Orlando Relocation Tips

Set in the central region of Florida, Orlando is also known as “The City Beautiful” and is a remarkable place for living, visiting, and just about anything else. The economic condition never seems to deteriorate, and the vast influence of the tourism industry gives this place a global appeal. The Walt Disney World Resort forms its most famous attraction among several other gleaming offerings, and attracts not only tourists, but also companies and smaller businesses hunting for opportunities. So if you are wondering whether Orlando Relocation is a good idea, be assured that it certainly is.

Did the President not just visit this world class theme park, Walt Disney World, to stimulate interest in coming to America in general, certainly Florida, and particularly Orlando in early 2012?

Proper Preparation

You may be considering relocating to Orlando due to a variety of reasons. Amidst all this, take some time to think what exactly do you want or expect from your new home in Orlando? This pivotal step is necessary but it is overlooked by a few. You should think in terms of your priorities such as the quality of the schools in the neighborhood, how safe is the neighborhood, freeway access points, and nearest supermarkets.

Statistics

The Orlando, Florida real estate has shown a significant increase in terms of the median home sales price, the price hovering around $111,100, according to the October-December 2011 records. The average price per square foot fell 7.7% to $72. Now these statistics are quite encouraging if you are looking long-term.

Strategic Steps

Below is a complete checklist for you to keep in mind before your Orlando relocation:

a. Ask at least three professional movers to quote their prices and obtain an estimate of the initial costs you would be incurring. If you are being transferred because of your occupation, then your company may offer to pay for the relocation. Your packing should be completed 1-2 days before the movers arrive. Also, you may want to consider inquiring about whether or not transportation insurance is provided.

b. Have a floor plan ready for your new Orlando home. Make sure that the floor plan employs grids to clearly point out the location where your furniture will be placed. This is useful once you start setting up your residence in Orlando, certainly if the movers beat you there.

c. Relocate light. Dispose of any unwanted or extra furniture before your Orlando relocation. Why move furniture that may not last that much longer? Why move furniture that may not look right in your new home?

d. You should contact Orlando’s Chamber of Commerce for a new resident brochure, which contains all the information related to moving to their delightful city and a local guide around your Orlando, Florida real estate.

e. After you have decided on your furniture, it is time to search through your inventory. Give away or sell any unwanted items which you no longer want. You can possibly write some of these items off on your taxes if you donate them to genuine charities. A garage sale is an alternative too.

f. Make sure that agencies or companies which provide services and utilities such as water, electricity, and so on are aware of your move and your new postal address is updated in their records. Also contact similar agencies in Orlando, FL before your Orlando relocation so that when you reach your new home, you have a running gas and electrical supply. You may also call up the chosen Internet provider and have that set that up before you arrive at your Orlando, Florida real estate, if possible.

g. Seek the help of a tax adviser for reviewing your potential tax liability and any tax deductions if possible.

If you have trouble with any of this, your Exit Realty Central,  Orlando real estate agent can assist during the entire process.

Thinking Ahead

Relocating is exciting, but at the same time, this can prove to be quite stressful. In order to prevent any last minute changes or complications, it is best that you start planning for your Orlando relocation at least 1 month before your actual move.

Some Pleasant Neighborhoods

Recent studies have revealed that Orlando, Seminole County is regarded the best region in terms of quality of living. Despite alligators, hurricanes, and humidity, there are plenty of huge companies from several different industries that are based here, mild winters, an NBA team, gorgeous malls, and huge amusement parks. The median income in Orlando is the highest in Florida. If you prefer living in the southwest side of Orlando for whatever reason, you could give Bay Hill and Windermere areas some serious thought. Instead you could also check out the Winter Park region pertaining to your Orlando, Florida real estate which has many fine attributes associated with it. This area is more on the quieter side, away from the noise and rush of the city.

A Fantastic City

Once you look around your Orlando, Florida real estate you will realize the beauty emanating from all points of the city. Music of every possible genre finds its way through the winding streets and the various Hollywood movie studios make Orlando an appealing place to work and possibly live even for the stars. So if you are holding up on your possible Orlando relocation, you better start packing.

