The Hauck Realty Team Real Estate Podcast

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home searchSelling a home? Click here for a FREE Home Value Report For the last few years, the Charleston real estate market has seen a tremendous amount of activity. Multiple offers on homes have become common, so today we are going to talk about how you should deal with them, from a buyer’s perspective. Most well-priced homes in Charleston are getting multiple offers within the first few days of hitting the market. If you are looking to purchase a home and are told it is receiving multiple offers, you are now entering into a bidding war. The best thing you can do as a buyer is make your offer the most attractive, and there are several ways to do this. One way to do so is to get approved by your lender, through the underwriting process. This will set you apart from other buyers, and make your offer as good as cash. Another thing you can do is write a very clean offer, keeping contingencies to a minimum. The less you ask for, the more attractive the offer is to the seller. Another thing that will help is keeping your time frame as short as possible. In Charleston, you can usually close on a home in 30 days. The faster you are able to make the sale, the less time there is to screw things up. Finally, make it personal by letting the seller know why you like the house and why you and your family would be a good choice to purchase the home. If you follow these simple steps, your offer will look a lot more attractive to your sellers. Hang in there and hire an experienced agent. If you have any questions at all, feel free to give us a call. We would love to speak with you!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home searchSelling a home? Click here for a FREE Home Value Report We're anticipating a lot more new construction to take place here in Charleston. With this being said, we'd like to give you some tips on buying new construction. Nearly 60% of homes listed for sale in the area are actually new construction properties. Currently, Mount Pleasant has a lot of new construction for sale, but neighborhoods like Carolina Park and Oyster Point are hotbeds for newly built properties. Summerville is also seeing a lot of growth with neighborhoods like Nexton and the Ponds that are currently being developed. I expect a lot more new construction to take place in this area in the future. However, if you'd like to avoid buying a new home that probably requires HOA fees, you could buy an older home, tear it down, and build a new one. Some good places to do this would be the Old Village in Mount Pleasant, The Isle of Palms, West Ashley, and downtown Charleston. If you would like to get in touch with a great builder, please don't hesitate to contact me. You're going to need representation if you would like to purchase new construction. I have a background in construction and I will be looking out for your best interests. When you work with a builder, they're only trying to sell the home. They're not trying to get you a good deal. I know a lot of builders and have solid relationships with them, so working with me when buying new construction will make the process much smoother and quicker. Please don't hesitate to contact me if you'd like to buy or sell in Charleston!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Value Report There have been quite a few changes in the Charleston real estate market over the last few years. We have transitioned from a strong buyer's market to a strong seller's market, but there are still some pockets that haven't bounced back yet.  The key in our market is finding an agent who knows the areas of town, and knows how to price those homes properly. When you properly price a home in our market, you are going to get multiple offers within the first few weeks. If you overprice your home, it's going to sit there until it expires.  Inventory is a major factor in determining price on our market. Some areas have as little as 2 or 3 months, while some have 10, 20 or even 30 months of inventory. What does this mean for buyers and sellers? Well, for sellers, the market has appreciated by about 25% over the last few years so I would say congratulations to you because it looks like you can make some money if you sell your home right now. For buyers, you have a lot of buying power with these low interest rates, which are making mortgage payments cheaper than rental payments in some cases.  If you have any questions for us, or want to get the most out of your home in the least amount of time, give me a call or send me an email. I would love to help you out!