Q: I’ve heard the term “pocket listing” a lot lately. What does that mean exactly? A: This can have a couple of different meanings. Sometimes a Realtor may have a signed listing agreement with a Seller, but the Seller is still working on some repairs to the home, or maybe the agent is waiting for […]
Selling St. Pete: 7 Unrealistic Seller Expectations
As we are in the Top 1% of Pinellas County Realtors, we often meet with Sellers interested in listing their homes with us. Sometimes we have to educate our Sellers about what’s really going on in the market. Here are some common unrealistic expectations we hear. If you are selling your St. Petersburg home and […]
9 Unrealistic Buyer Expectations: A Reality Check
As a St. Petersburg Realtor, daily I hear comments like these from Buyers. It’s okay, I try not to sweat it. Many times its a matter of educating first time homebuyers or out-of-state relocation buyers who may not have a knowledge of the local St. Petersburg real estate market. Listen to your Realtor! 1. Buyer: […]
Ask a Realtor: What’s the Deal with Flood Insurance Increases in Florida?
Q: I’m hearing a ton of talk and seeing a bunch of articles about flood insurance hikes happening in Florida, some are saying it could force homeowners out of their homes if these changes go into effect. What’s the deal? A: If you are like me, yes, all the talk on flood insurance hikes lately […]
Ask a Realtor: How Clean to Leave My Home Before Closing?
A few weeks ago, I was scheduled to have a listing of mine close at 2pm on a Thursday. The buyer’s agent called me from the final walk through inspection, with his buyers frantic. “It’s completely dirty!” he exclaimed. “It looks like a bank owned home. The cabinets and floors have not been swept clean, […]
Ask a Realtor: Who Pays the Brokerage Fees & Closing Costs? Buyer or Seller?
Q: Who pays the brokerage fees/closing costs? Buyer or Seller? A: There are different customs in different states, but here in Florida, the Seller typically pays a commission or brokerage fee to a listing agent to advertise and market their home for sale. The listing agent then often splits or offers some portion of […]