real estate agent

SELECTING THE RIGHT REAL ESTATE AGENT FOR YOUR PURPOSES

Whenever one is shopping for a real estate agent, it goes without saying that they want the very best. However, selecting one that is right for your purposes may be a task. This is because it is very difficult to make a decision via online ads, yard signs or even direct-mail postcards. It is one of the most critical decisions that a homeowner will ever make and that is why it needs to follow the correct process. This article will attempt to give some insight into the process of selecting the right real estate agent for your purposes.

How to select the right real estate agent for your purposes

The following are a few tips on how to go about the process of selecting the ideal real estate agent:

Speak with recent clients

You can ask the real estate agents to provide you with a list of the property they have listed and consequently sold recently. Proceed to ask past clients what exactly the asking price was, and what the sales price ended up being. If you are selling, ask if the previous clients’ properties were in any way similar to yours in location, price, as well as other selling features. Another important question is to ask the previous clients the length of time that their homes were on the market.

Licensing

It is important to check with the state’s regulatory body that is concerned with real estate agents. The main reason for this is to determine if prospective agents are licensed or whether they have any kind of disciplinary complaints.

Listings

You should look at the current listings of agents online. This can be assessed on realtor websites such as that of Full Potential Real Estate and other reliable online sources. These should offer an online database of properties that is searchable in their multiple listing services. You should also look at how closely the listings of a particular agent mirror the property you would like to sell or buy. Determine if they are in the same area and even if the price ranges are similar. Most importantly, determine if the agent has sufficient listings to portray a healthy business.

Local real estate market

The Myrtle Beach real estate agent that you choose should be an expert with regard to the local real estate market. The best way to assess this is to ask them questions about the local real estate market and if they can answer with confidence. The agent you choose should be competent in the particular neighborhoods that you are interested in. However, you should proceed to do personal research and critically compare, despite the answers they give you. The main reason for this is that a real estate agent that is very familiar with the local market will recommend the best price to sell or buy.

Tech savvy

A good listing agent should be able to utilize technology to their advantage. Tech-savvy real estate agents tend to be more productive and also deliver the best results for their clients.

Technological systems and tools facilitate efficiencies that can work to your advantage. The real estate agents from Full Potential Real Estate are proof of this fact. For top-quality services, you may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com

buying a home

A TO-DO LIST BEFORE BUYING A HOME

The process of buying a home is truly exciting for first-time homeowners. Browsing through photos of all the different houses for sale, contacting the seller or owner, and visiting the house are just some of the first things that come to mind after deciding you want to become homeowners. The most fun part for you in the process is imagining yourself in that new home you’re looking at….no doubt a great inspiration!

There are a couple of things a homebuyer should do before browsing homes for sale, however, and these things primarily focus on preparing yourself financially. According to an expert real estate agent, mortgage loans today have become more complex with more restrictions and requirements. Homebuyers need to provide more proof that they can afford to buy a home. This does not only benefit lenders and home sellers–but it’s also meant to benefit buyers, particularly to help protect them from bad lending practices. It’s so easy to get caught up in the moment and go into debt with a mortgage you can’t really afford. In the past, banks and lenders have not been very responsible in preventing this, which is ultimately what led to the housing market collapse in 2008.

This is why it is important for most of today’s homebuyers to be able to secure their finances and prepare financially before jumping into the fray of the housing market. Here is a simple to-do list to help you be financially prepared:

Finish tax filing

Keep in mind that one of the things that a lender looks at is your most recent tax returns. The primary reason for this is because this is the most legit document they can look at to confirm and verify your income and financial eligibility in buying a home Myrtle Beach. Although you will show lenders other alternative documents to prove your income, banks will still want to have a copy of your latest federal tax return.

Secure other important financial documents

These are primarily the documents that show your income for the last two years. Basically, these are the alternative documents that banks and lenders will look at to verify and confirm your income along with your tax return. These include W-2s, previous years’ tax returns and, if you are self-employed, 1099 forms from the IRS to your show your self-employed income.

