VOL3 AREI NEWS : simplebooklet.com

Message CLICK FOR VIDEO6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233“Can I sell my home AS-IS?”Often, sellers prefer to list their properties “AS IS,”meaning no repairs or improvements will be made beforeclosing. In Florida, there is a specific Real EstatePurchase Agreement tailored for this purpose, offering"AS-IS" language that seems to protect the seller.However, the reality is that this frequently used "AS IS"contract often benefits the buyer more than the seller.Buyers can still request inspections and walk away duringthe inspection period for virtually any reason, leavingsellers vulnerable to losing deals.More on page 9UPDATEUPDATESTATS DON’T LIEMARKETMARKETWant to see recent DATA? Click the link below to see ourrecent MARKET UPDATE on YouTube. Page 10 also has more graphs &links to other sources ofinformtion & statistics.ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24

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6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233PG. 2 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24Thinking of Selling?Thinking of Selling?Thinking of Selling?WE NEED LISTINGS! We have sold nearly all of our AREI inventory and there is still buyer demand.Although listing inventory is increasing, homes in good condition, that arepriced accurately, will sell with guidance and good marketing from asupportive agent. As the Federal Reserve poises to tick down interestrates, and as we near the decision of our national election, we anticipate ayear-end flurry of sales due to buyers jumping off the fence. WE RECOMMEND YOU SELL BEFORE THE HOLIDAYS!!Contact us for a low pressure and informativeSeller Consultation.$225,000$225,0004323 Sussex St., Holiday2 Bedrooms / 2 BathroomsVilla (not a condo)Large screened lanaiFenced yard - PET FRIENDLY!!Very low HOA fees - Community Pool$178,000$178,0007704 Hillside Ct. #104, Hudson2 Bedrooms / 2 BathroomsOne-level CondominiumNew Kitchen! End unit! Lovely views!55+ Active Adult CommunityLow HOA fees - Pet FriendlyOur Current Listings!

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6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233FEATURED MORTGAGE PARTNERChris Kidder - Tampa MortgagePREFERRED TITLE PARTNERSharee Mandel - Investment TitleOriginally from the Wrigleyville neighborhood of Chicago. Shareehas been involved in the real estate industry as a paralegal and titleagent since 1994. She relocated to St. Pete to give her daughter a"fun in the sun" lifestyle. Sharee is Florida's Premier Title Agent bygoing above and beyond as the master of her craft. From personallyproviding comprehensive title searches at the listing of the home tomeeting at a place that is convenient for your clients for the closing.With communication before, during, and after the closing, Sharee isuniquely accessible 24/7. Chris was a founding member of the original Tampalocation at The Mortgage Firm Tampa One since itslaunch in 2010. He has 25+ years in the mortgageindustry. One of the reasons Chris has enjoyed along career in this industry is because he likes tohelp people pursue their dreams to buy a home fortheir family. Chris has earned The Mortgage Firm’sCircle of Champions award since its inception. Chrisis married to his high school sweetheart, Missy, andhas two daughters, Cassidy and Haley. Feel free tocall or text Chris for all questions mortgage related:(813) 842-5611CLICK HEREfor more info, payment calculatoror to start the application process.PG. 3 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24

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FEATURED PROPERTYAQUA HARBOR -- a waterfront condocommunity is coming up out of the ground soon!Aqua Harbor is now pre-selling with only a $10,000reservation! Located at the SW corner of MarineParkway and US-19, this complex will be helpingchange the “look” of New Port Richey. All units over 1,300 s/f2 bedrooms, 2 bathsprivate balconyquality construction (local developer)reserved covered parking spacepet friendly (2 pets, no size or breed restrictions)boat slips available for leaseSUMMER PRICING from $450k to $610k6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233NOW PRE-SELLING!CLICK FOR DETAILSAQUA HARBORPG. 4 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24

