Property management

We're Not Your Average Brokerage or Property Management Company

Times change, but industries take their time changing with it.  At Southern Bay Realty, we are a property management company and full-service brokerage recognizing the new world of real estate and the changing needs of consumers.

Big real estate brands used to matter.  They were important because only a big brand brokerage had the reach to promote your home.  Zillow, Trulia, and Realtor.com changed that.

The MLS—where all realtors list your home—is linked to Zillow and similar websites and automatically publishes your listing everywhere simultaneously.  As far as how widespread your listing gets shown, brokerages are equal: any brokerage that lists you on the MLS lists your home EVERYWHERE.

And because this has become so automated, it takes less time and money to do.  That's how we can list at 4% while still providing the services of a full brokerage.  We are recognizing our time/cost savings in this newly automated, digital world and are passing that savings on to our clients.

Consumers Are Becoming Savvier

With the great spread of information, consumers have readily available a plethora of information regarding real estate.  More and more individuals are getting into flipping houses, purchasing rental properties, or simply becoming the first in their family to own a home.  But reading about it and implementing it are two different things.

Most realtors hold their license and understand the paperwork required to handle your transaction.  A few, however, have that necessary understanding beyond how to push papers.  They understand the everchanging markets, the intricacies of underwriting and the many different loan options to consider; they understand that one investment property is not equal to another, and that buying your first home is not just about meeting your taste preferences, but also it's about finding you a home that will increase in value and retain lasting salability.  These exceptional types of realtors are difficult to find, but they are all that we have at Southern Bay Realty.

We are a small brokerage and intend to stay that way.  When you only employ the best, you can only get so big.

The Benefits of Unique Ownership

Whether you're an investor or first-time homebuyer, buying or selling a home involves more than just a realtor.  Title companies manage the transaction, and unless you're paying cash you need a loan for a mortgage lender.  To get that loan you need to prove your income, and that requires tax returns.  For the self-employed individual this gets complicated.  Underwriting requires current year-to-date financial statements, usually signed off on by an accountant.  Add in your realtor and you're dealing with four different professionals to manage a single transaction.

Southern Bay Realty came to life through our recognizing the importance of having these four professionals tightly woven.  Too often have we seen deals complicated or even fall apart because the professionals involved weren't all firing on the same cylinders.  With Southern Bay that is never a problem.

Our brokerage is operated by two individuals: Christopher Olson, EA, owner of Azalea CIty Tax & Accounting and Walter Sessions, a licensed realtor.  Along with our close relationships with several preferred lenders and title companies, our team is the complete package you need.

If you already have your own accountant, or your own mortgage lender, we definitely work with any other professional seamlessly.  But if you lack the right professionals in your pocket, our complete team has you covered.

The Value of Accountants

When you work a regular W2 job, underwriting is usually simpler.  You need the last year or two of tax returns and your most recent paystub, and that's usually just about it.

But when you're self-employed, receive a 1099, or own a business, it gets more complicated.  Lenders usually need two years of tax returns, current year-to-date financial statements, and often various explanations from your accountant.

Underwriting can become extensive and time-consuming, sometimes threatening to derail contracts on a deadline.  That's why having an experienced accountant working diligently and responding timely is so important to satisfying your contractual deadlines and getting you into your dream home.

Lending Comes First

Consumers often think the first step to buying a home is talking to a realtor and finding the home they want.  In reality, your first conversation should be with a lender.

Before looking at homes, we want to establish your buying power, and that starts with your lender.  After providing limited information and having your credit checked, a lender can determine how much you can qualify for in buying a home.  If your buying power doesn't quite meet the level you were looking for, your lender will develop an improvement plan, giving you the path to improving your credit or debt-to-income ratio to get you to the buying power you're looking for.

That's why we have a comprehensive list of preferred vendors we work with.  It is important to get your pre-approval in order to make sure when we find that right home for you there is nothing standing in your way of securing it.

Alexis Matthews
Alexis Matthews
2023-10-08
Best realtors ever!!! Walter is great!! Highly recommend!
jessica elston
jessica elston
2023-10-08
Walter was the absolute best! Definitely my favorite property manager.
Caleb Cole
Caleb Cole
2023-10-04
Very impressed! I called expressing interest in purchasing a home, and the gentleman I spoke with , Walter, was very kind and helpful. I would recommend them to everyone!!!!!
gabrielle williamson
gabrielle williamson
2023-10-04
I am very impressed with this company and everything they have done for me! Being a first time home buyer they answered all of my questions and explained the entire process without hesitation! Thank you Southern Bay Reality for making this process a little easier for me!
Pete Carter
Pete Carter
2023-10-04
Very impressed with the response time and professionalism exhibited by this company they worked around my busy schedule and provided me with everything I needed to know would recommend them to anyone who is looking to buy a home. No fine print no hassle.
Jacqueline Walden
Jacqueline Walden
2023-10-04
Southern Bay Realty is a standout in the real estate industry. Their commitment to returning calls promptly and their helpfulness in both buying and selling homes is unmatched. Working with them was a truly positive experience.
megan melom
megan melom
2023-10-04
Southern Bay Realty provided top-notch service during my recent home sale. Their commitment to returning calls promptly was impressive, and their guidance and support in the buying and selling process were invaluable.
M.A.C. production
M.A.C. production
2023-10-04
I had an excellent experience with Southern Bay while buying and selling my home. Their team was always prompt in returning calls and addressing any inquiries I had. Their helpfulness throughout the process was truly commendable. Their expertise and guidance made the buying and selling process smooth and stress-free. I highly recommend Southern Bay for their exceptional customer service and professionalism.

Ready to find out more?

Call or message us today to speak with one of our expert agents!

Property management
Property management

We are so thankful for Studio10 hosting us!

#1 Top-Rated Real Estate Company

#1 Top-Rated Property Management Company

We service ALL of Mobile & Baldwin Counties!

FIND US HERE:

Southern Bay Realty
1010 Schillinger Rd S, Ste A, Mobile, AL 36695, USA
251-227-8377