The Sarasota School of Architecture. In this issue you’ll learn more about this historic design form from one of the school’s signature architects, Carl Abbott. Having written about the school in a previous issue, and knowing of her keen interest in architecture and design, I invited renowned interior designer Pamela Hughes to join us. What an engaging time we had as Carl took us through his work and how the Sarasota School of Architecture evolved. A little known fact is that Sarasota and Los Angeles are the bastions of this unique architectural style. Enjoy Pamela’s interpretation of Carl’s view of the school in this issue. A sincere thank you is in order to Giovanni Lunardi for making the introduction.
In less than three hours over 2 million digital copies of this month’s edition were sent throughout the United States, Canada and the United Kingdom.
With the assistance of Tina Darling and Innovative Agent Services, long time partners, we crafted an exclusive double opt in list encompassing real estate professionals, business leaders and affluent consumers. Via a dedicated server and IP addresses, crucial technical items, the digital copies were transported at the speed of light. Once delivered readers were able to flip through the magazine, and more importantly, click through to a business’ web site, virtual tour of a property, REAL Style Video and more. You can view the digital version on the REAL website under the Digital Version tab. The digital version is another step in increasing readership and penetration while continuing to add value for REAL Magazine’s sponsors. REAL Magazine, real value, real results.
April, 2010
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on the cover Carl Abbott, The Sarasota School of Architecture
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invitation only Tina Darling – Innovative Agent Services
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rsvp required John and Kathy Akin – Excalibur Title Services
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events 704 Granada Avenue – Venetian Shores 667 Mourning Dove Drive – Bird Key
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by Pamela Hughes
by Lalaena Gonzalez-Figueroa
Salvation Army Center of Hope by Lalaena Gonzalez-Figueroa
by Lalaena Gonzalez-Figueroa
in the news perspectives Design Lines – Window Decoration Design by Pamela Hughes
Seller Financing
Real Estate Investing by Jeff Riddell
Out With The Old, In With The New...
Residential Construction by Steve Murray
What Is The True Value Of Exceptional Design? Architecture by Clifford M. Scholz
Southeastern Guide Dogs by Chris McNamee
Go Global -- Go Fractional
International Real Estate by Patricia Tan
Improved Short Sale Process Mortgage by C. J. Coury
Training Kids
Golf by Jonathan Yarwood
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executive publisher Ed Bertha design and layout Debbie Zaroba photography Chad Spencer Giovanni Lunardi SRQ360 executive producer video ViaVio; Leslie Brown contributing writers Tracy Eisnaugle Lalaena Gonzalez-Figueroa subscriptions and circulation Innovative Agent Services; Tina Darling printing DiMension Printing; Dianne McDevitt production Enterprise Connections
REAL MAGAZINE is produced monthly by Enterprise Connections, Inc. Principal office: 6743 Ashley Court, Sarasota, FL 34241. COPYRIGHT Š 2010 REAL MAGAZINE. All content copyrighted. All rights reserved. Reproduction in whole or in part without written permission is prohibited. Although precautions are taken to ensure the accuracy of published materials, REAL Magazine cannot be held responsible for opinions expressed or facts supplied by its authors. All listing information published in REAL Magazine is deemed reliable but not guaranteed. Contact agent directly to verify listing information which is subject to change. WEBSITE: www.the-real-magazine.com offers RSS feeds, current and past issues, links to sponsors, an event calendar, unique editorial, a blog and additional information on the community at large. SUBSCRIPTIONS: Please call 941.921.5027, write 2945 Bee Ridge Road, Sarasota, FL 34239 or visit www.the-real-magazine.com. ADVERTISING: Please call 941.921.2117, write 6743 Ashley Court, Sarasota, FL 34241 or visit www.the-real-magazine.com. POSTMASTER: Please send notices on Form 3579 to 2945 Bee Ridge Road, Sarasota, FL 34239. Standard mail paid in Sarasota, Florida. REAL Florida Homes Magazine is produced monthly in affiliation with REAL Magazine. 10
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Design Lines - Window Decoration By Pamela Hughes
Pamela Hughes, the founder and owner of Hughes Design Associates, is well known nationally and internationally. Hughes Design Associates is one of the premier interior design firms known throughout North America for specializing in prestigious custom interiors. In Sarasota, Pamela has completed many exceptional projects including The Ritz-Carlton, The Members’ Beach Club, The Tower Residences, and Plaza at Five Points. Her portfolio also includes some of the most luxurious and distinctive residences in Sarasota. Pamela’s work has been published in the best interior design magazines such as Architectural Digest and Veranda, as well as numerous other publications. Also, Home and Garden Television (HGTV) featured her in the program, “Public Places, Private Spaces”, showcasing her work on the Four Seasons Hotel, Philadelphia, and a luxurious private home in Chicago. In addition to their work in Sarasota, Pamela and her firm design projects throughout the US, Canada, the Bahamas and the Caribbean.
Recently, we spent some time talking about the practical solar control aspects of window treatments: sheers, solar shades, venetian blinds, plantation shutters and the like. All these elements of solar control are definitely needed especially here where the sun can be so intense. But there is another reason to treat windows that is somewhat less functional and significantly more design oriented. And that, of course, has to do with the embellishment of windows. Fabric treatment of windows can be simple and elegant or it can be lush and over the top. Both have their place and, depending on the nature of the space, the architecture and the budget, each can be appropriate. Some of the simpler treatments, and ones which easily lend themselves to the more casual aspects of living here on the Florida coast, are roman shades. These treatments consist of panels of fabric which are supported by a valance at the top. The panel can be flat, it may be fabricated to have permanent pleats sewn into the face fabric or it can have a series of ribs. The panels have a pattern of rings attached to the lining. This lining protects the face fabric from direct exposure to the sun. The fabric for the face material can be almost anything that is suitable for
the room interior. In many cases we use muted and neutral fabrics as not to draw attention to the shades but rather have them be more background to the other more dramatic and dominant design elements in the room. We do, however, often provide subtle elements on these sorts of shades. The use of fabric banding and trimming tapes with subtle contrast embroidery add nice detail touches to otherwise plain treatments. For fuller and more elaborate window treatments, we design draperies. Draperies can be simple using lined or unlined fabric and can be with or without trim. They can be on traverse rods or have wood or metal poles with rings. They can also be stationary and not traverse the window. The array of poles, rings and finials available today is almost infinite. We often finish these poles, rings and finials with colors and patinas to harmonize with the other woodwork or furniture pieces in the room. Sometimes metal leaf is applied, either silver or gold, and is given a beautiful glaze to give the appearance of grace and age.