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6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233SUSAN ROSULEKPG. 5 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24JACKIE SCHMIDTMEET OUR AGENTSSIDNEY FREEDBorn in Destin, TexasAlso lived in Arkansas, Oklahoma & the FL KeysLicensed in real estate since 1995KIDS: 2 - John & TaylorPETS: 1 dog - Mickey the Australian ShephardFAVORITE PASTIME: Camping with familyFAVORITE RESTAURANT: Happy Cactus, DunedinSTRENGTHS IN REAL ESTATE: Helping Buyers find the perfecthome, luxury properties, and waterfront homesBorn in Darwen, EnglandAlso lived in Germany, France, Belize & New MexicoOTHER FLUENT LANGUAGES: German, FrenchLicensed in real estate since 2016KIDS: 3 - Ashley, Allison & AlexPETS: 3 dogs, 1 cat, 1 bird & fish (all are friends)FAVORITE PASTIMES: Travel, cooking & readingFAVORITE RESTAURANT: Ulele, TampaSTRENGTHS IN REAL ESTATE: Working with Sellers,negotiation expertise, and adept at solving problemsBorn in ColoradoAlso has lived in OH, VA, KY, TNLicensed in real estate since 2021KIDS: 2 - Adam (21) & Abby (18)PETS: 1 dog -Tyruss; 3 cats - Mindy, Socks & ZeekFAVORITE PASTIMES: Beachtime, camping & travelFAVORITE RESTAURANT: Anywhere on the waterSTRENGTHS IN REAL ESTATE: Working with 1st-timehomebuyers, contract-to-close details & property mgmt.CLICK THE AGENTS IMAGE TO VIEW THEIR WEBSITE & OBTAIN CONTACT INFO

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6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233ESTHER DIBESCEGLIPG. 6 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24JENNIFER HELTONBorn in Greeley, ColoradoLived 33 years in NE, 18 years in NC, 10+ years in FLLicensed in real estate since 1991PETS: 2 dogs, 2 cats, 1 bird & some Cichlid / Beta fishFAVORITE PASTIME: anything creative (art background)FAVORITE CUISINE/FOOD: Indian cuisine & sushiREAL ESTATE BIZ STRENGTHS: Contract & tech geek,coaching & training, back office operations, newconstruction expertise & a knack for detailsANGELICA BARBOSAMEET OUR AGENTSBorn in Queens, New YorkLived New York and FloridaLicensed in real estate since 2022KIDS: 1 daughter age 30; 1 son age 24PETS: 2 dogs - a Corgi mix and a purebred CorgiFAVORITE PASTIME: Working OutFAVORITE CUISINE/FOOD: ItalianFAVORITE RESTAURANT: Argentos, Port RicheySTRENGTHS IN REAL ESTATE: Property Mgmt (LCAM licensed), condo expertise & contract to close Born in Rio de Janeiro, BrazilAlso lived in Vienna, Austria (US Citizen 2005)Fluent in Portuguese & conversational German & SpanishLicensed in real estate since 2011KIDS: Marcos & Anna, 1 granddaughter, EleniFAVORITE PASTIMES: Spending time with family & pilatesFAVORITE RESTAURANTS: Discovery India, Palm HarborSTRENGTHS IN REAL ESTATE: Working withprobate/estate customers, distressed/REO properties andproficient at transactional detailsCLICK THE AGENTS IMAGE TO VIEW THEIR WEBSITE & OBTAIN CONTACT INFO

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6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233WE ARE A FULL SERVICE BROKERAGEWE ARE A FULL SERVICE BROKERAGEWE ARE A FULL SERVICE BROKERAGEPG. 7 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24CLICK TO SEARCH MORE HOMES AT www.ArtisanRealEstateFL.comRecipe of the Month!Dilled Chicken Salad with Cashews on Croissants3 chicken breasts - 1.5 lbs Plain yogurt - 1/3 c.Mayonnaise - 1/3 c.Green Onion - 2 Tbsp. mincedDill Weed - 2 Tbsp.Garlic Powder - 1/2 tsp.Salt & PepperLeaf lettuceCashew piecesCroissantsBring a medium pot of water to boil, add 2 t. salt and add chicken breasts. Boil for 5minutes, turning the breasts until cooked through (cut one open in 3 minutes to see if it’sno longer pink). Remove and let cool completely on paper towel. Meanwhile, mixtogether the yogurt, mayonnaise, green onion, dill weed and garlic powder. Now - veryimportant - the chicken meat must be SHREDDED. Cut the chicken into 1/2 to 1 inchcubes and then hand shred the meat. This makes the best texture for this chicken salad.Add the shredded chicken into the yogurt mayo mixture and combine completely. Add1/4 t. to 1 t. of salt to taste and some cracked pepper and combine. Slice croissantsopen and lightly spread with mayonnaise. Add leaf lettuce to the bottom, then chickensalad, then sprinkle with cashew pieces. ENJOY! CLICK HERE TO VIEW ONLINE RECIPE AT "JUST A PINCH"

