Insights

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The Pros and Cons to Selling Your Home As Is

Many preconceived notions come with purchasing homes as is. By selling homes in this manner, seller’s pass any and all obligations to the buyers. Homes may need a number of different touch ups that the buyers would now be primarily responsible for fixing themselves. Plumbing, the foundation, and leaky roofs are just a few repairs buyers may need to take when buying a home in its present condition. Buying homes as is may be a huge risk for the buyers and will more than likely have a negative impact on your sales. However, selling your home as is may not always be the worst option. For eager buyers, purchasing homes as is, is a quick and cheap alternative to going through the undoubtedly lengthy process of purchasing a standard home.

Is it Ethical?

The process of selling a home as is doesn’t have to be a taboo as you might assume. There are many factors you may wish to consider before you make the final decision to sell your home as is, but if you find it a healthy option to choose, after careful consideration, then there are always ways to safely and effectively communicate these types of sales. The obvious issue that comes with selling homes as is, is the immediate impact it may have on your buyers. Buyers will, of course, begin to wonder why you are selling your home as is and in some cases may even begin to wonder if there is an issue with the home itself. The way to avoid this scenario is to communicate effectively and be clear and concise on your reasoning behind selling your home this way.

Consider Your Options

One of the reasons you may wish to sell your home as is, is because you are trying to sell your home as quickly as possible. While this is an admirable and understandable approach in most occasions, it remains important to consider all your options. Be informed of the potential losses that could come with selling your home so hastily. Speak to a real estate agent to get a quick rundown of how effective selling homes as is, is in your area. Real estate agents are not experts at selling homes quickly, but they do have specific knowledge to the local area around you. They can give you precise information on what has and what hasn’t worked in the area, giving you a significant advantage over the local competition.

It can be surprising how effective selling homes as is can be. And while this tactic has its ups and downs, it remains a valuable option for buyers and home sellers alike.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Fully Furnished Homes, Do They Sell?

If you’re looking to give your property that extra push to get it sold, it may be worth considering adding some extra decoration or furnishings to add appeal. So how do you determine what you should or shouldn’t add to your listing? Well, before you decide the answer, first begin with considering the pros and the cons to adding extra appeal. While having more furnishing and decoration can add to your properties appeal, it can also be quite an investment in the long run. In the sections below, you will find some tips that should help you determine whether you should include adding items in your home to boost your properties appeal.

When Should You Furnish?

If you are having trouble deciding, remember to focus on the core issue that is giving you trouble.  The problem with determining for sellers always falls back to the core issue of cost versus profit. For buyers, paying for the convince of a fully furnished, decorated home may not still be an option. The correct amount of decoration may vary depending on the area you are living in because the people who are most likely to buy a decked-out home are those wealthy enough to afford the upcharge that is placed on those furnishings and decorations.

Why Your Area Matters

People who are searching for fully furnished homes are few and far between. The folks who are most likely to be specifically looking for a done-up house are, most of the time going to be retirees or buyers looking to buy a 2nd home or vacation home. If you are in an area where buyers with this description are far and few in between, doesn’t necessarily mean that you should leave your property unfurnished. If you have enough decoration to make your home, feel “lived in” it can set you apart tremendously. You don’t have to invest in an outrageous amount of furniture to finalize a sale.

How Much Should You Spend

The amount of decoration you invest is best determined by what you’re willing to invest and how buyers are in the area. Ask your real estate agent what the most common trend is, concerning what buyers typically go for. If you are purchasing your own furniture for your property, think about how much you can invest while still netting a return. Investing in decoration is pointless if you end up spending a considerable chunk of money that doesn’t benefit you in any way.

A real estate agent will be able to analyze your selling strategy and tell you if tactics such as providing furniture, will be fruitful for you in the long run. If you are still weary on if furnishing your property is a good one for your needs; a real estate agent can be helpful to staying on point and fulfilling your financial goals.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Communication Between Buyer and Seller

While some areas in communication between buyer and seller is vital; there are also other topics sellers should avoid discussing. People looking into buying a new home are notoriously selective, although this doesn’t necessarily mean you have ignored your potential buyers. Instead, the safest way to communicate is to have your local real estate agent answer questions. The reason you should be wary when discussing your property with buyers is much simpler than you might think.  Sellers tend to entrap themselves without even realizing it. There are many questions buyers ask that if answered incorrectly, can lead to more diminishing returns.

