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Central Florida First Time Home Sellers: Why it is a great time to sell your first house in Orlando

By Francisco Orchilles

Real Estate Agent with Keller Williams Classic Realty

February 08, 2013 05:57 AM

Selling your first home in a real estate market like Orlando, FL is a concept that has kept many Central Florida home owners at bay for the past 5 years. It is now 2013 and the days of begging home sellers are long gone. The real estate market in Orlando has stabilized, and has become a seller's market, something that has been non existent to anyone trying to sell a home in Orlando for half of the past decade. Home owner's selling their property today can expect multiple offers, a quick sale, and equity in their homes if priced correctly. Anyone selling their home in Orlando can barely get their home listed on the MLS, before it is snatched up by an impatient buyer.

Average Days on the Market 2008-2012

If you bought a home in Orlando and tried to sell your first home in 2007-2010, you probably had such a negative experience that you vowed to live your current home until....well you know when! Buyers were scarce and they had their pick of thousands upon thousands of homes for sale. When they would make an offer, it would not even be close to the asking price because they knew that if the first seller was not desperate enough, some other home owner would be!

Active Listings 2008-2012

Times have changed and the exact opposite is true for home owners in 2013. The real estate market in Orlando has come around full circle. If you were hesitant about selling your home before, especially if it is the first house you have tried to sell, fear no longer! There is a serious shortage of homes available for sale in the Orlando real estate market, and too many buyers trying to take advantage of the cheap interest rates. Once interest rates start to rise again, the market should return to a balanced market as prices level out and more home sellers decide to list their homes. In the meantime, its a great time to be a first time home seller in Orlando!

If you are a first time home seller in Orlando and are curious to see what your property will sell for, click FIRST TIME HOME SELLER and Francisco will help you decide if the time is right for you!

See the original article in Frank's Home Selling Blog!

About Francisco Orchilles

Francisco Orchilles is a Realtor® who specializes in Orlando Short Sales with Keller Williams Classic Realty in Orlando, FL. Ask Frank a real estate question. You can also find Frank on Trulia and Zillow!