Sarasota Manatee Realtor Magazine - RASM - August 2018 Issue

Sarasota/Manatee

REALTOR® The Official Publication of the REALTOR® Association of Sarasota and Manatee

Realtor® Safety Month Knowledge. Awareness. Empowerment.

September 2018

IN WITH THE NEW F LO R I DA L I V I N G YO U R WAY On Florida’s Gulf Coast, exceptional residential opportunities are geared toward a wide array of lifestyle aspirations — from a dream home in the suburbs to a pied-à-terre in the heart of the city.

Michael Saunders & Company represents a wide spectrum of communities from Bradenton to Boca Grande, because we know that one size does not fit all. Customers are looking for unique options that are tailored to the way they want to live.

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Palma Sola Bay Club The Lifestyle You Deserve • PalmaSolaBayClub.com From the $300,000s • 941.761.7349 • 3410 77th St. W., Bradenton

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GET IN TOUCH Contact us at 844.591.4333 or InWithTheNew@michaelsaunders.com

August 2018. *Limited time offer. Contact community for more information.

844.591.4333 | 100 SOUTH WASHINGTON BOULEVARD | SARASOTA, FLORIDA

Sarasota/Manatee

REALTOR

®

Visit our website at www.MyRASM.com for Association news, events and services.

table of contents 6

Cover Story

The National Association of REALTORS® (NAR) has designated September as Realtor® Safety Month to remind agents that there is potential for danger in the field of real estate.

12 Realtor® Attorney Joint Committee

Stephen D. Rees, Jr., Attorney, discusses everything you need to know when buying or selling waterfront property.

6

23 Market Analysis July inventory falls short, but sales continue to climb year-over-year. The condo market is strong with more pending sales and new listings this month.

28 CID Update David Roth, CID President, discusses the importance of the CID Friday marketing sessions and the value of joining the CID.

35 Neighborhood Spotlight Susan J. Miller; Sales Associate with Premier Sotheby's International Realty, takes us on a tour through the charming neighborhood of Longwood Run.

In Every Issue

On the Cover Realtor® Safety Month

. . . . CONNECT WITH THE EDITOR Do you have an idea for an article or want to submit images, stories or ideas?

We would love to hear from you! Email the Editor at Beth@MyRASM.com.

RASM reserves the right to review and approve all content.

35

Sarasota/Manatee REALTOR® Magazine Volume 15 • Issue 9 • SEPTEMBER 2018 REALTOR® Association of Sarasota and Manatee South Office - 2320 Cattlemen Road Sarasota, Florida 34232 North Office - (Temporary Location) 417 12th Street West, Suite 106 Bradenton, FL 34205 Phone: 941-952-3400 FAX: 941-952-3401 www.MyRASM.com

2018 Association Officers President: Greg Owens, Keller Williams on the Water President-Elect: Amy Worth, RE/MAX Platinum Realty Treasurer: David Clapp, RE/MAX Alliance Group Secretary: Christina Pitchford, Suncoast Homes & Dreams Immediate Past President: Xena Vallone, Xena Vallone Realty Chief Executive Officer: Jeff Arakelian

14 - YPN 16 - Government Affairs 31 - Global Business Council 32 - Education Programs 36 - Membership 39 - WCR Report 40 - Calendar of Events/Education

4 SEPTEMBER 2018

12

Mission Statement: The mission of the REALTOR® Association of Sarasota and Manatee is to keep the Realtor® central to the real estate transaction by advancing members’ professionalism and expertise while upholding the Realtors® Code of Ethics. We are committed to protecting private property rights in the communities we serve. The Sarasota / Manatee REALTOR® Magazine is published monthly by the REALTOR® Association of Sarasota and Manatee, Inc.

Sarasota/Manatee REALTOR® Magazine

Staff Contributors: Member Services Manager: Jessica Montague Director of Information Technology: Jesse Sunday Professional Development Manager: Janet Sowers Government Affairs Director: Maxwell Brandow Communications & Marketing Manager: Gina White Magazine Editor: Beth Sunday Production: Coastal Printing, Inc. Subscriptions: The annual dues of every member of the REALTOR® Association of Sarasota and Manatee, Inc., includes a one-year subscription to Sarasota/Manatee REALTOR® magazine.

Editorial ideas and manuscripts are welcome.

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. 2018 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 and deadlines, contact Beth Sunday at 941-952-3417 or email Beth@ MyRASM.com.

www.MyRASM.com

Business Partner Spotlight: Wallace Welch & Willingham - W3 Insurance Nancy Smith, Personal Insurance Advisor with Wallace Welch & Willingham (W3 Insurance), has over 12 years of experience in the property and casualty insurance industry. This experience, along with her desire to empower clients through education of insurance products and options available, makes her a valuable advisor to both her clients and business partners.

As a member of the W3 Insurance team, founded in 1925, Nancy is backed with over 90 years of service to Florida families and businesses. W3 is proud to represent some of the best insurance carriers in the industry, which gives us the ability to offer a variety of options for competitive costs and provide personalized service.

Nancy looks forward to building long lasting relationships with her clients and the members of RASM by serving with openness, honesty, and care in every situation. Nancy is here to help and can be reached by email, nsmith@w3ins. com or phone 941-37-7283 ext 307.

Real Estate Closings

Bob

Chuck

George

Jim

GeorgNancy e

Bob

Jim

Robert Burbeck, Owner 1342 N. Lime Ave., Sarasota, FL 34237 (941) 953-3773 • (941) 713-4348 www.sarasotalockandkey.com Bonded and Insured Safes • Locks • Keys • High-security Locks • Multi-lock • Medeco Largest selection of Key Blanks in Area

Lucy McC

Chamber Member since 1964 Associated Locksmiths of America Safe & Vault Techncians Association

Sarasota | Venice | Lakewood Ranch

Deed in Lieu Foreclosure Defense

Title Insurance Buyer/Seller Representation

Bankruptcy Probate

Contract Preparation Short Sales

Chuck

Attorney Cynthia A. Riddell criddell@rlglawrm.com 941-366-1300

1031 Exchanges

www.rlglawrm.com www.MyRASM.com

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

5

REALTOR® Safety Month Knowledge. Awareness. Empowerment.

We live in such a fast-paced society, that we often don’t take the time to think through every situation.

And yet inattention is one of the main reasons people find themselves in dangerous situations. The National Association of REALTORS® (NAR) has designated September as Realtor® Safety Month to remind agents that there is potential for danger in the field of real estate.

NAR and RASM are dedicated to educating members on the dangers they face every day, to be aware of their surroundings, and to empower themselves with precautions and preparations so that they can avoid risky situations. While this month reminds us of the importance of Realtor® Safety, all agents need to consider how safe they are every day.

About the Realtor® Safety Program Knowledge. Awareness. Empowerment. These are the core components of NAR’s Realtor® Safety Program.

The risks Realtors® face seem to grow more frequent and more complicated. Like many other jobs that require interaction with the public, selling real estate involves some risk. Whether it’s putting up signs along the highway or showing a house to a prospective buyer, personal safety is often at stake.

NAR wants to empower Realtors® to recognize risks and protect themselves — both on and off the job. The strategies to being safer on the job are simple: Know how to react appropriately to a dangerous situation; be constantly aware of your surroundings; and empower yourself with careful precautions. ¹

Top

COVER STORY

SAFETY TIP! Stranger Danger Don't show homes by yourself. Not all agents, buyers and sellers are who they say they are.

Predators come in all shapes and sizes. We tell our children not to talk to strangers. Tell your sellers not to talk to other agents or buyers, and to refer all inquiries to you. ²

2017 Member Safety Report As part of the Realtor® Safety Program, NAR created the 2017 Member Safety Report. The goal of the report is to measure and understand the scope of the safety problem, so that real estate professionals can develop the resources, programs, and technologies they need to keep themselves safe. This report contains the results of a member survey of Realtors®, asking: How safe or unsafe members feel • The root causes of any unsafe feelings • Steps or procedures they follow to ensure safety • What methods of self-defense they use

Proactive Procedures for Safety The information gathered by the NAR report provides a good understanding of Realtor® safety concerns, namely, the need for being ready and prepared.

Statistics on Proactive Safety Procedures: • 39% of members have participated in a self-defense class, however this is more common among males (41%) then females (37%).

• 20% have participated in a Realtor® safety course, however this course is more likely among females (22%) then males (16%).

• Among those who participated in a Realtor® safety course, 71% feel more prepared for unknown situations after taking the course.

• The typical member meets 50% of their prospective buyers and sellers that they do not know in a real estate office of a neutral location before first viewing a home. ³ To read the 2017 Member Safety Report in its entirety, visit www.nar.realtor/2017-member-safety-report.

6 SEPTEMBER 2018

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

The NAR report finds education to be paramount to Realtor® safety. Realtor® and Safety Expert "Ric" Ruiz del Vizo P.A. tells us that being prepared can significantly reduce the “freeze factor” that tends to occur when one is suddenly placed in a dangerous situation. Ruiz del Vizo is passionate about Realtor® safety and empowering agents to be prepared should a dangerous situation present. He believes that Realtors® are not putting safety first and that the issue is two-fold: 1. A lack of awareness and training. The number of attacks, close-calls, suspicious situations, etc. is thankfully a low number in comparison to the number of agents working in real estate. Statistically, the number is low relative to actual assaults, but I believe that one is too many where most attacks could have been avoided through awareness and training. In the 2017 Realtor® Safety Report, it states that 35% of Realtors® reported having experienced a situation where they felt in fear of their safety or the safety of their personal info. That is a significant number of Realtors® who have had a potential close call.

2. Agent Complacency. This ties into awareness and training as well. If we are not educating our agents and increasing awareness, then they are going to be more concerned with their business/bottom line and not place safety first when conducting business. Regular training, minimum standards for brokerages, and having safety policies in place is imperative.

TOP Safety Tips

“There are many great resources for Realtor® Safety tips, but these are my top three,” said Ruiz del Vizo.

1. Mindset. Every agent needs to have a high level of awareness when showing properties to strangers or conducting an open house. Common Sense applies here.

If your gut or intuition are telling you "this doesn't feel right"...get out of the situation.

2. Prequalify. This is just a smart business strategy, and imperative to sift out anyone who has a plan of attack and does not want to get caught. You should never show property to someone you have not vetted personally and financially.

3. Use your phone and cameras. Whether you are an Apple person or an Android person, both phones come with safety features to notify your contacts in the event of an emergency. Learn them and use them. Place signs in front of your open house stating that video surveillance is in use. However, don’t just say it, do it. Use your laptop camera or an extra cell phone connected to WIFI to livestream your open house. There are also plenty of live streaming cameras available on the market. www.MyRASM.com

"If your gut or intuition are telling you 'this doesn't feel right' ... get out of the situation. No commission is worth your life or the scars an attack on leave on a person," Ricardo "Ric" Ruiz del Vizo P.A., Realtor®, Safety Expert Self-Defense Taking a self-defense class is an excellent way to train your body on how to react in a dangerous situation. It can greatly reduce one’s tendency to freeze in a panic, if you can react on what you’ve learned to thwart off an attack.

“The key to self-defense is you are trying to get away... build distance and run/yell for help,” added Ruiz del Vizo. “I firmly believe that some sort of defensive weapon should be in the possession of every Realtor®.

They should be proficient in their use and prepared to act. Strikes should be employed to disable the attacker very quickly as this may be your only chance. Remember this is a fight for your life and your future. No one should take that from you,” said Ruiz del Vizo. ⁵

Top

Expert Advice

SAFETY TIP! Don’t be too public Limit the amount of personal information you share. Consider advertising without using your photograph, home phone number and/or home address. Don’t use your full name with middle name or initial. Use your office address—or list no address at all. Giving out too much of the wrong information can make you a target. ²

Utilizing Smart Phones Smart Phones are used for just about every industry and they are a great safety tool as well. “Today, more and more real estate agents use smartphone apps to manage their real estate business, but they should also look at apps that can enhance an agents safety,” said David Clapp, Managing Broker and Director of Education, RE/ MAX Alliance Group.

“Phone apps such as Lifeline Response, Project Safety, and Agents Armor are just a few apps that are out there to help provide an extra layer of safety for agents. Apps like BSafe, which tag the user's location on a map when activated in an emergency, and live stream everything to your designated guardians, can help take the risk out of meeting a potential client for the first time,” said Clapp.