Contact Exit Realty Central for help today.

 

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Broker Appreciation

Thank you to our friend Christopher Ververis for the kind words!

My first insurance career, maybe 20 years ago, was with a company that took so much pride in their employees and truly committed themselves to their success. Since then, I have to say that I never encountered that type of an appreciation within an organization until recently with Exit Realty. I know it was the fundamental foundation of their very successful company!! I see it, feel it, and know it to be true in our company as well and I cannot stress the importance of it and the feeling of gratitude I have for it. It is just awesome and it is very rare these days and you both are doing a wonderful job!

The synergy you both possess is amazing as well and is something I hope you both recognize to be a true blessing.  Thank you so much recognizing me with an award!

Thank you!

Christopher J. Ververis
Business Brokerage Division
Commercial Real Estate

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Business Brokerage & Commerical Division

Many months ago we announced the official Commercial and Business Brokerage Division at Exit Realty Central. During the year of 2011 we hired 2 very talented, very experienced, and very productive Commercial and Business Brokerage Realtors.

Salim Valiani has been a top producing commercial and business selling Realtor for several years with a specialty in gas stations and convenience stores. He has sold all kinds of businesses and types of Commercial Real Estate and takes great pride in his level of loyalty from his clients.

Chris Ververis has sold many businesses and commercial Real Estate successfully for elite clientele. He is very polished, very professional, and most of all committed to serving his clients. Chris has experience in a great variety of businesses and Commercial Real Estate.

Matthew has also become a proud member of the BBF to support the development of our Commercial/ Business Brokerage Division

Exit Realty Central has been listing business after business and commercial properties during the course of this year. We are well qualified to serve all Commercial and Business prospects with their buying and selling needs.

If you have a prospect interested in buying or selling Commercial Real Estate or a business, please contact Matthew or Robert and we will pair you with one of our two specialists and make sure that your client is provided world class service through our Commercial/ Business Division.

Please note, neither of our two specialists service Residential clientele.

A generous referral fee will be paid to the referring agent. Just a couple of Commercial/ Business referrals can add some real revenue to your annual income.

Congrats to Exit Realty Central and it’s Realtors for bringing another value added service to the market place!

2012 here we come! 

 
Robert Jerome
Vice President of Growth & Development
Exit Realty Central 

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Exit Associates Rocked theCharts!

Congratulations Exit Realty Central!!
Exit Realty Florida has published their reports for the month of NOVEMBER
and we ROCKED THE CHARTS!!! 
Find your name on this list!
  
  
Lets take a second and Congratulate our Spectacular Agents for their hard work in NOVEMBER 2011.
 
Top 20 Sponsoring Agents
 
#4 Robert Jerome
 
Top 100 Agents in New Listings Taken
  
#27 Anna Snyder
#31 Charlie Winters 
#33 Odel Ximinies 
#41 Ted Eckbreth 
#43 Lisa Ford 
#69 John Jakaitis 
#70 Karen Johnson 
#78 Renoir Marcellus
 

 

Top 100 Agents in Sales Volume
 
#25 Chris Ververis
#30 Salim Valiani
#43 Peggy Mann
#55 Ted Eckbreth
#71 Patricia Perez
#72 Linda Elam
#94 John Jakaitis
 

Top 50 Agents in Sales Volume Buyers Side

  

#10 Salim Valiani
#28 Ted Eckbreth
#31 Linda Elam
 

Top 50 Agents in Sales Volume Sellers Side
 
#11 Chris Ververis
#26 Peggy Mann
 
Top 100 Agents in Gross Commission
 
#11 Chris Ververis
#13 Ted Eckbreth
#29 Salim Valiani
#47 Adriana Mardini
#51 Peggy Mann
#67 John Jakaitis
#76 Linda Elam
#84 Patricia Perez
#89 Michael Berlant
 
