April 2010 
There are 2 blog entries for April 2010.
Sarasota Real Estate Sales up 56%!
Thursday, April 15th, 2010 at 11:46am. 327 Views, 0 Comments.
The March 2010 report is out! Sarasota real estate sales were up 56% from March 2009! It looks like we are approaching equilibrium in the Sarasota real estate market. The single family home inventory is now at 7.2 months. Last month we were at 10.6 months. This is a drastic drop in one month! 753 property sales were recorded with 1,060 pending sales! Pending sales were up 30% from March 2009. This is very encouraging. The median sales price for Sarasota single family homes increased 13.3% from last month to $170,000. The median sales price for condos increased 24% from last month to $210,000. Foreclosure and short sales dropped to 41% of the overall sales for March 2010. Last month distressed sales recorded were at 47%. I am sure we will…
Buyer Representation
Wednesday, April 7th, 2010 at 11:23pm. 341 Views, 0 Comments.
Buyer representation as a single agent is much different than acting as a transaction broker with limited confidentiality in a transaction. What kind of representation are you looking for when you hire a true buyer's agent? Do you want undivided loyalty, obedience, reasonable care and diligence, FULL confidentiality, FULL disclosure, and accounting? Is this the type of representation you seek? Hiring a qualified Accredited Buyer Representative is the the type of agent you will need in your next real estate transaction if you are looking for an agent with the above fiduciary duties. Do you know the difference between a transaction broker and a single agent when it comes to representation in a real estate transaction? It is presumed that an agent is…
