Category Archives: Selling a home

TIPS FOR GETTING A HOME READY TO SELL

selling a homeIf you are planning to sell your Myrtle Beach home it is important to understand that this whole process is both overwhelming and stressful in order to get the best price from it possible. There are a number of important real estate selling tips you should learn when it comes to selling a home fast. Below are some of the important tips you should consider so you can the best price when selling a home:

Preparation Tips Before Selling A Home

Taking an Objective Look at Your Home

After living in a certain place for a long time (like your home), it is human nature to overlook the small things that could hurt its resale value. For this reason it is wise and important to ensure that you take an objective look at your home before placing it in the market. You should think just like a potential buyer and identify all the turn-offs, and look for a way to negate them.

Improving Your Home’s Curb Appeal

Statistics in the real estate industry have shown that most potential property buyers make up their minds about viewing the inside of a house within the first 10 seconds of looking at its curb appeal. This is one area that is very important to take care of as you make the preparations when it comes to selling a home in Myrtle Beach.

It should be very attractive and breathtaking in order to attract more visitors to your property and also arouse their interest to enter and view it well inside. A professional realtor in Myrtle Beach said that a great curb appeal is quite a strong point that attracts buyers as it reflects the degree of care and maintenance according to the other parts of the house.

Making the Home Stand Out

When buyers are looking to buy a home, they normally view a number of properties before making their final decision. In order to close the deal, you have to make sure that your house stands out. It is important to make sure that the buyers can connect with your home and visualize it as their own. In order to achieve this feat, you should ensure that you “depersonalize” your home.

This will be achieved by ensuring that you put away all your personal belongings and photos. This makes your home neutral and it will be easier for prospective homebuyers to visualize themselves in the home with nothing detracting them.

Pricing Your Home Right

Apart from doing the basics like cleaning the house thoroughly, repainting it, de-cluttering and fixing all the broken parts when preparing to sell your home, setting the price right is also very important.  You may want to consider hiring a handyman to repair dripping faucets, clean up the yard and do a thorough inspection of your home. You should carry out research on your competition as well as the market in order to set your price well. Use the home search function on our website to conduct your research.

You can take the risk and slash the price of your home by about 15 – 20% off the prevailing market prices.  This is a huge risk but it may bring a lot of buyers to your home and force bidding that will fetch more than the set price and maybe over what it is worth. This is a great strategy for selling your home in the prevailing market today.

All the above are the important real estate selling tips that you ought to follow when getting your home ready for sale. However, the best tip is to call your local real estate agent in Myrtle Beach for their advice on selling a home in Myrtle Beach.

Cheryl Woodward with Full Potential Real Estate knows the area and can ensure your home is priced right. Call today for a no-obligation consultation.

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

10 Features First Time Home Buyers Are Looking For

selling a homeNearly a decade of positive housing momentum has been interrupted by the pandemic that has forced governments around the world to issue “quarantine” orders. What was expected to be one the busiest summers of recent history has actually failed to live up. Instead of realizing historic home sales figures, buyers and sellers now sit on the sidelines, waiting for the right person to move. But, there is still demand. Despite the pandemic being an obstacle, buyers remain in the market and are likely to be more willing to purchase than ever.  This raises the question: What do home buyers really want? What can sellers do for their homes to make them more attractive to buyers?

Although the Corona virus has changed how buyers and sellers see the real estate market, some of the most desirable home features have remained the same. A Myrtle Beach Realtor will be able to find a home with your favorite features. How can sellers capitalize on this participation? What can homeowners do to ensure that their homes sell in the coming year? Lastly, what features are the most important for home buyers?

Updated Kitchens & Baths

What are the top priorities for new home buyers? It’s simple: modern kitchens and bathrooms. Millennials as well as first-time home buyers are making their intentions clear. Modern kitchens and bathrooms are essential. Metropolitan Regional Information Systems Inc. recently conducted a survey and found that 81% of respondents considered updated bathrooms and kitchens to be the most important features when deciding whether to buy a home. If you have the budget, you should  update your bathrooms and kitchen.  You don’t have to spend a lot to attract first-time homeowners.