Think About What You Say

A way to handle questions that you’re unsure of is to talk to your agent. Innocent questions can be directed toward you with ulterior motives. For example, if you asked a simple question like “How long have you lived in your home,” you may be surprised to find out that some of the answers you give can leave a misleading impression. If you haven’t lived in your home for a long-time buyer may think you are selling it because you were disappointed with your purchase in the first place.

Questions like “How many offers have you received so far?” can have ulterior motives as well. While the tone of the question might be innocent, your answer can have unintentional consequences. If you have received many offers, is your answer, the buyer might wonder why your home hasn’t sold yet. On the other hand, if you tell them that you haven’t received that many they might wonder what is wrong with the house.

If buyers ask questions like the ones above, most likely they mean no harm. Letting your real estate agent address these questions utilizing their expertise remain the best option for avoiding dissuading buyers.

Don’t Neglect Your Buyer

Constant communication is essential to a certain extent. It’s okay to build a relationship with a buyer if you don’t forget the buyer’s objective, as well as your own. Your goal is to make the most money you can from the sale, and the buyer is looking to get the best deal possible. The information above is not to mislead you into thinking that neglecting your potential buyers is the best option; it’s more so, to help you be aware of all possibilities. The information is here so that when looking to sell your home, you are aware of how helpful having expert advice from a real estate agent can be.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Joseph Lewkowicz September Market Recap Report

In Joe Lewkowicz’s September livestream, he discusses how the real estate market is shaping up so far. In the stream, he presents a variety of topics and answers some questions provided by viewers who are looking for helpful advice on selling properties. The following sections summarize issues such as, which areas are increasing in price ranges, information on what you should do if you are a first-time buyer, this year’s sales compared to last year, and much more. As an experienced and award-winning real estate agent, Joe Lewkowicz aims to deliver the most up to date real estate news to readers and viewers like you. If you have any burning questions on how to better sell your home, contact Joe today!

 How Is the Market In The Fall?

The real estate market this Fall has continued to follow a similar pattern of last year’s fall season. The price ranges typically begin to decrease during September and this year shows very similar results. However, it is common for people to overestimate just how substantial the decline is. The market’s decline is minuscule at best and according to Joe, aiming to sell your home before December may not be a bad idea.

The price range continues to be within the $400,000 to $600,000 range in the North West Tampa area: an average that is not very different when compared to the price ranges that posted around the same time last year. The trend to watch for only show’s its face around December. During December it is estimated that the prices for homes increase overall, due to past trends during previous years. Joe says that the sudden change merely occurs because many people don’t want to deal with closing a sale during the holidays.

Joe’s first answer addresses common rookie buyer mistakes. He explains a matter that a lot of first-time buyers overlook when it comes to their budgets. In other words, it’s common for people not to be aware of precisely what they can afford. Joe says that before people start looking at listings, it’s vital for them to see a mortgage broker to settle what listings are realistic, as far as pricing is concerned.

The next question touches on price negotiations. Joe states that a common mistake that almost every home seller make has to do with mispricing. It’s a natural tendency to want to list prices high in order to leave room for negotiation, but in some case, this kind of thinking can be counter-intuitive. Listing your home above 2%, its actual listing worth can have consequences. When buyers see great listings, they may automatically be dismissive if your house is too high. Avoid people walking away by having the right price, to begin with. This is where your local real estate agent comes in handy. Real estate agents can give you expert advice and give you the best listing prices based on your area and other listed prices in the area, so don’t miss out and call your local real estate agent today!

To catch all the questions in the Livestream call, click to watch on Joe’s TV Channel: https://www.youtube.com/channel/UCwVCxXv6wT0S-LDFORWTwNw

A realtor with extensive knowledge is essential to navigating the real estate market, especially in the Tampa Bay area. Joseph Lewkowicz’ 40 years of experience offers the best help for all buyers and sellers with questions on the housing market.

For more information on the current real estate season, check out Joe’s monthly livestreams at https://josephlewkowicz.com/livestream

To watch the full September Market Recap report, visit Joe’s TV Channel: https://www.youtube.com/channel/UCwVCxXv6wT0S-LDFORWTwNw

Video Link: https://youtu.be/mpm5tYPFdRw

Website: https://josephlewkowicz.com/livestream

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Selling Homes to a New Generation

Now that a new generation is among us, adapting to oncoming changes may be vital to creating a successful marketing strategy. People who delved into the real estate market don’t get the big picture of just how influential millennials are today. There are various techniques that successful companies use to appeal to this growing generation. In the excerpt below, are a few tips and tricks on how to get millennials to buy your listings.

