ELEVATE Magazine - RASM - June 2023

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Build a Team of Partners: Reach Further™ with RASM Business Partners 6 June 2023 How Realtors® Can Prevent the Risk & Liability of Wire Fraud in Residential Closings 12 Join the Global Business Council 25 June is National Homeownership Month 28
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6 COVER STORY

Build a Team of Partners: Reach Further™ with RASM Business Partners

One of the best ways to steadily grow your real estate business is to network and create reliable connections with other business professionals. In the tight knit communities of Sarasota and Bradenton, businesses depend on each other for a multitude of goods and services. By immersing yourself in the community and networking with business building groups, you can forge valuable connections that make an impact on your real estate career. RASM’s membership of nearly 400 Business Partners are an elite group of respectable professionals who are dedicated to supporting Realtors® and their clients.

Risk and Liability of Wire Fraud

Wire fraud is a common concern in residential real estate closings, and unfortunately, it has become rampant in recent years. Wire fraud occurs when a cybercriminal replaces the legitimate instructions with their own fraudulent ones, tricking the buyer or seller into wiring money to the wrong account.

Join the GBC

Join the the Global Business Council (GBC) and connect to the world of real estate abroad. No international experience necessary! Our members gain unique perspectives through our programs and panels. Take an opportunity to join a trade mission to another country.

Homeownership Month

National Homeownership Month is celebrated in June. It commemorates the value that owning a home brings to families, communities, and neighborhoods across America. By becoming a homeowner, people get a step closer to the American dream.

Contents JUNE 2023 10 Professional Standards 12 Realtor® Attorney Joint Committee 18 Government Affairs 19 Market Analysis 25 Global Business Council 26 Young Professionals Network 27 Neighborhood Spotlight 28 Professional Development Committee 34 Calendar of Events
Membership News
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RASM South - 2320 Cattlemen Road

Sarasota, Florida 34232

RASM North - 2901 Manatee Ave W Bradenton, FL 34205

Phone: 941-952-3400

FAX: 941-952-3401

www.MyRASM.com

STAFF CONTRIBUTORS:

Vice President of Communications & Engagement:

Gina McCarthy

Vice President of Operations & IT:

Jesse Sunday

Vice President of Advocacy & Member Programs:

Maxwell Brandow

Professional Development Manager:

Denise Ricciotti

Member Services Manager:

Jessica Montague

Magazine Editor:

Beth Sunday

2023 ASSOCIATION OFFICERS:

President:

Brian Tresidder, William Raveis Real Estate

Vice President:

Tony Barrett, Barrett Realty, Inc

Treasurer:

Debi Reynolds, Florida SunCoast Real Estate

Immediate Past President:

Tony Veldkamp, SVN ® Commercial Advisory Group

Chief Executive Officer:

Jeff Arakelian

MISSION STATEMENT:

Empower and engage our REALTOR® Community by delivering essential services, resources, education and experiences that elevate member success and professionalism, while advocating for REALTOR® initiatives and private property rights.

VISION STATEMENT:

We are an innovative and relevant association that elevates the standards of professional excellence, and are critical to our members’ success, while providing value to our community.

SUBSCRIPTIONS:

The annual dues of every member of the REALTOR ® Association of Sarasota and Manatee, Inc., includes a one-year digital subscription to ELEVATE Magazine. Editorial ideas and manuscripts are welcomed.

Byline articles and columns express the opinions of the writers and do not necessarily reflect the policies or sentiments of the REALTOR ® Association of Sarasota and Manatee, Inc. All submitted copy is subject to editing. 2023 Copyright © by the REALTOR ® Association of Sarasota and Manatee, Inc. All rights reserved. Reproduction in whole or in part without written permission is prohibited.

For information on advertising rates, artwork, and deadlines, contact Beth Sunday, Magazine Editor, at 941-952-3417 or email Beth@MyRASM.com

Celebrating Michael Bruno’s Induction into the RPAC Hall of Fame

We are thrilled to congratulate Michael Bruno for his exceptional achievement of being inducted into the Realtors® Political Action Committee (RPAC) Hall of Fame at the NAR Legislative Meetings in May. With a lifetime investment of over $25,000, Michael has demonstrated an unwavering commitment to protecting Realtors®’ businesses and advocating for their interests.

The Realtors® Political Action Committee is a powerful force that empowers Realtors® to shape their industry and protect their businesses. By investing in RPAC, Realtors® gain a direct voice in influencing legislation and policies that impact the real estate profession.

RPAC’s significance cannot be overstated. It defends Realtors®’ interests by supporting pro-real estate candidates and advocating for fair housing practices, favorable business climates, and the protection of private property rights. Through strategic engagement with policymakers at all levels, RPAC ensures that Realtors’ concerns are heard, safeguarding their ability to serve clients and contribute to thriving communities.

In celebrating Michael Bruno’s induction into the RPAC Hall of Fame, we must also recognize two other distinguished members from the REALTOR® Association of Sarasota and Manatee who have achieved this remarkable honor: Barry Grooms and Bill Furst. Their substantial investments and dedication to RPAC exemplify the spirit of Realtor® advocacy and the importance of protecting the real estate profession.

Congratulations to Michael, Barry, and Bill on their well-deserved inductions into the RPAC Hall of Fame. Their investments in RPAC exemplify their commitment to protecting Realtors®’ businesses and advocating for their interests. RPAC’s invaluable contributions enable Realtors® to have a strong voice in shaping public policy, ensuring a favorable business climate, and defending private property rights.

As we honor Michael, Barry, and Bill, we are reminded of the power of collective action and the influence that Realtors® can have when they unite to protect and advance their profession. Their achievements inspire us all to actively engage with RPAC and safeguard the future of our profession and private property rights. •

PRESIDENT UPDATE
myRASM.com | 5

Build a Team of Partners: Reach Further™ with RASM Business Partners

One of the best ways to steadily grow your real estate business is to network and create reliable connections with other business professionals. In the tight knit communities of Sarasota and Bradenton, businesses depend on each other for a multitude of goods and services. By immersing yourself in the community and networking with business building groups, you can forge valuable connections that make an impact on your real estate career. RASM’s membership of nearly 400 Business Partners are an elite group of respectable professionals who are dedicated to supporting Realtors® and their clients.

When you build trusted relationships, you create your own personal powerhouse database of businesses that you can always count on to get the deal done in the best possible way. From accountants to attorneys, interior decorators, photographers, and home inspectors, Business Partners complete your go-to team of critical resources. Collaborating with Business Partners allows Realtors® to leverage their expertise and credibility, enhancing their own reputation and generating client referrals and repeat business.

“I think it’s important for Realtors® and Business Partners to connect because we are all in this industry together,” said Jessica Montague, RASM Member Services Manager. “They are all in the business to make

money and help their clients and they cannot do it alone. It’s so important to have a reliable list of vendors to choose from, so that if someone is not available, you have another person to count on. I also encourage our Business Partners to connect with each other. When I speak to some of our Business Partner veterans, they will tell me that their first lead or client came from another RASM member.”

“Business Partners” are defined as the affiliated members of RASM. They make an annual membership investment into our Association, and further into the real estate industry.

“Business Partners are such an integral part of RASM,” said Cindy Jaramillo, Senior Mortgage Loan Officer with Bank of England Mortgage, and 2022 RASM Business Partner of the Year. “I have made so many professional and personal friendships and significantly grown my business by being involved at RASM. None of us are ‘alone in this industry,’ you rely on other professionals! It’s so great to have a team of industry professionals I know I can count on to send referrals to and use for my personal needs, be it roofing, home inspections, moving services, etc. You become close to other Business Partners as well because we are all out here trying to build our business through relationships.”

COVER STORY
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SYMBIOTIC RELATIONSHIP

RASM Realtors® can greatly benefit from connecting with Business Partner members and vice versa. The symbiotic relationship between agents and affiliates brings several benefits:

ƒ Access to a wider client base: By forming partnerships and building a network of professionals in related real estate industries, such as mortgage brokers, home inspectors, contractors, and interior designers, Realtors® can tap into their clients’ networks. This expands your reach and increases the likelihood of finding potential buyers or sellers.

ƒ Enhanced credibility and expertise: Collaborating with trusted RASM Business Partners allows Realtors® to leverage their partners’ expertise and credibility. When agents associate themselves with reputable professionals, it enhances their own reputation and instills confidence in clients.

ƒ Referral network: Building a network of Business Partners creates a referral ecosystem where professionals recommend each other’s services. For example, a mortgage broker may refer their clients to a trusted Realtor®, and in turn, the Realtor® may refer clients to the mortgage broker. This relationship can generate a steady stream of potential leads, expanding your client base and fostering long-term business relationships.

ƒ Market knowledge and insights: Through connections, RASM Realtors® can also stay informed about market trends, changes in regulations, and industry developments. Engaging with other professionals in the real estate field provides a platform for exchanging ideas, learning from each other’s experiences, and gaining valuable insights.

ƒ Increased efficiency and resources: Agents and those businesses that serve the real estate community often work in a competitive environment where time is of the essence. In this competitive market, Realtors® can’t afford any delays in their service or risk broken promises. Your connections are truly worth their weight in gold!

“As a RASM Platinum Corporate Sponsor, we have had multiple opportunities to build lasting business and personal connections throughout the years,” said Sheila Marvel, Co-Owner, along with husband Dave Marvel of Peace of Mind Home Inspections L.L.C.

“We have been able to grow our business through networking, referrals, and word of mouth. A referral is the highest form of trust we can receive. It means that our customers and partners trust us emphatically. In this increasingly demanding housing market, when time is limited and quality is a must, there is no room for error. Each referral we receive is evidence of our continued commitment to our clients and confidence that we will stand by our services. We appreciate the symbiotic relationship that the Association provides and are very committed to continuing with the RASM Business Partner program for years to come.”

EVENTS & NETWWORKING

The Association offers numerous opportunities for Realtors® to connect with Business Partners through unique networking events. The quarterly “After Hours” networking event is a popular gathering hosted at different locations throughout the two counties, allowing agents and affiliates to connect with each other in a casual and relaxed atmosphere. Additionally, RASM Business Partners host three annual events for members to meet and greet potential partners:

ƒ Spring Business Partner Expo: Participants can enjoy local food trucks, live music, a bar truck, along with sponsored Business Partner exhibits and a chance to win fabulous giveaways! This is a great chance to meet and connect with members.

ƒ RASM Annual Conference and Expo on September 21: This must-attend event for real estate agents features a full day of informative sessions, a broker panel, and an expo showcasing our Business Partner members.

ƒ Business Partner Fall Event on October 11: This is always a fun-filled event featuring tailgate-style food, cornhole, raffles and prizes, a cash bar and more!