Also, if you have a family business where you are owner or co-owner and which is also a source of your income, you will have to prepare copies of corporate tax returns for the past two years. Keep in mind that to be able to prove that you can indeed buy a house and pay for the loan and mortgage insurance, you will need to show proof of all your assets and sources of income. The more assets you show, the better you will prove your financial ability and the easier you will get loan and mortgage approval.

Aside from proving you are financially capable of paying for the loan and mortgage, these financial documents will also help prove that you will not be financially drained after buying a house. In fact, your debt to income ratio should not exceed 43 percent so you still have enough reserves for your other expenses such as insurance payments, utilities, and other homeowner’s fees.

Fix your credit report

Your credit score is one of the most important factors that lenders and banks look at to determine whether or not you are able to afford to buy a home in Myrtle Beach. Most experts suggest doing this at least 6 months to one year before your home purchase. This will give you sufficient time to improve your credit score and further impress lenders and banks.

Aside from improving your credit score, however, you also have to work at finding credit report errors and having them fixed. Keep in mind that credit report errors do happen, and it is up to you to check your credit reports and look for these errors, including missed, incomplete, or late payments. If you have kept all your receipts, you can easily prove this. Note that fixing these errors may take up to 3 months, so you need to do this earlier to ensure your credit report is error-free.

Research home prices and know how much they can afford

After securing your financial documents, you know how much money you have to work with for buying a home. With this information, do some research on the current home prices of the areas where you plan to buy. Do note that to find the best deals in Myrtle Beach, it is recommended to hire an expert like Full Potential Real Estate.

Knowing home prices and how much of a loan you can qualify for, makes it easy for you to look for that perfect house. Additionally, this will also help you make a smarter decision on how much to offer on the house that you are looking to buy and outbid other potential buyers.

Preparing financially is necessary to make the home buying process easier and less complicated. Do it correctly and you will save yourself from days of frustration, stress, disappointment, and pressure, which takes out all the fun and excitement that you had when you first decided to become homeowners.

For professional assistance in buying a home in Myrtle Beach, call Full Potential Real Estate, LLC now and inquire about their services. You may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com

selling a home

TOP SECRETS IN SUCCESSFULLY SELLING A HOME IN MYRTLE BEACH

Selling a home is not easy, especially for first time home sellers who are not working with a real estate agent. If you are looking to sell your house quickly, you need to seek professional assistance from a certified and experienced real estate agent. Plus, you also need to learn about some trade secrets to help you successfully and quickly sell your home at a reasonable price.

Top Secrets To Selling Your Myrtle Beach Home

Making the best first impression

Your real estate agent will advise you to make the most of first impressions. You have to make the exterior of your home as appealing and welcoming as its interior. Keep in mind that potential buyers start judging your house the minute they lay eyes on it. So you have to be able to create the best first impression at your curb and driveway when selling a home in Myrtle Beach.

You do not have to spend a lot of money on this because you can simply add a couple of inexpensive shrubs and flowers to make your driveway more inviting. Your goal is to welcome the potential buyers and make them feel comfortable and at home when walking to your house and before entering the front door.

Keep your house in tip-top shape

When you decide that you’re going to be selling a home Myrtle Beach, you will need to do some tidying up to make it look appealing before you take photos for the listing. Once you have listed the house for sale, you then need to always keep the house in tip-top shape because you never know when potential buyers might show up to check out the house. Some buyers will call first to confirm the listing and location of the house as well as your availability to set a date for when they could visit the house.

There are also buyers, who may already be in the neighborhood and may forego calling you before they stop by. It is because of these situations why you need to keep the house in tip-top shape. Regularly clean the house, dust cabinets and shelves, and make all the windows and mirrors sparkle. Although this requires a lot of time, you can be sure that this will help your house sell more quickly.