from the exterior wall surface which allows the installation of the drapery tracks for both sheers and the decorative drapery panels. This also allows the mechanisms and the tops of the pleats to be concealed. It is a cleanlooking and tailored approach when the client does not want elaborate decorative drapery rods or valances. All of the above drapery treatments can be motorized and, in the case of large homes, we always recommend having this done to simplify the process of leaving the house for an extended period. Other treatments are more elaborate designs that we use in traditional homes such as swags, jabots, heavy bullion fringe and large tassels and tie-backs. These are fun to do but often are not called for in relaxed Sarasota places. As you can see, there are many ways to decorate a window: tailored and clean with shades or full and soft with draperies. Whatever treatments you choose will enhance the interior design of your room and will be pleasing to the eye.
If we are part of the early planning process of a new house or starting a large-scale renovation, we often have a drapery pocket constructed. This consists of configuring the crown moulding out about 10” to 12” away 12
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Seller Financing By Jeff Riddell
Jefferson F. Riddell is a Florida Board Certified Real Estate attorney with thirty-five years of experience assisting people with a variety of residential and commercial real estate matters. U.S. 1031 Exchange Services, Inc is a 1031 exchange qualified intermediary (QI) and a member of the Federation of Exchange Accommodators (FEA). As President of U.S. 1031 Exchange services Jeff has been facilitating 1031 exchanges for more than twenty years. Jeff has been awarded the Certified Exchange Specialist (CES) certification. Jeff may be reached at 941-366-1300 or via email at jeff@us1031.com. It’s hard to get a mortgage these days. So, what’s a seller (and maybe the seller’s real estate agent) to do? Seller financing (sometimes called owner financing) may do the trick. Florida recognizes several approaches, each with its pros and cons. First there is the traditional seller carryback mortgage. The buyer and seller sign a purchase agreement that not only describes the purchase price, but also the seller financing covering a portion of the purchase price. Seller financing could, of course, cover the entire purchase price, but that usually isn’t prudent—sellers want buyers to have some skin in the game. The approach to seller financing may vary depending upon whether or not the seller already has a mortgage on the property.
Once the purchase agreement spells out the terms of the financing, the mortgage documents must be produced for the closing. These documents consist of a note (promissory note) and mortgage, and an amortization schedule if the loan is not interest only. Interest only is pretty self explanatory: interest is paid (usually on a monthly basis, but not necessarily), the principal amount stays constant during the term of the mortgage (unless there are partial prepayments), and on the loan maturity date, the principal balance is paid back to the seller. The mortgage is recorded in the public records following the deed from seller to buyer so that it is clear that the seller has sold the property to buyer, and that buyer owes seller a portion of the purchase price payable according to the terms of the note and mort-
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gage. Homestead exemption is available to buyers who otherwise qualify. Agreement for deed (sometimes called contract for deed) is another approach. Instead of the promissory note and mortgage, the buyer and seller enter into an agreement that says the seller has sold the property to the buyer, but that the buyer still owes part of the purchase price to seller. In states up north, these are sometimes referred to as land contracts. Although mortgages are almost always recorded, agreements for deed are often not recorded. If they are recorded, it is necessary to pay both deed documentary stamp tax on the sale price and both mortgage doc stamps and intangible ..............................Continues on page 21
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TINA DARLING Innovative Agent Services 2945 Bee Ridge Road, Sarasota FL 34239 www.FloridaAssistant.com 941.921.5027 Since its inception in 2002, Innovative Agent Services has made a marked impact on the real estate communities in Sarasota and Manatee Counties and beyond. Now, more than ever, the firm’s array of services is appealing to real estate professionals who seek to maximize exposure while focusing on quality products and highly targeted marketing. IAS founder Tina Darling, who holds degrees in Computer Programming and Business Administration, explains the value that her company offers to real estate agents. “We understand that agents are busy taking care of their clients,” she offers, “so we’re here to take care of the agents.” A transitioning market has led to expanded agent needs, and IAS has diversified accordingly; the firm started out just providing property eBlasts and now offers a host of services designed for today’s real estate professional. “Many agents aren’t in a position to commit to full-time assistants, but find that their responsibilities can be overwhelming and that’s where our services come in,” notes Tina. This includes but is not limited to distributing marketing materials, designing, printing and mailing postcards, eBlasting property flyers to other agents, organizing local open house tours and much, much more. “We’re finding that agents really appreciate the convenience of assigning these important but time-consuming tasks;” Tina adds, “and with five fulltime employees on our staff, we’re able
here in Sarasota. She later opened her own home health care company, all while taking care of her own disabled mother. She knew how to get things done!”
to handle our agents’ needs in a timely and secure manner.” Tina’s targeted marketing focuses on quality over quantity and that has become the mantra at IAS, where the key is on repetitive advertising to a select group of prospective buyers. “We specialize in helping agents determine their target audience for every listing, then help them get unique marketing materials created that are sent to that demographic,” says Tina, who notes that there is an advantage to sending multiple mailings to a smaller group of individuals rather than a single mass mailing to a more varied audience. “People may be happy to send out ten thousand pieces and get a response,” she observes. “However, they’re elated when, after sending two thousand pieces to the right people five times, they receive ten responses!” This, she notes, is as effective in inter-collegial communication as it is in advertising to prospective buyers and investors.
A longtime Affiliate of the Sarasota Board of REALTORS®, in 2010 Tina stepped up to Chair the organization and is committed to helping fellow SAR Affiliates market themselves to area agents. Tina is also proud to announce a new found affiliation with the Sarasota Chapter of Women’s Council of Realtors. “I love it!” Tina exclaims, “It has been so much fun and I’ve met so many new people, it is a huge professional networking group.” Almost immediately upon joining WCR the board recognized Tina’s talents and offered her the position of Technology Chair, which of course she happily accepted. Throughout the twists and turns of a turbulent real estate market, Tina Darling’s Innovative Agent Services has managed to weather the storm, providing reliable and quality services to real estate agents and other businesses throughout Sarasota and Manatee Counties. IAS hit the ground running in 2010 and hasn’t slowed down a bit. Tina attributes the success to an incredible team of talented co-workers, “any successful woman knows it’s all about the support system around her, be it personally or professionally, and I got lucky - we’re best friends, family and colleagues that support each other on all levels”.
