PARKLAND LIBRARY PRESENTS Parkland Home Value Seminar A Bird’s Eye View
Register At: ParklandHomeSeminar.com Monday, March 16, 2015 at: 7:00 p.m. Parkland Library
6620 N. University Drive - Parkland, FL 33067
Learn More About Parkland Real Estate Ask The Experts! Introduction By Parkland Mayor Michael Udine
FEATURED SPEAKERS
Michael Citron
#6 RE/MAX Florida Agent & Parkland Resident Realtor
Michael Udine Parkland Mayor
Joseph Palopoli, Jr. Senior Loan Officer Supreme Lending
To Register For Our Event Visit: ParklandHomeSeminar.com Act Now. Seating Is Limited!
954-609-0591
Michael Citron
Stephanie Citron
MEET THE PARKLAND PARROT TEAM
The Parkland Parrot Real Estate Team is proud of our pioneering real estate achievements in The City Of Parkland as well as the rest of South Florida. Our team’s 25+ years of combined experience and knowledge of the local real estate market has resulted in record-breaking sales in Parkland and South Florida’s finest communities. The Parkland Parrot Real Estate Team was founded by Team Leader Michael Citron who wanted to provide the ultimate real estate experience for his clients. Michael and his team have received honors and awards including being one of the top real estate teams in all of Parkland and Western Broward County along with selling over 60 homes last year alone. Michael also was recognized as being the #6 Florida RE/MAX
individual Agent for 2014 and is currently the #1 RE/MAX ParkCreek Individual Agent.
Our team of real estate specialists takes the time to sit down with each and every client to determine exactly how to achieve their real estate needs. Our goal is to exceed our clients’ expectations by having them buy and sell with confidence! We work 24/7 for our clients and are always available to help throughout the entire buying and selling process. As a result, our team works with loyal and referral clients. After many years of selling the Parkland Lifestyle to hundreds of clients, our team has earned the respect as a trusted real estate brand in the local community.
www.ParklandParrot.com | 954.609.0591
MICHAEL CITRON After many years of working in the real estate business, Michael decided that it was time to provide the public with the ultimate Parkland and South Florida real estate experience. Michael was born in Philadelphia, Pennsylvania, but has called South Florida home for most of his life. Michael graduated from Nova Southeastern University with a Liberal Arts degree along with a Master’s degree in English Education. Michael enjoys mentoring his team and taking the time to personally maintain and manage the ParklandParrot.com website. He spends countless hours writing articles that are pertinent to the Parkland and the South Florida real estate markets. Michael is honored to achieve numerous real estate awards including being a top 1% Nationwide Realtor as well as the # 6 Florida RE/MAX agent for 2014. Michael is also proud to have received the RE/MAX Hall Of Fame award by grossing over 1 million dollars in real estate commissions in his career. Michael is a proud Parkland resident and currently lives in Parkland Isles where he enjoys volunteering, raising money for local charities including Parkland Buddy Sports, networking, and spending time with family and friends.
STEPHANIE CITRON Stephanie grew up in Parkland and Coral Springs and has been living here since she was 4 years old. She was a member of the second graduating class of Marjorie Stoneman Douglas High School and is a proud to be an Eagle! Stephanie graduated from the University of Central Florida, but eventually moved back to her home town. Stephanie previously managed subsidized housing for mentally ill individuals and Veterans. She then became a licensed CAM Manager and managed Homeowner and Condominium Associations throughout Broward & Miami-Dade County. Stephanie currently resides in Heron Bay with her husband and two children. Her two children both attend Heron Heights Elementary School. Stephanie’s knowledge in the housing industry for the last 11 years provides insight to homeowners that can only come with experience. As a local real estate expert, she uses her skills to provide today’s homeowners with the best guidance, knowledge and expertise they need to either sell or buy their dream home.
SHARON HORNFELD In 1998, Sharon entered the real estate industry as a seasoned Real Estate Closing Coordinator and Manager with 15+ years of experience with excellent customer service skills. Her belief system is one of honesty, integrity & a mindset of “Always Do The Right Thing” resulting in a “Win-Win” for all. Sharon handles all of the team’s transactions from contract to close. As a cancer survivor herself, Sharon actively participates in cancer and women in distress outreach programs. She also loves to cook, bake and help families in need. Sharon also enjoys music, swimming, nature walks, and reading.
