Premium Partners Magazine March-April 2022

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• PREMIUMORLANDOPROPERTIES.COM • BREVARDPREMIUMPROPERTIES.COM

LUXURY HOMES PG. 18-19

CHECK OUT THIS BEAUTIFUL ORLANDO HOME! 14575 JAMAICA DOGWOOD DR | PG. 19

Pre miu mPro p er t i e s . co m | 40 7 . 3 8 0 . 2 8 0 0

SEE PAGE 12 FOR EAST COAST PROPERTIES! BREVARDPREMIUMPROPERTIES.COM


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PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com


TABLE OF CONTENTS HOME WARRANTY

A/C SERVICE AND REPAIR U.S.H.A.C Sunshine Air & Plumbing

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LAWN CARE

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LEGAL SERVICES

All About Hosting Open Houses to Sell your Home

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MORTGAGE LENDER

From Renter to Homeowner - Checklist of Expenses

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All about the Continued Housing Shortage in 2022

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Key Trends going on in the Real Estate Market

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2-10 Home Warranty

APPLIANCE REPAIR

In & Out Professional Services

Dryer Vent ARTICLES

Law Offices of Barry L. Miller

COMMERCIAL & RESIDENTIAL CLEANING Solid Rock Cleaning Company

Citizen’s Bank CJPainting123

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Sterling Pest Control PLUMBING

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Rescore Your Life

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ELECTRICAL CONTRACTOR Apollo Electrical Services

Associated Piping Services REAL ESTATE SERVICES

GARAGE DOOR SERVICES AA Same Day Garage Door Services Inc.

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East Coast Properties

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Luxury Listings

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Rental Homes and Condos

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Ready 2 Inspect LLC

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Elite Home Inspections

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HOME RESTORATION Anys Home Restoration

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ROOFING Compass Roofing Services

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BAA Inspections

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Homes For Sale

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HOME INSPECTIONS

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Commercial & Land

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FLOORING Sanford Carpet & Flooring

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PAINTING SERVICES PEST CONTROL

CREDIT REPAIR SERVICES

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SOLAR

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Brite Ray Solar

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TITLE COMPANY The Closing Agent

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HOME STAGING Systematic Home Staging

-Network with Associates & Clients -Network with Existing Members -Access to our Off ice Locations -Present at Company Meetings

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-Various Membership Levels -Color Magazine Ad -Strategic Retail Distribution -Internet Advertising

For more information, contact Tony Legakis, 321-594-0070, Premium Partners Recruiting or contact Adriana Nelson, Designer and Editor of Premium Properties Magazine Information contained herein deemed reliable, however not warranted or guaranteed. Equal housing opportunity. Member FAR.

PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com

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MADE READY TO TURN DREAMS INTO HOMES Citizens offers competitive interest rates, prequalifications and a variety of mortgage products.

Ed Powell NMLS ID #1451724 Mortgage Sales Manager 828-736-6190 ed.powell@citizensbank.com lo.citizensbank.com/epowell

Mortgages are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960). All loans are subject to approval. Equal Housing Lender. 1509050_HL21_EdPowell_LOAd

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PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com


PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com

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CHAD BORDNER, CPI

Zurkel provides you with a smart set of tools to showcase your business and connect to your Central Florida community.

Check it out at Zurkel.com

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PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com


ALL ABOUT HOSTING OPEN HOUSES TO SELL YOUR HOME

An open house is a scheduled time in which potential buyers can go in and view a house for sale. This is very popular in real estate and although selling homes has become more digital , there is still alot of value in open houses, especially for the people that need to see it in person before making any purchasing decisions. For more info on open houses and how they can help you sell your home faster and for more, keep on reading.

BENEFITS OF AN OPEN HOUSE There are many benefits to hosting an open house. For one, it will increase visibility of your property. People can be unaware of your home until they follow that open house sign straight to your property (and hopefully fall in love with it.) The more people aware of your property, the higher the chance of you finding the right buyer. Another benefit is getting the opportunity to show off the amazing advantages of your home to potential buyers. Allow your real estate agent to show them why your home is more amazing than the one on sale down the street and inform your real estate agent about any upgrades you’ve done so that they can properly communicate to potential buyers why it would make a great home for them.