When asked how she manages a client list of 1600 local agents and such a varied menu of services Tina smiles and says one-word; “MULTI-TASKING”. “I learned from the best” says Tina, speaking of her mom, Diane Mivshek. “My mom was the queen of multitasking prior to her retirement. She coached softball and cheerleading for me and my sister, was the team mom for my brother’s Little League teams, helped my Father with the administrative side of his painting company, and managed her own career in Real Estate
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By Lalaena Gonzalez-Figueroa Photo by Chad Spencer
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Out With The Old, In With The New… By Steve Murray
Steve Murray is the founder and owner of Murray Homes a residential construction company specializing in building custom waterfront homes on the Keys of Sarasota. He also owns Murray Realty with his wife Bev. Murray Realty is a full service real estate company offering customers a first class experience in finding, evaluating or selling houses and lots, primarily on the waterfront. Murray Homes is a Certified Building Contractor #CBC1250846. If you are interested in buying, selling or building in this new economy, call Steve at 941-906-7000 or visit his websites at www.murray homesinc.com or www. murrayrealty.net or by email at steve@murrayhomesinc.com.
For as long as I have been building in Sarasota, stretching back to 1995, architectural trends have been fairly staid and proponents of “evolution” rather than “revolution”. The “Spanish-Med” style that has adorned so many of our new subdivisions and neighborhoods has finally been laid to rest. Almost. There are still some models and new construction homes that display the applied foam trim, earthy colors and Corinthian columns that is the hallmark of that style of architecture. But there is a new movement in Sarasota being facilitated by our local architects and being driven by our new buyers and residents. Contemporary Architecture. Now before you say “I hate those lifeless square white boxes with uncomfortable sofas”, let me explain what this new
style incorporates. It includes not only the pure contemporary genre, some good examples being found on Lido Key, Harbor Acres and Siesta Key, but it also includes new offshoots including “Coastal Contemporary” of which the new Sarasota Yacht Club is a great example. These designs are clean and simple, yet include traditional roof systems, window and doors and interior layouts and are bridging the gap between ultra modern and customary island style architecture. These styles are a welcome addition to our waterfront lots and add a new alternative to the homes that our local architects are currently designing. I believe that in part, the reason why this style change is evolving is due to
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the increase in foreign money coming in to Sarasota. Europeans, Canadians and South Americans are buying our “cheap lots” and influencing the style of architecture on those lots. In addition, these foreign buyers are requesting that these new homes be designed as new “Green” homes. Being English, I can identify with this new trend as I see old farmhouses, country homes or London apartments installing modern kitchens, exciting stylish bathrooms and advanced low voltage lighting. The combination of German engineering, Italian styling and British innovation produces a host of new products and styles that are finding their way across the Atlantic with these new buyers ................................Continues to page 29
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What Is The True Value Of Exceptional Design? By Clifford M. Scholz
As founder of CMSA, Cliff has over 35 years of experience in architecture and construction. His sense of design and clear-cut goals have created a reputation for quality and excellence for his firm. As lead architect, he is responsible for the design of projects consisting of custom residential developments, office structures, commercial renovations, golf clubs and high-rise condominium buildings. He takes a proactive role in every project as the client contact, and directs his team of highly skilled professionals to keep every endeavor in balance. Cliff received his Bachelor of Science in Architecture from Lawrence Institute of Technology in Southfield, Michigan, and a Bachelor of Architecture from the University of Miami in Coral Gables, Florida. Cliff is also a Licensed General Contractor in the State of Florida and certified as a LEED AP. Cliff may be reached at 941-923-2400 or via email at cscholz@ cmsa1.com. This article originally ran in the February issue with production errors. It is rerun as submitted in this issue. In our quest to perfect the art and skill of exceptional architecture, we cannot help but contemplate its “true” value. Value as defined both in any quality piece of art and also value as in true capitalistic and financial terms. It is apparent that marginal architecture does little to improve or even reduce the monetary value of a property as compared to exceptional skillful architecture vastly enhancing the monetary value of the same property. The same is true to the enhancement of the artistic quality of a property.
• After the design drawings, and prior to the construction drawings, preliminary cost estimates are calculated in conjunction with the builder. As I have mentioned in the past, I am a “retired” general contractor, and have found this process very helpful in establish-
ing a “real” cost for the work prior to starting the construction drawings. • Complete construction documents are produced with full specifications customized for your specific building. ...........................Continues to page 29
This quest is on-going for our firm, as we believe that we really do “learn something new everyday”. We also believe that in order to maximize our skills, we need to spend a great deal of time in research and design for each project. We believe, as do our clients, that these services are needed in order to completely understand what you are getting prior to the start of construction, as well as making sure that these items are completely coordinated in the building’s preliminary design, throughout the construction documents, and during the building process. These complete design services can be illustrated by our firm’s typical scope of work as shown below. • Complete and custom preliminary design drawings for your building, including front and rear renderings. This work should be provided by the lead architect, and the lead architect is the point person for the project throughout the entire process. Residentially, your home would never be repeated by our firm as they are one of a kind. • A study model is then built giving the client a total 3D view of the “finished” design. 20
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Continued from page 14
Seller Financing By Jeff Riddell
tax on the balance owed. Some people think that an agreement for deed (especially an unrecorded agreement for deed) does not trigger a due on sale clause in seller’s underlying mortgage, but that’s not true (subject to the lender finding out about it of course). If the buyer fails to make the payments required under the agreement for deed, the seller must foreclose the agreement for deed just like a mortgage, unless the agreement is not recorded and the buyer just walks away, or if recorded, the buyer gives seller a quit claim deed. If the buyer pays off the agreement for deed as required, the seller then delivers the deed to the buyer. Homestead tax savings are not available to the buyer unless the agreement for deed is recorded. The next approach is lease option or lease purchase. Although both the seller carryback mortgage and recorded agreement for deed allow the buyer to claim normal home owner tax benefits, these two approaches postpone use of those benefits because the buyer is only a tenant until he closes and receives the deed from the seller. My last article touched on the lease option/lease purchase approach. Although tax benefits (including homestead exemption) are not available to the buyer, this approach may still be attractive to the buyer because he can tie up the home he wishes to purchase, postpone the actual purchase and live in it in the meantime. These do not trigger a due on sale clause in seller’s underlying mortgage. There are many other nuances to all of these seller financing approaches which I don’t have room to cover here. Title companies cannot prepare these documents (other than maybe a simple note and mortgage) so you need a real estate attorney; but for the right situations these approaches can result in a sale where the buyer is unable to obtain his own financing, at least for now. An excellent payment history on any of these can help the buyer get the bank mortgage he needs to close out the seller financing.
