Michael Saunders & Company Ranks Among the Nation’s Top Brokerages

Out of the top 500 real estate brokerages nationwide, Michael Saunders & Company was ranked at #70 in terms of sales volume and #96 in terms of sides of transactions.  REAL Trends, a leading authority on news, research and information about the real estate brokerage industry, recently announced these results in the REAL Trends 500 report, an independently verified compilation of the nation’s leading residential real estate companies.

It is important to understand two factors about this report.  First, in order for a brokerage to qualify for REAL Trends 500, that brokerage must close a minimum of 500 residential transactions sides (either buyer or seller) over and above the previous calendar year. Second, this compilation only includes the sales of residential homes; leases, commercial property sales or vacant land sales are not taken into account.

To give a better perspective on what this report means for the nation’s top brokerages, Steve Murray, president of REAL Trends states that while “housing sales in the nation were up 4.9 percent in 2016 from 2015…the REAL Trends 500 firms were up 6.6% in the same period.” This marks the third consecutive year that the nation’s largest brokerage firms gained market share and further demonstrates that “America’s largest brokerage firms have figured out how to grow their share in all kinds of markets.”  In other words, whether a buyer or seller market; a slow or hot market, the agents of the REAL Trends 500 firms are stepping up, conquering challenges, and closing the sales! 

As a company, we are always honored to be recognized nationally; however, we are just as honored to be recognized locally.  When REAL Trends compared our firm with others in the Sarasota real estate market, Michael Saunders & Company showed a strong lead both in the number of transaction sides and sales volume for 2016. 

Sarasota County
COMPANY 2016 Sides
Michael Saunders & Company . . . . . . . .  . 5,857
RE/MAX Alliance Group . . . . . . . . . . . . . . . . . . . 4,470
Coldwell Banker Residential Real Estate/NRT . . 4,368
Keller Williams Sarasota Lakewood Ranch . . . . . 1,953
Premier Sotheby’s International Realty . . . . . . . . 1,771

COMPANY 2016 Volume
Michael Saunders & Company . . . . . . . . . $2,430,886,648
Coldwell Banker Residential Real Estate/NRT . . . $1,606,303,000
RE/MAX Alliance Group . . . . . . . . . . . . . $1,249,148,937
Premier Sotheby’s International Realty . . . $878,682,050
Keller Williams Sarasota Lakewood Ranch. $507,941,433

So, if you have been considering buying or selling a home, consider Michael Saunders & Company and contact me today!

Sarasota – The Cultural Capital of Florida

Photo by Cliff Roles – Cast of Asolo Repertory’s production of West Side Story 

When we say that Sarasota is full of “arts and culture,” what exactly does that mean?  Well, aside from being internationally recognized for our beaches, Sarasota is also gaining “arts and culture” notoriety not only in the state of Florida, but nationally and even internationally for being one of the “few communities in the nation that have the depth and quality of arts and cultural offerings” that can be found in Sarasota.  Those offerings include live theater, concerts, ballet, opera, galleries, museums, exquisite architecture, art walks, festivals, and of course, our beloved circus. 

John Ringling

John Ringling

In fact, the foundation of our community lives within the arts and circus magnate, John Ringling of Ringling Bros. and Barnum and Bailey Circus.  When he decided to bring the circus’ winter headquarters to Sarasota, he also brought with him a keen vision for real estate development and an incredible passion for arts and culture.  Thus, “with the seed of arts planted in prominent style, a community was created where artists were valued and creativity was cherished. Today, that legacy lives on.”

Numerous publications have noticed Sarasota beyond our gorgeous beaches as well.  Here is a list of recent accolades:

  • American Style Magazine named Sarasota as the No. 1 “Small City for Art in the United States”
  • NerdWallet listed Sarasota in the “Best Small Cities for Art Lovers”
  • Sarasota’s iconic Van Wezel Performing Arts Hall has been recognized as the No. 1 “Performing Arts Hall in North America” in the 2,000-seat category by Venues Today five times
  • Movoto named Sarasota among “The Best Cities in Florida for the Arts”
  • TopRetirements.com said Sarasota is known for “Most Big Cultural Institutions per Square Inch”
  • Coastal Living Magazine named the Sarasota community of Towles Court among the “Top 10 Artists Colonies in North America”
  • The annual Sarasota Film Festival was recently named one of the “Top 25 Coolest Film Festivals in the World” by Movie Maker Magazine

From new museums on the horizon like the Sarasota Museum of Art (SMOA) to the expansion of the Ringling College of Art and Design that includes new sound stages scheduled to open soon, our community is committed to keeping Sarasota as a “hub for creativity and culture.”  Sarasota Bayfront 20:20 is one of the most exciting initiatives dedicated to maintaining our status as “Florida’s premier destination for arts and culture” whereby a long-term master plan has been set for re-investing in 42 acres of land along the Bayfront near the Van Wezel Performing Arts Hall. The goal of this project is to create a “permanent expression of Sarasota’s cultural prowess while inhabiting one of the city’s most beautiful and accessible waterfront settings.

