Buyers, Finding Your First Home, Real Estate Videos, Sellers, Selling Your Home

Zestimates® vs. CMAs

If you have bought or sold real estate in the past decade, then you are probably familiar with Zillow and its famous Zestimates®. In today’s video, I want to share about Zestimates® and how Zillow comes to its valuation. Then compare them to another valuation tool – CMAs or a Comparable Market Analysis. How does Zillow calculate its Zestimate®? Zillow uses…

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Buyers, Finding Your First Home, Real Estate Videos

What is a Home Inspection and How Does It Work?

After going under contract for a house, the parties will enter an inspection period.  During this inspection period, a buyer will evaluate the property’s condition to decide if he or she wants to move forward with the purchase.  A buyer will typically hire a home inspector to come by the property and give an evaluation of the current issues with the property.…

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Jacksonville Real Estate Market Stats, News

Jacksonville’s December 2017 Real Estate Market Update

2017 saw the highest number of home sales ever recorded in Northeast Florida – 28,824. Average days on market declined – 71 days – while the median sales price – $205,000- increased for the region.  Jacksonville’s real estate market remains strong entering 2018.  Sellers remain at an advantage in the market as inventory continues to remain low despite rising buyer…

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Buyers, Finding Your First Home

Buyer’s Edition: 10 Questions to Ask When Interviewing Your Realtor

Buying a home is one of the biggest financial decisions of your life.  If you are not familiar with the process, it is intimidating and overwhelming to navigate.  That is where a Realtor®, or specifically a buyer’s agent, comes in.  A buyer’s agent represents your interests, not the seller’s. He or she can help you find your dream home, negotiate a strong…

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Buyers, Finding Your First Home, Real Estate Videos, Sellers, Selling Your Home

What is an Appraisal and Why is it Important?

Today I am going to answer some commonly asked questions about an important part of the real estate process: the appraisal. An appraisal can make or break a real estate transaction.  Oftentimes, it is the one thing you are waiting on to close. What is an Appraisal? An appraisal is a valuation or estimate of worth for the property you…

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Jacksonville Real Estate Market Stats, News

Jacksonville’s November 2017 Market Update

Low inventory continues to be an issue.  The market saw a 20% decrease in number of homes listed compared to the same time last year. Additionally, the median sales price rose to $210,350 – a 15% increase compared to Nov. 2016.  It continues to be a seller’s market. Click to read NEFAR’s November 2017 stats for yourself 2017 NEFAR President Marc Jernigan’s…

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Buyers, Finding Your First Home, Real Estate Videos, Sellers, Selling Your Home

Real Estate FAQ: How do Realtors Assist Clients?

A frequently asked real estate question is: What do Realtors even do? The short answer is Realtors assist people buy and sell real estate. The average American completes a real estate transaction every 5-7 years. Realtors can have as many as 2-3 a month. A Realtor’s knowledge of the market, ability to stay objective, and understanding of the process are…

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Jacksonville Real Estate Market Stats, News

JACKSONVILLE REAL ESTATE MARKET UPDATE – OCTOBER 2017

Despite a sluggish September, thanks to Hurricane Irma, the real estate market was on the upswing again in October. There was a spike in new listings after the dip in September. It is still a seller’s market with only 3.3 months of inventory available and 10.7% of homes sold above list price. Click to read NEFAR’s October 2017 stats for yourself Ponte Vedra/Nocatee: With only 2.6…

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Buyers, Finding Your First Home, Real Estate Videos

Tips for First-Time Homebuyers: How to Start Your Home Search

A frequently asked question from first-time homebuyers is:  How can I start my home search even if I won’t be financially ready until next year? There are two ways to get started: start online research and visit open houses. To begin online research, pick a home search site (Zillow, Realtor.com, etc.) and open an account.  Start going through the map…

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Jacksonville Real Estate Market Stats, News

Jacksonville Real Estate Market Update – September 2017

Hurricane Irma Slows the Jacksonville Market September saw a large dip in new listings and continued low inventory.  Homebuyer demand, however, continues to be strong.  Check out the numbers below and click to see how your specific neighborhood fared this month: – Homeowners added 2,271 new listings to the market, the lowest number for any month this year and 20.9% less than September 2016.…

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Sellers, Selling Your Home

5 Ways to Prepare Your Home For Sale

11 minutes. That is the average time a homebuyer spends touring.  In those 660 seconds, the buyer is judging whether the home makes the cut.  A seller needs to hook the buyer emotionally within those 11 minutes to attract an offer. Unfortunately, the biggest obstacle to creating the ideal environment for the buyer is: the seller.  You, the seller, have…

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Buyers, Sellers, Selling Your Home

Hurricane Damage, Real Estate, and What Your Next Steps Should Be

From severe flooding to lost power, Hurricane Irma left widespread damage throughout Florida. As families continue to deal with the aftermath, it can be confusing on how to move forward.  Whether you are a homeowner, homebuyer, or even a tenant, below is a helpful guide on what the next steps may be for you.  For those looking for ways to help,…

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