Selling Myrtle Beach Homes | Myrtle Beach Homes | Carolina Forest Homes

Feb 26 2016

Selling A Myrtle Beach Home- Handling Lowball Offers

When selling a home in Myrtle Beach, you can sometimes receive offers on your home that are well below the asking price. As the listing agent, it is required that we present any and all written offers that are made on a listing.

That means if a buyer makes an offer that is $50,000 under listing price, we have to present the offer to the sellers. This type of thing normally happens when a buyer is just testing the market and wants to see if they can “steal” a property for well under market value.

When this happens, my suggestion is to counter back to the offer with a ridiculous counter as the original lowball. So if your home is listed at $200,000 and the offer comes in at $150,000, I would suggest countering back at $250,000 explaining to the buyer that your overpriced counter is as ridiculous as their lowball offer. Hopefully after the quick charade, the buyers will make an offer closer to the list price and you will be able to come to a ratified contract price that both parties will be happy with.

For more information on selling your home and to learn more on how my marketing plan can expose your home to over 37,000 people in the first 24 hours of your home being listed, contact me today.

Feb 22 2016

Selling A Home In Myrtle Beach- The Appraisal

When selling your home in Myrtle Beach, one of the common problems that can arise is over the appraisal. What happens when the home doesn’t appraise for the amount in the contract?

While this may come as a surprise, with a strong growing market again, we do have some issues that can arise where a home does not appraise for the amount agreed upon in the contract. When this happens, what do you do? Well, there are a few options of what can be done when the home doesn’t appraise for the full amount agreed upon.

In this situation, the first thing that can happen is that both the buyers and sellers agree to lower the contract price down to match the amount of the appraisal. If this happens, both parties would need to sign off on the changes and the transaction continues moving forward at the lower price.

If the sellers do not wish to sell their home for the lower price, then the buyers have two options. The first is to walk away from the deal and all moneys become refunded as long as the contract was contingent upon financing and an appraisal. The second option for the buyers is to continue forward with the purchase at the higher price, but they would need to bring whatever the difference is to the table as additional money since the bank will not lend more than what the home appraises for.

The buyers would need to acknowledge that they are purchasing a property for more than it’s appraised value and that they are willing to spend more money for the home than what it is actually worth. While this doesn’t happen often, it does however happen from time to time when the purchaser finds a home that is exactly what they want, then they will sometimes pay more knowing the value isn’t always there. Once again, an addendum would need to be done to reflect all these changes and signed off by everyone prior to closing.

If you are thinking of selling your home and would like more information on how my marketing program can help expose your home to over 37,000 people in the first 24 hours of being listed, contact me today!

Feb 17 2016

Selling a Myrtle Beach Home- The Closing Date

When selling a Myrtle Beach home, a typical issue that you can run into is the closing date being changed. While there are several things that can affect the date on which the property closes, some of the more common reasons can be that the lender needs to delay closing because they aren’t able to finish the loan on time.

Another thing that can slow down or change the closing date is the home inspection. Sometimes items come up in the home inspection that can slow down the closing date because of repairs needing to be completed. If it takes two extra weeks for a part to come in, the new buyers may not want to close until they know all the repairs have been completed.

A third reason the closing could be delayed is due to the attorney. Sometimes the attorneys have too many closings already scheduled for the day and don’t have a time slot available to close on the day originally scheduled, they may need to move it back a day or two.

The main thing to remember in these situations is although the closing date might sometimes get delayed, delay does not be denial. It simply means it might a day or two longer till the actual closing happens and you get your money from selling the home. So if you experience a delay for one of these reason, there no need to panic, closing will still happen.

To learn more on selling your Myrtle Beach home, contact me today and find out how my marketing plan can get your home exposed to over 37,000 people online in the first 24 hours of your home being listed for sale.

Feb 16 2016

Selling a Myrtle Beach Home- Unexpected Showings

So you have your home for sale in Myrtle Beach and your listing agent has just stuck the sign in the front yard. You have already painted all the walls & cleaned the house to perfection for the upcoming showings. But, what happens when someone shows up at the door wanting to see your home without an appointment. As crazy as this sounds, it is something that happens fairly often.

People are out driving the neighborhood and see a new sign in the yard. They quickly look up the property on their smartphone and the awesome photos your listing agent took make them have to see the property. They become so excited that this might be “the one” that they jump out of the car and rush to your door asking to view your home. When this happens, I would suggest you direct the person to contact your listing agent and not allow them access to the home. You never know if that person is legitimately interested in your home or if it someone who is going to rob you.

When you list your property, ask your agent for a stack of cards and keep them handy. Simply hand them a business card and let your agent handle the showing. Your safety isn’t worth a showing. They can schedule something for later that day or the next with your agent. Your agent has ways to verify that the person is serious about purchasing a home and knows the questions to ask to keep you and your home safe.

By having them schedule the showing through your listing agent, you can have a level of protection for you and your family. For more on the things I provide when selling a home in Myrtle Beach, contact me today! Let my marketing system that exposes your home to over 37,000 potential buyers in less than 24 hours work to help get your home SOLD today!

Feb 15 2016

Selling a Myrtle Beach Home- Leave During Showings

When selling your Myrtle Beach house, one of the biggest tips I can give to clients and to leave prior to the showing and leave the house vacant. The potential buyers want to have the ability to view the house freely without someone listening in or looming over their shoulder.

When the sellers are home, the potential buyers will not want to spend as much time viewing the home. Also, they will not speak freely as they don’t want to take a chance of offending the sellers. The best option is to leave the property and let the new buyers view the property with freedom with their agent.

If you have pets, I suggest taking the dog for a walk around the neighborhood, or loading them into the car and going for a drive. Also, there can be major liability to the potential sale of your property if you get into discussion with the buyers and their agent. While you think you might just be helping your cause by talking about how desperate you are to get this home sold because you have an offer on another property already, it can actually backfire on you.

The buyers & their agent will see that as someone desperate to get their home sold and they know you are on a tight timeline. They might offer you much less then because they know you are in need of a quick sale to keep from losing another home. If you are not present during the showing, then you won’t have anything to be concerned about with potential buyers or making them feel uncomfortable in your home.

If you are considering selling your home, contact me today to learn how my marketing plan can get your property exposed to over 37,000 people online within the first 24 hours of being placed on the market.