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Realtor Mike Carrigan
Licensed in SC

 

Things to consider when selling your home in a slow market

With the market in a slump, here is some advice to consider.

  • Get a local agent to sell your home. If you’re looking to sell in Charleston SC get a Charleston real estate agent. Buyer’s who are looking for a home will usually use an agent. You agent will know the best places to expose your home. They will also deal in networks where other agents can easily contact them in search of properties like yours.
  • Get to know the market that you are selling in. This will give you more knowledge and power when it comes to negotiating. Knowing public stats of what homes have sold for is not enough. At times, the seller may agree to fix something or offer some type of credit to the buyer for some other issue which is not reflected in the sale price. Speak to your agent about this. Our Charleston real estate agents will have the knowledge to help you market your home with monetary and non monetary offers.
  • Consider lowering the deposit required by your buyers. Large deposits can be considered a major financial commitment for a buyer. By lowering the deposit, your home may become more attractive to buyers.
  • Entice them with some gifts. Perhaps you have a refrigerator or some other things that are in reasonable condition but may not fit your new home’s décor, you may not feel like moving, or would like a new version of that you could offer the buyer. As spoken about earlier, maybe offer to fix something. Perhaps, you possess some skill that may be attractive to your buyer.
  • Ensure your broker is marketing according to what they proposed. Also, make suggestions if you have some. Check out what other people in your neighborhood, or wherever, are doing; go to their open house. See if could apply what they are doing to your situation.

Remember each buyer is an individual and independent of each other. You should modify the offer to each buyer.

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Mike Carrigan
Carolina One
New Homes
Land Development Services
C. 843-364-3286 F. 843-746-4643
mcarrigan@carolinaone.com

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