The Things You Might NOT Know About the Real Estate Market in Northeast Florida

June 3, 2021

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The real estate market is notorious for its ups and downs, however, this real estate market is unique. Inventory is low, demand is high, and homes are FLYING off the market faster than ever! With so much uncertainty in this unprecedented market, it’s more important than ever to have a trusted real estate expert by your side to navigate the market.  Northeast Florida real estate expert Sherry Davidson, President of Davidson Realty, is answering some of the most common real estate questions from the community. 

 

How can I figure out how much my home is worth? 

Your home’s value is whatever the market is willing to pay. The market is changing very rapidly. It is in your best interest as a home seller to have a trusted real estate expert that knows the current market by your side to help you place a value on your home. Our team is selling homes daily and has the knowledge to ensure your home sells for TOP DOLLAR! 

 

Should I sell my home before buying a new one? 

The answer to this question has always been, YES! However, in the current real estate market conditions, the answer depends on your situation. If you sell, you need to have a rental home lined up or have the ability to live with family until you find your next home. If you put a new home under contract, you will probably not get a contingency to sell your existing home. You will risk losing your escrow deposit if you can’t close or you will have to acquire a bridge loan, extra savings, or a gift to close on the new home before you have the closing on your existing home.

 

Is World Golf Village expanding? 

With a few small exceptions, the only portion of World Golf Village not built out is Trailmark. There are new phases of homesites still becoming available in Trailmark.

 

What is the next go-to area to move to in Northeast Florida? 

There are so many incredible communities in Northeast Florida. However, Silverleaf is extremely popular right now. Silverleaf is located in highly desired St. Johns County, Florida, and just minutes from various shopping centers, beaches, golf courses, and entertainment.   The community will also be home to a first-class amenities center for residents to enjoy! 

 

If you are interested in buying or selling a home or have further questions about the market, contact Davidson Realty at (904) 940-5000.

4 Ways to Sweeten the Deal When Buying a Home

May 5, 2021

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The real estate market is unlike anything we’ve seen before. Inventory is low, demand is high, and homes are flying off the market! “With the current market conditions, listings are receiving multiple offers and buyers need to be ready to act fast with their best offer when they see a listing they love,” shares Davidson Realty President, Sherry Davidson. In such an intensely competitive market, trust the real estate experts at Davidson Realty to help you put your best foot forward with these strategies. 

 

Get Pre-Approved for a Mortgage

The first thing you should do when you decide to purchase a home is obtain a pre-approval letter. A pre-approval letter not only states what a lender is willing to lend to you but shows the seller you are serious and prepared to purchase a home. A pre-approval letter shows legitimacy and a sign of good faith that they can afford to buy the home. Sellers are more likely to select an offer that is pre-approved than one that is not. 

 

Eliminate Contingencies

A clean offer is extremely attractive to sellers. “Any contingencies you have in your offer could be a negative to the seller. Sellers want a low risk and speedy closing,” shares Sherry. Appraisals are often a major cause of home sales falling through. Eliminating this step allows for a smooth sale process with minimal chance of things going wrong. As the buyer, you are effectively taking the risk off the home seller and putting it on to yourself. 

 

Make an All-Cash Offer

All-Cash offers provide the unique opportunity of keeping the sale primarily between the buyer and the seller. Cash offers tend to be stronger than offers utilizing traditional financing because they are less risky for the seller. With a cash sale, no appraisal is necessary since there is no mortgage lender involved. The absence of a mortgage lender also allows for a quicker closing. A fast timeline is advantageous for sellers because the sooner they close, the sooner they get paid.  

 

Be Flexible

Including a flexible timeline in your offer can go a long way with sellers. Depending on the sellers’ situation they may need more or less time in the home than the traditional 30-day closing period. If you are not in a hurry to move, being as adaptable as possible will be to your advantage as the sellers will then be able to decide what works best for them. This can go a long way, especially if competing offers come with strict deadlines. 

 

If you are ready to begin the search for your next home, call Davidson Realty today to help you get started. 

First-Time Homebuyer? Call Davidson Realty. 

March 12, 2021

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Life is full of firsts. First car. First job. First child. First home. They are all memorable milestones that come with time and planning at various stages in life. Each first is unique and special in its own way. If buying your first home is a goal for you this year, Davidson Realty will be there. 

