Top 5 Reasons To Use A Sarasota Realtor

October 1st, 2015

Top 5 Reasons To Use A Sarasota Realtor

In the current market, homes are selling fast and prices are rising. Here are several reasons why you should reconsider selling your home on your own as a For Sale by Owner (FSBO) and instead using a Sarasota Realtor.

Here are five reasons:

1. There Are Too Many People to Negotiate With

If you decide to For Sale By Owner, here are some people you will have to prepare to negotiate with.

  • Buyers that want the best deal they can get
  • Buyer’s agent who are there for the best interest of the buyer
  • In some parts of the country, the buyer’s attorney
  • Home inspection companies that will most likely find problems with the house
  • If value is questioned, the appraiser

 2. Exposure to Prospective Purchasers

According to a recent study, 88% of buyers look online for a home while only 21% look at newspaper ads. Most real estate agents know how to strategize to promote the sale of a home. Would you know how to promote the sale of your home? Every Sarasota Realtor has a definite internet plan to help to push your property out to the masses as soon as possible.

3. Results Come from the Internet

Where did buyers look for the home that they purchased?

  • 43% were found on the internet
  • 9% were from a yard sign
  • 1% used the newspaper

Nowadays you have to have have a strong internet strategy when selling your home because the days of putting up a sign or putting it in the newspaper are gone.

4. FSBOing has Become More and More Difficult

As industry disclosures and regulations have become mandatory, the paperwork that is involved in selling or buying a home has severely increased.

5. You Net More Money when Using an Agent

Sometimes, homeowners think that by selling their own home they can save the real estate commission. This is the main reason why buyers look at FSBOs. They think that they also can save the real estate agent’s commission.

According to studies, the typical home sold by the homeowner sells for $208,000 while the same home sold by an agent sells for $235,000. This shows that trying to sell your home on your own might not make that much sense.

Bottom Line

Remember you might want to consider meeting up with a Sarasota Realtor before you decide to sell your home on your own.

Is Renovating An Underwater Bradenton Home Smart?

September 24th, 2015

Is Renovating An Underwater Bradenton Home Smart?

If it seems like you’re going under and you feel the need to sell your home, you may think that all it takes is a renovation in the kitchen or bathroom. Does it make sense to invest money into a home that you owe more on your mortgage than it’s actually worth?

If you’re wondering if you should renovate your Bradenton home that is going underwater, you should take these factors into consideration.

Your Situation

First think about what your home is currently worth. You also want to take into consideration how much the renovations are going to cost you and what your home’s expected value will be after you make improvements.

While some improvements on your Bradenton home could result in an increase in a home’s value, most do not. If there are minor issues that are decreasing your chance of selling your home, they can easily be fixed and will be worth it. Things like overgrown trees in the front yard or paint chipping in the bedrooms can be fixed to increase the chance of your home selling for a more attractive price.

You should be careful though because you may not get as much value from renovations as you expect. For example, one of the lowest return on investments are kitchen remodels. Zillow CEO Spencer Rascoff and Chief Economist Stan Humphries stated that “Every dollar you spend on acquiring a new kitchen only increases the value of your home by fifty cents.”

Your market

You need to think twice about remodeling if you live in a market where prices have decreased so much that not even a renovation could increase your home’s value.

If you live in a market where buyers tend to have higher expectations where renovations are valued, then renovations might be worth it.

Your financial condition

If you have decided to take out a loan to pay for renovations, there are many loan options that are available to you. You will have to think about how much debt you already have and if you can take on the new debt from the renovations. 

Although renovations on an underwater Bradenton home can be risky, make sure you research all the options that are available to you before you make any decisions.

Why The Hesitation Towards Selling Your Sarasota Home?

September 17th, 2015

Why The Hesitation Towards Selling Your Sarasota Home?

Last month, the National Association of Realtors (NAR) disclosed that housing inventory was down almost 5% from the same time last year. In addition, the month’s inventory of homes for sale stood at 4.8, which is far below the six months necessary for a normal housing market. So what is the reason for all of the hesitation towards selling your Sarasota home?

