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Archive for February, 2015

VIDEO: How to get yourself ready to sell this spring

Friday, February 20th, 2015

Today I wanted to give you some tips on how to put yourself in the right mindset in order to sell your home. I’ve often said that the Myrtle Beach real estate market is a beauty contest and a price war. Today there is a whole lot more competition from new construction along the Grand Strand, probably than we’ve seen in 8-10 years.

For you this means you’ll be competing with brand new homes, and you’re home will have to be near-perfect. You’ll need a professional stager and perhaps some fresh paint inside and outside. Do whatever it takes to get your home ready. Invite a close friend over and have them critique your home as a prospective buyer. When we live in our homes, we don’t recognize the obvious flaws in them.

Get into the buyer’s mindset when getting ready to sell. What would you look for in a home? What things would stick out to you? You need to ask yourself these questions when you prepare to list.

Now, some important trends that home buyers can expect are continued low interest rates and easier financing from Freddie Mac and Fannie Mae. Rates are historically low and lower requirements for down payments will increase your buying power substantially. This is an excellent opportunity for first-time buyers. Keep in mind that you have a lot of choices between used homes and new construction homes.

If you’re selling, then you can expect a lot of buyer activity, but you also must remember that there is going to be a lot of competition. Do your research and find out more about your competition. Know what’s selling in your neighborhood and be sure to compete with the right price. Pricing your home is crucial, because it’s your chance to make a good impression on a buyer.

As always, if you have any questions related to the information above or if you have any concerns about real estate in the Grand Strand, be sure to contact my team or me. We would be proud to serve you.