“I love helping the Business Partners and the new agents learn to navigate the Association, learn about our various specialty groups, and show them how to get involved, from attending classes to sponsoring events. It feels so good knowing that you are enabling a local business to reach new levels of success,” said Bree Carotti, Marketing Manager of Carotti Engineering LLC, and 2019 RASM Business Partner of the Year. “I encourage all new Business Partners and Realtors® to not just hand out business cards and leave, but I stress the need to serve, meet new people, and really immerse yourself. The Business Partner Committee is implementing the RASM Strategic Plan by incorporating both CREA and the WCR into our events, and now we have more connections than ever before. We’ve created this synergistic group that is truly like a second family. We all support each other and learn from each other while truly having fun in the process,” added Carotti.

[ Continued on page 8 ]
myRASM.com | 7

Agents and Business Partners can also find a niche group of members to network with by participating in one of RASM’s Specialty Groups. From events to specialty groups, and to the annual Business Partner Directory that outlines RASM’s 350 Business Partner companies (myrasm.com/businesspartners), RASM is proud to provide you with opportunities and resources you need to build your team of professionals.

“Our firm has developed countless professional and personal connections that have enhanced our business and day-to-day lives. By sponsoring events, and educational opportunities, and participating in various networking functions, we have forged trusted relationships with professionals that we have come to rely upon,” said Charlotte Griffin, Business Development Coordinator with Berlin Patten Ebling, PLLC (2023 Platinum Corporate Sponsor). “There really is no better way to expand your reach in the real estate community than to engage and network with the REALTOR® Association of Sarasota and Manatee.”

We are grateful to all our Business Partners who support RASM’s many events and programs as sponsors throughout the year. Because of our partners, we can bring in top speakers, provide food and beverages, cover course materials, and lower the cost to attendees. So next time you see a Business Partner sponsoring an event or networking with you at an expo, thank them. Their investment supports the experiences we can offer to members.

BECOME A RASM BUSINESS PARTNER

If you are looking for a way to reach more than 9,000 real estate professionals, managers, brokers, and owners, then RASM has you covered! The RASM Business Partner membership offers a direct relationship with real estate professionals with opportunities to sponsor events, meetings and education courses, advertise in the monthly digital magazine, and more.

“As a professional home inspector, becoming a RASM Corporate Sponsor and a Business Partner has provided several benefits in terms of building relationships, trust, and generating referral business

from Realtors®,” said Bob Massanova, Owner at SWF Home Inspections. “By sponsoring events and networking, you increase your visibility among agents and potential clients. Your brand becomes more recognizable, leading to increased exposure and credibility within the industry.”

As a RASM Business Partner, you’re part of a network of thousands of Florida real estate professionals. You’ll enjoy valuable business contacts, networking opportunities, educational offerings, research and legislative representation, programs, services and build tremendous camaraderie.

MEMBERSHIP HAS ITS PRIVELEGES

The Business Partner Committee offers an orientation for new, current, and prospecting Business Partners each month. Visit the RASM calendar for upcoming dates at myrasm.com/calendar.

RASM Business Partners also receives a 10% discount on all ads placed in the ELEVATE Magazine, the official magazine of RASM. ELEVATE Magazine is a digital publication, distributed to all 9,000+ RASM members via email. The magazine is also shared on Social Media outlets, as well as the RASM website. Visit www.myrasm.com/realtor-magazine to learn more.

In addition to being a benefit to Realtors®, RASM Business Partners have access to RASM’s Video Studio, located at RASM South. The studio has state-of-the-art equipment including high-end 4k cameras, a green screen, teleprompter, professional audio equipment, editing software, lighting and more. Rates are discounted for RASM members. Visit www.myrasm. com/videoproduction for more information.

ANNUAL SPONSORSHIP PROGRAM

Through the annual investments of our Corporate Sponsors, RASM can continue to offer the great networking and education programs that support the productivity and professionalism of our members. The Corporate Business Partner Sponsor Program offers an unparalleled opportunity to directly market and advertise your company to the Realtor® community and the many businesses that serve it. Annual sponsorships are available to Business Partners for at the end of each year, while event sponsorship opportunities are available year-round. To view the 2023 RASM Corporate Sponsor Package, visit www. myrasm.com/sponsor

“Being a RASM Platinum Sponsor over the years has opened so many wonderful opportunities for STOCK,” said Claudine Leger-Wetzel, STOCK Vice President of Sales and Marketing. “Through many events, meetings, and networking opportunities, we have increased our exposure to the Realtor® community, reinforced our brand, and created long-lasting relationships. Being a RASM Business Partner and Corporate Sponsor opens the door to a welcoming community of synergistic business professionals who bolster your business connections and your bottom line.”

Listed on the next page, we are thankful to the 13 companies who have invested as annual sponsors in 2023. •

8 | ELEVATE [JUNE 2023 ]
BRONZE Battaglia Law, PLLC Carotti Engineering, LLC LeeWay Home Inspection Sunshine Movers of Sarasota Third Federal Savings & Loan SILVER myRASM.com | 9
2023 ANNUAL SPONSORS PLATINUM

Claims of Guaranteed Savings

In response to Realtor® A’s advertisement, “Guaranteed Savings! Don’t purchase without representation,” Mr. and Mrs. B signed an exclusive buyer representation contract with Realtor® A. After viewing several homes accompanied by Realtor® A, Mr. and Mrs. B decided to make an offer on 1234 Hickory. The seller did not accept the offer. The listing broker explained to Realtor® A that the sellers were well-situated, spent much of their time at their vacation home, and had determined not to accept anything other than the listed price.

Realtor® A, in turn, explained that to Mr. and Mrs. B. In response to their questions, he indicated that there appeared to be little point in making anything other than a full price offer but that he would be happy to continue to show them other properties. Mr. and Mrs. B responded that they were not interested in other properties and had decided to make a full price offer on the Hickory Street residence. They did and their offer was accepted.

Following closing, and after discussing their transaction with friends, they wrote a letter to the Board of Realtors® indicating that while they were pleased with the service provided by Realtor® A, they thought that his claim of “guaranteed savings” was an exaggeration. After obtaining and reviewing a copy

of the Code of Ethics, they filed a formal complaint alleging that Article 1, as interpreted by Standard of Practice 1-4, had been violated.

At the hearing, Realtor® A defended his advertisement on the basis that as a buyer’s agent he was able to aggressively negotiate purchase agreements on behalf of his clients whereas the listing broker or subagents, with their loyalty to the seller, could not. He also indicated that, in many instances, his buyer clients paid less, often substantially less, than buyers dealing through listing brokers, subagents, or even through other buyer agents. However, in response to questioning by Mr. B’s attorney, Realtor® A acknowledged that, while savings were not uncommon, they were not ensured in every instance, particularly in cases where the seller was determined to receive full price.

“But I offered to show them other properties and, if we looked long enough, I am sure I could have found them a bargain,” offered Realtor® A in his defense.

The Hearing Panel disagreed with Realtor® A’s reasoning, concluding that while savings might be possible, Realtor®A had been unable to demonstrate them in every instance and that this guarantee of savings was misleading. Consequently, his advertisement was in violation of Article 1. •

PROFESSIONAL STANDARDS
Published with the consent of the NATIONAL ASSOCIATION OF REALTORS®. Copyright NATIONAL ASSOCIATION OF REALTORS®-All Rights Reserved.
10 | ELEVATE [ JUNE 2023 ]
National Association of REALTORS® Interpretations of the Code of Ethics Agreement Case 1-23: (Adopted November, 1993 as Case #727. Revised April, 1994. Transferred to Article 1 November, 1994.)

Valley Bank

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SDuring my three decades in the mortgage industry, I have helped first-time homebuyers and jumbo borrowers, low-moderate income borrowers, and those looking for construction financing.

I prioritize personal service and customer education to make sure my customers have access to the best information to guide their decision-making.

Let’s build something great together. For more information on what Valley Bank can do for you, contact John directly at Jbryan@Valley.com, or call 201-321-8998. •

BUSINESS PARTNER SPOTLIGHT
Celebrity BARTENDING JUNE 22 CASK AND ALE 1548 MAIN ST. | SARASOTA $40 VIP tickets $25 GA Benefiting Everyday Blessings, Inc. & RASM REALTORS® Charitable Foundation myRASM.com | 11

How Realtors® Can Prevent the Risk and Liability of Wire Fraud in Residential Closings

i re fraud is a common concern in residential real estate closings, and unfortunately, it has become rampant in recent years. Wire fraud occurs when a cybercriminal intercepts an email containing wire transfer instructions and replaces the legitimate instructions with their own fraudulent ones, tricking the buyer or seller into wiring money to the wrong account. This is often referred to as a “man-in-themiddle” attack, which is not a “hack” in the traditional sense, but involves a fraudster “spoofing” a legitimate email address of a party involved in the transaction by creating nearly indistinguishable fake accounts. The fraudster then uses those fake accounts to communicate independently with the real accounts, gathering enough information from one party to then communicate with another. Each email is timed to correspond with the expected closing date of the transaction.

How the legitimate email accounts become known to the fraudster in order to initiate the attack is usually through a related third party such as a real estate agent, a related third party’s use of an easily compromised email account, or a business associate that’s not included in later communications. This method of spoofing scams is so effective because the fraudster is able to “show” whatever name or email address they want a recipient of their fraudulent email to see. This means that an email sent by the fraudulent account will appear to the recipient as coming from a recognized and legitimate email account. Generally, the only way the fraudulent email address will be visible is if the recipient hovers their cursor over the email address or if they review a reply to the fraudulent email in their sent folder.

The other common way a fraudster is able to successfully “spoof” an email address is to register a fake domain name which is identical to the legitimate domain name but may be a letter or two off. By way of example, if a closing agent’s email address is jane_ smith@closingattorney.com, the fraudster will register the domain name jane_smith@closingattorneys.com. The addition of an “s” to the end of the legitimate domain is generally indiscernible to the parties in a transaction.

WIMPORTANT TIPS AND BEST PRACTICES

When a “spoofing” scheme effort is successful, the victim will often file a lawsuit against the closing attorney, the Realtor®, and the bank who received the fraudulently attained funds. In order to help avoid having a transaction be the victim of a “spoofing” scheme, or to help insulate yourself from liability following a successful “spoofing” scheme, here are some important tips and best practices:

1 | Avoid using free email services to communicate with clients like Gmail and Yahoo. Instead, ensure you are using encrypted email and twofactor authentication when sending sensitive information electronically, including when sending the purchase contract.

2 | Engage an IT professional to ensure your computer system and malware protection is up to date.

3 | Help educate your clients about the risk of wire fraud by including an automatic admonishment in your emails regarding the prevalence of wire fraud and instructing them to call and confirm wire instructions before initiating any wire transfer. Generally, the fraudster makes the first contact after the initial deposit has been made and before the closing funds are requested. Clients should be advised that wiring instructions will not change throughout the transaction.

