How To Find The Best Realtor In Your Area

Finding the best realtor locally doesn’t have to be confusing. Here are some tips to help you find the best real estate broker in your area.


Firstly, jumping in the car and touring the area can be a great indication of the best realtors in the area. Check out the houses that are for sale and who they are listed with. This is a great way to find the most popular local real estate brokerages in the area.

After finding the most popular companies, you can then take your research further online.

Every realtor should have a web presence this will help you find out more about their company background, the properties they list, the areas they work in, and ultimately any ratings and reviews they have online.

Be sure to check out independent review sites where possible to get a more rounded look at the brokerage you have your eye on. All realtors will generally be open to sitting down and discussing your needs before you have decided on the company you want to help list sell your property.

Most realtors will be more than happy to offer help and advice should you need it so don’t be afraid of picking up the phone and discussing the different options available to you.

Selling your property should be stress-free and finding the right realtor for you doesn’t have to be confusing.


Just be sure to do your research well and ask questions.


For more help and advice on selling your property give us a call at 407-902-7750 or check out our website at https://orlandorealtyconsultants.com/ in more detail to find out more about what we can do for you.


How To Find The Best Realtor 407-902-7750

 

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Home Prices Expected to Rise Through the Next Year

Market reports at the end of the first quarter of 2014 reveal the US real estate industry is inching toward increasing home prices. Almost 20 percent of the nation’s metro residential real estate markets have freed themselves from the pangs of declining home rates experienced during the recession. Further, the median prices of homes experienced a one percent hike nationwide.

Amidst the new information, is speculation that home prices would continue to grow through the four subsequent quarters. According to analysts, a 3.3 percent hike in home prices can be expected through March 2015.

Homes To Sell At Pre-recession Prices by March 2015

Compared to peak housing prices in 2007, before the market crashed and housing prices fell by 22.6 percent in 2011, the nationwide increase in 2014-Q1 is still low by 13.5 percent. However, compared to last year (fourth quarter of 2013), the value of homes saw a nationwide increase of 0.5 percent.

According to a recent industry report, 527 cities and towns out of the 6,781 that witnessed at least 10 percent decline in housing prices, have already recovered or will recover by March 2015. Further, in close to 60 metro housing areas, prices have already exceeded (or are predicted to exceed) the pre-recession values by 2015.

Affordability Not A Concern For Orlando Home Buyers

Orlando Home buyers need not be concerned about the steady appreciation in housing prices. Not yet at least, according to a majority of the real estate agents in Orlando. Top realtors hold that housing affordability will not be affected by the rise.

Affordability has been strong and will continue to be so in a majority of metro markets including the Orlando real estate market. In a couple of markets, however, San Diego, San Jose, and Los Angeles to name a few, the situation is a little different. According to the report, affordability is already a concern for these metros, with rents rising 2.7 percent from their value in the first quarter of 2013. Low affordability often causes home values to drop in certain places, especially when buyers are forced to look for affordable housing farther from the business hubs and urban job centers.

For metros, where affordability is not a concern, the first quarter presents some great home-buying opportunities. Rates of fixed and variable-rate mortgages have reduced significantly and banks have become more lenient in lending.

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Orlando Home Prices Continue to Go Up

For Orlando realtors, the upward trend is set to continue as Orlando home prices continued to go up in January to $149,950, clocking an 18.1 percent increase compared to about $127,000 in 2012. However, according to the Orlando Regional Realtor Association (ORRA), the median price in January went down 6.28 percent compared to December.

Home sales and tax exemption

For most Orlando real estate agents, sales were a little bleak with ORRA members publishing 1,800 home sales, a drop-off of 10.67 percent when compared to January 2013. When compared with December, it is a 26.32 percent decrease. According to Zola Szerencses, the chairman of the ORRA, the decline in December to January sales is partly due to the annual December rush to close sales before the year ends.

Szerencses informed that the principal financial boom of homeownership is the homestead tax exemption and owners must possess their new home before January 1 of any New Year to claim the exemption in the New Year. He also said that the interest rates rise in 2013 has worsened both years to year and month to month decline reported for January.

Metropolitan Orlando

According to a report published by Florida Realtors, residential prices increased throughout the Central Florida region during 2013. In the metropolitan area of Orlando, including the Seminole, Lake, Osceola, and Orange counties, the average price of a home increased by 20 percent to $165,000.

Nearby Orlando, the sale prices of homes in both Polk and Volusia counties were more than the rest of the state. According to Orlando real estate agents, the median price increased 17.2 percent in Volusia to $124,250. Sale prices increased 16.2 percent to the median $122,000 in Polk County.

Unequal increase

In Orlando and its adjacent areas, nominal growth was showed only by Brevard County. Prices in that area rose by 6.8 percent and reached a median of $125,000 in 2013. The sales pace was slower in Metropolitan Orlando when compared to Florida. Total sales amounted to 27,381 units of single-family homes, about 6.4 percent increase compared to 2012. Other parts of the state showed double the number of sales.

