2014 will be the year of real estate. There are so many property owners that will make selling their home or condo part of their 2014 goals. For many, they have been waiting for the market to show positive signs before they listed their property. There were plenty of signs of improvement in 2013 and now people are ready to make their move.
If you are selling in 2014 then it is critical that you know the following:
- - Start Early: The early bird will get the worm. Those that market their homes and condos for sale in the beginning of the year will beat the competition. We anticipate a lot of supply to come onto the market by spring. The more listings for sale, the less you get in price. Start early.
- - Go with the best: Did you know it costs the same to hire a proven professional as it does to hire someone with no experience? Too many properties are listed and then fail to sell because of an inexperienced sales professional. Don’t make this mistake. Choose an agent that can show you past results.
- - Market Aggressively: Developers will become your biggest competitor. These developers have massive marketing budgets that your realtor will have to compete against. You need a realtor that will discuss how your property is to be marketed. That is the agents job so make sure they do it what you are paying for.
- - Beat the Interest Rate Hike: We don’t know when the interest rates will go up but we do know that they will go up. As rates increase, buyers can afford less which could lead to a decrease in property values. If you are planning on selling then you need to make your move early.
I expect positive things for the 2014 real estate market in Myrtle Beach. Though the market has improved, we cannot get lazy and lose focus on our goals. The market will be very competitive which means there could be downward pressures on pricing. The way to maximize your return on your real estate is to hire the top agent you can find.
Century 21 The Harrelson Group agents have a reputation for getting properties sold. Not only do we get them sold but we average a higher price for our property owners. We are trained to market and we are committed to protecting our client’s equity.
Please allow us an opportunity to show you how we can help you reach your goals.