“I-4 ULTIMATE” Improvement Project Update

November 20th, 2014

The “I-4 Ultimate” project transforms Central Florida’s transportation backbone. The $2.3 billion project reconstructs 21 miles of the interstate from Kirkman Road to north of State Road 434 in Longwood.

Work rebuilds 15 major interchanges, widens, replaces and adds more than 140 bridges, adds four dynamic tolled Express Lanes in the median and increases the design speed to 60 miles per hour.

Construction begins in early 2015, but now is the time to start preparing for how the project will affect you and your clients.

Isabel Ward Named International ALC Member

March 4th, 2014

Keller Williams Waterford Lakes Agent, Isabel Ward, was chosen by her peers to represent 3,500 agents in the North Florida Region as a Keller Williams International Associate Leadership Council member.

Isabel was initially chosen among the KW Waterford Lakes ALC to represent the office as the Regional ALC member. She was then voted into her position as International ALC Member. Isabel will be responsible for creating policies and guidelines for 700+ offices worldwide, and then relaying those policies to the 3,500 Keller Williams Agents in the North Florida Region.

Isabel attended the International ALC Meeting with Mo Anderson, current Vice Chairman of the Board, and former CEO of Keller Williams.

Isabel has been an ALC member in Waterford Lakes for five years.

 

10 Markets Where More Buyers Bring Cash

July 26th, 2013

 

 

Home buyers who require financing for their home purchase can struggle to compete against buyers who have offers of all-cash.

Where are all-cash deals the most prevalent? Cash deals represented 80 percent of home sales in June in Vermont; 58 percent in Nevada; 57 percent in Florida, and 51 percent in New York, according to RealtyTrac. Cash deals represent a very small percentage in Texas, Utah, and New Mexico.

The markets with the most all-cash transactions tend to have a high number of foreclosures and depressed home prices, which attracts investors and private equity firms, according to RealtyTrac.

The following 10 metros had 40 percent or more all-cash deals out of the total home sales in June, according to RealtyTrac:

  1. Miami/Ft. Lauderdale: 64%
  2. Las Vegas:      62%
  3. Tampa,      Fla.: 58%
  4. Detroit:      56%
  5. Orlando:      53%
  6. New York:      49%
  7. New      Orleans: 43%
  8. Memphis:      43%
  9. Jacksonville,      Fla.: 42%
  10. Atlanta:      42%

Source: “Housing markets where cash is king,” CNNMoney (July 25, 2013)

 

KW Waterford

13201 Lake Underhill Rd.

Suite 111

Orlando, FL 32828

 

Buyer brings cash

10 Hottest Rental Markets

June 13th, 2013

Realtor.com® recently released a list of the top rental markets in the country, based on the most-searched markets at its site the last month. The large area around the University of Central Florida, Full Sail University and Valencia College has many homes, appartments and condos for rent.

 

Among the top 10 markets:

1. Las Vegas
Median rent: $1,100

 

2. Austin, Texas
Median rent: $1,450

 

3. Charlotte, N.C.
Median rent: $1,195

 

4. San Antonio, Texas
Median rent: $1,100

 

5. Orlando, Fla.
Median rent: $1,195

 

6. Raleigh, N.C.
Median rent: $1,095

 

7. Chicago
Median rent: $1,550

 

8. Los Angeles
Median rent: $2,650

 

9. Atlanta
Median rent: $1,353

 

10. Houston
Median rent: $1,355

 

Keller Williams Advantage II Realty has it’s very own rental specialist, Chris McMahon. If you are interested in renting a house, condo, townhouse or appartment, visit his website.

 

The Keller Williams Waterford Lakes Market Center, located at 12301 Lake Underhill Rd. Suite 111, Orlando, Fl was established in 2005 and has 124 associates.

 

To learn more about Keller Williams Realty, call Rick Bosley at 321-277-5791 or visit our website.

 

 

 

Home for rent

Keller Williams Realty Ranks #1 Among Brokers on the REAL Trends 500 List

June 5th, 2013

According to the REAL Trends 500, Keller Williams Realty’s top brokerages sold more real estate than any other franchise’s brokerages last year. The report is an annual industry ranking published by REAL Trends, Inc., a leading source of analysis and information on the residential brokerage and housing industry.