PARKLAND SINGLE FAMILY HOME MARKET UPDATE
gle family
4th Quarter of 2014
3rd Quarter of 2014
2nd Quarter of 2014
1st Quarter of 2014
2013
2012
Average List Price
$639,000
$589,000
$666,000
$606,000
$589,000
$551,000
Average Sale Price
$611,000
$570,000
$634,000
$583,000
$562,000
$518,000
Average List Price Per Sq. Ft.
$185
$183
$186
$183
$171
$166
Average Sale Price Per Sq. Ft.
$177
$177
$178
$177
$164
$166
Total Properties Sold
118
120
135
78
483
437
Average Days On Market
73
67
74
73
77
96
AVERAGE SALE PRICE 650k 600k
400k 611,000
570,000
2013 (Year)
634,000
562,000
583,000
518,000 2012 (Year)
200k
0k
2014 2014 2014 2014 (1st Quarter) (2nd Quarter) (3rd Quarter) (4th Quarter)
SQUAWK TALK
There is exciting news to report! The Parkland single family real estate market has seen tremendous appreciation from 2012 through the end of 2014. In fact, the Parkland single family real estate market has appreciated by approximately 20% in ONLY 2 years. The Parkland real estate market has been on fire! nhome,Villa With the record sale increases in the past 2 years, we have also seen homes taking a longer time to sell, as more homes are coming on the market including pre-construction homes in Heron Bay, Parkland Golf & Country Club, Watercrest, MiraLago, and more to come. My expert analysis is that home prices will continue to grow with a healthy appreciation over the course of this year. TIME300k IS RUNNING OUT! If you are considering making a move, NOW is the PERFECT time to take advantage of these amazing increases in home values and buy your next home with a LOW mortgage interest rate. Time is of the essence! Don’t250k Rely On Price Estimates On Zillow Or Trulia For Your Home’s Value! Instead, Call Your Top, Local Parkland
AVERAGE SALE PRICE
Resident Real Estate Expert At: 954-609-0591 To Discuss The TRUE Value Of Your Home In More Detail. 200k 298,000
299,000
280,000
50k
266,000
100k
259,000
150k
216,000
If your home is currently listed with another broker or agent, please disregard my proactive marketing! All information has been provided by the South Florida MLS System. All information is believed to be accurate but is not warranted. RE/MAX ParkCreek
www.ParklandParrot.com | 954.609.0591
1,000
0,000
4,000
3,000
2,000
8,000
200k PARKLAND TOWNHOME, VILLA, & COACH HOME MARKET UPDATE 0k
2012
2013
2014 2014 2014 2014 2nd Quarter (2nd of 2014Quarter) 1st Quarter of 2014 2012 Quarter) (3rd Quarter) 2013 (4th Quarter)
4th Quarter of 2014 (Year)
3rd Quarter of 2014 (Year) (1st
Average List Price
$306,000
$308,000
$288,000
$277,000
$262,000
$214,000
Average Sale Price
$298,000
$299,000
$280,000
$266,000
$259,000
$216,000
Average List Price Per Sq. Ft.
$193
$191
$174
$176
$146
$130
Average Sale Price Per Sq. Ft.
$187
$182
$169
$168
$143
$130
Total Properties Sold
11
9
20
10
54
50
Average Days On Market
58
37
39
17
37
60
Townhome,Villa
AVERAGE SALE PRICE 300k 250k 200k 298,000
299,000
2013 (Year)
280,000
2012 (Year)
266,000
259,000
100k
216,000
150k
50k 0k
2014 2014 2014 2014 (1st Quarter) (2nd Quarter) (3rd Quarter) (4th Quarter)
SQUAWK TALK RECORD-SETTING PRICES! Home prices have set record increases from 2012 through the end of 2014. In fact, the Parkland Townhome, Villa, & Coach Home Market has appreciated by approximately 38% in ONLY 2 years. These record home value increases are a direct result of investor purchases and affordability for potential home buyers looking to call Parkland home. There is a lack of home inventory for townhomes, villas, and coach homes in the City of Parkland. My expert analysis is that home prices will continue to increase in 2015 due to a lack of inventory and affordability. TIME IS RUNNING OUT! If you are considering making a move, NOW is the PERFECT time to take advantage of these amazing increases in home values and buy your next home with a LOW mortgage interest rate. Time is of the essence! Don’t Rely On Price Estimates On Zillow Or Trulia For Your Home’s Value! Instead, Call Your Top, Local Parkland Resident Real Estate Expert At: 954-609-0591 To Discuss The TRUE Value Of Your Home In More Detail.
