The Sandberg Team @ Ponte Vedra Key Realty
Real Estate Sales & Service in Nocatee, Ponte Vedra & Jacksonville, Florida
Wondering how the housing market fared in Nocatee in July? Take a look at the stats:
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Ponte Vedra, FL, May 31, 2022 – Amy Capo, broker/owner of St. Augustine Key Realty, and Kim Sandberg, team leader at The Sandberg Team, have joined forces to create Ponte Vedra Key Realty. Amy Capo serves as broker/owner of the new brokerage, while Kim Sandberg will lead day-to-day operations, including agent recruitment, management and support.
“Kim and I have been colleagues in real estate for more than 15 years, and we share the same vision for providing our customers with a higher level of profession insight, expertise and service,” says Amy Capo. “It only made sense that we team up to make that vision a reality with Ponte Vedra Key Realty.”
“Amy and I have not only closed transactions together, but we also earned our Florida Real Estate Broker Licenses together,” says Kim Sandberg. “With all that shared history, it’s clear that our values and approach to the business are very much aligned.”
Ponte Vedra Key Realty officially opened as of May 13, 2022, and is already delivering on its mission to provide customers with a more streamlined, professional and service-oriented approach to real estate. If you’re ready to buy or sell a home in northeast Florida, or you’re an experienced agent seeking a different type of brokerage, contact Kim Sandberg at (904) 703-4715 or Kim@kimsandberg.com.
Zillow jumped into the direct home buying space in 2018. The company joined a number of ibuying startups like Opendoor and Offerpad. But recently, the company announced it would shutter its Zillow Offers direct home buying division.
Buying and selling homes directly certainly seemed like a smart play for the company. Zillow has strong awareness among consumers, and a trove of homes sales data gleaned from public records, Multiple Listing Services (MLSs) and user-submitted information. These data are what make up the company’s ubiquitous Zestimates, its proprietary automated home valuation model. We can only assume these Zestimates were the primary data point being used when the company made an offer to purchase a home.
Sounds like a slam dunk for Zillow. So what went wrong? A couple of assumptions:
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As the world continues to adapt to the pandemic, home buyers and sellers are doing the same. We’ve already seen real estate agents pivot to more virtual showings and virtual tours. But, ultimately, buyers will need to see a home they hope to purchase in person. Which means sellers must be ready to open their homes to strangers, which can feel counterintuitive during these times.
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The coronavirus is having a big impact on real estate–and every other industry–around the world. What’s happening locally, here in northeast Florida? Let’s take a look at a few current data points that help tell the story.
Suspending Open Houses
realMLS, our local Multiple Listing Service (MLS) here in northeast Florida, is temporarily disabling the Open House feature in our MLS system. This means open houses will not be officially marketed via MLS, nor will they automatically appear on syndicated websites such as Zillow, Realtor.com, this website and the like.