Category: News and Information

Orlando Realtor- Seller Series part 2

Posted on by Jenny Zamora

Hiring The Right Orlando Realtor 

Selling a home can be a daunting task to take on yourself. There are many moving parts involved in selling a property  like marketing, showings, open houses, contract negotiations, and complicated paperwork to fill out. You can make things a lot easier on yourself be hiring an experienced listing agent.

A top listing agent will have a foolproof and proven formula for marketing properties to the right people. This formula ensures that their client’s home fetches the highest possible in the least amount of time.

An experienced realtor should be equipped to handle any type of real estate transaction no matter what price, condition or situation. Realtors at our brokerage for instance, each have an area of expertise consisting of listing specialists, buyer agents, short sale specialists, marketing experts and transaction coordinators. Each one is an expert in their niche.

After a CMA [comparable market analysis] is completed on the property to determine an accurate listing price, the listing specialist will meet with the homeowner to discuss any issues that need to be addressed prior to showing the property such as minor repairs, landscaping, light staging, etc in order to improve curb appeal as well as make the inside look the best that it can.

The property should then be advertised in many different ways including the MLS, through the agent’s blog or website, a video showcasing the property, open houses, direct mail as well as through local publications.

Negotiating the price should be handled by the listing specialist to make sure that the homeowner gets the best price possible for their home that the market will allow. The homeowner will be informed of everything that happens every step of the way. The listing specialist’s job is to represent their client through the whole process of selling their home to ensure that the seller has the most pleasurable experience possible.

Are you thinking of selling your Orlando Home? Contact Jenny Zamora Listing Specialist and Broker for the ORC team to set up a free consultation.

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Alternatives To Short Sale

Posted on by Jenny Zamora

Alternatives To Short Sale Video

 

If your lender doesn’t agree to a short sale on your house, there are several other options available to you.
One option would be a “deed in lieu “, which is basically a voluntary foreclosure and all that happens is that you sign the property back over to the bank without going through the whole legal process involved with a foreclosure. You should be aware however that a deed in lieu will show up on your credit as a foreclosure.

 

Another option available to you, if you’re interested in trying to keep your house is a loan modification.  A loan modification is when we try and get the terms of your loan adjusted so that you can afford to keep your home. We do this by either getting your payment reduced or reducing the principal balance or both.

 

Bankruptcy is also an option to avoid foreclosure. There are 2 different types of bankruptcies, a chapter 7 and chapter 13. In this case you would need to talk to a Bankruptcy attorney, and most of them will give you a free consultation on the initial visit.

What if you just let your house go to foreclosure?

 

I would highly recommend that you don’t take this approach because you are just giving up, and when you give up then you’re giving up all control of your situation to the bank and then they can do what they want at that point.

 

Also, don’t think that just because you let it go to foreclosure, that you will be free of that debt. Actually the opposite will probably happen and the bank will hit you with a deficiency judgment for the difference between what you owe and what the property sold for at the auction.

 

So please if you find yourself in this situation, consult with a licensed real estate professional figure out what your best option is and take action.

 

Feel free to call us at 407-902-7750 or visit us at https://orlandorealtyconsultants.com/short-sales/

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Orlando Realtor- Seller Series part 1

Posted on by Jenny Zamora

This series is dedicated to Orlando homeowners that want to sell their property for top dollar in the least amount of time but aren’t sure how to get started.

 Over the next few weeks, we will be revealing a 6 step formula for selling an Orlando home quickly for the highest amount possible. This edition will serve as an overview of the steps that will be broken down in detail over the next month or so.

 You must first seek out an experienced Orlando Realtor with a reputation for getting the job. At our brokerage this person is known as a “Listing Specialist“.

 A Listing Specialist is exactly what it sounds like…a realtor that specializes in listing properties and nothing else. It’s no secret that if someone dedicates and focuses themselves at doing just one thing, they will become experts in their niche or their “one thing”.

A Listing Specialist will sit with you and discuss your time table for selling as well as the profit needed at the closing of the sale. They will also lay out the best plan of action to market the house and get the results you desire.

 Another critical step to selling your house is to price it right. Your realtor should prepare a detailed CMA [comparable market analysis] and go through it with you. This in-depth report of your home together with current market trends will help to determine what the highest listing price for your home will be.

 It’s then time to get the home ready for showings. You only one chance to make a first impression which is why it’s good idea to clean, de-clutter and even do some light staging if possible. A Listing Specialist can offer the seller tips on how to make the home look the best that it can without breaking the bank.

