Realtor Spotlight: Meet Tom Colasanto of Mopper-Stapen Realtors, Inc.
Where did you grow up? Brooklyn, New York
Spouse- Cathy Colasanto Director of Operations for Turner Food & Spirits. Years married- 13
Children- Jacqueline Kendrick, Wayne & Tom Jr. I also have seven grandchildren: Michael, Rachael, Zachary & Daniel Colasanto, Kevin & Kaitlyn Kendrick and Tyler Colasanto.
Pets- One Chihuahua named Chalupa who believes the whole of Savannah belongs strictly to her and challenges any other animal walking the streets.
What do you enjoy most about living in the Savannah area? The ambiance, also the people and the way they refer to you as Mr. Tom or Mizz Cathy, and most of all the weather.
What do you enjoy doing when you’re not working? It used to be golf, but it seems I never have enough time for it, however Cathy and I enjoy traveling and have been to many different places. Our favorite place of all has been Italy.
How long have you worked in Real Estate? 8 years
What would you consider your specialty? Residential Sales and Purchases.
Do you have any accreditations or certifications? Realtor, ABR, GRI, CDPE, Associate Broker
What is the most challenging/gratifying aspect of what you do? Helping Buyers and Sellers to achieve their dreams. Working closely with them to help them understand today’s market and how they can accomplish what they set out to do.
What is the most unique property you’ve ever listed or sold? The property was part of an estate sale. The estate consisted of three homes closely associated. One of the homes had already been sold; the remaining two homes were on an adjacent property and had some conflicting issues with the first home. After some very heated discussions, positive negotiations finally led to a successful sale and all parties were satisfied with the outcome.
Describe your most memorable real estate transaction… I would have to say that it would be the purchase of our current home. Cathy and I had been living in Richmond Hill and traveling to Savannah two to three nights a week to dine. We decided to search for a home downtown and found a wonderful 1839 reconstructed home in the heart of the city. We immediately fell in love with it, and have been living there ever since.
What is the one tip you have for someone looking to buy a home today? With the amount of inventory on the market, the key to purchasing a home is first to be sure to talk to a lender so that you know what your limitations of finance are. Once you have established that, choose a Real Estate Agent you feel comfortable and will act in your best interest. That agent will provide you with the tools you need to find the type size and location of your dream house. After reviewing the many homes available, narrow it down to five or six that best meet your wants and needs and discuss your choices with your Real Estate Agent. Your Agent will help guide you in your final decision to achieve a successful closing.
What is the one tip you have for someone looking to sell a home today? Actually, there are two tips I provide to Seller’s. The first one is to price the property right to begin with; the second is to have patience. With today’s inventory, the Seller needs to understand that although their property may be very desirable, Buyers have lots of choices and are sometimes slow to make decisions.
What do you see in the future for real estate sales/prices? The population increases each year, people need housing. Although there currently is an abundance of inventory, that inventory will eventually diminish to the point where there may become a shortage. At that time, the pendulant will once again swing toward a Seller’s market, creating the need for additional housing. Developers will once again flourish, and as time passes, the current stay at home children will want and need to expand into their own properties. Consequently I feel very positive about the future, and as the demand grows for housing, the prices will once again stabilize and begin to rise.
Why should someone use you as a real estate agent? I am trustworthy and focus my efforts solely toward my clients. Plus I have a great smile!