Unparalleled Support. That’s The Davidson Difference.

January 5, 2021

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With more than 1.5 million Realtors © in the United States and 10,000 Realtors © in Northeast Florida, it is imperative for agents to select a brokerage that is committed to their achievements and growth to set them apart from the rest.  

 

Davidson Realty provides their agents with a toolbox to equip them with the resources necessary to build a thriving career. Since 1989, Davidson Realty has been among the top real estate brokerages in Northeast Florida and continues to build a reputation of providing trustworthy and personalized service to their clients. 

 

Agents at Davidson Realty receive unparalleled support from day one. “At Davidson Realty, we strongly believe in a “Pay It Forward” culture. We believe in putting people and relationships first. And that starts with our agents,” shares Andrea Gallagher, Davidson Realty Sales and Training Manager. “By investing our time and resources in supporting our agents we take the guesswork out for them and allow them to fully focus on serving their customers and community. The agents we see most successful in this industry are ones who have meaningful relationships with their customers and the greater community.” 

 

The Davidson Realty team organizes various in-house programs to continually provide agents with tools to build their own success. Agents receive monthly training from qualified professionals on topics including: lending, title, new construction, development, contracts, social media, public relations, tax, inspections, and listings. Davidson Realty agents also have one-on-one coaching and training sessions available with President Sherry Davidson and Sales and Training Manager Andrea Gallagher to discuss transaction issues and help with contracts. In addition to one-on-one coaching, Davidson Realty has a successful mentoring program. “New agents are paired with an experienced agent that not only guides but is their 50/50 partner for the new agents’ first two transactions from start to close. The mentor and mentee meet frequently to discuss processes to build their business including lead generating strategies, creating a listing package, and understanding contracts and listing agreements,” shares Andrea Gallagher. 

 

Davidson Realty also organizes group coaching sessions, a book club series, and goal setting and yearly business planning workshops. Sherry Davidson and Andrea Gallagher are both certified mentors for Brian Buffini’s Real Estate training courses and teach his classes in offices regularly. These training sessions are for all experience levels of agents and are endorsed by the National Association of Realtors.  

 

Along with the in-person training and mentoring, Davidson Realty Agents receive business, marketing, and technical support. Davidson Realty has an in-house graphic designer to design and coordinate mailings of flyers, postcards, invitations, pop-by tags, and more for customer and community events. Agents have access to a transaction management system for all their transaction document needs as well as listing services such as MLS listings, contract maintenance, and text riders for signs. The Davidson Realty Team create and design customized monthly emails for each of their agents and assist with building business pages on various social media platforms. 

 

On top of the abundant in-house support, Davidson Realty agents truly become part of a greater family that is eager to help agents make dreams come true for their clients. If you are interested in joining Davidson Realty’s team of real estate experts, contact Davidson Realty President, Sherry Davidson at 904-940-5000. Give yourself and your career the opportunity to thrive.

Real Estate Market Update

December 23, 2020

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“God has given us two hands – one to receive with and the other to give with. We are not cisterns made for hoarding; we are channels made for sharing.” Billy Graham

 

The Northeast Florida Association of Realtors market stats continue to show more buyer demand than seller supply. Pending sales were below normal in March, April, and May due to COVID-19; however, the year to date pending sales are up 11.6% over the same period last year. The 2,858 pending sales in November is 21.3% higher than last November.

 

The 2,680 closings in November are 13% higher than last November. We are up 6.7% year-to-date over the same period last year.

 

The homes available for sale is the lowest number on any reports I have seen. There are 5,211 homes available in Northeast Florida down 44.7% from 9,418 in November 2019 and 9,976 in November 2018.

 

There is 1.7 months supply of homes for sale which is down 51.4% from last year. A balanced market is 5 to 6 months of inventory.

 

The Northeast Florida builders are building more homes than in any year since 2005. There have been 11,343 permits issued in the Jacksonville MSA through November. That is 18% higher than 2019 in the same period. There were 10,345 permits in all 12 months of 2019.

 

The low supply and increased demand is causing prices to continue to rise. The median sales price of $262,000 is 12.9% higher than last November and we are up 8.8% year-to-date. The average sales price of $317,602 is 17.2% higher than last November and we are up 11.5% year-to-date.

