Top 3 mistakes sellers make (and how to avoid them)

March 3, 2020

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There is so much advice floating around about avoiding mistakes as a buyer that it’s easy to overlook the pitfalls and potential blunders of selling. There are a few that stand out to me as some of the most common mistakes that sellers fall into. Here they are, as well as ways you can avoid them.

 

Avoiding repairs and instead offering credit to buyers.

If your home needs repairs, upgrades or just some TLC before anyone will take notice, it can be easy to say, “Gosh, I’d rather just take less money, and they can worry about it after the house is theirs.” This can be a big mistake! The simple fact is that while you may not have the time to deal with it, neither do your buyers. “Time is money” may sound cliché but it certainly applies to everyone.

 

The effect is that potential buyers will likely bring extremely low offers. Instead, I often recommend to sellers to invest in the repairs and get the work done before you list your home to sell. Not only will your home sell more quickly, you are much more likely to benefit financially from the sale. There is nothing buyers love more than a turn-key home!

 

Ignoring initial offers.

It can be tempting to overlook the first offers that come in, but not taking these seriously can be another colossal misstep. While the first offer might not blow your socks off, potential first offers are often very motivated. Perhaps they are in a rush. Maybe they fell in love with your kitchen. It could be your home is near their aging parent’s home. You never know!

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Moving to Florida? What you need to know about CDD fees

February 19, 2020

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Many people to who move to the Sunshine State are taken aback when they are introduced to CDD (Community Development District) Fees. What are they and how are they different than HOA fees?

 

First, it’s helpful to know why CDDs exist. These fees were created and are used primarily in Florida to shift the burden of planning, building and maintaining roads, utility lines, water/sewer systems, conservation areas, and other conveniences in new communities away from local governments.

 

The many costs of installing infrastructure are financed by the community’s developer through tax-free municipal bonds that are issued when the community is built. These bonds also pay for amenities like clubhouses, swimming pools, tennis courts, golf courses, yoga lawns, dog parks, you name it!

 

Then the cost of the bond is passed onto homeowners who purchase a home in one of these communities. They pay the costs over a span of time—generally 15 to 30 years—through property taxes each year. If you have a mortgage, it’s amortized into your payment.

 

I know what you might be thinking: “But wait, that sounds a little like an HOA!” Believe it or not, there are differences between CDD fees and HOA fees.

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Davies awards banquet celebrates the best of Davidson Realty in 2019

February 10, 2020

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On Saturday, January 25, we celebrated our annual awards banquet, known as the Davies, to honor outstanding agents and staff from 2019.

 

The Wild West themed event, which was held at the Davidson Realty headquarters in World Golf Village, was filled with fantastic eats, dancing and an awards ceremony to celebrate another great year.

 

Top accolades went to Mirtha Barzaga, who was presented with the President’s Award and recognized as Closing Agent of the Year and Sales Agent of the Year. Suzy Evans took home Listing Agent of the Year.

 

 

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Congratulations to the top producing agents at Davidson Realty for January 2020.

February 6, 2020

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Mirtha Barzaga is the Top Producer with 5 closings in January. She is also our Top Sales Agent with 6 sales totaling $2.5 Million in sales for the month. Mirtha is following up a great year in 2019 where she was Top Producer and Top Sales for the year. She also received The President’s Award for 2019.

 

 

 

The Top Lister for January is Suzy Evans. Suzy had over $1.2 Million of her listings go under contract during January. Her total sales for the month were $1.8 Million. Suzy also had a wonderful 2019 and she was our Top Listing Agent of the year.

 

 

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Considerations when buying a home with a pool

January 22, 2020

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Thanks to the great climate here in Northeast Florida, the chances of seeing homes for sale with a pool are very good.

 

In addition to boosting the resale value of a home, owning a pool can offer lots of additional advantages. But owning a pool is not to be taken lightly. If you have ever owned a home with a pool, you already know the upsides and downsides. If not, consider these points before diving into swimming pool ownership.

 

Owning a pool is proven to benefit your health. Having a pool can offer big advantages for your physical and mental health. Swimming has proven itself to be perhaps the best form of exercise. It is low-impact with big cardiovascular benefits. And you don’t need to be a lap swimmer to reap the benefits of your pool! Light water aerobics or just wading around your pool can help you build mobility and endurance without the harsh impact on your joints. This is especially helpful in the hot summer months when you can stay cool in the water. In addition to offering a private place for exercise, your pool is a place for de-stressing and emotional relaxation.

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