4 | Inquire about the wire transfer practices of the closing agent and encourage your clients to contact the closing agent via telephone to discuss how and when a wire transfer will be requested.

5 | Educate yourself and your team on the risk of wire fraud and how it can be prevented. Human error is the biggest risk! This includes knowing how to identify suspicious emails and how to verify wire transfer instructions.

Closing funds that a fraudster successfully diverts as part of a “spoofing” scheme are very rarely recaptured. Victims of fraud, therefore, inevitably look to all parties involved in the transaction to attempt to recover their funds. As a result, it is imperative that you remain abreast of the current risks affecting real estate closings, educate yourself, your staff, and your clients regarding wire fraud, and engage qualified IT professionals and systems to help mitigate the associated risk of cyber criminals.

To learn more about how to protect yourself and your clients from fraud, register for the How to Avoid Real Estate Fraud class at RASM South on June 15. •

REALTOR® ATTORNEY JOINT COMMITTEE
This article is meant for educational purposes only. It is not intended to serve as legal advice and should not be used as a substitute for consultation with an attorney.
12 | ELEVATE [ JUNE 2023 ]

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REALTOR® Day Raises Over $76k for Foundation

Thank you to everyone who came together in support of the RASM REALTORS® Charitable Foundation on May 4th for the second annual REALTOR® Day. This year’s Name Your Game event offered a choice of golf, cornhole or pickleball followed by a celebratory after party.

With a backdrop of steel drums, guests bid on auction items, stepped forward to pledge gifts, played large-group Heads or Tails game and connected over Sneaky Tiki cocktails. All the festivities benefited the RRCF’s mission to support local real estate-related charities, provide college scholarships, and help our members during times of crisis.

SWF GRANTS A MATCHING GIFT AT EVENT

A special thank you to Bob Massanova with SWF Home Inspections, whose surprise $20,000 match pushed us into record funds raised in a single event for RRCF. Continued on page 15 and 16.

RASM NEWS
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RASM NEWS [ Continued on page 16 ] myRASM.com | 15

REALTOR® Day Continued

Thanks to our generous sponsors, donors, and participants, this year’s event raised more than $76,000 for the RRCF.

STEP-FORWARD AUCTION DONORS:

We are grateful for members who accepted the challenge and stepped forward in support of the Foundation with a donation of $500 or $100.

$500 STEP-FORWARD DONORS:

ƒ Forest Balderson

ƒ David Crawford

ƒ Dominick Giallombardo

ƒ Cindy Jaramillo

ƒ Brett Keyser

ƒ Leadership Academy Class of 2023

$100 STEP-FORWARD DONORS:

ƒ Jeff Arakelian

ƒ Beth Beckert

ƒ Pam Charron

ƒ David Clapp

ƒ Scott Malouf

ƒ Bob Massanova

ƒ Mary Northrup

ƒ Brian Partie

ƒ Carmello Pronesti

ƒ Debbie Urban

ƒ Tony Veldkamp

ƒ Michelle Ward

ƒ ProspectsPLUS

ƒ Derek Patti

ƒ Debi Reynolds

AUCTION DONORS & PATRONS:

We are grateful to the generous donors who provided auction items, and to the patrons who purchased items at the event.

THANK YOU TO OUR AUCTION DONORS

ƒ Andrea Capek

ƒ Berlin Patten Ebling

ƒ Blake + Rae

ƒ Cadence Bank

ƒ Capital Grille

ƒ Carotti Engineering

ƒ Cindy Jaramillo

ƒ CineBistro at Siesta Key

ƒ Clive Daniel Home

ƒ CMG Home Loans

ƒ Cutting Loose Salon

ƒ David Crawford

ƒ Debi Reynolds

ƒ Discover Sarasota Tours

ƒ Elements Massage

ƒ Gibson Kohl P.L. Law Offices

ƒ Legacy Golf Club

ƒ Lilly Pulitzer UTC

ƒ Linda Formella

ƒ Marcia McLaughlin

ƒ Maria Masucci

ƒ Nicole Hancock

ƒ Novus Home Mortgage

ƒ Palm Aire Country Club

ƒ PopStroke

ƒ Robb & Stucky

ƒ Rosedale Golf and Country Club

ƒ Ruth’s Chris Steakhouse

ƒ Sleuth Leak Detection

ƒ Spa AlexAuna

ƒ Stafford Portraits

ƒ Sunshine Movers of Sarasota

THANK YOU TO OUR LIVE AND SILENT AUCTION PATRONS

ƒ Michael Bacon

ƒ Jessica Bow

ƒ Julianna Burns

ƒ Linda Formella

ƒ Patti Keyser

ƒ Noelle LaLiberty

ƒ Nicolle McKiernan

ƒ Tony Moore

ƒ Derek Patti

ƒ Tony Veldkamp

ƒ M. Velez

THANK YOU TO OUR SPONSORS

ƒ Berlin Patten Ebling

ƒ STOCK Development

ƒ Stellar MLS

ƒ Movement Mortgage

ƒ Preferred Shore

ƒ Bank of England

ƒ Homes by Towne

ƒ McLaurin Inspections

ƒ Ronto Realty

ƒ Spirit Movers

ƒ Stockton Mortgage

ƒ Strong Roofing

ƒ ASAP Mortgage

ƒ Lakewood Ranch

ƒ ProspectsPLUS

ƒ SVN Commercial Advisory Group

ƒ AR Homes

ƒ Brooks Insurance Group

ƒ Cadence Bank

ƒ Clive Daniel Home

ƒ Compass Sarasota

ƒ Driftwood Title

ƒ HomeRiver Group

ƒ John Cannon Homes

ƒ Lee Wetherington Homes

ƒ LeeWay Home Inspection

ƒ Miranda Real Estate Group

ƒ Pillar To Post

ƒ RE/MAX Alliance Group

ƒ SnapHouss Sarasota

ƒ Sunshine Movers

ƒ Third Federal Savings and Loan

ƒ Williams Parker

ƒ Regions Bank

ƒ SkyRun Vacation Rentals

ƒ Draper & Kramer Mortgage Corp.

ƒ Pike Brokerage

ƒ RE/MAX Platinum

REALTOR® DAY COMMITTEE MEMBERS:

ƒ Brian Partie, RRCF Fundraising Committee Chair

ƒ Deborah Urban, REALTOR® Day Event Chair

ƒ Forest Balderson

ƒ Jessica Bow

ƒ Andrea Capek

ƒ Tiffany Dismuke

ƒ Charlotte Griffin

ƒ Cindy Jaramillo

ƒ David Kinnard

ƒ Scott Malouf

ƒ Mary Northrup

ƒ Ann Rue

ƒ Natasha Selvaraj •

RASM NEWS
16 | ELEVATE [ JUNE 2023 ]

Get Down To Business

2023

SEPT 21

8:30 AM - 5 PM THE WESTIN

Breakfast of Champions Broker Panel

Peter Crowley, Darcie Duncan, Robert Milligan, Duff Rubin and Drayton Saunders

State of the Market with Dr. Brad O’Connor

Keynote Speaker Ricky Carruth

BREAKOUTS EXPO ANNUAL MEETING

EARLY BIRD $99 tickets go on sale

JUNE 1ST

••

2023 Legislative Session Delivers Wins

The Realtor® voice echoed loudly through the halls of Florida’s government, delivering more than $2 billion for members’ priorities and securing historic legislative wins for Realtors®, property owners, and the economy. The newly passed bills now go to Gov. Ron DeSantis and become law once he signs them.

2023 REALTOR® PRIORITY WINS

HISTORIC HOUSING

LEGISLATION:

Senate Bill 102, the “Live Local Act,” is a comprehensive affordable housing bill and major priority for Florida REALTORS®. Highlights of the bill include the largest investment in housing ever in state history ($811 million), $1.5 billion over 10 years to build new affordable rental units, expansion of the Hometown Heroes Housing Program’s eligibility requirements and max loan amount, new tax exemptions and credits to incentivize private investment in affordable rental housing, and easing of restrictions on where affordable housing can be built. Effective July 1, 2023.

STATEWIDE BAN ON RENT CONTROL:

In response to Orange County’s efforts to pass an unlawful rent control ordinance during the November 2022 election, Florida REALTORS® worked with lawmakers to enact a statewide ban on rent control. Senate Bill 102 will stop local governments from enacting harmful rent control policies, increase housing inventory, and drive rent prices down. Effective July 1, 2023.

PROTECTING LANDLORD-TENANT RIGHTS:

In response to high rent prices, some local governments have reacted by passing tenant-related ordinances that negatively impact private property rights. House Bill 1417 corrects this issue by preempting regulation of residential tenancies to the state. This is a retroactive preemption, meaning this bill will void all current local ordinances which expand beyond current state law. Effective July 1, 2023.

FURTHER REDUCTION OF THE BUSINESS RENT TAX (BRT):

Businesses throughout Florida will save approximately $260 million due to a 1% reduction of the BRT from 5.5% to 4.5% included in House Bill 7063. This 1% cut provides businesses who rent their space some additional tax relief while they wait for the planned reduction of the BRT to 2% that is currently set to occur in August 2024. Effective December 1, 2023.

OVER $1.1 BILLION FOR THE EVERGLADES AND WATER QUALITY:

The 2023-2024 fiscal year budget (Senate Bill 2500) includes money for Everglades Restoration ($574 million), Indian River Lagoon ($100 million), Caloosahatchee River Watershed ($25 million), springs restoration ($50 million), beaches ($206 million), Biscayne Bay ($20 million), the Wastewater Grant Program ($200 million) and the Resilient Florida Grant Program ($320 million). Effective: July 1, 2023.

PROTECTING RE APPRAISERS FROM FRIVOLOUS LAWSUITS:

Florida’s real estate appraisers are being sued for appraisals they performed more than a decade ago. House Bill 213 prevents these frivolous lawsuits by establishing a four-year statutory limitation on the time in which a civil cause of action can be brought against a real estate appraiser, or appraisal management company, following the date the appraisal was performed. Effective July 1, 2023.

GIVING BUSINESSES TOOLS TO FIGHT HARMFUL REGULATIONS:

Local governments routinely pass ordinances that directly and indirectly impact local businesses. Many of these local ordinances often have unintended consequences felt throughout the business community. Senate Bill 170 would make local governments show the impact of a new ordinance on businesses and suspend enforcement of an ordinance being challenged in court. Effective October 1, 2023.

HELPING RE BROKERAGES AVOID UNNECESSARY LAWSUITS:

Some real estate brokerages and businesses are being sued for legitimate telephonic marketing practices due to an unclear provision of law passed in 2021. House Bill 761 amends these provisions of the Florida Telephone Solicitation Act (FTSA) to clarify definitions and written consent requirements to put an end to these frivolous lawsuits. Effective upon becoming law.