If your home is currently listed with another broker or agent, please disregard my proactive marketing! All information has been provided by the South Florida MLS System. All information is believed to be accurate but is not warranted. RE/MAX ParkCreek
www.ParklandParrot.com | 954.609.0591
WE SELL PARKLAND FOR TOP DOLLAR! Our Recent Sales OLD
OLD
WE S
WE S
Pine Tree Estates 5814 NW 62nd Terrace
OLD
Country Place 6021 NW 66th Place
OLD
WE S
WE S
Fox Ridge 10535 NW 65th Drive
OLD
Heron Bay-Banyan Isles 8266 NW 124th Terrace
OLD
OLD
WE S
Country Point Estates 610 NW 61st Street
OLD
WE S
Mayfair 6282 NW 78th Drive
OLD
OLD
WE S
Parkland Reserve 7531 NW 112 Terrace
OLD
WE S
Heron Bay-Heron Estates 12257 NW 69th Court
OLD
WE S
WE S
WE S
WE S
Heron Bay-Old Brooke 11884 NW 69th Place
Heron Bay-Sable Point 8082 NW 125th Terrace
Heron Bay- Somerset 12031 NW 82nd Street
Meadow Run 6422 NW 102nd Terrace
OLD
OLD
WE S
WE S
Heron Bay-Fairways 5613 NW 125th Avenue
Heron Bay-Osprey Lake 7952 NW 115th Way
OLD
OLD
WE S
WE S
Parkland Isles 6362 NW 108th Terrace
Parkland Isles 6390 NW 106th Terrace
OLD
WE S
Parkland Golf & Country Club 9417 Satinleaf Place
OLD
WE S
OLD
WE S
Parkland Golf & Country Club 10017 Mandarin Street
YOUR HOME COULD BE NEXT!
Parkland Isles 6662 NW 108th Place
www.ParklandParrot.com | 954.609.0591
OUR RECENT CLIENT TESTIMONIALS We had the most unbelievable experience selling our home with Michael and Stephanie of the Parkland Parrot Real Estate Team. We sold in under 1 week and had the most phenomenal service from day one until the closing date. We interviewed with several other Realtors that all told us to list our home for $70,000 to $100,000 less than what Michael and Stephanie ended up selling our home for.
Scott & Margot Lazar
Heron Bay – Waterford Estates 12587 NW 68th Drive
We just closed on our new house in Parkland Golf & Country Club, and it would not have happened without Stephanie and Michael’s help. They did an absolutely great job for us, and it worked out great. Citron Sells! Andy & Roberta Glaskow Parkland Golf & Country Club 8097 Emerald Avenue
We had a wonderful experience working with Michael. He really made the whole process of selling our house a lot easier. He also quickly sold our home. I would definitely recommend Michael, as he is a resident of Parkland Isles and knows the business inside and out and has a wonderful support staff. Austin & Barbara Craig Parkland Isles 11154 NW 65th Court
The experience was fantastic! Michael sold our house as quick as quick could be, and we could not be more pleased. Michael did a great job marketing our property, and we sold in 11 days. Thanks Michael! Terry & Kristin Micalizio Fox Ridge 10535 NW 65th Drive
When Michael says he will do something you can rest assured it will get done. Michael was highly responsive to us and made us feel like we were his highest priority. It was obvious throughout the whole process that Michael had our best interests in mind and made a stressful time more manageable. David & Janice Moran Parkland Isles 6390 NW 106th Terrace
In past home purchases, I often felt as if my realtor was not always looking out for my interests, but rather for the highest commission. The Citron Team was always on my side in all aspects of the process. In my dealings with Stephanie Citron, I felt like she was a friend on my side rather than being part of a business transaction. It was a wonderful, pleasant experience and would not hesitate to use her again! Andrew & Gladys Gomberg
Wyndham Lakes - 12225 NW 48th Drive
BECOME ONE OF OUR NEXT SATISFIED CUSTOMERS 954.609.0591 • ParklandParrot.com
WHY SELL WITH US? Locally Recognized... Globally Connected
COMPREHENSIVE HOME PREPARATION We will devise a written customized plan of action in order to prepare and stage your home for sale. We will also advise you on how to make minor repairs and to de-clutter and depersonalize your home before going on the market for sale.
