Floridians recognize the month of June as not only the beginning of summer, but also as the start of hurricane season. NOAA, the National Oceanic and Atmospheric Administration, predicts that the 2019 Atlantic hurricane season will be considered near normal. Here is what we can expect:
- Between 9 and 15 named storms
- Approximately 4 to 8 hurricanes
- Between 2 and 4 will become major hurricanes
Hurricane season starts June 1st and ends November 30th. A typical season will produce approximately 12 named storms, of which, six will become hurricanes. Out of those six, three will turn out to be major hurricanes. NOAA’s 2019 prediction falls in line with a typical hurricane season. What is the difference between an average hurricane and a major one? An average hurricane will have winds of 74 mph or higher. Major hurricanes have winds of 111 mph or higher.
In addition to stocking up on batteries, flashlights, and non perishables, it’s just as important for Floridians to be aware of their local resources. Visit the National Hurricane Center to learn how to protect your family this season with a basic disaster supplies kit and a family emergency plan. You will also find information about the American Red Cross and other emergency management agencies on this site. Learn about flood maps and your property’s risk of flood on FEMA.gov. Lastly, the National Weather Service will keep you informed about your local weather, including any hurricane and tropical storm watches and advisories.
Wishing our fellow Floridians a wonderful summer and a safe and uneventful hurricane season!
Come join us for an Open House this Sunday, 5/19 from 1pm to 3pm, where we will be serving refreshments and featuring this newly listed, charming 3/1 early 20th century bungalow. Priced right at $74,900, this quaint home features an open front porch, large backyard, fireplace in the living room, inside utility, large kitchen, and much more! Perfectly located just a few blocks from Lake Maggiore and Bartlett Park, this home is also only minutes from downtown St. Pete and the south Pinellas beaches. See you Sunday! At $74,900, this lovely home is priced to sell and won’t last long! For more information on this property before attending the Open House, visit: https://imprv.co/fheoc.
You invested a lot of blood, sweat and tears (and money!) into your home. You raised your kids here. You celebrated many birthdays and Thanksgivings here. When it comes time to sell your home, you may find it difficult not to become insulted by a low-ball offer that gets presented. Here is some advice for how to handle offers that fall significantly below your asking price.
- Is it really a low-ball offer, or is it just less than what you wanted? Depending on your local real estate market and the inventory of homes for sale, many real estate professionals consider a low-ball offer to be between 20% to 25% below list. Even then, the price range your home is in makes a difference as well. While an offer of $75,000 on a $100,000 home would likely be rejected, a $1.5 million offer on a $2 million home would more than likely be considered for negotiation.
- Should you reject a low-ball bid right out of the gate? While it may be tough trying to set aside hurt feelings, remember, someone is showing interest in purchasing your home, and that’s a good thing. In this mindset, you should counter every offer – unless it’s just totally ridiculous. What’s constitutes a “ridiculous” offer? Anything significantly less than 25% below your list price should be a red flag. If you find yourself in this position, rely on your realtor’s expertise to help determine an appropriate response. Usually, a good rule of thumb is to counter a low offer to send the message that you are willing to negotiate and work with the right buyer. After all, it’s not where buyers begin, but there they end up. However, if you allow your emotions to affect your judgement, you may never get to that final number.
- Is your home priced right? If you receive one or more low-ball offers, you may have to consider that your home is priced too high for the market it’s currently in. Before you set a list price, your agent will provide you with comps, which are comparable listings of properties for sale that are similar to yours in the area. Your agent will also give his or her expert recommendation on where your home should be priced at. It’s wise to choose a price that reflects the comps so that you can be competitive and get reasonable offers. If you start out too high and have to reduce your price later, you are just delaying the sale of your home and spending more days on market. You don’t want your home to spend too may days on market and risk it becoming a “stale listing”. In today’s Tampa Bay area real estate market, a home for sale that is on the market for over 65 days is going to lose buyer interest and will most likely be considered overpriced.
- What factors are important to you in selling your home aside from the price? Do you need to sell quickly because you are purchasing another home? Are you looking for an all-cash deal? There are certain incentives that can sweeten a deal that may make looking at a lower offer worth your time. They may include:
- A preferred closing date
- A solid mortgage pre-approval letter fro the buyer (not just a pre-qualification)
- A larger down payment
- Fewer inspection contingencies
- Don’t worry about looking desperate. Perception doesn’t matter when you entertain a low-ball offer. What matters most is the end result. Don’t get caught up in feeling offended when faced with an “insulting” offer to the point where you cut off communication with the buyers or their agent. This reaction won’t help you sell your house, and it’s worth it to get feedback from every offer, regardless of how things turn out.