Open Floor Plans

What is the most important thing home buyers want, other than more living space? After all, the whole point of buying a home is to improve on existing living arrangements. First-time home buyers are keen to have open floor plans, even if they don’t need modernized bathrooms and kitchens. Before selling a property, sellers should review their floor plan.

Proper renovations can increase the property’s value and appeal. It is possible to have more attractive floor plans that create demand. Your property will sell faster and more often if it has more exposure.

Low Maintenance Features

Many millennials are discouraged from participating in the housing market because of the high cost of buying a home. Even those who do make the leap should be cautious, as prices rise in every city. It’s not hard for first-time home buyers to save enough money to pay a down payment or make a monthly mortgage payment. First-time home buyers don’t have enough money to cover all the costs associated with the purchase.

Selling homes should consider the idea of saving money on home maintenance as a selling point. First-time buyers are often embarrassed by the idea of spending more on maintenance after making the biggest purchase of their lives. Therefore, it makes sense that they would prefer a home that is ready to move in than one that requires extensive maintenance. Sellers are encouraged to minimize the amount of work required after purchase.

Energy Efficiency

Energy efficiency is similar to limiting the maintenance that a property requires after it has been purchased. First-time home buyers are now interested in saving money. Energy efficiency can also lead to compounded savings over time.

If you want to attract first-time buyers, sellers should include as many energy-efficient upgrades as possible in their homes.

Today’s buyers are more interested in how much money they can save on their energy bills. Properly insulated homes can help owners save a lot of money on their energy bills.

When you’re looking to sell your house, make sure to mention any energy-efficient features you have. A first-time buyer is interested in any amenities that can save them money over the long-term. This includes low-flush toilets and attic insulation.

Wireless connectivity

What do home buyers really want right now? Connectivity. Millennials are more tech-savvy than any other generation. It is safe to say that millennials will be dependent on technology in their home buying decisions. Nearly a quarter (20%) of first-time buyers will place priority on homes that have strong mobile phone service and Internet connectivity (smart home features).

It’s not surprising that millennials are the first generation to expect their homes to be technologically compatible. Strong Internet connections and mobile phone service are not a luxury, but a necessity. Sellers will have a better chance of selling their home if they realize this sooner than later. If you don’t address this issue, your home will become stale.

Laundry rooms

Laundry rooms are often overlooked, but they’re not forgotten. According to Kiplinger, 91.0% want laundry rooms in their new homes. This includes first-time buyers. It could be that they need more space or because they have had enough of sharing communal laundry rooms in their apartment buildings. However, first-time buyers expressed the desire to have a laundry area.

Patios

Many first-time buyers will want more space when they move into a new home. New buyers often come from small living spaces and need more space. A patio is a great option because most buyers have grown to use a balcony. It’s also a simple upgrade that can make all the difference.

Garage Storage Space

It’s easy to accumulate way too many things, as any homeowner will tell. Garage storage is essential for homeowners who have a natural knack for excess. But efficiency is more important. The garage storage allows homeowners to store the items they want and need without taking up too much living space. Garage storage is often more accessible than an attic, shed or garage, so homeowners can store their items over the course of a year and not forget where they are.

Garage storage costs can vary greatly, with everything from DIY shelves to professionally built workbenches and cabinets. The effort, regardless of price, will attract more buyers.

Exterior Lighting

The exterior lighting can be a great way of adding curb appeal as well as functional lighting. A well-lit home will make you feel more welcoming and attractive to those who pass by it or stop in to visit. Anyone who plans to host outdoor activities will need exterior lighting. Exterior lighting can also be an additional safety feature. Even a few small changes can make your home safer. Home buyers are beginning to notice the importance of exterior lighting, whether it is for entertaining or hosting a party. Exterior lighting is relatively affordable at $50.00 per fixture. Although the price of more expensive fixtures can go up, the bottom line is that it can still be done at a reasonable cost.

