Are You Stuck in a Real Estate Time Warp?

Evolution is a slow process in any industry and real estate’s technological evolution is no different. For many years while working as the IT Director as well as the technology support manager of the Real Estate business at Re/Max Alliance Group in Sarasota, FL, I worked toward creating an online system that would allow clients to able to sign and initial contact documents to avoid multiple reprinting, faxing, and the time delays associated with all the back and forth. Today, several large organizations have produced web based secure software that allows us to have documents electronically signed via email. Today, Re/Max Alliance Group uses such a software package.

I was in the computer world as a programmer before there were hard drives and ‘mice’ and know better than most that technology is a catalyst for change in most industries.  The real estate industry, in particular, has undergone major changes over the past 10 or more years and shows no signs of slowing down. While the basics of selling real estate haven’t changed, the tools used to do it have. Because of these tools, you and I can access virtually anything, or anyone, from a smart phone or tablet. I can complete paperless transactions from wherever I am. Gone are the days of being tied to an office or desk. Gone are the traditional ways of buying and selling property involving a land line and a fax machine.

Using this technology, I am able to get all parts of a purchase contract negotiated between a seller in Sarasota, FL and a buyer in, for example, Bombay India in 1 day! Without this system, that would have required hundreds of dollars in FedEx fees and several days, to say nothing about consuming a sizable chunk of a tree!

If you are stuck in a time warp and are leery of doing transactions online, worry not! The idea of paperless real estate transaction technology is obviously not brand new. It has been in the industry for a decade following the Electronic Signatures in Global and National Commerce Act and the Uniform Electronic Transaction Act. Both acts were passed to ensure that paperless real estate transactions signed electronically were legally binding. I will go into this further in a future Blog.

In spite of all this technology, the real transaction happens because of the personal communication between you and your Realtor. If you have questions about using these services feel free to call me at 941-315-1185. And...if you are looking to buy or sell your home in Sarasota, FL, my hometown, definitely call me!

Hometown Englewood, Florida

My wife and I spend a lot of time enjoying quiet, long weekends on Palm Island in the Englewood, Cape Haze, Florida area. Over the past 10 years of spending time there, we have fallen in love with Englewood and the surrounding areas. Growing up in Sarasota, I remember the quiet streets and long stretches of beach here with very few people and I think this is why we love visiting Englewood. As a life-long Sarasota resident, Englewood reminds me so much of Sarasota in the 1950’s. The population then was just under 19,000. The population of Englewood now is just under 15,000, hence ‘that feeling’ I get! 

Englewood was originally planned as a “grove town”. In 1896 the original platt for the town of Englewood was recorded by the three Nichols brothers. They had purchased almost 2,000 acres bordering on Lemon Bay and had grandiose ideas for a planned community they named for their hometown outside of Chicago. Englewood was to be a thriving Florida “grove town”. The Nichols brothers aimed for a lemon growing area since lemons were in high demand for treating scurvy and influenza, both serious health threats at the time. Lemons then were very costly because they had to be imported mostly from Spain so the Nichols saw good profit in their production. The entrepreneurs’ game plan was to sell residential acreage, on which to build homes, for $30 an acre. But the buyer had to agree to also buy another 10 acres of grove land on which to grow lemons. Everyone was to make money, the Nichols brothers on their real estate sales, the buyers on the lemons they would produce. Many small citrus trees were actually planted in the area. Everyone agreed it was grand scheme except Mother Nature. Severe back-to-back freezes killed all the immature lemon trees that had been planted. The lowest temperature recorded was 14 degrees.

With the failure of the groves the Nichols brothers quickly changed their plans and started promoting Englewood as a resort area featuring excellent hunting, fishing and water activities. Englewood became one of the first winter resort spots in Florida. The Nichols built a beautiful upscale hotel complete with a ballroom overlooking Lemon Bay catering to wealthy and adventurous tourists. Several well-known people of the day came to visit but the success was short lived. The Englewood Inn burned to the ground in 1909. That left no place of proper elegance for the kind of visitors the Nichols brothers had been attracting. Besides, getting to Englewood was extremely difficult. As train lines became more common in Florida it was easier to go somewhere else; after all, these early tourists were the kind of people who had their own railroad cars. So ended the Nichols brothers’ dreams of a grove town and then, a wealthy northern tourist trade for Englewood. The only citrus legacies the area has been left with are the two beautiful names; Lemon Bay and Grove City. In Sarasota history, there was a similar theme to the history - The Higels hotel burned down in 1917…it one of his biggest investments was the town of Siesta Key. 

But as we all know today, both areas are thriving resort towns. But the Englewood area still has that wonderful, small-town flavor and I always enjoy showing property there. With regard to real estate, Englewood, and the surrounding areas of Manasota Key, Placida and Cape Haze are typically more affordable in the luxury home market. Now that I have gotten to know the Englewood area well, I have also expanded my real estate business into the area. So…if you are looking to buy or sell a home in Englewood, Cape Haze, Placida, Manasota Key or Casey Key, Florida, contact me and I will show you a delightful, quiet, beautiful beach town with beautiful, waterfront homes.