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Nov 12 2014

5 Things To Under $200 To Help Sell Your Myrtle Beach Home Faster



Today I wanted to share 5 simple things you can do for under $200 to help sell your Myrtle Beach Home faster.  The reason for this post is that I was watching HGTV the other day and on the show the agent was recommending the sellers spend close to $30,000 in renovations including moving walls in the house, upgrading the entire kitchen, and replacing the master bath.  As I watched the show I kept thinking to myself that while on TV the sellers have an extra 30K sitting around as well as a full crew to do all this major construction in under two weeks, what about normal sellers?  Most don’t have that much extra cash to afford these types of major expenses when selling a home.

That being said, I began to think about what types of projects could any seller do on their home that would be affordable and help to sell the home for a higher price in a quicker time period.  I came up with the following 5 things:

pansies1.  Freshen up the landscape.  A couple bags of $3 mulch and some seasonal flowers can make a dramatic difference to the front of a home.  Adding some $3.00 seasonal flowers framing the entrance to the home can make a huge difference to curb appeal.  Also, make sure to keep the grass cut and well manicured.  First impressions matter!

Estimated cost $50-$150.  Time: A Saturday afternoon.

2.  Pressure wash the exterior.  Borrow a neighbors pressure washer or hire a professional to clean the exterior of your home.  Washing off a layer of dirt and grime from the outside can definitely help.  Here in the south with our warm humid climate, houses can get a layer of green mold in a matter of months.  If you own or can borrow a machine you can do this task in a matter of hours.  Make sure if you use chemicals that they do not contain bleach or your flowers and grass will die wherever the water touches them.  Or you can hire a professional to do it for around $100-$200.  *pro tip* If you hire a professional, see if they can also do the concrete patio & driveway.  You don’t realize how dirty the concrete is until you start cleaning them.  

Estimated cost: FREE- $200 Time: 2-3 Hours

Time to start painting3.  Give the front door a fresh coat of paint.  The front door is the gateway to the inside of your home.  If the first impression someone gets when reaching your front door is an impression that is dirty with peeled paint and all scratched up from a pet, it sets their mentality for the rest of the house.  You might already own the paint to do this task or can buy a small container at the local hardware store for little money.

Estimated cost: FREE- $25  Time: 30-45 minutes

4.  De-Clutter.  This might be the biggest thing you can do when selling your home. Some of the clutter you can place in the garage, but if you have too much, you might need to rent a storage unit or one of those PODS to store some of the “stuff” that is all over the house.  By removing clutter you will make the rooms feel larger and and more inviting.

Estimated cost: FREE- $100/month Time: A few hours

two person tub with tile surround5.  Clean, Clean, Clean!  You would think this one is a given, but you would be shocked how many people won’t give their home a good cleaning when they place it on the market.  A few areas to pay extra close attention to:

  • The Range/Oven- Do the self clean function to handle inside the oven.  Then, if your cook top is coils, go to the store and buy brand new inserts.  These shouldn’t cost more than $10-$20 but make the range look much more appealing.  If you have a smooth top range, then buy a bottle of Cerama Bryte and make the range top look like new.
  • Toilets/Tubs/Shower-  Next to the kitchen, the bathrooms are the next place buyers pay close attention when purchasing a home.  If the shower glass and tub have a layer of soap scum, use a Magic Eraser to clean off the layer of soap scum quickly and easily.
  • Carpets/floors-  If you have carpet in your home, you might want to use a carpet cleaner on those accidental spots.  You can either borrow one from a friend or rent one from several stores for under $100.

A clean home will keep people in the home for a longer period of time.  The longer the buyer stays, the more they will remember about your home.

Estimated cost: Free- $150  Time: 3-4 hours

So there you have it, 5 simple things you can do on your own for under $200 that can help your Myrtle Beach home be more appealing to buyers and hopefully sell in a faster time period.  If you own a property here in Myrtle Beach and are looking to sell, feel free to contact me to learn how I can help your home get sold with my online marketing plan.

 

photos by: & ,

Written by Jeremy · Categorized: Selling Myrtle Beach Homes · Tagged: myrtle beach real estate, selling my myrtle beach home

Oct 09 2014

Protect Yourself From Identity Theft When Selling Your Myrtle Beach Home

When selling your Myrtle Beach property it is imperative that your your home and your belongings are as safe as possible. There are professional theives that contact agents to view homes. They obviously are not wanting to see these homes to purchase, but to see what type of items they can pick up.

They may have visited during an open house, or seen a picture online of the home and think this home may be a good target. As an Myrtle Beach real estate agent, it is our duty to try and keep everyone together when showing a home, but if there is an entire family along, it is virtually impossible to keep an eye on everyone. The really good pros have partners that they visit with, or even bring along children to help cause distractions.

So, below are a few tips to help keep your house safe.

Diamond Ring1. Put away all jewelry. If there is jewely laying around on a dresser or nightstand, it is a very big & easy target for someone to pick up. Either put the precious gems in a locked safe, or if you do not have one, place the gems in either a drawer or in a box. A safe place to place them is in a shoe box in the closet. Or, put in a flat envelope that you can hide in between stacked sweaters on a shelf.

