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Listings Data PRESSIVE ODELSOPENING 4HE !WARD WINNING 0INEHURST -ODEL n !VAILABLE AT !BERDEEN 3ILVER ,AKE AND COMING SOON TO #RYSTAL ,AKE S 3ILVER ,AKE OPENS TWO NEW MODELS 4HE MUCH ANTICIPATED 0INEHURST AND $ORSET MODELS AT 3ILVER ,AKE HAVE JUST OPENED "OTH ARE SUPERIOR EXAMPLES OF THE VERY FINEST IN -ORRISON (OMES DESIGN AND CRAFTSMANSHIP 3TOP BY WITH YOUR CLIENTS AND SEE WHAT ALL THE EXCITEMENT IS ABOUT /R TO SHARE ALL OF OUR MODELS WITH YOUR CLIENTS MAKE A POINT TO VISIT OUR WEBSITE TO VIEW INTERACTIVE FLOOR PLANS n WITH FURNITURE THEY CAN ACTUALLY ARRANGE TAKE PHOTO TOURS OF ANY OF OUR NEIGHBORHOODS SEE EXPANDED SCHOOL INFORMATION AND USE OUR MORTGAGE CALCULATOR TO HELP ANSWER FINANCIAL QUESTIONS 3ILVER ,AK E #RYSTAL ,AKE S !BERDEE N AT ,AKEWOOD 2ANC H "RADENTO N 0ALMETT O 0ARRIS H "RADENTO N *OIN OUR 0RIORITY #OMING 3OON -ODELS .OW /PEN *OIN OUR 0RIORITY )NTEREST ,IST *OIN OUR 0RIORIT Y *OIN OUR 0RIORIT Y )NTEREST ,IST TO SQ FT )NTEREST ,IST )NTEREST ,IST TO SQ FT TO SQ FT TO SQ FT 2%!,4/23 7ELCOME 3E (ABLA %SPA×O L 0RICES PROGRAMS PLANS AND AVAILABILITY SUBJECT TO CHANGE WITHOUT NOTICE #"# 2ELEASE SCHEDULES VARY BY NEIGHBORHOOD 0LEASE CALL FOR DETAILS 3ARASOTAS "EST .EW (OME !DDRESS -ORRISON(OMESCOM Three Buildings 90% Sold Out! Large Luxury Condominiums Building IV Now A vailable For Reservations Starting From The $500’s Realtors W orking W ith Realtors Over 60% of our buyers are generated by SARASOTAREALTORS www.phillippilandings.com Luxury Condominium Residences With Distinctive Floorplans, From $600’s to $2 million. 941-929-9554 • Fax: 941-929-7556 Offsite Sales And Information Center Corner of U.S. 41 And Phillippi Shores Drive MANAGED BY THE RAMAR GROUP COMPANIES, INC. An environmentally conscious company r enowned for first-class communities that complement their surroundings Marketed By RAMAR REALTY OF SOUTHWEST FL, INC. Andrew Johnston, Licensed Real Estate Broker This and any accompanying marketing materials represents a preliminary or conceptual plan of development for the project and is subject to future revisions. Nothing herein shall be relied upon as a warranty or commitment that amenities or improvements will be constructed exactly as reflected herein, if at all. Amenities, fe atures lists, unit pricing and timing of construction are subject to change without notice. Sarasota Realtor® Volume 2, Number 10 October 2005 Sarasota Association of Realtors®, Inc. 3590 South Tuttle Avenue Sarasota, Florida 34239 Sarasota Phone: 941/923-2315 REALTOR REALTOR® FAX: 941/923-0191 www.sarasotarealtors.com M A G A Z I N E 2005 Officers “The official monthly magazine of the Sarasota Association of Realtors®” President Judy Schomaker RE/MAX Properties President-Elect Contents Felix Power Coldwell Banker Residential R.E. October 2005 Volume 2 Issue 10 Secretary Joe Hembree Hembree and Associates Inc. 5 Time for The Taste Treasurer The big event of the fall season is almost here – do you have your tickets yet for Dan Page Taste of Sarasota, an SAR co-sponsored event? RE/MAX Properties Immediate Past President 6 If you got your health insurance … Nick Figlow Will 2006 be the year the real estate community finally achieves a long-term goal RE/MAX Gulfstream Realty of gaining quality, affordable health care for Realtors? Chief Executive Officer Curt Singleton 8 Is there really a housing bubble? According to the chief economist with the NAR, there is a lot of misinformation in Mission Statement the media that the numbers and facts refute. The Sarasota Association of Realtors®, Inc., is a professional trade association committed to 10 Funding for environmental land buys providing quality programs and services for its members; enhancing the image of its members Sarasota County will ask the voters this fall to approve a referendum question in the community; upholding the Realtor® which extends the environmentally sensitive land purchase program, and adds Code of Ethics; planning for the future needs more funding. of the organization; and to protecting private property rights. 12 Stellar staging tips Sarasota Realtor® is published monthly by the Is your client’s home really ready to sell? Gain some valuable tips from the experts. Sarasota Association of Realtors® Inc. Editorial Staff 18 Flipping frenzy The trend of fast buys and event faster sales in the hot local market is still in high Director of Communications Ray Porter gear, but do you know the up side and the down side? Director of Member Services 30 It’s not your father’s NAR Action Center Dan Andrews A major revamp has taken place for the NAR Action Center, and the real estate Director of MLS Information Systems community stands to benefit from the new, energized organization. Victoria Szurant 42 New VOW/IDX policy – what does it mean? Director of Professional Development Changes have taken place in the VOW/IDX policy, and a legal fight is brewing Catherine McCaskill with the Department of Justice. What does all this mean to you? Production Serbin Printing, Inc. In every issue Sarasota Realtor® Advertising: 10 Governmental Affairs Update For information on advertising rates and deadlines, contact Ray Porter at 941/328-1168 21 Ethics in Action or [email protected]. Subscriptions: The annual dues of every 22 Sales & Listing Statistics member of the Sarasota Association of 24 Education Programs Realtors®, Inc., includes a one-year subscrip- tion to Sarasota Realtor® magazine. A yearly 34 Realtor Etiquette subscription for Sarasota Realtor® magazine is available to non-members for $25, plus Florida 35 WCR News sales tax. Editorial ideas and manuscripts are welcomed. 