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3 Ways to Sell Your Charleston House

Most home sellers are only familiar with the traditional way of selling a house, but there is more than one way to sell a Charleston house!

So many home sellers get so wrapped up in the idea of listing, that they don’t explore all of the other opportunities that are available to not only sell a house, but to sell it quicker. Because of this, you may miss out on saving time and/or money by using the only solution they know how. There are many different ways to sell a house.  [Read More]

House Not Selling in Charleston, SC?

Why Isn’t My House Selling in Charleston?

Direct Sale a House vs. FSBO vs. An Agent – South Carolina Homes

There is more than one way to sell your Charleston house! So many people get wrapped up in the idea of listing, that they don’t explore all of the ways a home can be sold. Many people miss out on saving time and/or money by using the only solution they know how. There are many different ways to sell a house. 

In this article, we will break down the pros and cons of each do you can make a smart and well-informed decision about how you wish to sell!

Pros of Direct Sale a House:

A direct sale offers many benefits people will often look over. It can save you a ton of time. Many people who make direct offers are paying in cash, so there is no waiting on the banks to secure the loan. This means you can sell your home in as little as a week! A quick sale will immediately end your financial obligations to the home such as insurance, utilities, and taxes. In addition, if you are not working with an agent, you will be able to save a ton of money on commissions, agent fees, and listing costs. Direct offers often will not require any cleaning, repairs or upgrades be done to the home. A direct sale will let you get a great price for your home, without having to wait. You can start planning your future now because right away you will know how much you are getting for your home and when.

Cons of Direct Sale a House:

The final sale price on a direct sale is often lower than retail.

Pros of Selling Yourself:

You are in control of everything. You will have all the power and be able to decide your best course of action. Once you sell, you won’t have to deal with paying an agent’s high commission.

Cons of Selling Your House By Yourself:

You are in control of everything. You have to do all the work! You are in charge of advertising, dealing with potential buyers and their agents, reviewing contracts, handling negotiations and dealing with title companies. It can be a huge headache if you aren’t familiar with the process. And because it is your house, you might not be all business, and will instead operate with emotion. You cannot become offended by low offers, or overprice the house when you know it isn’t worth what you are asking.

Pros of Working With an Agent:

A good agent will take care of the sale on your behalf. A GREAT agent will go above and beyond, helping you transition into a new home. An agent should have connections and be able to offer resources to get you settled. Take advantage of the services at their disposals such as photographers and professional stagers. This Iis I why you are paying them such a high commission!

Cons of Working With An Agent:

If you sell with an agent, you will be responsible to pay 100% of the commission owed to them. This is typically about 6% of your final sale price. In addition, you will be paying about 2% of the final sale price, toward closing costs. You will also have to pay up front to get the house ready for listing. This includes a professional cleaning, making repairs and cleaning done on a constant basis. There are also no guarantees on when it will sell. You will not know how much you are getting or when you are closing until the very end!

There are many ways to sell your Charleston house. Before you do anything else, make sure you fully research the options available to you. Don’t settle for one option until you learn what other selling methods will mean for you!

Are you thinking about selling your Charleston house? We can help you make the best decision for your situation! Send us a message or give us a call today! (843) 881-7171

The post Direct Sale a House vs. FSBO vs. An Agent – South Carolina Homes appeared first on We Buy Charleston SC Houses.

Upgrades to Avoid: What Will Turn OFF Buyers in Charleston!

Are you considering selling your home in Charleston? If so, you might be thinking about making a few repairs and upgrades before you list it. Some changes can be lucrative, paying off in the long run. However, not all upgrades are created equal. We will let you know which upgrades to avoid!

Updating and beautifying your home is a sure-fire way to get more potential buyers in the door. However, many sellers make the mistake of making too many upgrades or upgrading things that do not increase the property value. Some people even make upgrades that end up turning OFF buyers! Before you take a sledgehammer to the bathroom wall or make a trip to Home Depot, consider making only necessary repairs and only the upgrades that will pay for themselves by substantially increasing your home’s value.

Don’t Add a Pool Unless YOU are Swimming In It

You will not be able to add the price you pay for a pool onto the previous value of the home. It doesn’t work that way. We have seen people spend over 50k to add a new pool, only to be able to add a couple thousand to their asking price. Unless you plan on swimming in the pool yourself for years to come, a pool will end up costing you more than it adds value. Point blank: A pool doesn’t provide returns. 

Don’t Get So Personal

Avoid overly customized designs. This can include overly designed kitchens, baths and anything else that you consider one of a kind. Consider toning down bold colored rooms and creating environments that are a bit more neutral. A can of paint is a lot less expensive than a total room redo. And on that note…

Don’t Decide for Your Buyers

If there are obvious repairs or upgrades needed, don’t make them. Instead, provide a credit to the buyer, so they can have things done the way they want. It can be a great incentive when buyers have the ability to decide on the details of the home. People will be attracted to the idea of choosing their own countertops and lighting fixtures. Point Blank: Don’t make upgrades based on your own personal enjoyment or taste.

