Stay tuned for more details on our next Smith Virtual Open House Event and visit SmithVirtualOH.com for more information.
Recognized as a Top Workplace for the Fifth Consecutive Year
For the fifth year in a row, Smith & Associates Real Estate was recognized as one of Tampa Bay’s Top Workplaces by the Tampa Bay Times. The organization ranked in the top five for midsize workplaces in Tampa Bay (#4). The ranking is based on employee survey feedback with over 34,000 employees in the local market responding.
The employee engagement survey gathered responses on workplace culture in the areas of: Alignment, Coaching, Connection, Engagement, Leadership, Performance, and the Basics like pay, benefits, and flexibility.
In the Tampa Bay region, nearly 190 leading employers were nominated by their employees. To be considered for participation, companies or government entities had to employ at least 50 workers in Florida.
“Recruitment and retention are a key focus for us and we create a team culture that demands excellence, encourages community connection and feels like family. Winning this award and scoring so high with our employees validates what we are doing to support our employees’ individual and professional growth goals and we are honored to have such a great team that supports each other in such a positive way,” says Bob Glaser, President & CEO of Smith & Associates.
For a complete list of the 2020 Top Workplaces in Tampa Bay, click here.
To learn more about Smith & Associates Real Estate and join our team, click here.
Two Smith & Associates Commercial Real Estate agents, Kevin Platt and Patrick Calhoon, were recognized by the Florida Gulf Coast Commercial Association of Realtors (FGCAR) with Pinnacle Awards. FGAR Pinnacle Awards showcase the most notable commercial real estate professionals in the area for transactions completed in 2019.
Patrick Calhoon of Smith & Associates was named Top Producer for Investment Sales. Patrick Calhoon has been a licensed broker/salesperson specializing in commercial transactions since 1984 and has over $400,000,000 in closed business. He has a long track record in Pinellas County in all facets of the market, i.e. apartments, motels, retail and industrial properties, as well as the sale of many beach area investment properties.
The FGCAR Association awarded Kevin Platt as Regional – Top Producer Office #3 for 2019. Kevin Platt has been awarded Pinnacle awards for extraordinary production in a variety of asset classes on an annual basis. In 2014, Kevin received national recognition by the National Association of Realtors and is one of Tampa Bay’s most esteemed agents.
Platt has successfully developed specific marketing programs for a wide range of asset classes including Retail, Office, Industrial and Multifamily products that have consistently generated sale values. His client representation has included many local, regional and national lending institutions, as well as local and regional business owners and has been working with Smith & Associates Real Estate since 1988.
“Our commercial division is continually recognized for their dedication, hard work, and commitment to customer satisfaction,” said Bob Glaser, President & CEO Smith & Associates Real Estate, “Every year, they receive accolades noting them as the best in the business for their achievements.”
The Pinnacle Awards honor FGCAR members for top deals and top production at national and regional levels. The 2019 Pinnacle Awards event has been postponed due to the COVID-19 crisis. For a complete list of the 2019 winners, visit the FGCAR website.
Smith & Associates Commercial Division was built on a reputation for experience, knowledge, and integrity as exemplified by Platt and Calhoon, and offers comprehensive services across the entire Tampa Bay area.
Kevin Platt, REALTOR®
Pat Calhoon, REALTOR®
The greatest questions in times when there is uncertainty are “What should I expect today”, “What will tomorrow bring” and “What should I do”. You can rely on Smith & Associates to continue to serve the community as the skilled and trusted real estate advisors we have been and will remain. With that in mind, I offer you the following insights into the local effect of these unprecedented events.
Tampa Bay had a record-setting first quarter in real estate, which was the case broadly across many of the markets in the US. We are still seeing much of that success in current closings and inventory yet available. Of course we are seeing some market reaction as buyers and sellers adjust expectations and alter goals. Some choosing to wait and see, while others have made swift decisions. Each individual’s situation is unique and must be evaluated in total to find the correct path.
As many states, including Florida, have adopted new stay at home protocols, we have begun to see the effects of these actions upon the market as professionals and consumers adapt to sales and showings that can be done safely with buyers that have a need to purchase at this time. In our market, real estate activities have been labeled essential, as long as these actions conform to the current guidelines of size limits and social distancing. Together with your Smith Associate will be the best judge of the practices that are right for each situation.