CLEAN YOUR HOUSE AND CONSIDER STAGING IT You want to be prepared to put your house’s best foot forward before you open up your house to potential buyers, so make sure to clean your home, and we mean really clean it. Make sure it sparkles, because nothing screams bad impression more than a dirty home. If you yourself aren’t the best at deep cleaning your home, talk to your realtor and get someone hired to clean your home for you. Another thing you may want to consult your realtor about before even getting to the open house stage is how they plan on marketing your home when they do open houses. Are they going to get a stager? Do they believe it is worth investing in for your home? A well staged home can encourage your home to sell for more because when buyers go in and see the amazing layout, they may be inclined to go over asking to beat out the competition. You want people to be able to envision themselves there, and these two things will help exponentially to help them do just that.

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GET FEEDBACK ABOUT YOUR HOME Let’s say your home is new to the market and you’ve lived in that home for the past 10 years. The real estate market changes constantly and what buyers like and look for now, is different. When you host an open house, you get vital feedback into this, and it will give you insight on what they don’t like about your home, and maybe some of those things are things you can change to adjust to the buyer you want to attract.

GREAT CONVENIENCE People use the internet to conduct a good amount of their home search, but nothing beats seeing it in person, and having the opportunity to quickly see a potential home in your area (or the area you want to be in). Open houses encourages anyone that is thinking about buying a home to stop by, and getting to peek in on a house on the weekends when they are off. So, if you haven’t already, seriously consider doing a open house to sell your property! Talk to your real estate agent so that they can take the reins on it and get your home sold quicker! Need some official home services? We encourage you to look at zurkel.com that offers local services rated the best in all of Florida! Any questions? Please feel free to reach out to us: Premium Properties Real Estate Services 564 N Semoran Blvd Orlando, FL 32807 Interested in buying, selling or renting? We are here to help! Call us (407) 380-2800 or visit PremiumProperties.com

- Adriana Nelson

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CHECK OUT OUR CENTRAL FLORIDA PROPERTIES

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SCAN ME

725 S RUSHING AVE

167 WINCHESTER LN

856 N ATMORE CIR

Check out our listings at: PremiumOrlandoProperties.com Also, check out our main company site: PremiumProperties.com 10


John McLaughlin 2553 Park Drive Sanford - Florida - 32746 Cell: (407) 446-2133 Store: (407) 322-3241 John@SanfordCarpet.com www.SanfordCarpet.com

PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com

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CHECK OUT OUR EAST COAST PROPERTIES Check out our exclusive list of East Coast Properties on the market right now! BREVARDPREMIUMPROPERTIES.COM

Melbourne Beach 3830 South Highway A1A, Suite A5 Melbourne Beach, Fl 32951 (321-372-7046)

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333 W OSCEOLA LN W

206 VELVETEEN PLACE PL

Cocoa Beach 5675 N. Atlantic Ave. Suite 102 Cocoa Beach, Fl 32931 (321-613-4650)

SCAN ME

357 S SENECA BLVD

PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com


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FROM RENTER TO HOMEOWNER CHECKLIST OF EXPENSES

So you finally got into your first home. Congratulations! Now, renting and owning a home are completely different ballgames. When it is yours, it carries more responsibility (a responsibility that is 100% worth it), so we want you to be aware of some of those extra expenses that come along with owning a home. Below is a checklist of things that you should look into.

