Duncan Duo Tampa Real Estate Video Blog

<center> <i><iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="295" src="https://www.youtube.com/embed/NqS-nAXtyrU" width="515"></iframe> </i></center> <center> <center><i>Here’s why you need to hire an agent, even in a hot market like this one.</i></center> <div> <br /> <b>Looking to buy a home? <a href="https://www.theduncanduo.com/" target="_blank">Search All Homes</a></b><br /> <b>Looking to sell your home? <a href="https://www.theduncanduo.com/guaranteed-sale/" target="_blank">Get a Free Home Value Report</a></b></div> <center> <i><br /></i></center> <center style="text-align: left;"> <span id="docs-internal-guid-0355de6b-7fff-ad9f-76ef-1a3f579b51c2"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">You need to hire a great real estate agent, especially in a market like the one we’re in right now. <b>People make the mistake of thinking that since the real estate market’s hot, they don’t need to hire an agent.</b> Then they miss out on advertising opportunities, syndication to all the essential websites, they don’t have photos taken at the right angles, the property description isn’t written correctly, and more. I’ve sold thousands of homes and have put a team together that’s sold thousands of homes, so I’ve figured out tips and tricks over time that put more money in your pocket.&nbsp;</div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><br /></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">The National Association of Realtors comes out with a study every year that compares and contrasts what the average home sells for without a Realtor and with one. Historically, <b>selling your home with the average agent can increase your net price between 7% and 11%.</b> That’s just an average Realtor; I believe if you sell with one of the best in the market, they can outperform that. You may think you’re losing money by paying commission, but in reality, you’re often getting a lower price.&nbsp;</div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><br /></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">You don’t know how to negotiate inspection repairs, create a frenzy of interest for your house before it even hits the market, or have professional tools at your disposal. You don’t know the tactics agents use when they’ve negotiated hundreds of deals.</div></div></div></div></div></div></div></div></div></div></div></div></div> <b><br /></b> <b><br /></b> <div> <div style="border: 1px solid rgb(201, 201, 201); display: block; margin: 0px auto; padding: 20px 10px; width: 80%;"> <span face="&quot;arial&quot; , sans-serif" style="color: #c70100; display: block; float: left; font-size: 100px; line-height: 50px; position: absolute;">“</span> <br /> <div style="color: black; font-size: 20px; font-weight: bold; margin: 0px auto; padding: 0px 10px; text-align: center;"> &nbsp; &nbsp; &nbsp; Agents offer you a safer alternative to avoid the pitfalls that can cause you to get pulled into a lawsuit.</div> <span face="&quot;arial&quot; , sans-serif" style="color: #c70100; display: block; float: right; font-size: 100px; line-height: 50px;">”</span> </div> <br /> <br /><div><div>You often hear Realtors say something like, “I’ve been an agent for 20 years” to reference how much experience they have. However, that’s irrelevant because <b>how long someone does something is not proportional to their skill level.</b> They could have been doing their job poorly for the last 20 years.&nbsp;</div><div><br /></div><div>Instead, you want to hire someone who does plenty of deals. We learn quite a bit when doing deals, such as how to structure things, what copy works in contracts, what photo angles work best, what to mention about the neighborhood in the home’s description to help accentuate it, and how to have the patience to let offers come in and get the best price and terms for our clients. Realtors also know how to navigate through the legal obstacles that can pop up when selling. We live in a very litigious society, and agents offer you a safer alternative to avoid the pitfalls that can cause you to get pulled into a lawsuit due to your lack of experience.&nbsp;</div><div><br /></div><div>So if you’re considering selling your home without a Realtor, yes, you can do it. However, you won’t save money; you’ll leave money on the table because you don’t have all the things an agent can bring to the transaction, and you may even get into legal trouble.</div><div><br /></div><div>If you’re still thinking about selling on your own, good luck. If you’d rather hire the best agent in the marketplace, check us out on our website or give us a call. We’d love to apply for the opportunity to get your home sold.</div></div></div> </div> <div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"> <div> </div> </div> </span></center> </center>