 

Realtor.com has issued the first predictions for 2021. They are predicting a 7% growth in sales nationally and a 5.7% price increase. The 2021 prediction for the Jacksonville area is 9.4% growth in sales and 5.0% increase in prices.

 

Realtor.com is predicting more homes will hit the market in 2021, but buyers will struggle with affordability as home prices continue to rise. Mortgage rates will slowly rise toward 3.4%.

 

· Millennials will continue to drive the market. Older millennials will likely be trade-up buyers while the younger segment of the generation age into their key home-buying years.

· Affordability will become a growing obstacle.

· Inventory will begin the slow road toward recovery.

· Suburbs will shine if remote work stays around.

 

I wish you a wonderful holiday season and an amazing 2021. This year was full of ups and downs with COVID and the election. I wish you a wonderful and safe New Year!

CONGRATULATIONS TO OUR TOP PRODUCERS FOR SEPTEMBER AND THIRD QUARTER

October 15, 2020

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Davidson Realty ended the third quarter with another successful month of real estate transactions. Agents from Davidson Realty’s St. Augustine and Beaches offices finished the month with 31 closings totaling more than $9.7 million and 35 contracts totaling more than $9.6 million in sales. Congratulations to Davidson Realty’s Top Producers for their hard work in September and the third quarter. 

 

 

The Top Producer and Top Lister for the month of September was Mirtha Barzaga with more than $1.8 million in closings. Mirtha was also Davidson Realty’s Top Sales and Top Listing Agent for the third quarter with more than $2.5 million in listings sold and $1.7 million in buyer sales. Mirtha dedicates her time to Davidson Realty’s mentoring program to help other agents achieve success in real estate. 

 

 

Davidson Realty’s Top Sales Agent for the month of September was Suzy Evans with more than $1.8 million in sales. With more than $4.9 million in closings, Suzy was Davidson Realty’s Top Producing Agent for the third quarter. Suzy has been named one of the Top 50 Best Real Estate Agents in Northeast Florida by the Jacksonville Business Journal. 

 

 

The Nemethy Group was Davidson Realty’s Top Producing and Top Sales Team for September and the third quarter. In September, The Nemethy Group had more than $2.6 million in closings and more than $2 million in sales to round out the third quarter with more than $8.5 million in closings and $6.2 million in sales. Tim and Shelley Nemethy are ready to help guide you through the home buying and selling process to ensure a stress-free experience. 

 

 

Candy Gil was Davidson Realty’s Top Producing and Top Sales Agent for our Jacksonville Beach office last month with more than $850,000 in closings. Candy was also Jacksonville Beach Top Sales Agent for the quarter with more than $1.5 million in sales. Candy continually proves to be one of Davidson’s most valuable agents. In addition, thanks to her background as an interpreter and teacher, Candy is a superb choice for Spanish and English-speaking clients alike.

 

 

Caitlyn Hawkins was Davidson Realty’s Jacksonville Beach office third quarter Top Producer. Caitlyn had more than $1.8 million in closings and strives to help her clients sell their homes quickly. Caitlyn and her husband are having the time of their lives raising their young family here in North Florida, and love taking advantage of everything the First Coast has to offer. 

 

 

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 real estate experts today!

Real Estate Market Update

October 14, 2020

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“A hero is an ordinary individual who finds the strength to persevere and endure in spite of overwhelming obstacles.”

Christopher Reeve

 

2020 has certainly presented some overwhelming obstacles and I have seen many heroes step up to help others. Many generous people are supporting our Davidson Cares Clay Day on October 29th and the charities are so grateful. You can still register to shoot or buy raffle tickets at DavidsonCares.com.

 

The Northeast Florida Association of Realtors market stats for September show continued strong demand for homes in Northeast Florida. There were 3,307 pending sales in September 2020 which is 36% more than the 2,436 in September 2019. We are up 9% year-to-date over the same period last year.

 

The inventory of homes for sale of 5,869 is down 39% from last September. This is the lowest level of inventory we have seen in this market. During the 2003 to 2005 timeframe when inventory was very low, there were still around 7,000 homes on the market.

