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Tag Archives: Agents in Myrtle Beach

Tips On Finding Your Dream Home

buyers agentMost people view each home purchase as a chance to buy a dream home. Their first home is their dream. Every acquisition represents the stage in which the household is at. Many home buyers once dreamed of dream homes, as well as homes built by exceptional home contractors. Many neighborhoods offer dream homes by top home contractors that are affordable for most home buyers. Find a Myrtle Beach Real Estate Agent to help you find what your looking for. These are five tips that will help you find your dream home.

1. Set up a budget

There are many types of homes to suit different stages of life. It is easier to choose the right residence or alternative by knowing what you can afford in terms of overall mortgage repayments. A home builder has the advantage of negotiating about the features and not just the cost. This allows for a simpler selection process.

2. Get to know the market

There are many home contractors. It is important to recognize which home contractors’ designs fit with your home. It is also important to know which contractors are still in the area during the home-buying process. It is important to know the location of your chosen contractor when choosing a plan for home building or in the neighborhood.

3. Establish a relationship

A real estate agent or a builder is almost always involved in the home buying process. No matter the specialty, forming a partnership helps to open up lines to interaction and settlement. It also gives you a better understanding of the process, timeline, and what to expect.

4. Zone

Find the best area or community for you. Many people find that suburban areas have lower tax obligations. Some people find that mass transit in cities is easier. There will be many options for you to choose from when it comes to your dream home. These are not essential elements, so don’t think you have to compromise. A lot of home contractors will create an area that has a variety of preferred qualities, such as comfort to major roads, zoning for favored institutions, and area swimming pools.

5. Know what you want and what you need

Like any other significant purchase or decision, the list of should riches’ and top qualities of a home usually includes both needs and wants. It is important to recognize the differences between them in order to determine when and how to make the deal. The needs will change depending on your life stage. For a first-time home buyer, a house that is within a reasonable budget and still in an attractive location might be ideal. There may also be a chance to sell quickly. Senior citizens and vacant nesters may require a home with a low home mortgage, in an easy-to-manage home in a safe as well as pleasant location.

Call Full Potential Real Estate if you are looking to buy your dream home in Myrtle Beach.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577

843-492-4537

http://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
http://fullpotentialrealestate.com/

What Are Home Buyers Looking For In A Home?

buyers agentToday’s home buyers know exactly what they want, from tiny homes to modern and smart homes.  Home buyers are more conscious of the environment today, especially in areas where power efficiency and storage are important. Talking to a Myrtle Beach Real Estate Agent is a good idea. They can find you exactly what you are looking for.

Are you the same when it comes to home-buying?

According to a survey by the National Association of Home Builders, energy-efficient houses were voted the best by home buyers. Ninety-four per cent of respondents stated that they wanted energy Star-rated devices. At least 91 percent said that the whole house should be energy efficient. On the other side, 89 percent preferred home windows to be efficient and 88 percent were happy with ceiling fans.

 

Preferences of the Home Buyer

Every home buyer is different and each one has their own set of requirements. Buyer agents in Myrtle Beach might be interested in this. Here are some demands for today’s home buyers.

 

Cost Savings VS. Energy Efficiency

Eco-friendly homes are a top choice for today’s home buyers. It’s all about cost efficiency. The more efficient a home is, the less they pay for electric bills. According to the NAHB survey, 67 percent said they were concerned about the home’s effect on the environment, but would not pay more. However, 73% agreed that future energy costs would affect their decision to buy a home. Home buyers are more likely to spend $1,000 less on a home that will save them energy costs.

 

Huge Closets VS Storage Rooms

What is more important when it comes to storage than big storage spaces like closets, or an extra room for storage? It is important to have enough storage space to store everything. The survey revealed that 93 percent of respondents wanted a utility area, while 90 percent only desired extra storage for their bed linens. Other home buyers preferred a walk-in pantry in the kitchen. 57% of home buyers who wanted a utility room felt it was essential and would not consider buying a home without one.

