Realtors Orlando Florida, Brokers and Salespersons

In the United States the vast majority of sellers and buyers use Realtors or Brokers to assist them when selling or buying a home. Why?...because (unlike the U.K.) in the United States all real estate transactions, except private sales, are highly regulated. Furthermore, all persons brokering real estate, except private sellers or builders selling their own homes, must be licensed. As in the UK, the Seller typically pays sales commissions. It will cost you no more to have a Realtor guide you through the sale process. Finally, All Realtors 'share' their homes via the Multiple Listing Service. You need only to appoint one in order to have access to the vast majority of homes on the market

It is very important that you select a Licensed Realtor® to represent you in your purchase. A Realtor® is there to represent you and will deal with all aspects of your purchase ensuring that you are buying a home for the purpose it is intended, on a development which is properly zoned. The services of a Realtor® cost you nothing but could save you thousands in the long term. He/she will spend as much time with you as necessary and before showing you any properties will talk with you for some time finding out just what your requirements are. After all there is no point looking at homes that are outside your budget. Your Realtor® should be knowledgeable in all aspects of the market in which you are considering purchase and should be confident, courteous and helpful. He/she is bound by law to deal with you honestly, fairly and truthfully, if you are not confident with your Realtor® ask the office to assign someone else or find another firm.

There are many homes to choose from, both new and pre-owned, with most UK buyers choosing to buy new because of the peace of mind offered by the Guarantees (which come as standard). Lower repair costs and freedom to choose colour schemes and furnishings are seen as other reasons to buy new. New homes generally come with a full 12 months warranty on ALL items supplied, including swimming pool, air conditioning/heating and appliances such as washer, dryer, fridge/freezer, dishwasher and microwave. For the first two years all plumbing and electrical work is warranted and the building carries a 10 year structural warranty. These Guarantees and Warranties may not be in place when you buy a resale home and could prove to be costly if you have future problems. By contrast, the advantage of buying a resale home is that you may save money on the purchase. Some of the most popular areas for short-term rentals are the well-established subdivisions where no further homes are being built. However,you will have to weigh up the options and decide which is right for you!

Once you have purchased your home you will need to think about property management and your Realtor® will point you in the right direction and supply you with contact details. The selection of a management company is just as important as the selection of a Realtor®, because whilst you are thousands of miles away your home needs to be looked after properly and the rental opportunities maximized.

Typical costs to run a 4 bed rental home in Florida are around $500 - $600 per month and the current interest rates at this time are around 5.7% to 8.2% (these rates are subject to change but are correct as of Feb. 2002).

We hope you find your dream home in Florida and wish you many happy vacations in the sunshine state.
Michael Spinos - licensed since 1973