Walk-in Pantry

What are the most important features for home buyers? This is the most important feature for home buyers. Walk-in pantries can be a great way for a home to have more space. A walk-in pantry can cost anywhere from a few dollars to a large sum. The style of your home will determine the price. Luxury homes, for example, will need larger pantries to meet their needs. Owners can spend upwards of tens to thousands of dollars on luxury walk-in pantries. Mid-range homes may be able to get something cheaper. A walk-in pantry is a must-have for 83.0% of today’s buyers. This makes the investment worth it. They also want more space than the current place they live.

 

It is important to tell your Myrtle Beach Real Estate Agent what is important to you and what you look for in a home. The remainder of 2022 will undoubtedly attract the attention of first-time home buyers. This leaves sellers with one question: What features are most important for home buyers? What are the needs of new home buyers? And what can sellers do today to meet their customers’ expectations? Sellers should not only offer a listing in a competitive market but also take note of the above amenities. Sellers should not only be able to find buyers with today’s most desirable home features, but they should also offer higher returns for their owners. Sellers have the responsibility to deliver if buyers are willing to pay more for the features they desire. 

If you are a first time home buyer looking for the perfect home, call Full Potential Real Estate, LLC today!

Full Potential Real Estate, LLC

Myrtle Beach 29579

843-236-0203

5 New Year’s Resolutions For Home Sellers

selling a homeAre you a homeowner whose planning to sell their home this year? You only get one chance to make an impression, regardless of market conditions and season. It must be memorable. There are some things you should do before selling your home. Here are five resolutions for 2022 that will help you sell your house quickly and at the highest possible price.

Set your listing date

You can schedule your listing date in advance so that you are aware of what to expect, how to plan and what to do when your house is up for sale. Moving to a new house and selling your old one to the right person requires a team effort from you and a professional real estate agent Myrtle Beach. Other professionals such as a lawyer and lender, a home inspector, and movers are also needed. This applies to anyone who is buying a house. Before you start anything, contact a seller agent to discuss your options and get advice.

Repair and replacement

You should inspect your property before you list it. Staining, cracking drywall, and defective light bulbs are all easy to fix and won’t cost you a lot. These things can have a significant impact on the offers you get for your house if they are ignored. It can be difficult to assess your home. Ask a friend to inspect your home and give you constructive criticism. A home inspector can be hired to inspect your house. The handyman will then do any repairs or replacements that are required.

Get Comparable Listing

Ask your agent to look at comparable listings at least three to six month before you list your house. This will give you a rough estimate of the price. Remember that many factors can affect the sale price of your house, including the size and interior finishes of the lot, the proximity to schools and parks, as well as proximity to public transportation. To ensure that your house is priced right to attract serious buyers, your real estate agent will inspect it before it goes on the market.

Get Rid of the Clutter

Your house will look smaller if it is cluttered. It all depends on how long you’ve lived in your home and what your lifestyle is like. De-cluttering can be difficult. Start small and work your way up. You can start in one room, then move on to the next. Be clear about what you need, want, and love. What are the things that you can live without? What are you left with after all this? You don’t need to take the items you don’t use as well as the items that make your home look messy.

Staging

You must stage your home when you are ready to sell it. To make it easy for potential buyers to envision themselves in your new home, you should keep your personal photos and other belongings out of sight. You should also store all non-essential belongings. Renting home furnishings can also help improve the interior of your home. You might be able to stage your home through your real estate agent.

 

Call Full Potential Real Estate,LLC if you are planning to sell your home!

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577

843-236-0203

https://fullpotentialrealestate.com

What Is A Listing Agent And What Can One Do For You?

listing agentFinding a Myrtle Beach listing agent is a must if you are looking to sell your house. What exactly is a listing agent? Although you might think of a listing agent, or real estate agent, as someone who puts a sign on your front yard and shows potential buyers around, there are many more.

Here are some tips to help you find the right agent for your area.

How to price your home with the help of listing agents

What is the value of your home? It’s not an easy question to answer. Although you can find an estimated value online, it’s not possible to fine-tune the information. That’s where a good agent can help.

The stakes are high. If you price your home too low, you can lose a lot of money. It’s not a pretty picture if you price it too high. Although it might be tempting to hire an agent who promises he can sell your house for a lot, overpricing could cause your home to languish on the market for months or even decades. This could make buyers question your home’s condition and lower your asking price.

