real estate: Congress Had a Busy Day Yesterday - 07/01/10 03:12 AM
There is plenty of good news this morning for homeowners and those who want to be. Last night Congress passed the extension for the home buyer's tax credit. This moves the deadline for closing from June 30th to September 30th, 2010. According to Florida Realtors® this may allow an additional 14,000 people in Florida to enjoy the benefits of the tax credit that would have otherwise lost out due to not being able to close on time.
So many buyers flooded the market to take advantage of the tax credit that lenders were overwhelmed. Many of these buyers would have probably … (4 comments)

real estate: Tenants Beware - 06/30/10 04:13 AM
Tomorrow is the day the new Florida Law goes into effect allowing Homeowners Associations to go after tenants for past due fees owed by the deadbeat owners they are renting from. Owners often owe delinquent fees to their association on properties that are in foreclosure. These owners however continue to rent the properties and most of them keep the rents although they are not paying their fees or their mortgage.
This law is aimed at helping associations recover fees that they are losing out on. Many associations throughout Florida are in desperate financial trouble due to the large amount of foreclosures … (4 comments)

real estate: Lee County Real Estate Market Overview-Summer 2010 - 06/30/10 03:33 AM
Lee County Real Estate
As of this morning the MLS for Fort Myersshows a little over 5100 single family homes available for sale that are not short sales. Last month we sold over 1400 homes in Lee County. That gives us an available inventory of approximately 3-4 months of sellable homes.
What I mean by sellable is that they can be sold without waiting for months for bank approval of a short sale. Out of the 5100 homes only about half of those are under $250,000 and only about 1100 of those are $100,000 or less.
Last month there were only 847 … (0 comments)

real estate: Listing...Listening Presentations - 06/29/10 06:11 AM
Listing...Listening Presentations
As an agent in the Fort Myers Real Estate Market I meet with tons of sellers. Sometimes I am competing for their listing with other agents. I often wonder why they choose me to sell their home. I know the obvious. I have experience, a great listing presentation, quality charts and graphs. I know the Lee County Real Estate market. But aren't the other Real Estate Agents showing them similar presentations? Don't they have access to the same MLS information? I wanted to think it was just because I was better looking that the sellers chose to go with … (3 comments)

real estate: Cape Coral's Red, White, and Boom Entertainment Schedule Announced - 06/28/10 07:07 AM
The Chamber of Commerce of Cape Coral proudly welcomes Universal Music Recording Artists Trailer Choir as the headlining act at RE/MAX Realty Team's Red, White and Boom. Trailer Choir will take the stage at 8:00 p.m. as the feature act before the Heroes and Leaders American Tribute kicks off the spectacular fireworks show at 9:30 p.m. Discovered in 2007 by superstar Toby Keith, Trailer Choir has been performing on his national tours for the past three years. He featured the group in his 2008 film Beer for My Horses, so Trailer Choir's "Off the Hillbilly Hook" video featured Toby and the … (0 comments)

real estate: Why Are We Advertising the National Flood Insurance Program? - 06/28/10 03:57 AM
As an extremely busy Realtor® here in Fort Myers Florida, I rarely get the chance to sit down and watch TV. I try to keep up on sports and the news. So as little as I get to watch TV I have been surprised that over the last two weeks I have seen so many commercials touting the benefits of the National Flood Insurance Program and the need for homeowners to purchase it. The problem with that is that they can't purchase flood insurance. Congress has yet to reauthorize the program leaving many people uninsured and unable to purchase homes when … (0 comments)

real estate: You Are Invited - 06/16/10 08:10 AM
  
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real estate: What Sells Homes? - 06/15/10 01:52 AM
What sells homes? Better yet...What sells anything? I was told since I was very young that something was only worth what someone was willing to pay for it. So when selling a home, the value of that home is only what someone is willing to pay for it.
Price sells homes. If you are in a gated community like many communities here in SW Florida then most of the homes are the same. There are very few differences between them. Sure you may have upgraded carpet or the nicer appliance package but for the most part they are the same.
The … (12 comments)

real estate: Consistency is Key - 06/11/10 06:32 AM
I work with Realtors all the time who seem to be going in so many different directions that they really aren't going anywhere. They try one type of marketing for a short period of time and then if they don't see immediate results they start trying something new. They seem to always be searching for the next gimmick that is going to fill their in box with fresh new leads. If their latest letter to expired listings doesn't land them a few new listings they switch tactics completely and start marketing on Craigslist.
While both of those methods are fine you … (7 comments)

real estate: The Numbers Don't Lie - 06/07/10 05:28 AM
My focus in the SW Florida Real Estate market is to go after listings. Competing with all these short sales and foreclosures has made it difficult for conventional sellers to get what they want out of their properties. The market determines value. My father used to always tell me something is only worth what someone is willing to pay for it. So arming my sellers with accurate information on market conditions is the only way I can show them what the market is doing.
Even though most of the foreclosures in this market are distressed properties and it shows in their … (0 comments)

real estate: Congratulations JJ Jones - 06/04/10 03:14 AM
JJ Jones is pleased to announce the creation of Jones & Co. Realty. Imagine finally working with a brokerage that has created a community of successful professionals, a synergistic environment of collaboration and support where all can prosper.
JJ Jones, past President of the Greater Ft. Myers & the Beach Association of Realtors, Real Estate Coach and Trainer brings you the best of both worlds. 100% Commission plan coupled with:
-A Fun, Professional Environment
-Full Broker Training and Support
-State of the Art Technology
-Lead Creation Program
This is what the Real Estate Market has been waiting for!
A company who … (0 comments)

real estate: Change is Good - 06/03/10 03:43 AM
I recently moved my license to Jones & Co. Realty here in Fort Myers Florida from a company I have been with in one fashion or another since 2004. It was a very difficult decision because I consider my old owners as close personal friends. I have been loyal for years. Even through the ups and downs of this crazy real estate market.
But I felt like I needed a change in my career. Things have been good here in Ft. Myers this past year due to low prices and government incentives. Foreclosures in Lee County are at their lowest levels … (9 comments)

 
Erik Elsea (Erik Elsea-Jones & Co. Realty)

Erik Elsea

Fort Myers, FL

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Erik Elsea-Jones & Co. Realty

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