The townhome and condominium sale prices of metropolitan Orlando exhibited bigger gains than the home prices of the area. The asking price for multi-family residences in the metro area increased 25 percent during 2013 to reach the median of $95,000.  Orlando condominium prices were at their lowest about five years ago.

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Over 700 New Businesses Crop Up In Central Florida in a Month

According to records maintained by the Orlando Business Journal, Central Florida and Orlando real estate area was home to 714 new businesses, all in the very first month of the New Year. The weekly newspaper company collected public records around Central Florida and found that in the month of January 2014, a total of 714 new businesses covering a wide spectrum ranging from smaller hot dog carts or mobile food vans to the larger businesses like ad & marketing agencies and law firms, opened up in the area.

300+ new businesses in Orlando

Among the 714 new businesses in Central Florida in January, close to 300 businesses opened in Orlando. These include several restaurants, subcontractors, retail stores, wholesale stores, tile companies, administrative offices, air freight and attorney offices, wedding services,  delivery services, importers and exporters, event planners, auto sales, auto repair, car wash garages, cosmetologists, medical doctors, massage therapists, personal finance managers, graphic designers and photographers to name a few.

Residents can now eat out at the Schumanns Jager Haus LLC, Qarma Crepes or Bosphorous Turkish Kitchen LLC, shop at the Kiki Caribbean Market LLC, Bevfly LLC, Sweetheartz USA Inc., B&B Multi Services Caribbean Store or D Vapor, groom themselves at the European Wax Center, Pasarella Salon & Spa, A All About Hair Design, Fantastic Sams, Great Looks Salon, Khush Threading Herbal Salon, Next Cut or the Vamp Hair Studio, hire vehicles at I Transit International LLC or purchase from the Terra Firma Auto Group Inc. and Utuado Auto Sales LLC.

The locality now also has new clinics in the Florida Nephrology PLC, JML Diversified LLC, and Solutions Weight Loss to name a few as well as cooking instructors, chefs, a new community home- the 2 Heart To Heart Group Home Inc., private investigators, psychic readers and NGO offices to name a few.

Orlando realtors are hopeful the housing market will flourish

Real estate agents in Orlando attribute the city’s growing reputation as an industrial center to the impressive setup of so many new businesses in one month. According to realtors in Orlando, even though Florida no longer provides moving incentives to entrepreneurs and businesses, the state’s economy and real estate market, in particular, have benefited from the slow but steady growth of the U.S. job market.

The tight supply of homes and improved interest rates for mortgages has improved the confidence of contractors as well as home buyers. As new housing settlements get chalked down, associated businesses begin setting up, and the two support each other simultaneously.

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Orlando Real Estate Joint Venture to Bring 800 Luxury Apartments to Central Florida

  Orlando real estate developers, the Del American Real Estate Group Inc, have ventured into a partnership with the BentleyForbes LLC from California to build around 800 new apartments in Central Florida. Their development partnership goes by the name BentleyForbes Del American.

The BentleyForbes Del American Projects

BentleyForbes Del American was created to build high-end apartment communities in California, Florida and Texas. These apartment communities would constitute of luxury, resort site multifamily apartments.

Chairman and CEO of the Del American Real Estate Group, Chris DelGuidice revealed that a letter of intent of their first project as a partnership had already been submitted for two Central Florida sites that the state had approved and zoned for housing construction.

These two potential sites include one in the Winter Park or Maitland sub-market and another in Orange County. DelGuidice also reveled that, if approved, the apartment communities on both sides would be constructed like the Pure Living apartment complex in Heathrow.

Constructed by the Del American Group in 2008, Pure Living Heathrow complex was put up for sale in 2010 and has since, become the symbol of luxury living.

According to DelGuidice, both deals can be expected to come through, by the second or third week of February. If approved, the BentleyForbes Del American would begin the design and engineering work by March and the actual construction work is to begin in the fall of this year.

Apart from the construction of Pure Living apartments on these two sites, the joint venture is also working on sealing other deals the details of which haven’t been revealed by CEO DelGuidice yet, because of the lack of any “definite agreements” as he puts it.

Support to nearby businesses

Construction on the first, two-site project is projected to cost anything between $108 million to $132 million for the joint venture. Real estate agents in Orlando and Central Florida have welcomed the news since the project has opened up several opportunities for them. The project would bring new high-end apartments – boosting the growth of the Central Floridian sub-markets. Additionally, local businesses – shops, restaurants and so on would see higher traffic and the possibility of the emergence of new businesses.

Additionally, the project is expected to create temporary construction jobs for over a thousand workers as well as subcontracting opportunities for other Orlando real estate developers.

Considering other new projects that have been creeping up all over Central Florida, like the 330-unit apartment community near Orlando International Airport, Orlando Realtors are convinced that 2014 is going to be good year for the housing market.

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