Plantation News

Mandoki Hospitality Prepares for 2017 Tropical Storm Season

With the kick off 2017 tropical storm season, Mandoki Hospitality is prepared to respond if and when needed.

The Atlantic hurricane season runs from June 1 through November 30. NOAA (National Oceanic and Atmospheric Administration) has predicted the potential for an above-normal hurricane season, with the likelihood of 11 to 17 named storms.

Every year, Mandoki Hospitality reviews its storm procedures and policies as it updates its Property Management Storm Preparedness and Recovery Plan. The MHI Management Team gathers to discuss disaster preparedness exercises and review the updates to the company’s Hurricane Manual.

If a tropical system threatens the Gulf Coast, MHI is prepared to keep our owners and guests informed regarding the situation. We closely monitor storm conditions and potential impacts, as well as area closings, evacuations, shelters, etc., to ensure the safety of our guests and staff.

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Real Estate News

Real Estate News ~ April 2017

JoeMansolinoMandoki Realty had a great year in 2016 listing and selling condominiums and beach cottages at the Gulf Shores Plantation. This year has started out even better! As the news has been reporting, the American consumer is ready to spend again, which includes family leisure time. With higher occupancy expected for 2017, we project an increase in sales.

There is a certain percentage of vacationers that are interested in purchasing their own condo, so more visitors means more potential buyers! With higher occupancy rates, units will have a more impressive rental history. As a general rule, buyers in this market plan to rent their units when they aren’t using them, and many buyers purchase units primarily for their rental potential. Rental history usually influences whether a unit sells anywhere at, or near, the listing price. That affects everyone’s property values!

To improve property values through higher rental occupancy, I recommend that your property be well maintained and “renter friendly”. Mandoki Realty maintains rental histories of units that we list for sale, and if the unit has limited or no rental history, we use rental histories from comparable units. In 2016 there were fifty-seven condominiums sold, with Mandoki Realty being involved in over 42% of those sales, more than double that of the next best agent. At Mandoki Realty, we have a contractual obligation to our listing clients to promote, market, show and sell their units, and it is evident in our performance.

Remember, if you are thinking about listing your property, please be sure to call me at 251-978-SELL, or email me at jmansolino@mandokihospitality.com. I am here to help you with your real estate needs. Call the ONLY onsite real estate agent to list your property for sale, or help you purchase your next one!

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