The Upstate of South Carolina is one of the most desirable places to live with its southern hospitality and charm, seasonal changes and pleasant year round climate. We're conveniently located to Charlotte, Ashville, Myrtle Beach, Atlanta and Charleston. You too, can live and work in an internationally recognized business and cultural community with a quality of life that is second to none. From small farms to mid-town condominium living; mountain views, golf course communities and lakefront properties; we have it all. If we can help you with your relocation to The Upstate please give us a call today at-864-641-5859.To search for homes or access area information go to: www.HomesInTheUpstate.net.
Pricing a home more than 3% over the market value could result in the following:
Buyers may choose not to view the home at all because they perceive there are better values in other lower priced "comparable" properties.
By pricing in a higher price range you eliminate potential buyers that otherwise might be able to afford the home if it were priced closer to the market value.
If a buyer is willing to pay more than market value (and this is not the norm) they may not be able to get financing because the property may not appraise.
While all of this is going on the home is "not on the market" and you loose valuable time. A home that stays on the market too long because it is priced too high gets stigmatized. This is why it's critical to price it right from the beginning and set the correct expectations of the seller.
Unfortunately, we never a get second chance at first impressions and neither will your house. Creating curb appeal is critical to getting potential buyers inside especially when buyers have so many choices. The first thing you should do is take a walk around the outside of the house and make a list as you go. Try looking at it through the eyes of a buyer. If you were shopping for a home would you want to look inside? Does this house scream "I'm Gorgeous Inside"?? Be objective! It's hard when it's your own home. If the outside of a house looks messy and unkempt, the assumption is that the inside is the same or even worse. There are a lot of low or no cost improvements that can be made simply by thinning out and shaping shrubbery, defining flower beds, planting a little seasonal color. Make sure to unclutter the yard just as you have uncluttered the house. Does the house need some touch up paint or power washing? Are the windows clean? The list can go on forever! The bottom line - - Don't let your house be ruled out on the drive by!
Many of you may remember when you had a Hometown Bakery and about 2 p.m. on Sunday afternoon all remaining baked goods would go on sale. It helped the owners clear out inventory and purchasers would take advantage of the lower prices. Usually if you didn't make your purchase by 4 p.m. all of the really good ones were gone.
That is the current Real Estate Market! And buyers need to get their shopping done early before all of the really good one's are gone. Just think about it; Prices are Great, Interest Rates are Great, and the Inventory is abundant. In this Shifting Market things change at a rapid pace and this opportunity will not last forever. For first time home buyers there is even more incentive as they have to close on their purchase by December 1st or lose their $8,000 tax credit.
So, like the Bakery, there is a limited time to purchase your Donuts and they are at a GREAT PRICE!
Yvette & Dennis Gardner, of Keller Williams Realty, the authors of this blog. Yvette, Dennis and their team of experts in the Spartanburg, Greenville area of the upstate of South Carolina are always available to help you with all of your Real Estate needs. Call our team anytime at 864-641-5859 or to search for homes go to: www.HomesInTheUpstate.net. .
An analysis of Spartanburg MLS Data for homes sold and active listings from March 1 thru May 31 shows a slight improvement over the previous 3 month period. The median home price improved by about 10% and days on market were lower by about 1 week. Still activity is considerably lower than the previous year.
However, supply still outweighs demand and higher priced homes are getting the worse end of the stick. Currently there are 3170 active residential listings. At the current 3 month rate of sales there is currently a 15 month supply of homes to choose from. It's a buyer's dream! A balanced market would have an absorption rate of about 6 months. Homes selling for under $200,000 accounted for 87% of all sales with an absorption rate of 10 months.
Higher priced homes accounted for only 13% of home sales. Absorption rates for these homes range from 18 months for the $200K to $300K homes. For homes $500K and up the wait to get your home sold could be longer depending on condition of the home and how it't positioned in the market.
Yvette & Dennis Gardner, Keller Williams Realty, Spartanburg, SC
dgardner@homesintheupstate.net
ygardner@homesintheupstate.net
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We believe in providing our clients with experience, professionalism & the highest level of service. We welcome the opportunity to serve you in all of your Real Estate needs.
