Wednesday, September 26, 2018

Keyes' Port St. Lucie Office Gathers Supplies in Support of RAPB + GLFR Initiative

By Deborah Shockley

Each year, we send our children to school with the understanding that the most important thing they should have to worry about is their education. For some students around the country, that isn't true. Their focus is on finding a place to sleep that night. 

This year, the Realtor Association of the Palm Beaches and the Realtor Association of Greater Fort Lauderdale reached out to its members to see if we would be willing to collect clothing and school supplies. At our Summer CEO Tour event on July 24th, we hosted our St. Lucie County Schools District Homeless Liaison, Kylee Fuhr, where she spoke with us about the importance of this initiative. 

After learning about the over 1,800 homeless students in the area, we made a huge effort to give for these children. Lisa Crovato & Sonny Solomon from the Port St. Lucie office volunteered to cover the cost of a storage unit for a year where the Treasure Coast Community Outreach Events Committee will make these supplies available to the kids that need them. Our other Associates more than filled our office donation box, and Mike & Tim Pappas approved a donation on behalf of KeyesCares with which we purchased clothing in various sizes. 

I want to give a special thanks to Carolyn Niemczyk & Rene Smith for helping to spearhead the efforts in the office. On August 3rd, we brought everything to the Port St. Lucie RAPB + GFLR office, making a sizable contribution to the collection. 

Keyes Partners with CARE School in Miami

The Keyes Company and KeyesCares delivered school supplies from our Miami office drive to CARE School students.

The first day of school brings excitement and enthusiasm for opportunities ahead, but for some, those emotions are tempered by the uncertainty of not having the materials needed to take full advantage. Many students at CARE School know this feeling. 

KeyesCares' mission is "to support the communities in which we work and live by strengthening the essential components of the infrastructure that contribute to quality of life - Education, Children, Healthcare, and Community." While each are important in their own right, being able to partner with organizations that promote the welfare of more than one of those pillars allows us to better make a lasting impact on our communities.

CARE School provides a nurturing learning environment to children primarily from the Overtown community in Miami. Several Keyes Associates and corporate employees are actively involved in ongoing support of the school and this summer championed a drive throughout Keyes' Miami-Dade offices to gather much needed supplies for the students at CARE School.

At the completion of the drive, Keyes Owner & Vice President Tim Pappas, along with his son Jason from the Sunset office, Frank DeValdivielso from Coral Gables, Rene Beal from Commercial Miami, and Linda Chin from Palmetto Bay (all pictured above), delivered the supplies to CARE on the first day of the new school year.

President of the CARE Board, Marty Steinberger commented, "The generosity of Keyes Realtors in providing school supplies again this year means so much to families at CARE. For each student in the school to be able to start the year with necessary items is deeply appreciated by the parents, students, and teachers...The smiling faces of the children as they received [their] bags spoke volumes."

Thank you to each of the Keyes family who donated their time & supplies to help make this drive such an incredible success!

Monday, July 23, 2018

Keyes Luxury Report Gives Insights into High End Markets in South Florida

From the Sun Sentinel 

The luxury market in South Florida is unique in many ways. The defining characteristics of this rarified set of properties have led to "what luxury real estate agents are happily calling one of South Florida's best price and sales surges in recent memory."

Leading the way in bringing this information to the public eye, The Keyes Company's Luxury Market Report demonstrated a few of the reasons for this boom - when other cities might not be undergoing the same increase in sales of their own high-end listings.

Check out insights into the mind of Keyes' Vice President of Luxury, Kevin Leonard, and why this trend might continue here.

Thursday, April 5, 2018

The Keyes Company Continues Tradition of Giving Back

One of our corporate pillars is an involvement in and support of the communities in which we live and work. The first three months of 2018 allowed us to truly showcase the care that Keyes and our Realtors have for our neighbors. Whether cycling in the Dolphins Cancer Challenge, or rappelling down a Miami landmark, we took every chance to help affect change for the better in South Florida!

Check out some highlights in our 2018 Q1 Charitable Giving Newsletter 


Wednesday, March 21, 2018

How Millenial tastes are changing South Florida Real Estate.

Cover Story: How South Florida's  residential developers are making  their projects millennial -friendly.

This week's South Florida Business Journal cover Story by Brian Bandell is on Millenial Housing Development. In it, Keyes Company CEO & President, Mike Pappas, is quoted on the livng styles of  the millenial generation. Read below! 

Wednesday, February 14, 2018

Realtor Recommendations: Flipping homes? Condition Matters

By Lucy Ballesteros and Debbie Riano

The home flipping process can take any house and turn it into a dream sanctuary, but be careful! While a listing might look perfect on the outside, not every home condition is in tip-top shape. Before you sign on the dotted line, there are some things you should be on the lookout for. With these few tips, you’ll be a pro at your next walk through.

1. Underneath it all
When purchasing a flipped property you must be wary of any mold issues. Many flipped properties were at one point distressed properties and may have had water issues. The investor who picked up the property may or may not have tested for mold or might have just painted over it. Pay for a mold test for peace of mind.

2. Cover yourself
Check the roof, its age, any potential leaks, or paint overs. Replacing a roof is a huge investment and many investors will not want to put that much money into a replacement if it isn't absolutely necessary.  You can check with the city where the property is located for permits on how new a roof really is.