Sarasota/Manatee REALTOR® Magazine

Continued to page 8 SEPTEMBER 2018

7

The importance of basic common sense and gut instinct cannot be reiterated enough; it’s our first innate line of defense. “Always meet a customer for the first time at the office,” continued Clapp, “and if that is not possible the website www.MeetMeHereFirst.com provides business locations that have offered to be a safe meeting spot. Just put in the zip code where you need to meet someone, and you will get a list of safe locations that are available to meet at. Never meet an unknown customer for the first time at a remote property, unoccupied property, or late in the evening when it’s dark.”

Safety is Personal “One thing that we always preach here at the Sheriff’s Office is that personal safety needs to be personal, meaning that people themselves have to take it seriously since no one else will,” said Lt. Robert Andrews with the Manatee County Sheriff’s Office Crime Prevention unit. “Realtors® have a unique business practice as they routinely have to meet unknown people at unknown locations. Here are some tips that we would like to remind people about.”

• Don’t leave valuables in vehicles when showing houses. Purses, cell phones, and wallets have lots of personal information that can be used for identity theft.

• When meeting a client at a new property, research the house or property beforehand. Know the property as best as you can so you know where to go in an emergency.

• Sarasota and Manatee County now use text to 911 as a way for people to get emergency assistance. If you’re in a situation that you need emergency help and can’t talk, you can simply text 911 and get medical or law enforcement help immediately.

• Learn as much as you can about a new client. A name and address can allow you to learn a lot about a person and their past. There are several free public records websites that can help you determine if this is not someone that you want to meet late at night by yourself. ⁶

Email Phishing The risk of physical harm isn’t the only danger Realtors® face. NAR urges its members and Realtor® Associations to be on high alert for email and online 8 SEPTEMBER 2018

Top

“There is also an App called “Forewarn” that will allow you to do your due diligence on an unknown prospect just based on their cell phone number. Find out any criminal history, and much more background information before you meet them. However, as great as technology is, it doesn't replace common sense.”

SAFETY TIP! Wear your REALTOR® ID Always wear visible company identification such as a badge. It is also best to drive a vehicle clearly marked with your company name. These will be invaluable for identification if you need to get assistance. ²

fraud. Unfortunately, online fraud is a growing trend and scammers are becoming more convincing than ever before. ⁷ “Always think before you click," said Jesse Sunday, RASM Director of IT. "Look for clues that something is off, such as misspellings, misuse of words, or an offer that is too good to be true. Never click on any links or download documents that you aren't expecting or can't validate the source. Email scams are big business, so scammers have become very good at what they do, sometimes doing extensive research on their intended target as to better deceive the recipient. We often work so quickly that we don't take the time to think before we open an email and that can be costly,” added Sunday.

Knowledge. Awareness. Empowerment.

We live in such a fast-paced society, that we often don’t take the time to think through every situation. And yet inattention is one of the main reasons people find themselves in dangerous situations. This September, observe Realtor® Safety Month and make a year-round commitment to keep Realtor® safety top-of-mind, avoid risky situations, and stay safe on the job. For 10 years, NAR has provided information and tools to promote Realtor® Safety during the month of September and throughout the year because they are passionate about the safety of their members. Realtors®, need a personal safety protocol in place that they use every day with every client, whether meeting new clients, showing properties or sharing information online. No one likes to dwell on the potential dangers Realtors® face but entering into every situation fully equipped and prepared can make a huge difference in the outcome.

Sources: 1.

2.

3.

4.

5.

6.

7.

www.nar.realtor/safety www.nar.realtor/safety/56-safety-tips-for-realtors www.nar.realtor/2017-member-safety-report www.nar.realtor/articles/internet-security-best-practices.

Realtor® and Safety Expert "Ric" Ruiz del Vizo P.A. Manatee County Sheriff's Office, Crime Prevention www.nar.realtor/from-the-nar-web-team/scam-alertemail-phishing-attempt 8. www.nar.realtor/safety/14-simple-steps-for-safeguardingyour-office

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

NAR's Simple Steps for Safeguarding Your Office

Close the deal with

Wilde Insurance Services.

1. Know staff in other nearby businesses and be aware of their schedules.

2. Ensure that all doors other than the main entrance are secured.

3. Make certain windows are not obscured so that passersby can see in.

4. Make sure there is a clear exit route from the service desk to the door.

5. Never allow visitors to wander freely about the business. Have the person whom they want to see come to the front office area and escort the individual to the meeting area.

Mike Moran, Certified Insurance Counselor (CIC) Auto • Homeowners • Business • Flood

6. Have a visitor log book and policy on issuing visitor tags that limit access to certain areas.

WildeInsuranceFL.com 941.203.8000

7. If you encounter an individual while working late or alone, indicate to that person that you are not alone. Say something like, “My supervisor will be right with you and should be able to assist you.”

8. Keep personal information private. Avoid discussing where you live, after-work or vacation plans in front of customers, new coworkers or anyone in general with whom you are not comfortable.

9. Never leave valuables, purses or wallets tucked behind counters or on desks.

10. Lock away personal letterhead and business cards to avoid use by unauthorized people.

11. Mark equipment for easy identification in the event of theft or damage.

12. Lock up audio/visual equipment when not in use.

13. Secure spare and master keys in locked cabinets.

14. Protect client information. Most offices keep sensitive personal information on their computers and/or in paper files—names, Social Security numbers, credit card or other account data—that identifies customers or employees. ⁸ www.MyRASM.com

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

9

Submit Your 2018 RASM Award Nominations Applications must be received by Wednesday, October 3, 2018 Each year, RASM honors five members for their service to the Realtor® organization, service in the community, business accomplishments and more. We need your help to identify the recipients for 2018. If you know a member whom you feel is deserving of such recognition, please submit a nomination for them, or urge them to submit their own. You can also self-nominate.

Award applications must be received by Wednesday, October 3 to be considered by the 2018 Nominating Committee. Applications are available at myrasm. com/2018awards.

• The Newcomer Award recognizes a new Realtor® who joined RASM on or after June 1, 2016.

• The Humanitarian Award honors the lifetime contributions of a member who embodies the spirit of community service.

• The Realtor® of the Year Award recognizes a member’s contributions to the profession, community, and fellow Realtors® during the past three years.

10 SEPTEMBER 2018

• The Distinguished Service Award honors the lifetime contributions of a Realtor® to the profession and the community.

• The Business Partner of the Year Award recognizes a Business Partner member for outstanding contributions to RASM, the real estate industry, and community service.

This year’s recipients will be featured in the December magazine and honored at the 2018 Installation and Awards Banquet on Thursday, December 6 at The Westin Sarasota.

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

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Realtor® Attorney Joint Committee All Things Waterfront

By Stephen D. Rees, Jr., Attorney, Icard, Merrill, Cullis, Timm, Furen, & Ginsburg, P.A. Southwest Florida is blessed with beautiful rivers, bays, passes, and of course, the Gulf of Mexico. However, there are many waterfront issues of which buyers and Realtors® need to be aware, including FEMA elevation compliance, coastal setbacks, and riparian rights. While these issues are of the utmost concern to the buyer, real estate attorneys are often primarily concerned with title issues and rarely address these non-title matters. While a transaction can be terminated if clear title cannot be conveyed, a buyer has a very limited opportunity to terminate a contract if government regulations would prevent the construction of desired water-dependent uses.

Flood Insurance and FEMA: Although everyone readily accepts the need for fire insurance, buyers often resist when they find out they need flood insurance, too. The Federal Emergency Management Agency (FEMA) administers the National Flood Insurance Program (NFIP) which aims to reduce the impact of flooding on private and public structures. The NFIP provides affordable insurance to property owners, renters, and businesses and by encouraging communities to adopt and enforce floodplain management regulations.

Despite the availability of flood insurance through the NFIP, obtaining flood insurance in Special Flood Hazard Areas (SFHA) can be difficult with older structures and/or unique waterfront properties. Additionally, even if flood insurance is obtainable, legal non-conforming properties may often be burdened with ever-increasing premiums.

In order to protect all buyers, a review of local flood hazard ordinances and FEMA maps is a necessary component of all real estate transactions in Southwest Florida. Additionally, if a buyer even remotely suspects the property may be in a SFHA, an elevation certificate should be ordered and reviewed prior to the end of any inspection periods. All too often a seller provides the buyer with a previously issued elevation certificate; however, it is very possible that the property has been remapped (including a new flood elevation) or worse yet, that the seller performed illegal improvements below the required base flood elevation. Lastly, non-conformities may present costly enforcement actions and may result in loss of what the buyer contemplated was habitable space.

Proper and thorough review of FEMA compliance is essential to every real estate transaction for waterfront and near-waterfront properties and may identify curable nontitle matters that must be raised during the inspection/ feasibility period.

Coastal Setbacks and Local Zoning Many of the local towns, cities, and county authorities enact local coastal setback codes with the express purpose to limit development activity that would result in shoreline instability and flooding. It is the intent of these codes to reduce associated losses to coastal property and to limit hazards adversely affecting the public health, safety, and welfare. To that end, local authorities seek to protect the shoreline's natural features, including dune systems and coastal vegetation, and to preserve and protect them from imprudent construction which can jeopardize the 12 SEPTEMBER 2018

stability of the beach-dune system, accelerate erosion, provide inadequate protection of upland structures, and interfere with public beach access. These towns, cities, and local county authorities have determined and make it a priority public interest to preserve and protect these coastal barrier island features.

Real estate professionals should advise Buyers and Sellers to obtain verification of local coastal setback laws and ordinances. For buyers, their intended use of the property and structures thereon may be significantly impacted by the implementation of coastal setback codes.

For example, the addition of a pool seaward of a residence may not be permitted due to coastal construction restrictions. Sellers too should be aware that past activities, albeit unintentional, may result in enforcement actions and jeopardize the transaction altogether (e.g. placement of non-native palm trees adjacent to a dune system may not be permitted).

Riparian Rights When Florida was granted statehood and admitted to the Union in 1845, it was granted title to all lands beneath navigable waters which are commonly referred to as Sovereign Submerged Lands. These Sovereign Submerged Lands are held in trust by the State for the public use, and enjoyment and private right to use same are only appropriate when not contrary to the public interest.

The ebb and flow of the pull between public and private use is ever present in dock permitting in Southwest Florida. Not all waterfront property is equal when it comes to dock permitting; the shoreline frontage, waterbody classification, location of neighboring property owners, and local and state regulations all contribute to the availability of water-dependent structures and uses. It is equally important to note that existing water-dependent structures and uses may be limited in expansion, replacement, and repair.

FEMA, Coastal Setback, and Riparian rights are significant concerns not covered under the typical real estate attorney’s review of title. Moreover, these matters are not traditionally reviewed by home inspectors.

For these reasons, it is vitally important for real estate professionals to identify when an additional review is warranted in order to protect buyers and sellers.

This article is not intended to serve as legal advice and should not be used as a substitute for consultation with an attorney.

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

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Plus, at the end of the program, there are bonus awards! $ 5,000 for the highest number of sales $ 2,500 for the second highest number of sales $1,500 for the highest average sales price To arrange for your personal tour, contact our Realtor Liaison Debbie Urban at 219.313.6399 or durban@stockdevelopment.com SALES OFFICE: 7425 SEACROFT COVE | LAKEWOOD RANCH, FLORIDA 34202 |

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STOCK REALTY, EXCLUSIVE SALES AGENT, LICENSED REAL ESTATE BROKER 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. NOT AN OFFERING WHERE PROHIBITED BY STATE LAW. *SWEET REWARDS PROGRAM IS SUBJECT TO CHANGE. FOR A LIMITED TIME. CERTAIN RESTRICTIONS APPLY. COMMISSION PAID AT CLOSING OF THE HOME. SEE SALES ASSOCIATE FOR DETAILS.

FLStockDevelopment

2 8

EVENT HOSTED BY

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NETWORK. LEAD. VOLUNTEER. GROW.

YPN

EVENT TO BENEFIT

REALTOR® BOWLING DAY

YOUNG PROFESSIONALS NETWORK

PRESENTED BY

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PLEASE JOIN US

Lisa Coletti, Chair

FRIDAY SEPTEMBER 21 11AM - 3PM

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888-798-8826 | OPHMintoUSA.com 12300 Manatee Ave. West, Bradenton, FL 34209 *Price excludes taxes. Costs of trip including airfare and expenses will be reimbursed up to $500 at closing. Purchase must be made within 90 days of One Particular Getaway visit. Receipts for airfare and expenses must be submitted in order to be reimbursed for exact expenditures.