 

Of the Top 500 real estate brokerages in the United States, Keller Williams Realty offices significantly outpaced the industry in both sales volume per office and transactions per office. Keller Williams Realty brokerages represented 23 percent (116 offices) of the Top 500 by closed volume and 22 percent (111 offices) of the top 500 brokerages ranked by closed transactions. The Keller Williams Realty offices included in the Top 500 handled approximately $67 billion in sales and more than 289,000 transactions.

 

“We are honored to be in business with so many talented associates who share our goal of being the largest, most productive and most profitable real estate company in the world,” Keller Williams Realty CEO Mark Willis said. “By putting our agents at the center of every decision we make as a company, we are able to empower our people to succeed as leaders in their markets.”

 

In addition to the overall rankings, Keller Williams Realty had more offices ranked than any other national franchise company in the Top 50 in each of the following categories:

  • Transactions per Office
  • Sales Volume per Office
  • Percent Increase in Transactions
  • Percent Increase in Volume
  • 5-year Percent Increase in Transactions

 

The REAL Trends results reinforce the record-setting productivity gains Keller Williams Realty announced previously. In 2012, per-agent units increased 23 percent, closed volume was up 31 percent, and gross commission income rose 28 percent – far outpacing the industry. A record 91 percent of the company’s offices were profitable for the year. Moreover, the Keller Williams Realty profit share system distributed $55 million in profits to associates – an increase of 44 percent over the previous year.

 

“We are always moving toward our next big goal,” Willis said. “Once we achieve it, we set the next one and tackle it so that we are always making forward progress. Since last year’s REAL Trends 500, we’ve grown by 10,000 associates, become the largest real estate franchise in the United States, and been recognized by J.D. Power and Associates as highest in customer satisfaction among both home buyers and home sellers.* This year’s report shows that, once again, our education-based, technology-driven company is setting the bar for our industry.”

 

“It’s all about our people’s success,” added Keller Williams Realty President Mary Tennant. “When you make sure your associates have careers worth having, businesses worth owning and lives worth living, it’s no surprise when they dominate reports like this. We are so proud to be in business with all of the talented people who make it possible.”

 

For more details, the full reports are available on the REAL Trends Website: www.realtrends.com.

 

The Keller Williams Waterford Lakes Market Center, located at 12301 Lake Underhill Rd. Suite 111, Orlando, Fl was established in 2005 and has 124 associates.

 

To learn more about Keller Williams Realty, call Rick Bosley at 321-277-5791 or visit our website.

 

 

 

 

 

 

KW Dominates Real trends 500

 

 

 

*Disclaimer: Keller Williams received the highest numerical score among full service real estate firms for home buyers and home sellers in the proprietary J.D. Power and Associates 2012 Home Buyer/Seller StudySM. Study based on 2,994 total evaluations measuring five firms and measures opinions of individuals who bought or sold a home between March 2011 and April 2012. Proprietary study results are based on experiences and perceptions of consumers surveyed March-May 2012. Your experiences may vary. Visit jdpower.com.

Are You Thinking About a Career in Real Estate? Join us…

May 2nd, 2013

Keller Williams Realty Waterford Lakes is hiring! Join us for our real estate Career Night and see if you are a fit for our company! The KW Waterford Market Center is number one in sales units and listing units in their surrounding area and number seven in sales units and listing units in the Orlando Regional Area.

We offer training, technology and support for new agents and agents that have been in the business for years! For more information on Keller Williams Realty Waterford Lakes, visit our website!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

We hope to see you there!

 

 

Real Estate Agents to Sellers: Get Moving!

April 22nd, 2013

With inventories at 13-year lows, real estate professionals are getting creative in trying to convince home owners to sell.

“There’s such little inventory that my joke is it’s like the last shrimp at the buffet at a cocktail party and everyone’s jumping on it to try and get to it,” Boston-area real estate pro Ken Snyder told American Public Media.

Snyder has been posting stories on his social networks about how he’s getting six or seven offers on properties from the high buyer demand, but then adds “Sellers, hello? Where are you?!” His messaging is working. Owners who had been renting a loft saw his Facebook post and decided to sell after all.