Social Media is a Powerful Selling Tool

Social media is an incredible platform for all demographics, but it is particularly good at appealing to younger generations. You can use social media as a tool in many ways. It’s very common for real estate agencies to use social media platforms like Facebook, and Twitter to keep potential buyers up to date on the latest listings. If you are trying to sell your home, don’t hesitate to ask your real estate agent questions. Real estate agents often have tools at their disposal to spread local real estate news, and they may also be able to disperse information on your listings.

Traditional advertising can often be less effective for younger generations. Social Media and other online resources are used primarily by the millennial generation. If you are using the internet to advertise your listing, it may behoove you to have an in-depth description of the property you are putting up for sale. Excellent pictures and small details can make a huge difference between online and in real life.

The Showcase, Before the Showcase

Incorporating video on your platforms can be a tremendous asset in your efforts to sell your home. Even if you are planning to advertise your listing yourself on your personal Facebook page; it remains essential to help give potential buyers a better picture of what you and your home are all about. Even videos with small walkthroughs can have an impact on gaining interest, especially to the modern crowd. Currently, people seeing the house before seeing it in person is an expectation held by most; and while traditional advertising has areas where it remains effective, it still doesn’t hold a candle to the kind of word of mouth that is only possible through social platforms.

Your objective is to get your house seen as many times as possible, as often as possible. Your home’s recognition can give you an idea of the best way to determine your success in the process. If you still are contemplating what you should be doing at any given moment, contact a real estate agent. Agencies have more information on how to get millennials to see your property. Just because 2018’s real estate market has a new and complex obstacle, it doesn’t mean that you shouldn’t be prepared to adapt. The real estate market fluctuates as time moves on and is the one constant challenge that home sellers must face. If you’re looking to succeed in selling your home quickly, take your time and use all the available resources you have at your disposal.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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How to Leverage the Market

Leveraging the market to your advantage is a primary skill that takes practice to master. To understand what you should be keeping an eye on there are a few bits of information that you should be aware of. To begin understanding how to use data for your estate you should first have an idea of what kind of information you should keep an eye out for.

Elements such as, keeping up with the housing market’s fluctuation, job growth, interests’ rates, and housing prices are all fundamental information regardless of your goals. The bottom line is, that if you are looking to leverage the market, there is a vital piece of information you should be keeping up with. In the passage below, we will go over in more depth which topics and trends you should be up to date on so that you make the best real estate decisions that are best for you.

The “Surban” Trend

A new trend that has recently popped its head up is the “Surban” real estate trend. Surban is a nickname for areas that can be considered a mix of urban and suburban. Surban’s have received so much attention in the market because they have been drawing in such much success over the past couple of years. Areas like Downtown Naperville, Illinois; Old Town Pasadena, California; Legacy Town Center in Plano, Texas; Satana Row in San Jose; and Downtown Tempe, Arizona have all incredible success in their surban developments. A whopping 80% of people are predicted to be drawn by surban developments within the next ten years, so investing the time on keeping up to date on surban areas close to you can be well worth your while.

A New Generation for Buyers

This new generation provides new opportunities. Millennials have quickly become a dominating factor in the real estate market, and as time moves forward, their influence only continues to grow. Having been born between 1983 and 2001 millennials are currently the fastest growing workforce and judging by the numbers this is unlikely to change anytime soon. Now, an overwhelming mass of buyers is millennials. If you are asking yourself how this information helps you, the answer is simple. If you are a buyer, you are more likely to maintain leverage in the market. It is advantageous for you to have demographical information in any market. The real estate market is no different.

Mortgage Rates

Predictions of the market have been positive, and there seem to be no chance of the markets crashing through 2020. The interest rates are predicted to remain low with only a slight slowly growing increase during the next 30 years. Knowing the trends of the ever-changing interest rates can be very advantageous when leveraging the real estate market. It should be stated however that these two factors cause the future upcoming increases in mortgage rates. One, a growing economy fuels growth in mortgage rates and inflationary pressure causes the FED to increase prices.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Staging A House to Sell

Successful staging is key to making your property approachable to consumers who are looking to buy. To give your home, more appeal, there are actions to consider. Some of these actions you probably won’t be surprised to hear, while other selling strategies may require more thinking and effort on your part. For instance, it’s probably not unheard of to ensure your home is neat and tidy, but did you know that making your home appear somewhat lived in is one of the most viable strategies?

Make Your Home Looked Lived In 

When you are working on the staging process, stage your home with furniture, and don’t clear anything out. The reason this action is essential is that you always should be looking for ways to help buyers visualize what their future will look like after they purchase your home. If your home appears lived in (to a certain extent) than it will be easier for buyers to envision their future in that home and, have more appeal as a direct result.

