Started Working

So, I just started my new career in real estate.  Or do I need to start making money before I can really say it is my new career?  I went to 5 open houses today and a possible listing appointment.  I met some nice agents and property owners and am looking forward to a career.  We also met with one of my broker's property management clients- so fun.  Today was great, but I can imagine that this will be a very challenging endeavor.

These are some of the places I saw today...

MLS #14-616 Listed at $843.5k

I loved the living areas and view.  

The size is nice, but the house could use some updating- notice the carpet.

*Has a rental unit!*

MLS #14-638 Listed at $595k

Super cute!!

*Has a rental unit!*

MLS #14-502 Listed at  $575k

This would probably be a good long term rental property.

Needs updating.

*Has a rental unit (s)!*

MLS #14-579 Listed at $1.299 million

Absolutely beautiful.  Great views.  I love that the 4th bedroom is separate.

The rooms are a tad small, which makes me think it would be a perfect villa rental property.

MLS #14-426 Listed at $3.75 million

Stunning view.  His and hers master bathrooms and closets-nice.

Wine cellar, game room/loft, beautiful pool,..

*Has a rental unit!*

Do you have any experience in real estate?  Do you have any advice for me?  Want help buying, selling or renting? 

Virgin Islands Real Estate Drama: Rosemary Sauter

I guess I should mention this since I want this blog to include some discussion of real estate issues in the Virgin Islands. The island is a buzz with news of Rosemary Sauter, owner of ReMax Dream Properties on St. Thomas. Well, as of right now, ReMax Dream Properties is closed and Rosemary Sauter is missing in action. A warrant has been issued for her arrest. She is suspected with stealing more than $1 million from escrow accounts and having bounced checks. This means that a lot of people, renting out properties managed by ReMax Dream Properties or planning on purchasing homes, may have lost money. It’s a very sad story.

Paul and I were going to put an offer in on a house just before this happened (Yes, this home building process is very stressful and taking way too long). At the time, I thought we weren’t very lucky since the house went under contract the same day we were going to put in an offer on the house. Looking back on it now, we were very fortunate. We were working with a ReMax real estate agent and had we made an offer we may have lost our earnest money deposit.

To find out more information about this story check out the Virgin Islands Daily News.