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Monday, July 31, 2017   /   by Tom Nickley

Why Sellers Are in the Driver's Seat Right Now

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Right now in Central Florida we’re seeing an extremely hot market for sellers. But what exactly does this mean? 
 
As you might have guessed, there are a lot of benefits. 
 
First of all, this kind of market means that sellers have the ability to price aggressively. This all comes down to supply and demand, and demand is at an all-time high. 
 
Sellers right now are able to price up to 20% over market value because of how few homes are available. In fact, supply continues to decrease to the two months we’re seeing now. 
 
Obviously, pricing will also be affected by the appraised value; however, this kind of situation is still hugely beneficial. 
 
Also, multiple offer situations are extremely common right now. They can often lead to the best deal since buyers are being forced to compete ...

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  real estate tips, home seller tips

Wednesday, July 12, 2017   /   by Tom Nickley

How to Be Successful in Multiple-Offer Situations

Want to sell your Orlando Home? Get a free home value report | Want to buy an Orlando Home? Search all homes for sale





Here in Orlando, the market is hot and more often than not we are finding that buyers are competing in multiple-offer situations. Unless you really understand what it takes to be successful, you’re properly educated by a great agent, and know how to position yourself in these situations, then you will find yourself easily frustrated by the home buying process. So today I wanted to list four things that you can do to compete in multiple-offer situations.

1. Be fully pre-approved by a local lender. You want to make sure that they will absolutely go to bat for you in these types of situations. The days of getting pre-qualified are over; you have to be fully pre-approved and have undergone an underwriting process. You should also look for a lender who knows the market well and is well-respected locally. They should be someone who is willing to call the ...

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  home buyer tips

Monday, July 10, 2017   /   by Tom Nickley

You're Invited to Our VIP Happy Hour

Want to sell your Orlando Home? Get a free home value report | Want to buy an Orlando Home? Search all homes for sale






If you are receiving this video today, that means you you’ve either bought or sold a home or given us a referral over the last couple of years and have been hand-selected by an agent on our team to attend our next happy hour event.
This is a VIP client appreciation happy hour that we will be holding at the M Lounge and rooftop bar, which is located downtown in the College Park area. We will be holding this event on July 20th from 5:30 p.m. to 7:30 p.m. We will be sending out e-vites and you’ll probably receive a call from your agent personally inviting you.
We hope you can attend! If you have any questions about this event, please give us a call. We’d be happy to provide any information you need.

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Thursday, June 29, 2017   /   by Tom Nickley

Don't Wait to Take Advantage of Today's Hot Market

Want to sell your Orlando Home? Get a free home value report | Want to buy an Orlando Home? Search all homes for sale




As I’ve talked about in past updates, the market here in Orlando is red hot. Not only that, but this market is great for buyers and sellers alike. 


From May of 2016 to May of 2017, sales grew by 14% and a there was a decrease of inventory, over that same time frame, of 17%. 


Buyer demand is at an all-time high and is driving inventory down steadily over time. Currently, we only have 2.3 months of inventory for Orlando, which is far below the six-month supply that is considered by experts to be a healthy market.


With numbers like this, it is a very strong seller’s market with lots of competition between buyers and a lot of multiple-offer situations. But, ultimately, despite that high buyer demand, the market is healthy right now for buyers and sellers in our area. 


This is because our market is still seeing increa ...

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  market updates

Wednesday, May 31, 2017   /   by Tom Nickley

Fun Facts About the Orlando City Lions

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In case you didn’t know, Orlando has a new MLS soccer team, the Orlando City Lions. They’re doing great this year and in light of that fact, we want to share a few fun facts about the team and its inception. 
 
The club’s founding president, Phil Rawlins, started the process of bringing an MLS soccer team to Orlando all the way back in 2010. His goal was to establish a regular attendance of 15,000 people, which is why the hashtag “#mission15k” was born in 2013. On October 16, 2014, the groundbreaking was done for the team’s stadium, which is now located on the west side of town along Church Street. 
 
This stadium is absolutely beautiful, and on March 8, 2015, we filled it to a capacity of 62,510 purple-clad fans cheering on the Lions. We’re proud to say that no city money was used to build the ...

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  orlando community

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