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704 Granada Avenue Venetian Shores Venice
Photography by Chad Spencer
Featured Guests Venice Wine and Coffee Company Szambelan Vodka Maduro Cigar Club Chef Craig Chasky Jack Dowd Giovanni Lunardi 22
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REAL NETWORKING EVENT February 11, 2010 Hosted by Stephen Lingley Signature Sotheby’s International Realty
Many Thanks To Our Sponsors The Penny Hill Group Wells Fargo Taren Sufferling Hazeltine Nurseries Virginia Pollatos AAA Insurance Emily Rossi-Romer Rossi & Company Wayne Hall Hall & Anderson Bob Massanova SWF Home Inspections Tina Darling Innovative Agent Services
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Does Your Dog Ever Have Fun? By Chris McNamee
Chris McNamee has the degenerative rentinal disease retinitis pigmentosa. RP is characterized by the progressive loss of photoreceptor cells, rods and cones, which provide night and peripheral vision. RP is an inherited disease; his father has RP as well as a younger sister. Chris was diagnosed with the disease at age 28, and his vision deteriorated to the point that he was forced to stop driving six years later in 1993. He currently has a very small central field of vision, and no night vision. He travels with the aid of his guide dog, Max.
I get asked this question by people I meet all the time. They are concerned that my guide dog Max is, well, a beast of burden, and never gets to play, and just be a dog. I am always quick to set them straight. First and foremost, Max loves to work. He has never been left home alone in the three years that we have been a team, and I think it would break his little puppy heart to be left behind. When he sees my wife Lynn and I getting ready to leave the house, he heads for the door, and hops into the car, ready to go. Max has been on dozens of plane trips, visiting Seattle, Chicago, Wisconsin, and even spending three weeks on vacation in Mexico! He has ridden elevators, escalators, buses, trams, and even the sky gondola at Busch Gardens. Max is always eager for a new adventure, tail held high and wagging, a dog’s universal sign of happiness. Besides enjoying his work as my guide, Max gets to play every day. Max is true to his breed, a born retriever. He only loves food more than
his toy Kong. Nothing provides him more enjoyment than the wild bounce of the oddly shaped Kong. He will actually quiver with excitement as he waits for my arm to make its move in a throwing motion. He makes amazing leaps in his pursuit of this toy, and promptly brings it back to me, making his ”Proud Circle” prance around me before depositing it at my feet for a “do it again, do it again” little dance. Max loves people. He is a gracious ambassador for Southeastern Guide Dogs, the school that trained Max, and then the two of us to be a team. When the opportunity presents itself to take off his harness and visit new friends, Max is quick with a puppy kiss, and a rub against his new friend’s knee. Max is especially good with children, even little toddlers. Max will make himself small, lying down on his belly, to reduce himself to the little tyke’s size, and allow his ears to be pulled, and his nose poked. He demonstrates extreme self control, and never attempts to steal a sucker or poach a donut that
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may be clasped in a little one’s fist, even if they offer it to him! Max loves to work the crowd at a party. Recently, my wife and I attended an event where only two elementary school aged children were in attendance amongst the adults. Max happily went off with these new friends to explore the party, and entertained the crowd as these two discovered that he was just as obedient for them as he is for me. They were quick to show off their command of Max’s tricks, asking him to sit, stay and shake for them. Max would occasionally lead them back to me to check in and then head off again, eager to explore and show off for the crowd. Working dogs like Max, love their jobs, but also have plenty of time off during the day. They belong to loving families, many times with children, and or pets in the home, and have a great time just being a dog….... a very well behaved dog, that is.
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Leading area architects and builders have created six whimsical dog houses for Southeastern Guide Dogs’ fundraiser, Barkitecture. The event will be held May 15th at the Grande Clubhouse in the Lake Club at Lakewood Ranch. All proceeds go to support Southeastern’s mission: training and placing a guide dog with an individual who is visually impaired. The organization charges nothing for its services and creates 70 new guide dog teams annually. At the same time, it provides service to more than 800 active guide dog teams throughout the southeast. For more information, visit Guidedogs.org or call Stacey Price at 729..5665, ext. 113.
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Continued from page 18
Continued from page 20
By Steve Murray
By Clifford M. Scholz
Out With The Old, In With The New... who are requesting that they have them included in their Longboat Key and Bird Key homes. This is great news for the market, for the industry and ultimately for Sarasota. We were getting bogged down with tired, out-dated architecture that is not inspiring to the new generation of buyers in this economic environment. What we are seeing now is exciting and important as we continue to compete with towns such as Naples and West Palm Beach for new residents and clients. Over the next few years, we must establish our community as being vibrant, modern and able to change with the times in an effort to remain competitive and desirable…and that very much includes our architectural designs and construction techniques.
What Is The True Value of Exceptional Design? Our firm does not believe in “boiler plate” specifications. • Complete structural drawings from a registered structural engineer. These drawings are fully integrated by our project managers with all other disciplines, including fully detailed electrical, lighting control, switchgear and lighting design drawings, completed by CMSA. We also include fully detailed and integrated mechanical (HVAC) design and drawings. CMSA is certified as agents for the Florida Green Building Coalition, and we can rate and certify your building to be a “green” building in accordance with FGBC and/or “Energy Star” requirements. Our entire designers and production staff is LEED certified (Leadership in Energy and Environmental Design).