Sell the kitchen

The kitchen is often the deciding factor for many homebuyers. This is the reason why your realtor would suggest prepping the kitchen first. This is primarily because the kitchen has become more than a place for meal preparation and cooking. The kitchen now also serves as a gathering area not only for the entire family but for guests and friends as well. Thus, homeowners are often eager to look at a home’s kitchen before deciding to buy the house.

Considering this, it is important for you to invest in some kitchen upgrades and home renovations, depending on your budget. You need to make your kitchen look up to date by replacing your stained and worn out countertop, painting the cabinets and walls, and installing new cabinet hardware. When painting, make sure you use a neutral color to still allow the home buyer to envision how they will decorate the kitchen.

Strip the house of all your personal things

According to Full Potential Real Estate, it is important to remove anything that says the house is still your home. These include your photos, paintings, personal collections, and decorations. But you do not need to make the house bare. Leave some of the living essentials such as furniture and fixtures. The key is to make the house comfortable for living, allowing the potential home buyer to see himself and his family living in the house.

Focus on the important updates and repairs

When selling a home, it can be easy to get carried away with repairs, upgrades, and home renovations. Not all renovations, however, are necessary for you to sell your home. Although it is true that these renovations can help you sell your home quicker, there is no guarantee that you will get back the full amount or even half of what you spent on the renovations.

Thus, it is important to carefully plan only the needed repairs and upgrades. Make sure that you will not spend a lot of money on the repairs and that you can get back the money you spent on these repairs.

It is always best to work with professionals when selling a home. Call Full Potential Real Estate LLC now and speak with one of their real estate agents. You may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-236-0203
https://fullpotentialrealestate.com

selling a home

6 Tips On Selling Your Parent’s Home A Lot Faster

It is never an easy task to sell your parent’s home. Whether your parents are ready to move to a new location or have passed away, putting their home on the market is a tough ordeal. There will be a lot of sentimental value to the home considering the years they spent living in it. That emotional attachment is often one of the key reasons why selling a home is slower than your average transaction. Emotional aspects aside, there are ways on how you could expedite the process of selling the home of your parents.

What you need to know to speed up the sale of your parent’s home:

  1. Don’t fall for investor offers – in case your parents have died, don’t fall for any investors offering to buy the property in cash. According to experts, these investors will likely provide a meager bid for the home. If you and your siblings are in need of cash or have the need to settle personal debt, it can be tempting to take upon these offers. Although you get the cash fast, you will settle for a smaller amount than what the property is worth. It is best to work with a real estate agent and list the home the normal way.
  1. Don’t be your own realtor – a lot of people want to cut the middleman and do away with realtors. However, it is not often the best course of action. Bear in mind that selling a home Myrtle Beach might not be as straightforward as it sounds. There are details and trade information that you may not know about and you could miss out on great deals if you were to discount the need for a realtor.
  1. Don’t let emotions get the best of you – oftentimes, it is hard to overcome emotions especially when selling a home of loved ones. However, the sale must continue, and to do that, you should assign someone who can make rational decisions in the selling process.
  1. Don’t declutter on your own – experts often advise people to hire professionals to declutter their parent’s home. If you were to do it on your own, all the emotions could come rushing in and you wouldn’t be able to complete the process. Hiring professionals to declutter will speed up the process.
  1. Sell at the right price – this is where hiring experts like Full Potential Real Estate come in handy. You must be able to sell at the right price. Your realtor should be able to analyze market conditions and other factors that affect the market. In the end, your realtor should find you the best deal for your property.
  1. Be careful with renovations – a realtor would often advise owners to do some renovation prior to the sale. This is to make the selling process easier by attracting more buyers. However, not all home renovation projects benefit the selling price of the home. Be mindful of the ROI of your planned renovation. Be sure that the selling price can make up for the money you put into the home improvements.

Are you planning to sell your home? Hire Full Potential Real Estate to help you with the selling process. You may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com

buying a home

Signs That Show You Are Ready To Buy A House

Everyone has their own process of buying a home. The same as being ready to make that single major purchase; it takes time and it is different for everyone. The question now is whether you are ready or not. This article will be focusing on the signs that tell you the time is ripe for buying a home.

