Tag: Orlando Realty Consultants

Orlando Mortgage Brokers Speak Out

Posted on by Jenny Zamora

Orlando Mortgage Brokers Spill Their Guts

Recently, top mortgage brokers in Central Florida were asked what their biggest challenges were in their industry. A few of them had this to say…

Some claim that the mortgage market still has ways to go before it fully recovers and that home sales are still below normal levels when you compare them to last year. Brokers feel that inventory levels still haven’t quite caught up with the demand. They went on to say that many people are still reluctant to buy because of the overall lack of confidence in the job market.  All of these factors have a tremendous impact on home purchases in Orlando. Some believe that there is a building demand from new families as well as baby boomers that want to move into a smaller space to begin their retirement.

A mortgage broker’s role is to help their clients understand the entire process involved with a mortgage and how to make sense of it so that they can become homeowners or refinance their existing mortgage. As an Orlando Realtor, I depend heavily on my relationship with a few select mortgage brokers that have proven what they can do through past transactions. It works the same way for them. I get a steady stream of short-sale clients from the mortgage brokers that I work with because they know that I’m an Orlando short sale expert and they can count on me to get the job done.            

  

Customer Service Is King …                                                                                                                                                                              Mortgage brokers would also be wise to really focus on making their customer’s experience a good one. I can’t tell you how many times mortgage brokers get blamed when something goes wrong at the closing table. Turn around time is key when you do mortgages and the most successful mortgage brokers are the ones that get the job done and get it done fast. Even though mortgage brokers take a lot of heat when something goes wrong at the closing table, People should understand that many times it’s completely out of the mortgage broker’s hands.

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How To Hire A Short Sale Realtor – Video

Posted on by Jenny Zamora

How To Hire A Short Sale Realtor  Video

 

When you hire a Short Sale Realtor t to take on your short sale, It’s just like hiring an attorney to represent you in some legal matter, so obviously you want someone with experience and a good track record.

The agent you choose is going to be dealing with your lender on your behalf which is a huge responsibility.

 

To begin with, they have to put together your entire file correctly to then move to the next steps of sending in offers, counteroffers, scheduling inspections, arranging showings, etc.

 

Right now there are a ton of cash incentive programs are out there and it’s important that your real estate agent is aware what programs you may qualify for or you could end up losing out on that those incentives.

 

Short selling a home is serious business. In fact, selling a house is one of the most important decisions a person will have to make in their lifetime,so it’s important that you hire a realtor that specializes in short sales.
What’s the best way to research an agent?
Like anything else these days, I recommend that you start your search with Google

 

Type in terms like “Orlando short sales” “short sale specialist” etc. A top short sale agent will have a strong online presence.
You should then choose 2 or 3 of them from the first page on the search results

 

Make sure that the agents that you choose are experienced in your area.

 

You should then start the interview process by asking these agents some key questions such as the following:

1- How many successful short sales have they done?, How many have they done in the past six months?, What’s their closing rate?
2- How many active short-sale listings do they have currently?

3- Do you have any references or testimonials from past clients? And is it OK to contact them?
This will give you a very clear picture of what you can expect moving forward.

 

 

If you follow the steps mentioned above, then you will know exactly which one to choose. Because remember, it’s not just about being a good agent. It’s also who do you feel comfortable with.

 

Short selling a home will be one of the most important transactions of your life. So it really is worth the extra effort to thoroughly research the agents you’re thinking of hiring before signing that listing agreement.

 

Feel free to contact us with any more questions you may have at 407-902-7750 or visit https://orlandorealtyconsultants.com/short-sales/

Orlando short sale expert

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Why Use An Orlando Listing Agent?

Posted on by Jenny Zamora

Orlando Listing Agents Vs. FSBO

Recently, there has been an upward trend of Orlando homeowners attempting to sell their houses on their own by way of FSBO [For Sale By Owner]. They are convinced that they have a plan that will save them thousands of dollars by not using a real estate agent. Unfortunately, this is never the case. When someone is advertising an FSBO, they don’t realize that the money they set out to save by not using a real estate agent will usually be spent just by doing the things that a realtor usually does.

Think about it this way…If you had to go to court because of an important case that involves you, would you want to show up without an attorney? Of course not, that would be suicide. Then why on earth would you not want to be represented by a professional in the sale of your most valuable asset? I believe that some people have this idea about real estate agents being lazy and they feel that they can do anything a realtor can do.

Orlando Realtors are trained professionals that are licensed by the state of Florida. They provide services that are meant to ease the burden of selling a home and ensuring that everything gets done legally and in a timely manner. Also, realtors are able to market your home to a much larger audience than you could ever dream of reaching by listing it on the MLS in addition to all the other marketing tools that real estate agents have access to.

Use An Orlando Realtor With An Online Presence

These days, It’s important to choose an Orlando Realtor with a strong online presence because 85% of Florida home searches start online.  Every realtor has or should have access to the MLS.  The MLS or “Multiple Listing Service” is a service that allows realtors to submit their listings for maximum exposure.

