Orlando, FL, June 27, 2013 --(PR.com
)-- Francisco Orchilles, founder of the Orchilles Realty Group with Keller Williams Classic Realty, helped the first time buyers find a house for sale in the 32835 zipcode. The property is a 3 bedroom/ 2 bathroom home and the transaction closed within 45 days of a contract being accepted.
The Orlando home was for sale for about 40 days before Orchilles showed it to his clients. The 32835 real estate market was experiencing an uptick in prices like most of the Orlando real estate market. The Orlando home was originally listed for $169,000 when the Orchilles Realty Group first showed it to his clients. Since Francisco Orchilles knew that a home that had been on the market for 40 days without going under contract was a sign of an overpriced listing, he recommended that his clients offer something closer to the market value. They ended up buying the Orlando home for $132,000 with the help of Francisco Orchilles’ strong negotiation skills and correct analysis of the market conditions in the neighborhood.
Francisco Orchilles says, “Home prices went up about 19% in Orange County, FL in 2012. Most homes that are priced at market value go under contract within 2 weeks of being listed. This is due to the high demand for properties that exists in the Orlando real estate market because of historically low interest rates. If a home is not sold within 30 days, it is overpriced and won’t sell unless there is a dramatic price reduction or a low offer comes in.”
Francisco Orchilles has successfully closed $3.8 million in real estate sales since he joined Keller Williams Classic Realty in April 2012. In 2013, he formed the Orchilles Realty Group in order to provide his clients with the excellent service they had come to expect. Using his knowledge of the real estate market and strong negotiation skills, Orchilles has helped over 30 families buy or sell their homes.
This press release was originally posted on www.orlandohouseprices.com
Francisco Orchilles, Realtor | First Time Buyer Specialist | The Orchilles Realty Group | Keller Williams Classic Realty | orlandorealtylist.com | orlandohouseprices.com