The reimbursement cost is not to exceed $500. This material shall not constitute a valid offer in any state where prior registration is required. The facilities and amenities described and depicted are proposed, but not yet constructed. Photographs are for illustrative purposes only and are merely representative of current development plans. Development plans, amenities, facilities, dimensions, specifications, prices and features depicted by artists’ renderings or otherwise described herein are approximate and subject to change without notice. © Minto Communities, LLC 2018. All rights reserved. Content may not be reproduced, copied, altered, distributed, stored or transferred in any form or by any means without express written permission. One Particular Harbour and the One Particular Harbour logo are trademarks of Margaritaville Enterprises, LLC and are used under license. Minto and the Minto logo are trademarks of Minto Communities, LLC and/or its affiliates. CGC 1519880. 9/2018. MOPH-005270

Government Affairs 250,000 Properties in Manatee & Sarasota County Could See Taxes Hike if Amendment 2 Does Not Pass

By Max Brandow, Government Affairs Director While looking over important ballot provisions this November 6th, keep Amendment 2 in mind and vote “yes”! Amendment 2 protects all Floridians by keeping a 10% cap on certain property tax increases. This limits the tax burden on residents and families, protects renters from increases brought on by higher taxes, and ensures Florida remains an affordable place to live, work, and do business.

Some city and county staff throughout municipalities in Florida have mischaracterized Amendment 2 as a “tax cut,” this could not be further from the truth.

Voting “yes” on Amendment 2 will only keep permanent the system that’s been in place for years since voters approved the current cap in 2008. We do not want to go back to the system we had before.

“Prior to the non-homestead cap, nearly three out of four non-homestead properties in Florida had tax increases of more than 10 percent year to year,” said Carrie O’Rourke, vice president of public policy for the Florida Association of REALTORS®. “In 2006, 30 percent of non-homestead properties were hit with an 80 percent hike from just the year before.”

It’s important for our local Realtor® members to spread the word about this important ballot measure!

Especially considering that if Amendment 2 fails at the ballot, around 250,000 properties in the RASM territory could see property tax increases. Also, if the proposal fails, it would result in a $700 Million tax increase for Floridians. It is not just renters who will feel the pain if Amendment 2 does not pass it would negatively impact the entire state, as it would increase the cost of doing business. In turn, this additional tax burden would presumably be passed on to all consumers in Florida.

Amendment 2:

• Protect Floridians From Certain Property Tax Increases by Keeping a 10% Annual Cap. • Keeps Rent Affordable.

• Allows Local Business to Thrive and Keeps Prices Low on the Goods They Sell.

• Doesn’t Impact Funding for School or Emergency Services.

For more information on Amendment 2 and how you can help get the word out, please visit: www. everybodyisfor2.com.

16 SEPTEMBER 2018

RASM ANNUAL EVENTS Mark your Calendar!

SEPTEMBER 17: Annual Meeting 21: YPN REALTOR® Bowling Day 25: CID Downtown Horizons 26: 2018 REALTOR® TECH/CON OCTOBER 16: Changing of the Seasons, hosted by your Business Partners 22 - CID Golf 23- GREEN Tech Fair Oct 31 - Nov 5: NAR Convention/ Governance Meetings DECEMBER 6: Installation and Awards Banquet Dates Subject to Change.

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

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Nothing comes close to Private Label Living, and now your client’s Sarasota story is closer to becoming a reality than ever. Invite them to tour these designer-ready models today or discover how clients can create their own custom home from concept to completion. With Sarasota’s most prestigious locations as a backdrop—whether on the beach, the water, the fairway, or in the center of it all—a London Bay home can be exactly where and how one wishes it to be.

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©2018. CBC057242 London Bay Homes. Pricing, programs, features, specifications, products and availability are subject to change without notice.

See a sales associate for complete and current information. *Please refer to specific details regarding commission and referral policies in London Bay Homes’ current cooperating broker policy statement. Realtor Bonus available through December 31, 2018.

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Earn rising commissions for each Neal Signature home you sell, including options.*

You’re automatically registered when you sell a home by Neal Communities. Your registration resets every calendar year.

Why NEAL

Why NEW

Trusted Craftsmanship, Thoughtful Planning,

Modern Floor Plans, Energy Efficiency, Clean,

Innovative Design, Exceptional Value,

Safe Building Materials, Easier Maintenance,

and Environmental Integrity

Community Clubhouses, Pools, Parks

Neal Signature builds luxury custom homes in some of Southwest Florida’s most distinct communities and picturesque natural settings. As the largest and most established family-owned builder in the area, Neal boasts an over 90% customer satisfaction rate.

Sign up for Realtor Rewards today! ®

NealSignatureHomes.com/Realtors • 844.720.3817 Neal Signature Homes and Neal Communities Realtor® Reward programs are two separate programs. Sales procured with each entity are recognized only by the entity the sale is procured with. Commission: 3% payable to your office for a sale provided that you are the Procuring Cause.

Commission will be paid on the base home, home site and home site premium. For completed inventory, commission will be paid on net contract price, exclusive of merchandising and furniture. Payment of Commissions: Commissions will be paid as follows: 1. In full at lot close (if a lot and home purchase) or 2. In full after home closing if an end close. ©2018 Neal Communities, Lakewood Ranch, Florida. All rights reserved. CBC1256375

Southwest Florida’s Most Experienced Home Builder For Over 40 Years

We provide you and your clients complete peace of mind property management services.

Leasing and managing rental properties can be difficult, time consuming and risky business. Doing so without proper training, tools and systems make the chance for mistakes high. If you mismanage a rental property, you’ll probably lose the sale when the owner decides to sell. We have the resources and experience to manage it exceptionally well, so you can maintain your relationship over time.

Our 30 years of professional property management experience combined with your real estate sales experience is a win-win for all!

Partner with the Property Management Leader.

Call 941.225.8185 or visit rpmsaramana.com/real-estate-agent-partner today.

MLS EXPRESS

Each office is independently owned and operated. © 2017 Property Management Business Solutions, LLC.

Check out MLS Express!

Bradenton Country Club

ZONE 1 EAST

MLS Express is a dynamic forum for both young and veteran Realtors® alike.

This unique platform provides a venue for marketing properties to your Realtor® colleagues, networking with Business Partners and offers important updates to keep you informed.

When marketing properties at MLS Express, Realtors® can announce specific wants and needs of their clients as well as feature important information about the property. When it comes down to it, we all know the importance of networking in the real estate business. Come by MLS Express and add value to your business!

We meet every Thursday at various locations as well as the third Wednesday of each month to accommodate each “zone.” Breakfast & Networking begins at 8 a.m., with the program to follow at 8:45 a.m. Visit www.myrasm.com/mlsexpress to learn how to add your property to the tour. www.MyRASM.com

ZONE 1 WEST Tara Golf & Country Club

ZONE 2 ZONE 3

RASM South Office

8 a.m.

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BREAKFAST & NETWORKING ANNOUNCEMENTS NEW LISTINGS & OPEN HOMES TOUR BEGINS

ZONE 1 EAST ZONE 2 ZONE 1 WEST ZONE 3 ZONE 4 ANY ZONE

- 1st THURS - 2nd THURS - 3rd WED - 3rd THURS - 4th THURS - 5th THURS

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Sarasota/Manatee REALTOR® Magazine

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Main Office: 2033 Main Street Sarasota FL 941.330.2500 Sarasota/Manatee REALTOR® Magazine

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The Islands that Once Stood Alone

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WATERFRONT ESTATE HOMESITES WITH DOCK FROM THE $300s

With the new Fort Hamer Bridge, The Islands are now just a few minutes away from Sarasota, Lakewood Ranch and I-75. It’s the lifestyle you’ve always imagined, without compromise. Gated golf and boating community with huge waterfront estate homesites. Individual private boat docks with direct access to the Manatee River and onward to the Gulf of Mexico.

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Directions: From I-75: Take Exit 220 to SR-64 East. Turn Left at Upper Manatee River Road/Lakewood Ranch Blvd., bear Left onto Fort Hamer Road and go over the bridge. The Islands gatehouse is on the Left.

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Easy TO SELL Easy TO EARN JOIN OUR REALTOR ® REWARDS PROGRAM FOR UP TO 5% COMMISSION AND MORE Earn rising commissions for each Neal Communities home you sell.

You’re automatically registered when you sell a home by Neal Communities. Your registration resets every calendar year.

Why NEAL

Why NEW

Trusted Craftsmanship, Thoughtful Planning,

Modern Floor Plans, Energy Efficiency, Clean,

Innovative Design, Exceptional Value,

Safe Building Materials, Easier Maintenance,

and Environmental Integrity

Community Clubhouses, Pools, Parks

For over 40 years we’ve been building for the Florida Lifestyle: our best homes in Southwest Florida’s best locales.

As the largest and most established family-owned builder in the area, Neal boasts an over 90% customer satisfaction rate.

Sign up for Realtor Rewards today! ®

NealCommunities.com/Realtors • 844.712.5053 Neal Signature Homes and Neal Communities Realtor® Reward programs are two separate programs. Sales procured with each entity are recognized only by the entity the sale is procured with. Commission: 3% payable to your office for a sale provided that you are the Procuring Cause.

Commission will be paid on the base home, home site and home site premium. For completed inventory, commission will be paid on net contract price, exclusive of merchandising and furniture. Payment of Commissions: Commissions will be paid as follows: 1. In full at lot close (if a lot and home purchase) or 2. In full after home closing if an end close. ©2018 Neal Communities, Lakewood Ranch, Florida. All rights reserved. CBC1256375

Southwest Florida’s Most Experienced Home Builder For Over 40 Years

Market Analysis

Condo Market Shows Strength in Sarasota and Manatee

July inventory falls short, but sales continue to climb year-over-year. The condo market is strong with more pending sales and new listings this month.

“In a traditionally slower month, sales growth indicates a robust market for July 2018,” said Greg Owens, 2018 President of the REALTOR® Association of Sarasota and Manatee.

In July 2018, Sarasota and Manatee County reported 1,885 closed sales, a 10.3 percent increase from last year. In Sarasota County, condo sales increased by 11.4 percent to 341, and single-family homes increased by 3.1 percent to 704. As for Manatee County, condo sales increased by 10.1 percent to 218 and single-family homes increased by 19.2 percent to 622.

July’s overall inventory is down from last year. Sarasota single-family homes decreased by 4 percent to 2,605, while Manatee single-family homes decreased by 5.3 percent to 2,045. Sarasota condo inventory decreased by 1.9 percent to 1,431, while Manatee condo inventory is down by 0.2 percent to 849 available properties.

Median sales prices stay on the rise, year-over-year.

Sarasota single-family homes increased by 8 percent to $280,750, while Manatee increased by 3.2 percent to $309,500. Condo prices in Sarasota increased by 8.3 percent to $232,000 and Manatee increased by 20.8 percent to $199,250.

“Prices show a steady upward trend, a bellwether for the strength of our local economy,” said Owens.

Pending sales represent the number of properties that went under contract this month. Across both counties, pending sales increased in the condo market but decreased for single-family homes.

In Manatee County, condo pending sales are up by 18 percent, while Sarasota condo pending sales are up by 6.6 percent. As for single-family homes, Manatee County is down by 1.2 percent, while Sarasota is down by 1.8 percent.

Sarasota and Manatee County are both in a seller’s market, a reflection of the current month’s supply of inventory.

Single-family homes are depleting the current inventory at an estimated 3.9 months, a 4.9 percent decrease in Sarasota and a 9.3 percent decrease in Manatee County. As for condos, Manatee County decreased by 4.9 percent to a 3.9 month’s supply and Sarasota is at a 4.1 month’s supply, a 10.9 percent decrease from last year.

“The condo market is strong as indicated by this month’s pending sales and new listings,” added Owens.

“Pending sales are a good indication that condo sales will continue to uptick.”

Monthly reports are provided by Florida REALTORS® with data compiled from My Florida Regional Multiple Listing Service. For comprehensive statistics dating back to 2005, visit www.MyRASM.com/statistics.

