Northwest Florida Real Estate Information

Panama City and Panama City Beach Real Estate Blog

REALTOR vs Real Estate Agent - What's The Difference?

talk to a realtor

Time to Sell Your Home?

It is time to sell your home, and you made the right choice to list with a professional in the real estate industry. As you begin interviewing prospective sales agents in your market, be sure to ask them if they are a Licensed REALTOR® or a Licensed Real Estate Agent.

Will this make a difference to you in the selling of your home? Let's compare it to the choice between using a Medical Doctor, MD versus a Nurse Practitioner, NP, for your healthcare.

They both may be able to order tests and write prescriptions for you, which depending on your illness, both would suffice. The difference would be in the training, experience and the extent of care they are able to provide.

The same goes for using a REALTOR® versus a Real Estate Agent to represent you in the negotiations of buying and/or selling of Real Estate.

What is the Difference Between a REALTOR® and Real Estate Agent?

The terms “REALTOR®” and “real estate agent” are used interchangeably by consumers. It seems not shared widely enough by those in the industry that there is a distinction between the two. Both the real estate agent and the REALTOR® must be licensed to sell real estate. 

A Real Estate Agent

A real estate agent is anyone who is licensed to represent a consumer in real estate transactions. They may be an agent as a salesperson, an associate broker, or a broker...

Advantages of Buying a Second Home

Buying a Second Home

So...you have some equity built up or finished paying for your primary residence and you are wondering whether it makes sense to buy a second home. Many people who buy a second home use it as a vacation spot but there are several other advantages that come with owning a second home.

Second Home as an Investment

The first is that it is an excellent form of investment. Stocks and other such assets fluctuate in value all the time and you can never be sure that you will make a profit. A home, however, is an investment that you can rely on to increase in value over time.

If you have a long term project, such as sending your kids to coledge, you can buy a second home so that when the time comes you can cash in for the necessary funds.

As a Source of Extra Income

A second home is also an excellent way to make money every year. Many people who buy condos in Panama City Beach are purchasing them for this reason.  Vacation Rentals in PCB are very popular. 

You can rent it out or lease it for a good amount of money which you can use to fund your other projects. If you plan to use it as a vacation home you can plan it in such a way that during the time you want to go on vacation the home is empty.

 

For Tax Savings

If you don't plan to rent out your second home you will also have significant tax savings. So long as the home is not occupied for more than a couple...

How Color Makes A Difference When Selling Your Condo

selling your condo with color

Choosing Colors When Selling Your Home

The color of the paint you choose can make a huge differnece on how much your condo in PCB will sell for.  In the most extreeme situations, it can even play a role in a condo not selling at all.

Choosing Paint Colors When Selling

Choosing the paint colors when you’re getting ready to put your condominium on the market is a more important decision than you think. When buyers are looking at the newest condos for sale, their first impression of the unit can make all of the difference.  Color makes a big impact on buyers and can serve as a powerful tool for attracting prospective bidders.

When you think of the word “home”, you think of safe and cozy right? REALTORS usually recommend white, tan and gray shades for the exterior, leaving potential buyers with a more positive vibe.

Unlike condominiums, blue houses are very popular, even red houses can work if its used in small doses. Overall, any neutral or traditional color is best to use if you’re planning to repaint your condominium before...

Need Roof Work? Read This First!

Choosing a Roofer

With all of the recent hurricanes and storms, there will be thousands of new roofs and roof repairs done over the next six months.

Combating the Elements

Even if a storm didn’t produce a torrent of rain or volley of hail, wind alone can cause enough damage to your roof to warrant repair or replacement. According to the National Weather Service every thunderstorm has a straight-line burst of wind and at 50 to 60 mph, you will start seeing damage to homes such as trees toppling, downed power lines and debris blown from other homes that can cause enormous damage to your home.

Roof Damage From Storms

After a storm, check your roof for any damage incurred wind, hail or objects flying through the air. Document any problems with pictures if possible, so when you contact your insurance company or, in the case of a natural disaster such as the ones that recently happened with Harvey in Texas and then, Irma in Florida, FEMA, you will have documented evidence of the damage done to your home.

In Panama City Beach

We anticipate many roofs in need of repair after Hurrican Irma.  As with any major storm, we anticipate changes in Panama City Beach Real Estate as some homes will be in need of repair and some condos in Panama City Beach will requrie a special assessment to complete the need work. 

Assessing...

5 Things First Time Condo Buyers Need To Know

5 Things First-Time Condominium Buyer’s Should Know

 buying a condo

 

Condominium Confusion 

 

When Buyers are looking to buy their first condo in Panama City Beach, whether you are downsizing, moving a child to college, or just want to own that perfect beach getaway, are certain things you NEED to know.  

