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Kissimmee, Florida, has for many years been the hub of the Walt Disney World area vacation home business. In and around Kissimmee, and the neighboring cities of Davenport, Haines City and Clermont, you will find upwards of 18,000 homes that are used solely as short term rental homes. Each home is licensed by the county for short term use, and most are owned as investment properties by absentee owners - many based overseas.

Business Brokerage But now the Kissimmee Real Estate market is starting to see a major change of direction. Owners of vacation homes are feeling the pinch, as it becomes more and more difficult to fill bookings calendars in the face of increasing competition from new STR licensed homes. Rental rates are down, and occupancy rates are falling, too. The solution for many owners is to put their home on the market and to take the profit resulting from rising house prices in the area, which have increased by more than 50%. But this presents a problem. If the investment value of an STR home is conspicuously decreasing, who will buy?

Additionally, Glen is the broker owner of The Real Estate Office Co., a 10 year old active real estate brokerage business specializing in the disposition of REO properties across South Florida. Glen is a licensed mortgage broker (Florida), registered real estate appraiser, national consultant for REO disposition, licensed real estate broker (Florida). Glen has over 17 years of experience in banking, real estate investing and real estate management and sales.

Forex Broker The answer lies in another major trend in Central Florida's housing market - the increasing demand for residential properties. It is predicted that the area, and in particular Osceola County, will require 35,000 additional homes each year for several years to meet the demand for homes for the thousands of new residents that are flooding into Central Florida every week. In a classic 'swings and roundabouts' situation, the fallout from the short term vacation rental market will be taken up by the demand for more residential properties.

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Online Brokerage This will only work for a particular seller, though, if he is aware of the need to promote his home outside the STR market. Too many sellers are still thinking 'inside the box', and listing their home as a vacation property, emphasising, for example, that it is fully furnished and equipped for rentals, and that there are advance bookings in place. This doesn't help bring it to the attention of a buyer who is looking for somewhere to live, as he probably already has a home-ful of furniture and doesn't want to accommodate vacation renters after closing.

Glen is a licensed mortgage broker (Florida), registered real estate appraiser, national consultant for REO disposition, and licensed real estate broker (Florida). He has more than 17 years of experience in banking, real estate investing and real estate management and sales.

Real Estate Broker At Hightower Realty we encourage sellers of homes that are currently in the short term rental market to think about the broader market that is available to them now, to be prepared to be flexible in whether they sell the home furnished or strip it out first, and to consider re-housing any advance rental bookings that they have in place. Then everyone wins - the seller has immediately doubled the market potential for his home, and buyers have a clearer view of what would be a good property for them if it didn't come with unwanted 'baggage'.

Real estate agents and brokers held about 347, 000 jobs in 1998. Many worked part time, combining their real estate activities with other careers. employed. Real estate is sold in all areas, but employment is concentrated in large urban areas and in smaller, but rapidly growing communities. Most real estate firms are relatively small; indeed, person business. Some large real estate firms have several hundred agents operating out of many branch offices. Many brokers have franchise agreements with national or regional real estate organizations. Under this type of arrangement, the broker pays a fee in exchange for the privilege of using the more widely known name of the parent organization. Although franchised brokers often receive help training salespeople and running their offices, they bear the ultimate responsibility for the success or failure of their firm.

Agency Brokerage Spark Denis Le Marchant-Smith is the owner/broker of Kissimmee real estate company Hightower Realty. A member of the National Association of Realtors, Denis has been actively involved in the short term vacation rental market in Central Florida for several years. Hightower Realty's website is at http://www.hightower-realty.comDenis Le Marchant-Smith is the owner/broker of Kissimmee real estate company Hightower Realty. A member of the National Association of Realtors, Denis has been actively involved in the short term vacation rental market in Central Florida for several years. Hightower Realty's website is at http://www.hightower-realty.com

The purchase or sale of a home or investment property is not only one of the most important financial events in peoples' lives, but also one of the most complex transactions. As a result, people usually seek the help of real estate agents and brokers when buying or selling real estate. Real estate agents and brokers have a thorough knowledge of the real estate market in their community. They know which neighborhoods will best fit clients' needs and budgets. They are familiar with local zoning and tax laws, and know where to obtain financing. Agents and brokers also act as an intermediary in price negotiations between buyers and sellers. Real estate agents are usually independent sales workers who provide their services to a licensed broker on a contract basis. In return, the broker pays the agent a portion of the commission earned from the agent's sale of the property.

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