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• To further detail, we also complete full listings and specifications for all lighting, plumbing and mechanical fixtures, along with interior elevations detailing all molding, paneling, and trim design for the interior of the home. So what is the “true” value of exceptional design in architecture? It is not totally definable but we do know: • It is measurable in monetary terms by way of real estate sales. • It is evident but un-measurable as to how it enhances the inhabitants of the structure. • It is a process that involves a lot of talent and time. • It is a resulting value that enhances our lives.
February REAL Networking Evening Event February’s REAL Magazine evening networking event was held at Stephen Lingley’s Venetian Shores condominium complex at 704 Granada Avenue in Venice, Florida. It was REAL’s first Venice event and a huge success. The event featured three dimensional photographic artwork from international photographer Giovanni Lunardi and sculpture and pastel painting from renowned local artist Jack Dowd. To keep things lively and flowing a progressive tasting was incorporated between condominium units that included a wine bar by Venice Wine and Coffee Company, vodka bar by Szambelan Vodka, chef prepared hors d’oeuvres by Chef Craig Chasky and a cigar bar by Maduros Cigar and Bar. The event was sponsored by Bob Massanova - SWF Home Inspections, Chad Spencer – CMS Photography, Emily Rossi - Romer Rossi & Company, Penny Hill & Scott Kolbe - Wells Fargo, Tara Sufferling - Hazeltine Nurseries, Tina Darling - Innovative Agent Services, Wayne Hall - Anderson & Hall P.A. and Virginia Pollatos - AAA Insurance.
February REAL Networking Luncheon Event
Steve Murray of Murray Homes and Bev Murray of Murray Realty hosted REAL’s February luncheon networking event. The mid day affair took place at Murray Homes’ beautiful new bay front estate at 667 Mourning Dove Drive on Bird Key. The home’s architect Clifford Scholz of CMSA Architecture was also in attendance. Taking the luncheon to the next level Bev and her sister-in-law Claire hand prepared all of the bountiful delicacies, and they were absolutely delicious! An entertaining and informative keynote speech, The history of Bird Key, was delivered by local author and historian Jeff LaHurd. The event concluded with a raffle in support of The Warren Back Pack Program, a very worthwhile local children’s charity. Sponsorship was provided by Artistree, Atlas Insurance, Be Creative, Blinds Unlimited, Cliff Scholz - CMSA Architecture, Chad Spencer - CMS Photography, Eskew Financial Group, Gibson, Kohl, Wolff & Hric, Pamela Hughes - Hughes Design Associates, Tina Darling – Innovative Agent Services, Kimal Lumber Company, Melimelo, United Electric and United Granite & Marble. 30
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Lunardi Photography And REAL Magazine Host International Photo Shoot What started out as a chance phone call with Giovanni Lunardi became an opportunity for Sarasota to host two of Italy’s best known brands, Lovable Italiana and Fila. Over the last ten years the two firms shot photography for their catalogs and marketing needs in Cape Town, South Africa. Now it is off to Sarasota to shoot photography for four new catalogs and more. Lovable Italiana made its market debut in Italy in 1962 and became a licensee for Fila in 1981. Currently 9 out of 10 women in Italy instantly recognize the Lovable brand. Lovable’s product offerings include corsetry, lingerie, knitted underwear and outwear, sleepwear, home wear, swimwear and beachwear. Fila, founded in 1911, is Italy’s largest sportswear manufacturing company. REAL Magazine and Lunardi Photography are coordinating all aspects of the Photo Left to Right: Ed Bertha trip. From the moment the Italian executives and pho& Giovanni Lunardi tographers step off the plane to the time they depart the two Sarasota firms will choreograph all logistic endeavors of the visit. The activities range from common items like catering, hotels and chauffeuring to lesser known activities such as permits, ironing and insurance. Elite Model Management will provide the models who will fly in from Miami. The waterfront estates used for the photography will consist of homes previously featured in REAL Magazine. Look for a documentary of the visit in an upcoming issue of REAL Magazine.
Jo Ann M. Koontz To Lead New Yesner & Boss Legal Office Tampa Bay area law firm Yesner & Boss, PL, announced the opening of a new office in Sarasota. The office is lead by seasoned attorney and certified public accountant Jo Ann Koontz, formerly of Icard Merrill. The practice focuses on residential and commercial real estate closings, real estate litigation, foreclosure defense and short sales, The company also offers the full range of legal practice, including civil litigation, business law, family law, bankruptcies, personal injury, and wills, trusts and probate. Koontz joined Yesner & Boss in February, 2010, and will focus on helping buyers and sellers of commercial and residential properties, determining the tax consequences to sellers of short sales, foreclosures and bankruptcies. She will also continue to focus on business law and tax law. Koontz can be reached at (941) 362.0050 or via email at joann@yesnerboss.com Yesner & Boss’ Sarasota office is located at 1819 Main Street, Suite 215.
Home Resource Expands Showroom Sarasota’s Home Resource, the leading contemporary furniture showroom on Florida’s west coast, has expanded its showroom by 20%. The new space is filled with the world class brands of Janus et Cie and Dedon outdoor furniture and has a New York City loft type of ambiance. The outdoor furniture line is a leader around the world and in January 2010 Architectural Digest recognized Janus et Cie as the “best furniture to sun in, dine on, and look at indoors or out”. Home Resource is only the second retailer in Florida to represent Janus et Cie. Home Resource is located in the Rosemary District in downtown Sarasota at 741 Central Avenue. Call (941) 366-6690 or visit www.homeresource.com for more information. WWW.THE-REAL-MAGAZINE.COM
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Carl Abbott FAIA
The Sarasota School of Architecture By Pamela Hughes Photography by Giovanni Lunardi
Driving down the narrow twisty lane, you sense a disconnect with urban Sarasota. Taking a turn off the road one quickly plunges into lush vegetation and soon arrives at the office of renowned architect Carl Abbott. Holding true to his design style, Carl’s 1920s office both embraces nature and exhibits the Sarasota School of Architecture for which he is famous. The home originally built by John Ringling for his banker in “out in the woods” Yellow Bluff is now preserved and represented on the local historical register. Carl Abbott is not only a well-known practitioner of architecture, with a string of awards that encompasses his long and continuing career, but a man who is generous with his time and congenial in spirit. Early on Carl’s creative world was art and nature, then architecture became his focus. He received his Master’s from Yale studying under Paul Rudolph (Dean of the school), Louis Kahn and Buckminster Fuller. Following Ralph Twitchell and Paul Rudolph to Sarasota after his education, Carl became a member of this exceptional group of architects defining the Sarasota School of Architecture.
