I recently had someone call to tell me that they are looking for a villa close to the beach, priced under $300,000 that would be a positive cash flow and rent well. Unfortunately, something like this doesn’t exist – if it did everyone would own a villa on Hilton Head Island. Because of the uniqueness [...]
There has been an increasing problem with appraisals in today’s real estate market. Last week I had an appraiser from Savannah call me to appraise a home I had under contract in Sea Pines Plantation. The appraiser called to ask me whether the home was on Hilton Head and they were asking directions to Sea [...]
I just shot a television program on WHHI discussing the local Hilton Head Island real estate market. The commentator asked me how the busiest 30 days of the year went. Through April 25th we had a lot of activity on the island – the Heritage Golf Tournament, great weather, Easter and lots of vacationers. I [...]
Yesterday I received an offer from an agent for a property; he said his clients felt confident our seller would take the offer because they are still going to make $100,000 on their property – despite the fact that the property was listed for significantly more than the offer. Unfortunately for the buyer, it is [...]
I can’t tell you how many times I’ve been asked if there will be one? Unfortunately, I don’t think anyone truly knows. It seems like we are coming out of the recession and there are buyers in today’s real estate market. I think oil prices are having a negative effect on the market and there [...]
I was showing property recently to a retired oil executive and he was talking about the price of oil shooting up due to the uncertainty in the middle east. Until there is some stability we might continue to see volatility in this market. I realized that this kind of thing is true in real estate [...]
Visit msnbc.com for breaking news, world news, and news about the economy This morning’s segment on The TODAY Show reinforced the fact that NOW IS THE TIME TO BUY! Don’t miss your chance to get a great deal in the real estate market… View some of the great buying opportunities on Hilton Head Island.
I recently had a phone call from a homeowner asking for me to come over and list their property. Before we hung up the phone she started to give me directions to her home. I stopped her quickly and told her that if I didn’t know how to get to her home that she probably [...]
We recently had a meeting with the Realtors in our company and we discussed how the right property sometimes comes along at the wrong time. For example, I had a client tell me that they were interested in a home on S. Calibogue Cay. If you are unfamiliar with this area, there are only around [...]
As most of you do; I often receive mail outs from Realtors at home. Recently, I have had one Realtor mailing something about once a month claiming to be an expert in my particular market. I find it funny because this particular agent has never made a sale in this market; in fact, his company [...]