36 Membership News Byline articles and columns express the 41 International Real Estate opinions of the writers and do not necessarily reflect the policies or sentiments of the 44 Calendar of Events Sarasota Association of Realtors®, Inc. All submitted copy is subject to editing. Did you know? The Florida Association of Realtors® formed in 1916 in Jacksonville with only 68 real estate 2005 Copyright© by the Sarasota Association brokers from 16 Florida communities represented. By that time, three local Realtor® organizations were already of Realtors®, Inc. All rights reserved. Reproduction in whole or in part without established, in Tampa, Jacksonville and St. Petersburg. written permission is prohibited. ON THE COVER: The availability of moderately priced, quality health insurance is the top issue of Realtors across the state and nation, according to opinion polls. Once more, a law is under consideration which could remedy the situation – but will it get through the Senate and on to the President’s desk? See Page 6 for the Cover Story. Several images contained in this issue were purchased from www.istockphoto.com. Taste of Sarasota flavors funding for Realtor® Affordable Housing Fund It’s almost time for this year’s big event of the fall – the 21st Annual Taste of Sarasota Chefs' Competition on Monday, Oct. 10 at the Hyatt and the Sarasota Family Festival on Main Street in Marc Pegram, head chef at the Venice Yacht Club, will once again stage the Ice Sculpture downtown Sarasota on Sunday, Oct. 23. event, Oct. 23 from noon to 4 p.m., with 7,200 pounds ice The Chef’s Competition culminates Waiter/Waitress Race, the Budweiser carved into a montage of tropical i fish for a gigantic icy aquarium. with the public announcement of beer tent and much more will winners and the People's Choice greet visitors. the evening event enjoy live competition at 7 p.m. on Oct. 10. The The actual Chefs' Competition will entertainment, food from the area’s top Family Festival on Main Street and take place at Palm Aire Country Club restaurants and a cash bar, then will Osprey from Pine to Links Avenue in (this event is closed to the public) the vote for their favorite restaurants. downtown Sarasota runs from 10 a.m. morning of Monday, Oct. 10, and will Proceeds from the Taste will benefit to 6 p.m. on Oct. 23. Both Taste events then move to the Hyatt in Sarasota for are once again co-sponsored by the Forty Carrots Family Center, All Faiths the public announcement of winners Sarasota Association of Realtors® and Food Bank, and the Realtor and the People's Choice competition. the Sarasota Chapter of the Florida Affordable Housing Fund. Last year, Restaurant Association. This year’s Chef’s Competition event $21,000 was raised to benefit the will be pre-sold, with only 850 Delicious food from 30 of Sarasota's Realtor Affordable Housing Fund. fortunate ticket holders, so get your most popular restaurants, cooking Watch for a special Sarasota Herald- demonstrations, live musical tickets today to enjoy the delicious Tribune Taste of Sarasota tabloid entertainment, quality local crafts, food, fun and excitement! insert in your Wednesday, Oct. 19 local attractions like Jungle Gardens, a Local chefs will create signature newspaper! The insert will include a children’s area, Ice Carving, the high- dishes for a chance to showcase their wide assortment of great information restaurants and own talents. Guests at stepping Cloggers, the ever popular Continued on page 28 Hurricane Katrina relief effort brings out best in real estate community The recent devastation brought by Hurricane Katrina to are in a position to assess their immediate needs with far the Gulf Coast region has produced an unprecedented better accuracy, placing funds quickly and where they are outpouring of concern and charitable contributions needed most. from the real estate community – locally, statewide By mid-September, Realtors® had collectively donated and nationally. almost $8 million toward relief efforts for Hurricane Here at home, the Sarasota Association of Realtors has Katrina victims, in addition to the industry's donations of helped raise more than $40,000 toward the massive effort goods and services and countless hours of aiding in by matching contributions from local Realtors up to temporary housing efforts.
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