What to Know About Common Home Buying Contingency Contracts

When it is time to buy a property, are contingency clauses necessary? Some contingencies may create additional expenses for buyers but may be useful tools for closing on a home and potentially having a seller make needed repairs. First-time home buyers can help themselves by learning about common home buying contingencies and why it is important to work within specified timelines.


What Is a Contingency Clause?

A contingency clause is an action or condition that needs to be met for the contract itself to become binding. When the contract is signed, both the seller and buyer agrees to the terms outlined in the contract. Contingencies may include specific terms or a stated timeframe. Home contin...

Top 10 Important Real Estate Terms

Having a basic understanding of important real estate concepts before you start the homebuying process will give you peace of mind now and could save you a fortune in the future. Here are ten real estate terms you should know before you start looking for a home.


1. Buyer’s Agent vs. Listing Agent

There are usually two agents involved when you buy a home; the “buyer’s agent,” who represents you, and the “listing agent,” who represents the home seller. Dual agency is when there is only one agent representing both sides of the transaction, and it is something you want to avoid at all costs!
*FACT: When buying a home, you don’t pay your real estate agent ...

3 Tips to Build Better Relationships with Your Clients


With online leads and referrals accounting for a huge part of the real estate business, it’s important to set up measures to ensure you’re building a great relationship with your prospects and clients from the very beginning. We’ve put together 3 tips to help you build better client relationships that will ultimately help you close more deals.


As part of the initial onboarding process with your new client, set expectations for how they prefer you communicate with them. Millennial client? Maybe they prefer text messaging over calling. Others may only prefer to talk over the phone or via email. Asking them for their preferences demonstrat...

Buying a Vacation Home in Sarasota, Florida


Establish a Price Range

First, establish a price range. Purchasing your second home should be enjoyable and not wear down on your finances. For purposes of a price range, assume that your down payment, closing costs, and furnishing will be 33% of the purchase price. In other words, if you have $50,000 in cash, your beginning price range should be between $130,000 and $170,000. However, with a second home a down payment can be a little as 10%, so if you are someone with $50,000 to put down you could qualify significantly more for a purchase price. Many borrowers may decide choosing a lesser price is ideal as it keeps monthly costs down. Second homes generally qualify at the same interest rate...

Interior Design: FarmHouse Kitchen Style Featuring 600 N. Jackson


Farm House Kitchens are all about charm and comfort with rustic and natural materials as accent pieces. It’s cozy, laid-back appearance makes guests always feel welcomed and comfortable allowing lots of space to provide room for large family meals and get togethers. Cooking implements, appliances and storage are also important facets of farmhouse kitchen design as it considers functionality and charm one in the same. Popular choice features are quality hardwood with cherry, maple and oak being the most favorited as well as rich detailing on the back of tables, chairs, and cabinetry often featuring pastoral or farmhouse scenes. Here in the luxury home of 600 N. Jackson in Venice, Florid...

Mid Century Modern is Back!

Mid Century Modern style encompasses the concept of indoor/outdoor minimalist living. It defies the brutalist style of modern architecture and provides a zen like warmth for its inhabitants. It is a middle ground for those not yet ready for modern architecture while still holding to traditional values of architecture and design, think Frank Lloyd Wright- tall ceilings, surrounding windows to bring lots of light in with kitchen, living and dining all being contiguous as well as incorporating earthy elements. The design reflects a peaceful and clear living environment far from stuffy traditional style but not as cold as new age modern design. Mid-Century Modern has its roots in California from...

Recently Sold: A Great Start to 2017 for Team Coffey and Company

Hard work and dedication by team Coffey and Company has lead to a great start of the year with an influx of new listings coming in and just as much being sold this year! A market that deems worthy for both buyers and sellers in Sarasota and Manatee County with some of our homes under contract in less than 10 days on the market! Here are some of the recently sold homes this year by team Coffey and Company:




Homes in Serenoa are highly sought after with the community offering its residents the best in quality with custom designed homes. You won't find a cookie cutter house in this neighborhood! There are a wide range of home choi...

Prices Rise in Manatee and Sarasota Counties in 2016


According to statistics recently released by the Realtor Association of Sarasota and Manatee counties home prices in Manatee County rose 7.5% and 10.3% in Sarasota County while single family homes gained 9% in value across the region ending the year 2016 with a median price of $264,500 in Sarasota and $285,000 in Manatee County. Both counties were above the national growth rate at 4% which is wonderful news. However, we have seen some decreases in other areas of the housing market involving the rising mortgage rates and supply shortages that are pushing higher prices. New construction is not being built fast enough for the influx of demand while existing homeowners are hesitant to list their...

How will the election affect the housing market this upcoming year?


Across the pond the world turned to Britain for its decision on Brexit which would take many by surprise; shortly after, America would have its turn to surprise the world with one of its most heated and controversial elections in its history, closing with the triumphant Donald Trump to take office as President of the United States of America for the next four years. Consequently, all this uncertainty within the political sphere has had a great effect on various economic markets worldwide. But how exactly will those buying or selling their homes within the housing market be affected? The good news is, historically, housing markets are not heavily affected by elections, rather any drastic cha...

Venice, FLA – Amongst the Best Living Places for Retirees

Now, as it was stated in one of the upcoming editions of the prestigious Forbes Magazine, Venice is one of the cities amongst the top 10 in the country which are best suited for your retirement. The reasons are rather various, and they are the result of a combination between low crime rates, cost of living as well as the convenient location amongst many other ranking factors. According to a few interviewed current retirees living in the sunny Venice, the most attractive qualities of the region are the location – near the gulf as well as the overly friendly people who live there. With this in mind, the highly regarded Forbes Magazine has effectively chosen the city to be amongst the Top...


Contact Us

 Keller Williams Island Life Real Estate       The Coffey Group Fine Homes International        Coffey & Divald Property Management 

 206 Harbor Drive S,                                    1491 2nd St Suite B, Sarasota FL 34236

Venice, Florida 


United States