Buying a new home from a builder is possible in the current market but all the rules have changed.

1.  The builders will not accept a contract contingent on the sale of your home.

2.  The demand for new homes is very strong.

3.  The role of the realtor has changed, our role is to educate and help evaluate your housing options. 

We stay informed on the next development, the build-out percentage in the current communities, And the requirements for entering into an agreement.

Builders build Spec Homes. These are homes built by a national or local builder for a buyer when the home is complete. The builder’s staff works with the builder to determine which floor plan to build and how to finish the home with regards to structural changes and cosmetic finishes. The Builder speculates that a buyer will come along and buy it when complete. These homes are called inventory homes. What you see is what you get.

We are consistently reaching out to builders in the greater Tampa community to determine who has what and for how much. Due to increased demand and shortages in the building supply pipeline. And the length of time required for an approved permit from the county to build the home our efforts must be steady.  Builders are scrambling to meet demand. 

To Be Built with Trac Builder. This is a way to purchase where we go to the builder and make decisions. 1st is which community, 2nd which lot, 3rd which model they offer, and last how do you want to personalize the home. This involves more time at the current pace nearly a year from start to finish. At the closing, you will have finished the home with all your favorite features and your choice of elevation, roof color, and even the tile. 

Custom Home Builders: These are the builders who construct a home on the lot you own. They build the house exactly as you want it. You provide the house plan and all the details that make it the dream home you have worked so hard for. The financing of these homes is a topic for another blog but it is doable. 

Realtors keep up with the building industry, Our role is to help you make the best possible decision for you and your family.   Tampa Bay real estate is increasing in value in the current financial environment. Our community is attracting people from all over the US. If you want to move let us help you. 

The escalation clause is an additional term that is added to the purchase offer. This term tells the seller of a home that you are willing to purchase the home for more than those buyers who have an interest in the same home.

This clause says we will escalate our offer by X amount of dollars over your highest offer. A buyer can set a maximum amount for the offer as well.  Here is an example:

We will pay you $2,000 more for your home than any other buyer. We will pay up to say $12000 over the list price. In addition, you can say that you will pay the increased price even if the loan appraisal does not support the agreed price.  That means as the buyer you have to be prepared with more cash. 

An experienced agent may suggest an escalation clause be added to your purchase offer to give you a better opportunity to execute a contract. 

We continue to stay focused on the needs of buyers and sellers.  

Tampa Bay Real Estate 

We have called Florida home for 5 generations.  From the vast groves of central Florida and the cattle ranches that dot the land between the coasts to the beach villages and shoreline cities, Florida can be paradise.   We have plenty of sunshine. We have storms both tropical and dramatic. We have people moving here every day from all over the US and beyond. 

You have heard of Tampa, Miami, Jacksonville, Daytona, and Orlando. But what about Wauchula, Brooksville, and Parrish are you aware of these communities? If you are planning a move to Florida, we have homes for you to purchase but you might want to consider the remote areas.  With commute times less important and flexibility meaning more now, you can be in the driver’s seat and find your place in the Sun.  Because Florida is a Peninsula if you buy here you will live no more than 2 hours from the beach no matter where you buy.   This is the beauty of it all, better still there are airports at least that close throughout the state and professional sports teams that close, the list goes on and on. 

The lakes and rivers provide beauty for relaxation and opportunities for fishing.   Oh, I need to remind you this is horse country as well. 

Sometimes you think you know where you want to go and sometimes you just want a fresh start. We are Yellowfin Realty, founded in 2009 in the toughest Real Estate Market in a generation, we intend to help 500+ families with their real estate needs in 2021. How can we help you? 

#tampabay  #realestate  #stpete  

So you want to move, we hear you loud and clear. The kids are home way more than in years past.

Working from home sounds great until you are sharing the workspace with a spouse, roommate, or at-home college student.   So what do you do…a new house is a great idea – outdoor space is a plus, a home office would alleviate congestion and an extra bedroom is essential.  

You are no longer commuting so now that you think about it, you can relocate further out from town or even to the beach but all you hear is there are no homes available. Who wants to sell their home and walk into the world of the unknown in a year of uncertainty. 

