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Home Seller Checklist

If you’ve been thinking about selling your home, now’s the time. Low interest rates and increased time spent at home have created a large pool of buyers looking for homes. However, that doesn’t mean you shouldn’t still put your best foot forward. Before your home goes on the market, make sure you’ve crossed off these preliminary steps.

Declutter

Limiting the amount of clothes, furnishings, and other “stuff” in the house will help buyers envision their own items in the house as well as make your home appear more spacious.

Landscape

If your lawn is a little sparse or the bushes a bit overgrown, now is the time to fix it. Landscaping takes time, so get started a few months before you’re ready to list.

Make Repairs

If you have a loose banister in the stairwell, uncovered sockets, or a light switch that doesn’t work, go ahead and bring someone in to repair those items. Buyers may see small cosmetic problems or items in need of repair and assume there are problems they aren’t seeing. Make sure your home looks and functions well to attract the most buyers and the highest price possible.

Whatever 2021 has in store for you, whether it’s buying, selling, or sprucing up your current home, I’m here to help!

TAX TIME! QUALIFIED BUSINESS INCOME DEDUCTION EXAMPLES

Confused about how real estate professionals are impacted by the Qualified Business Income Deduction of Section 199A? Here’s a few examples.
Example 1: Amy Agent is a single Realtor® who operates as a sole proprietor and independent contractor. She received $100,000 in net commission income in 2018. She has no capital gains or losses. After claiming deductions not related to her business, including the standard deduction, Amy’s total taxable income for 2018 is $81,000. Her qualified business income (QBI) is $100,000, which is her gross commissions less her business deductions. Amy’s section 199A deduction for 2018 is equal to $16,200, which is the lesser of 20% of her QBI from her business as a real estate agent ($100,000 x 20% = $20,000) and 20% of Amy’s total taxable income for the year ($81,000 x 20% = $16,200). Read more

Floral-Love-Facebook-Cover-Jayesh Khatri 407-592-3309

10 Ways to Celebrate Valentine’s Day in Central Florida

Fairs and festivals always have a perfect “date-night” vibe to me. Maybe it’s the lights and the laughter … and the smell of fried goodies. Luckily, here in Central Florida, we have lots of options for a festive Valentine’s events. Here are a few ideas we love: Read more

Orlando Housing Market Snapshot – May 2016

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Median Price

*The median price of all existing homes combined sold in May 2016 — $203,000 — is a 12.15 percent increase from the $181,000 median price recorded in May 2015, and a 5.73 percent increase compared to April 2016.

*The median price for “normal” existing homes sold in May is $214,000, an increase of 7.00 percent from the median price of “normal” existing homes in May 2015. Read more

Orlando Housing Market-November 2016

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Orlando Housing Market-November 2016  Median Price

*The median price of all existing homes combined sold in November 2016 — $200,000 — is an 8.70 percent increase from the $184,000 median price recorded in November 2015, and is 2.44 percent below the October 2016 median price of $205,000.

*The median price for “normal” existing homes sold in November is $210,000, an increase of 5.00 percent from the median price of “normal” existing homes in November 2015. Read more

Orlando Housing Market Snap Shot-October 2016

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Median Price

*The median price of all existing homes combined sold in October 2016 — $205,000 — is a 13.95 percent increase from the $179,900 median price recorded in October 2015, and was unchanged from the September 2016 median price of $205,000. Read more

Orlando Housing Market Snapshot – August 2016

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Median Price

*The median price of all existing homes combined sold in July 2016 — $205,383 — is a 12.04 percent increase from the $183,310 median price recorded in July 2015, and a 0.78 percent decrease compared to June 2016.

*The median price for “normal” existing homes sold in July is $217,000, an increase of 6.90 percent from the median price of “normal” existing homes in July 2015. Read more

Orlando Housing Market Snapshot-September 2016

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Orlando home sales jump 7 percent; median price rises 14 percent as inventory continues downward slide

Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred amid yet another double-digit decrease in inventory, which continues to contribute to the area’s sustained rise in median price. Read more

Orlando Housing Market Snapshot – June 2016

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Median Price

*The median price of all existing homes combined sold in June 2016 — $207,000 — is a 15.00 percent increase from the $180,000 median price recorded in June 2015, and a 1.97 percent increase compared to May 2016.

*The median price for “normal” existing homes sold in June is $215,000, an increase of 4.88 percent from the median price of “normal” existing homes in June 2015. Read more

Disney sells more Flamingo Crossings land

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Disney-owned land just west of Walt Disney World at the growing Flamingo Crossings development has a new owner.

Orlando Hotel Groups LLC, a Pembroke Pines-based company doing business as Orlando Gateway Hotel Group LLC, purchased more than 7 acres of a larger 158-acres parcel of land from Flamingo Crossings LLC, an entity related to The Walt Disney Co., said county records. The sale price on the transaction was $9.95 million, based on deed taxes to the county. Read more