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Orlando Vacation Realty joins prestigeous Mayfair International

Terry Riffe | March 15, 2016
An Flamand, Broker Orlando Vacation Realty

An Flamand, Real Estate broker, has joined the prestigious Mayfair International.

ORLANDO – Central Florida’s leading real estate brokerage, An Flamand-Orlando Vacation Realty, has been invited to join Mayfair International Realty, a prestigious network of more than 100 different brokerages internationally.

This opportunity will enable An Flamand to market properties to the European investor, a key part of the thriving Greater Orlando real estate market today.
An Flamand, Real Estate broker of An Flamand-Orlando Vacation Realty, noted that Florida is such a strong international draw for tourists, business entrepreneurs and investors alike that joining Mayfair offers her a greater ability to help connect European clients with Central Florida’s housing market.
“We consider being part of Mayfair International Realty as an essential move to guarantee that our clients’ properties reach the widest possible market,” she said. “We are now working in a global real estate village. The international real estate investor is a reality. Our aim, working with Mayfair International Realty, is to bring the global investor to our marketplace.”
Mayfair International Realty brings together “the finest luxury real estate with the very best brokers and agents from across the globe,” noted the UK-wide network that was founded in 1995.
The network has since grown to become of the foremost groups of luxury real estate agents in England, Scotland, Wales and Ireland.
As An noted, joining the network is really about sharing its unique vision.
“You need to have the same values and the same ethics,” she said.
Those values include “uncompromising service and a superb range of luxury homes to discerning international clients,” Mayfair noted on its website, adding that they are also looking for a brokerage that can provide “a unique and clear benefit to your clients and a powerful tool for your agents.”
It’s a network, Mayfair noted, that aims to be “synonymous with quality, integrity, experience and customer satisfaction.”
As Flamand noted, she has plenty of experience working with European investors, who have been searching for great opportunities in the Orlando market for decades – so much so, she added, that her client list “reads like a world atlas.”

Read full article here…

Why is 2016 the perfect time for British clients, British Investors to purchase in Florida or in the United States?

Terry Riffe | February 25, 2016

Why is 2016 the perfect time for British clients, British Investors to purchase in Florida or in the United States?

One of the main reasons is the climate, the sunny warm climate that they like. Not only that, they speak the same language. That definitely has its advantages.

In 2015, according to the Realtor Association, Orlando had an increase of 9% appreciation – going in the right direction if that is what you are looking for when investing in Central Florida. Not only that, the UK market is changing tremendously. Starting April 1st, there will be an extra 3% Doc stamps on any new secondary purchases. Any clients or people that are buying a secondary home, investment home or a ‘buy to let’ will pay an extra 3% Doc stamps, which is significant.

Not only that, a bigger issue I see is when owning property – or investment property, buy to let- you will also not be able to deduct any of your interest rates or your interest on your loan or your mortgage. That is a big expense to a lot of British clients that will be the reason they want to sell or they do not want to buy in the United Kingdom anymore.

So, a lot of clients are looking now to purchase somewhere else. With all of the problems that are happening in Europe, Florida is probably the next best thing and the safest place to buy. A lot of our clients are talking to us and are thinking of either buying either pre-construction, new or existing properties.

If you have any questions, feel free to email me at An@OrlandoVacationRealty.

 

Tips for Selling your Home Quick in 2016!

Terry Riffe | January 6, 2016

Sellers, make necessary repairs before listing your home

Here are some tips for selling your home quick in 2016…

If you have waited until the new year to put your home on the market, the time has come and there are some very important tips to keep in mind to sell your home quick. There are a few variables that will be impacting the housing market in 20016. Firstly, the Feds raised the interest rate for the first time in many years. While the initial reaction may be slow to come, it will come. Another factor for 2016 – it’s an election year.  While there may be other factors that will come into play this year, these two alone are worth paying attention to.  So, if you are planning to put your house on the market in 2016, here are a few tips that can put you ahead of the others…

  • Price your home right. Prices have been rising for a few years now, but are beginning to plateau. You will need to be realistic about your asking price. Be sure that you price it at or below the current market to get maximum interest.
  • Stage your home. This is always a good idea, but especially in a buyer’s market. Along with staging your home, you will want to be sure to do a deep clean. If you are too busy or just don’t want to do a deep clean, higher someone. Be sure that every room  has a purpose, clean walkways and declutter. If a buyer comes into your home and has the feeling they may have extra work to do upon moving in, they may just pass.
  • Prepare your home for the weather. If you are planning on putting your home on the market during the winter months, be sure that you take the steps necessary to ensure your home is comfortable during the adverse weather. Setting thermostats to a comfortable temperature, cleaning gutters, making sure walkways are clean of any ice or snow are all ways of ensuring potential buyers have a easy, cozy feeling when viewing your home.

