Michael P. Schnabel, CIPS, REOS, GRI, TRC
Brickell Office305-329-7600 (Office)
305.675.0298 (Fax)
305-450-0036 (Cell)
michael@miamiflorida.com
Personal Website
- English
- Spanish
- CIPS
- GRI
Integrity and Trust, two words that define us and our work.
Michael (51) is a Licensed Real Estate Brokers at Esslinger-Wooten-Maxwell, Inc. (a HomeServices of America Company, an Affiliate of Berkshire Hathaway), in Miami Florida. Michael and his wife Ana work as a husband and wife team focusing on high-end residential properties and on commercial properties. They also are very much involved with the International 2nd home market, particularly in the Dominican Republic.
Michael joined EWM Realtors in February 2006 after a distinguished 18 year career in International Private Banking, were he provided investment advice and asset management services for some of the wealthiest families in Latin America, under some of the most renowned firms in the industry such as UBS International, Wachovia Securities, Merrill Lynch, Grupo Santander and Grupo LAFISE. Prior to his Wealth Management career, Michael worked 7 years for Citibank, N.A. as a Institutional Trader under Citicorp Investment Bank. Thru-out his career Michael has traveled extensively throughout Mexico, the Caribbean, Central and South America. Michael has been quoted in the Wall Street Journal during his career in Wealth Management and in the Miami Herald during his career in Real Estate. Michael holds a B.B.A. in Marketing with a minor in Finance from Inter-American University in San Juan, P.R.
Ana joined EWM Realtors in February 2004. An Attorney by trade - holds a Law Degree from the Universidad Nacional Pedro Henriquez Urena in Santo Domingo, Dominican Republic - Ana is a seasoned Real Estate agent with over 5 years of experience in residential and commercial properties in Miami-Dade County, with emphasis in the high-end luxury market.
Michael and Ana are members of the Chairman's Club - Emerald Level - at EWM Realtors, having consistently ranked among the top 1% of agents nationwide in volume of sales. They are active members of the Realtor Association of Miami-Dade, the Florida Association of Realtors and the National Association of Realtors.
Michael holds the following designations; 1) CIPS - Certified International Property Specialist, 2) REOS - REO Specialist, 3) GRI - Graduate of the REALTOR Institute and 4) TRC - Transnational Referral Certificate. By virtue of his CIPS and TRC designations, Michael can make and receive compensated referrals using the transnational referral system developed by the International Consortium of Real Estate Associations (ICREA) of which he is an active member.
Fannie Mae just released a new policy named “Deed for Lease Program” under which thousands of homeowners that are facing foreclosure will have the opportunity to remain in their homes as tenants. Under the ”Deed for Lease” program, borrowers can transfer ownership to Fannie Mae and sign a one-year lease, with month-to-month extensions after that. If you have [...] Read full article »
I encourage you to read the article published by Wall Street Journal today April 10th, 2008 with the title “Hedge Funds make it hard to Say Goodbye” The article starts with the following comments: “If you thought getting into a hedge fund was tough, try getting out of one. With the markets sputtering, some high-profile hedge funds [...] Read full article »
Thanks to the “Florida Tax Budget Reform Commission” (TBRC) which was created by the “Florida Constitution Article XI Section 6″ – commission meets this year and every 20 years thereafter – with the objective to examine the tax and spending policies of the state, and if deemed necessary, make recommendations for change to the Florida [...] Read full article »
The Asia in Brickell Key and the Jade in Brickell share the top spot for the highest priced condos for sale in the Brickell Area as of Sunday April 6th, 2008. READ MORE Read full article »
The Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA07) allows exclusion of income realized as a result of modification of the terms of the mortgage, or foreclosure on your principal residence. READ MORE Read full article »
The second sale for 2008 and also in March. Are 24% plus discounts attracting Buyers to the Bath Club? Villa #4 at The Bath Club in Miami Beach sold last 28th March 2008 for $6,700,000 or $1,175 Sq Ft. after being listed for sale for approximately 430 days or 14.3 months. The selling price represents a discount [...] Read full article »
The lowest priced highest floor Condo in the Santa Maria building is selling for $1,495,000 or $686/SqFt. This 2/2/1 recently converted to 3/2/2 offers 2,180 Sqft (202.5 SqMtrs) of living area with an additional 439 SqFt or 40.1 SqMtrs of terraces facing Biscayne Bay. READ MORE Read full article »
The price for Condo unit #908 with 2 bedrooms, 2 1/2 baths on 1,904 SqFt has been reduced to $797,000.00 or $419/SqFt. As of April 3rd, 2008 the unit has been in the market for 84 days (almost 3 months) and has been discounted 10.45% from the original listing price of $890,000.00 READ MORE Read full article »
The Bath Club in Miami Beach saw its first condo sale of 2008 with unit #1105 which closed on March 25th for $2,400,000 or $630 Sq Ft. after being listed for sale for approximately 804 days or 2.3 years. The selling price represents a discount of 27% from the original listing price of $3,290,000 set [...] Read full article »
Business Wire reported recently that ARE Asset Management, a Miami-based company, has launched two offshore investment funds targeting the commercial and residential real estate markets in the US. READ MORE Read full article »
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