So What is Really Happening in Our Real Estate Market? By Patricia Tan The start of a new year is always a time for reflection on the past twelve months and a look into what the future might hold. When we take this approach to the real estate market, we are fortunate in that the past does hold real statistics that we can consider in retrospect. During 2012 real estate across the country made significant improvement – sales and prices are up and inventory continues to decrease. Nowhere is this more true, than in Florida, where most markets saw strong […]
Selling a Home? Choose Your Marketing Partner Carefully By Patricia Tan A marketing partner? Why not a REALTOR® In my experience, a home is more likely to sell quickly, and for a higher price when there is a spirit of partnership between the seller and their REALTOR®. Each has their own role to play. The seller must provide access to their home and present it in the best possible way, based upon advice given by their real estate professional. While a REALTOR® has a very long list of duties associated with listing and selling a home, probably the most important […]
Florida’s Island Neighbor -Life In The Bahamas By Patricia Tan Just 50 miles off the coast of Florida, the Bahamas is our closest neighbor, and one that offers relaxed island living – a short boat ride and an easy escape from the hustle and bustle of Miami, and a quick flight from Orlando’s busy city life.
Political Clout? By Patricia Tan Have you ever thought of a Realtor® as having political clout? No? Read on ……. As the largest professional trade association in the United States, the National Association of Realtors® (NAR) represents more than 1.1 million residential and commercial Realtors® involved in all facets of the industry. NAR advocates policy initiatives that will result in the continued creation of a sound and dynamic U.S. real estate market, fostering vibrant communities in which to live and work. Easy to say, but what does it really mean?
Property Rentals – The Long And The Short Of It By Patricia Tan Lower property prices in Florida and a healthy demand for rental properties has led to an increase in demand from overseas investors. One of the questions I hear a lot when I am traveling is “Should I buy a property for short or long term rental?”
The Canadian Effect By Patricia Tan I write this article as our “season” draws to a close and we bid farewell to our cool weather comrades, our snow bird visitors who mean such a lot to our communities on the west coast Florida. This year, if you feel you may have heard more Canadian accents than usual, a quick look at our real estate buyer statistics may confirm your suspicions.
Why Do People Purchase A Home In Florida? By Patricia Tan Buyer Motivation What motivates someone to buy a property in Florida? As a real estate agent working with buyers, many of whom come from other countries, I am always eager to learn why they want to buy a property, as well as what they want to buy. Understanding a buyer’s motivation can shorten the sales cycle and result in a very happy customer.
Buying Property in Florida? Tips for Success By Patricia Tan Now we are in the height of our traditional “buying season” here in Florida, I thought it might be useful to provide some tips, particularly for our out-of-state and overseas visitors. Over the years, I have worked with buyers from many U.S. states and other countries and helped educate them on ways to make a successful purchase – one that they will enjoy many years into the future. These are my tips for success:
What Will The New Year Bring? By Patricia Tan In the last few weeks of 2011, I attended an international convention in California, and attended a series of presentations here in Florida. At these events, I heard several well respected economists give their predictions as to what might happen in our real estate market in 2012.
British Developers Leave Their Mark On Sarasota By Patricia Tan From its earliest days, Sarasota has seen the impact of British settlers and developers, and our landscape continues to be influenced by them today. The Florida Mortgage and Investment Company first promoted Sarasota as a “modern town” in Scotland in 1885.
Resort Style Living – It Sells! By Patricia Tan I recently attended a class on Resort and Second Home Real Estate Markets, and I learned a lot about why and how people buy homes in resort communities. We may not necessarily think about our beautiful spot on the Gulf Coast as a resort area, but that is exactly how many overseas and out of state buyers see us.
What’s New In International Real Estate? By Patricia Tan There is always something new in the world of real estate. It is a constant challenge, as a real estate practitioner, to keep up with the latest market trends, regulations and legislation. Nowhere is this more true perhaps, than in the world of international real estate. It is no longer enough to understand what is happening “in our own back yard”, but we need to be aware of state, national and global situations that have an impact on our real estate market here in Florida.
Tips For Buying A Property Overseas By Patricia Tan The “world is becoming smaller every day”, or so the saying goes. Advances in technology and transport have certainly allowed many of us to easily experience other countries and cultures. Those experiences often lead to a desire to relocate to another country, or at least purchase a property there so you may enjoy spending longer periods in that area. Alternatively, certain parts of the world may be seen as better than others as far as real estate investment is concerned. Whatever the motivation, the decision to buy real estate in another […]
Trends In International Real Estate By Patricia Tan I write this soon after returning from a springtime marketing trip to Western Europe. I make a similar trip at least twice each year and combine having a presence at overseas property shows, with delivering educational seminars to European buyers looking to invest in Florida and meetings with our valued partners in various European countries. These trips afford me the opportunity to experience first-hand, how our European cousins are spending their Euros, Sterling, Krona or other currency, when they look to buy real estate outside their home countries. The top two destinations […]
Knowledge Is Power… … and nowhere is that more true than in today’s international real estate market By Patricia Tan This saying is attributed to Francis Bacon, the Tudor philosopher, scientist and statesman, and was part of a document he wrote in 1596 – so how can it possibly apply to what is happening in our real estate market today? As a real estate practitioner who spends much time with international buyers of Florida real estate, I would say that one of the key things that differentiates overseas buyers from American buyers is their thirst for knowledge. They want to […]
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Wednesday, December 19, 2012
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