Many buyers are confused between the real differences between buying a Condominium, a Townhouse or a Duplex.  You will hear Lenders, Appraiser’s, Inspector’s & REALTOR®’s using the shortened term “Condo” when referring to a Condominium.  Do not let the shortened term lead to believe the buying process of a “Condo” is any less complicated, if not more so than buying a Single-Family Residence.

Investing the time to do your research, and hiring a REALTOR® with a specialty in condos will simplify the process in terms to type of ownership, financing options and fees.

 

  1.  What is a Condominium...

Strategies For Selling Your Panama City Beach Home

Selling Your Panama City Beach Home

Selling your panama city beach home

Make Your Home Stand Out

The Panama City Beach housing market is full of homes for sale and the competition is allowing homebuyers to be a bit more choosy in the homes they buy. Although there are a lot of DIYers out there just looking for a fixer upper, the majority of homebuyers want a finished product.

Buyers are looking for the best and you could easily be missing a large number of your market if your home is not in pristine condition when you put the for sale sign in the yard.

Upgrades do not have to be expensive. There are a lot of simple things that you can do to make your home look beautiful and have it ready to wow potential buyers.

Make a Good First Impression

Curb appeal is crucial to make a good first impression. How your home looks when a buyer drives up can make or break a sale. If it’s too run down looking some may not even bother to stop, so make sure your home's lawn is immaculate. Mow the lawn, prune the bushes, weed the garden and plant flowers.

A cluttered exterior can make buyers think that there might be problems with the interior maintenance as well. Be sure to clean the gutters and pressure wash the outside including the siding, walkways and driveway.

What Would You Want to See?

If you want to ...

Tips For Selling a Home in #PCB

Tips For Selling a Home in Panama City Beach

Whether you are looking to upgrade to a luxury beachfront condo, downsizing because the children have went off to school or just because...if you are thinking about selling your home in #PCB, we have some tips to get you started!

Getting an Idea of Your Home's Value

The first step in selling your home or condo in #PCB is to get an idea on the value of your property.  Property values change all the time and for a variety of reasons.  Because of that, even if you have had an apprasal done last year, you need to get your NEW value.

For many, the first step in getting your condo's current value is using an Automated Valuation Model (AVM for short).  These are computer generated home values that use an alorithm to come up with what your home is worth.  The most popular of these is Zillow's Zestimate.

The problem with this well known AVM is they are very inaccurate. One of the biggest challenges with the Zestimate is that it does not pull sold listings from the MLS or Multiple Listing Service. Although Zillow may have a portion of the Active listings (our Property Search actually has ALL active listings), uploaded by Panama City Beach REALTORS, they do not get any sold data.  They rely on public records to try and figure out your condos value.  ...

9 Tips For Buying a Condo in Panama City Beach

Panama City beach Homes

Buying a Condo

Have you ever imagined selling your home and starting a venture in a new city? What about living ocean-side in Panama City Beach, Florida?

It’s a much easier thing to accomplish than imagined! 

Purchasing one of the condos for sale in Panama City Beach, whether it be for the first time or the fifth time, is such an exciting experience! But with a new terrain, there are a few things you need to make sure you acknowledge before settling down on your location.

 

Here are a few tips for your condo purchase:

 

  1. First things first: Find an agent who is very knowledgeable about ocean-front condos. There are very many agents up and down Panama City Beach, and some may have a specialty on ocean-front, while others are more inland. Get a REALTOR who specializes in Panama City Beach Condos.  Make sure that you are very realistic when it comes to these “good deals.” They are good deals for a reason. Make sure to inquire about ocean conditions or any issues the previous owner may of have. It wouldn’t hurt to ask locals or neighbors about certain locations as well.

  2. Trust your gut. You may...

Panama City Beach Vacation Rentals

Vacation Rentals in Panama City Beach

With vacation rentals, guests can plan their ideal getaway by selecting a home away from home that has everything provided in a location that suits them.

Many Condominiums in Panama City Beach become rented out as vacation rentals.  Many of these are waterfront properties often provide more space, privacy and convenience than even the most luxurious hotels on the beach.

Panama City Beach has over 17,000 condominiums, many of which are rented out continuously as vacation rentals.  With Panama City Beach being on of the most sought after tourist destinations in Florida, condo owners can grow equity while creating some monthly cash flow. Needless to say, if you are the owner of a vacation rental on the beach, you always have a luxury getaway as your personal vacation spot. 

Looking To Purchase a Condo In Panama City Beach?...

Edgewater Beach Resort - Directory of Security Retires

Edgewater Beach Resort - Director of Security Retires


Edgewater Beach Resort - Directory of Security Retires

Jack Vitello retires as Edgewater Beach Resorts' Director of Security after 33 years. Jack has been an asset to everyone that owns a condo at Edgewater. Jack was tough when required but he was also generous, sincere, and all-around a great person. We're going to miss you Jack!  

