DaVinci Realty Group is a full service real estate office serving Broward County and all of South Florida. We specialize in amazing foreclosure deals, short sales, rental properties, and selling your home efficiently. Our deep knowledge of the local market coupled with our costumer-focused service model and marketing abilities make us the standout choice for anyone looking to buy or sell real estate in South Florida, especially during this turbulent time in the Real Estate market.
DaVinci was formed in 2008, when broker / owner Vincent Clancy decided to embark on a new venture to directly address the opportunities in foreclosures that were uncovered by the real estate crisis. Prior to that, Vincent had been handling the sales and marketing of custom-built luxury homes in Broward County for many years with great success and local recognition.
Vincent shifted the company focus toward buying discounted lenders notes and working with investors and buyers to take advantage of the real estate opportunities made available by the ‘era of bad news’. His perspective unleashed a wealth of very good news for people who are able to match Capital with the unprecedented opportunity in the distressed real estate market. As such, DaVinci Realty Group was born.
DaVinci will address all of your real estate needs from top to bottom, with our strong commitment to customer service and deep market knowledge paving the way to your satisfaction. Below is an overview of our services. For more information on any given point of focus, just click through to the full service descriptions.
[tabs slidertype="left tabs"][tabcontainer] [tabtext]Foreclosure Sales[/tabtext] [tabtext]Short Sales[/tabtext] [tabtext]Rental Properties[/tabtext] [tabtext]Selling Your Home [/tabtext] [/tabcontainer] [tabcontent] [tab]DaVinci Realty Group specializes in buying amazing foreclosure deals directly from the Broward County Auction. We do all the research to make sure you get a clear title, taking the stress and worry out of the process. We buy at the auction with cash, and pass the savings along to you! Read more…[/tab] [tab]DaVinci can handle the short sale process on your property from top to bottom. You may need to consider a short sale if your loan is higher than the current value and you can prove a hardship. We can close in 90 days or less in most cases! Read more…[/tab] [tab]DaVinci offers the best rental properties in Broward County. If you’re looking for a wonderful property to rent at a great price, we have you covered. We know the area from top to bottom, and our agents will find you the perfect rental to fit your needs. Read more…[/tab] [tab]DaVinci Realty Group has the experience and skillset you need to sell your home as quickly as possible in this market. Our team is well-armed with a vast array of marketing tools designed to get your home seen and bought efficiently. Get in touch today to get started! Read more…[/tab] [/tabcontent] [/tabs]
About Vincent Clancy
A Media Story By Alex Vaughn
Vincent Clancy, Founding Partner of the Davinci Group, has had a remarkable life, having travelled and spent many years in the automotive industry. He is now turning foreclosures and short sales in the property market into a thriving business. His contributions to the real estate for the community have been ahead of the economic game, from multi-million dollar waterfront homes in the boom to short sales in the crashes. Here is his story.
Vincent Clancy was born in 1959 in Westminster, California, near Disney-land, into a large Irish family of 8 boys and 1 girl. His family relocated to the San Francisco east bay area where Vincent attended High School at San Ramon Valley High in Danville, California.
His father owned and operated a concrete pumping contracting business still in operation today by one of his brothers. Vince’s Father’s company poured the underwater concrete tube for the BART trains to run through between Oakland and San Francisco under the San Francisco bay. His mother ran the family business from home and took care of the kids.
At the age of 17, Vincent took a trip to Hawaii and Maui with his best friend and loved it. “He said I will be back to live here someday”. It turned to be true. At the age of 18, he moved into his first apartment in Walnut Creek, California. A year later, he decided to move to Los Angeles. Vincent had a best friend growing up whose dad was a full-time Realtor© and was told at the age of eight, ‘you could sell ice to Eskimo’s you would do well in real estate boy.’ It turned out to be a good assessment.
In 1979, Vincent was working as a parts manager of an independent Volvo service and body center in Beverly Hills. He bought his first foreclosure in 1980. He convinced the lender to approve his loan by driving to Orange County to the lender’s head office and speaking with the lady who was handling the loan directly. Not possible in today’s crazy lending maze. He bought his second home in 1983 in the Hollywood Hills near the famed Mulholland Dr.
Since interest rates were 21 percent on home loans, he arranged owner financing with the seller and moved in. In that same year, he partnered with one of his coworkers and opened his own service center in LA.