July brought more condo listings, but fewer singlefamily homes were added to the market when compared to last year. New listings in Sarasota condos increased by 5.6 percent and Manatee condos increased by 18 percent. As for Sarasota single-family homes, new listings decreased by 7.5 percent and Manatee decreased by 14.7 percent. www.MyRASM.com

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

23

Monthly Market Summary - July 2018 Single Family Homes Sarasota County July 2018

July 2017

Percent Change Year-over-Year

704

683

3.1%

233

228

2.2%

Median Sale Price

$280,750

$260,000

8.0%

Average Sale Price

$354,396

$373,959

-5.2%

$249.5 Million

$255.4 Million

-2.3%

95.0%

95.2%

-0.2%

Median Time to Contract

52 Days

55 Days

-5.5%

Median Time to Sale

95 Days

103 Days

-7.8%

New Pending Sales

690

703

-1.8%

New Listings

688

744

-7.5%

Pending Inventory

952

1,011

-5.8%

Inventory (Active Listings)

2,605

2,714

-4.0%

Months Supply of Inventory

3.9

4.1

-4.9%

Closed Sales Paid in Cash

Dollar Volume Med. Pct. of Orig. List Price Received

2014

2015

2016

2017

2018

1,000

Closed Sales

800 600 400 200

0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Median Sale Price

$350K $300K $250K $200K $150K $100K $50K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

3,500

Inventory

3,000 2,500 2,000 1,500 1,000 500 0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014

2015

2016

2017

2018

24 ”‘†—…‡† „› Ž‘”‹†ƒ Ěş ™‹–Š †ƒ–ƒ ’”‘˜‹†‡† „› ÂŽÂ‘Â”Â‹Â†ÂƒĚľÂ• Â?—Ž–‹’Ž‡ Ž‹•–‹Â?‰ •‡”˜‹…‡•Ǥ –ƒ–‹•–‹…• ˆ‘” ‡ƒ…Š Â?‘Â?–Š …‘Â?’‹Ž‡† ˆ”‘Â? ˆ‡‡†• ‘Â? –Š‡ ͳ͡–Š †ƒ› ‘ˆ –Š‡ ˆ‘ŽŽ‘™‹Â?‰ Â?‘Â?–ŠǤ SEPTEMBER 2018 Sarasota/Manatee REALTORÂŽ Magazine www.MyRASM.com ƒ–ƒ ”‡Ž‡ƒ•‡† ‘Â? ‡†Â?Â‡Â•Â†ÂƒÂ›ÇĄ —‰—•– Í´Í´ÇĄ ʹͲͳͺǤ ‡š– †ƒ–ƒ ”‡Ž‡ƒ•‡ ‹• ÂŠÂ—Â”Â•Â†ÂƒÂ›ÇĄ ‡’–‡Â?„‡” ʹͲǥ ʹͲͳͺǤ

Monthly Market Summary - July 2018 Single Family Homes Manatee County July 2018

July 2017

Percent Change Year-over-Year

622

522

19.2%

162

132

22.7%

Median Sale Price

$309,500

$300,000

3.2%

Average Sale Price

$383,398

$374,500

2.4%

$238.5 Million

$195.5 Million

22.0%

96.0%

95.9%

0.1%

Median Time to Contract

49 Days

44 Days

11.4%

Median Time to Sale

90 Days

92 Days

-2.2%

New Pending Sales

567

574

-1.2%

New Listings

600

703

-14.7%

Pending Inventory

789

781

1.0%

Inventory (Active Listings)

2,045

2,159

-5.3%

Months Supply of Inventory

3.9

4.3

-9.3%

Closed Sales Paid in Cash

Dollar Volume Med. Pct. of Orig. List Price Received

2014

2015

2016

2017

2018

700

Closed Sales

600 500 400 300 200 100

0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Median Sale Price

$350K $300K $250K $200K $150K $100K $50K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Inventory

2,500 2,000 1,500

1,000 500 0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014

2015

2016

ÂŽ

2017

2018

”‘†—…‡† „› Ž‘”‹†ƒ Ěş ™‹–Š †ƒ–ƒ ’”‘˜‹†‡† „› ÂŽÂ‘Â”Â‹Â†ÂƒĚľÂ• Â?—Ž–‹’Ž‡ Ž‹•–‹Â?‰ •‡”˜‹…‡•Ǥ –ƒ–‹•–‹…• ˆ‘” ‡ƒ…Š Â?‘Â?–Š …‘Â?’‹Ž‡† ˆ”‘Â? ˆ‡‡†• ‘Â? –Š‡ ͳ͡–Š †ƒ› ‘ˆ –Š‡ ˆ‘ŽŽ‘™‹Â?‰ Â?‘Â?–ŠǤ www.MyRASM.com Sarasota/Manatee REALTOR Magazine SEPTEMBER 2018 ƒ–ƒ ”‡Ž‡ƒ•‡† ‘Â? ‡†Â?Â‡Â•Â†ÂƒÂ›ÇĄ —‰—•– Í´Í´ÇĄ ʹͲͳͺǤ ‡š– †ƒ–ƒ ”‡Ž‡ƒ•‡ ‹• ÂŠÂ—Â”Â•Â†ÂƒÂ›ÇĄ ‡’–‡Â?„‡” ʹͲǥ ʹͲͳͺǤ

25

Monthly Market Summary - July 2018 Townhouses and Condos Sarasota County July 2018

July 2017

Percent Change Year-over-Year

341

306

11.4%

193

183

5.5%

Median Sale Price

$232,000

$214,175

8.3%

Average Sale Price

$331,241

$327,912

1.0%

$113.0 Million

$100.3 Million

12.6%

94.4%

94.1%

0.3%

Median Time to Contract

63 Days

61 Days

3.3%

Median Time to Sale

102 Days

106 Days

-3.8%

New Pending Sales

308

289

6.6%

New Listings

341

323

5.6%

Pending Inventory

524

474

10.5%

Inventory (Active Listings)

1,431

1,458

-1.9%

Months Supply of Inventory

4.1

4.6

-10.9%

Closed Sales Paid in Cash

Dollar Volume Med. Pct. of Orig. List Price Received

2014

2015

2016

2017

2018

500

Closed Sales

400 300 200 100

0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Median Sale Price

$300K $250K $200K $150K $100K $50K

Inventory

$0K 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014

2015

2016

2017

2018

26 ”‘†—…‡† „› Ž‘”‹†ƒ Ěş ™‹–Š †ƒ–ƒ ’”‘˜‹†‡† „› ÂŽÂ‘Â”Â‹Â†ÂƒĚľÂ• Â?—Ž–‹’Ž‡ Ž‹•–‹Â?‰ •‡”˜‹…‡•Ǥ –ƒ–‹•–‹…• ˆ‘” ‡ƒ…Š Â?‘Â?–Š …‘Â?’‹Ž‡† ˆ”‘Â? ˆ‡‡†• ‘Â? –Š‡ ͳ͡–Š †ƒ› ‘ˆ –Š‡ ˆ‘ŽŽ‘™‹Â?‰ Â?‘Â?–ŠǤ SEPTEMBER 2018 Sarasota/Manatee REALTORÂŽ Magazine www.MyRASM.com ƒ–ƒ ”‡Ž‡ƒ•‡† ‘Â? ‡†Â?Â‡Â•Â†ÂƒÂ›ÇĄ —‰—•– Í´Í´ÇĄ ʹͲͳͺǤ ‡š– †ƒ–ƒ ”‡Ž‡ƒ•‡ ‹• ÂŠÂ—Â”Â•Â†ÂƒÂ›ÇĄ ‡’–‡Â?„‡” ʹͲǥ ʹͲͳͺǤ

Monthly Market Summary - July 2018 Townhouses and Condos Manatee County July 2018

July 2017

Percent Change Year-over-Year

218

198

10.1%

114

97

17.5%

Median Sale Price

$199,250

$165,000

20.8%

Average Sale Price

$231,836

$210,253

10.3%

$50.5 Million

$41.6 Million

21.4%

95.5%

94.5%

1.1%

Median Time to Contract

44 Days

69 Days

-36.2%

Median Time to Sale

87 Days

105 Days

-17.1%

New Pending Sales

243

206

18.0%

New Listings

250

202

23.8%

Pending Inventory

348

290

20.0%

Inventory (Active Listings)

849

851

-0.2%

Months Supply of Inventory

3.9

4.1

-4.9%

Closed Sales Paid in Cash

Dollar Volume Med. Pct. of Orig. List Price Received

2014

2015

2016

2017

2018

350

Closed Sales

300 250 200 150 100 50

0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Median Sale Price

$250K $200K $150K $100K $50K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Inventory

1,200 1,000 800 600 400 200 0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014

2015

2016

ÂŽ

2017

2018

www.MyRASM.com Sarasota/Manatee REALTOR Magazine SEPTEMBER 2018 ”‘†—…‡† „› Ž‘”‹†ƒ Ěş ™‹–Š †ƒ–ƒ ’”‘˜‹†‡† „› ÂŽÂ‘Â”Â‹Â†ÂƒĚľÂ• Â?—Ž–‹’Ž‡ Ž‹•–‹Â?‰ •‡”˜‹…‡•Ǥ –ƒ–‹•–‹…• ˆ‘” ‡ƒ…Š Â?‘Â?–Š …‘Â?’‹Ž‡† ˆ”‘Â? ˆ‡‡†• ‘Â? –Š‡ ͳ͡–Š †ƒ› ‘ˆ –Š‡ ˆ‘ŽŽ‘™‹Â?‰ Â?‘Â?–ŠǤ ƒ–ƒ ”‡Ž‡ƒ•‡† ‘Â? ‡†Â?Â‡Â•Â†ÂƒÂ›ÇĄ —‰—•– Í´Í´ÇĄ ʹͲͳͺǤ ‡š– †ƒ–ƒ ”‡Ž‡ƒ•‡ ‹• ÂŠÂ—Â”Â•Â†ÂƒÂ›ÇĄ ‡’–‡Â?„‡” ʹͲǥ ʹͲͳͺǤ

27

Commercial Investment Division CID -Bits and Pieces

By David Roth, CID President If you have not attended our Friday marketing sessions nor our monthly general meetings, your desire to sell commercial real estate will be forever hindered.

Our Friday sessions, created by Erick Shumway, are a great way to learn what is most currently for sale or most needed and wanted by other commercial David Roth salespeople.

2018 CID President The monthly programs devised by our vice president, Susan Goldstein, have been well thought out for commercial salespeople of all levels. They are even interesting to a layman fascinated with real estate.

If you missed our unique social gatherings set up by Sean Dreznin, you do not know what a great time was had by all who attended.

You still have the opportunity to take the CCIM basic course set up by Melissa Harris at the end of the month.

So interesting it will serve as the basis of your experience as a Realtor®.

Our membership chair Joe C. Hembree has been tenacious in recruiting folks for our organization. Now it is your turn to call him to join at 941-685-5869.

I joined this organization nine years ago. It is the basis of all my real estate education, knowledge of my fellow broker’s and how they can help me and how I can help them. This fellowship is especially true of my board of directors. They will reach out to you and will respond to you if you reach out to them. Seek them out at our meetings. In addition to the aforementioned; they are Rico Boros, Tony Veldcamp Lee DeLito Jr. (all past presidents of CID), Diane Lee, Ken Hoskinson, Evan Berlin and Neil McCurry.

As we add new members, we also add new ideas and goals for our group.

Recently, our current and former board members met to seek strategic goals and purpose to serve you better.

The Commercial Investment Division is a group of warm, kind and inspiring, friendly women and men. I would not be successful without their help.

Dave Roth, President 2018 - Thanks, CID.

2018 Dowtown Horizons Tuesday, September 25 | 8 - 10 a.m. | The Francis 1289 N. Palm Ave. Sarasota, FL 34236 | $20 includes breakfast

Martin Zogran

Urban Designer, Sasaki Associates, Inc. The Bay Sarasota

Join us as we explore how we can shape the future of downtown Sarasota. Martin Zogran with Sasaki Associates, Inc., will bring his global planning and design expertise as he discusses other successful city designs and takes a look at what we can do right here in Sarasota.

www.myrasm.com/commercial

28 SEPTEMBER 2018

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

DISCOVER REAL ESTATE TECH INTERNET OF THINGS

SMART HOMES SOCIAL MEDIA

VIDEO AND PHOTOGRAPHY DRONES VIRTUAL REALITY CYBERSECURITY

te o n y Ke

John Jorgensen President & CEO

John Mayfield The Business Tech Guy

Nobu Hata Director of Digital Engagement

National Association of REALTORS®

Sue “Pinky” Benson Social Media Expert

WEDNESDAY, SEPTEMBER 26 | 9 AM - 4 PM Conference & Expo | Keynote: Nobu Hata BRADENTON AREA CONVENTION CENTER TECH/CON is a premier technology event for REALTORS®. Experience a full day of social media, visual media and tech trends from national speakers and vendors, including the Ringling College of Art & Design with a special presentation on Virtual Reality! $35 for RASM members, $50 for non-members.

Continental breakfast & lunch included.

WWW.MYRASM.COM/TECHCON

AND MORE!

