Hi folks. This post is about finding your MoJo. As most of you know, Poinciana FL has one of the highest foreclosure rates in the country. I heard it could be as high as 1 in 7 homes. That's about 15%. So needless to say it has been a very difficult year for selling real estate, thus far. BUT......I'm starting to get my MoJo back!!! 

About 3 months ago I decided I needed to quit my whining about the market and make changes in my business. Based on what was happening in the market I had 3 areas that I needed to concentrate on:

1. Picking up some REO(bank owned properties) listings.

2. Working short sale listings.

3. Expanding my Investor base and increasing Buyer activity. 

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Hi folks, today, I'm writing to pick your collective brains a little. With the huge amounts of distressed property owners in this current real estate environment "new" business opportunity seems to have been born, The Short Sale Negotiator. 

If you are like me, I'm sure you get numerous emails, from these companies, offering to assist you with short sale negotiations. They go something like this: 

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Are you facing foreclosure? If so, you need to be proactive because it will not just go away. Please remember that having a financial hardship does not make you a bad person. It happens to all of us. As a Real Estate Broker, in Poinciana, I talk to folks every day who are having difficulties. If you are struggling please feel free to give me a call. I'd be happy to meet with you to go over your options and of course, our conversation will be kept confidential. I'm here to help if I can.

.....that's what my seller asked me today. I had set an appointment to meet with my Sellers because they had just been served the "20 days to respond" foreclosure "thingie". We knew it was coming since they hadn't made mortgage payments in a long time. 

The reason for my appointment was to go over their options, discuss lowering the price and possibly attempt to get a short sale. I like these sellers a lot and have been trying to sell their property since January. We've actually had lots of showings and received, what I thought was a very good offer, within 30 days of placing the property on the market. But alas....one of the spouses was not in agreement and the buyer walked and bought another house. 

The property is now priced very near to being in a short sale situation, so, with the foreclosure looming, it is time to lower it on down and try to get a short sale approved. 

BUT......about a month ago, my Seller had to go to the emergency room, for the second time in about a month, due to stress related to this situation. They are elderly folks and their credit is already shot. After talking a bit today I started feeling that going through a short sale would be too much stress for them.  

After I had delivered my spiel, the Seller looked at me and asked, "Do you believe in miracles". Then he proceeded to tell me how they had decided to raise the price on the property by $40,000 and pray for a miracle!! Holy moly!!!!

My Seller has been praying about this and has been inspired to raise the price and hope for a miracle. They are fully aware of the fact that they may be losing their house. They are also not willing to go through the short sale process and, in my opinion, shouldn't. 

Fortunately, at my suggestion, they had moved out of the house a couple of weeks ago and into a rental. They needed to do this to at least ensure they had a place to live if the house didn't sell in time. 

So.....as a Broker, my options are: 

• Tell them there isn't a chance in heck of their house selling for 15% more than it's listed right now and walk away from the listing.

• Try to convince them that they are being foolish and that a "miracle" will not get their house sold.  

• Agree to raise the price and pray for a miracle.

Sometimes we just need a miracle. 

Large 3 bedroom and an oversize cul-de-sac lot. No rear neighbors. Ceramic tile flooring in kitchen and dining room. Solar tinted windows. Very spacious floor plan. Needs carpeting. Folks this is an opportunity to own a large well priced home without waiting on a short sale approval. Sits at the end of a cul-de-sac on an over sized lot with no rear neighbors. Formal living and dining rooms. Family room off the eat in kitchen. Master bath has garden tub and separate shower. Solar tinted windows. It's waiting on you so act today!

Hi folks. Are you looking for a deal on a pool home in Poinciana? Check this one out. Poinciana Short Sale Pool home.

Hi folks. I was on the phone early today speaking with a Legal Process Server, you know, the people that serve foreclosure papers. This server, Tammy, was talking to me about her job and how busy she has been, swamped, was the word she used. According to her she has been spending most of her days delivering papers in Poinciana and Davenport FL. 

Poinciana, of course, is my market area and Davenport is an area near Disney World that is predominately short term rental vacation homes. This market has also been hit real hard. With the declining economy, folks are just not spending money on vacation and the owners of these properties, mostly from the UK, are not generating enough income to pay the mortgages.

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Hi folks. Tutas Towne Realty is now hiring. That's right....we are looking for experienced REALTORS® who are ready for a change. Are you? If you are this is what we are looking for: 

• Full time and experienced REALTORS(R).

• Internet savvy. Computer, email, cell phone and fax capabilities are a must.

• Member of the Mid-Florida Regional MLS.

• Able to work from a virtual office.

• Strong communication skills.

• Thorough understanding of real estate laws and our REALTOR® CoE.

• Open to positive critiques.

• Strong lead generation skills.

• A sense of humor!!! 

If you can bring these attributes to the table I will provide you: 

• Direct Broker access Mon-Sat 8am to 8pm.

• Company website with personal blog.

• Individual advanced training and coaching as needed.

• Free E&O Insurance.

• Free company branded video tours. 

My job as your Broker will be to help you succeed in any way I can. I will use my 14 years of experience and knowledge to help you become the best REALTOR® you can be. All I ask, from you, is a sincere desire to help folks with their real estate needs and complete honesty and ethics in all of your dealings. 

If this opportunity interest you, you can call me direct at 407-873-2747 or pop me an email at brokerbryant@gmail.com. Let's talk. Any questions?

COME ON DOWN TO TUTAS TOWNE!!!

Hi folks. Today is the big day!! This is the official launch of my new social network BBsWorld.com. This social network is open to all and is all about ME, ME, ME, ME!! OK....just kidding. While that does sound like an excellent theme for a social network it'll have to wait for another time.  

Today I'm launching a social network at http://poincianapeeps.ning.com. And fortunately, it's NOT about me. It's about Poinciana. This social site is being provided free of charge as my gift to you.....my Poinciana Peeps(friends).  

Poinciana Peeps is a place where residents and friends of Poinciana can go to share their thoughts, ideas, news, videos, music or anything that may interest Poinciana Peeps. 

I'm hoping that with time this will be the go to spot for everything Poinciana.  

So....take a minute and click on the link below and come join us at Poinciana Peeps!!!

POINCIANA PEEPS COMMUNITY SOCIAL NETWORK

OK....this one should be fun!! This post is to explore current market conditions in Poinciana FL. Also, this is my opinion of what's happening in the Poinciana FL market and where I think it's heading. 

First let's get into some cold hard data.
All of this data was pulled from the Mid-Florida Regional Multiple Listing Service (MFRMLS) on 5-20-2008. It is deemed reliable but is certainly not exact. The data is for Poinciana neighborhoods and does not include Solivita, Crescent Lakes, Cypress Woods or Lake Marion Golf resort.

• Today, there are 1,170 properties for sale(active). The average property being a 3 bedroom 2 bath home built in 2004 with 1,777 sq ft living area priced at $165.051 or $95.72 per sq ft. 

• There are 144 properties under contract(pending). The average property is a 4 bedroom 2 bath home built in 2004 or later with 1,914 sq ft of living area priced at $134,721 or $71.94 per sq ft. 

• There have been 131 sales this year. The average property sold was a 3 bedroom 2 bath house built in 2004 or later with 1,791 sq ft living area and sold for $136,000 or $78.43 per sq ft. 

OK, the first thing I notice is price per sq ft. The active listings are at $95.72. The sold listing were at $78.43 and the pendings are at $71.94. What does this show you? It shows that properties on the market today are over priced on an average by $17 a sq ft or 1,791 sq ft X $17= $30,447. 

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