Stepping out on his own in the 1960s, Carl has added richly to the local collection of unique and daring buildings. His career has produced a remarkable portfolio of bold and exciting residential projects as well as public and institutional buildings. Projects currently underway include a large therapy center, new church center and several large residences (including an estate on Long Island). For the past four decades, Carl’s Sarasota architectural office has been one of the most highly awarded firms in the Florida/Caribbean region. Carl has worked in New York City, Honolulu and London and has taught at a number of universities including Harvard Graduate School of Design. Locally, his projects include the Summerhouse, St. Thomas More Complex, Women’s Resource Center and Pine View School. Light is a dominant element in Carl’s designs. Carl minces no words when it comes to historical preservation. “In the U.S. we tend to think we are progressive. If we tear it down and rebuild it must be better. We don’t hold on to things that are important,” he states with authority. “In Europe they respect their current and past history – they always keep the best examples as they progress forward.” 32
Carl elaborates that architecture begins as a spontaneous process but soon becomes bogged down in engineering layers. His goal is to always achieve a sense of spontaneity at the end of a project finishing with a structure that is right for the location, use and owner. Outside of architecture and lecturing, Carl’s hobbies are “spontaneous” ones. He enjoys painting, forging sculpture and landscaping, especially with exotic flowering trees. Once or twice a year for the past fifteen years Carl journeys to Esalen, a new age retreat in California, to recharge his batteries enabling him to stay creative. An avid worldwide traveler, he appreciates the continuing sense of beauty, purpose and design he experiences. One of the places leaving an indelible impression is Egypt, where Carl marvels at their accomplishments and indicates we should look past the Greeks to the Egyptians for significantly influencing the history of architecture. Carl is a leading spokesman for the Sarasota School of Architecture. In Carl’s words the challenge with the Sarasota School is distilling the design concept to its basic components.
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The Sarasota School of Architecture In the first half of the 20th century, architecture seemed to be evolving in two different directions: Frank Lloyd Wright coming from a world influenced and inspired by Nature, developing an “organic” architecture; and the International Style, originating in Europe, particularly at the Bauhaus, in Weimar, Germany, which acknowledged the effect of the machine in the built environment. The Sarasota School seems to embrace elements of both of these philosophies, so here’s a bit of its family tree. From Nature’s Realm: Frank Lloyd Wright, from Chicago, was the nearest architectural ancestor. He not only embodied the philosophy of organic architecture, but also had a considerable body of work in Florida, including residential
arrived in Sarasota to assist the architect of Ca d’Zan, then under construction. What he soon came to learn was that old methods of construction that might work in northern climates, do not fare well in our intense southern climate with sun and humidity as predominant factors. In the early 1940’s Twitchell and Rudolph embarked on a series of small houses and projects that helped put Sarasota on the map architecturally. Within several months, the office produced designs for Twitchell’s own residence and three other houses. These projects marked a new direction for the office, which shows the influence not only of Rudolph, but also of ideas that can be
projects as well as the magnificent campus of Florida Southern College in nearby Lakeland. He had close ties to the offices of Louis Sullivan, whose works are embellished with fanciful designs derived from natural forms. Sullivan, in turn, was related to the bold, strong work of H. H. Richardson. And they were both influenced by the Arts and Crafts Movement, originating in Scotland and England, which revered the handmade and was inspired by the natural world.
school was founded by Walter Gropius and then guided by Mies van der Rohe. These two later came to America - Gropius to head the architecture department at Harvard and Mies to become one of the iconic architects of post-war industrialized urbanity. His Seagram Building in New York became the epitome of the style. And Gropius’ influence is still felt, from his legacy at Harvard and, related to our discussion, in one of his pupils, Paul Rudolph.
Honoring the Machine: A movement which honored the machinemade also grew out of Europe. This aesthetic was distilled in the design school known as the Bauhaus, or International Style. That style is characterized by a more scientific and rational approach to design and the elimination of ornamentation - and the philosophy that “form follows function”. The
Paul Rudolph became the progeny of these two apparently disparate philosophies. He moved to Sarasota from Harvard and started working at the welcoming and accepting office of Ralph Twitchell.
traced to Wright. Elements such as horizontal strip windows and differentiated ceiling heights to separate service and living spaces are among these new ideas.
beyond the walls. This frame supports a series of shutters that hang against and protect the glass or screen walls when closed and becomes sunshades when lifted to open.
After the war, when the office was reassembled, exciting new materials and technologies were tried. Rudolph’s famous Cocoon House, sitting lightly above the land and cantilevered over the water on one side with its daring curved plywood roof plane, made it a small house with a powerful impact.
Later, when Rudolph became Dean of Architecture at Yale, his students were influenced by the principals of the Sarasota School of Architecture - that influence is now seen around the world. We are all the beneficiaries and students of the Sarasota School. We have Paul Rudolph, Ralph Twitchell and Carl Abbott to thank for these timeless designs.
The Walker Guesthouse on Sanibel Island was one of Rudolph’s favorites. It is a charming and clever project that encloses a modest living space, but expands it remarkably by the use of a framework that extends 34
Twitchell was already an established architect in Sarasota and one known to encourage a daring and experimental approach. He
Carl Abbott FAIA (941) 351-5016 www.carlabbott.com REAL MAGAZINE
The Dolphin House Siesta Key
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Go Global – Go Fractional By Patricia Tan
Patricia Tan was born in England and moved to Sarasota in 1997. Her career has afforded her the opportunity to live and work in many countries including: Australia, Hong Kong, Singapore, Malaysia, Indonesia, Germany, France, Belgium, Netherlands and the U.K. She spent five years as a Director of an American real estate franchise in England in the 1990s. Patricia has served as Chairperson of the Sarasota Association of REALTORS® International Council, and serves on the Florida Association of REALTORS® International Operations Committee. She currently works as the International Sales Director for Prudential Palms Realty. Patricia may be reached at 941-504-9232 or pat@patriciatan.com.
