realtor: Why You Can Expect More Realtors To Enter The Business In 2016 - 08/14/15 12:05 AM
Every so often, we like to examine the production of Tallahassee Realtors in order to forecast industry employment changes in the coming year.
Unlike many industries where the overall market production is an estimate at best, the house selling industry is far easier to track. We merely need to measure production through two separate reporting agencies (in our case, the Tallahassee MLS and the Leon County Property Appraisers Office), and then make a few comparisons.
As I happen to be married to a Realtor in Tallahassee, I'm am happy to report that the average house selling production is on the rise and has reached 6 house sales … (4 comments)

realtor: 3 Ways Builders Provide Insight To The Value Of The Realtor Multiple Listing Service - 04/09/12 01:04 AM
Smart home sellers can learn an important lesson from home builders about the Realtor Multiple Listing Service.
Where most home sellers are "amatuers," home builders are professional sellers. They are in the business of creating and then selling a home for a profit, and the Realtor Multiple Listing Service is part of their marketing plan.
I can tell you that anybody who has been building for several years, or anybody who has been a real estate broker for several years, will tell you that builders and Realtors compete for the same dollar.
There is a "soft cost" for building and selling … (2 comments)

realtor: William Shakespeare's Top 4 Tips For Selling A Home - 01/03/12 12:43 AM
Who better to turn to than William Shakespeare when assembling the best words to guide us to a successful home sale? Shakespeare has written many phrases that became part of the English language, as he artfully conveys a thought or action most efficiently.
I have "borrowed" four quotes from Mr. Shakespeare that serve to bind the Minimalist Guide to Selling a Home. They are short and sweet, and nobody communicates more clearly than he. These are simple thoughts that are worth sharing and should be highly prized if you plan on selling a home in the next few years.
The Minimalist … (35 comments)

realtor: Why A REALTOR's "Years On The Job" Means So Little To Somebody Who Needs To Sell A Home - 12/29/11 02:12 AM
As somebody who tries to analyze, measure, and track every recorded aspect of the Tallahassee real estate market, I am often curious about the impact of the changes we are seeing in the real estate brokerage industry. With the help of the Tallahassee Board of REALTORS® Multiple Listing Service, today I want to take a look at real estate agent productivity and compare it with the amount of years they have been with the Board (experience).
Tallahassee REALTOR® Experience Anybody who has tried to sell a home lately knows just how tough the housing market is right now. There have been … (20 comments)

realtor: How IDX And Syndication Play A Role In Selling A Home - 11/22/11 01:09 AM
I read an informative article (interesting for those of us who need to market homes for sale on the internet for a living) by The Phoenix Real Estate Guy (a fellow real estate blogger) which explained the newest changes in policies by the MLS committee of the National Association of REALTORS®. While the purpose of his article was to demystify a significant change in how real estate franchisors were going to gain access to the listings in the MLS, it made me realize that our readers might learn some important points about how the Tallahassee MLS is used to sell a … (6 comments)

realtor: Is NAR Wrong On Contract Cancellations? - 11/11/11 02:22 AM
When we study the homes for sale in Tallahassee and its surrounding communities, we find a trend that is often mentioned by Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS®. Dr. Yun has been reported a rising trend in the number of real estate contracts that fail to close, and the Tallahassee Area MLS supports his findings.
Dr. Yun attributes much of the housing woes to new lending standards that make it more difficult to finance a home, and he uses the statistical trend of contract cancellations as evidence of the difficulty to obtain financing. I am not … (2 comments)

realtor: September Existing Home Sales Improve 22% Over Last Year - 10/25/11 02:26 AM
The National Association of REALTORS® released the October edition of the Existing Home Sales Report a few days ago, revealing a rise in year-over-year home sales across the US. September's closing were below August in a typical seasonal change, but the fact that 2011 out-performed 2010 is very good news for a weary real estate market.
Not surprisingly, Tallahassee had the same market activity in this month's report. September's 170 closed existing home sales was down 13% from the 196 posted in August, but up 22% over the 139 closed resales from last year.
Existing Home Sales With Average Prices When … (0 comments)

realtor: Yun Seeks Mortgage Standards To "Return To Normal" - 04/28/11 12:38 AM

Holy cow, I have to agree with Lawrence Yun on quite a few points that he made during the release of the monthly  Existing Home Sales Report last week. Dr. Yun, the chief economist for the National Association of REALTORS® explained that existing home sales in March were down compared to March of last year, and there exists more than 8 months of supply of homes for sale at a national level.
As we know from our own Tallahassee housing reports, 5 to 6 months of supply are considered a balanced market and anything higher than that produces a buyer’s market and … (8 comments)

realtor: Homeowners Should Know The 4 Stages Of Home Selling - 04/27/11 02:10 AM

If you are thinking of selling a home in Tallahassee, what stage of the home selling process do you currently find yourself? You see, I have found that home sellers go through several important stages, and if they are lucky, they meet a highly informed real estate agent who can help them make a proper decision for their important housing needs.
Homeowners find themselves needing or wanting to sell a home for various reasons, and with the right counseling, they can make the best decision on what to do. We often hear it said that “knowledge is power,” but the … (0 comments)

realtor: Do You Have Fly's Eye Vision For Your Housing Market? - 03/01/11 01:30 AM
 