MAKING CONDOMINIUMS SAFER AND MORE TRANSPARENT:

During a special legislative session in 2022, a new law was passed to increase the safety of condominium buildings and transparency of community associations. Senate Bill 154 clarifies several measures contained in the previous reforms, such as who can perform milestone inspections, flood insurance requirements, the specific items subject to a structural integrity reserve study, and the resale disclosure requirements associated with milestone inspections, reserve studies and newly added turnover inspection reports. Effective upon becoming law.

INCREASING PROPERTY INSURER ACCOUNTABILITY:

Senate Bill 7052 contains a number of provisions intended to increase consumer protection and insurer accountability in Florida. Provisions include restrictions on insurers canceling a policy with an open claim, increased fines against insurers, limits on insurer executive compensation under certain circumstances, and significant guardrails for insurers who amend insurance adjuster reports. Effective July 1, 2023.

EXPANDING MY SAFE FLORIDA HOME-HARDENING PROGRAM:

House Bill 881 expands eligibility requirements of the home hardening grant program known as My Safe Florida Home to include homes with an insured value up to $700,000 located anywhere in Florida. Previously, a home’s insured value was capped at $500,000 and it had to be in the state’s windborne debris region. Additionally, the legislature appropriated $100 million to extend this program and now more Floridians will be able to protect their homes against storms and reduce insurance premiums. Effective July 1, 2023. •

GOVERNMENT AFFAIRS
18 | ELEVATE [ JUNE 2023 ]

Manatee County’s Median Home Price Surpasses Previous Record

h e housing market in Sarasota and Manatee counties reported year-over-year increases in the median sale price for both property types, with single-family homes in Manatee County reaching a new record. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), pending sales show signs of positive growth, while closed sales and new listings have declined, reflecting an evolving market.

Closed sales across the two-county region decreased year-over-year by 10.4 percent to 2,048 sales combined for both property types. For single-family homes, Manatee County closed sales decreased yearover-year by 4.3 percent to 662 sales and Sarasota County sales decreased by 5.7 percent to 747 sales. Condo sales decreased by 15.8 percent to 256 sales in Manatee County and by 22.9 percent to 383 sales in Sarasota.

“The real estate market in the North Port-SarasotaBradenton MSA demonstrates a mixed scenario with rising prices and positive growth for pending sales, but a decrease in closed sales and new listings,” said Brian Tresidder, 2023 RASM President and Strategic Growth & Sales Manager at William Raveis Real Estate. “The numbers from April represent a market offering both opportunities and challenges for buyers and sellers.”

Single-family homes in Manatee County hit a record median sale price of $570,000 in April. This is a yearover-year increase of 10.7 percent and a 15.8 percent increase from last month when the median sale price was $491,988. For Manatee condos, the median sale price increased year-over-year by 8.8 percent to $380,795. Year-over-year in Sarasota County, the median sale price for single-family homes increased by 7.7 percent to $520,000 and condo prices increased by one percent to $399,000.

Pending sales, or the number of homes that went under contract last month, increased across all markets except for Sarasota County single-family homes. For

Tsingle-family homes, pending sales increased year-overyear by 30.2 percent in Manatee County, but decreased by 12.5 percent in Sarasota. Condo pending sales increased by 4 percent in Manatee and by 6.9 percent in Sarasota. For condos, this is the first year-over-year increase in pending sales reported since May of 2021.

The median number of days between listing date to contract date for single-family homes decreased from the previous month in both counties, but increased year-over-year. In April, Manatee County single-family homes went under contract within a median of 28 days, a year-over-year increase of 460 percent. For Manatee condos, the median time to contract is at 27 days, a 440 percent increase from this time last year. In Sarasota, the median time to contract for singlefamily homes increased by 250 percent to 21 days, and condos increased year-over-year by 340 percent to 22 days.

“The increase in the median time to contract and month’s supply of inventory indicates a changing market, necessitating informed decision-making for all stakeholders,” added Tresidder. “Real estate is local, even down to the zip code, which is why we encourage all buyers and sellers to work with a Realtor® to help them navigate the real estate market and ensure a smooth transaction.”

The month’s supply of inventory continues to increase across the two counties. In Manatee County, condo supply increased by 337.5 percent to a 3.5-month supply, and single-family home supply increased by 237.5 percent. In Sarasota County, there was a 3.5-month supply for condos and a 2.9-month supply for single-family homes, a year-over-year increase of 337.5 percent and 190 percent respectively.

At the end of the month, there were 5,253 active listings combined for both property types in the North Port-Sarasota-Bradenton MSA, a 166.8 percent increase from the same time last year. For single-family homes, there were 3,355 active listings and there were 1,898 active listings for condos across the two-county region.

Monthly reports are provided by Florida REALTORS® with data compiled from Stellar MLS. For comprehensive statistics dating back to 2005, visit www.MyRASM.com/statistics •

MARKET ANALYSIS
myRASM.com | 19

Monthly Market Summary - April 2023

Sarasota County Single-Family Homes

Paid in Cash

Median Sale Price

Average Sale Price

Dollar Volume

Med. Pct. of Orig. List Price Received

Median Time to Contract

Median

Closed Sales
Time to Sale New Pending Sales New Listings
Supply of
April 2023 April 2022 Percent Change Year-over-Year
Pending Inventory Inventory (Active Listings) Months
Inventory
20 | ELEVATE [ JUNE 2023 ]

Monthly Market Summary - April 2023

Manatee County Single-Family Homes

Closed Sales

Paid in Cash

Median Sale Price

Average Sale Price

Dollar Volume

Med. Pct. of Orig. List Price Received

Median Time to Contract

Median Time to Sale

New Pending Sales New Listings
April 2023 April 2022 Percent Change Year-over-Year
Pending Inventory Inventory (Active Listings) Months Supply of Inventory
myRASM.com | 21

Monthly Market Summary - April 2023

Sarasota County Townhouses and Condos

Closed Sales Paid in Cash Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median Time to Contract Median Time to Sale New Pending Sales New Listings Pending Inventory Inventory (Active Listings) Months Supply of Inventory April 2023 April 2022 Percent Change Year-over-Year
22 | ELEVATE [ JUNE 2023 ]

Monthly Market Summary - April 2023

Manatee County Townhouses and Condos

Closed Sales Paid in Cash Median Sale Price Average Sale Price Dollar Volume Med. Pct. of Orig. List Price Received Median Time to Contract Median Time to Sale New Pending Sales New Listings Pending Inventory Inventory (Active Listings) Months Supply of Inventory April 2023 April 2022 Percent Change Year-over-Year
myRASM.com | 23

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24 | ELEVATE [JUNE 2023 ]

Join the Global Business Council

Join the Global Business Council (GBC) and connect to the world of real estate abroad. No international experience necessary! Our members gain unique perspectives through our programs and panels. Take an opportunity to join a trade mission to another country.

BROADEN YOUR HORIZONS & EDUCATION

Trade missions to Colombia and Panama allowed some of our members to learn about a new country, make new friendships, and important connections with our counterparts of other areas, while imparting wisdom about business here in the U.S.

We are an eclectic group of professionals always looking for ways to expand our horizons! We have members from other countries. Some members specialize in international business and some of us just want to learn what it’s all about and how to make a business of international sales and referrals.

Take an opportunity to widen your contacts and business by going to Toronto or London or Spain for their international conferences.

Get the NAR’s Certified International Property Specialist (CIPS) designation, which is coming to RASM in July. It’s a prestigious designation that many of our overseas contacts can boast of having as well.

GLOBAL COUNTRY SPOTLIGHTS SERIES

The Global Business Council offers a truly unique program called the “Global Country Spotlights Series.” In its third year, we explored numerous countries, how they do business and how referrals are completed. We get to the heart of the countries, learning about their economies, lifestyles and how international transactions are processed. We include local businesspeople who share their stories of creating a new business in the U.S.

A few of the countries we have hosted are Colombia, Spain, Hungary, Ireland, and the Bahamas. In March, South Africa was in the spotlight. Having a sip of South African wine finished our day! Portugal will be featured on June 21, France on September 12, and Italy on November 8, 2023.

JOIN THE GBC TODAY!

Joining the Global Business Council is easy. Only $25 per year allows you to participate in all our programs. Don’t miss an opportunity to expand your knowledge of the world of international business, make new connections and meet new friends! •

GLOBAL BUSINESS COUNCIL
myRASM.com | 25

Closing in the Summer… What to Watch Out For S

ummer is finally here! From pool parties and beach vacations to barbeques and boating, there is plenty to love about summer. It is also a great time to sell a house. Depending on the location, summer real estate markets can be faster and higher-priced. However, along with the benefits of selling a home during summer, there are some challenges. As the summer season begins, here is what you need to know before your closings so you don’t get burned.

ON VACATION - CLOSING WITHOUT A BUYER OR SELLER

As we dive into summer, we see an increase in closings where the buyer or seller will not be physically present on closing day. There are many ways to address this situation, but the best way is to plan. If you know the buyer or seller will not be present at the closing, contact the closing agent as soon as possible. This will give you and the closing agent time to ensure the closing goes smoothly, as if both the buyer and seller were present.

For example, if one of the parties cannot attend, they can sign their documents in front of a notary in their location and send the documents back to the closing agent. They can also pre-sign their documents in preparation for their departure.

FLORIDA HUMIDITY - MOLD’S PERFECT HABITAT

Mold and mold spores are common in household and workplace dust, and the high humidity from Florida’s sweltering summers is the perfect habitat for mold growth. In large enough quantities, mold can present health hazards such as respiratory problems and allergic reactions and can cause damage to the property.

As you head into these summer months, watch out for any signs of mold before closing. If your buyer is concerned or desires additional mold information, have them contact an appropriate professional.

HURRICANE SEASON

Reviewing the purchase agreements and understanding the significant impact specific clauses can have on your transaction during hurricane season is essential. For example, what happens if your buyer cannot obtain insurance before the closing due to the storm? What if there is a disruption of utilities or other utilities essential for closing? What special assessments may be necessary to access the damage after the storm?

In order to answer all of these questions (and more), we recommend having an experienced real estate attorney review the contract before closing to ensure your clients are protected this hurricane season. •

YOUNG PROFESSIONALS NETWORK
26 | ELEVATE [JUNE 2023 ]

NEIGHBORHOOD SPOTLIGHT

Twin Rivers

estled in between the banks of the Manatee River and Gamble Creek, in the quaint town of Parrish, Florida, you’ll find the beautiful community of Twin Rivers. As you take a drive through this community, it becomes evident that the developers of Twin Rivers have taken the time to carefully plan out this neighborhood. There is an amazing old Florida feel as you drive down Twin Rivers Trail; it almost feels like living in a nature preserve. In fact, hundreds of acres were set aside by the developer to be left undisturbed, and hundreds of others as open spaces and recreation areas.