<center> <i><iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="295" src="https://www.youtube.com/embed/tkBt3b9uMZ4" width="515"></iframe> </i></center> <center> <center><i>Here’s what the latest numbers say about our real estate market.</i></center> <div> <br /> <b>Looking to buy a home? <a href="https://www.theduncanduo.com/" target="_blank">Search All Homes</a></b><br /> <b>Looking to sell your home? <a href="https://www.theduncanduo.com/guaranteed-sale/" target="_blank">Get a Free Home Value Report</a></b></div> <center> <i><br /></i></center> <center style="text-align: left;"> <span id="docs-internal-guid-0355de6b-7fff-ad9f-76ef-1a3f579b51c2"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">The June numbers are in for our real estate market, so today we’ll be going over the changes we’re seeing and what they mean for you.</div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><br /></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><b>There have been rumors going around that the market is softening, but here’s what the statistics say.</b> We had 0.7 months’ worth of inventory, meaning it’d only take three weeks for all the current homes to sell if no other ones came on the market. During this time last year, we had around 6,700 active listings; now, that number has dropped to a mere 2,641.</div></div></div></div></div></div></div></div></div></div></div></div> <b><br /></b> <b><br /></b> <div> <div style="border: 1px solid rgb(201, 201, 201); display: block; margin: 0px auto; padding: 20px 10px; width: 80%;"> <span face="&quot;arial&quot; , sans-serif" style="color: #c70100; display: block; float: left; font-size: 100px; line-height: 50px; position: absolute;">“</span> <br /> <div style="color: black; font-size: 20px; font-weight: bold; margin: 0px auto; padding: 0px 10px; text-align: center;"> &nbsp; &nbsp; &nbsp; If these statistics are any indicator, our market is definitely not softening.</div> <span face="&quot;arial&quot; , sans-serif" style="color: #c70100; display: block; float: right; font-size: 100px; line-height: 50px;">”</span> </div> <br /> <br /><div><div>On average, homes are spending 23 days on the market before going under contract—many are going much quicker, however. The average sales price is around $375,863; last year, it was around $322,000. That’s a 17% increase in just one year. Additionally, 3,979 homes sold in June, which is the most monthly sales we’ve seen since July 2020. The sale-to-list-price ratio is currently 101% meaning everything is selling for above asking price. That’s never happened in Tampa before.</div><div><br /></div><div>If these statistics are any indicator, our market is definitely not softening—in fact, it’s looking like it’ll stay incredibly strong throughout the rest of 2021. <b>If you’re a buyer, go into the market expecting to pay above asking price.</b> If you’re a seller, find an agent who can get your home sold for above and beyond your list price.&nbsp;</div><div><br /></div><div>If you have any questions about our market or would like more information, feel free to reach out to me anytime. I look forward to hearing from you soon.</div></div></div> </div> <div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"> <div> </div> </div> </span></center> </center>

Is our market headed for a crash? Looking to buy a home? Search All Homes Looking to sell your home? Get a Free Home Value Report Many people have been speculating that because of our market’s 21% growth in home prices in the last year, we’re repeating a similar cycle that we went through over a decade ago during the last housing crash. People who have bought into conspiracy theories fear that prices are going to plummet, there will be a wave of foreclosures, and the economy will crash. Today, however, we’re here to talk to you about the facts. We can tell you unequivocally that our market isn’t about to crash anytime soon. Nothing that is happening in our current market mirrors what was going on back then. One factor that contributed to the crash of 2007 to 2008 was that almost anyone who applied could get a loan, and not just one loan, but multiple loans that many people weren’t able to pay off. Since then, the mortgage industry has tightened up; there are more hoops to jump through if you want to get a loan today. Now they know to make sure that applicants are able to qualify for a loan before they’ll issue one. “       The circumstances surrounding today’s market are vastly different than we experienced back then. ” Simple processes that we take for granted today, like appraisals, weren’t required back during the crash. Today, appraisals are taken more seriously. Even though the market has appreciated, we in the industry are still dealing with many appraisal challenges. The biggest deciding factor that caused the crash was an overabundance of homes in the market. We had too many homes and not enough buyers. Today, as I’m sure you’re aware by now, we have the opposite problem—there aren’t enough homes on the market to meet the buyer demand. Right now, we have one month’s supply of homes, and each house that we list in the regular price ranges is receiving upwards of 10 offers. Not only that, but these buyers are owner-occupiers, not investors, meaning that they’re buying homes to live in. During the crash, many investors were buying up properties for speculative purposes. The only thing that seems like it would be capable of slowing our market down would be an increase in interest rates. That would slow demand, but it wouldn’t cause home prices to plummet. All in all, don’t believe the conspiracy theories about the market heading for a crash. The circumstances surrounding today’s market are vastly different than we experienced back then.  If you have any questions about the market or real estate in general, don’t hesitate to reach out to us. We’d love to speak with you.