 Next, your realtor will help you to negotiate the offers that come in. Terms like contract price, contingencies in the contract, inspection periods, and closing date are all negotiable and an experienced realtor can prove invaluable in these instances.

 Once an offer has been accepted and a contract has been signed, you can start making plans to move out. You can count on your Orlando listing agent to be at your side at the closing table along with the buyer and the buyer’s agent and the title company. Once everyone signs the paperwork it becomes official and your you will receive your proceeds from the sale. 

Feel free to submit your questions or comments about this post below. For a quicker response, contact Jenny Zamora Lic Broker/ Listing Specialist at Orlando Realty Consultants at: 407-902-7750

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Orlando Realtors To Offer Major Rebates!

Posted on by Jenny Zamora

Orlando Realtors Offer Major Rebates To Public Servants

As of August 26, 2014, our brokerage, Orlando Realty Consultants [ORC] now offers rebates to public servants that use our services.

Jenny Zamora, LIC RE Broker at ORC has decided to offer a rebate on home inspections to veterans, active military, first responders, and teachers when they use her company to sell or buy a home in Orlando. Clients will receive up to $100 back at the closing of the transaction.

When the Orlando RE broker was asked to comment on her current promotion she said “It’s the least we could do to help out these local heroes that teach our children and protect our country. If anyone deserves a rebate, it’s them”.

Major Improvements To The Orlando Realty Consultants Website

Orlando Realty Consultants.com the company’s main website has recently been upgraded with a responsive theme to enhance the performance as well as the capabilities of the site. These changes have enhanced the speed and function of the site for all mobile devices like smartphones and tablets. Now, it’s just as easy to navigate the site from any mobile device as it is from a traditional laptop or desktop computer.
“More people than ever are using smartphones instead of their home computer to search the internet and these improvements are dedicated to them”

The new site is also equipped with the latest state-of-the-art IDX search software allowing users to search Florida homes for sale on the MLS just like a pro from the comfort of their own home. Zamora says, “The goal is to provide our clients with a convenient and pleasurable experience from any device”.

The new website also offers users an option to sign up for new home listing alerts as well as current market condition reports.

Zamora goes on to explain how important it is to be familiar with the latest technology related to the real estate business. She went on to say “These days, real estate agents have to be tech-savvy or they will get left behind and their clients will suffer for it”.

ORC specializes in selling Orlando real estate for top dollar in the least amount of time… Any price, condition, or situation.

Even if you’re in foreclosure, our Orlando short sale experts guarantee results. Any price, condition, or situation. Over the years our company has closed thousands of successful real estate transactions in Central Florida.

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Negotiating Price On Orlando Investment Homes

Posted on by Jenny Zamora

Buying Orlando Investment homes with the intention of fixing them up and selling them for profit can be a very lucrative business but you have to know when to buy and when to walk away.

In addition to being an Orlando Realtor, I’m also a re-habber. As a matter of fact, I was rehabbing houses for 10 years before I ever became a real estate agent. In that time I’ve learned quite a lot about flipping houses both what to do and what not to do. 

The tough part is getting the homeowner to sell you the property for the right price based on the repairs you have to make and still have enough room to make a profit.  Following are some tips on buying investment homes at the right price.

Comparative Market Analysis- Whether you’re dealing with a lender or an individual there’s usually some negotiating involved before both buyer and seller come to terms. I use every tool available to me in order to convince the seller why I’m offering what I’m offering. In addition to preparing a CMA [comparative market analysis]

Contractors Estimate- It’s one thing to spew out numbers to a seller of what you think you’ll spend on repairs to the property, but putting it in writing carries a lot more weight. Bringing a professional contractor’s estimate to the negotiating table not only shows that you’re serious, but it also shows that you’re an authority on re-habbing homes. When people consider you to be an authority on something, they tend to be more inclined to believe you.

Create Rapport- People like to do business with people that are likable. I’ve had situations where I ended up getting a deal not because I was the highest bidder, but because I created rapport with the seller. Sometimes the reason people need to sell their homes is because of financial or personal hardship. And many times these people just want to tell their story to someone that is willing to listen and sympathize with them.

The “all business” type of investor that storms through the house and barely acknowledges the seller let alone listens to their story won’t make nearly as much money as the investor who takes his time with the seller and listens to what they have to say.

Taking a little extra time with people and trying to create a bit of rapport with them will not only make you a better negotiator, but you’ll feel better about yourself knowing that you helped someone out just by listening to them. If you make it not about the money, you make more money!

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