HERE IS OUR CHECKLIST OF HOMEOWNER EXPENSES 1. Furnishing your home. I mean sure, you probably had to furnish your apartment too but this is a whole different experience. This is your permanent home and you may have more bedrooms and general spaces to furnish. Instead of going for the low quality, temporary furishings you may have gone to for your apartments, it is now ideal to have a more long-term mindset when decorating your home, and granted if you don’t have an HOA, your design choices arent restricted by a landlord or management. You can make it your own. 2. Maintenance. Instead of it calling your landlord when something needs repair or upkeep in the home, YOU are your landlord. Keep some money saved up for any unforeseen circumstances such as a sink needing to be repaired or anything else that may require a professional. 3. Insurance. Mortgage insurance is another thing to worry about. Granted, if you put down 20% or more on your house, it won’t be required but anything less and this will be an automatic expense to consider. 4. Property Tax: Now you have to pay a tax on the home that you own. Depending on where you live, this property tax will look different, so make sure to research this so that you go in knowing what to expect. 5. Down Payment & Closing Costs: Before you just had to worry about a deposit and application fee, but when you go for a home, you have a down payment and closing costs to pay to close on that deal. Granted, you could look into government assistance programs or consider talking to the seller to help out, but before going for that home, have money saved up, and set a budget so that you don’t go over and take on more than you can handle. We get it, these are alot of extra expenses and may be more expenses than you are willing to pay right now, but owning a home is a great accomplishment, and being able to collect equity off it or even use it as an investment and rent it out, can offset some of these costs, but if you have further questions about homeowning or you want to start the process of getting into one, go ahead and give us a call at 407-380-2800. We have so many amazing agents that have the local knowledge and expertise to get you into your next home, and make sure you are prepared for the things that come along with homeownership!

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A BETTER WAY TO SELL

REAL ESTATE Since 1999

RESIDENTIAL PROPERTY MANAGEMENT COMMERCIAL BUSINESS BROKERAGE

NO FEES NO FRANCHISE FEES We don't charge a fee to use our name for your success. We know people buy from people. NO MONTHLY FEES Use our technology, office, signs, agent support, and so much more!

OUR SERVICES PRINT MARKETING: Postcards, Flyers, Business Cards, Personal Marketing Material, and so much more!

TECHNOLOGY: Matterport,Video Marketing, Social Media, Virtual Tours, Virtual Staging, Photography

Education: We are focused on staying up-to-date with everything real estate. Our mentors provide assistance from start to finish for your first 3 sales.

WE ARE LOOKING TO GROW & WE NEED YOU! We have been in the business for more than 20 years, so we know what agents need from their brokerage. We want agents to have resources available to 15 use whenever they needPREMIUM it! PARTNERS . 407-380-2800 . PremiumProperties.com

CALL US: TONY LEGAKIS (321) 594-0070 564 N Semoran Blvd Orlando, Fl 32807


ALL ABOUT THE CONTINUED HOUSING SHORTAGE IN 2022

So many buyers, not enough houses. This has been the issue since 2020. From the very beginning of the pandemic when so many people took their houses off the market due to health concerns, to now rent rising at an exponential rate and so many renters wanting to buy their f irst home, we are in quite the home shortage crisis. Keep reading on to get an outlook on the housing market for 2022 and f ind out what you need to know if you plan on purchasing a home this year.

HOME PRICES ARE SURGING Here in Florida, we have seen the biggest rent increases in the country, and housing prices are no different. Real estate experts are now saying that these housing price increases are going to continue to go up in 2022. They will be similar trends to the ones that we saw in 2020 and 2021. With that being said, interest rates will also increase this year. In the past two years, we saw record low interest rates as low as 2.5%. Although this is a disadvantage, this could possibly offset the housing shortage. If rates go up, less people will buy homes in hopes that it will go down again and there will be less competition in the market. And even though we are all crossing our f ingers that it happens, home prices will not drop. Buyers having to deal with bidding wars on homes will continue to happen. Between the large demand and still low interest rates, the housing market is still in the seller’s favor (in other words, if you are thinking about selling your home, there is no better time to do so.)

YOUNG BUYERS WILL BE AT A DISADVANTAGE 37% of today’s buyers are millennials, and over 50% of them are f irst time homebuyers with new mortgages. So why are they at a disadvantage you ask? Well let’s break it down. Millennials today are between the ages of 25-40 years and the current average home price in Central Florida falls roughly at $310,000-330,000. Whereas for example the baby boomers (currently aged about 57-75 years) at the same age was about $100,000. Now although with inflation, we make more than they did back in the day, the income to housing prices ratio was not as drastic as it is today. House affordability is becoming a growing concern and will continue to be in 2022.

