Real Estate Agent Services

Are you in need of Real Estate Services? Looking to sell or purchase a home, commercial property or business?

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In addition to practicing law, Shanthy Balachanthiran has over 6 years of experience in real estate as a licensed real estate agent and certified real estate instructor. Having handled a number of real estate residential and commercial transactions, Shanthy's experience and real estate knowledge can certainly help you with your real estate needs. Call or email us today if you need assistance in purchasing and/or selling residential or commercial property or business entity. 


MCN Group, Inc.   

2500 1st Ave N.

St Petersburg, FL 33713

Mobile Phone: (239) 823-4541

Fax: (510) 263-6001

Email:  FLRealty2015@gmail.com

Buying & Selling A Home

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Buying and selling property can be a daunting experience if you do not have an experienced, knowledgeable real estate agent by your side. Research by the National Association of Realtors shows that more than half of the home sales (52 percent) in 2017 are expected to be to first time home buyers, and mostly to the millennial set (19 to 34 years old), many moving from urban rentals. That means competition — and bidding wars — could become fierce in the spring for such "starters" in desirable areas. And while there will be less inventory this winter, there will also be less competition per unit and a higher percent of motivated sellers.  In many cases, rents are rising faster than home values, yet mortgage rates remain low. That, and the fact that renters now account for 37 percent of households (the highest level in 50 years), seem to indicate an imminent coming-out party for renters-turned-buyers, especially if they plan to stay put for five to 10 years after buying.


Oftentimes, the best investment a seller can make is to find a hardworking, astute real estate agent. A bad hire can cost sellers tens of thousands of dollars and months of worried waiting. First, look at an agent’s’ online marketing material and listings. Sellers should ask important questions. Is there good photography or video? Does it “pop"? Are descriptions accurate and complimentary without seeming exaggerated? Can the agent conduct a successful open house to draw the right type of attention to your home? Ask for sales-activity reports, existing listings and time-on-the-market averages, plus the requisite local comps. A seasoned listing agent also will know the best times for open houses and how to initiate a price war if the market allows. Never consent to a listing contract of longer than 180 days in a seller’s market. You can always extend or renew your listing agreement. 


A balanced housing market is defined as one with an average inventory of 6.5 months, according to Texas A&M University Real Estate Center research. When inventory remains below equilibrium, sellers enjoy more control over prices and terms, and the area becomes a seller’s market. When inventory lingers well above stasis, you have a buyer’s market where sellers must get more serious about price reductions, credits and throw-ins. Of course, these averages do not necessarily reflect demand in certain desirable and undesirable submarkets. If you're considering purchasing a home on the waterfront in Florida, you must consider several important factors. 


For example, you should certainly consider weather and insurance realities. Major hurricanes and floods of the past dozen years, particularly Hurricane Katrina and Superstorm Sandy, have pushed the National Flood Insurance Program into a $23 billion hole, forcing flood-insurance rates to spiral. FEMA flood-map changes are aggressively expanding flood zones, especially along the East Coast and Gulf Coast, forcing hundreds of thousands of homeowners to buy flood insurance for the first time and others to pay thousands more annually. Parts of Florida saw 20 percent increases in 2016 and will likely see similar hikes in 2017. Insurers also are imposing coverage caps so there’s no guarantee you will be made whole post-catastrophe. Some agents will not disclose this information to you, so make sure you have a trustworthy, knowledgeable real estate agent by your side to assist you every step of the way in this exciting process. Sellers or prospective buyers, call us today at (239) 823-4541 for all of your real estate needs. We can set up a complimentary consultation to discuss your real estate matters and map out the best course of action for your and your family's needs.


Purchasing & Selling A Business and/or Commercial Real Estate

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When one sells an active business, even when the real estate is included, this requires a very different approach to valuation.  Too often real estate agents and brokers don't realize the difference, as they do not get that many requests for this type of transaction mix. When a business owner also owns the real estate, they will want to either close down the business and sell the real estate, or sell both the business and the real property associated with it. Inexperienced and unknowledgeable real estate agents can be tempted to list both together, and that can be a mistake.


An operating business is a very different animal from the real estate where it resides. There are also very different contractual agreements necessary to transfer business assets. They are not like real property, and can actually contain guarantees of volume and existing client/customer base demographics.  The valuation parameters are very different, as an active business has "good will" considerations as well as existing contractual and possibly supplier agreements.  Sometimes they can pass to a new owner. 


Real estate professionals Shanthy Balachanthiran, particularly those in the commercial niche, has the knowledge and expertise to analyze rental income and expenses, presenting them to her clients for decision-making. Where most real estate agents can fall short is in analyzing a business from a financial perspective, Shanthy uses her experience in commercial real estate to foster success for the buyer or seller client. 


There is a lot under the surface, and examination of a Profit & Loss and Balance Sheet does not even begin to get at the true facts. The P&L of a business is often very different from cash flow.  One of the benefits of owning a business is getting some breaks by deducting expenses as business that would be personal otherwise.  An example would be deductions for a vehicle and its cost of operation, as it can be used for both personal and business activities.  Another thing about business valuation is the different ways that it is calculated depending on the industry or business type, as well as valuation for inventory. It is clear that a real estate professional should only be engaged in the brokerage of operating business enterprises if they have the experience and expertise to do it, bringing maximum value to the client.