Frequently Asked Questions

Find answers to common questions about our real estate services.

What is the first step in the home buying process?

The first step is to get pre-approved for a mortgage so you know your budget. This helps narrow your search to properties you can afford. After that, you should connect with one of our real estate experts who will guide you through the entire process, from property search to closing the deal.

How long does it typically take to close on a property?

The closing process typically takes 30-45 days from the time your offer is accepted. This allows time for home inspections, appraisals, securing financing, and completing all the necessary paperwork. Our team works diligently to ensure a smooth and efficient closing process.

What renovations should I make before selling my home?

Focus on renovations that provide the best return on investment: fresh paint, updated kitchens and bathrooms, improved curb appeal, and fixing any obvious defects. Our agents can provide personalized advice on which improvements will most increase your property's value in the current market.

How is the listing price for my property determined?

We determine listing prices through comprehensive market analysis, considering factors like recent sales of comparable properties, current market conditions, your home's unique features, location, condition, and improvements. Our goal is to set a competitive price that will attract qualified buyers while maximizing your return.

What types of properties make the best investments?

The best investment properties vary depending on your goals. For steady income, multi-family rentals or commercial properties may be ideal. For appreciation, properties in developing areas with growth potential can be smart choices. Vacation rentals can provide both income and personal enjoyment. Our investment specialists can help you identify opportunities that align with your financial objectives.

How do I calculate ROI on a real estate investment?

To calculate ROI, divide the net profit (rental income minus expenses) by your initial investment cost, then multiply by 100 to get a percentage. For a more comprehensive analysis, consider factors like appreciation, tax benefits, and leverage. Our investment advisors can help you perform detailed ROI calculations for potential properties.

What areas does Panams serve?

Panams specializes in luxury real estate in premium markets including metropolitan areas and resort destinations. Our global network allows us to assist clients with properties worldwide. We have offices in major cities and maintain partnerships with trusted agencies in other locations to provide comprehensive service regardless of where you're buying or selling.

How is Panams different from other real estate agencies?

Panams distinguishes itself through our exclusive focus on premium properties, personalized service, innovative marketing strategies, and global network. Our agents are extensively trained luxury market specialists with deep knowledge of their regions. We leverage cutting-edge technology for property marketing and client communication, while maintaining the personal touch that luxury real estate demands.

Still Have Questions?

Our team of experts is ready to help you with any questions you might have about our services or properties.