Twin Rivers encompasses a little over 1,800 acres of farmlands, pastures, oak hammocks, and wetlands, with miles of frontage along the Manatee Rivers, and will boast a little over 900 homes upon completion. This community truly has something for everyone and will appeal to all ages. Homeowners can enjoy spacious and private backyards as well as an active community with plenty of recreational activities.

Feel like spending a lazy day by the river? You can walk or ride your golf cart down to the private River House (with direct access to the Manatee River) to enjoy a private boat ramp and fishing dock. Feeling adventurous? Take advantage of the provided kayak and canoe storage space and launch into the river for a

Nfun-filled day. Crave an active social life? Get involved with the many resident-sponsored events that this community has to offer. Hop on your bike and pedal on over to Gamble Creek Farms, less than a mile down the road, and grab a fresh sandwich, pastry, unbelievable meat and seafood, and of course, the freshest fruits and vegetables. Did you know they are also the suppliers to BeachHouse, Sandbar, and Mar Vista restaurants?

From the annual picnic to Easter egg hunts, numerous themed golf cart parades, semi-annual planned yard sales, neighborhood-sponsored fishing tournaments, and “food truck” Thursdays, there is truly something for everyone in this community.

But perhaps the most appealing part of Twin Rivers is that it is unlike every other “cookie cutter” community in Florida. Most homesites are a minimum of half an acre and range up to an acre plus. In addtion, the thoughtful decision to be able to “choose your own builder” leads to the dynamic diversity within the community.

Recent home sales range from $500,000 to $1.2 million. I challenge you to take a drive through this amazing community. Perhaps you will spot a deer with her fawn, a family of sandhill cranes, an alligator, or perhaps a group of manatees frolicking in the river. Twin Rivers is so close to everything yet tucked away in peaceful tranquility. Located just minutes north of Lakewood Ranch, the second fastest-selling masterplanned community in the country, minutes from 1-75 and 275, and just minutes from the best sugar-sand beaches in the country... this is truly the best of both worlds. Come see why so many people have fallen in love with Twin Rivers. •

myRASM.com | 27

June is National Homeownership Month

ational Homeownership Month is celebrated in June. It commemorates the value that owning a home brings to families, communities, and neighborhoods across America. By becoming a homeowner, people get a step closer to the American dream. This month also shares the joys of being a homeowner, which can encourage others to achieve the same thing.

HISTORY OF HOMEOWNERSHIP

I thought I would share a brief history of this event and the importance of homeownership. As Realtors®, you should have some knowledge and talking points about this important aspect of the American Dream and the role you play in it. Homeownership is a significant part of the economic and social fabric of our communities.

Most Americans had no way of really owning a home in the 1800s. Mortgages became common only after the U.S. banking system came into being after the 1860s National Bank Acts.

During the time of the Great Depression, banks did not have any money to lend, and the average borrower didn’t have any cash. As a result, people couldn’t afford to buy homes, while existing homeowners often failed to pay their debts. To stabilize the housing market, the U.S. government created the Home Owners’ Loan Corporation in 1933, the Federal Housing Administration in 1934, and the Federal National Mortgage Association (now known as Fannie Mae) in 1938.

NAll these institutions took homeownership to new heights and helped prevent a crash in the housing market. In its 87 years, the Federal Housing Administration (FHA) has saved America an almost $4 trillion loss of household wealth while it has helped more than 44 million citizens become homeowners.

HISTORICAL MILESTONES IN HOMEOWNERSHIP

What changed the face of the housing industry and that of the American economy was the G.I. Bill of 1944. This bill provided subsidized mortgages for the veterans of World War II. Another milestone in the history of American housing came when Congress passed the Fair Housing Act of 1968. The Act was signed by President Lyndon B. Johnson and banned discrimination in housing based on religion, race, gender, and national origin.

National Homeownership Week began in 1995, which was a strategy of the administration under President Bill Clinton to increase homeownership across America. Later, in 2002, President George W. Bush expanded the period of observance from a week to the entire month of June. National Homeownership Month reinforces the belief that owning a home is one of the steps toward achieving the American dream.

DID YOU KNOW?

Due to inflation, the lack of affordable housing, and other financial factors, the face of homeownership and home-related expenditures in America is changing.

ƒ In 2020, the homeownership rate (proportion of households occupied by the owner) in the United States was 65.8%.

ƒ The average American family spends $1,573.83 on housing expenses every month, as stated by the 2016 Consumer Expenditure Survey.

ƒ One-third of America’s 119 million households are cost-burdened, which puts more than 30% of their incomes towards housing charges and costs.

ƒ The average age of first-time homebuyers in the U.S. is 34 years.

ƒ Most millennials rent; in fact, more and more millennials are planning to rent forever. In addition, 69% of millennials said that they opted for renting because they couldn’t afford to buy a house.

Despite ongoing challenges, National Homeownership Month reinforces the belief that owning a home is one of the steps toward achieving the American dream. For more information on NAR’s commitment to expanding homeownership, visit www. nar.realtor/june-is-national-homeownership-month.

PROFESSIONAL DEVELOPMENT COMMITTEE
28 | ELEVATE [JUNE 2023 ]

A Wildly Successful Launch

Wild Blue at Waterside by Stock Development has dazzled homeowners with its spectacular location in Lakewood Ranch, incredible lifestyle amenities, and luxury single-family homes from 2,300 to over 4,000 square feet, built by some of the area’s finest luxury homebuilders.

You can live your best life at Wild Blue at Waterside. With a 13-acre sports complex featuring tennis and pickleball, kayak launch, and walking trails, there’s something for everyone. The 25,000-square-foot social clubhouse offers indoor and outdoor dining, two pools, a movie theater, and a fitness center. Plus, our lifestyle director organizes social events to bring the community together.

The launch of Phase I in this new waterfront community has been a tremendous success. Visit our sales center today and introduce your clients to the most anticipated new community in Lakewood Ranch, and learn more about the upcoming release of Phase II.

SALES CENTER: 8307 Lake Club Blvd., Lakewood Ranch, FL 34202 l 941.313.3852

WildBluelwr.com

Residences from over $1 million

Featuring homes by: ANCHOR BUILDERS • AR HOMES BY ARTHUR RUTENBERG • JOHN CANNON HOMES

LEE WETHERINGTON HOMES

• STOCK LUXURY HOMES

• STOCK CUSTOM HOMES

BROKER PARTICIPATION WELCOMED. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS REFERENCE SHOULD BE MADE TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. ALL RENDERINGS AND PLANS ARE PROPOSED CONCEPTS SHOWN ONLY FOR MARKETING PURPOSES AND ARE BASED ON THE DEVELOPER’S CURRENT PRELIMINARY DEVELOPMENT PLAN. DEVELOPER RESERVES THE RIGHT TO MODIFY, REVISE OR WITHDRAW THE PROPOSED DEVELOPMENT PLAN IN DEVELOPER’S SOLE DISCRETION WITHOUT NOTICE. NOTHING HEREIN OR IN ANY OTHER COMMUNICATION SHALL BE DEEMED TO OBLIGATE THE DEVELOPER, OR ANY AFFILIATE OF DEVELOPER, TO CONSTRUCT THE PROJECT OR OFFER ANY OF THE PROJECT FOR SALE, AND NOTHING HEREIN SHALL BE DEEMED A GUARANTY OF ANY KIND. THIS IS NOT AN OFFER TO SALE OR SOLICITATION OF OFFERS TO BUY. PRICES SUBJECT TO CHANGE WITHOUT NOTICE.

Proudly presented by

RASM Foundation Awards 20 Scholarships to Local Students

Every year, the REALTOR® Association of Sarasota and Manatee (RASM) awards college scholarships to local students. Through the RASM REALTORS® Charitable Foundation ( RRCF), scholarships are awarded at $2,000 each to both children or grandchildren of RASM members and to members of the public.

With the continued increase in funds, the RRCF was able to award 20 scholarships to students who are planning to attend or currently attend college. The RRCF Scholarship Committee reviewed more than 70 applications and spent two full days conducting interviews to determine the final 20. As a benefit to RASM members, ten of the 20 scholarships were awarded to children of RASM members, and the other ten were awarded to members of the community.

RASM MEMBER RECIPIENTS

Carissa Bailey, daughter of Pamela Bailey with Coldwell Banker Realty. Carissa is a graduate of Braden River High School and currently attends the University of Florida where she is majoring in Finance.

Kali Brown, daughter of Jessica Brown, a Realtor® with Coastal Luxury Partners, Inc. Kali currently studies nursing at Southeastern University.

Briana Cochran, daughter of Alison Cochran with Jones & Co. Realty, currently attends the State College of Florida where she is pursuing her career in Nursing.

Reese Davids, daughter of RASM member Jason Davids with Parkline Realty. Reese currently attends Florida Gulf Coast University as a Nursing major.

Lily V. Johns, daughter of Donna Johns with Florida Style Realty, Inc. Lily recently graduated from Braden River High School and plans to attend Rollins College to double major, one of her decided majors is Music for violin performance.

Olivya Johns is also a daughter of Realtor® Donna Johns with Florida Style Realty. Olivya is currently in her third year at the University of Central Florida where she is majoring in Business Marketing.

Logan Machenheimer, son of Tom Machenheimer, a Realtor® with Fine Properties. Logan graduated from Sarasota High School and plans to attend the University of Florida to study Geomatics.

Ty Smith, son of Karen Smith, a Realtor® with Premier Plus Realty, is currently at Florida Gulf Coast University where he is pursuing a Civil Engineering degree.

Zoe Strom, daughter of Pamela Strom with RE/ MAX Platinum Realty, recently graduated from Sarasota High School and plans to attend the University of Florida to study electrical engineering.

Layla Wade, whose guardian is Amanda Schwartz, a Realtor® with Wagner Realty. She recently graduated from Sarasota High School and plans to attend Florida Gulf Coast University to study environmental science.

RASM NEWS
Olivya Johns Logan Machenheimer Ty Smith Zoe Strom Layla Wade Carissa Bailey Kali Brown Briana Cochran
30 | ELEVATE [JUNE 2023 ]
Reese Davids Lily V. Johns

NON-MEMBER RECIPIENTS

Angelicia Anderson recently graduated from North Port High School and plans to attend the University of South Florida this fall to study in BioMedical Sciences.

Aidan Argueta graduated from Southeast High School and plans to attend the University of South Florida this fall to study Biology on a pre-med pathway.

Alyssa Collier graduated from Riverview High School and plans to attend the University of Florida this fall to study either Bio-Medical Engineering or Microbiology and Cell Science with a Minor in Conservation.

Madilyn Gemme graduated with dual enrollment from Lakewood Ranch High School and the State College of Florida. She plans to attend the University of Florida as a Journalism Major.

