Orlando Real Estate Related Web Log

Entries from September 2007

Orlando Agents Sleeping On The Job

September 27, 2007 · Leave a Comment

Throughout the years I’ve wondered what makes a top producing agent a top producing agent. Is it the car they drive? Many people choose thier agent based on this, (not the best determining factor). Could it be that the top agents all have some common thread? Do they have a higher level of education than thier peers?

One top agent I know is a Soccer Mom, another a retired nurse.  When comparing these two it’s really hard to find any similarities in personality or lifestyle, hobbies. They are both very different.  What is the ingredient that these two and many other top agents share in the main dish?

After reflecting on this for quite some time, I decided to get to the bottom of it and interview and question some top agents that I’ve met throughout the years to find the common element that makes a top agent a top agent.

What I’ve found after all this time is one common thread that all agents of top producing caliber seem to share. They all seem to have focus, a plan, an actual business plan.  They set production goals, and treat thier real estate career like a business, a business where they are the CEO.  Most of the top agents I’ve spoken with work five days a week and take two days off, just like a real job. They set income goals and lay out detailed plans of how to get there, how many transactions they need to do.  As consumers we are programmed to think that all top agents work 7 days a week and sleep with thier cell phones on, yet none of the top agents that I’ve met do this. Picturing an agent with his or her cell phone next to their bed  seems kind of desparate, don’t you think? Do we really want someone so desparate for business that they sleep with their cell phone on thier night stand?

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With so many agents and companies to choose from does it make sense for me to hire an agent based on the typical questions that we’ve been taught to ask during an agent interview? Hmm???

Maybe we should be asking about their goals. How many homes are you planning to sell this year? What is your goal for this quarter?… Etc…

If we’re interviewing agents for the position of marketing/listing our homes, should we be concerned about the car they drive when they visit us at our home for the interview or should we be more concerned about what car they are planning to buy next time?  Perhaps the most loaded and important question of all should be, “Where do you put your cell phone when you’re sleeping?”

Categories: Orlando Real Estate Market

Buyer Beware!

September 16, 2007 · 1 Comment

Orlando, Florida: Buyer Beware! There is always something very special about buying a brand new, newly built home. The home smells so nice and everything is so clean and pretty. Buyers who buy from builders sometimes buy new homes like one would buy a new car, trading thier used homes in every few years for a newer models. Sometimes the good outweighs the bad which is good for the builder considering that builders have been pulling the wool over buyers eyes for so long now. Undoubtedly the hazy cloud from the frenzied new home buyers is smoothing over the rough spots that most buyers experience throughout the process of buying and building a new home with a builder. Certainly few buyers realize how one sided the builder’s sales contracts are, favoring the rights of the builder over the buyer in most clauses of the contract. Who could blame the builder, right? But does the average buyer know this? Should they have a lawyer or a real estate agent looking over the contract to point out and interpret for the buyer what they are signing?, you bet!

Did you know that most new home contracts include a clause which states that if the home does not appraise for the contract price, that the buyer is still reponsible for closing and if there is a mortgage the buyer won’t be allowed to finance the new increased balance in most cases with thier lender?  I will write more about this later in the article, you won’t believe what happened to this buyer. Sadly, this is not an isolated case. The majority of the builders have this clause in the contract. It gets worse… (more…)

Categories: Community Affairs/Special Interest · Orlando Real Estate Market

Winter Garden Music Fest – 3 days Free to Public!

September 15, 2007 · 2 Comments

Winter Garden Music Festival 2007    October 5, 6 & 7 Downtown Winter Garden, Florida. Mark your calenders for free concert open to the public. Experience downtown in a festive atmosphere with featured local entertainers. The featured musicians will represent several music genres including Jazz, Blues, Urban Jazz, Southern Rock, Big Band, Swing, Zydeco, Dixie Land, Country, Blue Grass, Classic Rock, Pop, Folk, Classical, Japanese Taiko Drums, Christian Pop, Gospel, R&B, Ragtime, African, Mariachi, Celtic and Thai. Local vendors, restaurants are sponsoring this celebrated 3 day event. Read more at: http://www.WinterGardenMusicFest.com . I hope to see you there!

Categories: Community Affairs/Special Interest · Winter Garden