There is a growing trend in the international real estate market towards fractional ownership. The global recession undoubtedly influenced this growth, by causing many people to stop and consider their financial position and formulate new strategies for fiscal management and wealth preservation. In recent years there had been a tendency for those who could afford it, to buy not just a second home, but a third or fourth home around the world, to meet their lifestyle needs. It would not be unusual for someone to have a loft in New York to enjoy city life, a ski lodge, a beach retreat and a golf haven for instance, using each of these residences for only a short period in each year. In today’s world of financial prudence, owning several homes may not be the best
strategy, and that is where fractional ownership can help. What is fractional ownership? As the phrase implies, it means owning a fraction or share of something. For the purposes of this article we are talking about real estate, but this form of ownership is also being applied to exotic cars, works of art, airplanes and other “big ticket” items. Fractional ownership is a means of owning and enjoying something collectively, to minimize and spread costs and possible risks of ownership. The downturn in global real estate markets also accelerated the rate at which fractional ownership properties became available, as developers saw the fractional approach as a way to move homes that would otherwise
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have remained unsold. Fractional ownership should not be confused with timeshare. There are some significant advantages of fractional ownership when the two are compared. Timeshare does not offer actual ownership of the property only the right to a period of usage. Fractional ownership is deeded, and can be sold, gifted or passed on to heirs. Fractional ownership can be established to meet the needs of a group of people buying a particular property, with each party buying similar or differing fractions of the property, and it is usually easier to control and manage as there are fewer people involved. ....................................Continues to page 41
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JOHN & KATHY AKIN Excalibur Title Services, Inc. 2528 Webber Place, Sarasota, FL 34232 www.ExcaliburTitleService.com 941.377.0800
For over three decades, Kathy Akin has served as an integral component of area real estate transactions throughout the Gulf Coast region. A licensed title agent with the State of Florida, she provides her clientele with consistent, customer-oriented care that has earned her a growing base of repeat and referral clients. In May 2007 Kathy and her husband John, a marketing and sales professional, capitalized on their vast title experience and launched their own company, Excalibur Title Services, Inc. The firm is thriving, a testament to the impeccable service that has become the Akins’ signature. With experience working in major law firms and title companies, Kathy understands the importance of a solid underwriter, open and ongoing communication, and strong collegial relationships with REALTORS® and other real estate and lender professionals. Underwritten by a leading international title insurance firm, Excalibur Title offers clients the assurance of a locallyconnected company with the backing of a group that boasts over 100 years in the industry. Excalibur Title, explains John, has the capacity to meet clients’ needs while offering them something that few others can:
concierge service at highly competitive rates.
Though Excalibur Title typically handles transactions throughout the Gulf Coast region- including Sarasota, Manatee and Port CharlotteKathy is able to facilitate closings throughout Florida as a licensed title agent with the state. “We can arrange for courtesy closings at any of Stewart Title’s offices,” she explains. “This is a tremendous convenience for agents whose clients are buying or selling beyond our immediate region.”
“We have not raised our rates since opening our doors three years ago,” John remarks. “Though the market has changed dramatically and transactions have become more labor intensive, we have made a commitment to our clients to keep their title costs consistent for as long as possible.” This, paired with the attentive care that he and Kathy bring to their business, has enabled Excalibur Title to grow when other companies have been forced to close their doors. It’s all in the details, and Kathy and John understand just what their customers need.
Ultimately, says John, the goal of Excalibur Title is to continue to offer the top-notch service and client care that Kathy established throughout her 30+ years in the industry. “When our clients look good, we look good,” he reflects. “We enjoy the opportunity to work with a great group of real estate and lender professionals and their clients, and we have appreciated the growing clientele that has stemmed from our services.”
“One of the most important aspects of our service is that we are truly available at any time,” says Kathy. “REALTORS® and bankers are working evenings and weekends to accommodate their clients, and we are available to answer questions when they need us.” Adds John, “Offering a concierge level of care is a priority for us; when our clients call or e-mail, they will reach us. This tends to set us apart from other title agencies and attorney’s offices.”
Adds Kathy, “Our goal is simply to continue to grow, to provide exceptional care and great experiences for our customers. When our clients are happy, we know we’ve done our job!”
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By Lalaena Gonzalez-Figueroa Photo by Chad Spencer
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Improved Short Sale Process By C. J. Coury
C.J. Coury is a Senior Vice President with Bank of America and oversees their residential mortgage division serving Sarasota, Manatee and Charlotte Counties. Prior to joining Bank of America in 1995, C.J. was President of Mortgage Brokers of America in Birmingham, MI for 7 years. He has been an active mortgage finance professional since 1983. C.J. may be reached at 941-952-2888 or by email at charles.j.coury@bankofamerica.com. The Short Sale phenomenon that has been escalating over the past few years has reached the point where some drastic changes are needed. Today’s most prominent process model for these transactions requires that an offer to purchase be presented to the servicing lender prior to any action being taken to obtain investor approval of the reduction in their pay-off. This, coupled with servicers being woefully understaffed, has had an enormously negative impact on all parties involved in the transaction and has, in fact, contributed to a reduction in the median sale price of homes.
• Guaranteed recovery amount to subordinate lien holders • Relocation funds and assistance to displaced homeowners • No deficiency judgment or promissory note for investor short fall
Please begin encouraging your customers to contact their lenders to discuss the possibility of a pre-approved short sale prior to listing the property. If available to them it will ensure a smooth and timely closing absent of the angst and aggravation now associated with traditional short sale transactions.
The good news is that the process is beginning to change is a very positive way. Many lenders are now initiating the process with their under-water customers who can no longer afford to keep their home. By thoroughly vetting the homeowner in advance they are able to eliminate the need for the buyer and agents to remain on hold during this time consuming process so that the home can be marketed and closed on quickly once a qualified offer is presented. This will place the short sale property in a similar situation to a move-in condition REO thereby eliminating the negative impacts that are currently inherent with these transactions. In addition to lenders redesigning their own processes for initiating short sales there is a new government sponsored initiative taking effect on April 5, 2010 – Home Affordable Foreclosure Alternatives (HAFA). In addition to the up-front initiation of the process as mentioned earlier, this initiative includes many components that will help to move short sale purchases through more quickly. These features include but are not limited to: • Cash incentive to servicer for implementing the process
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Reselling a timeshare can be challenging and the resale price is often much lower than the original purchase price, whereas fractional ownership property values will behave in much the same way as general real estate values.
to the Hyatt Vacation Club, allowing owners to choose to vacation in another resort if they desire. Outside our local area, there are branded fractional properties in most major U.S. cities and resort areas. Fractional ownership has also grown tremendously in Central America and the Caribbean, where we represent a range of properties from fractional condos and single family homes in Panama to world class beach resorts in Costa Rica and Barbados.