Click here to read more on this story from Michael Saunders & Company

If you have been considering a move to our beautiful area, contact me today!

Michael Saunders & Company Ranked #1 in Sarasota County in 2015

Michael.Drayton.HeadshotRealTrends recently released its 2015 statistics for real estate brokerages in Sarasota County and Michael Saunders & Company ranked at the top of the list.  Saunders had 3,378 residential transaction sides (representing either the seller or the buyer), with a volume of $1.566 billion. It represented the seller in 1,664 sales and the buyer in 1,714 sides.

We are so proud to share our company’s accomplishments and could not be more proud to work with our amazing team of professionals under the awesome leadership of Michael and Drayton Saunders.

Click here to read the full report from the Sarasota Herald Tribune.

If you are interested in buying or selling property, please contact me for further details.

How Luxury Real Estate Faired in 2014

Happy New Year!  I hope this finds you doing well and that your 2015 is off to a very good start.  Last year continued a very exciting trend for our region’s real estate industry, as homes continued to sell at a near-record pace for the second year in a row.

The luxury market for Sarasota and Manatee counties maintained a very steady pace with the number of sales slightly exceeding those of 2013.  While the majority of the 361 luxury sales in both counties were below the $2 million price point, the 36 luxury sales of single family homes priced at $3 million or higher showed a shift in where buyers purchased.  In 2013, the buyers’ hotspot was Longboat Key; but in 2014, Siesta Key led the pack with 15 sales (as well as the 3 highest sales in Sarasota and Manatee counties) and Casey Key finished strong with 6 sales above $3 million.     I am pleased to report that Michael Saunders & Company continues to be the proven leader in the $3 million+ luxury real estate market.  Below are the $3 million+ sales by location in 2014.  Out of the 36 single family home sales, Michael Saunders & Company agents represented 22 of the transactions on the listing side and 17 on the selling side.

