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Monthly Archive for October, 2008

Most people that follow the online real estate community know about the case of the Sarasota Association of Realtors (SAR) vs. one of its members Marc Rasmussen. If you are not up to date on the case, take a moment and visit the link above. There are many outraged real estate bloggers posting about this injustice. In this post, I want to bring to light the Sarasota Association’s infringement on my brand …

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For those of you not up to speed on the "TheSarasotaMLS.com" controversy, I will do a quick synopsis. There is a buzz all over the real estate community on the Internet about the dispute between the Sarasota Association of Realtors (SAR) and Marc Rasmussen. Marc is a member of SAR and has been using the domain name "TheSarasotaMLS.com" since August of 2003.

This yea…

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Warren Buffet is Buying

Warren Buffet is buying. Of course we are referring to stocks, not real estate. However, I could not help but think of the Sarasota real estate market when I read his recent quote about his investment strategy.

"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.  And most certainly, fear is now widespread, gripping even seasoned investors." – Warren Buffe…

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What a difference a few years makes in the Sarasota real estate market. We just listed for sale a Siesta Key condo at 6008 Peppertree Way. Back in 2005, this property was listed for $965,000. For 2008, We have priced the property at $599,000.

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Siesta Key Townhouse by the Beach

We just listed this beautiful two bedroom, two bath Siesta Key condo for sale at 6008 Peppertree Way. This townhouse is located right next to the pool and beach.

We value priced the unit at $599,000. Back in 2005, this same exact unit was priced at $965,000.

This ground floor unit features…

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The owners of 16103 Clearlake Blvd in the exclusive Lake Club have just reduced their asking price to $1,349,000. It is now the lowest priced home currently available in the neighborhood.

Virtual Tour

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In case you have not heard yet, today congress passed the $700 billion plus bailout of mortgage giants Freddie Mac and Fannie Mae. The bill is designed to bolster the struggling economy and open up the credit markets.

Warren Buffett was quoted today as sating the bailout will "not solve all our problems, but it will help." The truth is that no one know for sure if this will work, but we had to do something to help loosen the credit markets.

The question many locals a…

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