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Tampa Home Seller Tips and Lessons Learned from Hurricane Irma and Harvey

 

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.
 
Andrew Duncan, Tampa's #1 Realtor and expert talks to Mike Yates of Atlantic Bay Mortgage about the lessons learned from the recent hurricanes that hit the US.

One important thing that Andrew pointed out is to disclose everything about the home you are selling. Neighbors tend to talk and it's better that you disclose the issues rather than deal with the consequences like when buyers walk away from a deal or worse a law suit. People expect the home to have issues since it's a used product. If there are any issues, be sure to take care of them right away. But due to the hurricane, a lot of contractors are backed up so be prepared to wait a while before they get to you. There will be some scams that might pop up offering lower rates than usual licensed contractors. Remember, getting the work done isn't nearly as important than getting it done right. Although there may be some delays, make sure to hire a good licensed contractor to take care of your home issues.

Since hurricanes have not been common in Tampa Bay in the recent years, people have been complacent about preventive measures like getting flood insurance, installing shutters, generators and the like. This could also help sell your home quickly especially if you're competing with other neighbors who have their homes on the market. 

Another thing that Andrew pointed out was that if your home is not in a flood zone, flood insurance can be really inexpensive. A lot of homes were damaged by the floods caused by hurricane Harvey. They were not able to claim the full amount from their insurance companies because they did not have flood insurance. Having flood insurance will not only give you peace of mind but will also be helpful if something like this is to happen in your area.


To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.

How Irma Affected the Tampa Real Estate Market




We’re excited to announce that we’re starting a new video series here on our blog. We’re calling it “The Duo Talks” and here we’ll be answering all of your great questions. The first one is, “What impact have you seen on the Tampa real estate market from Irma?”

One of the struggles in our market right now is the residual emotional hangover from the storm that has led to a few weeks of inactivity. From a damage standpoint, we were fortunate enough to not see too big of an impact other than the big piles of brush and lack of power for some for a while.



We expect to see a bit of a rebound in the fourth quarter.



Realistically, we did see a lull in the market for a few weeks. There were a lot of contract cancellations during this time. Frankly, people were so focused on the news that they weren’t paying attention to real estate.

We expect to see a bit of a rebound here in the fourth quarter of 2017 because of the recent slowdown. Overall, it’s just a blip on the radar. A small short-term impact that will be relatively negligible.

If you have any questions for us in the meantime, or you have any real estate needs that we can assist with, give us a call or send us an email. We look forward to hearing from you.

Do You Have What It Takes to Be an Agent?



Something people ask me all the time is whether I think they should consider a career in real estate. Whether I’m out with my family, playing basketball, or at the gas station, people approach me to ask what it’s like to be in real estate.

The decision to begin a career in real estate depends on a few factors. If you’re thinking about sales, for example, it’s going to be very important that you’re someone with an outgoing personality.

In this line of work, you must be comfortable with talking to people, you must be okay with a fluctuating income, and you need to be just a little bit competitive.

Real estate agents don’t typically make a salary. How much money you’ll make depends on the number of homes you help people buy or sell.

Thankfully, real estate professionals provide a service that is always in demand. People need a home; it’s not like our job is similar to a door-to-door salesperson peddling items you may or may not need.

Nevertheless, it takes an outgoing personality to sell homes.


It takes an outgoing personality to sell homes.



If this doesn’t sound like you, don’t worry. There are a few different options for people who are interested in real estate but aren’t necessarily the extroverted type. This includes operations positions, transactions positions, and administrative positions.

But before you can consider what exactly you’ll do in a real estate career, you should get licensed. When you have a real estate license, your number of available options will increase; therefore, you’ll be more likely to find a path that suits you.

Personally, my team and I recommend Bob Hogue School or Burt Cook, but there are many schools out there that can help you get your license either in person or online.

Also, remember to have six months of savings built up. Real estate doesn’t typically offer salary, so it’s a good idea to have a nest egg to fall back on during periods of fluctuating income.

Talking to several different real estate agents and companies can also be a good place to start. Different companies will be better suited to different people, so seeing several different environments and getting several different opinions can all be helpful in making a decision.

Also, though I might be biased, I would encourage you to check out my own team at JoinTheDuo.com. There, you can register for our career nights as well as get information about what we do and why we’re such a great fit for new agents.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.