“We bought 10,000.00 square feet of land on the busiest traffic corner in all of LA and modified a warehouse to fit the of the service center needs,“ he says. It was not a good time for the economy and his plan worked out well for the business, tripling in revenue in one year offering better service at lower prices than the big dealerships.
In 1985, Vincent moved to Honolulu with three mechanics, their families, a dog and two canaries plus all kinds of equipment to open a service center in Hawaii. Vincent bought an existing Porsche repair business and renovated and expanded it.
It became the largest independent repair service and parts company for exotic cars on the islands. He lived in Manoa on the island of Oahu. In 1991, his lover of 12 years passed away. It was the end of an era, a chapter had closed. He sold his business that year to help pay medical bills and take time to recover from the huge loss. In 1992, he was hired by GM to open new car dealerships for a line of cars called Saturn, a completely new American car. He went to Tennessee for culture and product training.
He was transferred to Sacramento, CA, and then to San Francisco to open new Saturn dealerships in those markets. At that time, it was taking Saturn dealerships 18 months to turn a profit. There were no Saturn’s on the road yet. No service or repairs needed. Vincent came up with an idea that Saturn would be the family one-stop service center for all the family cars, no matter the make or model. He started accepting ALL PRINTED COUPONS FROM ANY COMPETETOR. The Idea was not received well by the brass of GM, but it worked; the service and parts and body centers started showing profits running in the black in 90 days of opening. He was honored at an annual banquet in San Francisco in front of 800 of his peers. It was an idea that worked, yet again. Vincent proved his instincts were ahead of the game.
In 1994, he was burnt out on 14 to 17 hour days at Saturn (they wanted him to open 18 more stores). He was missing the islands terribly and his real passion for real estate. He left Saturn and moved back to Hawaii, where he started buying and selling pre-foreclosures.
He saw the Hawaii real estate market overheat and was watching it crash; the Japanese invasion was over. Huge Japanese banks were failing, property values dropped 40 percent. He studied other areas and had an interest in San Diego – the economy was not good in the early 90’s. He felt San Diego was ripe for a turnaround from the loss off the shrinking military cuts of the late 80’s that caused their economy to take a hit. In 1995, he went forth, followed his instincts and moved to San Diego and started buying real estate. It proved the right move.
In 2005, Vincent got his real estate license and was successful at selling multi-million dollar waterfront homes from the start.
In 2007, he met with a local builder of luxury homes and told him he felt a Japan/Hawaii crash was in the works and asked for all of the 130 listings worth over 100 million dollars. He told the builder he needed to drop prices and sell out of his inventory in six months to survive. He mentioned Lennar homes as an example. Vincent felt he had seen this crash before. He told the builder banks would fail before this is over. The builder laughed out loud at that notion, but gave Vincent all his listings; the builder and his wife, however, refused to lower prices. Wachovia cut their credit line and then Wachovia itself went under.
In 2008, Vincent got his broker’s license and DaVinci Realty Group, Inc., was born. With agent Dalia Baciulyte, the name came from her first two letters and Vincent’s first four letters (yes, a real DaVinci Code!).
Together, they have sold over 20 million dollars in real estate in a declining market since 2008.
In 2009, Vincent saw banks willing to take huge discounts on the loans to the builder to cash them out, 20 cents on the dollar in some cases! Vincent knew at that moment he needed to change his business model and buy distressed properties and sell them to the buyers who are looking for great deals. Dalia and Vincent went to the Broward County courthouse foreclosure auctions to get the deals they were looking for. Instincts won out again.
They are always expanding their reach into fast track short sales and buying notes directly from lenders holding distressed paper. “Bad news is VERY GOOD news for those that know what to do with it,” Vincent states.
Vincent’s newest idea he is working on is to start a regular blog on his website, www.davincirealtygroup.com, to educate and inform the public of the ever-changing landscape as it relates to foreclosures and short sales and investment opportunities for the general public.
He is finding many people are just not informed, or worse misinformed. He hopes that this free forum can help people make informed choices about their own situations.
He has opened a second office at 18 E. Oakland Park Bl. and his Vice-President Steven Eres, has come on board since June 2011 to help run his offices as he expands another successful business model.
DaVinci Realty Group
2364 Wilton Drive
Wilton Manors, FL 33305