These real estate agents cut their commissions

A new Jersey company said it’s expanding into South Florida with a service that allows home sellers to avoid “the hassle and awkwardness” of negotiating lower commissions with real estate agents.Less Percent Real Estate pairs sellers with local agents who already have agreed to accept less than the typical 6 percent commission. Sellers can use …

5 Tips for Investors With Limited Cash to Purchase Their First Properties

At trillions of dollars, it’s no secret that the real estate market has been one of primary resources for the world’s wealthy to to pad their accounts. But contrary to popular opinion, real estate is still a desirable asset class for entrepreneurs with smaller bank accounts. Individuals who budget wisely and do their research can …

Landlord Nation: Boomers’ New Retirement Plan Is Millennials Paying Rent

Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA rocket sites at Cape Canaveral and the Kennedy Space Center. They weren’t just hunting for a place to live. As they get ready to move this year, they’re …

Tampa’s historic Mirasol apartment building sells for $10.4 million

The historic Mirasol apartment building near the entrance to Davis Islands has been sold and will continue as a multifamily rental property. The price for the 58-room building, built in the 1920s, was $10,375,000, according to Frank Carriera, an agent for Carriera Regan of Marcus & Millichap, which represented both the buyer and seller. Carriera …

Keyes Co., Illustrated Properties merger makes firm the largest independently owned real estate brokerage in Florida

The Keyes Co. and Illustrated Properties announced a merger on Wednesday, in a deal that makes the combined firm the largest independently owned real estate brokerage in Florida. “It’s really two families coming together,” said Mike Pappas, CEO of Miami-based Keyes. “We will be maximizing each other’s strengths.” The South Florida firms said they will …

Tampa launches $35 million redevelopment of Riverfront Park [Central Florida]

Monday wasn’t the first time Tampa has tried to do something bold and visionary and transformative at the 23 acres of Julian B. Lane Riverfront Park. But at $35.5 million, City Hall has never put this kind of money into the effort. “This park is not cheap,” Mayor Bob Buckhorn said at a mid-morning ceremony …