A listing agent will assess the sale prices of comparable homes in your area and recommend you accordingly.

How to sell your house using the help of a listing agent
A listing agent should give you a detailed marketing plan that explains how she will sell your property after you have determined an asking price. The following should be included in your marketing plan:

If necessary, recommendations for home improvement or staging. These alterations may be time-consuming and costly, but will increase your chances of selling faster and for a higher asking price.

Hire a photographer to capture your home’s best qualities.

Add your home to the Multiple Listing Service. Home buyers and agents can view your property, and decide if it’s worth their time to visit.

How listing agents negotiate with buyers
The listing agent will present the offer to you once you have received it. They can also advise you if there are any negotiations that need to be made. If you receive an offer that is significantly lower than the asking price, your instinct may be to decline. A listing agent may be able negotiate with buyers to bring the price up to a reasonable level. If the buyers are unwilling to compromise, they might find other ways to sweeten their deal, such as a quicker closing date or waivers of contingencies. These compromises could save you thousands of dollars.

How to choose the right listing agent
Do your research to find the right agent for you. Do not just go with the first agent that you meet. Ask at least one agent to meet you and get to know them.

These are questions you should ask prospective agents:
What number of homes have you sold in this region? How long ago was it?
What price range do most homes sell for?
Are you able to give me advice on the condition of my house and how it could be improved, so that I can sell my house for a higher price?
What’s your marketing strategy?
Do you have any recommendations for photographers, contractors, or moving companies?
Are you a member of the National Association of Realtors(r). (Realtors must adhere to the group’s code ethics.
How often will we touch base?

How much are listing agents paid?
Listing agents do not receive any commission if your home is sold. The typical agent commission for a home that sells is 6%. This is split between the buyer’s agent and the listing agent. Although this may seem high, consider the following: On average, an agent will spend nine hours working behind-the scenes for your benefit, every hour he spends with you. Listing agents work hard to get that commission and sell your home.

If you are ready to list your house, call an agent from Full Potential Real Estate, LLC.

Full Potential Real Estate, LLC
Myrtle Beach 29579
843-236-0203
https://fullpotentialrealestate.com/

How To Hire A Reliable Listing Agent

real estateTwo major mistakes homeowners make when it comes to hiring an agent for their listing are: They base their decision on the house’s highest price and the lowest commission.

The seller might initially say, “Are you crazy?” Sellers will often want to get the best price and the lowest commission. These criteria are not relevant to hiring a competent and reliable listing agent. They are often completely irrelevant in many cases. Let’s discuss why.

Highest Suggested List Price

Myrtle Beach Real Estate agents can’t tell you how much your home is worth. This is a mistake. Listing agents can provide you with comparable and pending sales as well as active sales. You can choose the sale price, and buyers will let you know if it is fair. An agent will recommend the price range that is most likely to attract buyers. The buyer will decide what happens next.

Agents can distort the truth to get the listing. Because real estate agents cannot guarantee sales prices, it is possible for a listing agent to recommend the highest price. Ask the agent for supporting numbers to support their suggested listing price. If the agent doesn’t have stats or the sales were in a different area, it may be a red flag.

Look for a listing agent that can provide a price range. The spread may be higher or smaller than the $10,000 difference between the high-end and the low-end. The range is determined by many factors, including market temperature and improvements to the home.

Pricing is an art form. The best time to make an offer is typically within the first 30 business days of it being on the market. The ideal time is 21 days. It will be easier for you to receive an offer if your home is correctly priced. If it is priced too high, buyers won’t be interested in your home. You will end up lowering its price and leaving them wondering if there are any problems with the house.

Choose an agent based on commissions

Each real estate agent is different. Each agent has their own strengths and weaknesses. Remember that only 10% of agents will manage 90% of the business. Each agent has its own marketing budget and techniques. You will be more likely to get a deal if you choose an agent who has a large advertising budget and can use company dollars to complement it. You will be more likely to get an offer if you can reach multiple buyers.