Lastly, choose an experienced real estate professional who knows the market. NextHome SunRaye real estate professionals live and work in the Tampa Bay area and stay current on local market trends. Our 30+ years of real estate industry knowledge and experience drives our success, as it has helped us build valuable relationships with clients, as well as a sizable amount of referral business. If you are looking to sell your home in Tampa Bay, give our office a call at (727) 343-8600 to discuss your home’s value and how we can help you sell in this market. When you enlist NextHome SunRaye to sell your home, we ensure a swift and smooth transaction as well as a stress free experience.
Image via Flickr by Roger W
This spacious, 2 bedroom/1 bath home located at 709 E. Adalee Street in Tampa sold last week for $145,600! Sitting on a large corner site, this home’s sturdy brick construction provides an excellent renovation opportunity for the savvy homeowner. This home boasts a perfect floor plan which includes a large bonus room, roomy bedrooms that can easily accommodate king size beds, a formal living room and dining room, as well as a covered porch that is perfect for enjoying sunsets. Conveniently located to I-275 and downtown, as well as within walking distance to convenience stores, churches, and restaurants! With all of these features AND priced just right, it is no wonder why this home sold in under 60 days on market!
Call NextHome SunRaye today to discuss selling your Tampa Bay area home. While selling a home can be an arduous task for any homeowner, partnering with NextHome SunRaye ensures it will be a smooth and stress free process for all parties involved. We can promise this because our team brings over 30 years of experience and real estate market knowledge to the table. The team at NextHome SunRaye Realty is always on-call for our clients, we work weekends and always answer the phone. Our agents are extensively trained and stay current on market trends. We are proficient in determining your home’s current value and helping you price it accurately. We are well versed in negotiating in order to maximize your profit and we know how to market your home so that it stands out against the competition. NextHome SunRaye uses innovative tools and selling strategies to drive traffic and create multiple offers. Call us to learn more about how we can provide you with the best opportunity for marketing your home for sale today, at: 727-343-8600.
This sturdy, 3 bedroom/2 bath block home sold last week after just 34 days on market for $250,000! A rare opportunity in west St. Petersburg, this home features an in-ground pool and a detached 2-car garage with a full 1 bedroom/1bath apartment above it, perfect for use as in-law quarters or for visiting guests. With a spacious interior and convenient location that puts this home close to shopping, downtown St. Petersburg, as well as south Pinellas beaches, it was destined to sell fast!
Are you looking to sell your home in the Tampa Bay area? Give NextHome SunRaye Realty a call today to discuss marketing your home for sale. The housing market is always changing, but you can depend on NextHome SunRaye to always be on top of neighborhood trends. NextHome SunRaye uses innovative marketing tools and strategies as well as over 30 years of expertise to price and market your home accurately. When you enlist NextHome SunRaye’s expert knowledge of the real estate market in Tampa Bay, your home will sell quickly and you can trust that you will get the best return on your investment. Speak to a NextHome real estate professional today to discuss selling your home by calling: 727-343-8600.
Check out some of our other recently sold homes here.
TripAdvisor®, the world’s largest travel site, today announced the winners of its Travelers’ Choice® awards for Beaches. For the second year in a row, Florida’s Clearwater Beach is named the number one beach in America. Of the 25 best beaches in the U.S., 40 percent are in Florida . Award winners were determined based on the quantity and quality of traveler reviews and ratings for beaches on TripAdvisor, gathered over a 12-month period.
Tripadvisior named Clearwater Beach the number one beach in the world. A recent review stated “Clearwater Beach is a very family oriented beach. There is ample parking along the beach and a metered parking lot. The beach itself has very fine white sand, which is very clean, with bathrooms and various places to wash the sand off your feet as you leave the beach.”
Ranked number Four is St Pete Beach. A mere 10 miles or so south of Clearwater Beach. They write “Amazing time – beautiful beach – what’s not to love? The sand is soft, silky and warm for strolls along the beach and shell collecting. Love the warm water and the low tide levels for kids. An awesome weekend in a beautiful location with stunning sunsets, lovely food, the thing dreams are made of on vacation!” Reviews liked the Laid-back vibe, powder white sand, chair/umbrella rentals available
And a few miles further south is Siesta Key. Siesta Key ranked number 6 is an island off of Sarasota. Tripadvisior says “If you want to hit a great beach with PLENTY of room, you found it! There are chairs and umbrellas available to rent, a place to get food and drinks (even adult ones), bathrooms, showers, volleyball, parasailing, and plenty of activities. We were able to throw the football with the kids without worrying about hitting anyone or running into anyone. Beautiful view!” The Public swimming beach known for its clean, hard-packed sand.
If you want to enjoy this beauty like a resident instead of a vacationer, contact NextHome SunRaye Realty at www.nexthomesunraye.com, 727-343-8600 or email@example.com.