nationwide (less than 4% of all real estate professionals) have earned the credential.

Home buyers and sellers can be assured that CRS Designees subscribe to the strict REALTOR® code of ethics, have been trained to use the latest tactics and technologies, and are specialists in helping clients maximize profits and minimize costs when buying or selling a home.

E Patrice Hayes is a Licensed Real Estate Associate Broker with Keller Williams Realty Group, licensed in New York, Connecticut and Georgia. She is a member of The New York State Association of REALTORS® and The Institute For Luxury Home Marketing.  E Patrice Hayes is also a Pratt Institute Alumni with a Professional Bachelor Degree in Architecture, experienced as a Residential Designer for award winning home builders and new construction residential property developers nationwide.

“Obtaining the designation was important to me to further solidify my experience and expertise in the real estate business.  It’s important to me to always learn more ways to provide better service for my clients by keeping myself in a network committed to excellence” said Hayes. “Since few can obtain this elite status in the real estate industry, when clients work with me they know they’re getting the best”.

 

For information on selling or purchasing a home with a certified residential specialist visit www.crs.com.

# # #

E Patrice Hayes, REALTOR®, CRS, Luxury Property Specialist
Licensed Real Estate Associate Broker in NY, CT and GA
Keller Williams Realty Group
760 White Plains Road, Scarsdale, NY 10583
Office Phone: 914-902-3220  Direct Phone: 917-327-9997
Email: epatrice@epatricehayes.com
Web: http://www.epatricehayes.com