FIVE STAR Best in Client Satisfaction Award

Thank you to all my clients and fellow real estate professionals that have honored me with the FIVE STAR Best in Client Satisfaction Award in the Sarasota and Lakewood Ranch area. A FIVE STAR Professional is someone who has scored highest in overall satisfaction, through independent research of the FIVE STAR Program. Only 7 percent of professionals earn this award. The FIVE STAR Award is the only one of its kind that incorporates both client and industry professional evaluations. This collective approach to identifying service professionals is unique in the marketplace and specifically designed to help consumers identify professionals who have scored highest in overall satisfaction. The FIVE STAR Program is managed by Crescendo Business Services, LLC of Eagan, Minnesota, which owns the licensing rights to this award.

~Randy

Merry Christmas from The Jim Soda Group!

Hello Friends!
I hope you enjoyed your Thanksgiving and have now recovered from over-eating It's now time to shift gears, and we talk to so many people that are discouraged by the news, stock market and other media that we thought it was a good time to take a moment for a good laugh (at our expense). Click on the link below, and then create one yourself and pass it along; laughter is contagious!!

http://elfyourself.jibjab.com/view/FrGWzFlyqJroFl6h2dfT

On a serious note, if you need any assistance in your home selling / buying process in the Sarasota or Lakewood Ranch area, or simply would like someone to bounce ideas off of, we are here for you. Don't hesitate to give someone on the team a call.
Enjoy the season, those around you and make sure you take time to laugh!!!

Happy Holidays!

Randy and the Gang
The Jim Soda Group
http://www.jimsoda.com/

Real Estate Term You Should Know

MARKET PRICE - The price paid regardless of pressures, motives, or intelligence.

New Listing: 8309 SAILING LOOP, LAKEWOOD RANCH FL. 34202

Breathtaking long lake view of Lake Uihlein and kayaking docks. Gated Community. This 4 bedroom, 3.5 bath home also offers upstairs bonus w/huge walk in closet, can be 5th bed. Upstairs has balcony w/that stunning lake view! Tile throughout on diagonal, formal dining, formal living, surround sound/nanny cams & built-in media center. Kitchen has lovely wood cabinets, gas range, granite and island. Huge master suite w/jetted tub. Laundry has sink and cabinets. Lots of closet space! Heated pool w/spill over spa. 3-car garage. Walking distance to LWR's Main Street. Docks allowed. Virtual Tour: http://www.visualtour.com/shownp.asp?sk=13&t=1646733 . List Price: $600,000. Call me for more information or to schedule a private showing.

New Listing: 7516 Abbey Glen, Lakewood Ranch, Florida 34202

Enter this home & be immediately captivated by its private lake & preserve view. Spectacular sunsets! This 4 bed/3bath home is just less than 3300 sq ft. Upstairs retreat w/own pavered balcony. 18 in. tile on diagonal throughout, crown molding, 42 in. wood cabinets, gas cook-top, large pantry, intercom & kitchen desk. Gathering room w/built-in media center & custom Wayne's coated ceiling adds charm & detail. Large master w/double tray ceiling & lots of closets w/lovely bath. Home has 3 air handlers. Large lanai offers salt pool/spa w/brick coping and summer kitchen & of course that view! List Price: $899,000. Virtual Tour:http://www.srqvt.com/7516abbyglenvt.html. Call me to schedule a viewing or get more details.

