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Sarasota Real Estate Blog

 

This November 25, we want to share Small Business Saturday® with you! It’s a holiday shopping tradition that celebrates small businesses like ours. And it wouldn’t be a celebration without our members like you joining us.

We are asking our members to send us your deals or specials running on Small Business Saturday to communications@sarasotachamber.com and we’ll keep a running list of our members participating below and share them on social media!

So mark your calendar for November 25 — the Saturday after Thanksgiving — and get ready to Shop Small® with us. Grab a friend or family member and stop by to support our local small business members participating on the big day.

You can help get the word out and celebrate Small Business Saturday by

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From upscale dining to a backyard buffet, here’s where you can eat turkey and more Thursday in the Sarasota and Bradenton Area! Perhaps your turkeys have been known to arrive on the table drier than the one served in “National Lampoon’s Christmas Vacation.”
Or, you cook for a living and the last thing you want to do is spend your holiday in the kitchen.
Maybe you’re flying solo this year, or it’s just the two of you, and making a big spread of food just seems silly.
Regardless of your reasons, there’s nothing wrong with going out for Thanksgiving dinner.

Here are six great local restaurants serving the traditional feast. Reservations highly recommended.

 

1. Arts & Eats Restaurant and Gallery

1114 12th St. W.,

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Since 2005, Florida Realtors has released an annual study on international real estate activity in Florida. Conducted by the National Association of Realtors (NAR) Research Group, it attempts to understand the interaction of members with international clients, the challenges and opportunities they face serving foreign clients, and the characteristics of foreign buyers who purchase Florida property.

The 2017 Profile of International Residential Real Estate Activity in Florida covers the 12-month period of August 2016-July 2017 and includes info on U.S. clients seeking to purchase property abroad.

The survey considers only residential purchases in the state.

Survey Highlights:

1. Florida Residential Property Purchases by Foreign Buyers

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Although it’s not exactly the same scenery you’ll find in New England, Florida actually does experience a fall season (some areas more so than others). It’s not true that we can’t enjoy fall just because we live in Florida. The fall season in Florida goes beyond just changing leaves (or lack thereof):

1. We finally get a break from the lawnmower.

In fall, the grass finally stops growing like crazy, so you can finally miss a weekend without your yard turning into a jungle.

2. Temperatures may not fall much, but any little bit counts.

It's still pretty hot out during our fall season, but at least it becomes a little less humid, and you begin to see that cool weather is around the corner.

3. We may not have chilly fall weather, but we have

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Having a basic understanding of important real estate concepts before you start the homebuying process will give you peace of mind now and could save you a fortune in the future. Here are ten real estate terms you should know before you start looking for a home. 

1. Buyer’s Agent vs. Listing Agent

There are usually two agents involved when you buy a home; the “buyer’s agent,” who represents you, and the “listing agent,” who represents the home seller. Dual  agency is when there is only one agent representing both sides of the transaction, and it is something you want to avoid at all costs!

*FACT: When buying a home, you don’t pay your real estate agent - they’ll get a commission from the home seller. 

2. Fixed Rate vs. Adjustable Rate

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U.S. News and World Report has named #Sarasota as the #1 City for Retirees. They collected data and analyzed 100 US Metropolitan areas and Sarasota reigned the winner. What drove this determination in rank you ask?  The 2018 Best Places to Retire were determined based on a methodology that factored in measures including housing affordability, desirability, retiree taxes, the happiness index, job market and healthcare quality. These measures were selected and weighted based on a public survey of pre-retirees (age 45-59) and retirement-age (age 60+) individuals across the U.S to find out what matters most when considering a place to retire. Data sources include the U.S. Census Bureau, the Bureau of Labor Statistics, as well as U.S. News rankings of the Best

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SARASOTA, Fla. (September 20, 2017) –

Compared to August 2016, the latest market report shows an increase in closed sales, median prices, and inventory for single family homes, while condos in the two-county area reported an increase in closed sales and pending sales. The August 2017 data was compiled from My Florida Regional Multiple Listing Service by Florida Realtors®.

Closed sales for single family homes increased by 6.9 percent from August 2016 in the two- county area. As for condos, closed sales also improved slightly from last year, with an increase of 0.8 percent. Combined, closed sales climbed from last month with a 6.4 percent increase to 1,819 sales in August.

When looking at closed sales thus far in 2017, sales are higher

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With online leads and referrals accounting for a huge part of the real estate business, it’s important to set up measures to ensure you’re building a great relationship with your prospects and clients from the very beginning. We’ve put together 3 tips to help you build better client relationships that will ultimately help you close more deals.

1. ESTABLISH COMMUNICATION PREFERENCES

As part of the initial onboarding process with your new client, set expectations for how they prefer you communicate with them. Millennial client? Maybe they prefer text messaging over calling. Others may only prefer to talk over the phone or via email. Asking them for their preferences demonstrates that you care about the details and want to provide them with the best

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 Contractors may be your client’s go-to person during a home renovation. To ensure things go smoothly, realtor.com® warns of a few phrases homeowners should never say to the contractor, including:

1. “I’m not in a hurry.”

 Don’t put too much or too little pressure on the contractor. If the work is Time sensitive than tell them! At the same time, set perameters and realistic deadlines. Time is often money and convenience.

2. “We had no idea this would be so expensive.”

Nothing is worse than having to write a check to a contractor ABOVE the expected amount. How about how the contractor feels? They put in all the time and effort into the project with an expectation of being comensated. The money talks need to occur PRIOR to any work being

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When a luxury Buyer is Home shopping, their wants and needs will be different than the average consumer. In most cases, money is not the factor or the primary focus. Most Luxury Buyers are using Cash or Investment lines of credit to purchase the home.

What is a “Luxury Buyer?”

Florida LUXURY Real Estate Buyers tend to be self-made, and they own approximately four homes each. Their primary Florida Home is typically worth $9 or $10 million! It is a fact that wealthy people have significantly increased over the last few years. The number of wealthy people has almost DOUBLED within the past 5 years in Sarasota alone. Not to mention, those at the top tier above the wealthy has increased by 53%. Rich people are wealthier than ever.  So, when you are a

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