Smart Homes In Orlando, The Wave Of The Future

Thanks to technology, buying and selling smart homes will soon be the norm for Orlando real estate agents. This week Google made a $3.2 billion dollar investment in a company called Nest Labs, a company that designs and makes smart smoke detectors and smart thermostats. It’s amazing, smart technology is becoming available in just about everything you can think of. And if it’s not today, it will be tomorrow. With an estimated $19 trillion dollar market ahead, smart technology is like a locomotive that just can’t be stopped.

How Will Increasing Smart Home Technology Affect Realtors?

Agents that are able to embrace and love smart home technology will have the biggest advantage. The best way to do this is to learn the technology and practice using it whenever you get a chance. The way it usually works is that everything can be controlled by your smartphone through an app. You can now control things like the thermostat, window blinds, lights, locks, etc.

Real estate agents that are able to easily show their potential clients all the features of the smart technology while showing the house will have a definitive edge. Agents that are unfamiliar with the software won’t be able to show a buyer how to use it and a situation like this could possibly cost them a client.

Smart buyer’s agents will research the technology and find out what people love about it. There are many benefits that smart homeowners have like making sure the doors are locked from 800 miles away or being able to close the blinds because they forgot. Real estate agents should be able to educate their potential buyers about all the benefits that they will enjoy by living in a smart home.

Some buyers will be turned off by new technology, especially the 55+ age group. With these clients, a realtor will really have their work cut out for them in trying to sell them a smart home. The best thing to do here is to simplify things for them by making a simple guide that’s easy to use and understand. No one likes to feel less smart, especially to a house that they will be living in.

Even though I’ve only shown a handful of smart homes myself, it’s obvious that smart technology will continue to grow and get more and more popular in the world of real estate. Orlando realtors that are willing to embrace whatever comes their way, will be the most successful agents. Just like one of my very first mentors used to say ” If you’re going to make it in the world of real estate, you have to take what the market gives you”.

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West Orange County May See No New Residential Constructions for a Year

The School Board of Orange County may just cause all residential construction in the area to halt indefinitely. The board wanted to erect a new relief high school at the County Road 535, on Beck Property and was denied permission for the same by Orange County.

The School Board and Orange County entered into a dispute in the last week of February, when the Board shelved the impact fee payments of a developer, Windermere Development Co., of the west Orange County area indefinitely.

School Board tables impact fee payment

The payment, amounting to $27,000 was due on February 25, to be paid to the board as impact fees for the development of project Canopy Oaks – a 59-units residential complex to be built by Mason Simpson and his development company Windermere.

Orlando realtors hold the proximity of Canopy Oaks to the site where the new relief school is supposed to be erected, one of the primary reasons for the dispute. It was confirmed by the School Board later when a board member revealed that the board wanted to wait for the disputes over its petition in the circuit court.

The board had filed the lawsuit in December 2013 and insiders say it may take up to a year to reach a settlement. Joie Cadle, member of the board said the West Orange High School was already crowded and needed a relief. The lack of a proper relief plan was one of the reasons why Cadle and other members of the five-school board voted in favor of tabling the impact-fees payments.

Is the School Board trying to jeopardize construction in Orange County?

Cost of the Canopy Oaks project has been projected around $30 million and Orlando real estate industry-insiders are worried about the longer-term impacts of such a decision by the board. With Winter Garden regulators halting the processing of Canopy Oaks project’s engineering application, Mason Simpson stands to lose some big bucks.

According to Nathan Cross, the president of the Home Builders Association of Metro Orlando, the situation is more grim than what realtors in Orlando have been contemplating. According to him, Lake Nona and West Orange were the only two places conducive for new construction projects in the Orange County and the School Board essentially cut down one of the them, for at least a year.

Chairman of the School Board, Bill Sublette, however, has something else to say. Sublette, who voted against shelving the impact-fee payments, says the board doesn’t intend to stop construction projects in Orange County. The board just wants to halt the project till the location of the new relief school is finalized.

The circuit court is scheduled to meet in April for mediation on the lawsuit.

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A Seller’s Guide to Interviewing an Orlando Realtor

So, you’ve finally made the decision to sell your home and you’re ready to hire a realtor. Now what? Well, that’s easy, right? Just hire the first realtor you come across in your area… Wrong!

Hiring the right Orlando realtor is crucial when listing your house for sale and it could save you a ton of headaches and thousands of dollars. There are currently over 8,000 active real estate agents in Orlando and choosing the right agent to list your home can be confusing especially when all the ones that you’ve spoken with have convincingly promised you the world… or at least that they will sell your home super fast for top dollar. Interviewing an Orlando realtor the right way will ensure that you get an outstanding real estate professional.

So which one should you believe? The answer’s easy… none of them. Anyone can tell you anything so it’s up to you to find the truth. When interviewing a real estate agent, you have to ask the right questions. Here is a list of questions that you should ask a real estate agent in the interview. These answers to these questions will help you to determine which realtor to choose.

1- 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…Next!” and move on to the next candidate. If they only work as a realtor part-time it means that not only are they not able to make enough money selling houses, but that selling your house won’t be a top priority.

2-How many listings do you currently have and how many are under contract?

This will tell you how hard of a worker the agent is and what’s the average time it takes to get a house under contract. 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 somewhat lazy agent. You want an agent that is a go-getter and someone who is determined to get the job done ASAP.

3- How many houses have they sold in the past 6 months? How many in the past year? How many were they not able to sell and why?

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.

4- Do you have some references from past clients that I can call and ask about you?

This is one of the best ways to find out how this agent will treat you moving forward. If they have no references to present to you then something’s wrong. This most likely means that they haven’t had very many happy clients.

5- Do you have a staff or an assistant or are you a one-man show?

A great real estate agent will always have a support staff or an assistant at the very least. There are a million details that a real estate agent 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 o their hands. Neither of these scenarios is a good one.

6- What kind of systems do you use for organizing and following up with your leads, clients, potential buyers, etc.

To be a successful agent in this day and age, you have to have systems in place so that things are organized and run streamlined and smoothly. Following up with clients, potential buyers, title companies, etc is a huge part of being a great realtor.

Realtor in Orlando, FL

7- How will you market my house other than putting it o the MLS?

The majority of Orlando realtors list the house on the MLS and…that’s about it. There are soo many effective ways to market a house such as video marketing, social media marketing, blogging, target marketing, etc. all these techniques can be used to effectively sell houses. An outstanding realtor will constantly test new ways to market their listings and their houses will typically sell the fastest.

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

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