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Orlando Real Estate

Contrary to popular belief, buyers shop for #OrlandoRealEstate all year round, including the holiday season. In fact, sellers who put their homes on the market during the holiday season (roughly between November and January) may have an advantage because there are usually fewer houses on the market so there's less competition. There are several other reasons to consider putting your home on the market during the holidays:

1. Many home buyers have extra time off during the holiday season so they have more time to look for their new home.

2. Because of the limited supply of homes for sale, sellers may be able to receive a higher purchase offer than expected.

3. Buyers looking for homes during the holidays are usually highly motivated to buy before the end of the year so they can get extra itemized income-tax deductions for mortgage loan fees, interest and pro-rated property taxes.

4. Festive lights and holiday decorations can help a home "show better."

5. Because January is traditionally the month for transfers, having a home on the market at the end of the year can capture the transferees who may not be able to wait until the Spring to buy a home.

by David Welch
Orlando Real Estate



Posted by David W. Welch on November 2nd, 2018 9:06 AMLeave a Comment

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October 16th, 2018 12:07 PM
Sales continue to be strong with another year over year increase, prices followed, but the increase is not as strong as it has been. Inventory remains lower than a year ago, but we are starting to see a slow rise in the number of homes available for sale. #OrlandoRealEstate


Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on October 16th, 2018 12:07 PMLeave a Comment

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September 28th, 2018 10:54 AM
Showing and selling a house is a necessary, but also time-consuming measure in selling a house. Needing to keep it ready for visitors at sometimes short notice can be nerve-wracking, but trying to embrace holidays while still staying show-ready during festive occasions from October to January can make this time even harder.

Even during the holidays, the basics of staging remain the same. A clean house that smells fresh and inviting will always give the best first impression possible. Start by taking a hard and critical look at what you own, getting rid of things you don’t want or need and what can be donated to clear out your space. Facing this first means less stuff to move later, deciding if a storage unit would be worth the price and helps you prioritize what you want to keep and what you want to replace in your new home.

Once you’ve cleaned out the stuff you don’t want, now is the time to really get cleaning in every single room. Deep clean all high selling point areas like the kitchen and bathrooms, wipe down baseboards and walls, every window and shampoo the carpets if necessary. This is also a prime opportunity to hire cleaners if you might need extra time for yourself, or an extra set of hands to tackle the job.

Now that your house is sparkling and smelling clean, staging it gets you closer to closing the sale. Showing off your space to prove its potential with your presentation and decor is the next step.

For the exterior, simple lawn care like cleaning up leaves, branches, power-washing siding and stucco will typically be sufficient. However, since first impressions matter, make sure all your gutters are in good shape and cleared, fix any broken patches of walkways, screens, etc. so people aren’t leery before even setting foot in your home. Adding banks of mums, a small wreath or tasteful lights to a few trees and bushes closer to December are also ways of getting the outside of your home festive and looking ready to welcome prospective buyers.

Focusing on inside the house, personal pictures, mementos and knick knacks are undoubtedly meaningful to you and your family, for prospective buyers it might just block their ability to imagine their own family portraits on the walls. It might be tough to remove all your personal belongings from your home while still living there, but remember you’ll have to pack them eventually, this just gets you closer to settling into your new home!

Keeping in mind that clutter, trinkets and “stuff” are the opposite of what helps to sell a house, adding just a few simple touches can go a long way in helping capture the spirit of the holidays while still keeping your home show-ready.
  • Swap out your accent pillows, kitchen and bathroom display towels for themed ones
  • Simple garlands of leaves or evergreens draped on a mantle
  • Fresh seasonal flowers and festive candles neatly arranged on end and dining tables
  • Opt for smaller displays closer to holidays happening at the end of the year. Look for mini Christmas trees and consider displaying only your most cherished devotional items that can easily be stowed in closets during showings and open houses.
  • Use the same color in different shades when selecting decor items to keep your entire home stylish and cohesive. Reds, gold and silver can easily transition from Halloween all the way through New Years
Less is more and smaller is better in setting an autumnal and winter feel without adding distractions into your painstakingly cleared out space.

Still having trouble trying to stage your home but have keep in the holiday spirit? There are lots of ways to get help, including online interior design options for not only staging what you have, but helping create a new fresh design that you can take to your next home. Pinterest and home & garden magazines can also offer a wealth of ideas as well, but take care to only attempt DIY projects you know you can handle quickly and without needing a ton of materials.

#OrlandoRealEstate

Posted in:Home selling advice and tagged: HomeStaging
Posted by David W. Welch on September 28th, 2018 10:54 AMLeave a Comment

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September 26th, 2018 4:44 PM

The tech era is upon us and the effects are showing up everywhere — at the store, in our workplaces and now even in our homes. While tech advancements in the home have brought welcomed convenience, they've complicated the home search process.

 

To clear things up, we've got a list of facts and fiction about smart apartments and houses. We want to keep you in the know when you're hunting the next place you'll call home.

 

Fact or Fiction: Smart homes are for techies and millionaires

 

This one is total fiction!