Olivia Heim recently graduated from Lakewood Ranch High School and plans to attend the University of Florida this fall to study applied Physiology and Kinesiology.

Oliwia Lubinska graduated from Venice High School and plans to attend the University of South Florida this fall to study Architecture.

Fabian Tlaloc Ortega graduated from Sarasota Military Academy and plans to attend the University of Notre Dame this fall to double major in Computer Science and Physics.

Reese Riley graduated from Manatee High School and plans to attend the University of North Florida this fall to study Finance with a focus in Real Estate.

Axa Salas is currently in her third year at Florida State University where she is majoring in Finance.

Skye van Gennip is a graduate of Venice High School and plans to attend Embry-Riddle Aeronautical University this fall to study Aeronautical Science.

Scholarships support tuition, textbooks, and other course-related fees. The funds to award these scholarships are donated through the generous support of members from various fundraisers and donations to the RASM REALTORS® Charitable Foundation.

The RRCF was formed as a 501(c)(3) in 2020 to house charitable giving activities at RASM. Since the Scholarship Program began in 2002, long before there was a Foundation, our REALTOR® Association has awarded more than $270,000 in scholarship money to local students.

The RRCF will continue to support its mission to create more impact in the community through the annual scholarship program, donations to housingrelated charities, and supporting RASM members in need during times of crisis. •

Angelicia Anderson Aidan Argueta Alyssa Collier Madilyn Gemme Olivia Heim Oliwia Lubinska Fabian Tlaloc Ortega
myRASM.com | 31
Reece Riley Axa Salas Skye van Gennip

RASM

NAR Welcomes FHFA’s Cancellation of August 1 LLPA Fee Increase

ast month, following significant urging from the National Association of REALTORS®, the Federal Housing Finance Agency (FHFA) rescinded its proposed loan level pricing adjustment (LLPA) upfront fee on borrowers with debtto-income ratios greater than 40 percent that was slated to go into effect August. In the wake of this announcement, NAR President Kenny Parcell issued the following statement:

“We are pleased that our advocacy efforts on behalf of our 1.5 million members and their clients were successful. We applaud the FHFA for listening to the industry’s concerns by choosing to drop this fee on borrowers with higher debt-to-income ratios. It would

Lhave imposed a cost on borrowers at a time in the market when affordability is already stretched and only made them riskier.

“Likewise, the FHFA’s decision to release a request for information on the other changes is a great example of good governance. NAR has worked with the FHFA to shape the LLPAs since their inception in 2008. We look forward to a thoughtful and deliberate process for the public, industry, and the regulators to clarify misconceptions and to arrive at the best policy for home buyers and the market.”

NAR previously wrote the FHFA urging it to require factors such as higher credit scores or larger down payments to offset this risk in lieu of higher fees that would only raise the borrower’s risk of default. The FHFA also announced that it will conduct a request for information on other new fees, such as those imposed on borrowers with higher credit scores and moderate down payments. •

NEWS
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NAR At Home with Diversity Certification

The National Association of REALTORS® (NAR) At Home with Diversity Certification (AHWD) class is designed to educate real estate agents about issues related to diversity, equity, and inclusion (DEI) in the real estate industry. Earning this certification allows real estate agents to show their dedication to promoting fairness and equality in their business while acquiring helpful knowledge and skills to serve their customers better. Here are some ways in which earning this certification can benefit your business.

1 | Better understanding of cultural differences: Real estate agents who complete the certification will gain a better understanding of the cultural differences and sensitivities that can affect their interactions with customers from diverse backgrounds. This understanding can help agents build stronger relationships and provide better service.

2 | Increased marketability: With the growing diversity of the U.S. population, many customers are seeking agents who have a deep understanding of the issues affecting diverse communities. By completing the certification, real estate agents can demonstrate their commitment to diversity and inclusion, which can help them stand out in a crowded market.

3 | Enhanced communication skills: Effective communication is critical in the real estate industry, and agents who complete the certification will learn strategies for communicating with customers from diverse backgrounds. This can help agents build stronger relationships, negotiate effectively, and close more deals.

4 | Access to a network of diverse real estate professionals: Real estate agents who complete the certification will join a network of other professionals who have also completed the program. This network can provide valuable opportunities for networking, learning, and collaborating with other agents who share a commitment to diversity and inclusion.

By taking the AHWD class, you’ll gain knowledge on how to be more sensitive towards diversity, implement fair housing laws in your business, and create effective guidelines for interacting with individuals in the real estate market who come from diverse cultural backgrounds.

Earn the AHWD certification at RASM North on June 12, 2023. Register at myrasm.com/calendar.

REALTORS® NEWLY DESIGNATED & CERTIFIED

At Home With Diversity

ƒ Andrew Barnard, RE/MAX Alliance Group

ƒ Evan McCloud Puckett, NextHome On The Water C2EX

ƒ David J. Crawford, Catalist Realty LLC

ƒ Heather Koester, Engel + Voelkers Sarasota

ƒ Vannesa Poole, Catalist Realty LLC

ƒ Cynthia Small, RASM

ƒ Elena Stefanoski, Preferred Shore CCIM

ƒ Gloria Nell Smith, Oceans Real Estate e-PRO®

ƒ Jerome Michael Dorsey, Coldwell Banker Realty Pricing Strategy Advisor

ƒ Lisa Marie Zambuto, RE/MAX Alliance Group Short Sale & Foreclosure Resource

ƒ Bradley Tayloe, Keller Williams Island Life Re Seniors Real Estate Specialist® (SRES®)

ƒ Christine Coleiro, Coldwell Banker Realty

ƒ Devon Figgins, RoseBay International Realty, Inc. •

PROFESSIONAL DEVELOPMENT
myRASM.com | 33

JUNE 2023 CALENDAR OF EVENTS

THURSDAY, JUNE 1

8:30 a.m. RASM Certification: Certified Waterfront Specialist [ South ]

FRIDAY, JUNE 2

9:00 a.m. CREA Marketplace [ South ]

9:30 a.m. Foreclosure Crash Course [ Online ]

TUESDAY, JUNE 6

2:00 p.m. Hurricane Preparedness [ North ]

WEDNESDAY, JUNE 7

8:00 a.m. GRI 301 (Day 1 of 2 ) [ South ]

10:00 a.m. Volunteer: F.E.L.T Food Drive [ Feeding Empty Little Tummies ]

4:00 p.m. Using ChatGPT in Your Real Estate Business [ Online ]

THURSDAY, JUNE 8

8:00 a.m. GRI 301 (Day 2 of 2 ) [ South ]

FRIDAY, JUNE 9

9:00 a.m. CREA Marketplace [ South ]

MONDAY, JUNE 12

8:30 a.m. NAR Designation: At Home With Diversity [ North & Online ]

THURSDAY, JUNE 15

1:30 p.m. Avoiding Real Estate Fraud [ South ]

FRIDAY, JUNE 16

9:00 a.m. CREA Marketplace [ South ]

TUESDAY, JUNE 20

9:00 a.m. New Member Orientation [ North ]

11:30 a.m. CREA: Land Use & Development Panel [ South ]

1:30 p.m. New Member Orientation [ North ]

WEDNESDAY, JUNE 21

11:30 a.m. REalize AI: Are You Ready for the Impact? [ North ]

p.m. Global Spotlight: Portugal [ South ]

THURSDAY, JUNE 22

a.m. WCR: 5 HR CE Event [ South]

p.m. YPN Celebrity Bartending [ Cask & Ale ]

FRIDAY, JUNE 23

a.m. CREA Marketplace [ South ]

WEDNESDAY, JUNE 28

8:00 a.m. GRI 302 (Day 1 of 2) [ South ]

THURSDAY, JUNE 29

8:00 a.m. GRI 302 (Day 2 of 2) [ South ]

FRIDAY, JUNE 30

9:00 a.m. CREA Marketplace [ South ]

THURSDAY, JULY 6

1:00 p.m. Building Your Business with Social Media [ Online ]

FRIDAY, JULY 7

9:00 a.m. CREA Marketplace [ South ]

MONDAY, JULY 10

8:30 a.m. CIPS Designation: Local Markets [ South & Online ]

TUESDAY, JULY 11

8:30 a.m. CIPS Designation: Transaction Tools [ South & Online ]

9:00 a.m. Business Partner Orientation [ South ]

WEDNESDAY, JULY 12

8:30 a.m. CIPS Designation: Discovering Asia/Pacific [ South & Online ]

THURSDAY, JULY 13

9:15 a.m. Business Partner Membership Meeting [ North ]

FRIDAY, JULY 14

9:00 a.m. CREA Marketplace [ South ]

MONDAY, JULY 17

8:30 a.m. CIPS Designation: Discovering Europe [ South & Online ]

TUESDAY, JULY 18

5:00 p.m. After Hours Networking [ Raffurty’s Bar & Grill ]

WEDNESDAY, JULY 19

8:30 a.m. CIPS Designation: Discovering The America’s [ South & Online ]

FRIDAY, JULY 21

9:00 a.m. CREA Marketplace [ South ]

MONDAY, JULY 24

9:15 a.m. Intro to Contracts [ South ]

1:30 p.m. New Member Orientation [ South ]

WEDNESDAY, JULY 26

8:00 a.m. GRI 101 (Day 1 of 2) [ South ]

THURSDAY, JULY 27

8:00 a.m. GRI 101 (Day 2 of 2) [ South ]

Advanced registration is requested. See event calendar at: myrasm.com/calendar

CALENDAR KEY:

[ South ] 2320 Cattlemen Road, Sarasota, FL 34232

[ North ] 2901 Manatee Ave W, Bradenton, FL 34205

[ Hybrid ] Class offered online or at specified location

[ Online ] Class is only offered through webinar

2:00
5:00
9:00
9:00
34 | ELEVATE [ JUNE 2023 ]

UPCOMING CLASSES

UPCOMING CLASSES

Learn more at myrasm.com/calendar to register.

HURRICANE PREPAREDNESS: YOUR ESSENTIAL GUIDE

Tuesday, June 6 2:00 - 4: 00 p.m. [ North ]

Be prepared this season with tips from our panelists on how to prepare your office and your properties before the storm and what steps to take after. Members Free.

GRI 301

Wed., June 7 - Thurs., June 8 8:00 a.m. - 5:30 p.m. [ South ]

In GRI 301, you will be introduced to property management, the forms of common ownership, the function of the appraisal and the steps in the appraisal process. This class also focuses on real estate exchanges, providing the terminology and principles of exchanging Members $60. 8 CE HRS.

AT HOME WITH DIVERSITY

Tuesday, June 12 8:30 a.m. - 4:30 p.m. [ North & Online ]

This NAR certification program is designed to present a picture of the changing face of the real estate industry. The AHWD course addresses topics of diversity, fair housing, and business planning development. Members $30. 7 CE HRS.