New Listing: 15106 SUNDIAL Place, Lakewood Ranch, Florida 34202

Lee Wetherington home offering 4 bedrooms with own private baths+pool bath. Amazing kitchen finishes including 42" cabinetry, granite, center island & cook top. Stepped ceilings, crown moldings & tile throughout. Den w/view. Spacious upstairs media room perfect for movie night. Master w/sitting area, vanity, sunk in tub & glass block shower. Warm colors & gorgeous lighting package accompany this newer home. Enjoy peaceful Florida evenings by your pool/spa overlooking lake & preserve view. Full summer kitchen add convenience & style. Lovely family home on a very private lot. MLS#: 385571 Price$778,000

Virtual Tour: http://www.srqvm2.com/15106sundial/slide.html

LAKEWOOD RANCH SALES - They look good

During the first five months of 2008, average sales prices in Lakewood Ranch increased by 4.5 percent, and median sales prices held almost steady over the same period last year. The average selling price of residential homes, as reported through the Sarasota Multiple Listing Service, rose from $582,975 in 2007 to $608,585 in 2008 in Lakewood Ranch. Median selling prices held almost steady at $432,500 in 2007 compared with $442,500 in 2008. The standing inventory of listed single-family homes is 363, compared with 424 at the end of 2007.

Featured Property of the week: 6911 Belmont Court, Lakewood Ranch, Florida 34202

Stunning John Cannon Allora VIII 4 BR/4BA Model Home with exquisite details. Custom porcelain floor design throughout. Office w/full wall built-ins. Huge bonus room w/raised area, perfect for weekend card games. Formal dining and living w/large wet bar. Spacious combo family room, w/fireplace & basket weave ceiling. Kitchen is dynamite w/granite & ctr island. Master features gigantic spa tub. Every room has unique custom features. You will take your time in this home to appreciate each detail. 550 sqft pavered lanai w/summer kitchen, lake view and plenty of luxurious living space. Call Randy if you have any questions or would like a private showing (941) 586-9635.

Virtual Tour: http://www.vr24.net/srq.php?mls=318914

Sarasota and Lakewood Ranch Polo?

Did you know Lakewood Ranch is home to the Sarasota Polo Club where the best players from around the globe compete on nine of the finest polo fields in the world? Come experience the thrill of watching the “fastest game on four feet” Sundays from December through April. Become part of the pageantry and excitement of the oldest organized sport in the world!
The Sarasota Polo Club's 130 acres of manicured fields, clubhouse and open air pavilion are also available for both indoor or tented sporting events, business meetings, weddings, parties and other special occasions.
For more information, visit www.sarasotapolo.com or call (941) 907-0000.

Community Event at Sarasota Polo Grounds - Lakewood Ranch

Paws in Motion
Walk-A-Thon

WHO:
All animal lovers and their pets who want to raise money and have
fun doing it – Individual walkers, business/organization teams, family
teams…all are welcome!

WHAT:
Leisurely 1 mile dog walk, booths, entertainment, games
and contests.

WHERE:
Sarasota Polo Grounds
8201 Polo Club Ln.
Sarasota, FL 34240
(Take University Parkway east of I-75,
then south/right on Lorraine Road)

WHEN:
Saturday, May 17, 2008 (Rain or Shine)
Registration opens at 8:15 am, Walk-a-thon begins at 9:15 am

HOW DO I SIGN UP?
Visit www.humanesocietymanatee.org/pawsinmotion.asp for more
information and to download walker/team materials. E-mail walk@humanesocietymanatee.org if you have ~any questions.

Lakewood Ranch is Certifiably Green

Since 2005, every new village in Lakewood Ranch Florida is being built “green.” What this means, is that these new Lakewood Ranch homes now incorporate building products and techniques that result in a healthier, more energy-efficient, and environmentally responsible home. In addition, every home is certified by the Florida Green Building Coalition’s Green Home Standard.

As one of the largest green communities in the country, Lakewood Ranch appeals to buyers who want to do their part to lessen their homes' impact on the environment. The development works with 22 builders, all of whom are green-certified.