We do have fractional ownership properties for sale here on the Gulf Coast of Florida. These range from a single family waterfront home on Longboat Key, to the Hyatt Siesta Key Beach which also provides membership
Fractional ownership is an investment in real estate. It allows the consumer to experience various locations and life styles, while minimizing their capital investment and operating expenses.
Continued from page 36
Go Fractional By Patricia Tan
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REAL NETWORKING EVENT February 19, 2010 Hosted by Steve & Bev Murray Murray Homes & Murray Realty
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SALVATION ARMY Center of Hope 1400 10th Street, Sarasota, FL 34236 941.954.4673 www.salvationarmysarasota.org
For over 80 years, the Salvation Army has been an integral –if often unassuming- organization within the Sarasota community. A Christianbased charity whose reach spans beyond any single religious belief, the Salvation Army offers families and individuals a variety of programs and services which are designed to change lives for the better. Perhaps best well known for its holiday bell ringers, the Salvation Army is a well-managed organization that operates 365 days a year, offering much-needed support to a range of individuals. Locally, the Salvation Army provides housing for over 200 homeless families, women and men; serves upwards of 700 meals every day; offers residential treatment for substance abuse and mental issues; and hosts comprehensive programs designed to assist families in creating better futures for themselves. At a time when a reported 68% of homeless are experiencing this crisis for the first time in their lives, the Salvation Army is now, more than ever, a critical resource for the community at large. With over 80% of its donations dedicated to direct services, the organi-
zation calls itself the charity “Doing the Most Good.” The Salvation Army’s Sarasota headquarters, the Center of Hope, is a 65,000 square foot facility that features a shelter as well as social services and administrative offices. The center relies upon the financial support and manpower of local residents, who find that there is always a use for their talents. From fundraising, to mentoring, to decorating for special events, Sarasotans and nearby residents find that they have ample opportunities to offer their time to make substantial differences in the lives of others. In 2009, the Salvation Army in Sarasota was recognized with The Salvation Army National Social Services Award For Program Excellence and Achievement for its FAITH Program, which boasts an impressive success rate. The program is a comprehensive approach to empowering residents to make lasting changes in their lives. By teaching life skills and holding parents accountable for improving themselves, the FAITH Program provides a wealth of tools designed to enable parents to provide brighter futures for themselves and their children. It’s not an easy
fix; in addition to holding full time jobs, participants in the FAITH Program are mentored in financial responsibility. They pay off debts, learn money management, and begin to build nest eggs in order to avoid future setbacks. The program has had a strong impact on participants; the Sarasota Salvation Army reports that in 2008, 82% of formerly homeless families moved into permanent housing thanks to their newfound skills and knowledge. The Sarasota Salvation Army has benefited tremendously from the support of the Rotary Club, and hosts high-profile events such as the annual back-to-school supply drives and the Glitz at The Ritz-Carlton fundraiser. But the organization continues to rely on the ongoing generosity of local residents as well. Every donation touches an individual or family in need, and helps make profound changes in countless lives. Grassroots efforts such as community food drives, neighborhood donations to the Salvation Army thrift store, and the volunteerism of individuals are making a lasting impact within Sarasota and beyond.
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By Lalaena Gonzalez-Figueroa
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Training Kids
By Jonathan Yarwood
Jonathan Yarwood was originally from the United Kingdom, but relocated to the United States in 1996. After a few years as one of David Leadbetters senior teachers, Jonathan branched out on his own and has enjoyed an extensive career with a track record that speaks for itself: He has coached, 2 US Amateur Champions including this years champion Ben An, 2 US Girls Champions and 1 US Open Champion in Michael Campbell in 2005. That is 5 USGA champs in 10 years, which is a record in itself. Add to that the 4 number one juniors, 3 AJGA players of the year, a collegiate number one, a male and female nationally ranked number one as well as a winner on every major professional tour, you have a record to rival the best. Jonathan was voted a Top 20 teacher under 40 years old by Golf Digest in 2006, after 5 straight years of being in the best teacher in state rankings for Florida. But Jonathan remains humble and states he is ‘just a small part of their success’. He enjoys teaching people of every standard equally. Having a state of the art academy at The Concession with an indoor video suite and putting studio he specializes in all areas of the game, making it a ‘one stop shop’. For more information visit www.golfjy. com or call 941-322-1465.Having a state of the art academy at The Concession with an indoor video suite and putting studio he specializes in all areas of the game, making it a ‘one stop shop’. For more information visit www.golfjy.com or call 941-322-1465. At the Jonathan Yarwood Golf Academy we train lots of kids. Did you know, there are certain windows that kids can learn ‘form’ and certain windows that they cannot!? It depends on age, gender, growth spurts and relative maturity. You can have two eight year olds who are completely different mentally and physically from a developmental perspective. It is important that these two types are coached differently. At my academy, the focus is fun with the younger kids. Why is golf always number 10 on every kids list? Why do kids take it up and then drop it? Because of two
things, 1. It is hard to learn to propel the ball, 2. the traditional way of learning golf is boring, outdated and does not work. We need to jazz it up a bit! We spend time on different sports on the tee in my young kids golf schools. They have fun whilst still improving their golf. Most great athletes played many sports growing up, kids nowadays focus too early. So we may play a little tee ball to learn ‘Linear’ striking, soccer kicks to learn about the transition and energy transfer, hitting with a hockey stick to learn “in plane striking’,
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throwing a ball for ballistics etc. You get the picture. It is fun, interesting, stimulating and when we hit with golf clubs, they can actually do it! Last thing is to make sure the clubs are ultra light, with very small grips. I see so many kids with clubs that are too heavy and grips that are too thick. As a result they start off on the wrong foot and get poor habits early. Golf is a game for life and something that can bring lasting memories to all concerned along with great family moments. Enjoy it. Our schools run on a Wednesday and Saturday afternoons. Sign up by calling 941-373-6769.
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