Found 3 blog entries tagged as seller's market.

A real estate transaction can be an emotional roller coaster, especially for first-time buyers. A home is not an everyday purchase—you’re buying your future, the place where your kids will grow up and a lifetime of memories will be made. And a house has a much higher price tag than anything else you’ve ever bought. That alone can be scary. The money and emotions make up a big cocktail of stress. A study commissioned by homes.com shows that first-time buyers find the process overwhelming;   

  • 1 in 3 buyers cried during the process. 
  • 2 in 4 experienced anxiety. 
  • 44% of buyers felt nervous throughout the process. 
  • The average buyer had four arguments. 
  • 2 in 5 described buying their first home as “the most stressful event in modern life.”

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The market is tight as inventory is low, and there are many buyers circling to get into the game. Right now it's fair to say that we are knee deep a “Seller’s Market” in the South Carolina Lowcountry and that one needs to be very savvy in order to have their offer accepted. 

There is an art to writing an offer and having a strong, knowledgeable Realtor makes all the difference. Coming in aggressively and locking down a property before multiple offers are presented usually lands you the best opportunity and the desired home. Dancing around the obvious might cause a purchaser to end up with their disappointing second choice. 

  • Go in knowing your bottomline and where you are comfortable walking away from the transaction without any regrets. Don’t…

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When inventory is low and eager buyers are driving prices up, how can a seller best strategize for a successful home sale--and avoid pitfalls?

Real estate sellers might think that a “hot” market means fast, easy money for their home. After all, a hot market means low inventory combined with lots of buyers looking for the perfect place. In many instances, a hot market does indeed mean a faster sale at or above asking price. However, there are some pitfalls that a house seller in a hot market needs to be aware of before watching the money roll in.

Get Your Home and Property Ready to Show

One of the “lucky” aspects of a hot market is that outdated or quirky homes sell more quickly than they otherwise would. As buyers become more and more…

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