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Kissimmee, FL

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Bank of America Short Sale Approval!!

11-04-09
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc: Real Estate Brokerage in Poinciana, FL
  • view my blog
  • Office: (407) 870-9003
  • Mobile: (407) 873-2747

Short Sale broker

Hi folks, Miracles do happen. After many months of phone calls, updating documents and keeping the buyer on track we finally received an approval to close on a Bank of America Short Sale.

Only one small issue........they approved the wrong Buyer and the wrong contract!!!

So, we start over.

I love Short Sales. I really do. There can be no other reason that I would deal with this crap day in and day out.

Need help with your Florida Short Sale? www.CentralFloridaShortSales.com

Florida Property search

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

http://ShortSaleSuperStars.com

Are you a Florida REALTOR(R) looking for a change? Check it out.

CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved

26 Comments
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The Buyer CMA. Do you use it?

10-31-09
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc: Real Estate Brokerage in Poinciana, FL
  • view my blog
  • Office: (407) 870-9003
  • Mobile: (407) 873-2747

Realtor training 407-873-2747

Hi folks. Lenn Harley wrote a post today titled "Looking at Real Estate Teams and Team Specialists". If you haven't read it please take a moment to do so. In her article Lenn wrote...

"The assumption is that training for property valuation is for listing agents for CMAs and not for buyers agents. IMO, one of the most valuable skills any real estate practitioner can have is that of accurate property valuation."

I have to say I agree with that statement. As most of you know I have been primarily a listing agent for many years. Over the last 18 months or so I have had to revamp my business and now find myself working with more and more Buyers.

I find that one of the advantages I have is that I know how to value property. My market is saturated with foreclosures and Short Sales. Because of this, the listing price means nothing. The listing price is normally quite a bit lower than what the property will eventually sale for.

The purpose of a low listing price is to create a bidding war. I completely understand this strategy and have no problem at all working within the rules of this "game".

My Buyers are counseled to make offers based on the value of the property not the list price. This is very important for Buyers and their agents to understand when working in this kind of a market.

How many of you have had Buyers that insist on offering below listing price on every property they look at? How many of you counsel then to do this? Is the extent of your counsel telling Buyers to offer 90% of list price? Be honest. When was the last time you prepared a full blown CMA (Comparable Market Analysis) for a Buyer?

Do you even know how to prepare a market analysis? From some of the offers I see coming in on my listings my opinion is that..no..you don't. Your Buyers are missing out on properties because they are hung up on the listing price. Your job is to make sure this is not a stumbling block for them. The best way to do that is to make sure you are giving your Buyers a CMA.

This Buyer CMA can be for a specific property or it can be based on the style and type of property they are looking for. Does that make sense?

Here's a CMA I prepared last week for a Buyer. We ended up getting his offer accepted even though there were about a dozen offers on the property. Check it out. Any questions?

CMA 816 Halifax Dr Kissimmee FL 34758

Florida Property search

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

http://ShortSaleSuperStars.com

Are you a Florida REALTOR(R) looking for a change? Check it out.

CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved

100 Comments
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Selling Kissimmee Real Estate is like going to the Dentist. Only more painful!!!

10-29-09
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc: Real Estate Brokerage in Poinciana, FL
  • view my blog
  • Office: (407) 870-9003
  • Mobile: (407) 873-2747

Florida Real Esate broker 407-873-2747

It seems like all Buyers want the same thing. Four bedrooms, 2 baths, at least 1700 sq ft living area, no more than 5 years old and less than $100,000. The problem is there are only 22 of them on the market today. 17 of those are Short sales!!! The other 5 are REOs (foreclsoures).

So here's the deal. If I tell you you will not get the property for less than asking price....I'm NOT lying. Properties that are priced right are selling for an average 105% of the asking price. That's just an average. Some are selling for way more than that. In fact, the highest sold for 158% of asking price.

I'm a Real Estate Broker. I make my living by selling property. I WANT to sell you a house. I also WANT you to be able to get a good property at a fair price. If I tell you houses are selling for $42 a sq ft and your accepted deal at $38 a sq ft is a good deal then you need to believe me. I'm not just blowing smoke up your arse.