READY

SET

BO S T O N !

<<<<<<<<<<<<<<<<<<<<<<<<<<

R EA LTO R S ® CO N FER ENCE & EXPO | NOV EMBER 2-5, 2018 Get your career on the fast track by attending the 2018 REALTORS® Conference & Expo in Boston!

With 100 education sessions, covering the latest industry trends, demos of the hottest technologies from over 400 exhibitors and networking opportunities with 20,000 of the industry’s most successful real estate pros, the REALTORS® Conference & Expo is definitely a winning opportunity.

Don’t let your career get caught in the starting blocks.

Register today!

Learn more at www.Conference.realtor Register today at www.Register.realtor

Global Business Council Global Business Council Hosts Special Guests from Colombia and Port Manatee

GLOBAL BUSINESS COUNCIL REALTOR ® ASSOCIATION OF SARASOTA AND MANATEE

By Glo Reber, Realtor®, CRS, ABR, SRES, E-Pro, WCR, Member of Institute of Luxury Home Marketing The Global Business Council (GBC) offers a plethora of opportunities to participate with fellow Realtors® around this ever-shrinking world of real estate. Where else do you have an opportunity to network with Realtors® from other countries, learn about their economies and their way of business? Our business is all about referrals and this offers an incredible venue to make that all important contact for putting a name and a face together for a future referral and a life-long contact.

We continue to offer new ways to use the resources and knowledge that are out there to enlarge our world.

In early 2018, the REALTOR® Association of Sarasota and Manatee was named the NAR Ambassador Association to Fedelonjas, one of the many REALTOR® Associations in Columbia. In the continued goal of reaching out to other countries, the GBC welcomed in July President Maria Clara Luque Garcia of Fedelonjas to give us an overview of Columbia and the opportunities that exist there. Fedelonjas encompasses more than 10,500 Real Estate agents in 20 regional areas. Fedelonjas reflects the growing connections of Realtors® across the country. They are expanding programs for the members, so they have productive tools to use. They are developing standardization and encouraging continuing education for Realtors®.

Fedelonjas promotes strategic alliances with international organizations and develops programs for their affiliates to do business and create relationships worldwide. They are part of the NAR Certified International Property Specialist program. They are setting the foundation for better real estate services throughout their country.

Ms. Luque’s presentation provided great insight into the many benefits of Colombia and why it is coming to the forefront of international trade. Colombia has a stable government which promotes moving the country forward with entrepreneurship and innovative ideas. It offers excellent real estate investing opportunities. It has low inflation rates, low unemployment and low risk for investors. It is reaching out worldwide to create international business and alliances with other countries.

They are encouraging foreign investment into their country offering many benefits to potential investors.

We also welcomed Marina Besadalombana, consultant to the International Trade Hub of Port Manatee. The Hub is expanding its reach to increase awareness of the opportunities for burgeoning businesses through-out the www.MyRASM.com

world. Ms. Besadalombana spoke of the “Leading Platform for Global Trade” that The Hub has adapted to have a larger presence as an international trading platform. At present, it has trade partners all around the world! The Port of Manatee is offering so many opportunities for worldwide shipping. As an incentive to their trade partners, they are offering warehouse storage, unlimited office space, no monthly expenses for 6 months and FPO (Foreign Permanent Office) service to assist new businesses launching their services.

The Hub assists new international companies through all the steps--sales, distribution, logistics and complete implementation.

They invite trade commissions from different countries to the US to speak. They are assisting thru all their steps to begin their foreign trade. In 2018 they are hosting “Intrade” – with 14 countries all meeting together to talk about their counties and to assist them with trade.

The Global Business Council offers so many opportunities to Realtors® and encourages all RASM members to become a part of this special group promoting international awareness and business relationships abroad.

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

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Professional Development Janet Sowers, Professional Development Manager (941) 952-3404 | janet@myrasm.com Welcome to Professional Development at RASM! From designations and continuing education hours to classes offered by our Professional Development committee, the REALTOR® Attorney Joint Committee, Young Professionals Network and more, there’s a class here for you. If you have any questions about classes and courses, please contact us.

Code of Ethics

Realtors® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within twoyear cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. A new two-year cycle began January 1, 2017. The deadline for this cycle is December 31, 2018. Visit www. myrasm.com/education to learn how to complete your COE requirement. Not sure if your COE requirement has been met? Visit myrasm.com/checkrecord to learn how to check your COE records.

Introducing Interact CE! Renew your Florida Real Estate License and have FUN doing it! Interact CE’s simulations let you play as you master real-world scenarios. Act as a buyer’s agent, a seller’s agent, advertise your business and negotiate deals. The software always picks up where you left off, tracks your total time, and credits it toward your license renewal. Visit myrasm.com/ education for more information.

Congratulations! Newly Certified and Designated Members Real Estate Negotiation Expert (RENE) Certification Gregory B. Perry, OneTwelve Realty, LLC Seller Representative Specialist (SRS) Gloria W. Brush, SRT International Realty

Graduate Realtor® Institute (GRI)

Forest Layn Balderson, Michael Saunders & Company Timothy Keith Riesz, Lalande Properties Jennifer L. Thompson, Michael Saunders & Company Gregory Wells, Coldwell Banker Residential Realty

Green Designation

Stacie Lynn Bailey, Keller Williams On The Water Phillip A. Barrett, Barrett Realty, Inc Cara Blake, Keller Williams On The Water Reid Ryan Gerletti, Premier Sothebys Intl Realty Mary Martha Lieberman, Premier Sothebys Intl Realty Glenda J. Matheson, Realty Partners LLC Nancy J. Place, Coldwell Banker Residential Real Estate Kimberly R. Quintenz, Morton Realty LLC Douglas L. Stickler, Coldwell Banker Residential Real Estate Misty Tavenner, Coldwell Banker Residential Real Estate

2018 Designation & Certification Courses: Certified International Property Specialist (CIPS) Institute September 6 | The Americas & International Real Estate | South Office Certified Commercial Investment Member (CCIM) September 25 & 26 | Foundations for Success in Commercial Real Estate | South Office Pricing Strategy Advisor (PSA) October 9 | Pricing Strategy Advisor | South Office Military Relocation Professionals (MRP) Certification November 13 | Military Relocation Professional | South Office 32 SEPTEMBER 2018

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

Classes at RASM

Visit our online calendar at myrasmportal.ramcoams.net to register. Classes are offered at the South Office or Goodwill Manasota.

SOUTH OFFICE GOODWILL MANASOTA 2320 Cattlemen Road, Sarasota, FL 34239

2705 51st Ave E, Bradenton, FL 34203

SEPTEMBER

Thurs., 9/27 | 1 – 4 p.m. | South

Thurs., 9/6 | 8:30 a.m. – 5 p.m. | South

REALTOR®’s Guide to VA Loans

CIPS: The Americas & International Real Estate

Offers practical information on working with clients from the Caribbean, North, Central, and South America. This is a Certified International Property Specialist (CIPS) elective course. 7 CE HRS. $100

You will leave this class well-armed to serve your next VA Customer! Highlights will be Eligibility, Entitlement, processing, credit qualifying, and closing. 3 CE HRS. $15 RASM Members. $25 Non Members.

OCTOBER

Wed., 9/19 | 11:30 a.m. – 1:30 p.m. | Goodwill

Thurs., 10/4 | 9 a.m. – noon | South

All Things Waterfront: Coastal Permitting and Approvals

Tenants, Toilets, and Tornadoes

This presentation will give a working knowledge of coastal permitting, waterfront dependent uses, and the local FEMA ordinances. It will also focus on the requirements for docks, swimming pools, and substantial improvements to existing improvements. $10 RASM Members. $20 Non Members.

Tues., 9/25 | 8 – 10 a.m. | The Francis

As a property manager, you wear a lot of hats! You are expected to maintain and protect the landlord’s real estate asset, while dealing with some tenants that want everything done now and at their convenience. 3 CE HRS. Focus on Property Managers, all are welcome! $15 RASM Members. $25 Non Members.

Thurs., 10/4 | 1 – 4 p.m. | South

You Gotta Go! Tenant Evictions

CID 2018 Downtown Horizons

Join us as we explore how we can shape the future of downtown Sarasota. Our speaker is Martin Zogran with Sasaki Associates, Inc. Martin will bring his global planning and design expertise as he discusses other successful city designs and takes a look at what we can do right here in Sarasota! $20. Includes breakfast.

Not all tenants work out to be wonderful. The property manager’s best and final course of action is through the act of eviction. Although this is ultimately the owner’s decision, property managers need to understand the process and what part of it they can be involved in. 3 CE HRS. Focus on Property Managers, all are welcome! $15 RASM Members. $25 Non Members.

Tues., 10/9 | 8 a.m. – 4:30 p.m. | South Tues., 9/25 & Wed., 9/26 | 8:30 a.m. – 5 p.m. | South

CCIM: Foundations for Success in Commercial Real Estate

Provides agents, brokers, students, and allied professionals with an understanding of the skills, resources, and business practices that pave the way for success in commercial real estate. Learn how to analyze leases and investment value, and develop a plan to kick-start your career. $350 for RASM Members. $300 for CCIM Members.

Wed., 9/26 | 9 a.m. – 4 p.m. | Bradenton Area Convention Center

2018 REALTOR® TECH/CON

Experience a full day of social media, visual media and tech trends from national speakers and vendors to make your life and the life of your customers easier. We're covering the topics you need to know: the Internet of Things, Smart Homes, Social Media, Video, Photography and Drones! $35 RASM Members. $50 Non Members. www.MyRASM.com

Pricing Strategy: Mastering the CMA

The PSA certification is specifically designed to enhance your skills in pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties about home values. 6 CE HRS. $99 RASM Members. $125 Non Members.

Wed., 10/17 | 11:30 a.m. – 1:30 p.m. | South

Vacant Land: Endless Possibilities or Money Pit?

The acquisition of vacant land can be a tremendous investment opportunity. Are you giving the correct advice to your customers? $10 RASM Members. $20 Non Members.

Tues., 10/23 | 11 a.m. – 4 p.m. | South

2018 Green Tech Fair

Explore new and innovative green products, dispel sustainability myths and learn how to save money with the latest technology. You'll also hear from local experts on the benefits of going green, and how to be being good stewards of the environment. FREE to attend.

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

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MLS Required Classes Registration is required for all MLS classes, register at gopherit.mfrmls.com. Some classes are also available online at www.mfrmlsuniversity.com. If you cannot attend, please cancel to release your spot by calling MFR MLS at (800) 686-7451.

MLS Marketing Tools This class will walk you through features of several MLS products that can help you market to new customers and generate interest from prospects.

Thursday, September 20 | 9 a.m. – noon | Goodwill Manasota iMapp iMapp is a one-stop-shop for property information!

Thursday, September 20 | 1 – 3 p.m. | Goodwill Manasota

MLS Basic

This class introduces you to the Matrix MLS system and shows you how to use it for your business. Important: Subscribers must complete this class within 60 days of joining or their accounts may be suspended.

Thursday, September 9| 9 a.m. - noon | Goodwill Manasota Tuesday, September 18 | 9 a.m. - noon | South Office

MLS Compliance 101

To ensure the integrity of listing information and to protect the cooperative nature of the MLS, Rules and Regulations are in place for how to enter listings and use MLS information. Important: Subscribers must complete this class within 60 days of joining or their accounts may be suspended. A refresher class is required every two years.

Note: Compliance 101 is not the same as the Code of Ethics class required by NAR. Thursday, September 9 | 1 – 2:15 p.m. | Goodwill Manasota Tuesday, September 18 | 1 – 2:15 p.m. | South Office

MLS Adding & Editing Listings

This class walks you through the process of entering listings into the MLS. Important: This class is required for subscribers whose brokers require them to add and maintain their own listings in the MLS. Thursday, September 9 | 2:30–3:45 p.m. | Goodwill Manasota Tuesday, September 18 | 1 – 2:15 p.m. | South Office

MLS Elective Classes

MLS elective classes do not satisfy the MLS Basic Requirement for new agents or offer Continuing Education credits. Elective classes should be taken after the MLS Basic Class.

REALTOR® Property Resource (RPR) Classes REALTORS® Property Resource® (RPR®) delivers on-the-go access to an all-encompassing real estate platform, available exclusively to REALTORS®, and offered at no additional cost. Easily accessed through desktop, iOS and Android devices. Learn more about how to use the product to its full potential at one of our free class offerings. Visit the online RASM calendar to register online.