To try to get more listings, some real estate professionals are also holding first-time home-seller seminars. And real estate professional Gary Rogers says he’s been writing personal letters to sellers.

But real estate professionals say that many owners fear selling because they’re scared that once their home is sold they won’t then have any place to move to due to the low inventories.

Source: “Realtors Ask: ‘What can I do to get you OUT of that House?” American Public Media (March 20, 2013)

The Keller Williams Waterford Lakes Market Center, located at 12301 Lake Underhill Rd. Suite 111, Orlando, Fl was established in 2005 and has 117 associates.

 

To learn more about Keller Williams Realty, call Rick Bosley at 321-277-5791 or visit www.kwwaterford.com.

 

 

Is It Cheaper to Own than Rent in Todays Orlando Real Estate Market?

March 21st, 2013

The quick answer… YES!

 

Trulia’s Winter 2013 Rent vs. Buy Report looked at homes for sale and for rent on Trulia between Dec. 1, 2012, and Feb. 28, 2013, and compared the costs, factoring in transaction costs, taxes and opportunity costs. For homeownership costs, study authors assumed a 30-year fixed-rate mortgage, 20 percent down, itemizing tax deductions at the 25% bracket and a stay of seven years in the home.

 

 

 

Overall, buying a home is 44 percent cheaper than renting nationwide – down just slightly from 46 percent in 2012. In each of the 100 largest metros, buying is more affordable than renting, though it ranges significantly – from 70 percent cheaper to buy than rent in Detroit to only 19 percent cheaper in San Francisco.

 

 

 

In the 10 Florida markets checked by Trulia, savings ranged from 40 percent to 60 percent. They include:

Miami: 43% cheaper to buy
Fort Lauderdale: 53% cheaper to buy
West Palm Beach: 56% cheaper to buy
Cape Coral-Fort Myers: 45% cheaper to buy
North Port-Bradenton-Sarasota: 51% cheaper to buy
Lakeland-Winter Haven: 55% cheaper to buy
Palm Bay-Melbourne-Titusville: 50% cheaper to buy
Orlando: 51% cheaper to buy
Tampa-St. Petersburg: 55% cheaper to buy
Jacksonville: 54% cheaper to buy

 

 

 

Individual own-versus-rent savings will vary depending on details, but Trulia posed an adjustable map on its website.

 

 

 

Visitors can change the map to suit their circumstance by choosing the mortgage rate they expect to pay (3.5%, 4.5% or 5.5%), their IRS tax bracket (none, 15%, 25%, 35%) and the length of time they expect to be in the house. The map then changes its buy-versus-rent estimates based on input.

 

 

 

For example, changing a Miami buy-versus-rent decision to a three-year stay, 15 percent tax bracket and 5.5 percent mortgage interest rate makes it wiser to rent for a 1 percent savings.

 

 

 

“People who didn’t buy a home last year may have missed the bottom of the market, but they haven’t completely missed the boat,” says Jed Kolko, Trulia’s chief economist. “Buying remains cheaper than renting in all 100 large metros. Even buyers who can’t get today’s lowest mortgage rates will still find that buying makes more financial sense than renting in nearly all local markets – so long as they can get a mortgage in the first place.”

 

 

 

Keller Williams Waterford Lakes is located near the University of Central Florida, where many residents are renting. To start your home search, visit us on the web or contact us at 407-393-5901 today!

 

 

 

Did Your Real Estate Market Make the Short List?

February 21st, 2013

 

 

In 2012, 41% of home buyers said they began their home search on the internet and 47% of home buyers found the home that they purchased online. So, which real estate markets are attracting the most traffic from prospective home shoppers online? Realtor.com released its top-searched metros for January, which shows that Chicago continues its streak as the front-runner in most searched metro at the site. The Orlando real estate market is among the top 10 cities to be searched online.

 

The rankings for January are:

 

1. Chicago

2. Los Angeles-Long Beach, Calif.

3. Dallas

4. Detroit

5. Atlanta

6. Boston-Westchester-Lawrence-Brockton, Mass.-N.H.

7. Philadelphia, Pa.-N.J.

8. Tampa-St. Petersburg-Clearwater, Fla.

9. Phoenix-Mesa, Ariz.

10. Orlando

 

Is your real estate business easy to find online? Contact Rick Bosley, team leader of Keller Williams Waterford Lakes Market Center to find out how to enhance your online presence today!