Here are the benefits of choosing an experienced agent. Looking to buy a home? Search All Homes Looking to sell your home? Get a Free Home Value Report Great real estate agents understand how to negotiate and market homes, and they also know how to take advantage of a heated market like ours. Even though it’s now commonplace today, we’ve been generating bidding wars and selling homes for above asking price for over a decade. Our agents come from a place of abundance; they’re doing a ton of transactions and are well-compensated for it; they’ll never try moving things along just so that they can get a check.  Being a buyer’s agent in this market is especially tough. It takes a lot of experience and effort to be able to secure a home for a buyer at all, given how low inventory has been. A good buyer’s agent needs to know how to navigate multiple-offer situations, and unfortunately, many newer agents don’t know how to do it. Be sure to compare and contrast your options for agents when seeking professional assistance. Don’t just work with your friend or family member because they’re there or you feel obligated—no matter how close to them you are, if they don’t have the right skill set, they may end up costing you by leaving money on the table or failing to negotiate the best deal. “       Now is not the time to hire an inexperienced agent. ” No matter if you’re buying or selling, if you’re planning to act in this market, you’ll need an experienced professional who has the power of a team behind them. Transactions today are more complicated than they used to be, so it’s invaluable to be able to take advantage of multiple specialists to help yours move along swiftly and smoothly. Because we have such a large team, we’re able to collaborate in order to find properties that aren’t even on the market yet, as well as create strategies to secure properties for buyers and the best prices for sellers. We also have access to professional marketing resources like photography and videography, which can boost the appeal of a seller’s listing. Brand-new agents likely can’t afford the latest technology and tools to get you the best results. If you’ve been thinking about buying or selling a home, reach out to the Duncan Duo Team at RE/MAX. We’d be happy to speak in more detail about how our combined experience can help you find success no matter what you’re looking to do.

Now is the perfect time for you to sell your Tampa home. Here’s why. Looking to buy a home? Search All Homes Looking to sell your home? Get a Free Home Value Report We’re still in one of the hottest real estate markets we’ve ever seen, and it’s created a lot of unique situations for buyers and sellers alike. In particular, there are many opportunities for sellers to make a fantastic profit. Few people expected that the pandemic would cause such an influx of homebuyers in Florida. People who would normally leave the state have chosen to stay instead, so supply and demand are heavily favoring the sellers. Additionally, record-low interest rates have continued. We have less than a month of inventory in many of our markets, so a lot of bidding wars are taking place and netting sellers top dollar on their sales. Really, there’s never been a better time for sellers to jump into real estate. Additionally, sellers haven’t needed to do the upgrades and renovations they normally would in the past. You can still get offers above asking price when you sell your home as is, which nets you an even bigger profit. Home prices have also appreciated 21% year over year. “       If you’re on the fence or waiting to sell, we recommend that you jump into the market sooner rather than later. ” However, new laws may take effect next year that affect capital gains taxes. For example, people can currently avoid paying a capital gains tax if they live in their property for two of the last five years. There are talks of ending this within the next year, which is another reason why now is a good time to sell. If you’re on the fence or waiting to sell, we recommend that you jump into the market sooner rather than later. A lot of things are likely to change in the near future, and these changes can cause you to miss out on great profits in your home sale. If you have any questions, would like more information, or are ready to sell your home, feel free to reach out to us. We look forward to hearing from you soon.