PRICING STRATEGY We provide all of our clients with a customized pricing plan of action. We have set record sales for many communities in Parkland and Coral Springs. We never want to leave any money on the table. We take the time with you to discuss all recent comparable sales and listings in order to properly price your home.
PROFESSIONAL PHOTOGRAPHY & VIDEOGRAPHY We hire the best local professional photographers and videographers to take dozens of high resolution photos and videos your home with a voiceover. Our photos and videos separate us from the competition and create a buzz on all of our listings. BROKER OPEN BROKER OPEN
ONLINE GLOBAL MARKETING PLAN Our listings receive global exposure by being featured on highly trafficked real estate websites which include: ParklandParrot.com, Remax. BROKER OPEN com, Realtor.com, Zillow. BROKER OPEN com, Trulia.com, Homes.com, WorldProperties.com, & many more.
BROKER OPEN BROKER OPEN
LOCAL MARKETING PLAN
BROKER OPEN PREVIEWS
CONTRACT NEGOTIATIONS
No other local BROKER agent advertises OPEN like us! Local market exposure is essential in order to help market and sell our clients’ homes. Our listings are prominently exposed to 41 Parkland, Coral Springs, and Coconut Creek communities with a reach of over 15,000 homeowners.
We host Broker Open events inviting the top-producing local Realtors to preview our clients’ homes which increases local visibility in the real estate community.
We have continued to set record sales in the local area by negotiating the highest price and best terms for our sellers. Our goal is to keep values high in the City of Parkland.
DEDICATED TEAM Our clients have a team of experts working for them throughout the entire selling process and are available 24/7. We attend all inspections and meet with all appraisers in order to ensure that each and every transaction goes smoothly.
READY TO SELL WITH CONFIDENCE? Call us today and start packing tomorrow!
www.ParklandParrot.com | 954.609.0591
The Future Is Here!!
Using Cutting Edge Video & Drone Technology Let’s face it! Buyers are extremely visual and want to see videos and aerial photos when searching for homes on the Internet. In fact, 95% of buyers preview homes online prior to physically viewing the actual home in-person. As a result, we hire the best drone videographers and photographers to help enhance the saleability of our listings. Our clients’ homes stand out amongst the sea of other listings in cyberspace. We create a buzz through this effective cutting-edge marketing! We also present our homes with a full video tour taking each potential buyer through the home. Our videos include a voiceover narration detailing the features and benefits of each home. As an expert real estate team, we must provide these services to our clients.
Advantages Of Using Video Marketing: 1. One minute of video is equal to the value of 1.8 million words. 2. 1 00 million Internet users watch online videos each and every day. 3. 5 8% of buyers want and expect to see video of a home they’re looking at online. 4. 74% of all Internet traffic in 2017 will be video. 5. T he average US consumer spends 24 minutes a day watching online video, more time than any other digital media activity except social media and email.
Source: Forrester Research, comScore, Online Publishers Association, NAR, Nielsen, PEW Research, Cisco, KissMetrics, Multi Channel Merchant, eMarketer
WHY BUY WITH US? FINDING
NEGOTIATING
CLOSING
EXPERT NEGOTIATIONS
DEDICATED TEAM
We specialize in negotiating the best deal for our clients. Our expert local market knowledge enables our team to position our clients’ offers above the competition.
When a client buys a home with us, they have a team of experts behind them dedicated and available 24/7 throughout the entire process and to answer all questions.
HANDS-ON APPROACH
FLAWLESS CLOSINGS
EXCEPTIONAL TRAINING
Our team is there for each and every customer from start to finish. We understand that buying a home is one of the largest financial purchases. As a result, we are present and available for all inspections and closings to ensure that each purchase goes smoothly.
Our team never stops working! We are in constant contact with all parties involved, ensuring a smooth closing. Our clients’ closings are always enjoyable experiences.
We are on the cutting edge of the most up-to-date technologies and real estate. Every team member is held to the highest standards including continued education and training.
IDENTIFYING YOUR IDEAL HOME We use the most cutting edge technological real estate online systems where our clients receive the most up to the minute real estate updates of all available properties as soon as they become available.