For a Good Time Call ...or Click

Top 10 fun things to do in the Sarasota - Lakewood Ranch area
1. The John and Mable Ringling Museum of Art
5401 Bay Shore Rd. Sarasota, FL 34243 #941-359-5700 Website
This treat for the senses includes the amazing Museum of Art, the State Art Museum of Florida, with 21 galleries of internationally known European, American and Asian art; the Venetian-Gothic Cà d?Zan mansion overlooking Sarasota Bay, winter home of John and Mable Ringling; the historic 66-acre grounds and gardens, two Circus Museums including the Tibbals Learning Center and the Historic Asolo Theater.
2.Marie Selby Botanical Gardens
811 S. Palm Ave. Sarasota, FL 34236 #941-366-5731 Website
Explore the world's most spectacular display of rare orchids, bromeliads and tropical plants in this 9.5-acre oasis on the shores of Sarasota Bay. Gifts, plants and books at the Garden Shop and the Banyan Treasures store in the historic Selby House. Café on premises, poison dart frog exhibit, free-range butterfly garden and ever-changing botanical art and photography exhibits. Group rates for 20 or more. Allow two hours viewing time.
3.Mote Aquarium
1600 Ken Thompson Pkwy., City Island Sarasota, FL 34236 #941-388-4441 #800-691-MOTE Website
Explore the secrets of the sea from the smallest critters to top predators. Both entertaining and educational, this unique attraction showcases Florida's fascinating marine life and the world-renowned research of Mote Marine Laboratory. Viewable, working laboratories offer a rare glimpse of marine science as it's unfolding. Exhibits include a shark habitat, dolphin, manatee and sea turtle exhibits, stingray touch pool and interactive HD theater. Open 365 days a year 10 a.m. - 5 p.m.
4.G.WIZ - The Hands-On Science Museum
1001 Boulevard of the Arts Sarasota, FL 34236 #941-309-4949 Website
Discover the cool side of science with 85 hands-on exhibits the whole family can explore together.
5.LeBarge Tropical Cruises
Highway 41 at Marina Plaza (downtown)Sarasota, FL 34236 #941-366-6116 Website
Enjoy a narrated Sightseeing Cruise combining Sarasota?s abundant wildlife, a bit of history and spectacular shoreline homes or a Dolphin Watch cruise narrated by a marine biologist. Sunset Cruise featuring live entertainment, dancing and a fabulous gulf sunset. Two full cash bars and a light menu available. Reservations recommended.
6.Red Barn Flea Market
1707 First St. E.Bradenton, FL 34208 #941-747-3794 #800-274-FLEA Website
One of Florida's most popular and progressive flea markets. Now with 80,000+ sq ft of air conditioning. 600+ unique retail shops and flea market-style booths. Enjoy family fun, bargain hunting, antiques, collectibles, jewelry, fresh produce, souvenir shopping and a great variety of delicious foods. Watch our Web site for exciting events; our Birthday Bash and antique appraiser in the summer. Free roaming peacocks live in oak filled site. Free admission, parking.
7.Sarasota Jungle Gardens
3701 Bay Shore Rd. Sarasota, FL 34234 #941-355-5305 #877-861-6547 Website
Have you ever seen a cockatoo ride a bicycle atop a high wire? The area's only zoological garden, this wild jungle is a natural paradise with more than 75 species of animals, birds, reptiles and thousands of exotic and native plants. Within ten acres of winding jungle trails and interactive show arenas, visitors can pose with a parrot, hand feed a flamingo and come face-to-face with alligators and crocodiles. Stop off at the Flamingo Cafe for refreshments and hit the trails again.
8.Circus Sarasota
8251 - 15th St. E. Sarasota, FL 34243 #941-355-9335 Website
Known as the "Circus Capital of the World," Sarasota is home to an amazing one-ring, five-star international circus. The Sarasota Herald Tribune calls the show "impressive - sends your mind soaring!" Join the thousands of people who have witnessed the magic of Circus Sarasota. International circus stars will amaze and astound you. Affordable family entertainment at its best.
9.St. Armands Circle
300 Madison Drive, Suite #201 St. Armands Circle, FL 34236 Web Site
St. Armands Circle is an enchanting circle of fine shops and gourmet restaurants. There are more than 150 stores located on this renowed Key and you can spend the day exploring the shops and relaxing in the restaurants. St. Armands Circle is located on St. Armands Key - just south of Longboat Key and west of Sarasota.
10.Siesta Key Beach
Siesta Key Chamber of Commerce 5118 Ocean Boulevard Siesta Key, FL 34242 #866-831-7778
There's always something to do at Siesta Key Beach, and it's within easy walking distance of the many shops and restaurants in Siesta Village. Come to enjoy the day or evening, and be sure to stop by the “Drum Circle” on Sunday evening, a theatrical feast for the eyes and ears as sunset falls on another perfect Siesta Key day.