If you want a clearer picture of what is going on in the real estate market, consider viewing the world through the eyes of a fly. A fly?
Absolutely. The fly’s eye (as those of you who watch the discovery channel know) has a design known as the “compound eye” which allows the fly to see through a large number of lenses and at a wide angle. Each one of these optical units has its own lens and thus the fly is seeing a collage of hundreds of images as it views the world.
This is the technique that people … (2 comments)

realtor: How To Find A Buyer's Agent - 11/05/10 02:51 AM
I was recently in communication with somebody looking to buy a home in Tallahassee when I was pleasantly surprised by a request for a buyer’s agent. Having been in the real estate business for 20 years, I can count on one hand the times that I have received the specific request for somebody who specializes working with home buyers.
Most real estate professionals do not really specialize in working with “just buyers” or “just sellers,” though don’t be surprised to hear somebody telling you they do. The ability to take a home buyer through all the hurdles that will fall in … (1 comments)

realtor: Understanding The REALTOR® Relationship When Buying A Home - 06/08/10 02:01 AM

While so much has changed in the real estate market over the past three years, I have found one element that has not changed a bit. The fact is that people who are looking to buy a home in Tallahassee show up at our office with one of two  sets of expectations.
Home buyers either see us as a great REALTOR® who is going to help them through the process of buying a home, or they see us as somebody who is going to take them to go see houses. The former is what the relationship needs to be, while … (0 comments)

realtor: How Productive Is The Average REALTOR? - 05/26/10 02:34 AM
 
With the real estate market still sluggish, it should come as no great surprise to see that the average production levels of Tallahassee REALTORS is dropping. As part of our total scrutiny of the Tallahassee real estate market, we have combined some long-term measurements to see how productive the average REALTOR in Tallahassee is performing.
So, before we get into the “nitty gritty” of the measurements, ponder this question to yourself real quickly:
How many homes does the average Tallahassee REALTOR sell in a year?
Was your first thought “less than two!” If so, you are spot on.
Tallahassee REALTOR … (12 comments)

realtor: Tough Times Require REALTORS® - 02/22/10 09:54 PM
Do you really need A REALTOR®? If you have a home to sell, it sure seems like a good idea to figure out how to save as much money as possible since home values are not where they once were. If you could sell your home without a REALTOR®, wouldn’t you be adding a whole bunch of money to your bottom line (or reducing the amount of money you might need to bring to closing?
In order to find an answer to this oft asked question, I would suggest you start by examining the current state and cycle of your local … (4 comments)

realtor: Active Rain Members Epitomize Social Networking Success - 12/24/09 02:27 AM
Real estate marketing has gone through many changes over the years. A great real estate broker has to know which sources are best so that his limited resources are not wasted.
Today I will share with you a true success story on how the Tallahassee Real Estate Blog helped a Tallahassee homeowner sell their home in 30 days and buy a new one just north of Atlanta. The combination of internet marketing and active social networking resulted in a successful move that many others would envy.
But to know why the use of the internet is so important, you should consider our real … (41 comments)

realtor: RESPA Rocks REALTORS® Routine - 10/16/09 12:56 AM

Congress enacted the Real Estate Settlement Procedures Act (RESPA) back in 1974 in order to address problems in the real estate settlement process. It seems that Congress felt that they could legislate fair business practices and reduce fees and costs to home buyers through enlightenment about the settlement process and the associated costs that go with buying a home.
RESPA’s mission is to provide consumers with information relevant to the mortgage transaction and the various costs that will occur. The hopes in founding RESPA was that many of the various kick-backs and referral fees, once identified and disclosed, would be … (7 comments)

realtor: Real Estate Blog Offers Plenty In Benefits - 08/10/09 11:35 PM
eadership at the Tallahassee Real Estate Blog is growing, but we have found that a good number of our subscribers are reading our daily feed through an RSS reader or our feedburner email feed. This means that the daily content is being delivered to them directly, without them even having to visit our site.
This is a super-convenient way to receive information about Tallahassee housing and real estate market reports, but these readers just might be missing out on some of the new upgrades that we have made to our real estate blog.
Real Estate Blog Sidebar Is Loaded With Special … (4 comments)

realtor: Another Housing Myth Revealed - 07/29/09 10:05 PM
Today is a short post, inspired by a recent reader question, that allows us to pursue a “statistic” that many “real estate professionals” quote, but few truly understand. Today’s topic is about the relationship between the asking price and the selling price (sales price to list price ratio) of homes that have recently sold.
While we will be utilizing information found in the Tallahassee Board Of REALTORS® Multiple Listing Service (Tallahassee MLS), I suspect my findings would be valid with information from any other MLS in the country. As you will see, our findings will much more subjective than objective.
Tallahassee … (0 comments)

realtor: The Difference Between A Real Estate Salesperson And A REALTOR - 07/28/09 12:29 AM
Recently, a reader asked a question about some of the different nomenclatures that we use in the real estate industry. With so many apparent real estate professionals for people to choose from, it can get very confusing. This is the case with one of our readers “Jeremy,” who asked the following question:
I am a relatively new reader of your blog, but if you haven’t covered it in a while, can you talk about the difference between a realtor and a broker?  Thanks, Jeremy
This is a great question because it covers an area that I often times take for granted. … (4 comments)

realtor: Is It Time To Buy A Home - Read This To Avoid The Industry Hype - 06/05/09 04:03 AM
I’ve been reading a lot of articles online about interest rates and home affordability, so I decided I would take a look at home affordability rates in the Tallahassee real estate market. Anybody who has a stake in the real estate market is hyping today as the best time to buy a home in the history of  housing. It’s one thing to keep reading about how rates won’t be this way forever, but how does that translate into affordability for today’s prospective home buyer?
The first think I did was pull historical interest rates back to January of 1992. I have … (2 comments)

 
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Joe Manausa

Tallahassee Real Estate

Tallahassee, FL

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Joe Manausa Real Estate

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