Unfinished Homes: What Every Buyer, Investor, and Agent Should Know

Unfinished Homes: What Every Buyer, Investor, and Agent Should Know

This event is brought to you by:SWFL REIA

When:

Where:Three Fisherman Seafood Restaurant , 13021 N Cleveland Ave North Fort Myers, Florida 33903

Cost:$45

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Jeff TumbarelloPro Member
Real Estate Broker · Fort Myers, FL · Member since 2008 · 1k+ posts · 323 votes

Unfinished Homes: What Every Buyer, Investor, and Agent Should Know



When: 2/18/2026

At this month’s meeting

Speaker

Dylan Curry, Synergy Homes, Division Manager

This session isn’t theory. It’s real-world insight from a builder actively operating in the exact conditions today’s buyers, investors, and agents are facing.

Why This Topic Matters — and Why Synergy Homes

Unfinished and partially completed homes are becoming more common in today’s market as projects stall due to financing changes, contractor issues, rising insurance costs, and shifting demand. These properties can present real opportunities—but only if you understand the risks, code requirements, permitting realities, and true cost to completion.

Synergy Homes brings deep, hands-on experience in navigating unfinished construction. Their team has stepped into projects at every stage—from slab and dried-in shells to near-completion homes—working through permit transfers, inspections, code compliance, insurance hurdles, and lender requirements to bring properties across the finish line the right way.

In a market where distressed construction, builder walk-aways, and “half-built” inventory are quietly increasing, this knowledge is no longer optional. It’s critical. Synergy Homes’ practical, boots-on-the-ground experience offers a clear framework for evaluating unfinished homes, avoiding costly mistakes, and understanding when a deal actually makes sense—and when it doesn’t.

Schedule of events for the SWFL REIA General Meeting.

  • 5:30 Doors Open/Networking
  • 6:30 Program Begins with a Mastermind Session about the current market and deal engineering.
  • 6:45 Featured Speaker begins.
  • Members get in FREE!
  • Non-members: $45 at the door
  • Enjoy light bites, self-serve non-alcoholic drinks, and a cash bar to keep the networking flowing.
  • Become a member today! 
    • Address: 13021 N Cleveland Ave, North Fort Myers, FL 33903
    • Please email [email protected] to RSVP
    • Non-Members are $45.00
    • Free for SWFL REIA members
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  • Real Estate Broker · Nationwide · Member since 2024 · 6 posts · 1 vote
    8mo

    Jeff,

    This is happpening in the current market but I also imagine it's a huge problem for sellers. I have seen some of the properties sit on the MLS for years. Worse yet, it seems like the seller want to capture the losses by selling to someone new or waiting the market out.

    *** I think that's why the properties sit for so long.

    New investors coming into the real estate industry have to really focus on correctly evaluating the properties and negotiating with sellers who price them closer to market valuation. I am working on several of these properties now where the seller has allowed years to pass without doing anything to the property.

    If the intent is to purchase the "less than perfect" homes, price the cost of everything and pad a bit in case the unexpected expense occurs. State the reason you are priced into the house with itemization of cost and negotiate...negotiate....negotiate. More than one offer on a single property is perfectly fine!

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