Why would an agent work harder than their competitors? A broker or real estate agent may discount a fee for a number of reasons. Sometimes, it’s the only way a real estate agent can compete in today’s highly competitive market. Without it, the agent won’t be able to stand out among the rest of the competition in terms of knowledge, service or negotiation skills. If the only benefit an agent offers you is a low fee, then you should ask why. Is he desperate to get your business? Are they unqualified? Do you want to work with a desperate agent?

Sometimes full-service agents can negotiate a lower commission in certain circumstances, such as:

If you are selling and buying a house simultaneously, both transactions will be handled by one agent. Although I don’t offer discounts like this, there are agents who do.

You’re willing to do the marketing and advertising work, as well as pay for all expenses associated with the sale.

Agents would prefer the signage and overcharge a full commission.

If you’re interviewing agents that offer similar services but are unable to decide between them, ask if they can show you their track record. This includes the original list prices and final sales numbers. You will find that the lowest-paid agent will offer you more price cuts and longer DOM. The difference in charges between agents who charge 6& and 5% is only 1%. Consider how you would fare if your house is sold by a lower-cost agent who can’t afford to market it actively.

Marketing Agents is Important

Marketing is the only way to make a listing agent a success. Because marketing helps them sell houses. Make sure to read every page of the agent’s marketing plan. What is the agent looking to accomplish in selling your home? These are some of the most important:

Lock box, Electronic tracking daily of lock box access, Professional signage that includes the number of the agent, Incentive for broker previews, Staging advice, Virtual tour, Targeted digital marketing, Distribution to Websites, Flyers for buyers, Four color flyers, and Open houses.

Remember that there is no one strategy that sells homes. You will always need to use a combination of these strategies to market your home.

A Good Listing Agent

Your listing agent will establish a special business relationship for at least one month. Choose an agent that you like, and someone you feel comfortable with. These are some of the traits that sellers expect from their agent: Experience, Education, Honesty, Networking, Negotiation skills, and be a Good communicator. 

Ask for a personal guarantee. Do not hire an agent if they do not promise performance or will remove you from a listing.

Call Full Potential Real Estate, LLC if you want to work with a professional, reliable, and competitive listing agent.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577

843-236-0203

https://fullpotentialrealestate.com

The Guide to a Successful Open House

selling a homeAre you thinking of selling your home? Open houses can be a great way to generate a lot of potential buyers in a very short time. You also have a greater chance of getting a deal from one of them. It is crucial to plan for an open house before selling a home.

These are Five Simple Steps to Make Your Open House a Success

Make a complete list

When your home is marketed by a Myrtle Beach real estate agent, you should also take stock of all your assets. You should list all the current improvements and all its benefits. You should not only list the positive aspects, but also consider the potential selling points such as a game room, a garage with three cars or a basement that could be easily converted into additional space.

Include visual charm

Even a small financial investment can yield huge profits. Make sure your entrance lights and numbering are in good condition so that customers can find your home easily. Repair any broken or missing pavers. You can improve your landscaping design by planting flowers in the entrance or adding privacy trees. 

Organize your home

You’re familiar with the routine: throw away, reuse and throw in the wash. However, this moment can be extended to include a variety of additional actions. Place valuable antiques and fashion jewelry in a safe. If your home feels cluttered, you can remove any other furniture or items. You can store the large coffee table or the extensive rock collection of your children in the garage until you have finished the open house.

Clean up

You will be asked by your agent to ensure that your home is clean and tidy. Before you host your first open house, do a thorough cleaning. It will be maintained in great condition throughout the marketing and revealing process by regular quick touch-ups. It is especially important to keep your home’s windows and mirrors clean. This will allow you to make the most of the natural light.

 

Make your home feel cozy

Adjust your heating or cooling to a comfortable temperature before the open house. Let the sun shine through the curtains or open the blinds. You can set the table with attractive tableware, flatware, and paper napkins. As a centerpiece, place a beautiful arrangement of flowers.

Ask your Myrtle Beach buyers agent how the open house went. What kind of responses did she/he receive? What did the audience like and dislike? What should you do to increase your house’s visibility? You can learn from your feedback and improve your next open home.