 

 

Keller Williams Realty Now #1 Real Estate Company in the United States by Agent Count

February 18th, 2013

 

DALLAS, TEXAS — Keller Williams Realty, Inc. announced today that it is   the largest real estate franchise company by agent count in the United   States, with approximately 80,000 associates. In recent years, Keller   Williams Realty has posted record growth numbers, surpassing RE/MAX, Century   21, and now Coldwell Banker to secure the industry’s top position. The news,   based on publically available information as of February 6, 2013, was   announced in front of more than 10,000 Keller Williams associates during the   company’s annual convention in Dallas, Texas.During his standing-room-only, annual State of the Company   address, CEO Mark Willis made the announcement, stating, “Keller   Williams associates: We are one family. We have one destiny. We share one   thing…We are America’s #1 real estate company by agent count!”

 

Willis also reported strong productivity gains by Keller   Williams associates in 2012. Year over year, per-agent units increased 23   percent, closed volume was up 31 percent, and gross commission income rose 28   percent. Moreover, a record 91 percent of the company’s offices were   profitable for the year. The company also announced its final profit share   total for the year, which added up to more than $55 million in profits   distributed to Keller Williams associates – an increase of 44 percent over   the previous year.

 

Keller Williams Realty President Mary Tennant updated   attendees on the company’s charitable 501(c)(3) entity, KW Cares, which in   2012 awarded $2.7 million in grants to associates and their families in need.

 

And finally, Keller Williams Worldwide President Chris   Heller announced plans to expand into two new regions: (1) Germany, Austria,   and Switzerland; and (2) Turkey. The company previously announced global   franchise agreements in Vietnam, Indonesia, and Southern Africa. Heller also   extended a big welcome to more than 70 international guests who were visiting   from 18 countries.

 

“One of the keys to Keller Williams Realty’s   phenomenal success has been our ability to grow organically – from agent to   agent, from market center to market center, from country to country – earning   our reputation one person at a time,” Heller said.

 

Willis’ presentation was followed   by a 30th anniversary party. The No. 1 announcement and celebration capped a   remarkable year for the Austin, TX-based company:

  •   J.D.   Power and Associates ranked Keller Williams “Highest in Customer   Satisfaction” among both home buyers and home sellers.*
  •   Keller   Williams was ranked No. 9 on America’s Top 150 Workplaces – the only national   real estate company on the list.
  •   And   in April, Keller Williams co-founder and bestselling author Gary Keller will   publish his latest book, The ONE Thing: The Surprisingly Simple Truth   Behind Extraordinary Results.

 

Willis thanked associates and   implored them to “Never back down” from their new position as the   largest real estate company in the United States: “Let’s celebrate   tonight, but watch out, competition. Tomorrow we’re going to be working harder   than we’ve ever worked before. The real prize we’re pursuing is to be #1 in   agent count and transactions and volume all across the world!”

 

#   # #

*Disclaimer: Keller Williams   received the highest numerical score among full service real estate firms for   home buyers and home sellers in the proprietary J.D. Power and Associates   2012 Home Buyer/Seller StudySM. Study based on 2,994 total evaluations   measuring five firms and measures opinions of individuals who bought or sold   a home between March 2011 and April 2012. Proprietary study results are based   on experiences and perceptions of consumers surveyed March-May 2012. Your   experiences may vary. Visit jdpower.com

 

About Keller   Williams Realty, Inc.:
Keller Williams Realty Inc. is the   largest real estate franchise company in the United States, with   approximately 700 offices and 80,000 associates around the world. The company   has grown exponentially since the opening of the first Keller Williams Realty   office in 1983, and continues to cultivate an agent-centric, education-based,   technology-driven culture that rewards associates as stakeholders. The   company also provides specialized agents in luxury homes and commercial real   estate properties. For more information or to search for homes for sale visit   Keller Williams Realty online at (www.kw.com). For more information about   KWWorldwide, please visit (www.kwworldwide.com).  

Download printable version

For more information:

Rick   Bosley
321-227-5791