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Sarasota-Bradenton Real Estate Market: May 2015 sales continue record pace

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Realtor® Association of Sarasota and Manatee, "[t]he residential real estate market in May 2015 for both Sarasota and Manatee counties continued to produce near-record sales, pointing toward another potential record-breaking year in 2015." 

Sales levels were at an historical high in both Sarasota and Manatee counties. As an example, 1,182 properties sold last May in Sarasota county with median sales price up 20% for both single homes and condos - single family homes selling for $230,000 and condos for $210,000. Pending sales dropped to 949 while distressed sales, short sales and foreclosures rose to 15.9% of the total Sarasota county sales.

According to Stafford Starcher, the RASM President, "[o]nce again, the market statistics are clearly showing the strength and vitality of Sarasota and Manatee counties (...). We are living in a golden era for local real estate, and the future continues to look bright." 

To read the full May 2015 Report, please click here

To learn more about real estate opportunities in the greater Sarasota Florida area, contact KSI Realty at info@kijner.com.

Take the Stress Out of Homebuying

by Kijner & Sons International Realty

Buying a home should be fun, not stressful. As you look for your dream home in either Miami or Sarasota Florida, keep in mind these tips from Kijner & Sons International Realty for making the process as peaceful as possible.

1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that the REALTOR® you chose is both highly skilled and a good fit with your personality.

2. Remember, there’s no “right” time to buy, just as there’s no perfect time to sell. If you find a home now, don’t try to second-guess interest rates or the housing market by waiting longer — you risk losing out on the home of your dreams. The housing market usually doesn’t change fast enough to make that much difference in price, and a good home won’t stay on the market long.

3. Don’t ask for too many opinions. It’s natural to want reassurance for such a big decision, but too many ideas from too many people will make it much harder to make a decision. Focus on the wants and needs of your immediate family — the people who will be living in the home.

4. Accept that no house is ever perfect. If it’s in the right location, the yard may be a bit smaller than you had hoped. The kitchen may be perfect, but the roof needs repair. Make a list of your top priorities and focus in on things that are most important to you. Let the minor ones go.

5. Don’t try to be a killer negotiator. Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or by refusing to budge on your offer may cost you the home you love. Negotiation is give and take.

6. Remember your home doesn’t exist in a vacuum. Don’t get so caught up in the physical aspects of the house itself — room size, kitchen, etc. — that you forget about important issues as noise level, location to amenities, and other aspects that also have a big impact on your quality of life.

7. Plan ahead. Don’t wait until you’ve found a home and made an offer to get approved for a mortgage, investigate home insurance, and consider a schedule for moving. Presenting an offer contingent on a lot of unresolved issues will make your bid much less attractive to sellers.

8. Factor in maintenance and repair costs in your post-home buying budget. Even if you buy a new home, there will be costs. Don’t leave yourself short and let your home deteriorate.

9. Accept that a little buyer’s remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big financial commitment. But it also yields big benefits. Don’t lose sight of why you wanted to buy a home and what made you fall in love with the property you purchased.

10. Choose a home first because you love it; then think about appreciation. While U.S. homes have appreciated an average of 5.4 percent annually over from 1998 to 2002, a home’s most important role is to serve as a comfortable, safe place to live.

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Source: The National Association of Realtors® (NAR)

3 Tips For Better Real Estate Videos and Photos

by Kijner & Sons International Realty

Kijner & Sons International Realty would like to share with you this little video which presents tips for better real estate videos and photos with a smart phone. This is great information whether you are an agent or a Realtor® in Miami or Saraota Florida.


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Source: The Ticker

Do you know the value of a Realtor®?

by Kijner & Sons International Realty

Did you know that many homeowners and homebuyers are not aware of the true value a Realtor® provides during the course of a real estate transaction? In deed, many of the most important services and steps are performed behind the scenes by either the Realtor® or the brokerage staff and traditionally have been viewed simply as part of their professional responsibilities to the client. 

 

Kijner & Sons International Realty is thus pleased to share with you a list of nearly 200 typical actions, research steps, processes and review stages necessary for a successful residential real estate transaction and normally provided by a full service real estate brokerage in Florida and for which they are entitled to fair compensation. To download this document courtesy of the Orlando Regional Realtor® Association, please click here

8 Tips to Guide for Your Home Search

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to share with you 8 tips for our home search whether you want to buy in Sarasota or Miami Florida

1. Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you’d be willing to spend each month for housing.

2. Be realistic. It’s OK to be picky, but don’t be unrealistic with your expectations. There’s no such thing as a perfect home. Use your list of priorities as a guide to evaluate each property.

3. Get your finances in order. Review your credit report and be sure you have enough money to cover your down payment and closing costs. Then, talk to a lender and get prequalified for a mortgage. This will save you the heartache later of falling in love with a house you can’t afford.

4. Don’t ask too many people for opinions. It will drive you crazy. Select one or two people to turn to if you feel you need a second opinion, but be ready to make the final decision on your own.

5. Decide your moving timeline. When is your lease up? Are you allowed to sublet? How tight is the rental market in your area? All of these factors will help you determine when you should move.

6. Think long term. Are you looking for a starter house with plans to move up in a few years, or do you hope to stay in this home for a longer period? This decision may dictate what type of home you’ll buy as well as the type of mortgage terms that will best suit you.

7. Insist on a home inspection. If possible, get a warranty from the seller to cover defects for one year.

8. Get help from a REALTOR®. Hire a real estate professional who specializes in buyer representation. Unlike a listing agent, whose first duty is to the seller, a buyer’s representative is working only for you. Buyer’s reps are usually paid out of the seller’s commission payment. 

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Source: The National Association of Realtors® (NAR)

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83-85 Boulevard de Charonne, 75011 Paris, France


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