RPR Getting Started

When considering adoption of a new business tool, new and seasoned REALTORS® want to know “what will it do for me and how will it help my business?” Join this seminar to gain a basic understanding of how to use RPR’s dynamic data and best-in-class tools to help attract, retain and lead clients to the closing table. Classes are FREE! Monday, September 24 | 10 – 11 a.m. | South Office Monday, October 22 | 10 – 11 a.m. | South Office

RPR Mobile for Smart Phones

RPR Mobile™ delivers RPR’s vast repository of property information and tools anytime, anyplace, to any iPhone or Android phone. Use your phone’s location to instantly view any property nearby, or search for properties to find listing, sales, valuation, assessment, deed, foreclosure, school, photos, maps, and market trend information.

Create, customize, view, save, and send RPR reports with your added photos, audio, and text notes.

Monday, September 24 | 11 a.m. – 1 p.m. | South Office Monday, October 22 | 11 a.m. – 1 p.m. | South Office

HomeSnap & My MLS App As mobile technology continues to transform the real estate industry, this class will compare and contrast the features of MFRMLS’s two mobile apps.

Tuesday, September 11 | 1 – 3 p.m. | South 34 SEPTEMBER 2018

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

Neighborhood Spotlight The Charming Neighborhood of Longwood Run

By Susan J. Miller; Sales Associate, Premier Sotheby's International Realty As you ease your car onto Longwood Blvd leaving the hustle and bustle of University Parkway, you enter the quiet oasis of Longwood Run. Developed in the mid 80â&#x20AC;&#x2122;s

by Piero Rivolta with a Mediterranean flair, this peaceful community of winding tree-lined private roads embraces 268 acres of flora and fauna.

Longwood Run consists of 8 very distinct subdivisions, Tivoli Village, Riviera Club, Longwood Run Subdivision, Del Sol Village, Callista Village, Cottages of Callista, Griffon Woods and Magnolia Place with sales prices in the past year ranging from $158,000 to $500,000, offering numerous choices to homebuyers. Single-family homes on large one-third to one-half acre lots, single-family homes with smaller, more manageable lots, maintenance-free villas, townhouses, patio homes, and a two-story condominium section make up the 550 units.

The annual Association fee to all owners is $500. That fee includes the maintenance of 7 lakes, private roads,

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two gate houses, maintenance of community property including county-owned land along Longwood Blvd. and management fees.

An 18-acre natural spring fed lake, Lake La Land, can be found with a walkway, along with a charming bridge to an island and gazebo behind Tivoli Ave. These areas are available to all Longwood Run residents. In addition, the Longwood Athletic Club, privately owned, offers tennis, fitness and swimming. Longwood Park, a Sarasota County Park, can be found adjacent to the community.

Presently, sidewalks are being installed along Desoto Road and Longwood Blvd, finally making it possible to walk all the way from University Parkway to N. Lockwood Ridge Road safely.

As a 30 year resident of this thriving community, I have seen this sleepy part of Sarasota grow into a booming and lively area with the UTC Mall and a plethora of restaurants and shopping located just minutes away.

Sarasota/Manatee REALTORÂŽ Magazine

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Membership News The Association is pleased to welcome our new members!

New Realtors® Continued:

Jessica Montague Member Services Manager 941-952-3407 Please note: The “Now With” membership update is included in the magazine PDF, located at www.MyRASM.com/magazine.

New Brokers: Crawford, David; Catalist Realty LLC Crumbley, Allen; Berkshire Hathaway Florida Properties Group Danielson, Stephanie Ann; Acuity Property Group LLC Funk, Troy Owen; Realty One Group Skyline Guthrie, Matthew Scott; Matthew Guthrie and Associates Realty LLC Kenyon, Floyd J; Kenyon Real Estate Appr & Inv Lineberger, Steven R.; Salt Rock Realty Inc Medalie, Charles D; Home Selling Pros LLC Miessmer PLL, Nicholas; Sarasota Realty Center LLC Parsons, Vernon B; Vernon Parsons LIC. R. E. Broker Reutter, Thomas; Thomas Reutter, Lic R E Broker Scarfino-Sauer, Shannon M; Exit Sunset Realty Inc Snyder, Robert Eric; Robert Snyder Lic. RE Broker Upp, Nancy L; Brass Key Realty Yates, Jeanette M; WEICHERT REALTORS® Yates & Assoc.

Zachos, David A; Zachos Realty

New Realtors®: Agard, Maria Victoria; Exit King Realty Ager, Emily Rose; Keller Williams Realty Manatee Allan, James Clark; Harry Robbins Assoc Inc Appel, Ronald Charles; Sarasota Commercial Realty LLC Bahrenburg, John Claude; Coldwell Banker Res Real Estate Bailey, William Christopher; Keller Williams On The Water Barnett, Kelly; Allison James Estates & Homes Barnett, Kimberly; Allison James Estates & Homes Barnhart, Carol T; Coldwell Banker Res R E Battram, Jeffrey; Sarasota Home Realty Baxley, Elizabeth M; Coldwell Banker Res R E Beedie, Michelle; Beedie Realty Bernstein, Jared; Premier Plus Realty Brewer, Hillis; RE/MAX Alliance Group Burdziak, Ryan; Keller Williams Rlty Manatee Clemens, Benjamin J; Trend Realty Cline, Melissa D; Keller Williams Rlty Manatee Colter, Taylor; Keller Williams On The Water Cudar, Jessica; Exit King Realty Dalton, Gloria; Sarabay Real Estate Inc Dalton, Jerome R; Mapp Realty & Investment Co Dedominicis, Diane; Weichert Realtors® Hallmark Pro Diaz, Jorge; Veterans Realty Inc. Divoll, Peter; Coldwell Banker Residential R. Dowen, Tracey Murzynski; Keller Williams On The Water Erickson, Spencer; Premier Plus Realty 36 SEPTEMBER 2018

Fernandez, Orlando Gerardo; Robert Slack Fine Homes LLC Figueredo, Rosalia Martin; Visuna Realty LLC Frey, Tanner Alexis; Keller Williams On The Water Garcia, Barbara; Authority Realty Inc Garcia, Samuel; Keller Williams On The Water Green, Elise Ann; Keller Williams Realty Manatee Greenfield, Marykay Josephine; Premier Sothebys Intl Realty Groome, Sean Michael Keller Williams Classic Group Hendricks, Ryan Scott MVP Realty Associates, LLC Hoehne, Connor Davis Kingston Realty Hoidge, Pamela; Exit King Realty Jackson, Bianca; Keller Williams On The Water Johnson, David Christopher; Keller Williams Realty Select Jordan, Mickey; Bright Realty Keeble, Julie; Better Homes & Gardens Atchley Kesslak, Joseph; RE/MAX Alliance Group Laramie, Mahalia; Keller Williams On The Water Larson, Kathleen Lisa; Keller Williams Realty Gold Macloughlin, Vaughn Alan; Keller Williams Classic Group Malara, Andrea Reyne; Better Homes & Gardens Atchley Manes, Elizabeth Frazier; McConnell and Associates Mazzarantani, Sandra F; Michael Saunders & Company Miller, David Robert; Bright Realty Mills, Florizel D; Michael Saunders & Company Mosher, Robin Keller; Williams Rlty Manatee Newell, Morgan; Authority Realty Inc Nova III, Alfred Carlin; Allison James Estates & Homes Novak, Donna; Coldwell Banker Res Real Estate O'Steen, Rebecca A; O'Steen Group Inc Paape, Nicholas; NextHome Excellence Palmer, Robin L; Weichert Realtors® Hallmark Pro Pegues, Herbert U; Fine Properties Perez, Jonathan; Trend Realty Petrivelli, Arlena Erin; Home Selling Pros LLC Ponce, Alison Judith; Guzzi & Associates LLC Rhoads, Stacey Elaine; Keller Williams On The Water Rhodus, Gary Thomas; Michael Saunders & Company Rodriguez, Natanael; MVP Realty Associates LLC Rodriguez, Pablo Alberto; Trend Realty Romano, Dominick Vincent; Authority Realty Inc Rosati-Pate, Adele; Exit Dream Team Realty Ross, Justin; RE/MAX Platinum Realty Rudd, Patricia Kay; Keller Williams On The Water Rusek, Traci Shea; RoseBay International, Inc Sanders, Michael K; Coldwell Banker Residential R. Schumann, Norah Fahlen; Keller Williams Classic Group Skol, Chester Marlon; Platinum Real Estate Smith, David Gerard; PalmerHouse Properties Solo, Marina V; Michael Saunders & Company Stevens, Clara Francisco; Keller Williams Realty Select Stumpo, Joseph; Exit King Realty Suite, Dennis E; Keller Williams Realty Select Tamberino, Susan; Keller Williams On The Water Taulbee, Taylor; Fine Properties Thompson, Susan L; Keller Williams Realty Manatee Continued on page 38

Sarasota/Manatee REALTOR® Magazine

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New Realtors® Continued: Tupper, Amy Elizabeth; Michael Saunders & Company Vassallo, Clara ; MBN Realty Professionals Vidota, Joseph Stanley; Xena Vallone Realty Inc Weeks, Madeline Sue; Wagner Realty Weisert, Tiffany; Keller Williams Classic Group Wheeler, Nicole Rosenblad; Premier Sothebys Intl Realty Wilberding, Susan Suki; Keller Williams On The Water Williams, Adebisi; Exit King Realty Wilson, Michelle L; Sarabay Real Estate Inc Young, Alyssa; Turner Real Estate Network Ziegler, Lisa; Allison James Estates & Homes

New Business Partners: Leech Tishman Fuscaldo & Lampl 8470 Enterprise Circle Lakewood Ranch, Florida 34202 Representative: Wanda Pistella Specialty: Leech Tishman Fuscaldo & Lampl, is committed to providing professional legal service. We combine a practical approach with a strong understanding of local, regional, national and international business and personal legal services. Our lawyers collaborate, leverage resources, share industry and practice experiences, and function cohesively to best serve you with solutions to your routine and complex legal matters.

Email: wpistella@leechtishman.com Straight Inspection Services P.O. Box 1449 Anna Maria, Florida 34216-1449 Representative: Michael Conley Specialty: Professionalism and client satisfaction is our business for one of the most important investments you will ever make. We offer a comprehensive, narrative inspection report that addresses: where the problem is, what it means to you as a home buyer, and a remedy for correcting. A typical home inspection will last from two to three hours.

Email: FLinspector@outlook.com Dwell Home Staging 602 S. Ware Blvd Tampa, Florida 33619 Representative: Malaika Hollist Specialty: We're Tampa Bay's leading 100% IN-HOUSE staging company. We don't rent furniture from other vendors, we have our own trucks and logistics teams, our designers are Dwell employees, and we have a 9,000 SF warehouse full of on-trend inventory.

Email: malaika@dwellstaging.com Evoke Studio Photography 1736 Main St Sarasota, Florida 34236 Representative: Jolanta Bremer Specialty: Professional photos that are real, relate-able and authentic. Real photos that allow people to be drawn to you will be real and the connection will be genuine and the relationships will be personal and loyal and long lasting!

Email: Jola@EvokeSRQ.com www.MyRASM.com

MBN Loans 3665 Bee Ridge Road Sarasota, Florida 34233 Representative: Jennifer Troncone Specialty: MBN is a network of strategic partners, services, wealth builders and educators that provide support to the real estate industry. We create a better customer experience for your clients no matter what real estate company is listed on your card. We help close the deals you thought were impossible!

Email: jjtroncone@gmail.com MM Dooley Group, Inc 2750 Stickney Point Rd Sarasota, Florida 34231 Representative: Michael M. Dooley Specialty: We are 100% focused on national retailers and developers. Over the years, our client base has expanded to include hospitality, medical, industrial, retail and luxury residential projects through out the south eastern United States.

Email: michael@mmdooleygroup.com GC Home Inspections LLC 5317 Fruitville Road Sarasota, Florida 34232 Representative: Glenn MCicora Specialty: GC Home Inspections LLC is well versed in the dos and don’ts of residential construction. We’ll make sure that you know why a home is in the shape it’s in and help you understand what can be done to avoid preventable repair expenses in the future.

Email: glenn@homeinspectionssrq.com Laurel Oak Country Club 2700 Gary Player Boulevard Sarasota, Florida 34240 Representative: Michelle Brault Specialty: Laurel Oak Features 36 holes of championship golf, a state-of-the-art tennis facility, and exceptional wedding and event venues, all near downtown Sarasota.