 

Like any first, you rely on the support and experience of friends, family, and industry experts. The same is true when buying a new home, especially with the current state of the real estate market, it is essential that a trusted real estate expert is by your side to help you navigate the process of buying a home. Davidson Realty has a team of real estate experts ready to educate and prepare you for what is to come. Davidson Realty Agents have the support and network that will give you a leg up when searching for your first home and sealing the deal. “With Davidson Realty, you have an ally in your corner and a real estate advisor for life to help and offer suggestions, repair vendors, community resources, and anything you need along your homeowners journey,” shares Davidson Realty President, Sherry Davidson. 

 

Preparation is key in the real estate market. “Buyers have to be ready to make an offer quickly in this market. Establishing a budget, type of loan you will use, how much of a down payment you are prepared for, and how much escrow deposit you have available is critical when you begin looking for a home,” continues Sherry. The state of the real estate market may present some advantages to home buyers as interest rates are some of the lowest seen in years which means lower monthly mortgage payments and bigger home-buying budgets. However, low interest rates have created a fiercely competitive market. “Buyers must be prepared to make aggressive offers within days of the home hitting the market. Sellers are receiving multiple offers often at list price or above. It’s a seller’s market, buyers need to be ready to bring their best offer to the table,” shares Sherry. 

 

With the market this competitive, it’s important to not only know what you can afford but what features and areas you are looking for. Whether you are looking for a starter home or your forever home, spending time deciding what is on your wishlist is critical so when a home that fits your criteria comes on the market you can act quickly. “Davidson Realty’s knowledge of the Northeast Florida communities, builders, schools, and entertainment options are invaluable.  Your Davidson Realtor ®  will take the time to understand the needs of your family and what you need in a home,” continues Sherry.  

 

Whether your first home is your one and only or the first of many, Davidson Realty will be your real estate partner for life. If you are ready to purchase your first home, call the real estate experts at Davidson Realty at (904) 940-5000.

The Winning Team – Davidson Realty 2020 Awards

February 19, 2021

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2020. The year of adapting to the unknown. A global pandemic, millions of jobs lost, and a volatile economy, did not stop the real estate market from being swarmed by millions of Americans hoping to take advantage of the positive market trends and record-setting numbers.

 

The Davidson Realty Team powered through the uncertainty, the “social distancing”, and changing market trends to deliver quality real estate services to their clients. “Our team at Davidson Realty continued to stay connected to our customers during the crazy Covid year we had”, shared Davidson Realty President, Sherry Davidson. Agents gracefully navigated 2020 as they were presented with multiple offer situations due to the competitive nature of the market. Along with the excellent real estate service the Davidson Realty Team was providing, they continued to serve the Northeast Florida community, when they perhaps needed it the most. “Our team organized and participated in food and toy drives, Davidson Cares Clay Day, and Deck The Chairs. The passion our team has for serving others is inspiring. With all that our team faced in 2020, I am proud that the Davidson Realty team has matched the 2019 closing volume of $100,000,000 and exceeded 2019 sales volume by 16%,” continues Sherry. With such an exceptional year for the Davidson Realty team, it is only right that their best and brightest are recognized for their accomplishments in service and performance. The success of this team is made in part by the incredible leadership team at Davidson Realty, notably Sherry Davidson and Davidson Realty Sales and Training Manager, Andrea Gallagher.

 

Last month, Davidson Realty President Sherry Davidson was named the 2020 Northeast Florida Association of Realtors (NEFAR) Circle of Honor award winner for her exceptional service and contributions to the real estate community both locally and statewide. Sherry has served NEFAR in various capacities including on its Board of Directors. She has also served on the Board of Directors for Builders Care, a charitable arm of the Northeast Florida Builders Association (NEFBA). Throughout her 30-year career in real estate, Sherry has supported real estate agent education and promoted the importance of the real estate industry’s involvement in the community. Sherry truly has led by example as she has supported various causes in Northeast Florida including NEFAR Fights Hunger and Davidson Cares Clay Day. Known throughout the First Coast as an industry leader and an authority in residential real estate, the Davidson Realty Team continues to flourish under her mentorship.