However, a successful real estate agent won’t rely just on the MLS for marketing a house for sale. A top Orlando realtor will have a very strong online presence as well.  At the very least, they should at least have their own website.

Our company not only has a main website but we also use social media sites, Youtube videos, and a blog to market our properties. By using all the tools available to us, we’re able to sell our properties extremely fast compared to other real estate agents in Orlando.

 

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How To Interview A Realtor – Video

Posted on by Jenny Zamora

Hiring the right realtor is crucial when listing your house for sale and it could save you a ton of headaches as well as thousands of dollars, so you don’t just want to hire the first agent that comes along. There are currently over 8,000 active real estate agents in Orlando and choosing the right one can get a bit confusing.

When interviewing an agent, you have to ask the right questions. The first question I would ask is, Do you work as a realtor full-time, or do you also have another job?

This is an easy one. If the agent tells you that they only work in real estate part-time, then you say “have a nice day…and move on to the next candidate. If they only work as a realtor part-time it means that selling your house won’t be a top priority for them.

The next question is actually a 3 part question
1- How many listings do you currently have?
2- How many of those listings are under contract?
3- How many houses have you sold in the past 6 months?

The answers to these questions will tell you how hard of a worker the agent is and what their average turnaround time is to sell a house.

If the agent only has a few listings or if they have listings that are several months old with no contract, then this is a sign of a lazy agent.

You want an agent that is a go-getter and someone who is determined to get the job done ASAP, NO MATTER WHAT.

Getting a clear picture of the realtor’s recent track record will give you a very good indication of what you can expect if they list your house.

Next question,…Do you have some references from past clients that I can call to ask about you?

This is absolutely one of the best ways to find out how you’ll be treated if you decide to list your house with them. A good agent will be happy to provide you with a list of past clients along with their contact info. If they have no references to present to you then something’s wrong.

In my 10 years in the Orlando Real estate business, I’ve never had a client who has told me not to use them as a reference. It’s simple, if you do a good job for someone, they’re always going to be happy to recommend you.

Next question,… Do you have a team or an assistant, or are you a one-person show?

A Top Orlando Realtor will always have a team or an assistant at the very least. There are a million details that a successful realtor has to deal with on a day-to-day basis and if they have to handle every tedious detail on their own, then they aren’t good at managing their time. Or they have too much time on their hands. Neither of these scenarios is a good one.

Next question,… How will you market my house other than putting it o the MLS?

The majority of Orlando real estate agents will list the house on the MLS and…that’s about it. They’re done! They wait for someone to submit a contract and if no one submits a contract then they just keep waiting until someone does.

There are soo many effective ways to market a house in addition to putting it on the MLS. Here are some examples of some of the things we do.

Video marketing [that’s where we create a professional video of the home], social media marketing, We blog about it, target marketing with postcards, email campaigns, press releases, Open houses… it goes on and on.

It’s important that a realtor use every single tool in their toolbox to get that house sold for top dollar in the least amount of time.

If you ask these questions when interviewing a realtor, then you will know exactly what they’re about by the answers that they give you. Also, don’t interview just one or two agents, I recommend that you interview at least 3 agents and pick the one that you feel the most comfortable with.

If you still have any questions or concerns about how to hire a top Orlando realtor or if you are just curious about how much your home will sell for, then… feel free to contact us at 407902-7750 or visit us on the web at https://orlandorealtyconsultants.com/

How To Interview A Realtor 407-902-7750 Video

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Protect Your New Orlando Home With A Home Warranty

Posted on by Jenny Zamora

Protect Your New Orlando Home

So you’ve purchased your first Orlando home, it’s wise to consider a home warranty and how they will give you piece of mind. No one expects for things to go wrong as soon as they move in to their new home, unfortunately many times that’s exactly what happens. As an Orlando real estate agent I always inform my clients about the benefits of a home warranty. Sometimes homes sit vacant for extended periods of time and like with everything else that doesn’t get used for a while, different components of a home such as AC unit, water heater, etc. can start to give you problems after not being used for a while.

Home Warranties Are Sometimes Included In The Sales Price

By investing in a home warranty, you can feel better about encountering unexpected problems with your new home. Many times the Orlando listing agent or seller will include a home warranty as part of the purchase price as an incentive. 

Something like an AC unit can set you back several thousand dollars right out of the gate. However, with a quality home warranty you have the piece of mind that all you will be paying is he deductible which is usually in the range of $60 or so. This to me is a no-brainer, your home warranty just paid for itself 20  times over with just one use!

In general a home warranty will cover your appliances, Central AC, plumbing, electrical, the roof as well as several other items. The warranty company will send out an inspector to ensure that all of these items are in good working condition prior issuing your home warranty.

It’s important to note that home warranties are very different than home insurance and cover different things. The best thing to do in order to make sure that you’re buying your warranty from a reputable company is to research them online and read the reviews that were written about each company. Once you’ve researched a hand full of them, you’ll be ready to make an educated decision.

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