If you are interested in selling your home this year or would like more information on preparing your home for the market- email me An@OrlandoVacationRealty.com or call me 1 (407)800-0888. I look forward to working with you!

Home Buying and Selling Tips for the Holiday Season

Terry Riffe | December 16, 2015
Home Buying and Selling Tips for the Holiday Season

holidays are a great time for real estate

If you plan to buy or sell your home during the holiday season, here are a few tips…

Although many sellers will pull their homes off of the market during the holiday season, for the serious buyer or seller – deals still happen between now and January. There are buyers out there during the holidays and for the serious seller, this could easily translate into higher interest in their home. Though it’s commonplace to think otherwise, market ready buyers and sellers have closed successful deals through the holidays.

For the buyers ~

Revisit listings you may have passed on earlier. If you passed on a property because of price, you may find a seller more motivated to negotiate. A home that you disregarded yesterday may become your dream home of tomorrow.

There are serious sellers out there, deals happen if you put yourself out there. Leverage these last few weeks of the year to find a home. Pound the pavement.

For the sellers ~

Take advantage of the holiday selling season and make your motivations known. Make sure everyone knows you are ready to negotiate. Offer incentives like a credit towards closing costs or include some furniture. Be sure that your agent is communicating your intentions to buyer’s agents.

Be sure your price is inline with the market. If your home has been on the market with no offers, chances are you are priced too high. Now is the time to get serious. Drop your home to a more favorable price now, you have a captive audience.

Deals happen 24 hours a day, 7 days a week. For the motivated buyer and seller, the holiday season could be the perfect opportunity for their perfect deal. If you are interested in buying or selling your home this holiday season, I’d be happy to assist you! Send me an email An@OrlandoVacationRealty.com or give me a call 1 (407) 800-0888. I look forward to hearing from you. Happy Holidays & Merry Christmas!

 

Orlando Vacation Realty is Proud to Announce Joining with the Association of International Property Professionals (AIPP)

Terry Riffe | November 30, 2015
Association of International Property Professionals (AIPP) Member

AIPP member Orlando Vacation RealtyAn Flamand, with Orlando Vacation Realty, is very proud to announce they have joined with the Association of International Property Professionals (AIPP).

AIPP has been set up to provide the consumer with confidence by promoting the highest standards of professionalism in the International property industry. Their aim is to improve the standards of professionalism in the International property market. They are a non-profit organisation, they do not sell property.

AIPP provides a set of standards for companies selling international property. Thousands of people are buying overseas property; Buying for holidays, for investment and for living. AIPP is working to make certain the consumers understand what it means when they see the AIPP logo on company literature.

I am proud to be associated with  an organisation that requires members to act with honesty, transparency and integrity in all dealings with the public and with in the industry. This is just one more way that you can be assured of the highest quality service when you choose to work with Orlando Vacation Realty.

If you have any questions regarding the Association of International Property Professionals (AIPP), I’d be happy to answer them for you. If you are interested in buying or selling vacation, investment or residential property in the Orlando/Disney area – give me a call +1 (407) 800-0888 or send me an email An@OlrandoVacationRealty.com.

I look forward to hearing from you!

 

Why Depending on Zillow’s ‘Zestimate’ May not be Wise for Buyers or Sellers

Terry Riffe | November 16, 2015
Buyers Beware!

how accurate are zestimatesDepending on Zillow’s ‘Zestimate’ may not be wise; here’s why…

Zillow’s ‘Zestimate’ is the automated property value estimates provided by online real estate powerhouse website Zillow. The strong influence and power of the internet has 90% of future homeowners searching the internet for homes, leading many to Zillow’s ‘Zestimate’. Buyers are more educated than ever before, but we must ask – Is it always in their best interest?