It is time for the leaseback. We put your home on the market so you can take advantage of the high demand for houses. We find a buyer who not only pays you want but understands your challenge and agrees to allow you to leaseback your home for 30, 60, 90 days while we find you your next home. Now your offer is no longer contingent on the sale of your home, you have your cash and you are a competitive buyer. We will help you find that next space. You could even build a new home and we can help with that as well. 

We need to open up the logjam of demand by walking with sellers to help them get into the marketplace this spring 2021.    

Looking to live your life without all of the worry of having to do exterior maintenance?   Now may be a great time to purchase a Brand New Townhome.

Enjoy owning your own home without being tied down every day off working in the yard.  You can go out and enjoy your downtime, exploring the outdoors, visiting with family and friends then come home to relax.

Brandon offers a few Brand New Townhome communities that are all selling quickly!  Please reach out to us for assistance with purchasing your new townhome.  Builders enjoy working with Realtors, they pay us for our services; not you.  But, we are here to represent you.  There are some great incentives being offered right now to purchase new construction.  Call us today for more details.

The Retreat by D.R.Horton- Located in South Brandon off Kings Avenue, sells the Glen & Vale floor plans-3 bedrooms, 2.5 baths both have a 1 car garage with a 2 car driveway. The Vale (end unit) offers a loft area upstairs. All of D.R. Horton's townhomes are built with all block construction on the 1st and 2nd stories. All appliances including the Washer/Dryer are included with your home. The Retreat is a small, quaint gated community close to I-75, The Crosstown Expressway as well as local Brandon shopping. Pricing starts from the $211's. HOA fee includes water, gate, exterior maintenance. NO CDD Fee! 

The District by D.R. Horton- The District is located off Bloomingdale Avenue and sells the same floor plans as The Retreat.  The District is a little larger, gated community located within a great school district-(Brooker, Burns and Bloomingdale).  All block construction as well as all Appliances and granite countertops in the kitchen are included with your home.  This locations offers some great shopping, restaurants and pricing starts from the $221's. HOA fee includes water, gate, exterior maintenance. NO CDD Fee! 

Timbers at Williams Landing by Ryan Homes- Timbers at Williams Landing offers the lowest priced new Townhomes in Brandon, with all of the finishes and features you want to come home to being included-Granite, 42" Cabinets and All Appliances. They also offer a Main floor Owner's Suite.  In Timbers at Williams Landing, you can own a home for less than rent! With NO CDD fees and exterior maintenance included, you'll have more free time and money for doing the Fun things you love most. Easy access to the Interstate, business complexes and local Brandon shopping, restaurants.

If you are looking to purchase New Construction outside of the Brandon area, we can help you as well!  There are some great townhome communities; let us know how we can help you find your next home. 

New Construction in Brandon is limited right now, as far as Single Family home offerings; but have you heard about Brooker Ridge? If you are looking to live in old Brandon, but prefer a brand new home, this may be the community for you. It is tucked back off John Moore Road on 35 acres-you wouldn't necessarily know it is there. If you would like to tour this beautiful, quaint gated community, please give us a call. We would love the opportunity to talk with you about New Construction and all the benefits of purchasing a brand new home.  As a Realtor, we are happy to represent you with your new home purchase and must register you with the on site sales agent prior to your visit.

Brooker Ridge is a D.R. Horton community consisting of 120 homes-between Lumsden and Bloomingdale Avenue. It is located within a great school district (Brooker, Burns and Bloomingdale); with a low HOA fee and NO CDD! D.R. Horton offers all block construction even on their two-story homes. Community pricing starts from the $280's, with 3-5 bedrooms, 2-4 bathrooms and 2 & 3 car garage homes being offered. 

They are selling quickly due to their great Brandon location.  Please feel free to give us a call if you have any questions or would like to take a tour of Brooker Ridge.  

