Posts Tagged ‘ Realtor ’

Sarasota Real Estate 2010 Update

It depends on whether you were buying or selling in determining if the 2010 Sarasota real estate market was good or not. Buyers are probably very happy as prices have come down and seem to be holding steady in many segments of the market. While most sellers are probably kicking themselves for not selling sooner and for a higher price. What a difference 5 years can make. Like many other parts of the country Sarasota homes and condos were worth so much more in 2005.

From a Realtor’s perspective things were pretty good in 2010. The  Sarasota real estate market is liquid with a good supply of buyers and sellers. If you priced something competitively there was a strong chance the property would sell. Buyers still have plenty to look at and still have the leverage over the sellers. However, the supply of good properties is dropping and the buyers don’t have the control they once had as the market seems to be bottoming and as the inventory is being eaten up.

The chart below shows inventory, sales and pending sales for the last 5 years in Sarasota county.

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Posted by: Marc Rasmussen on February 9th, 2011 under HomeGain

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HomeGain Releases 4th Quarter 2010 Regional Home Values Survey Results

The national results of HomeGain’s Fourth Quarter 2010 Home Values Survey (conducted from December 1-7) of more than 1,000 real estate professionals and 2,300 homeowners revealed some significant regional differences.

Below are the regional results of the entire survey, categorized into four regions*, Northeast, Southeast, Mid-West and West.

Questions and Regional Results:

  1. Have home prices increased, decreased or stayed the same in the last year?
  2. On average, what do homeowners believe that their home is worth?
  3. How do buyers feel that homes for sale are priced?
  4. What is the average difference in price between what sellers believe their home to be worth and the amount at which the home gets listed?
  5. What is the average difference in price between what a home is listed at and what a home sells for?
  6. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  7. What percentage of homes for sale are foreclosures in your area?
  8. What is the average home price in your area?
  9. What percentage of your clients are first-time buyers?
  10. How do you think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on December 12th, 2010 under Home Prices, Home Values, Home Values Surveys, HomeGain, HomeGain Market Data

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3 Questions to Ask Yourself Before Going Part-Time

The economic downturn and housing crisis have been tough on many Americans, and some real estate professionals have been hit especially hard. I have talked to many real estate agents, appraisers, and mortgage professionals who went from busy to super slow in a matter of months.

There have been bright spots with sales motivated by the first time home buyer tax credit and a recent uptick in refinances due to record low mortgage rates, but the past couple of years have not been kind to many smart, driven, hard working, and experienced individuals in the real estate industry. Recently I have heard of more and more professionals say they have decided to or are considering scaling back their real estate work to part time and finding another part time job to help them stay afloat.

While I understand the thinking behind this, and admire the willingness to be flexible, I think it is important to really think through the following issues before wholly or partially giving up a profession you love and have seen success in.

3 Questions to Ask Yourself Before Becoming a Part-Time Realtor in a Tough Economy

  1. Will I be able to serve my customers well as a part-time agent?
    If not why would you ask a buyer or seller to stay with you? In this market you need something that sets you apart from everyone else – for the better. If another part time job means not returning phone calls or emails promptly, being unable to accommodate a client’s schedule for showings, and not giving 100% to the homes you have listed for sale and the home search for your buyers it’s not fair to you or your clients. It will also only mean more stress and anxiety for you as you feel that you are letting people down.
  2. Will I be poised to reenter the market full force when it improves?
    Most of us in the industry believe real estate values will begin to rise again, and that the market will pick up before too long. Call it the American spirit…or crazy optimism. When the market does rebound will you want to be right back in the thick of things? If you take a step back what will you do to keep your skills sharp, and to stay up to date on the market? How will you stay in front of your client and referral base so they know who to turn to when it’s time to buy or sell a home?
  3. Will my income be higher with two part time jobs?
    Sometimes the allure of a steady paycheck doesn’t translate to an actual increase in income. Consider what the part time position pays per hour. Do you see any opportunity to make some changes to your current business that would allow you to increase your income or decrease your expenses by that amount? Sometimes some creative thinking or focused effort will pay off more than moonlighting as a bartender.

If after thinking it through it makes the most sense for you to seek another position, first see if you can find something that is still related to the real estate industry. Your existing skill set will make you a great candidate potentially allowing you to bypass entry level jobs, and it will help you stay connected to real estate. Some examples include leasing consultant or property manager at an apartment or office complex, sales agent for a new home builder, relocation specialist for a large corporation, or even receptionist or administrative assistant for a real estate brokerage.

If you do set your sights outside the industry watch out for employment scams that are especially prevalent in this tough economy. Be wary of any position that requires you to make an up front investment.

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Posted by: Anna Platz on November 19th, 2010 under Realtor

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New ‘Home Search’ Tab on HomeGain Facebook Page

HomeGain just added a Home Search tab to its Facebook Fan Page.

Now fans can read the Wall tab for timely, interesting and relevant real estate articles and news, as well as visit the Home Search tab and start searching for homes for sale, get a home’s value, and find a Realtor®.

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If you are interested in the HomeGain Blog’s weekly email that alerts you of new posts, subscribe.

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Posted by: Jessica Gopalakrishnan on October 28th, 2010 under Blogging and Social Networking

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HomeGain Inducts 18 Agents Into Its AgentEvaluator Clubs

Today HomeGain announced that it is inducting 18 AgentEvaluator® Find A Realtor® club members, bringing the total to 73 inducted agent members this year — and whom together have earned over $6.8 million in gross lifetime real estate commissions. Read the press release.

HomeGain last inducted 27 members into its clubs in July, and is now inducting an additional 18 members (see below for club agents’ names):

  • 5 new HomeGain Platinum Club members (totaling 369 agent members who have earned $125k or more in gross real estate commissions from HomeGain leads)
  • 7 new HomeGain Gold Club members (totaling 303 agent members who have earned $75k or more)
  • 6 new HomeGain Silver Club members (totaling 260 agent members who have earned $50k or more)

“We are pleased to induct these new club members and highlight their remarkable level of achievement,” stated Louis Cammarosano, General Manager at HomeGain.

HomeGain has 26 agent members in its Diamond Club (who have earned more than $500k in gross commissions) and two members in its Million Dollar Club (who have earned more than $1,000,000 in gross commissions).

HomeGain AgentEvaluator Award Club members have earned over $100 million dollars worth of real estate commissions since 1999 when HomeGain was founded. Award Club membership has grown to include 960 HomeGain members.

Newly inducted agent club member comments:

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Posted by: Jessica Gopalakrishnan on October 26th, 2010 under AgentEvaluator

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Aloha to New Guest Blogger Alex Cortez

Please give a warm aloha welcome to new guest blogger, Alex Cortez of Hawaii Life Real Estate Services LLC.

Alex is a Realtor® who specializes in high-end property sales in south Maui.  He also contributes to the Bloodhound Blog and BiggerPockets, and is an active participant, sometimes moderator, at Agentsonline.net, Realestateforum.com, and RealEstateWebmasters (REW).

An online marketing and SEO enthusiast, his expertise lies in strategic marketing campaigns and client representation.

We look forward to reading Alex’s posts!

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Posted by: Jessica Gopalakrishnan on October 1st, 2010 under Guest Bloggers

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