The Service You Deserve. The People You Can Trust!
www.ParklandParrot.com | 954.609.0591
RENT VS. BUY Home Purchase Price Of $450,000 Financing A $417,000 Loan For 30-Year Fixed Mortgage Figures Are Based Over A 5-Year Period Using A 5% Home Appreciation Per Year Calculator Results:
Buying
Renting
Monthly Payment ($ / Month)
$1,962.08
$3,000.00
Payment - End of Period ($ / Month)
$1,962.08
$4,392.30
Property Tax and Insurance ($ / Month)
$800.00
$50.00
Maintenance ($ / Month)
Total Monthly Expenses ($ / Month)
$2,762.08
Total Cost Before Selling / Moving (Years) ($)
$165,724.89
Ownership Benefit
0.00 $3,050.00 $224,769.00
$59,044.11
$158,834.97
$158,834.97
Additional Ownership Adjustments:
Expected Selling Price ($)
$581,346.25
Minus: Original Down Payment ($)
$33,000.00
Minus: Remaining Principal on Loan ($)
$377,172.92
Minus: Cost to Sell ($)
$46,507.70
Add: Tax Benefit / Savings ($)
$34,169.34
Gain / (Loss) on Owning Home ($)
Net Gain (Loss) by buying a Home ($)
$217,879.09
Advantages Of Buying • Build Equity - Homes typically increase in value. Your wealth will increase, as you gain more home equity. • Gain Tax Advantages - The interest and property tax portion of your mortgage payment is a tax deduction.
• Stabilize Your Payments - Monthly payments are relatively steady if your loan has a fixed interest rate, while your landlord can increase the rent. • Secure Place For Your Family To Live - A home provides a permanent place where your family can live and grow, and you can decorate or expand a house the way you like to create your dream home. • Gain A Sense Of Community - Homeowners often are more involved in the well-being of their communities; many homeowners work together for better schools and less crime.
Joseph.Palopoli, Jr. Senior Loan Officer
Cell (954) 849-34571 | Office (561) 455-08281 | www.joepalopoli.supremelending.com
OUR FEATURED LISTINGS
Estates At Pine Tree, Parkland 6429 NW 65th Way
Asking Price: $2,790,000 Live In Luxury! Miami Dolphin Great Dan Marino’s Former Home! Custom-Built 2-Story Luxury Estate Home On An Acre Lot In A Private Gated Community. Home Has 7 Beds, 9.5 Baths, Movie Theater, Man Cave, Basketball Court, Putting Green, Guest House Or Staff Quarters, Hurricane-Impact Windows & Doors, Marble Floors, Full House Generator, Every Bedroom Has Its Own Full Bathroom, Resort-Style Pool & Spa. This Home Is Perfect For Entertaining & Is A Must See!
Heron Bay – Heron Estates
12203 NW 68th Court, Parkland Asking Price: $1,450,000
Amazing Heron Bay Luxury Living! Custom Built Heron Estates Waterfront Home. 7 Beds, 6 Full Baths, 2 Half Baths + Loft & Media Room. Spacious Master Bed With Sitting Area & Wet Bar, Oversized Backyard Perfect For Entertaining With Heated Pool & Spa With Screened-In Summer Kitchen, Impact Windows & Doors, 3-Car Garage & Circular Driveway & Much More.
Please Call Us If You Know Anyone Interested In LIVING THE PARKLAND LIFESTYLE Or If You Desire To Have Your Home Featured Here For EVERY Parkland Homeowner To See!
www.ParklandParrot.com | 954.609.0591
OUR FEATURED LISTINGS Fox Ridge
10654 NW 68th Court, Parkland Asking Price: $649,900
Property Details: Over $72,000 In Recent Upgrades! Best Available Home In All Of Fox Ridge! 6 Beds, 3.5 Baths Pool Home On Oversized Corner Cul-De-Sac Lot, 3-Car Garage, Upgrades Include New Kitchen With Granite Counters, Stainless Steel Appliances, Wood Cabinets, New Wood Floors In Main Living Area, All New Light Fixtures, Crown Molding, Plantation Shutters, 2 Upgraded Baths, Hurricane Shutters, Perfect Home For A Growing Family, Spacious Back Patio & Pool Area, Cabana Bath, So Many Improvements & Professionally Decorated!
