We Know Nona

Thinking of Selling? 5 Reasons You Shouldn’t For Sale By Owner

Here are some great tips about selling by owner.  We are bias obviously but there are real issues to look out for when trying to sell your home.  They can cost you.

In today’s market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.

Here are five reasons:

1. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house.
  • The appraiser if there is a question of value

 2. Exposure to Prospective Purchasers

Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

3. Results Come from the Internet

Where do buyers find the home they actually purchased?

  • 43% on the internet
  • 9% from a yard sign
  • 1% from newspaper

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

4. FSBOing has Become More and More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 9% over the last 20+ years.

5. You Net More Money when Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $208,000 while the typical house sold by an agent sells for $235,000. This doesn’t mean that an agent can get $27,000 more for your home as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.

Source: Article Source


Lake Nona Medical City

Lake Nona Medical City

Lake Nona Medical City is a 650-acre health and life sciences park in Orlando, Florida, United States. It is located near Orlando International Airport and within the master-planned community of Lake Nona. The city is home to the University of Central Florida’s Health Sciences Campus, which includes the university’s College of Medicine and Burnett School of Biomedical Sciences. In the future, the campus will also house UCF’s College of Nursing, College of Dental Medicine, and a teaching hospital.

The medical city also includes the Sanford-Burnham Medical Research Institute, Nemours Children’s Hospital, a University of Florida Academic and Research Center, and Valencia College at Lake Nona. In addition, a Veterans Affairs Medical Center began seeing clinical patients from February, 2015.

The concept of the medical city began in October 2005 when the Tavistock Group donated $12.5 million and 50 acres of land to the University of Central Florida to help establish a medical school.  In March 2006, the Florida Board of Governors voted to approve UCF’s proposal to build a medical college at Lake Nona, and the school greeted its first students in Fall 2009. In 2012, UCF purchased an additional 25 acres of land at Lake Nona to construct a teaching hospital.

The medical city is surrounded by education facilities, five million square feet of commercial and retail space, and a mix of residential options. Upon completion of construction of the various projects, UCF’s Health Science Campus will accommodate as many as 5,000 upper division, professional, and graduate students and faculty members in the health-related programs, and include up to two million square feet of research and instruction space. It is estimated that the medical city will create up to 30,000 jobs and have a $7.6 billion impact on the economy over the next decade.

Lake Nona is a 7,000-acre master-planned community. Forty percent of the community has been reserved for open green space and lakes. Lake Nona’s amenities include a planned 334-acre city park, 44 miles of planned trails, a number of community parks and 1,000-acre of lakes and waterways.

Article Source: Wikipedia

Lake Nona Tavern Nona Blue

Nona Blue

Hospitality, superior service and the highest level of food quality define Nona Blue. Choose from unique light fare, one-of-a-kind Handwiches or “Nona Blue Plate Specials.” Steaks, chops Nona Blue Tavernand fresh fish beckon from the hardwood grill, while “Sweet Endings” please the palate beyond expectation.

Relax in comfort as Nona Blue’s Bar Chefs prepare the freshest seasonal cocktails. An extensive wine list, 16 craft beers on tap and a selection of regional single malt whiskies provide an unforgettable evening. Enjoy the sights and scents of our display kitchen from the indoor bar, or bask in a warm Florida evening at the outdoor patio bar.

Enjoy the modern tavern concept as never before at Nona Blue. Leave the day behind amidst exposed brickwork and rich, dark mahogany. Inside this warm, and inviting atmosphere lies a dining and drinking experience hand-crafted by the master team at Nona Blue.

Nona Blue Location:

9685 Lake Nona Village Pl, Orlando, FL 32827
(407) 313-0027

See Nona Blue Reviews on Yelp

See Nona Blue Reviews on Zomato



Laureate Park

Laureate Park is a new and up-and-coming community with lots of amenities and community events. To keep up with any upcoming events in Lake Nona, just follow the Nona Facebook page.

At the center of Laureate Park is the Village Center, with an Aquatic Center, lakeside restaurant and cafe, and a fitness facility.   The resort-style Aquatic Center has already opened.  The Aquatic Center features two large pools, lounging areas and a sand volleyball court.  A ‘Family Pool’ is home to a zero-entry pool, deck jets, water cannons and a 25 foot tall dumping bucket.  The adult ‘Quiet Pool’ features private cabanas, free form pool areas and 4 Jr. Olympic lap lanes.

Laureate Park is home to the following builders:

– Ashton Woods Homes

– David Weekley Homes

– Minto Communities

– Taylor Morrison Homes