Some buyers will rely purely on the values that are set on websites like Zillow, the so called Zestimate. More often than not, these estimates of value of a home are inaccurate. What people don’t realize is that these are automated systems and even though they may work perfectly for some areas, can be totally incorrect on others.

Zillow uses a system called automated valuation model (AVM), this system evaluates millions of homes automatically for their current market value. This technology is amazing and provides an enormous amount of information for the consumer. The nicest thing about it is that it will condense the multiple resources to provide everything in one place. The sophisticated algorithms to predict value are very valuable. Nevertheless, Zillow has done an extraordinary job in providing real estate information to consumers. However, this information should never be the rule of thumb and should never override an actual appraisal or CMA (comparative market analysis). It is inconsistent and inaccurate.

Any information on a particular property will be consolidated and used. How often are properties listed with the wrong square footage, missing bedrooms or incorrect tax records? If we look at what has been sold in a radius and compare homes from different neighborhoods,  you may be comparing apples to oranges and coming up with very skewed results.

It is very important for interested buyers to understand that websites such as Zillow are a good tool, nonetheless, it is not always correct and cannot be used to base market value on a home.

It’s not just a Buyer’s Market, it’s Perfect for Sellers too!

Terry Riffe | November 11, 2015
For Sale Sign, An Flamand 407-800-0888, Orlando Vacation Realty LLC

IMG_7886-6With real estate prices on the rise and interest rates still low, the housing market is ideal for both sellers AND buyers.

If you have been thinking of selling your home, now is the time. During the fall and winter months, there are less listings coming on the market – which gives the buyers less of an inventory to choose from. Listing your home in the fall and winter months gives your home more exposure and draws in potential buyers that wouldn’t normally see your home.

Unless you are planning to sell your ‘For Sale By Owner’, you will need to choose an experienced real estate agent to represent you. Keep in mind that all agents are not equal. You will want to choose one with a proven track record in your area. Ask friends, relatives or coworkers that have recently bought or sold a home for recommendations. Be sure to check reviews and do your research. As a seller’s agent in the Orlando/Disney area for many years, I have extensive experience in this market. My clients benefit greatly from my local expertise.

Begin preparing your home before you put it on the market. Don’t put off what you can do today. Buyers are looking for a move in ready home, not something they will have to work on. Making small changes before listing your home can make a big difference once you have potential buyers walking through. Small repairs done before listing your home can make the difference not only in how long your home sits on the market, but can also make a big difference in the bottom line of what buyers are willing to offer.

When you list your home, be sure to make your home available. This means not putting any restrictions on when potential buyers can view your home, within reason of course. If a client is interested in seeing you home, but not able to, you can be sure that they will find another home to look at.

Have your plan together of what you are doing after the sale. You can ask your real estate agent to help you find suitable housing before you begin marketing your home.

If you keep all of this in mind, selling your home can be a very positive experience. If you are in the Orlando area and ready to sell your home, I’d be happy to assist you. Email me An@OrlandoVacationRealty.com or call me +1 (407) 800-0888.

What UK Investors Need to Know Before Buying Property in the Orlando/Disney Area

Terry Riffe | November 9, 2015
An Flamand Orlando Real Estate Expert

Brand 1With its sunny climate and world-renowned attractions, the Orlando/Disney area is one of the top locations for Uk property investors. Before you decide on your property and make a commitment, there are a few details you should keep in mind.

Familiarize yourself with the Immigration laws. The United States has a complicated visa system. The visa you choose will be based on whether you plan to move to Florida, live in the state part time, whether you will be associated with a United States company and other factors.  Also keep in mind, it is not necessary to travel to the United States to purchase an investment or vacation property. With the advancement in technology, investors are able to view properties online and take care of all legal documents either via email or courier services such as UPS. If necessary, US bank accounts and mortgages can also be handled without the investor travelling to the US.

Unlike buying in the UK, you do not need an attorney to purchase property in the United States. In the United States, you will want to partner with a REALTOR® that will act as your buyer’s agent. Your agent will find homes that fit your criteria and schedule showings for you.  Once you decide on the home you like, your agent will then negotiate the price and terms on your behalf.  Your licensed agent will act as your transaction broker and represent you during the entire process. She/He will represent you as a buyer regardless as the properties’ listing company/agent. (Please note: You are not required to select a REALTOR® to buy a property in the United States, however it is in your best interest to have one represent you.)