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BE PREPARED Knowing all this important information, if you are planning to buy a home, do your research f irst. At the end of the day, if your absolute goal is to purchase a home, you will make it happen. It isn’t impossible, it just may take a little bit longer, and there are assistance programs available. Plus, even rent is going up, so why not get into a home that you can call your own and build equity on? Now just remember to stick to your budget (don’t get overly competitive with the bidding wars), get a real estate agent that you can trust (we have amazing and experienced agents here at Premium Properties) and get ready to move into your new home!

-Adriana Nelson

PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com

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PREMIUM PROPERTIES LUXURY HOMES 634 HERMITS TRL, ALTAMONTE SPRINGS, FL 32701 4 Bedrm | 2/1 Bath | 2,561 Sq Ft O5993314 | $560,000

LAKEFRONT HOME IN THE HEART OF ALTAMONTE!! Beautifully remodeled house in a tranquil natural setting with newer roof, 2 year old water heater, 2 year old A/C with air purifier and Nest thermostat. Freshly painted, Elegant travertine and granite complement the house; great location, restaurants, mall, hospital just minutes away!

CSILLA TEKLER Direct: 321-945-2129 csilla6109@gmail.com

206 VELVETEEN PL, CHULUOTA, FL 32766 4 Bedrm | 2 Bath |2,256 SqFt O5991011 | $450,000

Beautiful home located in the central location of Chuluota, FL, near theme parks, shopping, restaurants, and an abundance of entertainment in the greater Orlando area! This 4/2 home with a split floor plan is perfect for families! The home boasts a large kitchen overseeing both the family room and a screened in porch!

KARINA ALFARO Direct: 305-775-7212 karinasalfaro@gmail.com

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PREMIUM PROPERTIES LUXURY HOMES 14575 JAMAICA DOGWOOD DR, ORLANDO, FL 32828

3 Bedrm | 2 Bath | 1,749 Sq Ft O5998534 | $450,000

This house sits on a beautiful corner lot nestled in the heart of Avalon Park. Backyard has amazing firepit. Living Room warm and inviting as you first walk in the front door. Master is magnificent with sweet bathroom that offers garden soaking tub and separate shower. Kitchen equipped with stainless steel appliances.

LORI LOVE & JULIE TIBAUD

Direct: 321-279-0752 agentloriann@gmail.com

3365 CREEK RUN LN, EUSTIS, FL 32736 4 Bedrm | 2/1 Bath |2,511 SqFt O5990556 | $475,000

Open floor plan with living/dining combo. Kitchen was upgraded to a chef’s gourmet kitchen with, 42- inch cabinets with crown molding, Single Basin undermount sink and upgraded appliances. Granite countertops throughout. All rooms have walk-in closets. This home has a 3-car garage and a lanai with a breaktaking view..

DARRYL ANGLIN

Direct: 407-982-6884 darrylsellshomes@gmail.com

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CHECK OUT OUR LAND & COMMERCIAL PROPERTIES

SCAN ME

Concord Rd.

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Westbrock Rd.

2039 N 6th St

Check out our listings at: PremiumOrlandoProperties.com Also, check out our Commercial Property Site: CommercialPropertyOrlando.com

SCAN ME

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PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com


KEY TRENDS GOING ON IN THE REAL ESTATE MARKET

In the past couple years, we have seen so many drastic changes not only in the economy, but also how we buy and sell homes. I mean sure, trends are ever changing and always happening, but the past 2 years have seen worldwide alterations in the way we live day to day, which has in turn, effected real estate. Continue reading to get a better understanding of all of the key real estate trends going on right now and what to expect in the next couple of years.

REAL ESTATE MARKETING IS MORE DIGITAL Between marketing tools such as Matterports (3D Tours), virtual staging (staging a photo instead of doing it in person), drones, real estate videography and more, we have seen a rise in using them to market homes. It has become very common for people to buy a home that they haven’t yet stepped into. This rise was fueled of course, by the pandemic and has continued to be on the rise since. Experts predict that this rise will continue into 2024. Because of this, mortgages and other paperwork has become more digital. Real estate professionals and their clients alike used this to maintain cleanliness amidst the pandemic and also to make the process go a little bit smoother, and with how quick homes sell right now, it helps keep up with the demand.