The recently released Homeowner Sentiment Survey proposes that the American homeowner may not be completely conscious of the opportunities that exist in the present real estate market. The survey also reports that many homeowners would consider placing their homes for sale if they were more knowledgeable about today’s market.

Why are potential sellers hesitating? Here are a few of the problems that potential sellers worry about, according to the survey, along with further information about the reality of the current market.

1. Only 6% of potential sellers believe that listing inventory has recently gone down.

In reality, inventory has decreased from last year.

2. 80% think credit scores make it hard to get a loan.

In reality, most loans are acquired from those with credit scores lower than 780.

3. 76% believe tough lending requirements make it harder to get a mortgage.

In reality, the Mortgage Credit Availability Index shows lending standards have been loosening up over the last year.

4. 68% think that current homeowners are unable to sell their homes.

In reality, a recent Fannie Mae study disclosed that 32% of Americans are significantly underestimating the ability of their homes to sell.

What’s the answer?

Every homeowner should feel confident when buying or selling. In order to feel confident, they need to truly understand their options and opportunities. Education and knowledge are essential in today’s market. Selling your Sarasota home is not an over night success, but having the right real estate team behind you can make all of the difference!

Top 5 Reasons To Buy A Sarasota Home

September 10th, 2015

Top 5 Reasons To Buy A Sarasota Home

We’ve reported several times that the popular dream of purchasing and owning a home is still realistic. Each buyer has different reasons for desiring homeownership, but there are many basic similarities.

Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University, talked about the top 5 financial benefits of homeownership in his paper –The Dream Lives On: The Future of Homeownership in America.

Here are the five reasons why owning a Sarasota home is the right move.

1.) Housing is an investment.

“Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a 20% down payment results in a leverage factor of 5 so that every percentage point rise in the value of the home is a 5 percent return on their equity. With many buyers putting down 10% or less, their leverage factor is 10 or more.”

2.) Whether you rent or own, you’re paying for housing.

“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.”

3.) Owning is a form of “forced savings”.

“Since many people have difficulty saving and have to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings to another day.”

4.) There are significant tax benefits to owning.

“Homeowners are able to deduct mortgage interest and property taxes from income. On top of all this, capital gains up to $250,000 are excluded from income for single filers and up to $500,000 for married couples if they sell their homes for a gain.”

5.) Owning is a protection against inflation.

“Housing costs and rents have tended over most time periods to go up at or higher than the rate of inflation, making owning an attractive proposition.”

Bottom Line

Homeownership makes sense for many Americans for a variety of reasons. It also makes sense financially. If you are considering buying a Sarasota home this year, contact us today to help make the buying process that much more simplistic.

Multiple Bradenton Houses Sold Yesterday! Will Yours As Well?

September 2nd, 2015

Multiple Bradenton Houses Sold Yesterday! Will Yours As Well?

Some homeowners are still waiting to sell their home but have not gotten the offer they have been hoping for. If the house hasn’t sold yet, they might want to take into account that the home might not be priced properly.

15,315 homes sold yesterday and 15,315 homes will sell today and tomorrow.

According to the National Association of Realtors’ (NAR) latest Existing Home Sales Report, 15,315 is the average number of homes that sell every day in the United States

NAR reported that the sales of homes are at an annual rate of 5.59 million. If you divide that number by the number of days in a year, you can see that that is 15,315 homes that sell on average.

According to the same report from NAR, there is currently only a 4.8 month supply of inventory available for sale.

This shows us that there are not enough homes on the market for sale to satisfy the buyers what are in the market now in record numbers.

Bottom Line

If you want to get the fair market value for your home, you may want to reconsider your current asking price. Selling Bradenton houses is never an easy thing to do and having a real estate professional is the best way to complete this transaction. Feel free to call the experts in selling Bradenton houses today for a free CMA on just how much your home could be worth. With the market moving the way it is, we are here to help you as soon as possible to make the transaction that much simpler.