ADDRESS
AREA
SOLD DATE
LIST
PRICE
SOLD
PRICE
HEATED
SF
LAND
SF
WATER FRONTAGE
 232 SEAGULL LN
BIRD KEY
4/11/2014
 $     6,950,000
 $     6,100,000
           7,873
         21,103
BAY
 647 MOURNING DOVE DR
BIRD KEY
6/16/2014
 $     4,500,000
 $     4,000,000
           5,286
         15,000
BAY
 447 MEADOW LARK DR
BIRD KEY
1/29/2014
 $     3,750,000
 $     3,400,000
           4,778
         15,000
BAY
 712 N CASEY KEY RD
CASEY KEY
9/25/2014
 $   10,000,000
 $     8,000,000
         13,553
         90,306
GULF-TO-BAY
 2505 CASEY KEY RD
CASEY KEY
10/23/2014
 $     7,400,000
 $     6,500,000
         12,908
         47,933
GULF-TO-BAY
 2016 CASEY KEY RD
CASEY KEY
8/29/2014
 $     6,900,000
 $     6,200,000
           7,781
         58,787
GULF-TO-BAY
 540 N CASEY KEY RD
CASEY KEY
8/29/2014
 $     4,050,000
 $     3,650,000
           4,494
         36,160
GULF-TO-BAY
 1700 CASEY KEY RD
CASEY KEY
6/30/2014
 $     3,300,000
 $     3,000,000
           4,172
         18,113
NONE
 805 CASEY KEY  RD
CASEY KEY
9/17/2014
 $     2,895,000
 $     3,025,000
           2,255
         22,680
GULF
 7422 PERIWINKLE DR
CORAL COVE
4/18/2014
 $     3,995,000
 $     3,480,000
           7,564
         17,813
BAY
 7406 PERIWINKLE DR
CORAL COVE
6/25/2014
 $     3,149,900
 $     3,200,000
           7,429
         16,914
BAY
 1540 HILLVIEW DR
HARBOR ACRES
7/29/2014
 $     5,250,000
 $     4,500,000
           7,074
         23,410
BAY
 1435 HILLVIEW DR
HARBOR ACRES
2/13/2014
 $     3,959,000
 $     3,650,000
           4,876
         36,466
NONE
 1436 JOHN RINGLING PKWY
LIDO
12/12/2014
 $     6,399,000
 $     5,725,000
           7,930
         17,237
BAY
 165 WHITTIER DR
LIDO BEACH
6/30/2014
 $     3,799,999
 $     3,496,000
           1,743
         33,750
GULF
 267 BENJAMIN FRANKLIN DR
LIDO BEACH
9/19/2014
 $     3,495,000
 $     3,000,000
           3,157
           6,728
GULF
 2735 GULF OF MEXICO DR
LONGBOAT KEY
11/5/2014
 $     5,995,000
 $     5,750,000
           7,550
         16,761
GULF
 640 ROUNTREE  DR
LONGBOAT KEY
9/26/2014
 $     3,500,000
 $     3,450,000
           5,121
         22,684
BAY
 6225 GULF OF MEXICO DR
LONGBOAT KEY
3/12/2014
 $     3,795,000
 $     3,250,000
           4,781
         36,000
GULF
 6133 MANASOTA KEY RD
MANASOTA KEY
9/19/2014
 $     3,495,000
 $     3,100,000
           6,621
         83,150
BAY
 1447 TANGIER  WAY
SAN REMO
12/16/2014
 $     4,595,000
 $     4,200,000
           5,040
         18,392
BAY
 7712 SANDERLING  RD
SIESTA KEY
10/20/2014
 $   11,850,000
 $  11,850,000
           4,715
         53,754
GULF
 8250 SANDERLING RD
SIESTA KEY
7/25/2014
 $   11,500,000
 $     8,850,000
           7,652
         66,969
GULF
 4300 HIGEL AVE
SIESTA KEY
5/29/2014
 $   10,975,000
 $  10,250,000
           8,623
         69,028
GULF
 6629 PEACOCK RD
SIESTA KEY
10/2/2014
 $     7,950,000
 $     6,344,633
         10,207
         43,747
BAY
 3466 GULFMEAD DR
SIESTA KEY
2/27/2014
 $     7,900,000
 $     7,070,000
           7,132
         26,659
GULF-TO-BAY
 636 BEACH RD
SIESTA KEY
10/22/2014
 $     4,950,000
 $     4,950,000
           4,163
         83,700
GULF
 156 GIVENS ST
SIESTA KEY
3/31/2014
 $     4,750,000
 $     4,250,000
           4,946
         11,951
GULF
 648 BEACH  RD
SIESTA KEY
12/31/2014
 $     4,481,400
 $     4,481,400
           4,746
           9,550
GULF
 684 FREELING DR
SIESTA KEY
5/29/2014
 $     4,395,000
 $     3,750,000
           9,398
         64,963
BAY
 778 SIESTA DR
SIESTA KEY
9/12/2014
 $     3,950,000
 $     3,600,000
           6,395
         20,870
BAY
 5309 HIDDEN HARBOR RD
SIESTA KEY
4/11/2014
 $     3,599,999
 $     3,350,000
           6,827
         18,339
BAY
 220 TENACITY LN
SIESTA KEY
9/30/2014
 $     3,500,000
 $     3,250,000
           3,467
         11,079
GULF
 7816 SANDERLING RD
SIESTA KEY
8/22/2014
 $     3,450,000
 $     3,050,000
           2,800
         34,926
GULF
 7102 POINT OF ROCKS CIR
SIESTA KEY
12/1/2014
 $     3,200,000
 $     3,200,000
           5,582
         15,000
NONE
 7101 POINT OF ROCKS CIR
SIESTA KEY
4/11/2014
 $     3,195,000
 $     3,000,000
           2,764
         22,529
GULF

What I find interesting is that the majority of these sales took place during the months that used to be known as the off-season (from mid-May through the end of October).

Casa al Mare – 2016 Casey Key Rd.  Sold on August 2014 Deborah represented the Seller

Casa al Mare – 2016 Casey Key Rd.
Sold in August 2014
Deborah represented the Seller

Villa de Napoli – 2505 Casey Key Rd.  Sold on October 2014 Deborah represented the Buyer & Seller

Villa de Napoli – 2505 Casey Key Rd.
Sold in October 2014
Deborah represented the Buyer & Seller

And finally, 2015 is already off to a good start with 135 homes available for sale that are listed at $3 million plus throughout Sarasota and Manatee counties; two of which are “active with contract” and 5 other homes that are pending.    With all the new construction underway from “west of trail” to downtown, to Lido Key to Longboat Key, Sarasota is certainly trending toward “modern” architecture in both condominiums and single family homes. The amount of building activity is a strong indicator of our area being on the radar of those who seek the lifestyle we enjoy. I see this trend continuing in 2015 and beyond.

Interested in selling your property, or perhaps buying another, contact Deborah Beacham for a complimentary comparative market analysis.

I will continue to keep you posted on sales activity in our beautiful area.  In the meantime, stay warm during our “Florida winter” and I wish you all a 2015 full of good health, happiness, peace, and prosperity.