AVOIDING REAL ESTATE FRAUD

Thursday, June 15 1:30 - 3:00 p.m. [ South ]

This class covers topics such as common types of real estate fraud, how to spot red flags, and steps to take if you suspect fraud. Members Free.

REALIZE AI: ARE YOU READY FOR THE IMPACT?

Wednesday, June 21 11:30 a.m. - 1:00 p.m. [ North ]

During this exclusive Broker luncheon, our keynote speaker will provide insights on the latest developments in AI and how they are changing the way we buy, sell, and manage properties. Broker Licensees $20.

GLOBAL SPOTLIGHT: PORTUGAL

Wednesday, June 21 2:00 - 4:00 p.m. [ South & Online ]

Join us as we explore the rich history and traditions of Portugal and get an insight into their real estate market. In-person session will be followed with wine and cheese networking. GBC Members Free. Non-GBC Members $25 (includes GBC for the remainder of 2023)

YPN CELEBRITY BARTENDING FUNDRAISER

Thursday, June 22 5:00 - 9:00 p.m. [ Cask & Ale ]

Join YPN at Cask & Ale for a night of networking, socializing, and supporting our local foster care community. RASM “celebrities” are going behind the bar to compete for a chance to be crowned “best bartender.” All proceeds benefit Everyday Blessings, Inc. and the RASM REALTORS® Charitable Foundation. VIP Tickets $40. General Admission $25.

WOMEN’S COUNCIL OF REALTORS® 5 HR CE

Thursday, June 22 9:00 a.m. - 3:00 p.m. [ South ] Women’s Council of REALTORS® Manatee County presents a 5 HR CE event with world renowned coach, Neal Oates, Jr. Topics include expanding your global reach, working with affluent clientele, uncovering sources to connect with these individuals and more.

GRI 302

Wed., June 28 - Thurs., June 29 8:00 a.m. - 5:30 p.m. [ South ] GRI 302, will cover International Real Estate, Brokerage Management, Single-Family Residential Construction and Land, Environment and Private Property Rights. Members $60. 8 CE HRS.

BUILDING YOUR BUSINESS WITH SOCIAL MEDIA

Thursday, July 6 1:00 - 4:00 p.m. [ Online ] While many licensees are familiar with Facebook and Twitter for low or no cost social media marketing, you may not be as familiar with three of the most popular social media platforms: Instagram, TikTok, and YouTube. These apps can pay huge dividends by raising your profile in your local market. Instructed by Irvin Beacham. Florida REALTORS® Class. Members $10, Non-Members $20 3 HR CE.

Designation or Certification Courses [ Continued on page 32 ] myRASM.com | 35

MLS REQUIRED CLASSES

In-person MLS classes take place in the beginning of the month at RASM South and RASM North. Live webinars are available for required and elective classes. If you prefer to complete your required education by taking a self-paced online class, please visit learn.stellarmls.com

MLS BASIC

Monday, June 5 9:00 a.m. – noon [ North ]

Wednesday, June 7 9:00 a.m. – noon [ South ]

This required class teaches every new Stellar MLS subscriber the basics of how to use the Matrix MLS System to power their real estate business. Topics include navigating the system, setting up a property search, direct and auto emails, managing contacts, and personalizing the Matrix system.

MLS COMPLIANCE 101

Monday, June 5 1:00 - 2:15 p.m. [ North ]

Wednesday, June 7 1:00 - 2:15 p.m. [ South ]

A key purpose of the MLS is to provide real estate brokerages a mechanism to compensate each other for bringing buyers to each other’s listings. In order for this to work, it is critical that we share accurate data, and enter listings in a way to maintain the cooperative nature of the MLS. This required class for new subscribers reviews the MLS comprehensive Rules & Regulations to ensure that all users have access to the best data possible.

MLS ADDING & EDITING LISTINGS

Monday, June 5 2:30 - 3:45 p.m. [ North ]

Wednesday, June 7 2:30 - 3:45 p.m. [ South ]

This class is mandatory for agents who will be adding and modifying listings in the MLS. We walk through the process of gathering listing data, entering listings into the MLS, adding photos and attachments, and modifying listings, and share tips in the listing entry process. •

2023 GRI SCHEDULE

(Locations, dates, and times subject to change.)

ƒ GRI 301: June 7 - 8

ƒ GRI 302: June 28 - 29

ƒ GRI 101: July 26 - 27

ƒ GRI 102: August 9 - 10

ƒ GRI 103: August 23 - 24

UPCOMING CLASSES CONTINUED
Learn to work effectively with-and within-today’s diverse market.
/CALENDAR 36 | ELEVATE [ JUNE 2023 ]
myrasm.com

RASM Membership Update

RASM MEMBERS NOW WITH

Conner Harrison Ashley, Locals Realty LLC

Steven Askin, Florida Capital Realty

Graham Bailey, Charles Rutenberg Realty Inc

Sally J. Barrows, Keller Williams Island Life Re

Nazar Bas, Coldwell Banker Realty

Karenna Bays,William Raveis Real Estate

Denise M. Becker, Selling the Sunshine Realty LLC

Kim Haymore Bennett, North Manatee Realty I LLC

Kimberley Anne Blue, LPT Realty

Karen Bobo, Premier Sothebys Intl Realty

Dominique Brown, Florida Capital Realty

Catherine Noelia Calix, KW Suncoast

Cristin Marie Carter, Capozella Real Estate

Carla M. Chavez, Locals Realty LLC

Joseph Ray Davis, EXP Realty LLC

Casey Lee Dehelean, Preferred Shore

Donna Suzanne Deloach, Bright Realty

Cheri P. DeSarno, Berkshire Hathaway HomeService

David Andrew Donahue, LPT Realty

Stephanie Anne Edgerly, Living Vogue LLC

Ibrahim Elsawalhi, EXP Realty LLC

Allison Ficken, William Raveis Real Estate

Andrew Lawrence Foltz, Preferred Shore

Joshua Fraser, Bright Realty

Jill Christine French, Real Broker, LLC

Marco Dominic Graham, MDG & Associates Real Estate, LLC

Estraica Grayson, Michael Saunders & Company

Rebecka Guilfoyle, Preferred Shore

Andrew Harmon, Red Door Real Estate Group Inc.

Kristen C. Hernandez, Preferred Shore

Diana Marie Hill, Fine Properties

Allen Hovis, Preferred Shore

Jorge Luis Innecco Navarro, Coldwell Banker Realty

Linda DeLozier Ivell, Wagner Realty

Lindsey M. Johnson, Marcus & Company Realty

Christopher D. Kawcak, Sunshine State Condos LLC

Celestine Kerina, Coastal Luxury Partners, Inc.

Karen Christine Lamphier, Keller Williams On The Water

Alice Eileen Lewis, Preferred Shore

Alexis Nicole Lindahl, Preferred Shore

Isaac Loviglio, Marcus & Company Realty

Jeffrey Ralph Maglione, Coldwell Banker Realty

Ludmila Martinenko, Albert Wooster & Company

Marnie E. Matarese, Preferred Shore

Sandra Clemens Mayo, Fine Properties

Jeffrey Metzger, Prime Time Real Estate Inc.

Justyna Michalowska, Preferred Shore

Anthony McGannon Morris, Florida Coast Homes & Mortgage, LLC

Ashley Nicole Nevadomski, William Raveis Real Estate

Michelle Olds, Coastal Luxury Partners, Inc.

Spring Olivera, NextHome Excellence

Natan Otero, MVP Realty Associates LLC

Lucas Eemeli Palonen, Marcus & Company Realty

Artab Aparecida Pangallo, Compass Florida LLC

Francis Joseph Perdisatt, Preferred Shore

Matthew A. Perea, Fathom Realty FL, LLC

Dorothy Dayle Peyron, Amedore Homes, Inc

Michael Joseph Pote, Michael Saunders & Company

Aaron Pyman, NextHome Excellence

Lindsey D. Reid, Fathom Realty FL, LLC

Chris William Roads, Commercial Residential

Management LLC

Anthony Julius Rudolph, Marcus & Company Realty

Pierre J. Shaheen, Fine Properties

Mark N. Singer, Fine Properties

Nicole N. Skaggs, LPT Realty

Randy Landon Wyatt Starr, Exit King Realty

Betsy Sublett, The Sarasota Real Estate Comp.

Danielle Suppa, Wagner Realty

Boon Chieh Tai, Preferred Shore

Michelle Thermidor, Adams Homes Realty, Inc.

Maureen Ellen Thomas, Keller Williams Realty Select

Mark R. Traugott, Coldwell Banker Realty

Deborah Urban, Ronto Realty LLC

Samantha Michele Vitale, Coastal Luxury Partners, Inc.

Shauna L. Vitale, Engel & Voelkers Venice Downto

Ann Q. Vo, Charles Rutenberg Realty Inc.

Sarah Wampler, Living Vogue LLC

Nidale Weber, The Sunshine State Company

Cynthia Wickson, Grande Real Estate Services

Diane Marie Williams, LoKation •

MEMBERSHIP NEWS
[ Continued on page 34
myRASM.com | 37

NEW DESIGNATED REALTORS®

Nancy A. Allen, Wagner Realty

George S. Chung, REGIM LLC

Marco Dominic Graham, MDG & Associates Real Estate, LLC

Kevin Jarrett, Land Wealth Realty

Christopher Daniel Kawcak, Sunshine State Condos LLC

Philip Kolbrich, Top Florida Homes

Michael A. Kozenko, Tyke Appraisals

Kathleen T. McDaniel, Grande Real Estate Services

Anthony McGannon Morris, Florida Coast Homes & Mortgage, LLC

Dorothy Dayle Peyron, Amedore Homes, Inc.

Alexander Abraham Pontillo, Real Property Management Suncoast

Chris William Roads, Commercial Residential Management LLC

Hon Shan Wong, All County Gulf Coast Property Management

NEW REALTORS®

Velen M. Ambalam, Jones & Co Realty

Joshua Robert Baldwin, Club Realty

Theresa Barbee, Adams Homes Realty, Inc

Alan Christopher Berger, Berkshire Hathaway HomeService

Ciara Bloomfield, Coldwell Banker Realty

John Charles Brannan, Premier Sothebys Intl Realty

Barbara M. Bueche, Adams Homes Realty, Inc.

Aryanna Elizabeth Burch, Coastal Luxury Partners, Inc.

Calvin Jay Cadena, Charles Rutenberg Realty Inc.

Michalah Marie Casciani, Anna Maria Life Real Estate

Faith Castleberry, Adams Homes Realty, Inc.

German Castro, Preferred Shore

Nicholas Lawrence Cavalluzzi, Duncan Real Estate, Inc.

