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#461036 - 03/26/18 04:22 PM Possible relocation to Ft Myers, FL Cape Coral area.
DJM Offline
Member

Registered: 07/21/14
Posts: 43
Loc: Massachusetts, USA
Hi all, I am toying with a relocation to the Florida area within a year or two, and am wondering if anyone has any tips on brokerages to check into, tips on the current market on the West Coast of Florida, etc. Iíve done some research but would like to hear from others that have made a move to that area and their experiences, thoughts, especially on brokerages to start looking at. Thank you in advance.

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#461055 - 03/28/18 08:55 AM Re: Possible relocation to Ft Myers, FL Cape Coral area. [Re: DJM]
Long Walk Offline
Member

Registered: 06/27/08
Posts: 309
Loc: New Hampshire
DJM -- I lived and brokered just north of Tampa on the coast for a number of years. Haven't lived there since '04, but still have lots of friends there, personally and in brokerage, if you are interested in that part of the world. Pretty far north of your desired area, though.

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#461075 - 03/30/18 06:42 AM Re: Possible relocation to Ft Myers, FL Cape Coral area. [Re: Long Walk]
DJM Offline
Member

Registered: 07/21/14
Posts: 43
Loc: Massachusetts, USA
HI Long, thanks for your response. Tampa is a bit further north than I want to be as I really love the location of Cape Coral so if you ever hear if any good brokerages I may want to check out in that area, let me know. Even though itís been a while since youíve lived in Florida, whatís your take on the Real Estate down that way?

What part of New Hampshire are you in? I grew up in the Manchester area.

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#461083 - 04/02/18 08:44 AM Re: Possible relocation to Ft Myers, FL Cape Coral area. [Re: DJM]
Long Walk Offline
Member

Registered: 06/27/08
Posts: 309
Loc: New Hampshire
DJM -- my info would be very dated. I left in 2004.

But, FL real estate hasn't changed, at least in the fundamentals, so far as I can tell. The biggest difference is construction: wood frame was almost non-existent there for anything built since WWII; the little newer wood frame was hard to sell. Typical housing was one-story, monolithic concrete slab, and concrete block walls. A 30-year shingle roof would last about 18 years; 20-year would last about 12.

Sinkholes were a nuisance. By 2004, there were 2 ZIP Codes in my area that conventional insurers would not insure in. Only the State pool (Citizens at the time) would offer insurance there. Wind and flood insurance were far more important there than here in New England.

Most of my buyers over 55 were cash buyers. Lots of sales to move out of or into the area. I worked with very few local move-up buyers or sellers. Estate work was a big part of the business.

Once you are there awhile and have gone fully native, you will be appalled at how many people start conversations by telling you how they did it 'upnorth'. Buffet restaurants are better there and you won't find nearly as many Sunday brunches. College football and NASCAR are way better followed there. Tampa Rays sell out when the Yankees or the Red Sox come to town. You will never eat better tomatoes or strawberries in your life than what you will pick there. Altogether, I think it is a great place to live and to work. My wife hated every day of it.

We are outside of Nashua, but I lived in Manchester when I went to college. It is my favorite town in NH.

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#461123 - 04/05/18 08:18 PM Re: Possible relocation to Ft Myers, FL Cape Coral area. [Re: Long Walk]
DJM Offline
Member

Registered: 07/21/14
Posts: 43
Loc: Massachusetts, USA
Hey, thank you for the great information, I really appreciate it. You relayed some good stuff, especially about the tomatoes and strawberries. Yum!

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#461124 - 04/06/18 06:06 AM Re: Possible relocation to Ft Myers, FL Cape Coral area. [Re: DJM]
Long Walk Offline
Member

Registered: 06/27/08
Posts: 309
Loc: New Hampshire
No problem! When you get settled, shoot me an address so that I know where to stay when we visit during the winter. shocked

That's the part I forgot: when you live in FL, everyone upnorth thinks that you 1) spend all your time at the beach and don't really work, and 2) are a hotel to use during their visits.

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#461176 - 04/14/18 06:30 AM Re: Possible relocation to Ft Myers, FL Cape Coral area. [Re: Long Walk]
DJM Offline
Member

Registered: 07/21/14
Posts: 43
Loc: Massachusetts, USA
Long Walk, that cracked me up. When I lived at a ski resort in VT, I had more visitors. Everyone got mad at me because I had t9 work instead of play 🙀 I had my Real Estate license then too. Interest rates were insane, 18%, something like that.

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