Smith is adjusting strategies to accommodate for consumers limited movement through virtual showings, promoting with a more digital focus, fantastic photos and an elevated degree of electronic communication. Additionally, the closing process is being altered and advanced with safety and convenience in mind. Our administrators continue the 10-day pre-closing prep check to assure all is in order to progress smoothly onto successful completion of transactions.
Naturally, the market will slow in some price ranges and days on market will likely extend to some degree. However, buyers that have been waiting for the “right” home are venturing out for safe showings and buying homes. Of course some are testing values to see if sellers have felt any impact financially hoping to create some opportunity in price negotiation. It is early to tell, but as weeks extend to months, perhaps the trends will show some opportunity in certain ranges for properties not in top condition. Now is the time to get the home in great order so when you do come to market, the best presentation is offered.
If the home was on market prior and things have gone silent, it may not necessarily be isolated to what would be the typical considerations; price or condition, rather, the market may simply be in a pause until folks feel safe. After a period of readjustment occurs and stability returns in employment and our economy, routine behavior will reestablish and Tampa Bay will continue to be one of the best places to choose to live and enjoy life.
We at Smith & Associates, look forward to when buyers and sellers can become more fluid in their movement, but for now we have virtual, digital, and electronic solutions in action to service and support the needs of our consumers right now to accomplish the task of reaching the current goal. As time passes and we begin to see market changes, we will communicate further insights on values and trends with our team to deliver to the communities they serve as trusted real estate advisors.
May you and your family remain safe and secure and at any time we are glad to provide you with market information to assist in your decision-making process. We will continue to be your real estate resource and trusted friends in Tampa Bay.
President / CEO
Please watch as CEO of Smith & Associates Real Estate, Bob Glaser, discusses the Real Estate Market as it relates to COVID-19.
Smith & Associates Real Estate has been an integral part of the Tampa Bay community for over 50 years. We have provided strategic real estate services through market booms and busts and will continue to provide you with relevant real-time real estate market information.
We are experiencing an unprecedented event in modern history, a global pandemic, COVID-19. While we cannot predict exactly how the virus will spread or the markets will respond, we can promise that our agents with years of experience, will continue their timeless commitment to provide timely facts and analysis on our local market. Because we are in constant communications with our global partners we expect that the United States and Florida will soon be subjected to much more restrictive social distancing regulations.
However, now is definitely not the time to panic. The real estate market is far less emotional than the financial markets. Everyone needs someplace to live, and Florida is still an extremely attractive place to live, work and play.
Many people who are considering buying now may be swayed by other benefits of homeownership: control and certainty. Real estate offers people stable monthly payments and a home that makes them feel safe, comfortable, and happy. Further, inventory is still tight in Tampa Bay and historically low-interest rates mean a buyer can secure best value. People will continue to invest money into tangible assets. Throughout the next few weeks, we will continue to provide timely real estate updates.
We understand the safety of our agents and clients is a top priority. Technology allows us to take a virtual tour of a listing and provide online concierge service with a real estate expert. To assist sellers and buyers, we have secured the best virtual experiences on our listings and providing individual showings on request. Our agents will remain available, providing online and video consultations, live streaming property tours, and sharing updates on social media. We continue to monitor and adhere to the guidelines set forth by our local, state and national governments, as well as leading real estate industry associations.
It has been an honor to live and work in Tampa Bay for my entire adult life. I know how strong, supportive, and resilient we are as a community. I am as confident in Tampa Bay’s real estate market as it was two weeks ago before we fully understood the seriousness of COVID-19.
While events that bring us together have shut down, all 285 of our agents are just a phone call away and are equipped to offer sound advice and assurances.
President / CEO
The excitement was contagious as business leaders, elected officials, and future Marina Pointe homeowners gathered to celebrate the groundbreaking of Marina Pointe. Speaking at the event was Tampa Mayor Jane Castor, BTI Partners CEO Noah Breakstone, and Smith & Associates Real Estate President and CEO Bob Glaser who all echoed the shared sentiment that the Westshore Marina District, and its crown jewel of Martina Pointe, will be a game-changing neighborhood that will redefine South Tampa.
Marina Pointe introduces a new contemporary waterfront condominium and townhome lifestyle with breathtaking views, resort-style amenities, and unabashed luxury Overlooking a protected, deepwater yacht basin, Marina Pointe condominium residents will be able to indulge in an impressive array of private amenities or walk to shops, dine at marina-front restaurants, and boat onto open bay waters. More than fifty homes in Marina Pointe have already been reserved and several future homeowners who attended the groundbreaking said that the lure of the boating lifestyle so close to South Tampa is what they are most excited about.