Top 50 Agents in Gross Commission Buyers Side
 
#4 Ted Eckbreth
#10 Salim Valiani
#21 Adriana Mardini
#38 Linda Elam
 
Top 50 Agents in Gross Commission Sellers Side
 
#8 Chris Ververis
#36 Peggy Mann
 
Top 100 Agents in Closed Sides
 
#29 Michael Berlant
#45 Peggy Mann
#50 Patricia Perez
#57 Linda Elam
#65 Ted Eckbreth
#72 Patty Gable
#84 Jennifer Ceballos
#98 Larry Green
 
Top 50 Agents in Closed Sides Buyers Side
 
#20 Linda Elam
 
Top 50 Agents in Closed Sides Sellers Side
 
#37 Peggy Mann  

 

 
 There’s a difference between interest and commitment. When you’re interested in doing something, you do it only when it’s convenient. When you’re committed to something, you accept no excuses; only results.” - Kenneth Blanchard 
 

Thank You
  
 
Matthew Stamer, CDPE
Broker / Owner
 
 

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Exit Realty Central has Grown Exponentially in 2011!

This year like every year prior has been very successful in our growth. We’re very proud to be growing at the pace that we are with 33 Realtors that have joined our company in 2011. Most Real Estate offices only grow at a fraction of the level of our growth.

These Realtors combined are likely to add an additional $40-$50 million dollars worth of sales volume into our brokerage in 2012!

  • * We continue to produce more leads than any other major Real Estate company 
     
  • * We continue to offer world class training from top producer
     
  • * We’ve just launched the most aggressive SEO and Social Networking marketing campaigns that will put Exit Realty Central at the time of all search engines creating a title wave of business in 2012
     
  • * Still the only company that offers REO Listing empowerment 
     
  • * Hero Home Source
     
  • * Non-competing Broker and VP
     
  • * Brokers Title with legal council and full service short sale negotiations
     
  • * The most advanced technology available in our industry today 
     
  • * Provide unlimited yard signs with free installation for you the Realtor
     
  • * Provide unlimited number of black and white and color copies/prints
     
  • * Advertise your listings on up to 100 different Real Estate websites
     
  • * Group Health insurance 
     

And as you can see below from all of the Realtors that have joined our brokerage, there is an enormous flow of sponsorship residuals that are being paid out in our office 

We want to congratulate all of the Realtors below for entrusting your business to one of the highest producing Real Estate Company’s in Central Florida, EXIT Realty Central!

2012…here we come $$$

Jim Alford – 2/7/2011

Alan Basch – 9/14/2011

Celle Basch – 9/14/2011

Joyce Blews – 8/26/2011

Danhitt Bogeajis – 8/26/2011

Fernando Borrego – 8/30/2011

Lazaro Bouza – 11/2/2011

Glenn Brunskill – 11/16/2011

Eduardo Carcache – 12/9/2011

Jackie Cavada – 1/4/2011

Jennifer Ceballos – 7/1/2011

Aidilyn Fuentes – 10/20/2011

Mark Fuller – 8/25/2011

Michael Ginesin – 9/13/2011

Justin Godfrey – 10/18/2011

Lawrence Gray – 11/28/2011

Jonathan Hall – 12/7/2011

Didem Hanley – 3/14/2011

Josh Harper – 2/7/2011

Sharon Harper – 2/7/2011

Scot Hartwell – 9/19/2011

Ron Johnson – 1/24/2011

Peggy Mann – 8/2/2011

Adriana Mardini – 3/30/2011

Luis Marrero – 12/7/2011

Nina Martinov – 8/10/2011

Suzanne Ogden – 2/24/2011

Adrienne Prosser – 1/12/2011

Eric Soto – 6/8/2011

Larry Spann – 8/8/2011

Nelly Trujillo – 3/8/2011

Salim Valiani – 3/29/2011

Chris Ververis – 7/1/2011

There is no company like EXIT in our entire industry! 

Robert Jerome

Vice President of Growth & Development

Exit Realty Central

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Foreclosures are on the rise!

Nov. 28, 2011 – Some housing markets are still battling high numbers of foreclosures that continue to put downward pressure on overall housing prices. Many cities are facing the highest foreclosure spikes also have high unemployment rates, underwater borrowers and low median family income.

