Gulf Living Group
In this tight sellers’ market, where every property listed receives multiple (and over-asking price) offers within hours, agents are looking for creative ways to make their buyers’ offers stand out. One method that has gained a lot of traction lately is the escalation clause. What is it? Simply put, an escalation clause is like putting… Read More »
Why are so many people moving to the Sunshine State? According to reports compiled by Move.org, Florida was the number one destination for Americans relocating in 2020, beating out contenders California and Texas. The state’s Office of Economic and Demographic Research recorded nearly 300,000 new Florida residents between April 2020 and 2021. Factors such as the weather,… Read More »
What is an Appraisal Gap? If you’ve been searching for a home in this crazy real estate market then you’ve probably heard the term Appraisal Gap. The Appraisal Gap is the difference between the appraised value of your home and the contract sale price of the home. For instance, if you’re under contract to purchase… Read More »
Whether you are looking for a vacation or a forever home in St Pete Beach today, you are undoubtedly faced with a strong seller’s market and extremely low inventory. You’ll be up against many other homebuyers all vying for the short supply of listings. Here are five tips for making a confident and competitive offer… Read More »
When you first start looking into buying a home, the amount of information out there can be overwhelming. While there is nothing quite like the having an experienced real estate agent to guide the home buying process, there are steps you can take on your own to prepare for your eventual first home purchase. Check… Read More »
Buying a home for the first time can be incredibly stressful, mostly due to the plethora of information to sort through, steps and paperwork required, and many different homes available to pick and choose from. In order to ensure the best experience possible when searching for and buying a first home, it’s best to prepare… Read More »
What is Absorption Rate Absorption Rate is a calculation used to determine the number of months it would take to sell real property. Very simply, the Absorption Rate is calculated by taking the number of homes sold in a specific time period and dividing it by the number of homes currently on the market. How… Read More »
Some deal killers are unavoidable, while others are preventable to ensure a sale. MAINTENANCE The top deal killer in real estate is usually the lack of maintenance on the home. Most of these items usually come up in the home inspection phase of the deal which costs the buyer money for the inspection and the… Read More »
When buying a home these are the things you should consider before putting in an offer: LOCATION, LOCATION, LOCATION You’ve probably heard this before but it is the most important thing because this cannot be changed. Look at proximity to your work, noise from neighbors and nearby traffic, and access to shopping, schools, and transportation.… Read More »