Email: membershipsales@laureloak.com Eagle Home Mortgage 8319 Market Street Lakewood Ranch, Florida 34202 Representative: Anthony Lozano Specialty: Eagle Home Mortgage has been providing home buyers with options and opportunities for over 30 years. It is our mission to be the premier mortgage service provider.

With more than 150 branches and licensed in 42 states, we are a local lender committed to lowering the barriers of home ownership.

Email: tonylozano@eaglehm.com Alpha Drone Solution 3293 Enclave Blvd Mulberry, Florida 33860 Representative: Brek Kalk Specialty: lpha Drone Solution is Florida's premier provider of Aerial photos and videos for professional and

Continued on page 38

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

37

New Business Partners Continued: commercial use. Modern technology and professional aerial tactics have combined to bring about the perfect opportunity for savvy businesses and business owners to take advantage of aerial photos and videos.

Email: Alphadronesolution@gmail.com Aweena Displays Venice, Florida 34292 Representative: Curtis Doyle Specialty: Aweena is your stop for everything Tradeshow display related. We offer high quality products at low prices with quick turnaround times.

Email: SalesSupport@aweena.com Financial Education Services 3781 Coquina Ave / North Port, Florida 34286 Representative: Jennifer Currier Specialty: Financial Education Services has been helping consumers achieve their highest financial potential for over 10 years. We pride ourselves on our Accredited A+ Rating with the Better Business Bureau.

Email: JenniferRealEstateAssistant@gmail.com Hello Alex 13580 Luxe Ave #302 / Bradenton, Florida 34211 Representative: Benjamin Bressmglan Specialty: HelloAlex uses a true self-learning AI with complete Real Human integrations to deliver the highest quality conversations to your clients via text chat or voice inbound or outbound conversations.

Email: ben@helloalex.io

We offer digital and offset printing with in-house foil stamping, embossing, and die cutting to meet all of your printing needs.

• Brochures, Sell Sheets & Rack Cards • Newsletters, Postcards & Direct Mail • Business Cards • Promotional Products • Portfolios & Pocket Folders • Point of Purchase & Product Packaging • Annual Reports & Manuals

Coastal Printing has the expertise to deliver exceptional quality every time and on time!

941-351-1515 Ryan@CoastalPrint.com

CoastalPrint.com *Ask about a RASM discount.

38 SEPTEMBER 2018

*,"1 Ê ,

2016 Member

Strengthening Your Business and our Community National Chamber of the Year Four-Time Winner Florida Chamber of the Year U.S. Chamber 5-Star Accredited

1730 Independence Blvd.

Sarasota, FL 34234 Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

Steve Zeris 2018 WCR President Manatee Network

Julia Montei 2018 WCR President Sarasota Network We

The temperature is high, the thunder is loud, excitement is in the air, and I’m optimistic about the future. The market is moving while many are seeking their real estate licenses. There is one vital piece of the puzzle for all who are in this business, new or old. You must be involved and seek education while developing your abilities and leadership skills. Those who do will stay in this business for many years.

This month, many of us were Blessed to have the opportunity to attend the Florida Realtors® Conference in Orlando. Our Network provided ten rooms for our members to attend and attend workshops and classes. It was a rewarding time for all who attended, and my goal is to have fifteen rooms in January for the next state conference. We also had time to socialize and build relationships while networking.

Many of our friends from the Sarasota Network were in attendance as well as other neighboring Networks. Because of the conference, we had no meetings locally in August. However, we do have a wonderful event coming September 10th for the second consecutive year. We are partnering with Stock Signature Homes, Debbie Urban, to have our annual School House Rock Event. If you missed last year, you have no idea how much fun we have and the networking. Building relationships are critical in this business.

The National Association of REALTORS® conference is in Boston the first week of November.

If you have not been to any of the National Conferences, you are truly missing out. Our industry is much larger and commits to excellence more than you can imagine.

If you are not a member of the Women’s Council of Realtors®, what are you waiting for? We focus on education, networking and building leadership skills. We have two local networks, Manatee and Sarasota. If you are interested in joining or if you have any questions, contact me, Steve Zeris – President, at 941-518-6450 or steve@stevezeris.com or Sherry Grooms – President-Elect at 941-705-2438 or ssgrooms1@gmail.com. I guarantee you will grow from being part of this national organization.

www.MyRASM.com

Our Members!

We are almost in the fourth quarter of the year and summer is winding down but Women’s Council Sarasota’s year is by NO means over! There is still much to do, additional goals to accomplish and more fun to be had before the end of the year.

In August we held our Network Elections on August 15th at The Field Club. We elected our 2019 Treasurer, Brad Benson of Guaranteed Rate, and our PresidentElect Anita Lambert, Premier Sothebys.

Our current PresidentElect, Ivan Gould, will 2018 Membership & Strategic Business Partners. automatically assume the role of President during December’s Installation. Congratulations, Ivan, Anita, and Brad! We are looking forward to a great year with you and are excited about your Leadership!

Our next Social is a “COME ONE, COME ALL event!” We will be boarding LaBarge, Sarasota’s floating tropical island, on Thursday, September 20th for a “Get to know you better” Sunset Cruise! The dress is casual and food and a cash bar will be available on board. Come relax and 2019 Line Officers: Ivan Gould, President; Anita Lambert, enjoy casual networking with amazing President-Elect; and Brad Benson, Treasurer. professionals and all with the most stunning view of our beautiful sunset on Sarasota Bay. In October we will be welcoming two very special guests from the Siesta Key Chamber of Commerce, Mark H. Smith - Board Chair, Smith Architects, PA and Helene Hyland – Board of Directors, Coldwell Banker. They will talk to us about all the challenges and concerns our beloved Siesta Key is currently facing. There is a lot going on in Siesta Key and we want our members to keep their clients informed. An informed client is an appreciative client. Join us on Wednesday, October 17th at the Sarasota Yacht Club. You can find links to registration for both events on our website Sarasotawcr.com.

We are a close-knit Network. There is no denying. But we are always ready to open our arms and welcome new members and new talent to our group! If you are a Realtor® and interested in learning how Women’s Council can help you reach your professional goals, please contact our Director of Membership, Rebecca Dalton, at 941-702-1300 or wcr.srq.membership@gmail. com. We would love to have you join us!

“Volunteering is at the very core of being human. No one has made it through life without someone else’s help.” - Heather French Henry.

“The effective leaders recognize that they are more dependent on their people than they are on them. Walk softly.” – Brian Tracy.

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

39

Business Partner After Hours Networking The RASM Business Partners hosted the August “After Hours Networking Event” at Gecko’s Grill & Pub on Hillview Avenue in Sarasota!

This monthly event is always a fun night of socializing and networking. All RASM members, and future members, are invited and encouraged to attend and enjoy networking! Come, relax and enjoy free appetizers, happy hour prices / specials, and lively conversations with your fellow members! Check out the RASM Facebook page for more pictures and make sure to join us next month! See you there!

40 SEPTEMBER 2018

Sarasota/Manatee REALTOR® Magazine

www.MyRASM.com

Membership News Continued New RASM Members, Now With: Bailey, Melissa Helen; Dalton Wade Inc Balaz, Maria; Exit King Realty Baldwin Gregson, Elizabeth; New Chapter Real Estate Bell, Deborah; Reynolds Realty Gulf Coast Inc Blue, Kimberley Anne; Anna Maria Living LLC Burg, Betty; Coldwell Banker Res Real Estate Busby, Dalton; Bright Realty Bush, Michael; Bright Realty Clayton, Joseph Lance; Matthew Guthrie & Assoc. Realty LLC Clemens, Benjamin J; Trend Realty Coronado, Maritza Tovar; Dalton Wade Inc Debbs, Gina L; Matthew Guthrie and Associates Realty LLC DeFeo II, Patrick J; Home Selling Pros LLC DeFeo, Alyssa; Home Selling Pros LLC DeFeo, Nancy; Home Selling Pros LLC Driscoll, Denise Marie; EXP Realty, LLC Fallacaro PLLC, Corinne Jo; Greco Real Estate Figlow, Nicholas P; Better Homes & Gardens Atchley Forrest, Barbara W; Fine Properties Friedland, Anne Leslie; BlueSRQ Real Estate INC Funk, Jenifer Susan; Better Homes & Gardens Atchley Garrison, William; Bright Realty Gibson, Charles Patton; EXP Realty, LLC Gillies, Rosemary; Bright Realty Gitt, Kelly A; Keller Williams On The Water Hollander, Louise Marie; Michael Saunders & Company Iakovleva, Polina; Medway Realty Johanning, Stacey Lynn; Allison James Estates & Homes Johnson, Peggy D; Home Selling Pros LLC Johnston, Andrew T; Coldwell Banker Residential RE Jones, Blake D; Coldwell Banker Res Real Estate Jonovic, Nathaly Nicole; Platinum Real Estate Kaendler, Hermann; Platinum Real Estate Kitson, Molly V; MS Realty Mickey Schweitzer & Assoc.

www.MyRASM.com

Lange, Katherine; Keller Williams Classic Group MacInnes, Karen L; MacInnes Realty PLLC Malickson, Frank; RoseBay International, Inc Marra, Massimiliano; Realty One Group Skyline McGinnis, Diane L; Fine Properties Miessmer PLL, Nicholas; Sarasota Realty Center LLC Miller, Deborah Kay; Florida Realty Investments Moore, Emma; Key Solutions Real Estate Grp Moore, Jennifer Mai; Fine Properties Moore, Kenneth Laurie; Fine Properties Moore, Michelle L; Atlantis Realty Group SWFL O'Neil, Michael John; Allison James Estates & Homes Pittman PA, Troy William; Bright Realty Rainey, Kimberly Patrice; EXP Realty, LLC Rhinelander, Jeffrey James; Premier Sothebys Intl Realty Rodriguez, Estrella; Fenton Realty Inc Rosbottom, David; Coldwell Banker Residential Re Sirota, Brian K; Sarabay Suncoast Realty Smith, Arlene Anne; Gulf Shores Realty Smith-Frady, Alexis M; Premier Sothebys Intl Realty Snyder, Robert Eric; Robert Snyder Lic. RE Broker South, Susan Diane; Keller Williams Realty Select Speaker, Christine; June Speaker Lic. RE Broker Spiegelman, Alexis Cathleen; Fine Properties St Pierre, Frank; Bright Realty Suponcic JR, Ronald F; Coldwell Banker Res R E Suponcic, Bozena; Coldwell Banker Res R E Sylvester, David Paul; WEICHERT REALTORS® Yates&Assoc Thrift, James; Fine Properties Tobiason, Alan S; Realty One Group Skyline Vizzaccaro, Vincent; Fine Properties Wacnik, Brian Joseph; Keller Williams Island Life Re Wegesend, Kanoa; Keller Williams Realty Manatee Wiedwald, Cheryl Ann; Bright Realty

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

41

PRSRT STD U.S. POSTAGE PAID MANASOTA, FL PERMIT NO. 451

September, 2018 RASM Education & Networking events TUESDAY

WEDNESDAY

THURSDAY

FRIDAY

3 RASM Offices closed in observance of Labor Day

4 1 pm - New Member Code of Ethics (South)

5

6

10 9 am - New Member Orientation (South) 1 pm - New Member Intro to Contracts (South)

11 1 pm - MLS HomeSnap & My MLS App (South)

12

13 14 8 am - MLS Express (South) 9 am - CID Marketplace, South

17 11:30 am - Annual Meeting (South)

18 9 am - MLS Basic (South) 10 am - RPR Basic (Goodwill) 11:30 am - RPR Mobile (Goodwill) 1 pm - MLS Compliance 101 (South) 3 pm - MLS Adding & Editing (South)

19 8 am - MLS Express Zone 1 (Bradenton Country Club) 11:30 am - All Things Waterfront - Coastal Permitting and Approvals (Goodwill)

20 8 am - MLS Express (South) 9 am - MLS Marketing Tools (Goodwill) 1 pm - MLS iMapp (Goodwill)

24 10 am - RPR - Getting Started (South) 11:30 am—RPR Mobile (South)

25

26 8: 30 am - CCIM Intro Foundation for Success (South) 9 am - 2018 REALTOR® TECH/CON (Bradenton Area Convention Center)

27 28 8 am - MLS Express (South) 9 am - CID Marketplace, 1 pm - REALTORS® Guide South to VA Loans (South)

1

2 9 am - Business Partner Orientation (South) 1 pm - Code of Ethics (Goodwill)

3

4 8 am - MLS Express (Goodwill) 9 am - Tenants, Toilets and Tornados (South) 9 am - MLS Basic (Goodwill) 1 pm - You Gotta Go! Tenant Evictions (South) 1 pm - MLS Compliance 101 (Goodwill) 2:30 pm - Adding & Editing (Goodwill)

8 am - CID Downtown Horizons (The Francis) 8: 30 am - CCIM Intro Foundation for Success (South) 9 am - MLS Basic (South) 1 pm - MLS Compliance 101 (South) 2: 30 pm - MLS Adding & Editing (South) 5 pm - Business Partners After Hours Networking, Gecko’s on Hillview

8 am - MLS Express (Tara Country Club) 8:30 am - CIPS: America’s (South) 9 am - MLS Basic, Goodwill 1 pm - MLS Compliance 101, Goodwill 2:30 pm - MLS Adding & Editing, Goodwill

7 9 am - CID Marketplace, South

21 9 am - CID Marketplace, South 11 am - YPN REALTOR® Bowling Day (AMF Gulf Gate Lanes)

5 9 am - CID Marketplace, South

RASM South Office - 2320 Cattlemen Road, Sarasota, FL 34232 RASM North Member Service Center - 417 12th Street West, Suite 106, Bradenton, FL 34205 Temporary Location for North Educational Classes: Goodwill Manasota Corporate Offices, 2705 51st Ave E, Bradenton, FL 34203 My Florida Regional MLS Training To view and register for upcoming webinars, go to the GoPher It Portal, and click on the webinar classes link. You can also view and register for MFR webinars directly at webinars.mfrmls.com.