 In 2011 the Orlando area market along with most of the state of Florida experienced a great decrease in number of new foreclosures to be sold in the open market. During the 3rd quarter of the year there has been a great spike in number of foreclosures listed and sold and this momentum is continuing into the 4th quarter of 2011.

 We feel strongly that the foreclosures will continue to dominate most of Florida’s market places through 2015, potentially much longer. Recently RealtyTrac has estimated a whopping 3.5 million foreclosures in shadow inventory, plus there are millions of properties that have been in default for 1-2 years that are yet to be foreclosed on.

 Whether we like it or not, foreclosures will be a big part of our Real Estate market for some time now. We will continue to do our part to decrease the number of foreclosures by helping one home owner at a time that is behind on their mortgage payments to avoid a foreclosure by means of a short sale.

6 cities where foreclosures are increasing

SARASOTA, Fla. – Nov. 28, 2011 – Some housing markets are still battling high numbers of foreclosures that continue to put downward pressure on overall housing prices. Many cities facing the highest foreclosure spikes also have high unemployment rates, underwater borrowers and low median family income.

24/7 Wall St., using data from RealtyTrac, found that the following cities saw the biggest increases in foreclosures – 30 percent or more – between the second and third quarters of 2011:

1. Albuquerque, N.M.
Quarterly increase in foreclosures: +151%
Number of foreclosures in third quarter of 2011: 1,358
Percentage that home values have dropped from peak: -14.9%

2. Boston-Cambridge-Quincy, Mass.
Quarterly increase in foreclosures: +67%
Number of foreclosures in third quarter of 2011: 2,003
Percentage that home values have dropped from peak: -15.8%

3. Sarasota-Bradenton-Venice, Fla.
Quarterly increase in foreclosures: +57%
Number of foreclosures in third quarter of 2011: 1,673
Percentage that home values have dropped from peak: -51.4%

4. Cincinnati-Middleton, Ohio-Ky.-Ind.
Quarterly increase in foreclosures: +55%
Number of foreclosures in third quarter of 2011: 1,956
Percentage that home values have dropped from peak: -15.9%

5. Jacksonville, Fla.
Quarterly increase in foreclosures: +49%
Number of foreclosures in third quarter of 2011: 2,559
Percentage that home values have dropped from peak: -39.3%

6. Palm Bay-Melbourne-Titusville, Fla.

Quarterly increase in foreclosures: +44%
Number of foreclosures in third quarter of 2011: 1,039
Percentage that home values have dropped from peak: -53.4%

Robert Jerome

Vice President of Growth & Developement

Exit Realty Central

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Matthew Stamer Ranked #21 in The U.S. by Wall Street Journal of over 1.1 million Realtors

That is absolutely amazing! Almost 350 Transactions closed in Matthew’s name. The most amazing part is that Matthew shared ever single one of those transaction with Realtors in the office as his commitment to remaining as a non-competing broker that focuses on developing and building his Realtors business’s.

To be recognized for something like this is really something special. Matthew is not your ordinary person by any means, he is much too exceptional to be considered ordinary.

This confirms that we have one of the Real Estate markets most respected leaders leading Exit Realty Central right to the top!

Current Rankings:
Matthew Stamer #21 Agent in the U.S.
Exit Realty Central top 5 REO Company’s in Central Florida
Exit Realty Central top 10 total units sold in Central Florida
Exit Realty Central among top producing offices in all of Exit Realty in all of North America

Most Real Estate professionals never get the opportunity to work with such a great leader that cares so much about his company and his agents.

Make sure to tell you Realtors friends in the business about where you work and I’ll betcha they want to come check it out!

Congratulations Matthew! We are all proud of you and proud to be on your team!

http://realtrends.com/products/top-1000-sales-professionals/individual-sides  http://realtrends.com/products/top-1000-sales-professionals/individual-volume
http://realtrends.com/products/top-1000-sales-professionals/team-sides  http://realtrends.com/products/top-1000-sales-professionals/team-volume 

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A great Real Estate brokerage attracts great agents.

When productive Realtors are joining our company transferring from other large brokerages such as Remax, Keller, Prudential, Zip, etc, we know that we must be doing something really special here at Exit Realty Central.