About The Gardner Team
•3 Full Time Real Estate Agents (More than 50% of agents today are part time)
• Members of the National Association of Realtors, S.C. Association of Realtors, Spartanburg Association of Realtors and Council of Residential Specialists.
• Members of the Spartanburg,Greenville and Anderson Multiple Listing Service (MLS)
• Real Estate Team with over 25 years of Customer Service and 35 years of Sales & Sales Management experience.
• Graduated Realtor Institute (GRI) Designation (Only 19% of all agents in the USA work towards and obtain this designation)
• Certified Residential Specialist (CRS) Designation (Fewer than 38,000 REALTORS® nationwide have earned these credentials)
• Accredited Seller Representative (ASR) and Accredited Buyer Representative (ABR) Designations
• Accredited Luxury Home Specialist (ALHS) Designation (Only 1500 agents nationwide have earned this prestigious designation and currently we are the only REALTORS® in the upstate)
• South Carolina Continuing Education Program (Annual Attendance)
• Real Estate Marketing and Finance Seminars - Quarterly
• We continue to further our education for the primary purpose of protecting our clients in today's litigious society. Our continuing education also allows us to stay abreast of new marketing strategies to facilitate the sale of our listings!
One of the areas that we specialize in is golf course communities. We live in a golf course community ourselves and are AVID golfers. We're very knowledgeable about the numerous golf course communities in our area and the surrounding areas. Even if you're not a golfer, there are definite benefits to purchasing a home and living in a golf community.
We also specialize in the luxury home market. We understand luxury housing trends, specialized luxury buyer and seller needs, development and delivery of unique high level services, representation issues, liability and risk management, builder services, personal marketing, and much more. Currently, we're the only REALTORS® in Spartanburg and Greenville, SC who are members of the Luxury Home Council having earned our Accredited Luxury Homes Specialist Certification. We're very proud of this accomplishment and welcome the opportunity to share this knowledge with you.
We're confident we can help you with your real estate needs so give us a call today!
The Gardner Team
Yvette & Dennis Gardner
REALTORS®, ABR, ALHS, CRS, GRI
Keller Williams Realty
Yvette: 864-706-3669
ygardner@HomesInTheUpstate.net
Dennis: 864-641-5859
dgardner@HomesInTheUpstate.net
Fax: 864-486-1619
Web: www.HomesInTheUpstate.net
Thank you so much for all your hard work - you made this whole process so much easier for us. I hope you'll come visit us once we get settled - we should be moving around April 10th.
Liz and Tom
We are so appreciative of all the time and energy you put forth to help[ us find our new home. In addition to helping us find a spectacular home, you also made us feel comfortable and familiar with the new area in which we will be living. From your openness in answering our endless questions to introducing us to the local favorite places, we feel we have started a new friendship and feel very welcomed. You make a GREAT TEAM!
The DeVos Family
We would just like to say THANK YOU for helping us live out our dream by purchasing our first home. The two of you have been more than our Realtors, you have been true friends. Thank you for looking out for our best interest! Our lives are brighter since meeting you. God Bless you both.
Nikki & Marlo
We just wanted to thank you again for your continued service and friendship! You have exceeded our expectations in helping us sell our home and in finding our new home.
Shelley and Cory
Ginny and I just wanted to THANK YOU so much for making the sale of our home so easy. It can be so stressful selling your home and the both of you took that away from us. I am so glad that we did not sell our home FOR SALE BY OWNER. After you showed us how you were going to market our home, I had complete confidence that you would sell it quickly and for a good price. Not only did you sell our home in 10 days but we got more than we thought that we were going to get.
Thank you so much for everything.
Bill & Ginny
I wanted to take a few minutes and thank you again for all your help and support during this research period of our relocation. I could not have asked for a better team to work with during this very challenging time. When I was asked to consider Spartanburg as a place to move my family, I honestly did not know what to expect. I could not have imagined an area more friendly or desirable. It was through your efforts and support that we were able to make the decision to relocate to the Spartanburg/Greenville area.
Thanks again for your help!
Brian, TX
You guys are just super!!! Brenda and I do not know how we would of accomplished what we have without your sincere help. We are blessed to have you both as friends.
Sam, West Virginia
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