PEOPLE MOVING OUT OF CITIES AND INTO THE SUBURBS So many people are moving away from big cities such as New York and California, and are relocating to the suburbs. Due to the rising prices in literally everything, and remote work becoming more popular, people don’t need to live near the office anymore, so there has been an increase in people switching to the suburb life. The suburbs offer lower rent, lower taxes, and a more laidback lifestyle, which in this day in age, is what people are looking for. Experts predict that this shift won’t be permanent, and that there will be a climb in people moving back to the urban areas in a couple years. Suburb areas that offer a little bit of a “city feel” has seen the strongest growth in population.

MORTGAGE RATES ARE STILL LOW Back in 2020, we saw record low mortgage rates, meaning you would pay less over the life of the loan. With the real estate market seeing as low as 2.5% for mortgages, it helped fuel our current housing shortage because we saw a surge in homebuyers.

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Now, fast forward to the present, although it has raised a little bit, mortgage rates are still low, and experts predict that they will stay fairly low for the next couple of years.

POPULATION INCREASE IN THE SUNBELT Much like the suburbs, the sunbelt also saw major population growth. Sunbelt states are any states that are southeast or southwest of the country, so cities such as Alabama, the Carolinas, Florida, Georgia, etc. This growth has been widespread across different types of real estate, from single family residence to commercial and so much more with the top areas being Austin, TX and Tampa, FL. This area has contributed 75% of population growth for the whole country in the last 10 years. These areas became attractive because they offer lower taxes and more affordable housing. This growth definitely boosted the real estate markets in these areas as well!

DECLINE IN THE RENTAL PROPERTY MARKET Rent is rising exponentially. With the fact that renting is not owning and is also competitive like the housing market, it has decreased the rental property market. The fact that people are moving more to suburbs and out of cities is also the reason that the rental property market is declining. We are currently in the highest apartment vacancy since 2010, however this is good news for rental investors and people that want to do short term rentals. It is now easier to negotiate with landlords to use their property as an investment because they are looking to fill their properties and get some cashflow. With so many trends going on in real estate today, it is important to stay up to date with it to help you make the best decisions for your real estate needs. -Adriana Nelson

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PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com


CHECK OUT OUR RENTAL PROPERTIES

SCAN ME

6339 Jennifer Jean Dr.

We have a great list of not only From Downtown Orlando commercial properties, but also to Kissimmee tobuild Eustis, we have residential lots to your dream homes all over Central Florida! homes! Scan the QR Code below to see our most Check out the link below or up-to-date list of available rental scan the QR code! properties!

1630 Tench Ct

158 Burrell Cir

Check out our move-in ready rentals: PremiumRentalMgmt.com If you’re interested in renting your home through us, learn more about our services here: PremiumRentalMgmt.com/Property-Owners

PREMIUM PARTNERS . 407-380-2800 . PremiumProperties.com

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8 LOCATIONS SERVING CENTRAL FLORIDA AND THE SURROUNDING AREAS Main Off ice: 564 N. Semoran Blvd., Orlando, FL 32807 Lake Mary: 4227 W. Lake Mary Blvd., Lake Mary, FL 32746 Lake Nona: 10645 Narcoossee Rd., Orlando, FL 32832 Cocoa Beach: 5675 N. Atlantic Ave. # 102, Cocoa Beach, FL 32931 Melbourne Beach: 3830 South Highway A1A, Suite A5 Melbourne Beach, FL 32951 Seminole Towne Center: 200 Towne Center Cir, Sanford, FL 32771 Dr. Phillips: 7521 W Sand Lake Rd., Orlando FL 32819 Altamonte Mall: 451 E Altamonte Dr. Altamonte Springs, FL 32701

Prem iumPro pe r t i e s.co m | 4 07. 3 8 0. 2 8 00


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