Racimo Ranches home under contract

My listing in Racimo Ranches went under contract over the weekend. If you need help selling your home in Sarasota please contact me.

Siesta Key Lot under contract

My lot for sale on Shell Road on Siesta Key went under contract over the weekend. Please contact me if you are looking to sell your property on Siesta Key.

Buyers Market

Not too many sellers want to admit it but we are currently in a buyers market. I have spoken to agents around Florida and other parts of the country and it seems to be the same across the board. There is plenty of property for sale putting the buyers in the drivers seat. The strong sellers who can afford to wait for a balanced market will be fine. The weak sellers who need to sell will have to take less for their properties.

This is a great time to be a buyer - interest rates are still relatively low, there are plenty of properties to choose from and it looks like prices have declined a bit from about 6 months ago. Give me a call @ 941-308-6766 or send me an email if you want help finding a home. marc@thesarasotamls.com

Sarasota MLS map search

Take a look at my new Sarasota MLS property search using Google maps. This makes searching for property much easier.

Home Sellers: Overpricing Was Biggest Mistake They Made When Listing Homes

Rismedia wrote an article recently on mistakes home sellers make in an email survey conducted by Househunt, Inc. The number one mistake was overpricing their home. As the real estate markets slow down across the country it is crucial to price your property accurately when selling.

The 2nd biggest mistake was “dealing with the same real estate agent who represented the buyer,” thereby setting up a possible conflict of interest and possibly a perception that the buyer was getting a better deal.

Third biggest mistake was “failure to disclose known defects or problems.” Virtually tied for fourth place were: “under pricing their properties” and “not utilizing Internet technology to market their properties.”

Call me if you are looking to sell 941-308-6766. You won't make the mistake of “not utilizing Internet technology to market their properties.”

Can you get a brand new home for $400,000 in the Sarasota area?

Here is an interesting article by the Sarasota Herald Tribune about new homes in the Sarasota area. Notice that I said the "Sarasota area". You really can't find much new under $400k in Sarasota, however there are many options in North Port, Ellenton and Palmetto. If you are ok with a short commute to Sarasota a wonderful new home under $400k is attainable. If location is more important to you there are some wonderfully remodeled older homes in Sarasota under $400k. You can search for them here - Sarasota MLS. Call me at 941-308-6766 if you are looking to buy a home.

What kind of brand-new home do you get for $400,000?