In 2011 we’ve had some really talented Realtors join our company and some have really hit the ground running taking listings and writing contracts.

Our company is growing while hiring top talent in the market place. We’ve hired top level Commercial/Biz Realtors that have launched our Commercial/Biz division and today we will hire a gentleman that is a specialist in International Real Estate Business and will launch our International Division. Soon to come will be launching our luxury division empowering our Realtors to go after and secure more luxury listings.

In 2011 we have locked arms with the following Realtors:

  • Didem Hanley                           Exit Realty Professionals
  • Salim Valiani                             Remax Properties SW
  • Jennifer Ceballos                      Big International Realty Inc.
  • Thomas Kimbrough                 Debary Realty
  • Danit Bogeais
  • Earl Dolinar                               Exit Realty Access
  • Adriana Mardini
  • Nelly Trujillo                             Tran Realty Services Inc.
  • Eric Soto                                     Keller Williams
  • Chris Ververis                           Results Real Estate
  • Mark Wright                              Debary Realty
  • Joyce Blews                                Rene Berg Realty Inc.
  • Mark Fuller                               
  • Nina Martinov                            Remax Properties SW
  • Jim Alford                                   R. Russel Properties Inc.
  • Jeffrey Asarnow                       
  • Jackie Cavada-Barrero             Bahia Realty Group llc.
  • Josh Harper
  • Sharon Harper
  • Carlos Mendez                            Coldwell Banker Ackley
  • Suzanne Ogden                           Charles Ruttenburg
  • Adrienne Prosser                        Zip Realty
  • Larry Spann                                Independence Real Estate Services
  • Fernando Borrego                    
  • Peggy Mann                                 Sand Dollar Realty

We have a great company that offers our agents endless levels of resources and more quality leads than just about any other company in the market along with top level training and support.

We’re proud and honored to have joined forces with all of the Realtors that have come aboard with us this year and equally honored to have so many Realtors that have been with our company as long as 8 years from when Exit Realty Central first opened.

Thank you Exit Central agents for making us one of the highest producing Exit offices in North America!

We’ve had about 30 people join our company in 2011! What a great year!

Thank You

Thank You

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Orlando’s median price increases to $117,000

(August 12, 2011 – Orlando, FL) The Orlando area’s overall median price climbed to $117,000 in July. Since January of this year, Orlando’s median price has increased by 23.3 percent. The median price is also 7.64 percent higher than the $108,700 recorded in July 2010.

An increase in the percentage of “normal” sales — those that are neither bank-owned nor short sales — continues to boost the overall median price. In July, the percentage of normal sales increased for the sixth consecutive month and made up 42.15 percent of all transactions involving members of the Orlando Regional REALTOR® Association.

The lower median price of foreclosures and short sales does continue to negatively influence the overall median price.The median price for bank-owned sales in July is $80,000 and the median price for short sales is $98,000.

The 2,147 sales transactions that were completed in July 2011 is 14.67 percent less than were completed in July 2010. Bank-owned sales dropped 49.08 percent compared to July 2010, while short sales increased 16.73 percent and “normal” sales increased 16.03 percent.

At the current pace of sales, there is a 4.82-month supply of homes in Orlando’s inventory. The number of homes available for purchase in the Orlando area declined in July by 210 homes and now rests at 10,349. (Inventory is down 37.52 percent from July of last year; single family home inventory is down 33.28 percent; and condo inventory is down 53.19 percent.)

“With affordable prices and historically low mortgage interest rates, homebuyer demand remains strong. A more rapid sales recovery is possible if banks return to normal and safe but sensible lending standards,” explains ORRA Chairman of the Board of Directors Mike McGraw, McGraw Realty Services, PL.

Pending sales – those under contract and awaiting closing – are currently at 9,869. In July 2010, the pending tally was 19,133.

Homes of all types spent an average of 101 days on the market before coming under contract in July 2011, and the average home sold for 95.00 percent of its listing price. In July 2010 those numbers were 84 days and 95.01 percent, respectively.

The area’s average interest rate decreased in July 2011 to 4.53 percent, from the 4.56 percent posted in June 2011.

