The 7 Most Common Home Selling Mistakes


When Selling an Orlando Home Avoid These Common Mistakes

Setting the price on your own- The Orlando real estate market is constantly changing. Don’t think that you can determine what your listing price should be on your Orlando home just by going to Zillow. To come up with the true value of your home enlist the help of an experienced Orlando Realtor. Listing your home for the correct price from the beginning is crucial to a successful home sale. Failure to do so can result in longer than average days on the market which translates into less money in your pocket.

Pricing it too high from the beginning- If your home is overpriced you’ll get fewer showings because buyers looking for homes up to a certain price range may not even bother looking at yours. You will ultimately have to lower the price anyway to get it sold so make sure your listing price is realistically from the start.

Using an unusual listing price- When buyers use real estate search tools, they have to input ranges for example, “homes between $150,000-$200,000.” So if you set an unusual listing price, like $201,500.00 then you just might miss out on a potential buyer.

Overpricing on purpose- If you’re not in a rush to sell you may want to consider waiting to list your home until you are. Some homeowners adopt a strategy of listing it high thinking they’ll get the perfect buyer out of the blue that’s willing to pay a lot more than the home is worth because they’ve just fallen in love with the home and can’t live without it. This never happens! The fact is, the longer a home sits on the market the fewer showings you’ll get, and if it’s overpriced then don’t hold your breath for that fantasy buyer.


Don’t get emotional- Remember, selling a home is just a business transaction so keep your emotions out of it. And never, ever walk around your house with a potential buyer, chances are you won’t have the same taste which can create an awkward situation for the both of you when they make a negative comment about your decor. Even if you get a low ball offer don’t take it personally. You should consider any offer a starting point for negotiation.

Not keeping it in good condition- Unless your home is a fixer-upper in need of major repair, make sure that it looks the best that it can. Having it clutter-free, clean and tastefully staged will go a long way in not only attracting more potential buyers, but also in getting top dollar and selling quickly.

Selling without a REALTOR- People who sell their homes “FOR SALE BY OWNER” stay on the market a lot longer than they should and sell for a lot less than those who enlisted the help of an Orlando REALTOR. By using an experienced real estate agent, you’ll have the peace of mind that someone’s in your corner looking out for your best interests as well as handling any problems that may arise throughout the transaction.

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2015 Tips For De-Cluttering Your Orlando Home

With the introduction of the new year, resolutions are in full swing. It’s also the best time of the year to do a massive cleaning and de-cluttering of your Orlando home. For our family, the means to donate old toys, outdated furniture, and other objects so that we can utilize the extra space in each room. It’s actually something that I really enjoy doing because it gives me that sense of a new beginning. I don’t know what you’d call the opposite of a hoarder, but that’s me [out with the old, in with the new!].

For some people, however, this can be a painful process. Just the idea of cleaning out those daunting cabinets, closets, and drawers can make them want to run for the hills.

6 Step Guide To De-Cluttering Your Orlando House With No Stress

  1. Don’t Try to Do it All at Once! This will make the task seem overwhelming and impossible. Pick the room that’s the most cluttered in the house and start de-cluttering, one room at a time. I like to start with the biggest items and work my way down to the small stuff. You can put the things you want to keep in a storage facility or your garage and donate everything else. You will see that once you get started it’s kind of hard to stop (It is for me anyway). The more you get rid of, the better you feel.
  2. Decide What Stays and What Goes. When moving the things back into the room after cleaning, it’s a great time for you to ask yourself; does it stay or is it history? Bring the items back into the space one at a time.
  3. Get Organized! When clearing everything output similar items together in a box. This will allow you to take inventory and get rid of unnecessary duplicate items scattered throughout the house.
  4. Stay Organized! When you’re to start putting things away, make sure that you place things in a location that makes sense. For items that you use day-to-day, put them in a location that’s easy to access. For other items that may not get used that often, maybe a high cabinet space or in the closet. Having a specific place for the items you wish to keep will prevent things from ending up all over the house again.
  5. Don’t Procrastinate! Once you’ve figured out what gets thrown away and what gets donated then either throw it away or take it to the donation box immediately. Don’t put it off, the sooner you get that stuff out of your house and clear from your mind the better off you’ll be and you’ll have a better of preventing clutter from returning
  6. Clutter Prevention. It’s a good idea to not purchase items unless you need them. If you’re like my wife, then you love a good bargain and sometimes it’s hard to resist getting a good deal on something,…even if you don’t need it! Take a moment to think about where you will put it in your home, will you really use it? Where will you store it? I the answers don’t make sense, don’t make the purchase.

The key to keeping you’re home de-cluttered is to keep things organized by creating a system that enables you to keep your home free from clutter every day. Once you’ve committed yourself to be clutter-free, you’ll feel better and actually be healthier. If your home is free of clutter, then your mind will be able to focus with less effort for maximum production.

