Again this year, The Jim Soda Group of Prudential Palms Realty will be participating in the Making Strides Against Breast Cancer 5K Walk for Sarasota/Manatee Counties on October 24, 2009 at the Sarasota Polo Grounds. Making Strides is the American Cancer Society’s event to raise awareness and funds to fight breast cancer. The Sarasota/Manatee event in 2008 had over 5,000 participants who helped raise $370,000 to help fight breast cancer. This year we are expecting an even bigger event. Making Strides is an opportunity to honor breast cancer survivors especially our colleague, Realtor Beth Barnett.  As well as educate women about breast cancer prevention, early detection, awareness, and will raise funds to help achieve a day when no one will have to hear the words “You have breast cancer.”  The walk is on October 24th and starts at 9:00am, with registration opening at 7:30am. Please contact me or any member of the Jim Soda Group if you have any further questions or need more information. Thank you in advance for supporting the fight against breast cancer.  We hope to see you there!

Sarasota, FL –Prudential Corporation and Prudential Palms Realty recently announced Jim Soda and the Jim Soda Group as the TOP Prudential Real Estate producers in Sarasota and Manatee County at a recent ceremony at the Asolo Theater. This year Jim Soda and his team were awarded with the prestigious Chairman’s Circle Platinum honor which is earned exclusively by rating in the top two percent of all Prudential Realtors® Nationwide. Helen Sosso Owner/Broker of Prudential Palms Realty recently presented the award.  Jim Soda was the only agent achieving this level of sales in the greater Sarasota –Bradenton-Lakewood Ranch area for 2008.

 

Prudential Real Estate Awards are presented annually and recognize outstanding listing and sales achievements by Prudential Real Estate Sales Associates. Jim Soda personally thanked team members Donna Soda, Toni and Randy Huartson, Kelly Zoller and Judy Dumas. 

 

Jim began his career in 2002 as Rookie of the Year and since then has held the Chairman’s Circle Honors and Legend Award as well.  “My team goes to work everyday” expressed Jim, “we work hard to achieve these results.”  You can contact Jim or members of his team at www.jimsoda.com or at 941-809-7759.

 

Here are some bullet points and explanation on how the stimulus package (The American Recovery and Reinvestment Act of 2009) will affect home buyers. President  Obama is expected to sign this bill into law today  in Denver, CO.  An important area of the bill that was reduced was the proposed $15,000 home buyer tax credit.  The credit was cut down from $15,000 to $8,000, but is an improvement over last year’s $7,500 tax credit.  If  you are looking for a house or would like to contact me about the “Stimulus Package” please feel free to give me a call or e-mail me your question.

 Here are some bullet points of the HOME BUYER TAX CREDIT:

  •         Lesser of 10 percent of purchase price of home or $8,000
  •       Applies to purchases after 1/1/09 and before 12/1/09
  •       Primary Residences
  •       Available to individuals making up to $75,000 or $150,000 for joint returns
  •       First Time Home buyer (may not have owned a primary residence in the past 3 years)
  •       No repayment required, unless home is sold within 3 years
  •       Can utilize credit if using state/local bond financing 

Randy Huartson, Helen Sosso (Prudential Palms Broker) and I have recently returned from 2009 Real Estate Connect In New York City. The  7th annual event was actually our first time for the Jim Soda Group. This conference is where the leaders in finance and technology come to discuss change and innovation within the real estate industry. Timely topic-driven panels and practical workshops provided our team with some new tools and techniques we need to take The Jim Soda Group and Prudential Palms Realty to the next level. I concentrated on internet marketing while Randy spent time in the blogger workshops. Helen kept herself busy meeting her many influential contacts within the industry and staying abreast of the changing real estate landscape. Below is the “How to” we covered in NYC:

How to better Market Listings Online

How to get ahead of the competition

How to Build an Effective Website

How to Integrate New Technology into our Business

How to Leverage a Great Database to Build our Business

Please give me a call on how I can help you with your real estate needs. Thank you.

It’s a good possibility and better than average bet, that your future PORTFOLIO should again include…REAL ESTATE.  Who do you trust?  Why not become your own CEO?  And why risk your financial future on un-accountable CEOs, the greed of corporate directors, and spendthrift companies or investment talking heads? Even the wealthy got taken by Maddoff, while regulators watched. 

 

Our real estate prices are at levels making economic sense to buy and hold or look for rental properties that offer positive cash flow.  Bank foreclosures, short sales or just excellent valued properties may fit your investment needs.  A combination of your IRA, personal monies and loans may be the right equation.  What ever you decide it is a good time to buy. 

 

2008 was a difficult year for our local real estate market. The year began with initial hopes of our prices nearing the bottom. Many Sellers held on to that notion, some too long.  Many aggressive Sellers did sell.  Some will continue to wait for the right buyer.  In years past we didn’t know the term Short Sale or thought we would ever need to know it.  As time went on Short Sale seminars developed, Short Sale certifications were offered. We had short sale failures, short sale success stories and long hours of unsettlement with Loss Specialists whose job description the week before was Receptionist. These departments simply didn’t exist.  Bank foreclosure numbers rose and unfortunately, keep rising. Foreclosures are happening to very hard working families and some with unfortunate circumstances.  As if we needed more salt in our wounds nearly the entire credit market collapses and more new terms emerge, such as, “Bailout and TARP.” With debts now in the trillions.

 

So here we are in 2009.  Many of the same problems facing us remain.  We will probably hear and learn new definitions and terms as we go along for the credit ride.  We are hopeful this year will be a better year with more positive terms coming our way and successful stories.  Our position remains, the time to buy is now.  Allow yourself financial freedom with smart investments offering positive cash flow.  Be your own boss and start your Real Estate Investment Portfolio.  Please call me or e-mail if you have any questions. Happy New Year.