Affordability

The Orlando affordability index decreased to 235.71 percent in July. (An affordability index of 99 percent means that buyers earning the state-reported median income are 1 percent short of the income necessary to purchase a median-priced home. Conversely, an affordability index that is over 100 means that median-income earners make more than is necessary to qualify for a median-priced home.) Buyers who earn the reported median income of $53,846 can qualify to purchase one of 5,692 homes in Orange and Seminole counties currently listed in the local multiple listing service for $275,777 or less.

First-time homebuyer affordability in July decreased to 167.61 percent from last month’s 177.43 percent. First-time buyers who earn the reported median income of $36,615 can qualify to purchase one of the 3,931 homes in Orange and Seminole counties currently listed in the local multiple listing service for $166,692 or less.

Condos and Town Homes/Duplexes/Villas

The sales of condos in the Orlando area (369) decreased by 37.88 percent in July when compared to July of 2010 (594).

The most (162) condos in a single price category that changed hands in July were yet again in the $1 – $50,000 price range and account for 43.90 percent of all condo sales. Low-priced units have overwhelmingly dominated condo sales since March of 2009.

Orlando homebuyers purchased 178 duplexes, town homes, and villas in July 2011, which is a 28.51 percent decrease from July 2010, when 249 of these alternative housing types were purchased. Most sales (30) were between $100,000 and $120,000. 

MSA Numbers

Sales of existing homes within the entire Orlando MSA (Lake, Orange, Osceola, and Seminole counties) in July were down by 9.42 percent when compared to July of 2010. Throughout the MSA, 2,673 homes were sold in July 2011 compared with 2,951 in July 2010. To date, sales in the MSA are down 1.46 percent.

Each individual county’s monthly sales comparisons are as follows:

Lake: 13.59 percent above July 2010 (351 homes sold in July 2011 compared to 309 in July 2010);
Orange: 17.65 percent below July 2010 (1,320 homes sold in July 2011 compared to 1,603 in July 2010);
Osceola: 9.58 percent below July 2010 (472 homes sold in July 2011 compared to 522 in July 2010); and
Seminole: 2.51 percent above July 2010 (530 sold in July 2011 compared to 517 in July 2010).

For detailed statistical reports, please visit www.orlrealtor.com and click on “Housing Statistics” on the top menu bar. This representation is based in whole or in part on data supplied by the Orlando Regional REALTOR® Association and the My Florida Regional Multiple Listing Service. Neither the association nor MFRMLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or MFRMLS may not reflect all real estate activity in the market. Due to late closings, an adjustment is necessary to record those closings posted after our reporting date.

ORRA REALTOR® sales, referred to as the core market, represent all sales by members of the Orlando Regional REALTOR® Association, not necessarily those sales strictly in Orange and Seminole counties. Note that statistics released each month may be revised in the future as new data is received.

Orlando MSA numbers reflect sales of homes located in Orange, Seminole, Osceola, and Lake counties by members of any REALTOR® association, not just members of ORRA.

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Fannie Mae Seeks More Help as Its Loss Grows

Fannie Mae, the mortgage-finance company under government conservatorship, reported a $2.9 billion second-quarter loss on Friday and said it would seek $5.1 billion in Treasury Department aid to balance its books. Fannie Mae requested the money to eliminate a net worth deficit of $5.1 billion for the three-month period that ended June 30, according to a Securities and Exchange Commission filing by the company, which is based in Washington. The loss, which compares with a $1.2 billion loss a year earlier, was mostly a result of credit-related expenses on home loans made before the 2008 financial collapse. Fannie Mae also made a $2.3 billion payment to the Treasury in the second quarter. As of the second quarter, Fannie Mae has drawn $104.8 billion in Treasury aid and paid $14.7 billion in dividends, the company reported. Fannie Mae and Freddie Mac together have drawn about $170 billion in taxpayer aid.

A version of this brief appeared in print on August 6, 2011, on page B2 of the New York edition with the headline: Fannie Mae Seeks More Help as Its Loss Grows.

Matthew Stamer, CDPE

 
  
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