 

 

Terri Apodaca

Davidson Property Management – 2020 Most Rentals

Davidson Property Management – 2020 Most Properties Referred

5 Years of Service 

3 Million Dollars Closed

3 Million Dollars Sold

 

 

Reba Barkley

Davidson Property Management – 2020 Rookie of the Year

 

 

 

 

 

Bonnie Cherhoniak 

5 Years Service

 

 

 

 

 

Lori Burton

5 Years Service

 

 

 

Pam Lareau

5 Years Service

 

 

 

 

Kirsten Lightfoot

5 Years Service

 

 

 

 

Matt Davidson

20 Years Service

 

 

 

 

 

Delilah Salameh

2020 Sales Rookie of the Year

 

 

 

 

 

Candy Gil

3 Million Dollars Sold

 

 

 

 

 

Liz Pappaceno

3 Million Dollars Closed

3.5 Million Dollars Sold

 

 

 

 

 

Jennifer Todd

3 Million Dollars Closed

3.5 Million Dollars Sold

 

 

 

 

Caitlyn Hawkins

3 Million Dollars Closed

3 Million Dollars Sold

 

 

 

 

Margherite Myers

3 Million Dollars Closed

3.5 Million Dollars Sold

 

 

 

Lynn Whitley

4 Million Dollars Closed

4 Million Dollars Sold

 

 

 

 

Ron Savarese

4 Million Dollars Closed

4 Million Dollars Sold

 

 

 

 

Steve Rodriguez

4 Million Dollars Closed

3.5 Million Dollars Sold

 

 

Tammy Peacock

4 Million Dollars Closed

4 Million Dollars Sold

 

 

 

The Braddock Group – Michael Braddock & Sarah Poehler

3.5 Million Dollars Closed

4 Million Dollars Sold

 

 

 

 

Suzy Evans

11 Million Dollars Closed

11 Million Dollars Sold

 

 

 

Shelley & Tim Nemethy

16 Million Dollars Closed

18 Million Dollars Sold

 

 

 

 

Mirtha Barzaga

17 Million Dollars Closed

17 Million Dollars Sold

2020 Closing Agent of the Year

2020 Sales Agent of the Year

2020 Listing Agent of the Year

 

 

Sam Davidson

2020 President’s Award

 

 

 

The Davidson Realty Team is proud of all the hard work and dedication displayed in 2020 and strives to have an even more successful 2021. These achievements would not be possible without the trust and loyalty of the Davidson Realty clients. Thank you for trusting us as your real estate experts. If you are interested in experiencing the Davidson Realty difference, contact us at (904) 940-5000.

CONGRATULATIONS TO OUR TOP PRODUCERS FOR AUGUST

September 18, 2020

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Davidson Realty’s team ended another incredible month of real estate deals. Our team of real estate experts at our St. Augustine and Beaches offices finished the month of August with more than $9.5 million in closings and more than $10.5 million in sales. Congratulations to Davidson Realty’s Top Producers for their dedication last month! 

 

The Top Producer for the month of August was Suzy Evans. Suzy had more than $2 million in closings. Suzy has been a licensed Realtor® since 1992. With her extensive knowledge of real estate in Northeast Florida and many years of experience, Suzy is a natural! 

 

 

 

Davidson Realty’s Top Sales Agent for the month of August was Liz Pappaceno. Liz had more than $1 million in buyer sales and is eager to help more clients find their dream home. Thanks to her involvement in Davidson Cares and other charities, she has also been recognized as one of Davidson Realty’s most philanthropic agents.  

 

 

Mirtha Barzaga was Davidson Realty’s Top Listing Agent with more than $975,000 in listings sold. Mirtha is a Certified Negotiation Expert which is the premier designation in real estate for advanced negotiation skills to help clients achieve their goals. 

 

 

 

For the sixth month in a row, Davidson Realty’s Top Producing Team was The Nemethy Group with more than $2 million in closings. Together, Tim and Shelley, have had more than $30 million in sales since The Nemethy Group was established in 2018. 

 

 

 

The Braddock Team was the Top Sales Team in August. Michael Braddock and Sarah Poehler had more than $1 million in sales. The Braddock Team specializes in investment properties and property management while striving to ensure a positive experience for homeowners and tenants by streamlining the rental process. 

 

 

 

For the second month in a row, Davidson Realty’s Jacksonville Beach Real Estate office had Caitlyn Hawkins as their Top Producer. Caitlyn had more than $1.2 million in closings. Born and raised in Ponte Vedra, Caitlyn has first-hand experience of all the wonderful things the First Coast has to offer. 

 

 

 

Candy Gil was Davidson Realty’s Top Sales Agent for our Jacksonville Beach office last month with more than $700,000 in sales. Candy believes open and clear communication is the key to a successful relationship with her clients.

 

 

Congratulations to the entire Davidson Realty team and especially to these Top Producers! If you are interested in buying or selling a home in Northeast Florida, call one of our experienced agents today! 

 

 

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