 

If you need help  setting up an open house in Myrtle Beach and its surrounding areas, call Full Potential Real Estate, LLC.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577

843-236-0203

https://fullpotentialrealestate.com

Tips To Sell Your Home Quickly In Myrtle Beach

buying a homeSome homes in Myrtle Beach do not sell quickly. Some homes remain on the market for several months. Real estate professionals say that if a house doesn’t sell in six weeks, it is likely that there are problems with the location, price, or condition.

Collaboration with your  real-estate agent is an important factor home sellers need to consider. It is important to work with an experienced and trained real estate agent when selling a home. Your agent and you should be on the same page. You both have the same goal: to sell your house quickly.

 

It all comes down to location, price, and condition

Most home sellers don’t realize that home buyers can lose interest in a house after it has been listed for only a few months. The house can appear to be overpriced or flawed. They will usually move on to the next property and skip your listing.

This can be avoided by reviewing your listing and making necessary changes to the property’s price or condition. This is the best way to go. Remove the house from the MLS, and then make any necessary repairs or improvements. These improvements should be highlighted when you create a new listing.

When planning for repairs or renovations, work with your agent. Sometimes you don’t have to make major changes. Remember that staging and de-cluttering can make it easy to sell some Myrtle Beach homes.

You and your agent can reduce the house’s price if you feel that there are no other improvements or changes you can make to improve the property’s appearance. You should ensure that the price you choose is still fair. You can compare the prices of similar houses in the same area to help you determine a fair price for your home.

You cannot change the place. But, you can highlight the strengths of your home’s location. Is the home close to public transport? Is it safe and conducive for children with small hands? Make sure to mention any nearby attractions like parks or farmers markets in your house listing.

 

Collaboration with your real-estate agent

Myrtle Beach homes that sell quickly are those where the sellers and agents work together – from staging and decluttering to sales strategy and marketing. Your real estate agent and you must agree on all decisions. While you have the ultimate decision, it is important that you and your agent agree to discuss your options. Remember that you hired a professional Myrtle Beach real estate agent to help you sell your home. They have years of industry experience and are most likely to have the answers to every problem that comes with selling a house.

 

Looking for a real estate agent to help you sell your home? Call Full Potential Real Estate, LLC today!

 

Full Potential Real Estate, LLC

Myrtle Beach 29579

843-236-0203

 

Tips For Selling Your Home In A “Hot Market”

selling a homeA hot market might be interpreted as easy money and quick sales for real estate sellers. A hot market is one that has low inventory and lots of buyers searching for the perfect home. A hot market can often result in a quicker sale and a higher asking price. There also are some downfalls falls that house sellers in hot markets need to be aware of before the money starts rolling in.

Stage Your Home and Property

A hot market means that homes with quirky or outdated features sell faster than usual. Buyers become more desperate to buy a home and are more open to overlooking cosmetic flaws and may even be willing to pay more for repairs such as a roof or windows that are old.

Sellers in hot markets have a greater chance of selling their home “as is” without needing to make major renovations. You, the seller, should discuss with your agent whether you make significant repairs to the property before it is listed.

Even in a hot market, home staging is a good idea. Staging is the best way to get multiple offers for your property immediately after it has been listed. Buyers are motivated by emotions and first impressions in a hot market and need to act quickly. Staging your home is a great way to get someone to fall in love. It will make it stand out from other houses and offer it an advantage over others that may be on the market.

You don’t have to stage if you are unable to. However, it is a good idea to de-clutter and clean the property thoroughly before showing it.

Place your disclosure and other paperwork in order

Hot market properties tend to sell faster and have shorter deadlines in the contract. You need to be ready to present all information regarding your home to potential buyers immediately. To ensure that buyers get a complete picture of your property, you should have it inspected before listing it.

Before the house goes on sale, make sure you have all your disclosure documents ready. A buyer will be more comfortable making an offer if you, the seller, are fully prepared to sell.

You or your agent may also want to set up a title company depending on the market. While many contracts allow buyers to choose the title company, it is helpful to have a reliable, efficient title company “on hold” for them so that the process can move faster towards closing. While a buyer may still wish to change the title company they choose, most buyers will simply go with the seller’s preferred title company.