For all Non-MLS classes, register at: www.MyRASM.com DATES SUBJECT TO CHANGE

REALTOR® Association of Sarasota and Manatee, Inc. 2320 Cattlemen Road Sarasota, FL 34232

MONDAY

Expanded Statistical Report Sarasota and Manatee Counties July 2018 For more detailed reports, visit www.MyRASM.com/statistics

www.MyRASM.com

Sarasota/Manatee REALTOR® Magazine

SEPTEMBER 2018

43

Monthly Distressed Market - July 2018 Single Family Homes Sarasota County

Closed Sales

July 2018

July 2017

Percent Change Year-over-Year

685

652

5.1%

$285,000

$265,000

7.5%

15

22

-31.8%

$187,500

$164,000

14.3%

4

9

-55.6%

$221,500

$265,000

-16.4%

Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price

2014

2015

Traditional

2016

Foreclosure/REO

2017

2018

Short Sale

100% 90%

Closed Sales

80% 70% 60% 50% 40% 30% 20% 10% 0%

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J $450K $400K

Median Sale Price

$350K $300K $250K $200K $150K $100K $50K $0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014 44 SEPTEMBER 2018

2015

2016 Sarasota/Manatee REALTORÂŽ Magazine

2017

2018 www.MyRASM.com

Â&#x201D;Â&#x2018;Â&#x2020;Â&#x2014;Â&#x2026;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192; Ěş Â&#x2122;Â&#x2039;Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x2013;Â&#x192; Â&#x2019;Â&#x201D;Â&#x2018;Â&#x2DC;Â&#x2039;Â&#x2020;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192;ĚľÂ&#x2022; Â?Â&#x2014;Â&#x17D;Â&#x2013;Â&#x2039;Â&#x2019;Â&#x17D;Â&#x2021; Â&#x17D;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â?Â&#x2030; Â&#x2022;Â&#x2021;Â&#x201D;Â&#x2DC;Â&#x2039;Â&#x2026;Â&#x2021;Â&#x2022;Ǥ Â&#x2013;Â&#x192;Â&#x2013;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â&#x2026;Â&#x2022; Â&#x2C6;Â&#x2018;Â&#x201D; Â&#x2021;Â&#x192;Â&#x2026;Â&#x160; Â?Â&#x2018;Â?Â&#x2013;Â&#x160; Â&#x2026;Â&#x2018;Â?Â&#x2019;Â&#x2039;Â&#x17D;Â&#x2021;Â&#x2020; Â&#x2C6;Â&#x201D;Â&#x2018;Â? Â&#x2C6;Â&#x2021;Â&#x2021;Â&#x2020;Â&#x2022; Â&#x2018;Â? Â&#x2013;Â&#x160;Â&#x2021; ͳ͡Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x203A; Â&#x2018;Â&#x2C6; Â&#x2013;Â&#x160;Â&#x2021; Â&#x2C6;Â&#x2018;Â&#x17D;Â&#x17D;Â&#x2018;Â&#x2122;Â&#x2039;Â?Â&#x2030; Â?Â&#x2018;Â?Â&#x2013;Â&#x160;Ǥ

Monthly Distressed Market - July 2018 Single Family Homes Manatee County

Closed Sales

July 2018

July 2017

Percent Change Year-over-Year

609

503

21.1%

$313,990

$302,507

3.8%

10

13

-23.1%

$165,750

$175,000

-5.3%

3

6

-50.0%

$310,000

$262,000

18.3%

Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price

2014

2015

Traditional

2016

Foreclosure/REO

2017

2018

Short Sale

100% 90%

Closed Sales

80% 70% 60% 50% 40% 30% 20% 10% 0%

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J $600K

Median Sale Price

$500K

$400K

$300K

$200K

$100K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014 www.MyRASM.com

2015

2016

Sarasota/Manatee REALTORÂŽ Magazine

2017

2018 SEPTEMBER 2018

Â&#x201D;Â&#x2018;Â&#x2020;Â&#x2014;Â&#x2026;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192; Ěş Â&#x2122;Â&#x2039;Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x2013;Â&#x192; Â&#x2019;Â&#x201D;Â&#x2018;Â&#x2DC;Â&#x2039;Â&#x2020;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192;ĚľÂ&#x2022; Â?Â&#x2014;Â&#x17D;Â&#x2013;Â&#x2039;Â&#x2019;Â&#x17D;Â&#x2021; Â&#x17D;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â?Â&#x2030; Â&#x2022;Â&#x2021;Â&#x201D;Â&#x2DC;Â&#x2039;Â&#x2026;Â&#x2021;Â&#x2022;Ǥ Â&#x2013;Â&#x192;Â&#x2013;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â&#x2026;Â&#x2022; Â&#x2C6;Â&#x2018;Â&#x201D; Â&#x2021;Â&#x192;Â&#x2026;Â&#x160; Â?Â&#x2018;Â?Â&#x2013;Â&#x160; Â&#x2026;Â&#x2018;Â?Â&#x2019;Â&#x2039;Â&#x17D;Â&#x2021;Â&#x2020; Â&#x2C6;Â&#x201D;Â&#x2018;Â? Â&#x2C6;Â&#x2021;Â&#x2021;Â&#x2020;Â&#x2022; Â&#x2018;Â? Â&#x2013;Â&#x160;Â&#x2021; ͳ͡Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x203A; Â&#x2018;Â&#x2C6; Â&#x2013;Â&#x160;Â&#x2021; Â&#x2C6;Â&#x2018;Â&#x17D;Â&#x17D;Â&#x2018;Â&#x2122;Â&#x2039;Â?Â&#x2030; Â?Â&#x2018;Â?Â&#x2013;Â&#x160;Ǥ

45

Monthly Distressed Market - July 2018 Townhouses and Condos Sarasota County

Closed Sales

July 2018

July 2017

Percent Change Year-over-Year

339

299

13.4%

$232,000

$215,500

7.7%

2

6

-66.7%

$222,125

$117,450

89.1%

0

1

-100.0%

(No Sales)

$80,000

N/A

Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price

2014

2015

Traditional

2016

Foreclosure/REO

2017

2018

Short Sale

100%

Closed Sales

95% 90% 85% 80% 75%

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J $600K

Median Sale Price

$500K

$400K

$300K

$200K

$100K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014 46 SEPTEMBER 2018

2015

2016 Sarasota/Manatee REALTORÂŽ Magazine

2017

2018 www.MyRASM.com

Â&#x201D;Â&#x2018;Â&#x2020;Â&#x2014;Â&#x2026;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192; Ěş Â&#x2122;Â&#x2039;Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x2013;Â&#x192; Â&#x2019;Â&#x201D;Â&#x2018;Â&#x2DC;Â&#x2039;Â&#x2020;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192;ĚľÂ&#x2022; Â?Â&#x2014;Â&#x17D;Â&#x2013;Â&#x2039;Â&#x2019;Â&#x17D;Â&#x2021; Â&#x17D;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â?Â&#x2030; Â&#x2022;Â&#x2021;Â&#x201D;Â&#x2DC;Â&#x2039;Â&#x2026;Â&#x2021;Â&#x2022;Ǥ Â&#x2013;Â&#x192;Â&#x2013;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â&#x2026;Â&#x2022; Â&#x2C6;Â&#x2018;Â&#x201D; Â&#x2021;Â&#x192;Â&#x2026;Â&#x160; Â?Â&#x2018;Â?Â&#x2013;Â&#x160; Â&#x2026;Â&#x2018;Â?Â&#x2019;Â&#x2039;Â&#x17D;Â&#x2021;Â&#x2020; Â&#x2C6;Â&#x201D;Â&#x2018;Â? Â&#x2C6;Â&#x2021;Â&#x2021;Â&#x2020;Â&#x2022; Â&#x2018;Â? Â&#x2013;Â&#x160;Â&#x2021; ͳ͡Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x203A; Â&#x2018;Â&#x2C6; Â&#x2013;Â&#x160;Â&#x2021; Â&#x2C6;Â&#x2018;Â&#x17D;Â&#x17D;Â&#x2018;Â&#x2122;Â&#x2039;Â?Â&#x2030; Â?Â&#x2018;Â?Â&#x2013;Â&#x160;Ǥ

Monthly Distressed Market - July 2018 Townhouses and Condos Manatee County

Closed Sales

July 2018

July 2017

Percent Change Year-over-Year

214

190

12.6%

$201,000

$165,000

21.8%

4

5

-20.0%

$113,550

$158,000

-28.1%

0

3

-100.0%

(No Sales)

$132,000

N/A

Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price

2014

2015

Traditional

2016

Foreclosure/REO

2017

2018

Short Sale

100% 90%

Closed Sales

80% 70% 60% 50% 40% 30% 20% 10% 0%

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J $350K

Median Sale Price

$300K

$250K $200K $150K $100K $50K $0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2014 www.MyRASM.com

2015

2016

Sarasota/Manatee REALTORÂŽ Magazine

2017

2018 SEPTEMBER 2018

Â&#x201D;Â&#x2018;Â&#x2020;Â&#x2014;Â&#x2026;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192; Ěş Â&#x2122;Â&#x2039;Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x2013;Â&#x192; Â&#x2019;Â&#x201D;Â&#x2018;Â&#x2DC;Â&#x2039;Â&#x2020;Â&#x2021;Â&#x2020; Â&#x201E;Â&#x203A; Â&#x17D;Â&#x2018;Â&#x201D;Â&#x2039;Â&#x2020;Â&#x192;ĚľÂ&#x2022; Â?Â&#x2014;Â&#x17D;Â&#x2013;Â&#x2039;Â&#x2019;Â&#x17D;Â&#x2021; Â&#x17D;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â?Â&#x2030; Â&#x2022;Â&#x2021;Â&#x201D;Â&#x2DC;Â&#x2039;Â&#x2026;Â&#x2021;Â&#x2022;Ǥ Â&#x2013;Â&#x192;Â&#x2013;Â&#x2039;Â&#x2022;Â&#x2013;Â&#x2039;Â&#x2026;Â&#x2022; Â&#x2C6;Â&#x2018;Â&#x201D; Â&#x2021;Â&#x192;Â&#x2026;Â&#x160; Â?Â&#x2018;Â?Â&#x2013;Â&#x160; Â&#x2026;Â&#x2018;Â?Â&#x2019;Â&#x2039;Â&#x17D;Â&#x2021;Â&#x2020; Â&#x2C6;Â&#x201D;Â&#x2018;Â? Â&#x2C6;Â&#x2021;Â&#x2021;Â&#x2020;Â&#x2022; Â&#x2018;Â? Â&#x2013;Â&#x160;Â&#x2021; ͳ͡Â&#x2013;Â&#x160; Â&#x2020;Â&#x192;Â&#x203A; Â&#x2018;Â&#x2C6; Â&#x2013;Â&#x160;Â&#x2021; Â&#x2C6;Â&#x2018;Â&#x17D;Â&#x17D;Â&#x2018;Â&#x2122;Â&#x2039;Â?Â&#x2030; Â?Â&#x2018;Â?Â&#x2013;Â&#x160;Ǥ

47