Have Some Curb Appeal

Making sure your home’s interior is presentable might seem like common sense for most of the sellers out there but cleaning the exterior of the house is also a critical task that many overlook. If you think about it, the exterior of the house leaves a first impression. If the exterior of your home is poorly maintained, you might find it harder to close a sale in a reasonable amount of time. The amount of effort you put into your curb appeal is notable from the moment the buyers place their eyes on it; so, cleaning and maintaining the outside of your house should be one of your most significant priorities.

Make Your Home Look Family Friendly

Nothing says, “Welcome Home,” like a warm and inviting welcoming mat at your front door. Just because you are looking to sell your house doesn’t mean it’s not worth investing in its appearance. It is the little touch, like continuing to keep your porch lights on in the evening or placing potted plants next to the porch that will genuinely make a difference on how quickly your home sells.

Don’t Skimp on The Little Things

Your house deserves to be treated correctly, even as you feel the oncoming approach of your closing rapidly approaching. Don’t skimp on the small details. Clean your floors to an excellent smooth polish and get rid of all the clutter. It’s also worthwhile that your home’s style appeals to everyone. It may seem like a waste of time to put effort into thinking something as subjective as decoration when you are selling, but it can be useful depending on if you choose a style that is intended for buyers. Choose a style that has the potential to appeal to as many people as possible; this way the odds of you selling your home for the price you want are more stacked in your favor.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Finding the Right Price

One of the most significant challenges people face when selling a property comes from finding the most optimal price that will be the greatest chance of success. The added unpredictability of the real estate market can often make numbers fuzzier than they need to be. Taking the selling process one step at a time can be useful to assist you in simplifying the selling process.  Depending on how quickly you’re looking to sell; prices can change as well. The first step you should consider taking is to ask your real estate agent for a CMA. CMAs are used to provide comps for sellers looking into finding a reasonable price to place on their properties. Yes, doing research online can also help you get a rough idea on how much a property like yours will go for, but it’s also important to keep in mind the information online is not always entirely up to date.

Get your Home Appraised

It may be worth your time, to consider hiring an appraiser. Appraisers can help give you an idea of how much properties of similar values are going for currently. If you are looking to compare and contrast, there are a few general rules to keep in mind. For one, you should ensure that comparable properties should be from ¼ to ½ of a mile from your home. Another similar trait is the age of the home your comparing yours too. Is your home roughly around the same age as the one you are comparing it to? If not, then it’s probably not a good idea to use that home’s history as a research tool.

Learn from Expired Listings

Studying expired listings is one of the most useful and overlooked tactics to help determine a price point. After you find comparable properties that didn’t sell, finding the right price is as simple as finding out the reason they didn’t sell. Often people fail to sell simply because they aren’t always realistic about their price when they put their homes up for sale. If you are unsure of the mistakes previous sellers have made, don’t be afraid to ask your real estate agent for advice.

Think Like a Buyer

If you want to sell quickly at a good price, it is important that your frame of mind is the same as the people you are trying to sell to. Put yourself in the buyer’s shoes and consider what they might be looking for in their search for a house. This kind of thinking also ties into your price point. Before you finalize your price, you should be asking yourself whether your price is realistic for the property you are offering. An outside opinion for this portion of the selling process is highly recommended. Real estate agents can help you with stage by giving an accurate estimate based on your location and the selling history of the area. Estimating by yourself comes with the risk of posting unnecessarily high prices, no matter how much online research you may have done. It is very common for sellers to overestimate how much their homes may be worth. This is because part of being a seller comes with its own internal bias that can affect your decision making. To combat this, seek outside from opinions from real agents.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Perks of The Condominium Life

Owning any property comes with its own set of pros and cons. If you find that owning a house isn’t for you, consider simplifying things and work towards purchasing a condominium. Condominiums offer a higher standard of apartment-style living and come with many perks not fond of owning a home. If you are looking for an easy-going lifestyle where much of the manual labor is taken care of for you, then selling your home and purchasing a condominium may be the best option for you. Below you will find some useful information on why you should sell your home and move to a condominium today!

No Yard Work Required

One of the most obvious appeals to purchasing a condominium is that you won’t find yourself doing any manual labor like mowing the lawn, or any yard work for that matter. If the lack of maintaining the yard sounds interesting to you, there are a few things to research. For one, make sure you investigate the association that does the outdoor maintenance for your area. You should ensure that the communities’ associations are well run; after all, part of your monthly payments will be going towards outdoor maintenance. It is vital that you see the impact in the community and it will be immediately clear on whether the condominium complex is maintained.