Top Tips for the Do It Yourself Sarasota Mover

August 27th, 2015

Top Tips for Do It Yourself Sarasota Movers

Moving can be stressful, especially if you’re taking the DIY route. Make sure to have these 10 supplies ahead of time to make packing as easy as possible. Being a Do It Yourself Sarasota Mover can be taxing, but with our help you will be packed and in the new house in no time.

1. Boxes: Heavy-duty, wardrobe & specialty

While some hand-me-down boxes are okay, you’ll also want to invest in new heavy-duty boxes specially made for moving. These kinds of boxes can easily house mirrors, artwork, and your wardrobe.

2. Packing tape

Packing tape can be expensive, but it’s worth it. Cheap tape is often flimsy and unreliable.

3. Moving blankets

These are mostly to protect furniture from jostling around in the moving truck. The more blankets you have on hand the better, so ask friends or family for extra, or visit a thrift store.

4. Stretch plastic wrap

A roll of mover’s stretch plastic wrap that seals to itself is invaluable on moving day. Use it to bundle boxes together, keep plastic bins closed, hold rugs rolled, and keep cabinet doors in place.

5. Bubble wrap

Bubble wrap is useful for keeping breakable plates and bowls secure inside boxes. Use small bubbles for more fragile items and larger bubbles for larger items.

6. Packing paper

Packing paper is a thin, flexible paper that is unbeatable for filling in boxes to keep items from shifting. You can use it much like bubble wrap for less-fragile items.

7. Paper towels

Not only are paper towels useful for spills, but they also can be a packing tool. Stuffing paper towels inside fragile vases or mugs will help keep them protected.

8. Carpet protection

Mover’s carpet protection film is a good investment. When you add in a muddy, wet or snowy moving day, carpet protection is essential.

9. Easy moving sliders and/or a dolly

When you’re moving by yourself, those little disks that you place under furniture to move it across the floor without lifting can be a major lifesaver. You’ll be able to make fewer trips and save yourself a lot of muscle pain.

10. Utility knives

A few high-quality utility knives within arms’ reach are a necessity.


The next time you decide to be a Do It Yourself Sarasota Mover, take these ten tips to heart and make the move that much simpler.


Why Americans Buy Bradenton Real Estate

August 20th, 2015

Why Americans Buy Bradenton Real Estate

We frequently talk about the financial reasons why purchasing Bradenton real estate is a positive thing. But often, the emotional reasons are even more influential. The Joint Center for Housing Studies at Harvard University performs a study every year asking participants for the most important reasons to buy a home.

1. It means having a comfortable place to raise children & provide them with a quality education.

From the best neighborhoods to the best school districts, many keep this in mind as a major reason for choosing the location of their home.

2. You have a safe structure for your family.

Comfort and security are high on the list, which is no surprise.

3. It allows you more space.

Whether your family is expanding, or an older relative is moving in, it’s always important to have plenty of space.

4. It gives you complete control.

Having your own home allows you to do whatever you want in regards to renovations, appliance upgrades, or deciding to adopt a pet.

5. Owning a home allows you to build wealth.

Owning a home is a great financial investment.

Bottom Line

Whether you are a first time homebuyer looking to purchase Bradenton real estate or you’re moving to a new location, now is a great time to consider the reasons you should buy a home.

How To Find A “Good School” in Sarasota

August 20th, 2015

How To Find A “Good School” in Sarasota

We all know that parents want to send their children to the best school possible, which often plays a role in where they will purchase a home. Parents will pay hundreds of thousands more to live in an area with a good school. To determine what Sarasota school may be best for your child, follow these steps:


1. Find Out What Kind of Learner Your Child Is

Learning style varies from child to child. Some are visual, some learn in groups, some focus better on their own. Though one school may not focus entirely to one learning style, you may be able to find a school whose approach works best with your child. Be sure to speak with the principle and teachers about how they can accommodate your child’s needs.

2. Make sure the school has the basics

Look into things such as class size, student-teacher ratio, and test scores. These are the best factors for determining a school’s foundation. This foundation is necessary to build and set goals.