 

In the past, smart technology was reserved for the techies and the elites. The notion might have conjured up images of Bruce Wayne's bat lair. The truth is, smart homes are becoming increasingly common.

 

It's estimated that smart home device sales in the U.S. will reach $4.6 billion this year. This trend indicates that smart home technology is not reserved exclusively for affluent or tech-savvy renters.

 

Fact or Fiction: Smart technology can actually save you money

 

It's true!

 

Skeptics of smart home technology often wonder if the claims of money saving can actually stand up to the test. The truth? Many smart devices will save you money.

 

Take smart thermostats for example. Some offer programming, meaning you can schedule your heating and cooling units to rest while you're away and kick back on to cool or heat your place by the time you arrive home. Other smart thermostats go as far as learning your habits and automatically adjusting to save money and energy.

 

Fact or Fiction: Smart devices offer less privacy

 

This one is not a clear cut fact or a piece of fiction — the answer is a bit more complex.

 

Not too long ago, it was revealed that consumer smart TVs were spying on their users. This caused worry for many consumers using smart home technology, and rightfully so.

 

But you're ultimately in charge of the level of privacy you choose to give up. Any device that has a camera or microphone has the potential to record your private data, and devices without this tech are generally safe. A light bulb or smart thermostat is not going to "spy" on you.

 

If privacy is one of your primary concerns, this is something you must be aware of. 

 

Fact or Fiction: Smart homes are not feasible for renters

 

Not true!

 

Smart apartments or homes are not exclusive to those who own their properties. If you thought this was true, you're probably thinking about the impact on a home's infrastructure required to install smart technology. The truth is that many consumer smart home devices today are wireless and have no physical impact on the structure of the home.

 

This not only means that these devices can be installed in rental properties, it means they can be taken from one rental to another. If you're looking for an apartment or house with smart technology, you can probably find one. But keep in mind, you can easily install your own smart home system in your rental.


Posted by David W. Welch on September 26th, 2018 4:44 PMLeave a Comment

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September 17th, 2018 10:44 AM
Check out the latest #OrlandoRealEstate market results in this brief video, courtesy of the Orlando Regional Realtor Association.

Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on September 17th, 2018 10:44 AMLeave a Comment

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August 15th, 2018 3:46 PM
The lack of available housing has really held home sales gains back, but helped to push prices higher compared with a year ago. Check out this short video from the Orlando Regional Realtor Association breaking down the market results for July 2018. #OrlandoRealEstate

Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on August 15th, 2018 3:46 PMLeave a Comment

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Posted in:Houzz and tagged: home improvements
Posted by David W. Welch on August 15th, 2018 10:36 AMLeave a Comment

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July 30th, 2018 8:45 AM

To get your home sold quickly in the #OrlandoRealEstate market, it’s important that other agents in the area show it to as many potential buyers as possible. The first thing a good agent will do when working with buyers is talk to the buyer and learn what kind of home they are looking for. Then the agent will search all the available homes for those most closely matching what the buyer wants. Next, the agent puts together a list of the best matches to go show to the buyer. When a busy agent is compiling a list of homes to show a buyer, the agent will naturally tend to show those houses that are easiest to gain access to first. Many homes on the market have “lock boxes” on them. The lock box is a device which holds a key to the home, that only qualified local agents can access. Homes that are listed as being “lock box, no appointment needed” will get shown more often than homes listed as “agent has key, call for appointment”.  If at all possible, you should let your agent put a lock box on your home for easier showing. 

If you can’t do a lock box, you need to be sure that you make it as convenient and easy as possible for other agents to show your home.  If they call, do whatever you have to do to accommodate letting them show your home to buyers on their schedule.  If you don’t, the agent will probably show the buyer other homes, and if that buyer makes an offer on one of them, you’ve just lost a great opportunity.

It’s best if you can leave when the agent and buyer arrive to see your home.  Buyers won’t feel comfortable with you there, and it could sour an otherwise good impression. 


by David Welch

Orlando Real Estate


Posted by David W. Welch on July 30th, 2018 8:45 AMLeave a Comment

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July 16th, 2018 11:34 AM
Prices continue to climb, up 7% compared to a year ago, but sales and inventory dropped double digits compared to 2017. Check out this short video breakdown of the #OrlandoRealEstate market results for June 2018.


Posted in:Market Report and tagged: Orlando real estate
Posted by David W. Welch on July 16th, 2018 11:34 AMLeave a Comment

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July 2nd, 2018 5:10 PM
Thinking of real estate as a career? Check out this article by Emile L'Eplattenier in The Close. There are a lot of things you need to consider when going into real estate as a business. This piece covers a number of reasons why so many people fail in their first few years in the business.

Here in Orlando we have about 300 people joining the local Realtor Association each month, but we only have about 1,000 more members today compared to a year ago. That means we are losing over 200 per month on average. Many of the ones that hang on are not making a living at real estate. If you are thinking of joining our ranks or already knee deep in it, this is definitely a good read. I am thrilled they asked me to contribute, and you can catch my comments toward the bottom of the article.

#OrlandoRealEstate

Posted in:General and tagged: Real estate
Posted by David W. Welch on July 2nd, 2018 5:10 PMLeave a Comment

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