There are plenty of ways to hide them. The key is to make sure they are out of site.

junk mail2. Hide the credit cards & bills. With the identity theft on the constant rise, it is crucial that any type of credit cards or mail that you have is secured. Place any mail or cards in either a filing cabinet that can be locked, or in a desk that can be locked. Crooks can be sneaky and will try and find a way to get alone in a house.

3. Remove the Personal Pictures. It is a good idea to put away any personal pictures. One of our clients that is a single woman was very uncomfortable having her house listed for sale because of safety.

One of our suggestions to her was to put away all the pictures that were just of her and only leave out the ones of her with her one cousin. Nobody knew if it was a husband, or relative. This gave her peace of mind.

cash4. Put away your money!  You would think this one would be a no brainer, but I cant even begin to count the number of times I have gone to show homes that have had money sitting around on the kitchen table, or on a dresser, or nightstand. Sometimes there have been rather large amounts of money there too!

Like your jewelry, put this in a locked safe, or safe hidden place.

RX bottle5. Hide anything with your name, address, phone number, social security number, etc… Just the other day I walked through a home that had prescription bags on the refrigerator with the persons name, telephone number, social security, and address. Some that you may not think of would be the kids softball schedule, or your nursery schedule for church.

These all have enough information that someone could use to steal from you.  All they need is your name & phone number, they already have your address, and it can be a giant nightmare.

Here is a funny video, but I think gets the point across as to what could happen!

These are just 5 simple ways to protect yourself when selling your home. If you are currently thinking of selling your home, do not hesitate to contact me.

photos by: & , ,

Written by Jeremy · Categorized: Selling Myrtle Beach Homes · Tagged: myrtle beach homes, myrtle beach real estate, myrtle beach realtor, selling a myrtle beach home

Aug 25 2014

How Much Earnest Money Do I Need To Buy A Myrtle Beach Home

MoneyOne of the questions that arises on a regular basis when helping someone buy a Myrtle Beach home has to do with earnest money.  First, what is earnest money? Wikipedia gives a wonderful definition of the term here.  Basically, it is the deposit made towards the purchase of real estate and is part of your down payment.  In South Carolina, this money is held in a trust account of a real estate company or closing attorney.  It cannot be used by the real estate company for any other purpose.

So, here is the big question that normally comes up in regards to earnest money is How much should I give for earnest money?  People are looking for some sort of formula to calculate out how much is needed.  Unfortunately, there is no exact formula to determine how much for your offer.  Some use the 1% of purchase price principal, but that does not always work.  For example, if you are buying an $75,000 condo, you may want to offer more than 1% or $750.00.  In this scenario you may wish to offer $1,000.00.  On the other hand, it could be some sort of offer where you are limited on money for down payment at the time of making the offer and only have $500.00. This amount is something that can be negotiated just like any other part of the offer.

The key concept behind earnest money is that it is the money you use as part of a down payment and is given at the time of presenting the offer to show good faith or earnest in a property.  The more that you put down shows a higher level of genuine interest.  You do not want to put too much money down because you do run the risk of possibly losing that money.  However not enough can offend a seller. Here is an example.

A few years ago we had a gentleman in town that wanted to purchase a 22 unit motel that was for sale for $660,000.  The gentleman made a fairly reasonable offer on the property and wanted to close in a rather short time of just over 30 days.  He was supposed to pay cash for the deal.  So, when we asked how much he wanted to put down as earnest money, he stated that he didn’t have the money at this time, but it was “coming soon.” He never would tell us where he was getting the money or could provide us with proof of funds.  So we asked once again, how much would you like to use as earnest money.

DollarThe gentleman reached into his pocket and pulled out a dollar bill and slammed it down on the desk and said: “Here is my earnest money. And I am not putting another penny down!” A single dollar, that was his earnest money.  Needless to say when we presented the offer to the seller, they were not amused by this offer.  In fact, they were so annoyed that they flat out declined the gentleman’s offer.

This is a prime example where not enough earnest money caused a seller to not even want to negotiate with a buyer.  The reason the seller was so offended is that if the gentleman changed his mind about purchasing and walked away from the deal, the seller would only receive $1.00 for incurring all types of expenses for various tests, inspections, attorney fees, etc, all while taking their property off the market during that time.

Hopefully this clears up the issue of earnest money a little bit.  In closing, I leave you with this piece of advice in regards to earnest money.  Each and every market all around the US is very different in regards to how much is enough/not enough.  I would strongly urge you to ask a local REALTOR® for guidance when determining how much to give.

 

photos by: &

Written by Jeremy · Categorized: Buying A Myrtle Beach Home · Tagged: myrtle beach homes, myrtle beach real estate

Jul 28 2014

Preparing To Move Into Your Myrtle Beach Home One Month In Advance

movingA lot of people stress when it comes time to move into your new Myrtle Beach Home.  Most people only move a few times during a lifetime, so they are not always aware of all the things they need to do when moving.

To help lower the amount of stress, here is a brief checklist of items to do one month before closing on your new Myrtle Beach property.  In the next few weeks there will be follow up articles with checklists of items to do at 2 weeks before moving, day before the move, day of move-out, day of move-in, & after you are settled.