With a state-of-the-art marina, a retail center that will include the Cru Cellars wine bar and shop, Duckweed Urban Market boutique grocery, DRNK Coffee Shop + QWENCH Juice Bar, Crave Spa, Salon Color Bar, and Sand Surf Co., among others and a boat-up dining destination, Paloma, the condominiums and townhomes will be a short stroll away from the waterfront promenade. The Westshore Marina District will also offer walking trails and parks along the waterfront that will connect with the marina.
The first residential tower of Marina Point is expected to take two years to complete and the retail center will open in the first quarter of 2021.
To learn more about Marina Pointe’s one-of-a-kind luxury condominiums and the all-new marina’s amenities and services, explore the website at MarinaPointe.com, call 813-930-9800, or visit the sales gallery at 4900 Bridge St, Tampa, FL 33609.
See more photos from the Marina Pointe Groundbreaking Ceremony, here.
View full photo album, HERE!
When you think of living in a large city, you can envision walking out of your flat and immediately having an array of shopping options. City life means having an array of boutiques, restaurants, services, cafes, and coffee shops easily accessible from the doorstep of your home. As the urban centers of Tampa Bay develop, enhanced walkability and access to restaurants and shops is becoming desirable for the modern homeowner.
The locals may not want the extreme lifestyle of big cities but they do want options and Tampa Bay developers are changing the landscape of these communities with a focus on top-quality retail. Condo towers are becoming a valuable asset to their neighborhoods by creating a unique sense of place with the ground-floor retail space that they provide. Often in popular walkable neighborhoods, the new developments bring new construction to premier established neighborhoods while providing an opportunity for retail in neighborhoods that may have lacked the space to add restaurants and shopping. Walking to your favorite restaurant for calamari and a glass of wine or picking up a last-minute hostess gift for a friend, can be a pleasing benefit to owning a home near retail options.
Hyde Park House
Built in the Historic Hyde Park neighborhood, residents of Hyde Park House will be able to walk along the oak-lined streets for craft cocktails, Italian cuisine, salon services, freshly brewed coffee, or a new release at the boutique cinema in Hyde Park Village. The live, work, play environment of the Hyde Park House’s location, creates a lifestyle where you can enjoy the quiet green space of the neighborhood while still having access to all the things that make urban dwelling so rewarding.
Saltaire St. Pete
Saltaire St. Pete plans 10,000 square feet of ground-level retail space to offer additional conveniences, services, and amenities for residents. Saltaire’s central and walkable location will make it an integral part of the downtown St. Petersburg community. Residents get the added benefit of privacy with a grand lobby with staffed reception while having open access to the retail and streetscape that make the neighborhood an unmatched destination.
Water Street Tampa/The Residences at The Tampa EDITION
On an even grander scale, Water Street Tampa exemplifies the mutual benefit of residential condo development and the unique neighborhood vibe they create. The Mayor of Tampa, Jane Castor, says that 23,000 people are expected to live, work, and play in the Water Street district once completed. The Residences at The Tampa EDITION will be in the heart of the Water Street neighborhood and offer residents direct access to a multitude of dining options including a 5-star restaurant and cafes. In addition to retail, The EDITION combines the world-class EDITION brand curated by Ian Schrager and world-renowned designers, Roman & Williams.
Similarly, at Marina Pointe, developers from BTI are creating Tampa’s newest walkable waterfront neighborhood by introducing a full master-planned community overlooking Tampa Bay. A complete contemporary environment for inspired living, shopping, and dining will be created in the center of the development as an added amenity to those living in Marina Pointe. There will be a wine bar, boutique grocery store with organic grab-n-go options and freshly squeezed juices and waterfront restaurant with boat dockage.
In some instances, new developments help spur retail development such as the case with Altura Bayshore. Fine restaurants continue to pop-up in the Bayshore Gardens area, Counter Culture being the newest addition to the Altura neighborhood with hip interiors and an elevated dining experience led by one of Tampa’s most noted chefs, Jeannie Pierola. Life at Altura provides easy access to a stroll on the iconic Bayshore Boulevard followed by dinner at one of the newest restaurants that Tampa has to offer.
Increased density spurs new businesses and these Tampa Bay developers are focused on designing retail environments that enhance the lifestyle offered to residents and their neighbors.
Visit our Developer Services page for the inside scoop on new construction projects!