If you are not comfortable paying more than the asking price then don't. That is certainly an option for you. BUT....you won't be buying a 4 bedroom, 2 bath home, with at least 1700 sq ft, no more than 5 years old in Kissimmee for less than $100,000.

Is that really that difficult to understand? If you don't want to understand it then please just move on. I truly don't need that $1,500 commission.

If you REALLY want to buy a house and want someone that will give it to you straight then give me a call. I can help.

OK....that was fun. Now who can I send this to? www.CentralFloridaShortSales.com

Florida Property search

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

http://ShortSaleSuperStars.com

Are you a Florida REALTOR(R) looking for a change? Check it out.

CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved

22 Comments
Blog_tag

Kissimme Holiday Villa For Sale. 20 minutes to Disney

10-28-09
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc
Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc: Real Estate Brokerage in Poinciana, FL
  • view my blog
  • Office: (407) 870-9003
  • Mobile: (407) 873-2747

Kissimmee Florida Short Sale. Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of property at full listing price may be conditioned upon approval of third parties. Centrally located. Vacation rentals are OK. Very good unit for the price. Close to downtown Kissimmee. 25 minutes to Disney World and the Airport. This is a short sale and does require patience. Please only qualified buyers.

 

Do you need help selling your Florida Short Sale? Central Florida Short Sales

Florida Property search

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

http://ShortSaleSuperStars.com

Are you a Florida REALTOR(R) looking for a change? Check it out.

CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved

6 Comments
Blog_tag

15 Quick Fix Tips For Getting More Bookings on Your Orlando Vacation Home

10-21-09
Erica Muller
Erica Muller: Real Estate Agent in Davenport, FL
  • view my blog
  • Mobile: (561) 723-4265

Original Content From www.ThePinkFlamingo.info

We all like quick fixes right? Well here are 15 quick and easy changes you can make to your Orlando vacation rental and booking routine to increase your exposure and revenue this winter.

1. Update Your photos!
There is nothing worse than outdated, bad angled pictures lurking around on your property website. People will be booking your home solely based on the photos they see online. You only get one chance at this so make it count. The Flamingo thing to do would be to dip into your wallet a little and hire a professional Orlando real estate photographer to come in and snap some shots. It’s an investment that will pay off in the end.

Expose2. Expose Yourself!
Don’t be afraid to put your home out there. There are over 50 websites you can list your Orlando vacation rental home on to get some owner booking revenue coming in. Consider the top three and take an ad out on those sites. Again if your pictures are terrible than don’t waste the money but if the package looks good than by all means get it out there! One of my personal favorite sites for this is VRBO

3. Start a Blog
Yes, I just told you to become a “blogger”. This is by far the fastest and most cost effective way to start generating some exposure online. It’s free to start a WordPress blog and if you do it correctly can generate a ton of new business and stir up interest in your Orlando vacation rental. A great thing to do would be to blog about up and coming events in the Orlando area, any news or information about your vacation home neighborhood, any specials you are running and have a place where guests can leave comments and testimonials. You can also link this to your property website.

Read Also: How To Get Your Own Bookings On Your Davenport Short Term Vacation Rental Home

4. Testimonials
Nothing speaks louder to a potential prospect than the voice of another satisfied guest. If you are not utilizing testimonials on your website/blog than you are missing out on a large market of people. Encourage your previous guests (the satisfied ones) to go onto your website/blog and leave you a testimonial on the testimonials page (which you should have in place already). In all of your online advertising link back to this page so people can read them.

5. Love Your Competitionhug
Who says you have to compete with the competition? There is more than enough business to go around for everyone and there is also power in high numbers. Get with other owners of properties in your neighborhood and link your websites up. What’s great is that they may have guests that are looking for specific dates that they already have booked but guess what, their “buddy” up the street has availability. Many Orlando vacation home owners have even started neighborhood websites where all owners within the community advertise their home and they market the site together.

Read The Full Article Here

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