Decide how you will be using your property. Will you be renting the home out short-term as a vacation rental? Will you be leasing the home out long-term, generally seven to twenty four months? Will you be fixing the home up (flipping) to sell at a higher price? Or, will you be using the home primarily for yourself and your family? This is very important to be sure of before going in. In the Orlando/Disney area, not only do housing guidelines and restrictions vary by county and city, but also by area and subdivision. Your REALTOR® will better be able to find your dream home once this is established.

If you are a UK Investor and you are ready to invest in the Orlando/Disney area or have more questions, I’m happy to assist you! Send me an email An@OrlandoVacationRealty.com or give me a call +1 (407) 800-0888.

 

 

It’s a Great Time to Purchase a Home – Here’s Why…

Terry Riffe | November 6, 2015

NOW TIME TO BUYIf you have been on the fence about whether to purchase a home or not, just do it! If you have the financial resources and means, it is a great time to purchase a home. Here’s why…

~ Home values are on the rise. The appreciation rate for the Orlando area for the last quarter was at 4.86%, and this number is expected to rise in the near future. What does this mean for you? It means that a home is not only great place to invest your money, but a great place to build family memories while you’re at it.

~ Rental rates are on the rise while rental inventory is declining.

~ Interest rates are low, low, low. Today’s 30-year fixed rate mortgage (conventional financing with 5% down) is at 3.81%, a 15-year fixed rate mortgage is 3.01%. It’s just a matter of time before the Feds raise these rates.

~ Many lenders are lowering their credit score requirements and relaxing their guidelines.  This makes it easier for some borrowers to qualify for a loan than in recent years.

If you decide it’s time for you to buy a home, be sure you choose a trusted real estate agent in your area. If you are ready to buy a home or an investment property in the Orlando/Disney area, I’m ready to assist you. Email me An@OrlandoVacationRealty.com or give me a call 1 (407) 800-0888. Happy house hunting!

 

 

Here’s what you Should Consider when Choosing Your Real Estate Agent…

Terry Riffe | November 4, 2015
Buying or Selling? Contact An Flamand 407-800-0888

An Flamand, real estate BrokerBefore making what is probably your largest financial purchase, choosing the right Real Estate agent is a very important decision. After all, you will be spending a lot of time with your agent, you must be able to have serious conversations with them and be confident in their negotiating skills.

You will want an agent that will listen to you and be your partner throughout the entire process. You must also be sure that the agent you choose is an experienced professional and knows the market that you are interested in.

So, choose someone that you trust is the most qualified for the job, but also someone that you know will be with you for every step of the process.

While it may sound like a daunting task to navigate through, it’s not. Here are a few questions to ask yourself and potential agents to make it a little easier…

Will I be working with you directly?  You want to make sure that you are able to connect with your agent directly. While this doesn’t mean that you won’t also be working with a Sales Associate or Administrative Assistant, as they are often invaluable, you’ll want to be sure that your agent is available when you need them.

How many sales have you closed in the area that I’m interested in?  This is very important. An agent’s track record is proof of their success in any given area.

Is the agent also a Broker?  In choosing an agent that is also a Broker, you can trust that this person is committed to a career in Real Estate and goes above and beyond what is necessary. Experience along with continuing education generally make for better agents.

Be sure to ask for names and contact information of past clients that are willing to provide references.  This is probable the most important piece of advice for choosing your real estate agent. Don’t just read reviews. Speaking to past clients personally will give you the most insight to whether or not an agent has the qualities and knowledge that you are looking for.

Choosing your agent is the first step in the home buying/selling process. Take into account these suggestions when deciding on your agent. There are many qualified agents out there that are willing to work hard to ensure you find your perfect fit when searching for a home or is willing to market your home aggressively when you are ready to sell.

If you are interested in buying or selling in the Orlando or Disney World area, I would be happy to assist you. Email me An@OrlandoVacationRealty.com or give me a call 1 (407)800-0888. I look forward to working with you.