Problems stare you in the face if you are invested and even are looking to invest.4. There are living examples in between us. Take a scenario, for example. The values of these have been growing all these years with appreciation every year. Thus, character traits are equally as important as one’s academic background.8 Real Estate Tips to Sellers and Speculators Rise and fall of the prices of homes is nothing uncommon in real estate business. While showing the home for the prospective buyer put a word or two about the date of moving out in case the deal is sealed. Grossly this is a seasonal business for all those involved.* Improvement of the locality will in turn increase the value of the property overtime. They should value their own time and energy as well as their clients.* Moreover banks are willing to extend loans for the purchase of land and buildings at lower interest rates. Since people want to look at houses during their off time such as evenings and weekends, the agent should be available at such times. The real estate agent is a peoples’ man who ought to know the people in depth in order to deal smoothly with them. Lesson: longer you are invested better will be the return; no room for quick money, in general.* Sometimes at the time of closing of deals, an agent has to manage last minute indecisions of the clients in completing the deal and expect the unexpected. The loss incurred by under pricing would have helped in paying off the agent’s commission..

Ernest Shahid (b. 1921), a pioneering Florida commercial real estate developer, helped transform Destin and coastal Okaloosa County into a major tourist vacation destination. Shahid built the first major condominium complex on the Emerald Coast in 1971. Its success sparked a flurry of resort complexes and economic development.

Early life

Ernest Wadere Shahid was born in South Carolina in to a family of Lebanese immigrants. He spent his childhood in Timmonsville before leaving to attend Presbyterian College where he played on the football team. Shahid married Margaret Pharo of Birmingham, Alabama in 1942 and served in the Army Air Corps between 1943 and 1945. Following his military service the Shahids moved to Birmingham where Ernest worked at his father-in-law's five-and-dime store.

Career

Shahid began his career as a builder when the contractor he hired to construct his home quit. Shahid hired the construction crew, completing the home under budget. From there he went on to build homes throughout Birmingham from 1946 to 1952.

Moving to Florida in 1952, Shahid purchased the Riviera Hotel in Destin and built the Shoreline Hotel in 1955.

It was in 1971-72 that Shahid made his most significant contribution to Destin by building the town's first highrise condominium, the Shoreline Towers. At the time there were no other major condomimium complexes or resorts in Walton or Okaloosa counties. The construction of the Shoreline Towers heralded the beginning of Destin's transformation from a sleepy fishing village into one of the most significant holiday locations on the Florida panhandle.

Shahid went on to develop other major coastal projects in Destin, including Shoreline Towers West in 1978 (renamed The Tides) and Regency Towers in 1982.

commercial destin estate florida real In Detail

Find homes, search for property for sale and more in the following markets: Memphis real estate, Nashville real estate, Chattanooga real estate, Atlanta real estate, Little Rock real estate, Northwest AR real estate, North Georgia real estate, Destin Florida real estate and commercial real estate markets. Includes areas and related services.

top

Enter your search terms Submit search form

Valid XHTML 1.0 Strict Valid CSS