Lakewood Ranch Resident Dick Vitale

Interesting Area Factoid:

One of Lakewood Ranch's more famous resident is Dick Vitale, who is entering his 28Th year as ESPN's high-energy college basketball announcer, does most of his work from his 12,000-square-foot home in Lakewood Ranch.
Dick is not shy about boasting about his Lakewood Ranch home. "My home was the best decision I ever made. My heart is there, and I just love it," says Vitale. "I struck gold."
He spends most of his time in the home's office and 1,200-square-foot cinema-style theater, which has eight leather chairs, a 135-inch screen, and doubles as the production studio for his ESPN broadcasts. "It's a combination of luck and a lot of hard work, and I've been very lucky. I only wish my parents were around to see me today, because they would go wild."

Real Estate Ramblings...Short Sales?

Short Sales - What are they and what does it really mean.

Short Sale Listings: In instances where the listing broker becomes aware that the listing price may not be sufficient to permit seller to fully satisfy all encumbrances and pay seller’s closing costs, including the listing broker’s offer of compensation, the listing broker may:

(1) Obtain seller’s informed written consent (in either the listing agreement or an addendum thereto) to disclose the Short Sale Circumstance to cooperating brokers, buyers and the public;

(2) Clearly and promptly disclose the Short Sale Circumstance to all cooperating brokers and, when and if appropriate, disclose that the sale of the listed property may be conditioned upon the approval of a court, a lender, or other third party. Such disclosures may occur at any time, but it is suggested they occur at the time of MLS input, if known, or within one (1) business day upon receipt of knowledge. Such disclosure may be included in the “Realtor Only Remarks” and the “Public Remarks” Sections of the listing. If after the initiation of negotiations the listing broker receives knowledge of the existence of a Short Sale Circumstance, or that the sale of the listed property may be conditioned upon the approval of a court, a lender, or other third party, then such disclosures may be made in writing in the “Realtor Only Remarks” and “Public Remarks” Sections of the MLS listing and in either the Contract for Sale and Purchase or an addendum thereto. This disclosure must be word-by-word and disclosed at the time of input, if known, or within one (1) business day upon receipt of knowledge.
“Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of Property at full listing price may be conditioned upon approval of third parties. Call for details.”
An offer of compensation to cooperating brokers which states that it may be adjusted after execution of a contract for sale and purchase by a third party without the consent of the cooperating broker, is not an unconditional offer of compensation under these rules.
Contracts which are subject to approval by a court, lender or other third party must be reported as “pending” consistent with Article 4 Section 15 of these Rules.
If you have any questions please email or call me. As you can see our position is disclosure and that the coop compensation to the Selling Broker can't be negotiated down by the Listing Broker's office. Fact is a third party is not a party to the contract and can't do that either. The offer of compensation is Unconditional. The third party approval is nothing more than a contingency like any other contingency that needs to be met by the contract terms.
If the third party does not accept the offer as presented they will counter to the listing broker as to what they will receive and just like a price adjustment is made to a contract if the property does not appraise then the contract price is increased to meet the cost of selling the property. The buyer can then accept or reject the counter not unlike the seller can accept or reject the lowering of a price to meet the appraised value.

I hope this helps....