3. Look into more than Academic Development

Experts say that holistic education, such as moral, emotional, physical, and psychological development should be focused on as well. Students are more equipped for success when they are taught empathy, self-motivation, and adaptability.

4. Focus on Creative Learning

Creative thinking is becoming more essential to finding a job in today’s workforce. A good school should work to foster skills such as creativity, collaboration, communication, and critical thinking. Look for schools with highly developed extracurricular programs. These programs will help develop diligence, creativity, and quick thinking.

5. Consider Up-and-Coming and Lower Ranking Schools

Flocking to the popular and well-known schools may contribute to problems with overcrowding and wait-listing. Track the progress of developing schools to see if they may be a great fit.

6. Research Alternatives to Public Schools

Charter schools and magnet schools are great free alternatives to public schools. These schools may infuse their activities and teaching with a specific emphasis, such as multiple intelligence learning.

7. Feel Out the School’s Vibe

Go visit the school as much as possible. You may learn that factors such as test scores may not be as important as you thought. Experience the school before making a decision.


Finding a good Sarasota school is hard work, but be sure to focus on what is important to you. Do your homework and make time to visit the schools in your area and you were surely find the perfect fit for your child. This will play a large part in where you purchase your next Sarasota home. Be sure that you pick the school district right the first time to make the most for your children’s future.

What To Know About The Sarasota Mortgage Process

August 13th, 2015

What To Know About The Sarasota Mortgage Process


Some Highlights:
-According to Freddie Mac, 40% of buyers are putting less than 10% down
-Stick to your budget
-Be aware of your credit score
-Consult a professional to assist you with the process


Price Your Bradenton Home For Sale Right

August 6th, 2015

Price Your Bradenton Home For Sale Right

When you are looking to sell your Bradenton home, pricing the property is one of the biggest challenges in today’s market where demand is outpacing supply in many regions of the country. Many agents go along with the idea of pricing sellers’ homes higher than recommended to keep their clients happy. The best agents realize that what’s more important than getting the seller to like them is telling the homeowner the truth.

There is no “later.”

Sometimes sellers think that if their home doesn’t sell for the high price they choose, they can always lower it later. Research has proved that the opposite is true. Homes that go through a listing price reduction sit on the market longer and end up selling for less than  a similar Bradenton home.

In the article by John Knight, recipient of the University Distinguished Faculty Award from the Eberhardt School of Business at the University of the Pacific,who researched the cost to a seller who priced high at the beginning and then lowered the their price, it revealed:

“Homes that underwent a price revision sold for less, and the greater the revision, the lower the selling price. Also, the longer the home remains on the market, the lower its ultimate selling price.”

Also, the approach of lowering the price later can create a negative image in buyers’ minds.

When a price reduction happens, buyers naturally think that  something could be wrong with the house. This results in a buyer making a low-ball offer because they see the seller as highly motivated. These challenges can be eliminated by pricing the house right from the start.

Don’t build “negotiation room” into the price.

Some sellers price their Bradenton home high because they want to have room to negotiate. This actually lowers the number of potential buyers who see the house. If you limit demand like this then it could have a negative impact on the sales price of the house.

For example, if a buyer is looking for a home online, they type in the price range that they are searching for. If they are searching for a home between $200K-$250K and the seller is looking to sell their house for $250K but is listing it as $300K then potential buyers won’t be able to see the listing!

Below is a chart that will help you see this. If you price you Bradenton home higher than its market value, less potential buyers will see your home when searching.


The best strategy would be to properly price the house from the very beginning and that will bring in multiple offers. This will also force buyers to compete against each other to purchase your house. This will result in a better selling situation because instead of receiving only one offer, you will have more than one offer with buyers fighting to please you.

The Price is Right

You have to truly understand the real estate dynamics in your neighborhood to know what consists of great pricing. Contact your local real estate agent today so that they can take the time to explain what is currently happening in the housing market and how it applies to your home.