 

Marketing your House: Don’t Forget the Professionals

In a hot market, many sellers will be open to selling by owner. Although there may be many buyers for the house, it is important that sellers don’t give up on professional expertise. Find a Myrtle Beach real estate agent for help with your contracts.

Buyers are more inclined to hire an agent to find homes to sell if there is a shortage of inventory. This can be either immediately after listing or before the property goes on the market. Agents are usually looking for new listings through their portal  or speaking with other agents to locate them. Although some agents may search Craigslist or want ads, they are usually the exception to the rule. To get maximum exposure for your sale you should hire an agent to market your property to the many buyers who are looking.

 

Take the time to make a decision on all purchase offers

Place your home on the market carefully. You should ensure that you are available to review all offers within a reasonable time when the property has been listed. Advertise a deadline for all offers. This will let you know when you must be available to review all offers and make a decision. It can be time-consuming so don’t get caught unprepared! ).

You should respond to all offers within 24 hours. If you are certain that you will not accept certain offers, inform the buyers as soon as you can so they can continue their search. You must promptly counter-offer if you intend to do so. The negotiation process can take up to 24 hours.

Be wary of the “perfect offer”. Sometimes, pressure buyers will make promises that they won’t be able to keep in order to “capture” your home and place it under contract. It sounds too good to be true? The buyer may have unexpected difficulties keeping the contract.

Open communication between agents is the best way to avoid this. Talking with the buyer’s agent is a good way for a seller’s agent to gauge the buyer’s ability and stability. A lender can also pre-approved and vet the buyer. Sellers in hot markets may require that buyers are pre-approved by the lender they choose, even if they end up working with another lender.

You should be ready to move quickly

Buyers in hot markets are more likely to purchase with cash. Your buyer may not require a loan approval. This would significantly reduce the time that your property is under contract. You will close quickly if you accept an all cash offer.

Before you put your property up for sale, get mentally prepared. If you don’t find another property that suits your needs, it might be a good idea to rent. 

Appraisal problems can be tricky.

It is not uncommon for hot markets to happen quickly. Appraisers may compare your property with properties that were sold less than a year ago. An appraiser may need to search many years back to locate comparable sales, even if no properties have recently sold in your area. These sales will most likely be for much less than your current offer.

This can be a problem for sellers. A property that doesn’t appraise at the asking price will not be eligible for a loan. It is possible to reduce your sale price or find buyers who will pay cash and don’t need an appraisal to close the deal. If a property fails to appraise or the seller refuses to lower its price, it is likely that the deal is over. The buyer will have no other options than traditional lenders to pay the purchase price.

 

Profit from the Hot Market

You should use the hot market to your advantage if you have exceptional circumstances. When inventory is low, buyers are more willing to make concessions for sellers. You have more bargaining power once offers are made on your property. This will allow you to make special arrangements for moving. Do not be afraid to negotiate. You are just as aware of the limitations of the market as your buyer.

 

Do not let your hopes get too high!

The market may be hot, but that does not mean there will be multiple offers.

You’ve probably heard of the house that sold in just three days for more than the asking price. You don’t know everything about the sale. Maybe there was something very special about that property that allowed it to sell quickly and for such a high price.

There are many factors that can affect the house prices in different areas. There are many factors that can make a property more desirable than others. For example, a well-designed home, plenty of light, decorator colors or mature fruit trees could all lead to buyers making multiple offers and high prices.

These might not be available in your home. You might not be able to offer these features if you sell in an up-market. Your home is more likely to sell at the asking price than if you were selling in a down-market. If you are one of the fortunate ones who receives more than you could have ever imagined from the sale, you can toast to that at closing with your selling agent!

 

If you need help selling or finding a home, Call Full potential Real Estate LLC Today!

 

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577

843-236-0203

selling a home

Enhance Curb Appeal Before Selling a Home

selling a homeMaximizing curb appeal is the best way for selling a home. Selling a home is easier if you have a high asking price. There are many options to achieve the desired results. Your property’s value can be positively impacted by a renovation of its exterior and interior.