It’s Less Expensive

Good news. It’s very typical that purchasing a condominium is cheaper than buying a house. It’s also true that they appreciate faster due to historical statistics; a nice bonus if you decide to move in the future. Be sure not to forget to factor associations fees and compare prices. Prices often vary on the association’s fees as well as the size of the property. Condos are not always necessarily a downsize; as they come in various styles and sizes.

It’s More Community Oriented

Because of the proximity, there is a greater sense of community. The condominium community is so high that sometimes you may even find that associations host events for different holidays and seasons. The majority of condo developments have a clubhouse where they host gatherings and provide some games and various extracurricular activities.

There are many reasons to move into a condominium, and like everything, it possesses different ups and downs that may depend on the type of buyer you are. There is also your family members to consider before hastily making a decision, so the most important thing is to take your time and do your homework. Get a real estate agent to help lessen the frustration of selling your home. Purchasing your dream property does not have to be complicated. The key is to take one step at a time and to make educated decisions.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-908-7293 or visit https://josephlewkowicz.com/

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Joseph Lewkowicz August Market Recap Report

It’s August, and that means time to put your properties on the market because time is closing in faster than you might think. Fortunately, it’s not too late to sell. If you are looking to get professional advice on how to sell quickly and hassle-free, don’t hesitate and call Joe Lewkowicz today! Joe’s latest livestream has more than a few bits of advice on how you can get your property sold fast. He gives guidance on how to take full advantage of August’s strong housing market and how to price correctly, so you have a better chance of success and get the most out of the home selling experience.

In his latest livestream, Joe speaks on why you may be struggling to sell your home, what areas in the Northwest part of Tampa are popular, and how square footage is not necessarily a good indicator of a home’s value.

August’s housing market remains a strong time to sell despite a slow change in pricing, as this last hot selling month draws to an end. The change is not nearly significant enough to expect too much of difference compared to the previous month’s market. First-time buyers will be the most impacted due to decreasing inventory mostly because of payments not being affordable. Joe also emphasizes that since the most opportune selling time is coming to an end, it is best to stay away from being experimental with your pricing. If you are finding that determining a price is a struggle then instead of listening to your neighbor’s advice instead, contact your local real estate professional to hear the most up to date pricing information.

This month’s livestream has brought us some insightful information about the current housing market’s situation. For one, Joe expresses that even in the middle of August, it’s still possible to take full advantage of the month and sell before time runs out. The secret is to make sure your home has a price tag that makes sense. In another question, a viewer asks why his house hasn’t been sold despite being shown to countless potential buyers. In Joe’s response, he says that his experience has taught him that more often than not, houses that are slower to sell are the ones that have an inaccurate price tag. Joe also states that square footage is by far, not the only factor to consider when determining a price for your home.

Also in the livestream, one viewer asks about four-point inspections, which is a type of inspection that is unique to homes that are over twenty years old. It turns out that this inspection helps determine if a home over twenty years is eligible for an examination. The process of this inspection checks all of your homes most essential utilities. The air conditioning, plumbing, roof, and electrical systems all must be green-lighted before qualifying for an insurance plan.

To conclude his livestream, the last question asks him, where are the hottest areas in the Northwest Tampa market to live? These areas are popular for a few reasons, because of the restaurants, parks, and even schools. For example, houses in the Westchase community are prevalent, because of the convenience stores and shopping plazas located close by. Some are even in walking distance from the homes. One other hot spot is Carolwood Village, located right by the Old Carrollwood area. Its popularity stems from commodities such as, parks, lakes, golf courses, and other great locations that strengthen Carolwood’s appeal.

To catch all the questions in the Livestream call, click to watch on Joe’s TV Channel: https://www.youtube.com/channel/UCwVCxXv6wT0S-LDFORWTwNw

A realtor with extensive knowledge is essential to navigating the real estate market, especially in the Tampa Bay area. Joseph Lewkowicz’ 40 years of experience offers the best help for all buyers and sellers with questions on the housing market.

For more information on the current real estate season, check out Joe’s monthly livestreams at https://josephlewkowicz.com/livestream

To watch the full August Market Recap report, visit Joe’s TV Channel: https://www.youtube.com/channel/UCwVCxXv6wT0S-LDFORWTwNw

Video Link: https://youtu.be/WI1enRsfijY

Website: https://josephlewkowicz.com/livestream