Signs that let you know the time is ripe for making a real estate investment

  1. You have a stellar employment history

One indication that you are ready to buy a house is stable employment. If you’ve been working the same job for the last two years, you are on your way to buying a home Myrtle Beach. Lenders need to be sure that applicants can pay their mortgage before they could approve their application. This process will be the same anywhere you go. Loan providers would typically require at least two years of W-2s. If you’re self-employed, be ready to provide tax returns for the last two years.

  1. You are not sinking deep in debt

Lenders normally check whether you have a good handle on your debt. If you have a debt-to-income ratio (DTI) that falls below 45%, you may proceed with buying a house. A low DTI normally suggests that you are capable of paying back any debt that you should take.

  1. A decent amount of savings

Other than having the capacity to pay all your debts, you should also have enough money in the bank. Most of the time, if you have at least 5% of the average cost of buying a house in savings, you might be ready to buy a home. Bear in mind that there are a lot of costs associated with buying a home. Having a sufficient sum in the bank will help with your down payment, closing costs, and other expenditures. Talk to your real estate agent for more information about the costs involved with purchasing a house.

  1. You’ve got a good credit score

Another thing that you need to consider is your credit score. Most of the time, credit providers would shun applicants who have a credit score below 500. However, if you have reached a credit score above 500, you might want to consider buying a house. Loan providers would require a stellar credit score to provide mortgage pre-approval. Getting approved on a conventional loan would require having a credit score of at least 620.

  1. Housing market conditions are in your favor

The last factor that you must consider is the current condition of the housing market. If mortgage rates fall, you might want to take advantage of it. You should also consider the times when house prices are declining. This time of the pandemic, housing prices are falling due to the lack of buyers in the market. However, the dynamics have changed which is why you should also consult experts like Full Potential Real Estate should you wish to buy a home during this period.

Are you planning to purchase your first house? You might want to avoid all problems in the process of buying one. Call Full Potential Real estate to get services that make purchasing a home a lot easier. You may call us at (843) 236-0203.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-236-0203
https://fullpotentialrealestate.com

selling a home

THE IMPORTANCE OF PROPERLY STAGING YOUR HOME FOR SALE

When selling a home, the most common tip that you will receive is to properly stage the house. Many professionals agree that properly staging a house will attract more potential buyers and make it sell faster. And even if your home is already beautiful, you still need to properly stage it because what is beautiful to you may not be the same as your target buyers.

Although staging a home is a common practice when people decide to place their house on the market, many homeowners and home sellers still resist the process. You must understand that if you really want to sell your house, it needs to undergo a transformation to become the house that potential home buyers need and want. You need to allow your buyers to see the house as their own, to see themselves and their family living in your house. And you can do this with proper staging.

For some homeowners and home sellers, staging their house is difficult because this basically means ridding the house of their personal items. This is especially true for those homeowners who have become attached to their house. Regardless, they need to go through this process when selling a home Myrtle Beach.

To help ease their way into staging their house, here are some tips that they could consider:

The goal of staging is to let the house speak to your buyers

Having lived in the house for a number of years, it can easily speak to you. You know its ins and outs, what every corner and space is used for, and where all your stuff is located. When you decide to sell the house, you need to make the house speak to your potential buyers as well. This means that the buyers should be able to easily relate to your house as you were when you were still living in it.

You can easily do this by eliminating your personal things. This includes your personal collections, china, photos, books, and magazines. Although they are truly attractive, they tell your life story. They signify the number of years you have lived and shared with the real estate. And while these make for a very good conversation, they pull the attention of your potential buyers away from the house. They get sidetracked from their goal of checking out a house they want to buy and live in. Instead, they end up striking a conversation with you on how long you have been in the house and the stories behind your collections, books, and photos.