The position will be filled by Tim Lane. Tim is a seasoned veteran of the Spring Break Wars, having worked with Holiday Inn family of hotels, is very familiar with the area, the city officials, and the Beach Police Department. Hopefully he will not have to use the latter connection very much. Tim has also served in the Air Force and has seen duty in Operation Desert Storm and other combat areas of the world. We thank him for his service and look forward to working with him for years to come. 

...

Panama City Beach Condo Financing.

                

           When you’re looking for Panama City Beach Condos, there are many things to contemplate. The process of finding the right condo for you can get tedious, or time consuming. You come to Panama City Beach on vaction to look at condos. After considering all of your options, you finally decide on a resort you want. It’s perfect for you. You are about to write an offer, and you even tell your family back home about the condo that’s soon-to-be yours. The next day, your Realtor calls. He says that financing at the condo you’ve been looking at for the past four days isn’t even an option. What? Why are you just now finding out about this? You could have been looking at other condos the last few days while you were here. Why didn’t your Realtor know that financing would be an issue?

            There are two well-known condos that aren’t available for financing and there are five other newly-built condos that require a 50% down payment to secure financing. Your agent should have known about them. Choosing a knowledgeable agent is just as important as choosing the right condo. Make sure you’re making the correct choice.

...

Edgewater Beach Resort Open House

Edgewater Open House Announcement by Chad868

...

Best Condo Deals in Panama City Beach

Best Condo Deals in Pamama City Beach

Displayed below, are 16 of our favorite condo deals currently on the market in Pamama City Beach, FL. We understand searching for condos for sale in Panama City Beach is a little challenging. So we have spent hours researching and searching the MLS for the best condo deals for you. 

To receive additional information about any of these Panama City Beach FL real estate listings, just click the "Request More Information" button located on the detail page of each property. We can provide you with past sales history, disclosures, dates and prices of homes and condos recently sold nearby, and more.

And, for your convenience, register for a free account to automatically receive email alerts whenever new homes and condos hit the market in Panama City Beach, FL, that match your specific search criteria.

...

Long Beach 2 Bedroom Sale History

...

List of Foreclosure Auction Websites

Where can I find foreclosure auction websites? 

Below is a list of most popular foreclosure auction websites. Stay tuned for future posts relating to each site listed. We will discuss import information buyer need to know about contract terms, how to avoid auction pitfalls, and auction bidding stratigies. 

...

2357 Foxworth Dr. Panama City, FL 32405

House for Sale

2357 Foxworth Dr, Panama City, FL 32405

One of Panama City's must-see stunning canal front estates with almost too many features to mention. This traditional style home located in Kings Point boasts a total of 4 bedrooms and 3 baths, with two master suites (one up and one down), a bonus room upstairs you can make into an office or den or craft room, or whatever suits your fancy, and lots of newer gorgeous hardwood floors leading you from one amazing room to another. The tiled kitchen boasts granite counter tops and a cozy breakfast nook nestled in a sunny bay window. You also have a formal dining room to go with your formal living room, and a family room complete with brick fireplace. The sellers have made it very convenient to have successful pool parties with a game room located right next to the pool equipped with a full bar, refrigerator, grill, icemaker, and kegerator. Beautiful landscaping and a acre lot with a covered front porch make for a nice spot to sit and relax with your favorite beverage after a long day. Or, if you'd rather be on the water, boat dock w/lift await you in the back yard. Take your boat down the canal that accesses St. Andrews Bay, the Gulf of Mexico and the Intercoastal waterway. All in all, this lovingly maintained waterfront home in Panama City has just about everything you could wish for, and once you've seen it, you'll want to make it yours.

...

Bay County Real Estate Sales Improve

According to the Bay County Association of Realtors (BCAR), real estate sales have continued to improve in 2014, with a 16.4 percent increase in closed sales for the first quarter of 2014 while the second quarter showed a 6.8 percent increase. In June of 2014, closed sales were up 11.7 percent followed by a 25.5 percent increase in July. The average days on market for listings is down; another important indicator of the overall strength of the Panama City Beach real estate market.

If you are looking to sell your home or condo and have questions, feel free to contact us. And, if you would like to find the estimated value of your Panama City Beach home or condo, click here for a Competative Market Analysis (CMA).

...

Tips to Save Energy and Add Value

When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home.

1. Begin with a Right-Sized Home.

If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset. 

2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave.

And especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home. Also, unplug electronics not in use or turn off power strips to avoid phantom charges. 

3. Install Efficient Lighting Such as Compact Flourescent (CLF) or LED Bulbs in Every Fixture.

Lighting accounts for about 6 percent of an energy bill each year.

4. Get an Energy Audit and Have Tests Performed to Identify Ways of Improving Your Efficiency.

You can always upgrade your heating, ventilation, and air conditioning (HVAC) system as well as your thermal envelope, which includes insulation, windows, and doors  and the seals or weather stripping around them. Visit energy.gov/energytips for more tips.

...