3. It’s electric
On older properties, the electrical and plumbing may not be up to code. Investors will not replace electrical panels or update plumbing connections unless there is a problem. Hiring a good company to perform an inspection is key to finding out all the details regarding your plumbing and electrical work on your property. You can use a well-researched inspection report to negotiate on the price of your soon to be property.

Remember, not all flipped homes have issues! Don’t be afraid to keep these options open when you’re shopping the market for a new home. For more flipped home advice, check out the article below, or give us a call at 561-713-8872.

Thursday, January 4, 2018

January 2018 NAR Power Broker Roundtable with Christina Pappas.

In this month's Power Broker Roundtable, Christina Pappas features:

  • Rick Haase (President of Latter & Blume, Inc)
  • Marnie Goldschlag (Co-Owner of NextHome Wine Country Premier)
  • Rei Mesa (CEO of Berkshire Hathaway Homeseervices Florida Realty)
  • Michael Saunders (CEO of Michael Saunders & Company).
Read the discussion here!

Thursday, December 28, 2017

SoFla luxury condo sales to stay slow as single-family market grows in ’18, experts say

Condo developers to pull back after years of sky-high appreciation

With a large number of luxury condos remaining available paired with low sales, it can be expected to see many projects be cancelled in the 2018 year. However, this may prove beneficial to buyers as some sites may start reducing their prices. Mike Pappas, along with several other Miami real estate figures speak to The Real Deal about what to expect in the coming 2018 year.

“In the luxury market, they set prices too high.”
- Mike Pappas, Keyes Company CEO & President

Mike Pappas, president of the Keyes Company, said the double-digit appreciation new condos experienced between 2013 and 2015 created a false perception about what those same units could sell for in 2016 and 2017. “Over the last two years, we have seen that greater appreciation coming back to down to reality,” he said.

Read the full article here!

Friday, December 15, 2017

NAR Power Broker Roundtable: A Look at the Year Ahead.

Christina Pappas joins in this month's National Association of REALTORS® Power Broker Roundtable as she prepares to enter her new position of NAR Liaison for the 2018 year.

This month's National Association of REALTORS® (NAR) Power Broker Roundtable introduces Christina Pappas, district sales manager for The Keyes Company and incoming moderator of the Roundtable for 2018.

In the discussion, NAR Moderator, Robert Bailey, talks with Christina Pappas over several topics including Pappas's incoming role of becoming the 2018 Liaison for NAR, a brief history of The Keyes Company, Pappas's plans and goals in the new position, and the new generation in the industry.

Read the full interview here!

Monday, November 27, 2017

Want to make the most money on your home? Don’t sell it yourself!

Want to make the most money on the sale of your home? Don’t sell it yourself. On this week’s Miami Herald Business Monday, Keyes Company’s CEO Mike Pappas explains the importance of hiring a Realtor® when you are ready to sell your home.

If you want to save money by selling your home yourself, that’s OK. Just don’t expect to make any money doing it. A study by two leading economists finds that owners secure deals at prices below those on similar properties sold by Realtors using the Multiple Listing Service. 

Read the full article here!

Read more here:

Thursday, November 9, 2017

Single Family Homes on the Market range up to $65 million.

Recent article of Miami Today discusses the amount of high priced single family homes.

Source: Miami Today
The number of expensive single-family homes is not dwindling, but instead there is an abundance of them. 

With the high price of these homes, only a small amount are willing to reduce the price. Many sellers are wary to reduce their price, but in the market for the past few years, it may be what is needed to get the listing sold. 

Sales of listing were also slowed down with the arrival of Hurricane Irma in South Florida. Agents were out of the office for about 2 weeks, causing closings to be delayed and making the market seem sluggish.

"There is a strong demand and interest for properties that are priced at a realistic market price and are in move-in condition," says Keyes CEO and President Mike Pappas. He ends with saying that he believes that the upcoming season will be good for the luxury market due to the proposed tax reduction.

Tuesday, November 7, 2017

New Tax Plan and it’s South Florida Real Estate Impact

The proposed tax plan’s biggest impact for our market may come out of state.

Source: Miami Herald

 Local real estate experts believe that the short term impact could be a slight decrease in pricing in the area as new buyers weigh the cost of renting versus owning a home. Eventually, the benefits of owning a home will outweigh the costs and that, along with South Florida’s abundance of foreign buyers, will keep the market steady. 

Most believe that the biggest impact will come from buyers from higher-tax areas like New York and California who might start looking at South Florida and Miami as much more desirable locations if the residential mortgage interest expense deduction is lowered.

Read it in their own words here!

Tuesday, October 24, 2017

What Does 'Contingency' Mean in a Real Estate Listing? article featuring Keyes' own Jimmy Branham discusses contingent listings.

In a recent article on by Audrey Ference, the topic of what contingency means when dealing with a real estate listing is discussed.

Keyes Company's Jimmy Branham starts off the article  with an explanation on the matter:

'A contingency in a deal means there's something the buyer has to do for the process to go forward, whether that's getting approved for a loan or selling a property they own.'
- Jimmy Branham

The article will explain what other things contingent listings could means and common examples of it. Ference's piece will also explain if you should still make an offer on a contingent listing.

Read the full article here!