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(Continued from page 1)“Can I sell my home AS-IS?”In today's real estate market, the notion of selling a home "AS-IS" can be quite appealingto sellers, but it is more complicated than it might seem. Although the idea of selling aproperty without making repairs is common, especially in the post-pandemic seller'smarket or during times of distressed inventory like the Recession years, the reality is thatbuyers typically still expect to inspect the property, even if they agree to an "AS-IS" deal.The FAR BAR AS-IS Residential Purchase Agreement, which was originally created tofacilitate investor transactions and quick sales of distressed properties, allows buyers asignificant advantage during the inspection period. Buyers are given the right to cancelthe deal for nearly any reason during that period, and they are entitled to a refund of theirescrow deposit. This provision often catches sellers by surprise, as they may not fullyunderstand how much flexibility this contract gives buyers to back out.For sellers who want to keep deals intact, it might be more beneficial to consider using theFAR BAR 6x Residential Purchase Agreement. This contract strikes a balance betweenbuyer protection and seller security, as it limits the extent to which repairs can bedemanded, provides timelines for negotiation, and seeks to foster a productive dialogueduring the inspection period. While it may require more effort to complete, it reduces thelikelihood of deals falling through due to repair requests.Key takeaways for sellers in this market:Even with an "AS-IS" listing, buyers will often want an inspection period, and the FARBAR AS-IS contract gives them wide leeway to cancel.To prevent deals from collapsing, sellers may benefit from using the FAR BAR 6xcontract, which provides a structured approach to handling repairs and inspections.Real estate agents should be well-versed in both types of contracts and educateclients on the advantages and risks of each.At Artisan Real Estate, Inc., we understand the intricacies of these agreements and howthey can impact the outcome of a real estate transaction. Our team is well-versed in boththe FAR BAR AS-IS and FAR BAR 6x Residential Purchase Agreements, and we’rededicated to helping our sellers and buyers navigate these contracts with confidence. Weoffer expert guidance to prepare both parties for negotiations, ensuring the process is assmooth, stress-free, and fair as possible. In today’s competitive market, havingknowledgeable agents who can skillfully manage these agreements is essential for asuccessful transaction..6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233UPDATEMARKETPG. 9 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24

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6611 US-19 Ste 214, New Port Richey, FL 34652artisanrealestate1@gmail.com727-339-3233PG. 10 - ARTISAN REAL ESTATE NEWS - VOL. 3 - SEP24STATS - DATA - GRAPHSPINELLAS REALTORS ORGANIZATION STATS PAGETAMPA BAY HOUSING MARKET - YouTube - August 2024 AnalysisCLICK THE LINKS BELOW TO BROWSE STATS FROM REPUTABLE SOURCESTODAYS’ TOPIC: Is it a balanced market? Almost....Using the “Absorption Rate” method, it can be determined if we are in a Sellers Market, BuyersMarket or a Balanced Market. This Absorption Rate is a metric that measures how quickly homes are selling in a given marketover a specific period of time. It's calculated by dividing the number of homes sold by the totalnumber of homes available during that period.The absorption rate is a useful indicator of the balance between supply and demand in thereal estate market. A high absorption rate means that there is a high demand for homes andthat they don't stay on the market for long. A market with an absorption rate of 20% or higheris usually considered a seller's market, while an absorption rate below 15% is usuallyconsidered a buyer's market. Currently, the absorption rate in Tampa Bay is expected to bebetween 26% and 31% --- but dropping rapidly as inventory has jumped up dramatically.The graphs below are AVG SALES PRICE (green line) to MONTHS OF INVENTORY (blue line)for the last 12 months, 2022 and pre-pandemic 2019 when the market was VERY balanced. Stellar MLS Market Statistics PageOCTOCTOCT ‘23 - SEP‘23 - SEP‘23 - SEP ‘24‘24‘24202220222022201920192019