Parkland Isles
10653 NW 62nd Court, Parkland
Asking Price: $469,900
Property Details: Best Deal In Parkland Isles! 5 Full Beds, 3 Full Baths Waterfront Home With Large Extended Back Patio & Amazing Views Which You Have To See To Appreciate! Popular Coral Reef Model Tri-Split Floor Plan Perfect For A Growing Family! New Water Heater, Pergo Floors In All Beds, Hurricane Shutters, Large Master Bed With Sitting Area, Formal Dining Room, Spacious Kitchen & Breakfast Area, Open Layout, Great Schools, Man-Gated Community!
Coral Hills
9400 NW 42nd Street, Coral Springs Asking Price: $699,900
Property Details: Amazing Estate Home Located In Coral Springs Hills On Over An Acre Lot! Stunning Open Floor plan With 2 Master Suites, Perfect For Entertaining, Formal Dining Room, Fenced Backyard! Over An Acre Lot With So Much Potential! Accordion Hurricane Shutters, Grand Foyer Entrance, Formal Living Room, Spacious Kitchen With Island, No Homeowners Association, Covered Patio & Spa, Breakfast Area Overlooks Back Patio/Pool, Vaulted Ceilings, Huge Driveway Perfect For Parties & Guests! This Home Has So Much To Offer.
Please Call Us If You Know Anyone Interested In LIVING THE PARKLAND LIFESTYLE Or If You Desire To Have Your Home Featured Here For EVERY Parkland Homeowner To See!
FREQUENTLY ASKED QUESTIONS FAQ’s For Sellers:
FAQ’s
1.
What are the disadvantages of overpricing my home?
• You may help sell similar homes that are priced lower. • Your home may be on the market longer. • You could lose market interest and qualified buyers. • You may have to accept less money. • A potential buyer may face appraisal and financing problems resulting from the inflated price.
2. How much money are you willing to personally spend to market and advertise my home to potential buyers and Realtors? It is important when hiring the right agent for the job of selling your home that he/she spends their own marketing dollars to help advertise your listing and not just the brokerage that the agent works for. Ask for a customized marketing plan of action from the listing agent. No other real estate team will spend the necessary amount of money on marketing like we will! Our team looks at our listings as personal investments, where we must spend money in order to get you the highest possible price! 3.
Should I hire a local expert or a part-time agent or friend in the real estate business?
Selling one of your largest financial assets should be a serious decision. It’s essential to hire a full-time, expert Realtor who knows the local real estate market. If you list with a part-time agent, you may get parttime service. Also, by listing with your friend, it may be tough to speak openly and candidly about the listing and selling process. You never want to lose a friend over money or real estate.
FAQ’s For Buyers: 1. What is the difference between being pre-qualified and pre-approved for a loan? If you’re pre-qualified, it means that you POTENTIALLY could get a loan for the amount stated to you, assuming that all of the information you provide to the bank is accurate and true. This is not as strong as a pre-approval. 2. What is title insurance and why do I need it? Title insurance protects the lender and buyer against any losses incurred from disputes over the title of a property. After you close on your home, if there are any issues in regards to city or county permits not being closed out properly, title insurance will protect the buyer from incurring any other charges to correct these issues. 3. Is Zillow.com & Trulia.com the best places to look for homes for sale? As Zillow, Trulia, and other online real estate websites become popular, many potential buyers believe that these websites are the best sources to find accurate and current real estate listings. Unfortunately, these websites are not updated on a regular basis and have old listings on the sites. The only way to be certain that buyers are receiving the most accurate and up-to-date properties as they come on the market is to have an agent send them via email from the Multiple Listing Service (MLS). Our team sets up automatic emails with a buyer’s exact purchasing criteria, so our clients will receive available new listings as soon as they become available. By the time the property hits Zillow or Trulia, our clients may already be previewing the new listing.
www.ParklandParrot.com | 954.609.0591
Presorted Standard U.S. Postage PAID Boca Raton, FL Permit No. 1767
MICHAEL CITRON Parkland Resident Real Estate Specialist
954.609.0591
THE FUTURE OF REAL ESTATE ANYTIME ... ANYWHERE
The Most Comprehensive Website Dedicated To Parkland Real Estate, City Information and More
www.ParklandParrot.com