It is important that you eliminate these distractions as part of the staging process when selling a home to allow the buyer to see the true beauty of the house. Your real estate agent would also warn you against leaving personal belongings. As a result, they can easily make a decision on whether or not the house is suitable for them and their family.

Remove the clutter to create more space

Another important aspect of staging is creating space. This is one of the things that potential buyers look for when they go to check out a house they are considering buying. They want to make sure that the house has sufficient space for all their stuff and for their family.

If your house has lots of clutter, potential home buyers will not be able to see the amount of space available in the house. All houses have clutter, you can see it everywhere – in the kitchen, in the living room and even in the bathroom. To create more space in the house, all you have to do is get rid of all the clutter in your home.

You can start with all the mail and loose change that has accumulated in your coffee table or the amount of stuff that has settled on top of your kitchen counter. You may not notice it but you have already collected a lot of stuff in your kitchen: your oven toaster, coffee maker, utensils, and knives. Note that for some people, this could mean you have lots of things. But for your potential buyers, this tells them that you do not have enough cabinet space for these things. Should you find it hard to sell your home, contact experts like Full Potential Real Estate.

For professional assistance in staging and selling a home, call Full Potential Real Estate, LLC now. You may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-236-0203
https://fullpotentialrealestate.com

real estate

2020 US Presidential Election And The Real Estate Market

As the hour draws near for the American people to choose their next president, uncertainty awaits the U.S. economy. Every sector in the economy will be affected. Election years typically draw a cloud of confusion over the stock market and others. The real estate market is no exception. Housing prices and mortgage rates will all be affected in some way. But how does this translate for the average homebuyer? What does this rocky economic stretch lead to?

How election years affect the real estate market

If you look at history, you can find that election years are good for home buyers and there’s a reason for this. The year before, during, and after an election, appreciation typically drops. Housing prices are slow to rise. The slow growth will affect the housing industry but will be a boon for bargain buyers alike.

It will be harder to sell during an election year

Despite the slow growth of home prices, many buyers will still hold off on making a purchase. This is typically due to the uncertainty that’s brought about by the election. The Myrtle Beach real estate market will be disrupted. There will be a decline in home sales before, during, and after the elections are over. This slump, however, will not last long and expectations will return to normal eventually soon after.

Property tax, deductions, and credits could be altered

Right now, property owners are enjoying tax deductions because of the Trump administration’s Tax Cuts and Jobs Act. However, these deductions that homeowners take advantage of can be thrown out the window as a new administration could undo the tax reductions. Removal of the tax reductions could deter homebuyers especially those who are only looking to buy their first-ever property.

Consumer confidence might get hurt

The overall health of the U.S. economy in 2016 saw an uptick. It is the health of the economy that drove consumer confidence in that particular year. The housing market and economic health are basically intertwined. This means that when the economy is looking good, consumers feel more confident to make large purchases like buying a home. On the other hand, the exact opposite could happen if the economy hit a bump in the road or if there’s a glum outlook ahead.

Elections can negatively impact home value

According to industry experts, home prices normally rise 1.5% less during an election year. Although it may not seem much the overall accumulated value will show that homeowners lose thousands of dollars per year.

Despite the fluctuations and confusion in the market, there will always be movement. If you wish to take your chance and find a good deal, talk to your real estate agent. When you look for a home, especially during these times where the elections and pandemic have greatly impacted the market, it is best to seek the advice of a market professional. Experts like Full Potential Real Estate can fill you in on the information that’s relevant to today’s real estate market. Without insider knowledge, buying a home would be like taking a step in the dark; you wouldn’t know what to expect.