Leave the Basement Alone

Do you have a house with an unfinished basement? If, so… leave it that way. The costs to finish the basement aren’t worth what you will get back. Plus, many buyers will choose to renovate those areas on their own terms. If you haven’t renovated it while you lived there, there is no reason to do it now that you are trying to sell. Point Blank: An unfinished basement is best left that way. 

Make the Space Intentional

Keep the rooms as they were intended. Extra bedroom? Keep it a bedroom, not an office. Let the prospective buyers decide how they want to use the space. A room conversion will only knock down the perceived value. A 4-bedroom, 2-bathroom home will get more traction than a 3-bedroom, 2-bathroom + den at the same price. Also, a gym/office/library/breakfast nook can become confusing. Point blank: Plan your space with purpose. 

What are the Neighbors Doing?

Take a look at other homes in your neighborhood and keep your upgrades somewhere in the middle. If you go too far with your add-ons, you will be targeting high-end buyers. And maybe your neighborhood isn’t known for that. In addition, you will alienate buyers who love your neighborhood but don’t want to pay the high price. Point blank: Keep your property competitive within your neighborhood, but don’t take it too far! 

Are you ready to sell your home in Charleston? We are ready to help! Fill out this form, or give our office a call now! (843) 881-7171

The post Upgrades to Avoid: What Will Turn OFF Buyers in Charleston! appeared first on We Buy Charleston SC Houses.

Selling Your House: How To Stand Out In A Buyers Market in Charleston

Standing out in a buyers market can be a challenge when there is so much competition to be had. Are you thinking about selling your house in Charleston?

If so, we’ve come up with some great ways to help your home to stand out from the rest. No matter what the market is like, with the right strategies in place, you will be able to sell quickly and for the price you want.

Offer Incentives

You need to offer things your competitors aren’t. You can offer to cover the closing costs up front or give buyers a credit to fix up the house as they wish. You can also include furniture, some recreational toys… we have even seen someone throw in a boat! Keep in mind, you will want to give something that makes sense. Something the buyer will love, that won’t end up being a burden. Think outside the box. People will buy a car because of a free hotel stay. Adding something creative will entice buyers, get attention and if nothing else, make your listing memorable!

Pay for Repairs

If a buyer wants to negotiate repairs, stop them right there. Make the grand gesture of paying for all repairs right there on the spot. This is sure to win over your buyer and help them to alleviate any concern they had about buying the property. Of course, you might want to plan for this going in and price your home accordingly.

The Price is Right

Every time you alter the price, the change is recorded on the MLS. People can easily see the price history, and the changes they see give subtle, subconscious messages about the house. Dropping the price a few grand every couple weeks can make you look desperate or like there is something wrong with the house. You might appear as if you don’t know the actual value of the house and are just fishing for someone to come along and buy. This will shoo away many buyers. If you are going to drop your price, plan on doing it in one bold move. Instead of dropping the price by say $2000, drop it instead by $15,000. This will catch everybody’s attention and will tell people you are ready to sell now. Such a huge drop can be looked at like you would look at a sale. People buy more when they think they are getting 20% off.

Use the Right Agent

Don’t choose the agent with the loudest voice or the best website. Don’t fall for the salesman showmanship so many agents employ. Instead, work with the agent who immediately provides you with stats, market reports and who will crunch numbers with you until you reach your goals. The agent who tries to “wow” you with the highest price, will likely be compensating for their lack of knowledge.

Curb Appeal

First impressions matter. Studies show that people decide if they will ultimately make an offer within the first few seconds of seeing a home. A bad first impression will stick with them as they view the house, and will likely not lead to an offer. However, with a little raking, weeding, and planting, your curb appeal can change over night. You don’t have to spend a fortune. Simply clean up any clutter and pull the weeds. Cut back anything that has become over grown, and plant a few flowers to add a pop of color. Having a welcoming front yard will immediately make people feel like they are at home.

Now is Not The Time To Go Cheap

There is a lot of competition. If you are serious about selling, spend the money getting good photographs and having a professional stager come in. Bad photos will encourage people to pass by your listing, without giving it a second thought. Pictures say a thousand words and you will want to work with a professional photographer who can highlight your home in the best way possible.

We would love to help you if you are thinking about selling your Charleston home! Send us a message now, or give us a call! (843) 881-7171

The post Selling Your House: How To Stand Out In A Buyers Market in Charleston appeared first on We Buy Charleston SC Houses.