 

The month’s supply of inventory is at 2.0 months. A balanced market is 5 to 6 months of inventory.

 

The median sales price is up 8% and the average sales price is up 10% year-to-date due to the increased demand and low supply.

 

Dr. Brad O’Coonor, the Florida Realtors Chief Economist provided some insight at the recent Florida Realtors convention. “The pace of residential building is still behind last cycle’s highs, and while building has continued through the pandemic as construction was deemed an essential occupation, costs of materials and labor have increased. Safety protocols for workers, some disruption in supply chains, and increased demand for materials all have translated into cost increases. Coupled with some uncertainty in lending, relief on the supply side is not coming from new construction.  For existing homes, the tap is dwindling to a dribble as current homeowners are living in their homes for an average of 10 years compared to only seven during the early 2000s. Uncertainty in the economy is also prompting people who can to stay put. That said, demand continues to be strong, as those who were sitting on the sidelines are feeling the pull to jump into a home for the first time or finally trade up, fueled in large part by record-low interest rates and the desire to upgrade to more “pandemic friendly” homes and locations. This all leads to an imbalanced market with demand outstripping supply, particularly in the single-family home category.”

 

It is a great time to sell your home! If we can be of any assistance in understanding the market or the value of your home, please let us know.

 

Enjoy the baseball playoffs and all the other great sports. Go Braves!

WE’RE NOT LIKE OTHER REAL ESTATE TEAMS. IT’S THE DAVIDSON DIFFERENCE.

September 25, 2020

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Every year more and more people choose a career in real estate because of its flexibility, opportunities for career growth, earning potential, and job satisfaction. In an industry where success stems from hard work and a strong network, it is essential to be a part of a brokerage that can provide the resources to take your career to the next level.

 

Since 1989, Davidson Realty has been among Northeast Florida’s top real estate brokerages. What sets Davidson Realty apart is its focus and dedication to their agents. By providing ongoing, extensive training programs, agents are continuously sharpening their skills and knowledge of industry trends. “The professional support and the continued focus on industry education is invaluable,” shares longtime Davidson Realty Agent Jennifer Todd. Both new and experienced agents receive the technical and marketing support they need from in-house mentors who share their own industry knowledge. “Davidson Realty provides expertise in every aspect of the real estate industry, from land acquisition, development, permitting, construction, and sales. There is never a time when a question comes up and I don’t have someone to reach out to for support”, Todd continues. Davidson Realty provides the tools to ensure clients receive an exceptional experience and agents reach their goals.

 

Voted the area’s #1 “Best Place to Work” by Jacksonville Business Journal, Davidson Realty understands the importance of having confidence from the team members of your brokerage. Davidson Realty is a local, family-owned organization that celebrates the success of its agents. “Davidson Realty takes pride in the family-style camaraderie we have nurtured with our agents and staff,” shares Davidson Realty President, Sherry Davidson. “That family culture coupled with our dynamic programming creates an environment where everyone helps each other. We all win, particularly our customers.”

 

Agents at Davidson Realty are drawn to the strong workplace community. Jennifer Todd, who began selling World Golf Village real estate in 2002, says there was no other real estate company she would have considered working with, and to this day she feels the same way. “The family environment at Davidson Realty is second to none. We have watched our children graduate from high school together, shared weddings, and the arrival of grandchildren. We have supported each other through family illnesses and the loss of family members. Jim Davidson even offered to sit with my son-in-law for the night shift while going through leukemia treatment. We laugh together, we cry together, and we celebrate our successes together.” Jennifer’s story is just one of many in the Davidson Realty team.

 

As families do, Davidson Realty’s team of agents love to have fun together. From outings to team-building contests, there is no shortage of excitement. An activities committee plans company-wide events that in the past have included Movie Nights, Kickball games, Bowling outings, St. Augustine Trolley Tour, and Jumbo Shrimp games. Davidson Realty and their agents also work together to continually give back to the community. Every other month, Davidson Realty’s World Golf Village office hosts a Blood Drive to benefit their community.

 

It’s clear that Davidson Realty is special. If you are interested in joining Davidson Realty’s team of real estate experts, contact Davidson Realty President, Sherry Davidson at 904-940-5000. Give yourself and your career the opportunity to thrive.

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