  • Clean out closets, attic, basement, etc… Take this time to start going through things and discarding things you don’t want anymore or have no need for.  For example, if you currently live in a cold weather climate, you can take that snow blower and place it for sale on Craigslist.  Our warmer temperatures in Myrtle Beach leave zero need for it.  Also, you can reduce down your winter clothing collection greatly.  Sell those items off and start your new boat fund.
  • Consider having a garage sale.  What to do with all that unwanted stuff?  Have a garage sale and sell the things you dont need anymore.  Maybe you are downsizing when you move and will not have the need for the extra furniture.  Host a garage sale or two and put some extra money in your pocket.
  • Goodwill StoreDonate unwanted items.  Some things may not sell at a yard sale.  Those items that are of any worth you can donate to the local goodwill, library, or thrift shops.  You can get a receipt for tax purposes.
  • Register children for school.  If you are moving to another school district, take this time to get children registered for their new school.  As moving day approaches, you won’t have time available and may forget this.Many of the Horry County Schools have information on their website.
  • Start opening new bank accounts.  If you are moving to an area where your bank does not service, you will need to find a new bank.  Most banks now have the option to apply online and can be done from your current residence.  Not having a local bank can cause issues with extra fees to try and do basic banking functions.
  • Contact your veterinarian.  Check with your vet for travel preparation for your pets.  Also, see if they have a recommendation for you to transfer to here in Myrtle Beach.
  • Notify post office.  Contact the post office along with any other publications of your change of address and the date it will become effective.  This can now be done online by clicking here.
  • Frozen FoodContact lawn service, security company, & other regular services.  Let these services know in advance of your vacating date so that they can discontinue service at that time and not charge you extra.  Nobody likes to waste money.  If you are just moving across town in Myrtle Beach, some of these services will just need to be transferred.
  • Use your frozen foods.  It is very difficult to travel with frozen foods.  They can be very heavy and there is not really any safe way of traveling with them.  Also, once you arrive at your new home, if you are bringing the refrigerator with, it could take up to 24 hours until it is cold enough to freeze items again which will result in major spoilage of foods.

So these are just a few great tips to help you prepare for the big day of moving into your new Myrtle Beach home. Are there any other tips you can think of?  Share in the comments below.

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Written by Jeremy · Categorized: Myrtle Beach Real Estate · Tagged: moving to myrtle beach, myrtle beach home, myrtle beach real estate

Jun 24 2014

The Importance Of Online Marketing To Selling a Myrtle Beach Home

Myrtle Beach Home For SaleIt’s no secret that selling your Myrtle Beach home can be a difficult task to do on your own.  With all the new regulations on financing, and laws in place.  With that being said, selecting the right real estate agent to sell your home is imperative.  One of the most effective parts of selling a home is how the property is being marketed on the internet.  Below is a list of items that are helping to sell homes.  If you are thinking of selling your home, you may want to print this out to ask the real estate agent if your home will be marketed in these places.

  1. Real Estate Website– Does the agent have an effective website that is drawing in buyers?  Recent statistics show over 85% of all buyers begin their real estate search on the internet before even contacting an agent. Also ask the agent if they have their own domain name website instead of just the website provided by the company.  For my team we have MyrtleBeachHomesBlog.com plus our local company, RE/MAX Southern Shores website.  In addition, we have exposure the RE/MAX national site.
  2. Real Estate 2.0- Social Networks & other websites are rapidly gaining in popularity.  Buyers are using sites like Facebook, YouTube, Instagram, Google+, LinkedIn & Twitter to find out the information about a community, the agent, and the surrounding areas before making contact with a real estate agent.  Our use of social media helps expose our listings to our connections on Social Media which is now over 37,000!Google.com
  3. Real Estate Blog– Buyers who begin their online searches are finding blogs each and every day with the information they are interested in.  On average, consumers read over 27 blog posts every week.  They are going to major search engines entering the keywords for information they want.  If you have shared content related to the terms the consumer is searching, you have the potential to be found and gain their business.

Remember these three areas of effective marketing in the current real estate market.  Unfortunately, just like many things in life, what is effective at one time may not work anymore now.  You need an agent that stays on top of the market and keeps track of what is and is not working in selling homes.

An article I read in our local paper a while back confirmed that our marketing efforts are targeted in the right direction. The article shared about how the Myrtle Beach Chamber of Commerce is focusing over 60% of their advertising towards internet marketing.  23.2% towards tv, 7% for newspapers, 5% on magazines 3% on radio & 1.8% on billboards.  Just as the chamber has come to realize, in order to be effective with marketing the focus needs to be on internet advertising!

So in closing, when you are deciding on an agent to sell your Myrtle Beach Home, make sure that they have a strong online presence to help take your Myrtle Beach Home from listed to sold by giving your home it’s greatest exposure online.

photo by: bsabarnowl

Written by Jeremy · Categorized: Selling Myrtle Beach Homes · Tagged: myrtle beach home, myrtle beach real estate, selling a myrtle beach home

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