These are some areas you can improve on to make your home more appealing for home buyers:

Tips when Selling a Home

The front door

It is important to give your front door a facelift. It’s the first thing potential buyers will see when they visit your home to take a look. A real estate agent will tell you to concentrate on certain visual improvements. It costs less than $100 to transform your front door.

The entryway The entryway to a house is often overlooked. To give your entryway a warm, inviting feel, it is important to put some lighting in. Your home will sell more easily if it is well-maintained. Properties that receive a lot more attention sell quicker than properties that are not properly maintained.

Add foliage

Leaflets are another great way to improve the property’s visual appeal. The appearance and feel of your house will be greatly enhanced by adding flowers and plants. This must be done correctly. To set up everything, you can hire a landscaper and a gardener. A well-designed home can be a great selling point.

Proper lawn care

As a home seller, you should also pay attention to lawn care. Proper lawn care is crucial for keeping your grass and shrubs in good shape. It is possible to hire a professional if you are unable to do it yourself. It may be expensive, but it will pay off in the long-term when you are ready to sell your house and get a good asking value.

Gutter maintenance

It might surprise you to see how dirty your gutters are. Regular gutter cleaning is important. This is to make sure that your roof is free from dirt and other debris that could cause damage.

Power washing

If your house is in good condition, a Myrtle Beach real estate agent can easily market it to potential buyers. Dirt will build up over time in your driveway and on the exterior walls of your house. All dirt can be cleaned up with power washing. It’s best to trust the pros. A wrong move with a power washing machine can cause damage to walls. It is important to keep your home in good condition when you are planning on selling it. You should also seek out Full Potential Real Estate’s expertise to list your house.

Do you want to sell your home? Give us a call Full Potential Real Estate, LLC now if you need professional help in selling your home.

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

SELLING A HOME: WHAT YOU NEED to KNOW About SELLERS’ DISCLOSURE.

selling a homeThere might be unfamiliar terms that you need to know when selling a home. The term “sellers disclosure” can be confusing for first-time sellers. What is a seller’s disclosure? And why is it so important? This article will address frequently asked questions about the subject.

This is what you need to know about the seller’s disclosures when selling a home

What exactly is a seller’s disclosure?

A sellers disclosure is a document that asks several questions about the property. The answers to these questions can be eithrer yes or no. The questions ask for descriptions of the property that may affect its value or influence the buyer’s decision to buy. Potential hazards, water damage, and pest infestation are all factors that could negatively impact the house’s value. When selling a Myrtle Beach home, this information must be disclosed. The disclosure gives buyers an overview of the property.

Do I have a legal obligation to disclose my seller’s identity?

Depending on where you live, the answer might be different. Some states have more stringent requirements. In some states, disclosure may be optional. The disclosure may be required in certain areas. It is also part of the contract for the property purchase. To learn how to proceed, speak to your real estate agent.

Do home improvements need to be disclosed?

It is important to mention any major home improvement projects that were undertaken. It is important to note whether all permits required for the project were obtained. Home repairs and minor home improvements are not required.

If the sellers have provided a disclosure, is a home inspection no longer necessary?

The short answer to this question is no. A home inspection is often a condition of a home buyer‘s purchase. You, the homeowner, should have a home inspection before you list your home. This will allow you to be aware of any problems that may exist.

What happens if there are issues?

There are two options for homeowners if there are any issues after a home inspection. The homeowner can either sell the home as is or make an offer to buy it. This is provided that all issues are clearly disclosed in the contract. To make the sale more efficient and less complicated, the homeowner can choose to fix any problems.

What happens if I don’t disclose issues?

The answer to this question will vary depending on where you live. Buyers can usually opt out of the deal if there are any issues prior to closing. If the buyer does not close and discovers the problems, they can sue the seller. Hire experts such as Full Potential Real Estate to avoid any legal consequences.

Can I sell my house as-is?

It is permissible to sell a house as-is in certain areas. This is a great way to quickly get cash when you need it. You will need to share all information about the house, including any hidden issues.

Only the best Myrtle Beach real estate agents are available. Full Potential Real Estate can be reached at (843) 236-0203.

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

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