Working as an Orlando listing specialist, I’m always giving my clients tips and advice for staging the home before listing it. The first thing on my list of recommendations is always to clean and de-clutter the home. Doing this step alone will make a huge difference in the way the house shows and together with my other staging recommendations will ultimately attract more buyers and a higher selling price. If you need help or advice on helping you to sell your Orlando house, call me today! I’m happy to help.

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ORC Closes Another Orlando Short Sale

  ORC closes another Orlando short sale. Jenny Zamora, Listing Specialist/short sale expert known for getting her listings sold in record time for top dollar has beaten the odds once again. Now…  I don’t write about every short sale listing our company closes [or I wouldn’t have time to write about other stuff] but I felt that this one is worth sharing.

This Orlando home was originally listed by an investment group that claimed to be short sale experts and promised to get the job done fast and efficient, and of course… free of charge. In reality, they were actually wholesale flippers that ended up dragging the homeowner into deep water.

The strategy of a whole sale flipper is to submit a low offer to the bank on a distressed home in hopes that the bank will accept the offer so that they can flip the deal to another buyer without having to close on it themselves. If it works, the flippers make a few thousand bucks the seller gets rid of their problem and everyone’s happy.

However, if the bank rejects the offer the homeowner is then left holding the ball. Once the wholesale flipper realizes that they can’t make money on the deal, they will typically move on to the next potential seller [or victim] at this point leaving the homeowner in a bad situation to fend for themselves.

Getting back to our story…The lender set a foreclosure date just 30 days away and the investment group bailed on her when they couldn’t get the short sale approved. After reading our online reviews, the homeowner came to us thinking that all hope was lost and her home would surely be foreclosed on.

After consulting with distressed homeowner, we accepted the file and Jenny Zamora went to work immediately on the short sale. By using all our marketing tools as well as blasting the property details to our network of active home buyers from around the world, she quickly got the word out and managed to get serious investor interested in the property for a price that lender was happy with.

By getting all necessary documentation to the lender quickly in an organized and efficient manner, they stopped the foreclosure process allowing ample time for the new buyer to close on the property. As a result, the lender issued a new short sale approval letter that gave the buyer 30 days to close on the property even though the buyer only needed 10 days to close. 

If you’re in need of completing a short sale on your Orlando home, please, please, please beware of so-called “short sale expert investors” that promise to save you from foreclosure. Be sure to research anyone you plan on working with extensively. Many of these companies are only out for their own financial gain at the expense of the homeowner. 

It’s important to know that unlicensed investors aren’t bound by a code of ethics nor are they subject to follow the same laws that licensed realtors are. An Orlando realtor is sworn to put the best interest of the homeowner first and if they don’t, they can be prosecuted and potentially lose their license.


Orlando short sale expert

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Median Orlando Home Prices in Shoot 24 Percent Up at the Close of 2013

 Wednesday reinforced positive sentiments among Orlando realtors as the Orlando Regional Realtor Association released its yearly report about the Orlando real estate market. The report revealed that the average Orlando Home price for properties in the city saw a 24 percent hike in the previous year. This 2013 rise in median home prices marks an all-time high since the economic downturn of early 2006 that took the housing market down with it.

Key takeaways from the report

 The median home price in the core Orlando real estate market was $149,625, in 2013. Back in 2012, the corresponding figure stood $28,000 below, at $121,000. The last time Orlando real estate agents had seen such a hike was just before the housing bubble in 2005.

Median house prices rose by more than 33 percent that year. The same upturn of events was seen in 2013. The report holds that 2013 saw the sale of 6.54 percent more homes, than the previous year. Compared to the 28,765 homes that were sold in 2012, 30,645 were sold in 2013, showing just where top Orlando realtors had been busy the year.

Comparing the statistics for December alone, aggregate median home prices were up by 20.87 percent compared to the previous year. In the December of 2012, the aggregate for Orlando was $132,500. The 20.87 percent boost brought up aggregate median house prices for all of Orlando to $160,150 in the December of 2013.

The Christmas month also saw a 3.32 percent hike in the median home price of Orlando real estate properties from the previous month. Compared to the median price of $155,000 in November 2013, December registered the median price of $160,150. Real estate agents in Orlando sold 2367 homes in December – 11.55 percent more than their November tally.

Prime reasons attributed to the up-turn

 Orlando Regional Realtor Association’s chairman, Zola Szerencses remarked that the competition between investors and buyers helped reverse the sunken-mortgaged conditions for many property owners.

Industry experts list low inventory during the first two quarters as a positive influence. The second and third quarters presented prospects with low-interest rates – boosting confidence and increasing sales.

Despite the promising upturns, the median prices in the Orlando real estate industry remain considerably low compared to the peak Orlando realtors saw in July 2007. The real estate bubble was about to burst and median prices for the Orlando neighborhood homes peaked at $264,000. For 2014, economists have predicted a flattening up of the sales and price increase to about five percent.

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