A hair-dresser has to take more education than a real estate agent to become licensed



Andrew Duncan talked this past weekend about changes coming to the real estate industry.  New standards and regulations with TRID are going to massively change how real estate agents help clients through real estate closings and how the processes for closings will be changing dramatically starting in October.  Arnie and Diaz from Waterstone Mortgage and Joellyn Robles from Hillsborough Title contributed to this conversation.

Recent articles have shown that a real estate agent has to only go through 70 or hours of education while a cosmetologist or hair-dresser goes through several hundred to become licensed to work with customers.  This makes no sense considering the financial impact of hiring the right real estate agent (or the wrong one) can have.  Unfortunately, there is a considerable lack of education and experience and many real estate agents are not prepared for these changes and the shifting in the market.  Agents at The Duncan Duo go through several hundred extra hours of training per year (before and after starting to work with clients) with a focused training boot camp as well as ongoing training about industry norms, standards and changes.   We strongly believe that more education should be required in order for someone to become a licensed real estate agent.  We encourage you to interview your agents, look them up online and compare them to see what kind of sales experience/reviews they have on Zillow or Trulia, and make sure you’re working with someone full-time that knows of all the new regulations, changes and shifting of the market. 
If you are considering getting into the real estate business in Tampa Bay or becoming a Realtor in Tampa, send us an email at Careers@TheDuncanDuo.comor click here to visit the Tampa Real Estate Careers Page on our website.  This video blog has an immense amount of information about our team model and its differences vs typical Tampa Real Estate Brokerages as well as videos from our radio showtestimonials from Tampa real estate agents on our team, and our social channels twitteryoutubeinstagram, and facebook.

Tampa Real Estate Market Update with Waterstone Mortgage – is the upswing fake / artificial or not?



A lot of articles about the positives and negatives of the upswing real estate market are coming out and our panel of experts give you the low down on what is real, what is not, and what to believe. Andrew's guests on The Duncan Duo Real Estate Show, Arnie and David Diaz of Waterstone Mortgage and Shawn Eckley of Yesner Law, each talk about their take on the articles coming out about the real estate market. 

There are even some articles that almost contradict each other. Some say that the real estate market is doing great but we have the lowest percentage of home owners that we've seen in a long time. There are also a lot of investor activity, people buying second or multiple homes.

On the mortgage front, Arnie agrees with the fact that foreclosures are down but Tampa Bay remains to have one of the highest foreclosure activity. In fact, we're top 3 in the country. But as far as sustainability of the market is concerned, he says it really depends on jobs. David adds that it would also depend on the goals and needs of the home buyer although each has different scenarios they have to go through. But to sum it up, he says buying and living in a home for the long term is going to be a good investment. 

Andrew agrees with this. It really depends on the person's needs. People who are looking to buy in longer cycles (5-10 years), would almost always going to be fine as cycles on the average only last about 2-3 years. 

Shawn also pitches in and although foreclosures, shortsales and bankruptcy numbers have all dropped in his business, he says he doesn't necessarily believe all the articles coming out about sunshine and rainbows now that we are going into the good times, just like he didn't believe all the articles that said doom and gloom during the bad times. He's in the middle. The job indicator is really good. But although we're adding jobs and unemployment rate is going down, the salaries of the jobs we're getting are not equal, even less, than the salaries of the jobs we lost. 

With elections coming up, there will be some discussions on how the economy will affect the real estate. No matter which candidate they go with, people tend to have that hesitancy when there is an election.


And just like anything, Andrew says that people tend to write articles about potentials, about what's going to happen, what's the future.

If you are considering getting into the real estate business in Tampa Bay or becoming a Realtor in Tampa, send us an email at Careers@TheDuncanDuo.comor click here to visit the Tampa Real Estate Careers Page on our website.  This video blog has an immense amount of information about our team model and its differences vs typical Tampa Real Estate Brokerages as well as videos from our radio showtestimonials from Tampa real estate agents on our team, and our social channels twitteryoutubeinstagram, and facebook.

Surge in Pasco Real Estate, New Developments and Population Growth



Andrew Duncan, Tampa Bay's #1 Realtor and Expert, has a lively discussion about the surge in Pasco real estate, new developments and population growth with a great panel of experts - Scott Eckley with DR Horton, Aaron Davis with Hillsborough Title and the Florida Agency Network, and The Diaz Duo, David and Arnie Diaz of Waterstone Mortgage on The Duncan Duo Real Estate Show.

Scott says that as a builder, they are seeing lots of traffic in the area. They have 7-8 different communities they're currently selling. The traffic in Pasco County in the past 6 months continue to increase almost week by week. In fact for the last 2 months, they have broken their records in terms of home sales. It's a great combination for a lot of buyers because home prices are in the $100-200,000 range, they have good schools up there, more peace and quiet and although it's a bit of a drive, there's already an expressway for easy access.

Aaron said that when they opened in 2009-2010, they were right in Seven Oaks and at the time, there were a lot of foreclosure activity and a lot of vacant lots. Now, all of that is gone. There's now a hospital, multiple malls that have been built. He says that Trinity area is just booming! Unlike before where development are usually focused on the I75's, they are now getting off the road a little bit like the new hospital in Wesley Chapel which is creating thousand of jobs for people around the area.

David and Arnie talk about the trend of more first time home buyers going up there because of the price point. Some of those first time home buyers now have a spouse and kids and want to get away from the hustle and bustle of Tampa. Pasco is still a great community, new malls, new infrastructures. 

A lot of people think about New Port Richey and Hudson when they talk about Pasco but Andrew says that South Pasco - Trinity, Wesley Chapel and Land O Lakes - is where a lot of big developments are taking place. One factor is the commute which becomes a bit unbearable when going to North Pasco. 

On the mortgage side, practically all of Pasco county does USDA loans which means 100% financing. Though USDA is a little backed up, this option is best for those buyers who are willing to wait. 

Another advantage is that the taxes are lower, too. From an affordability stand point, as the market starts to grow in the hot areas of town, buyers can opt for more home but go further out or less home and stay in some of those hot areas. The land prices in Pasco are lower than those in Hillsborough which translates to a lower sale price for the home. 

Andrew also recapped the article about Tampa Bay being the best kept real estate secret in the country. As compared to Orlando or Miami, Tampa Bay has a big percentage lower than their average sale price. Tampa Bay's values are still very reasonable for the opportunity and value of employment. All of the things that are happening - the Lightning winning, Tampa's market getting some national news, Andrew's appearance in CNBC, he says jokingly, all the employers are coming down to Tampa Bay. Aside from that, the retiree population is coming back which they lost to Georgia and the Carolinas just 5 years ago. Scott adds that they are also seeing an increase in investor activity because they are seeing more value because of the price and the weather, the beaches and more.

If you are considering getting into the real estate business in Tampa Bay or becoming a Realtor in Tampa, send us an email at Careers@TheDuncanDuo.comor click here to visit the Tampa Real Estate Careers Page on our website.  This video blog has an immense amount of information about our team model and its differences vs typical Tampa Real Estate Brokerages as well as videos from our radio showtestimonials from Tampa real estate agents on our team, and our social channels twitteryoutubeinstagram, and facebook.