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Dr Phillips Real Estate Prime for Early Birds

When it comes to investments I typically go back to the Guru of investments Warren Buffet and his philosophy "Buy fear Sell greed&quo...

Monday, June 8, 2015

Are These 4 Common Mistakes Putting Your Dream Home at Risk?

If you did it right your dream home search is complete and you're happily making your monthly mortgage payments building up a nice little nest egg.

Smart consumers searching for homes have a plan and stick with it and limit these common mistakes...

Mistake #1

Emotions - Many buyers typically purchase on emotion but it's the one thing they should be running from...Stick with the facts and yes this includes keeping the emotions out of your negotiations!

Emotions are real, acknowledge them but then move past them quickly and concentrate your energy on value.  Everything starts with the value of a home, your emotions will only mucky up the waters and cloud your judgement

Mistake #2

Going Solo - There's a reason Realtors must disclose when selling their own home, we have an unfair advantage!  Mistake #2 is not about, ok now hire me, this is about the 4 common mistakes purchasing a home and #2 is to hire a LOCAL, EXPERIENCED, REALTOR...

  • Local - A realtor that closes properties in a particular part of town or neighborhood.  Look through recent closed properties for active Realtors
  • Experienced - At least 5 years experience in selling real estate.  Yes I feel bad for the new agents, but let them practice their craft and hone their skills on family and friends for the first few years. 
  • Hire a Realtor - Realtors follow the Realtors Code of Ethics where by Realtors share with their fellow REALTORS® a common responsibility for its integrity and honor between each other and more importantly with consumers and clients.
Mistake #3

Making List Price a focal point - Many times to much attention is placed on list price rather than value.  List price can be value but most times it's either over or under value.  

Once value is determined a buyer can decide what is the best purchase offer strategy and more importantly now knows at what price to stop and walk away!

Mistake #4

Being Too Critical

The focus should be on the basic bones of a home not the minor aesthetic issues that can easily be fixed. Old carpeting can be torn out; baby blue wall color can be repainted.  New flooring and paint go a long way changing the appearance of a home.  Number 1 return of investment on improving a homes value - PAINT

Guard against these common mistakes and get yourself in to your dream home.  Looking for a local expert in Doctor Phillips Florida, give TeamConnect Realty and Broker Robert Schott and Paula Hemani a call today 407-347-3800, always here help!

Tuesday, April 28, 2015

Find New Homes in Doctor Phillips Area on Advanced Search Tool

The much awaited new construction search tool was just released!

Builders Update, a new construction search tool, is now available.  Up into just a few days ago the challenge of finding new construction was that there was not a central site that listed all available new homes and future developments.  

Although the system does not have 100% participation, 175 local and national builders is a great start with the last few sure to follow. 

Builders Update features:

•175 local and national builders, with more opting in every day
•Responsive map search
•Home and community images
•Advanced search
•Builder incentives, sent to you and sorted by metro area
•And much more!

The most updated New Construction site around, try it Today... Doctor Phillips New Homes
Search resale properties in Doctor Phillips here!

Sunday, April 26, 2015

Real-time Home Search Site for Buyers

When it comes to homes for sale via the intranet are you searching the latest listings to come on the market?  Many buyers today are missing out on great deals because they are doing home searches on sites that are not updated with the latest listings.

There is no shortage of websites to search property listings, whether it's one of the three giants, Realtor.com, Trulia or Zillow or one of the little guys in between, buyers are most likely going back to sites they are familiar with but they could be missing out on the most attractive homes for sale.  In today's real estate market the good deals go under contract within 24 to 48 hours.

Search engine sites seen on the Internet are called portals and pull listing details and photos from a local Multiple Listing Service (MLS), in Orlando this is My Florida MLS.  Portals can add additional information from local tax records but the problems comes in when these portals are not updated immediately, but rather hours (not many are), days or some times a week or more, in today's real estate market the good deals go fast.

Since the majority of all homes in Central Florida are input into the My Florida MLS, Realtors have first hand knowledge of new listings as soon as a selling broker presses the submit button, this is valuable information.

The good news for buyers is you don't have to have a Real Estate license to search real time property details.  My Florida MLS recent change to the Matrix system now allows buyers access to their very own private portal that links directly to the MLS, the most accurate system by far and direct access to new listing without the delay that comes from intermediate portal company.

Sign up for you free MLS Portal account today and don't miss out on the next great deal in the Central Florida real estate market!