Builder's work with Realtors everyday and our fee is covered by the builder. You do not have to go alone. Call us or PM for details on extra incentives and promotions offered in this community and others. 

https://www.showingnew.com/williammorris3

https://americanlifestylemag.com/real-estate/buying-selling/need-real-estate-agent/?ts=1587409542154&cb=MTgwNTM2Nw==&utm_source=cam

Yellowfin is a proven leader in Tampa Bay Real Estate.  Our Broker, Susie Morris, offers over 30 years of real estate expertise, and is passionate about helping real estate agents advance their careers.  We invite you to be part of our winning team. Our independent brokerage is vigilant about cultivating and curating our culture and brand.  We are adding new agents who align with our current agent base.  Our agents work with integrity, understand the value of community and contribute their talent and skills to improve Tampa Bay. 

We hire professionals who want to learn more, know more and give more to their customers.   Yellowfin is a solution oriented company committed to providing the tried and true, as well as cutting edge strategies and support which will lead to successful real estate practice.  While focusing on our agents as talented individuals, we provide a wealth of information through our broker/owner support and on-sight continuing education.

Whether new or experienced, we celebrate agents who are successful in their strategies to grow their business.  Since 2009, Yellowfin continues to thrive and consistently grow. Our accomplished agents are continuing to set and surpass their career goals. We find focusing on the consumer is a winning strategy for referral business.

If you could receive an offer on your home in 24 hours without ever listing it, would you? It seems like a no-brainer. No need to stage the home, or make yourself scarce for showings, and removing the middle man will mean more money in your pocket, right? 

Companies like Opendoor, Offerpad and Zillow are now offering this “quick and painless” solution for homeowners. These e-buyers will buy your home and then turn around and sell it. The benefit, as they advertise, is that the process of selling your home is much easier – enter your address, receive an offer and close quickly. Based on this representation it seems like an easy way to sell your house. And it is. 

But don’t be fooled – this process is nothing new. Real estate investors have been buying up homes and then selling them for as long as people have owned property. The phrase “We buy ugly houses” may ring a bell. This “newer” option is just a more sophisticated, digital representation of that old-school process. 

However, before you sign on the dotted line, it’s important that you understand the cost of the convenience these companies offer. Below are four things you should know before selling your home to an e-buyer. 

1.     These companies are looking to make a profit 

When companies like Opendoor or Offerpad buy your home, they are looking to make a profit. They’ll make minor improvements to the home and then turn around and list it for more than they paid. This is how their business makes money; they must operate on a margin. While there is nothing wrong with this, it’s important to understand that profit could have been yours. Working with a realtor will ensure that your home is positioned to sell and that you make the most out of your family’s biggest investment. 

2.     There are still fees involved

One argument for working with an e-buyer is that they don’t have the same fees as a realtor. Many people believe that they will make more money off the sale of their home because they don’t have to pay a realtor’s fees. However, these companies have fees of their own, with some being as high as 8-9%. This is not less than the total cost of a typical real estate transaction. In addition, the initial offer is subject to change once a representative of that entity is able to see the inside of your home. In the long run, working with an e-buyer is not saving you any money.

3.     E-buyers don’t follow the same rules as realtors

Realtors must follow a code of ethics to preserve property values in any given neighborhood. As such, we cannot set the property value too low to make a sale. E-buyers don’t follow the same rules. And while this might not affect you, it will affect your neighbors when they go to sell their home. In addition, e-buyers often allow buyers to tour the home at their leisure. They can come and go as they please with no supervision. This can result in loitering or trespassing, which also poses a threat to your neighbors. 

4.     Local investors can offer you a similar sale

In the right situation, selling your home quickly to an investor may be the best decision for your family. Talk to a realtor about selling your home to a local investor. Local investors can offer you the same quick and easy process. They are also members of the community who have a vested interested in seeing the Tampa Bay area thrive. A realtor can also work to reduce the fees with these buyers to be significantly less than with an e-buyer. 

At the end of the day, the general real estate market is the best way to ensure a seller secures market value for their home. But perhaps the money is required by a certain date or the condition of the home makes selling to an owner occupant difficult. Our team works with a number of local investors who are ready and willing to buy your home. Contact us today to schedule your free consultation.