Don’t know what to expect in today’s housing market? Buying a home isn’t entirely difficult if you get the right advice. Call Full Potential Real Estate today for more information on our services. You may reach us at (843) 236-0203.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com

buying a home

Buying A Home – Hurdles Of Refinancing Amid The Pandemic

As a prospective homeowner, it’s normal to face a lot of challenges when buying a home. However, going into the real estate market is a lot harder during this time of pandemic particularly when it comes to mortgages. According to data reports, mortgage rates have fallen to record lows this year. However, refinancing has slowed down significantly as lenders became more stringent with their lending standards. Read on to know more about what to expect:

Mortgage refinancing in the time of COVID-19

Since the pandemic has hurt the economy, a domino effect of sorts is upon the everyday citizens of the United States. The unemployment rate has skyrocketed and many Americans have lost huge amounts of money or lost their jobs entirely. But what has this got to do with people who are looking to refinance their home loan? What about people buying a home Myrtle Beach?

The very best thing that every homeowner and soon-to-be homeowners should do is to know what to expect. As unemployment rises, so are the standards set by leading firms. According to experts, borrowers may be required to take extra steps in order for them to qualify for a loan or to refinance their existing ones.

Credit providers are going to look for higher credit scores

It wouldn’t come as a surprise for lenders to tighten mortgage loan standards especially in a key moment such as this pandemic. It’s not that they are just trying to make it harder for their clients but rather protecting their interests. With high unemployment rates, lending money comes with a greater risk. It’s these risks that lenders are trying to lessen by setting the bar higher. Federal Housing Administration (FHA) loan refinancing has required a credit score of 679 starting last July 2020. That’s up 11 points from one year ago. Whether you are refinancing your loan or simply trying to get a loan application approved, a higher credit score will be much better. It will help to ask your local real estate agent for some assistance in case you run into a wall with your finances.

Loan refinancing might be delayed

As previously stated, refinancing loans will be a lot harder. Other than that, customers need to expect delays along the way. It should be noted that many homeowners will try to refinance loans. This will give credit lenders plenty to work on which will undoubtedly cause delays.

Self-employed individuals will face more paperwork

A few months back, Fannie Mae and Freddie Mac have introduced extra documentation requirements for borrowers who are self-employed. This is a precaution set in place by lenders to ensure that borrowers have healthy, stable finances and can make payments on time.

Everything will be done digitally

Many workplaces are now running on a remote location and operate wholly on online platforms. This is basically a measure to prevent furthering the spread of COVID-19. As for making the entire process of applying for a loan or refinancing, it is best to talk to your lender about it. You could also seek the advice of experts like Full Potential Real Estate regarding these matters.

Are you planning on buying a home but don’t have a concrete plan on how to? Call Full Potential Real Estate today! You may reach us at (843) 492-4537for for more information on our services.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com

buying a home

Buying A Home – Things Buyers Need To Know

The process of buying a home may vary depending on where you live. Some of the real estate laws in other states may not be applicable in the state you live in. That’s why you should always take your time in making sure everything is in order when purchasing a home. Aside from that, you should also hire a real estate agent to help you out along the way. While you can do your own research, a second opinion and some helpful insights from a real estate agent can make a difference.

Here are the steps that you should follow when buying a home

Make sure your finances are in order

If you are like most people who don’t have millions of dollars in the bank to pay for a house upfront, you should keep your finances straight as an arrow. Your credit score will play a huge role in your mortgage applications. Sometimes, it could even be a determining factor if you could get a particular home or not. Always settle any debts and payments on time.

Be familiar with how the mortgage industry works

When buying a home Myrtle Beach, you should familiarize yourself with the entire process of searching for a home down to how mortgage companies work. All of the information you gather and learn will be useful when you purchase a home. If you can’t commit to learning everything, you could always hire experts like Full Potential Real Estate to help you out. Hiring a real estate who knows the housing market like the back of their hand will be of great help.

Getting pre-approved for a mortgage loan

When you are in the market for a home, it’s best to have yourself pre-approved for a loan. This will help you in determining what you can afford. Sellers will also choose the bidder with the documents to back up their bid.

Work with a real estate agent

The first thing that you need to acknowledge when buying a home is that you can’t own all of the work. You can’t micromanage the amount of work that needs to be put into purchasing a home and at the same time living your life normally. You need to work with a real estate agent to make your life a lot easier and your purchase much faster.

