Over the last five years, 90 percent of the real estate clients I have worked with are relocating to Miami. These individuals understand not only the value of properties in South Florida, but also the value of Florida’s tax laws.
Miami, Fl (PRWEB) March 27, 2014
When a New York City businessman was ready to move his entire company from New York City to Downtown Miami, he consulted top-producing Keller Williams Coral Gables real estate agent, Michael Light, to help him find a new residential home.
Light worked with the buyer for several months before helping him land a stunning, decorator-ready, three-bedroom, three and a half-bath, 3,884 square-foot condo unit at the St. Regis Residences located in Bal Harbour. The unit closed for $6.5 million dollars as a cash deal.
“Over the last five years, 90 percent of the real estate clients I have worked with are relocating to Miami. These individuals understand not only the value of properties in South Florida, but also the value of Florida’s tax laws,” says Light.
According to a study by wallethub.com entitled, “Best & Worst States to be a Taxpayer,” Florida ranks as one of the best states coming in at number four on the list, while New York came in dead last.
“South Florida is extremely desirable for business owners and those in high tax brackets,” continues Light. “For this particular client, it just made sense to move his business from the state with the highest taxes in the United States to a state with one of the lowest tax rates.”
While the decision to move to Miami may be an easy one, there are some challenges. Buying properties in another state comes with its own set of rules.
“I help them find dream properties that will allow them to live comfortably in Miami, while also taking the utmost care to fully explain the process of real estate transactions in Florida,” continues Light. “For example, in New York negotiations are done verbally or through a ‘deal sheet.’ Here in Florida, the contract itself is submitted as the offer with the terms.”
Since 2009, Light has facilitated a total of $60 million in real estate transactions in Miami. For more information on Light as well as to search available properties, visit MiamiLuxuryHomes.com. Light can be reached directly at (305) 350-9842.
About Michael Light
Michael Light, Founder and Owner of Miami Luxury Homes, is a top-producing luxury real estate professional who is licensed with the National Association of Realtors (NAR) and the Miami Association of Realtors. He is a Realtor Associate with Keller Williams Realty and a member of KW Luxury Homes International. Michael is one of approximately 1,100 members of Keller Williams Realty who has met the qualifications to join KW Luxury Homes International putting him in the top 2% of this prestigious group. Michael’s unwavering work ethic, extensive background in the real estate finance and development industries and impeccable service are just a few of the reasons Michael is sought-after by powerful professionals and influential individuals. Since 2009, Michael has facilitated real estate transactions totaling $60 million. Get to know more about Michael by following him on Twitter at @SoBeAgent. He may also be contacted via email at michael(at)miamiluxuryhomes(dot)com, or on his cell phone at (786) 566-1700 or office phone at (305) 350-9842.
About Keller Williams Coral Gables
Keller Williams Realty, Inc., the largest real estate agency in North America, was founded in 1983 in Austin, Texas. Currently, the company boasts nearly 700 offices and 90,000 associates in the United States and Canada. The Keller Williams Coral Gables branch moved to its current location, 550 Biltmore Way, Suite PH2-A in Coral Gables, Florida, in February 2014. The office currently has 137 real estate associates who have their licenses listed with the company. The office can be reached at 305-662-7325.