Today’s home buyers are looking for bigger garages that can hold 2-3 additional cars. The garage space is being used by home buyers not only for their vehicles but also as storage space. Around thirty-two per cent consider the garage storage area an essential space in their home.

 

Living Room VS Kitchen & Dining Room

According to the study, home buyers want to see more houses that make the dining and kitchen area the focal point of the house. Today’s home buyers are passionate about entertaining their family and friends by cooking and dining at their homes. Buyers today are looking for open layouts that allow the kitchen to be connected to the dining area and the living room.

No matter what your home preferences are, Full Potential Real Estate can find the right home for you and your family.

 

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577

843-492-4537

http://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

Questions First Time Home Buyers Should Be Asking Themselves

real estate agentFor first-time buyers, buying a house can be difficult. There are many requirements involved in buying a home. You may also be worried about making costly mistakes. First-time home buyers have some advantages that are designed to encourage new buyers in the real estate market.

The First-Time Home buyer Benefit

The American dream of owning a home remains a core part of the American dream. If you are not able to pay the minimum down payment or are part of a specific group, then you can access state programs, tax breaks and federally backed loans. Even if you are not an expert, you might be eligible as a first-time buyer.

The first step is to identify your long-term goals and how home ownership fits into those goals. Maybe you are simply trying to convert all your “wasted” rent into mortgage payments that will give you equity. Perhaps you view home ownership as an expression of independence, and like the freedom of being your landlord. A home purchase can also be an investment. 

Do a thorough evaluation of your finances before you start looking online and falling in love with the home of your dreams. It is important to prepare for the home purchase as well as the ongoing costs. This audit will help you decide if you are ready to make this big decision or if there are more things you can do to prepare. Once you do this, you can contact a real estate agent

 

Take a look at your savings.

Do not consider purchasing a home until you have a savings account that covers three to six months of your living expenses. There will be significant up-front costs when you purchase a home. This includes the closing costs and down payment. Not only do you need to save money for these costs, but also for an emergency fund. It will be required by lenders.

 

 What type of home is best fit for your needs?

There are many options available when buying a home. These include a single-family home, duplexes, townhouses, condos, and multifamily buildings with 2 to 4 units. Each option has its advantages and disadvantages depending on your goals. You need to choose the type of property that will best help you achieve those goals. A fixer-upper can help you save money on any property, but it may take more time and effort to make your dream home.

What specific features would you like in your dream home?

Although it is important to keep some flexibility in your list, this is the largest purchase you will make in your life. You deserve that purchase to meet your needs and desires. You should consider the basics, such as size and location, and then go down to the details, such as bathroom layout and durable appliances. You can get an idea of the price and availability of properties that offer the features you are looking for by scanning real estate websites.

 

What amount of mortgage are you eligible for?

It’s important that you know how much a lender will lend you before you begin shopping for your first home. While you may believe you can afford $300,000. Lenders may say you are only eligible for $200,000 due to factors such as your income, debts, and length of employment. Many agents won’t spend time with clients who don’t know how much they can spend.

 

 What is the maximum amount you can afford to buy a home?

Sometimes, a bank will lend you more money than you actually want. A bank may offer $300,000. But that doesn’t necessarily mean you should borrow that much. Many home buyers who are first time buyers make this mistake, ending up “house poor” and having little money left over after paying their monthly mortgage payment. This is because they don’t have enough to pay for other expenses such as clothes, utilities, entertainment, food, and vacations.

 

Who will help find you a home and guide your purchase?

A Myrtle Beach Real Estate Agent can help you find homes that fit your criteria and within your budget. They will then arrange to meet you to show you the homes. These professionals can help you negotiate the purchase of a home once you have chosen it. They will also assist you with getting a loan and making offers. The expertise of a good real estate agent can help you avoid any potential pitfalls. A commission is paid out of the seller’s proceeds by most selling agents.

The bottom line

This overview should guide you in filling in the gaps in your knowledge about home buying. It is important to be as informed about the process as possible before you start looking for houses. You’ll feel confident that you have successfully completed a major life step.

 

If you are a First Time Home Buyer ready to buy a home, call Full Potential Real Estate, LLC!

 

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