Begin your search

When searching, you can let your real estate agent do all the work and just filter through the listings that are given to you. However, the process will be faster if you work alongside the agent to make the search faster. Define what you want, need, and expect. This way, there’s a criterion that both of you can share.

Make an offer

In case you finally find a home that you want, make an offer. However, don’t be hasty. Talk to your real estate agent before making a bid. Check with your agent about seller disclosures, what they mean, and how they affect your offer.

Proceeding to a closing

When you’ve finally managed to find your way through the end of the process, you will face one more hurdle and that’s closing the deal. If it is your first time buying a home, you can check with your realtor about what to do. They will explain to you everything that you need to know about the transfer of ownership of the property and other essential information.

Are you looking to purchase your first home? Avoid some of the common mistakes of buying a home! Hire Full Potential Real Estate to help you with buying your dream house. You may reach us at (843) 236-0203.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-236-0203
https://fullpotentialrealestate.com

real estate agent

REAL ESTATE AGENT IN MYRTLE BEACH IN FACING SELLERS’ FEARS

According to many realty professionals and real estate agent Myrtle Beach, selling a home entails lots of challenges and hindrances. In addition to the financial trials, a home seller may also feel lots of different emotions. He also needs to go through a number of decision-making processes, which will be easier if he works with a real estate agent from Full Potential Real Estate, LLC. If you are selling your home, the best way to prepare for it is to increase your knowledge and learn about the fears that sellers commonly face.

Seller’s Fear According To Real Estate Agents

Fear of not selling

One of the top fears of sellers is their house sitting on the market for a long time. The other houses that were listed at about the same time that their house was listed had already been sold. But their house is still in the market. This can be a huge problem especially if you need the money from the sale to buy another house. You should know, however, that any home regardless of its size, structure and location will sell if it is priced right and is in the right condition. Current market conditions also play a role in whether a home will sell or not. You should get important advice from Full Potential Real Estate to not miss out on the best deals.

And to ensure that your house will sell, you should consider working with a Myrtle Beach real estate agent. It helps if you start planning with your real estate agent before you decide to list your house. Keep in mind that it could take months before you can get an offer for your house. Planning early with your real estate agent, on the other hand, will help your house sell faster.

Fear of having to do a major renovation to sell the house

If you want to quickly sell your house at the right value, you will need to do some work on the house. You have to make it look inviting and appealing to your target buyers. But you do not have to spend a fortune on home renovations. Sometimes, all you need to spend is your time.

When preparing your house before you list it on the market, you should focus more on cleaning and in organizing your home. Luckily, with the help of a listing agent, consider doing some staging and replacing your furniture, appliances, and decorations. Remember that you do not have to do all the home renovations. You can leave some for the buyer, just do not forget to mention it to the buyer as you are negotiating the sale.

Fear of not selling by the due date

Some sellers have a due date for when they need to sell their house. This is true for sellers who are facing a job transfer or other major life events such as a death in the family or divorce. These events put a strain to the sellers that they need to sell quickly. If you are in a similar situation, you should know that this is not only stressful or you but it can also be disruptive.

There are lots of strategies to help you sell your house quickly. Work with a real estate agent in Myrtle Beach to help you sell your house before your due date. One thing you can do is to set the purchase price of the house near the range of recent home sales in the neighborhood.

Fear of setting a very low price for the house

You can easily tell if you have set a low price or not by comparing with the price of similar houses that are currently listed. You can also look at the prices of the houses that have recently sold in the neighborhood. When selling a home, it helps if you expect sudden price reduction especially if you are looking to sell before a certain date.

One thing you can do to ensure that you are setting the right price for your home is to work with your real estate agent in conducting research and creating strategies on how best to sell your house.

Looking for a real estate agent in Myrtle Beach to work with? Call Full Potential Real Estate now. You can also get a hold of them in the local directory Myrtle Beach Home Services. You may reach us at (843) 492-4537.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-492-4537
https://fullpotentialrealestate.com