Tag: real estate agent

Avoiding Wire Fraud

Post author By Bridgett Byzewski
Post date September 10, 2024

Homebuyers are increasingly falling victim to real estate wire fraud, often due to lax cybersecurity and the complexities of the home-buying process. In 2023, real estate wire fraud totaled an estimated $3 billion.

Fraudsters typically exploit weak cybersecurity links in transactions, often targeting real estate agents, loan officers, title companies, or closing attorneys. Once they gain access, they learn who is about to purchase a home and send the buyer fraudulent communications, posing as settlement attorneys or title companies, with fake wire transfer instructions.

Tags home buying, real estate, real estate agent, realtor

Home Maintenance Home Selling Real Estate

Investing in Home Improvements

Post author By Bridgett Byzewski
Post date September 5, 2024

While improving our homes can be very rewarding, it doesn’t always pay off monetarily. The infographic from Florida Realtors below shows some examples that can be a challenge to recover financially.

Tags home selling, real estate, real estate agent, realtor

Home Buying Home Selling Real Estate

Sarasota County Market Update – Single Family Homes

Post author By Bridgett Byzewski
Post date August 29, 2024

Inventory gains continue to outpace closed sales in Sarasota County. It isn’t yet at a point where buyers will gain the upper hand, but it sure is close. At this point, each transaction will have its own leverage points for buyers and sellers, which is actually a great market to be in. Cash sales as percentage of transactions saw a major drop in July. That will be an interesting statistic to watch in the coming months as a lower number there allows more people to compete for homes in Sarasota County. The infographic below from Florida Realtors contains more information.

Tags home buying, home selling, real estate, real estate agent, realtor, Sarasota, Sarasota County

Home Buying Home Selling Real Estate

Manatee Market Update – Single Family Homes

Post author By Bridgett Byzewski
Post date August 26, 2024

While inventory is up materially year-on-year, closed sales also saw a jump in July in Manatee County. Overall, the market still slightly favors sellers, but it is still a good time to be on both sides of a transaction as relative leverage exists. You may have been reading some doom and gloom articles about Florida listings, but the negative news appears to be largely confined to the high-rise condo market outside of Manatee County at this time (largely due to potential or actual large one-time assessments). See the infographic below from Florida Realtors for more.