October 2009

There are 8 blog entries for October 2009.

Which Sarasota real estate brokers sell the most luxury homes?

Saturday, October 31st, 2009 at 3:52pm. 313 Views, 0 Comments.

Curious which brokers sell the most luxury properties in Sarasota, Florida? In the chart below you will find sales information of all properties sold in Sarasota county over the last 12 months starting at $1 million. This information is provided by Trendgraphix which compiles the data from our Mid Florida MLS system. A $950,000 penthouse on Siesta Key beach is considered luxury in my book. I used the $1 million starting price for ease. In a future blog post I will provide data for the $500,000 - $1 million range.

Visit my Sarasota luxury homes page to view thousands of great homes for sale in the Sarasota, Florida. We would be happy to help you buy or sell.

Broker

  Total Units
Market Share of Units Sold
 Total Sales Volume (000)
Market Share…

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5 Questions to ask yourself prior to listing your Sarasota home for sale

Friday, October 30th, 2009 at 10:14am. 257 Views, 1 Comments.

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1)    Am I motivated?

If you are not a motivated seller your house probably won’t sell. There is no question that the market is improving and buyers are active but traditional sellers must compete with the bank owned properties and short sales on the market. To compete with these properties you have to beat them in value. Buyers are cautious and will only buy value. Value and price are everything.

2)    Will I price it in line with recently sold similar properties?

The value of your home is based on the recent sale prices of similar homes in your area. If someone wants to buy your home there is a good chance they will get an appraisal on it. Your asking price should be in the same ballpark as the recently sold similar homes. If the 3 most recent sales were…

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Top 20 Sarasota Real Estate Brokers

Tuesday, October 27th, 2009 at 6:04am. 466 Views, 2 Comments.

Have you wondered what Sarasota Broker sells the most real estate? I pulled the information from Trendgraphix, Inc. and listed the top 20 real estate brokers in Sarasota county for the last 12 months.

 Broker
    
Total Sales by $ (000)      
 Total Market Share by $
         
 Michael Saunders Co.
     $722,481      19.80%
 Coldwell Banker RE      $464,535      12.80%
 RE/MAX Alliance Group      $337,089       9.20%
 Prudential Palms
     $200,585       5.50%
 Signature Sothebys      $177,317       4.80%
 Hunt Florida RE      $70,996       1.90%
 Keller Williams
     $67,122       1.80%
 RE/MAX Premier      $53,096       1.50%
 Century 21 Almar      $42,192       1.20%
 Century 21…

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Sarasota real estate update - September sales skyrocket as market approaches equilibrium

Wednesday, October 14th, 2009 at 2:31pm. 471 Views, 0 Comments.

Below is a press release from the Sarasota Association of Realtors for the September 2009 sales statistics.

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Real estate expert Barbara Corcoran listed Sarasota as the number one place in the nation to buy a property in her latest "hot market" prognostication. She cited the lower property prices - 30 percent below last year at this time - combined with a recent price surge of 13 percent in the last quarter, plus Sarasota's unique "metropolitan" cultural appeal for boosting this area to the top spot.

On the Oct. 6th Today Show, Corcoran said Sarasota was the top place to buy real estate in the nation today, an opinion shared by SAR and most area real estate professionals.

As a confirmation of Corcoran's report, home and condo sales…

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Sarasota Named #1 Best Market in the U.S. to Buy A Home!

Tuesday, October 6th, 2009 at 12:49pm. 759 Views, 0 Comments.

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Did you see the Today Show this morning? Good news for the Sarasota real estate market. Al Roker interviewed real estate guru Barbara Corcoran about the best U.S. cities to buy a home.She flat out said that this is the time to buy in these markets. Sarasota, Florida was listed as the #1 market in the U.S.! Watch the interview below.

In all honesty, Barbara said that prices were shooting up. That is not accurate. Prices are not going to shoot up. 

If I can help you buy or sell a home in Sarasota, Florida give me a call at 941.812.6272.

Visit msnbc.com for Breaking News, World News, and News about the Economy

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10 Things You Should Know About Working With a REALTOR

Monday, October 5th, 2009 at 2:31pm. 870 Views, 2 Comments.

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This is a continuation of my Homegain blog post. You can read the first 5 things you should know about working with a Realtor.

6. Don't Hire More Than One Realtor

This isn't Europe where there is no MLS system. In Europe home buyers have to hire several agents because there is not a central database of properties for sale. In the United States we have an MLS (multiple listing service) system where virtually all properties are located and it allows one Broker to sell another Broker's listings. This means you really only need to hire one agent that can access all of the properties for sale. Now, if you are looking in multiple cities you need to hire more than one agent but don't hire two or more agents in the same area. You are duplicating efforts and…

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Bay Island on Siesta Key

Monday, October 5th, 2009 at 6:48am. 452 Views, 0 Comments.

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3410 Flamingo Ave, Sarasota, Florida

Check out this magnificent home on Bay Island on Siesta Key. This is a 7 bedroom, 8 bathroom, 6,456 square foot waterfront home overlooking the Sarasota bay, downtown skyline and Bird Key. The views are breathtaking. This a great home for boaters as well. You could be pleasure cruising in the Gulf of Mexico or Sarasota bay within minutes. 

Visit 3410 Flamingo Avenue on Siesta Key to see more photos and Realtor remarks.

Bay Island on Siesta Key

Looking to live on the water? Take a look at Bay Island on Siesta Key. It is located just over the north bridge from Sarasota. This location allows for easy access off the island. Residents of Bay Island can hit all of the amenities of Sarasota, Florida within minutes. The…

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Sarasota Homes For Sale - October 2009 Update

Thursday, October 1st, 2009 at 3:35pm. 449 Views, 0 Comments.

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Things are looking up in the Sarasota real estate market. Activity is brisk and homes are changing hands quickly. Typically, September is a slow month but you wouldn't notice that from the sales volume in my office. Just a quick search on the Sarasota MLS shows that 987 properties sold in Sarasota and Manatee counties for the month of September. That is great news since 803 properties sold for the same time period in 2008. Prices have declined making it more affordable for people to own homes again in paradise. Recently, was recognized as the 2nd most undervalued cities in the United States. There are many Sarasota homes for sale that represent a fantastic value. If you want to retire to Sarasota or a second home in paradise this is a great time to…

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