Liliya Chegrintseva, Wagner Realty

Bonnie Condor, Coldwell Banker Realty

Cody Cook, ROVI

Lucia Davis, Signature Premier Properties LLC

Enrique I De Barros, Fine Properties

Lecio Depaula, RealtyOne

Jennifer Marie DeStefano, Coldwell Banker Realty

Kristin A Dunlop, Century 21 Beggins Enterprises

Kindra Dunsmore, Miranda R E Group Naples FL

Corey Ellis, Century 21 Beggins Enterprises

Francine Mona Fields, Bay West Realty Group

Debra Forkan, Coldwell Banker Realty

Jacob Jason Freund, Living Vogue LLC

Carolyn J. Gable, Compass Florida LLC

Angie Giraldo, Coastal Luxury Partners, Inc.

Eric Hanely, Keller Williams On The Water

Heather Hawley, Preferred Shore

Amy Heidke, Coldwell Banker Sunstar Realty

Garrett Heskett, Keller Williams Island Life Re

Greta Hughes, Coastal Luxury Partners, Inc.

June Jorgensen, Coldwell Banker Realty

Peyton Joyce, Coldwell Banker Realty

Frank A. Justin, RE/MAX Alliance Group

Sergey Latyshevich, All Seasons Realty LLC

Tyvan Brett Lindbeck, Savvy Avenue, LLC

Kelly S. Loya, Living Vogue LLC

Beverly Jane Mandell, EXP Realty LLC

Melissa Mariano, KW Suncoast

Alexandra Gabrielle Mast, Michael Saunders & Company

Luis A. Matos, Weichert Realtors® Hallmark Properties

Wendy Medina, Align Right Realty SRQ Opulence

Aurelia Marion Nolin, Century 21 Beggins Enterprises

Rhae Ann Ongstad, Preferred Shore

Angelica Ortiz, Coastal Luxury Partners, Inc.

Robert Lee Peltier, Real Property Management

Suncoast

Nancy Marra Perron, Boyd Realty

Michael Pietron, Keller Williams Realty Select

Wendy Michelle Puffenburger, Leslie Wells Realty, Inc.

Jose Ramirez, Real Broker, LLC

Tommy W. Reed, Preferred Shore

Ester Remezov, Preferred Shore

Jan Louise Roberts, Sanderling Real Estate

Whitney Silfies, BlueSRQ Real Estate INC

MaryBeth Taylor Singer, Robert Slack LLC

Dawn Renee Sites, Exit King Realty

Alexis Marie Spitalieri, Fathom Realty FL, LLC

Rachel Tarro, Exit King Realty

Abraham Uccello, Waterside Realty LLC

Ronald Mark Vandiver, Coldwell Banker Realty

Stacie D. Velliquette, Keller Williams On The Water

Luis Ruben Viera, SVN Commercial Advisory Group

Julia Villacis, Frank Hill Realty of Florida and Michigan

Jessica L. Vinson, Town & Country Properties of FL

Patricia T. Whalen, Coldwell Banker Realty

Bradley Wilson, M&M Property Management Group

Victoria Rose Wood, Signature Premier Properties LLC •

MEMBERSHIP NEWS
38 | ELEVATE [JUNE 2023 ]

NEW BUSINESS PARTNERS

ARMSTRONG PROPERTY INSPECTIONS, LLC

4308 Noble Place

Parrish, Florida 34219

Representative: Chris Armstrong

Email: armstrongpropertyinspections@outlook.com

We service all of Manatee and the surrounding counties. There is nothing easy about buying a home, from the financial implications to the weight of such an impactful decision—but with the right plan in place, success is just around the corner. Chris dedicates himself to helping clients gain the knowledge, confidence, and peace of mind to purchase a home that is safe and one they will love for years to come.

BUFFALO LODGING

305 N. Cattlemen Road

Sarasota, Florida 34235

Representative: Ashlyn McCarty

Email: amccarty@buffalolodging.com

Buffalo Lodging Associates is a community of welcoming, committed, and passionate associates driven to provide a best-in-class hospitality experience and operational excellence. Founded in 1996, our mission from day 1 has always been to provide exceptional customer service, which stems from our well-trained, courteous, and dedicated employees.

CUSTOM PAINTED KITCHENS & MORE

4537 Chimney Creek Dr

Sarasota, Florida 34235

Representative: Jeffrey Zepp

Email: jeff@zeppartinc.com

Custom Painted Kitchens is known for producing beautiful faux painting and other custom design work. From walls and ceilings to furniture, we give houses complete renovations. Transform what already exists without the hassle of demolition.

JUSTIN ADAMS SURFACE RESTORATION

1346 Western Pine Circle

Sarasota, Florida 34240

Representative: Justin Adams

Email: yourgunguy123@yahoo.com

Contact us for quotes and questions.

LINDA HOLLEY, LLC

2448 Clubhouse Drive #102

Sarasota, Florida 34232

Representative: Linda Holley

Email: LHolleyRealtor@yahoo.com

Author of Failure to Disclose.straightforward, easy-tounderstand questions.

OVERTURF’S FLOOR & FABRIC CARE

1625 Manatee Ave E

Bradenton, Florida 34208

Representative: Robyn Deakin

Email: robyn@cleaningmanatee.com

Welcome to Overturf’s Floor & Fabric Care. We offer firstclass cleaning services in Sarasota and Manatee counties for both residential and commercial properties.

PRO-MOTION NOTIONS

4411 Bee Ridge Road #301

Sarasota, Florida 34233

Representative: Annette Gueli

Email: production@notionsunlimited.com

We provide quality imprinted promotional products to assist in the implementation and development of EFFECTIVE marketing plans within your budget! Our “ON TIME OR IT’S FREE GUARANTEE” will help put your mind at ease.

REAL PROPERTY MANAGEMENT SUNCOAST

5250 17th St Unit 106

Sarasota, Florida 34235

Representative: Robert Peltier

Email: rob@rpmsuncoast.com

We will help you protect your investment, provide comprehensive professional service, minimize your costs and maximize your income. We are 100% focused on providing quality residential property management service to property owners and residents.

RUSS REPAIRS

1406 Dartmouth Dr

Bradenton, Florida 34207

Representative: Russell Allen

Email: Russrepairs@yahoo.com

Carpet cleaning & water damage.

SAVVY MORTGAGE LENDING

2435 Central Ave

Saint Petersburg, Florida 33713

Representative: Tracie Mayo

Email: tracie@savvymortgage.com

Let our experienced team of Mortgage Advisors guide you through the buying or refinancing process quickly, efficiently, and confidently.

TRACY L. MAINGUY, ESQ.

12161 Mercado Drive #234

Venice, Florida 34293

Representative: Tracy Mainguy

Email: tlmainguy@chbskyline.com

Whether you find yourself immersed in a conflict involving property already purchased or need assistance on the front of your real estate transaction

Tracy Mainguy can help. •

MEMBERSHIP NEWS
[ Continued on page 36 myRASM.com | 39

New Team Member

In April, RASM welcomed Leah DeCesare (da-chez-aray) as our Special Events Coordinator. In this role, Leah works on annual events, including REALTOR® Day, the education conference, the CREA Golf Tournament, and other annual events at RASM.

Leah is not only new to RASM, but also new to the area. She and her husband moved their empty nest from Rhode Island to Bradenton in September.

Leah is a graduate of Syracuse University and earned her Master of Fine Arts from Salve Regina University in Newport. Most recently, she worked as the Assistant Director of Conferences and Special Events at Bryant University where she also taught writing. Leah is a published author, and her debut

novel, FORKS, KNIVES, AND SPOONS, has won nine awards.

A s she settles into the community, she’ll soon be volunteering for The Twig, a local charitable organization that assists children in foster care, and she’s still looking for tennis partners and a book club.

Welcome to R ASM, Leah! •

BUY-A-BRICK

Pave the way toward a brighter future for college-bound students, housing-related non-profits, and REALTORS® in need through your purchase of an engraved brick.

All proceeds go directly toward the 3-pronged mission of the RASM REALTORS® Charitable Foundation:

RRCF OBJECTIVES

Support local housing-related non-profits

Provide student scholarships for higher education

Assist RASM members in crisis

RASM NEWS
SCAN TO ORDER MYRASM.COM/FOUNDATION ORDER BY JULY 31! Pick your location and order your brick before the deadline. 40 | ELEVATE [JUNE 2023 ]

Empower and engage our REALTOR® community by delivering essential services, resources, education, and experiences that elevate member success and professionalism, while advocating for REALTOR® initiatives and private property rights.

local association in florida

in scholarships awarded in 2022

We are an innovative and relevant association that elevates the standards of professional excellence, and are critical to our members’ success, while providing value to our community. $45,000 donated to local charities in 2022 $120,000 raised for the foundation in 2022

www.myrasm.com • (941) 952-3400 2 counties 18 employees 15 directors 15 committees 480+ affiliates 8,900+ realtor® members
largest local association in united states RASM SOUTH 2320 Cattlemen Road, Sarasota, FL 34232 RASM NORTH 2901 Manatee Avenue W., Bradenton, FL 34205
brian tresidder president tony barrett president-elect debi reynolds vice president david crawford treasurer tony veldkamp past president 2023 LEADERSHIP TEAM FLORIDA REALTORS® PAC (2022) members invested in florida realtors® pac 2,639 $307,500 invested into rpac by rasm members in 2022 50 major investors MISSION
#44
#7 largest
VISION
$34,000
For more detailed reports, visit myrasm.com/statistics PHONE: (941) 952-3400 FAX: (941) 952-3401 www.MyRASM.com EXPANDED REPORTS Sarasota and Manatee Counties April 2023 Reach Further W ith The Market.
Closed Sales Median Sale Price Closed Sales Median Sale Price Closed Sales Median Sale Price Short Sale Foreclosure/REO April 2023 April 2022 Percent Change Year-over-Year Traditional
44 | ELEVATE [JUNE 2023 ]
Monthly Distressed Market - April 2023 Sarasota County Single-Family Homes
Closed Sales Median Sale Price Closed Sales Median Sale Price Closed Sales Median Sale Price Short Sale Foreclosure/REO April 2023 April 2022 Percent Change Year-over-Year Traditional Monthly Distressed Market - April 2023 Manatee County Single-Family Homes myRASM.com | 45

Monthly Distressed Market - April 2023

Sarasota County Townhouses and Condos

Closed Sales Median Sale Price Closed Sales Median Sale Price Closed Sales Median Sale Price Short Sale Foreclosure/REO April 2023 April 2022 Percent Change Year-over-Year Traditional
46 | ELEVATE [JUNE 2023 ]

Manatee County

Closed Sales Median Sale Price Closed Sales Median Sale Price Closed Sales Median Sale Price Short Sale Foreclosure/REO April 2023 April 2022 Percent Change Year-over-Year Traditional
Monthly Distressed Market - April 2023
Townhouses and Condos myRASM.com | 47

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