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  • James Wedgeworth
  • Charter One Realty & Marketing
  • PO Box 6125
  • Hilton Head Island, SC 29938
  • james@jameswedgeworth.com
  • 1-800-831-0359 | 843-785-4460
  • 843-686-4461 (fax)

Right on Friday, Wrong on Monday

By James Wedgeworth on March 9th, 2010

I was talking to a Realtor friend of mine in Chicago the other day.  On Friday she had listed a great property that she was so excited about – it represented a great value and was priced correctly in the market. 

Monday morning, two comparable properties had been reduced in price and the pricing that had been determined on Friday that was correct, was now in fact incorrect.  It was hard to believe that she was right on Friday and wrong on Monday. 

We had to step back and realize that all markets, especially the real estate market, changes from day to day. 

I once had a client who owned a lot in Sea Pines Plantation.  He called to get an updated market analysis on his property and I told him that the lot was worth $600,000. 

Six months later I heard from my client; he was so excited because he had someone offer him $600,000 for his lot and he had signed a contract.  I then told him that his lot at this point was actually worth somewhere around $700,000.  My client was distraught because I had previously told him that his lot was worth $600,000. 

Again, the market changes from day to day.  This is why I think it is important to consult your Realtor regularly as to the value of your property.  Remember, you can be right on Friday and wrong on Monday.


Will trade boyfriend for tractor

By James Wedgeworth on March 8th, 2010

I was eating breakfast at a diner in Estill, South Carolina last weekend.  A young woman walked in and she was wearing a tshirt that said “will trade boyfriend for tractor”.  I did not really understand her shirt or why she would wear something like this.  Then I thought – everyone has things that are important to them. 

I recently went to list a 2nd row ocean home in Sea Pines Plantation.  When the homeowner told me what they thought their home was worth I was shocked.  I went on to tell them that oceanfront homes similar to theirs had not sold for that price. 

They came back and said that being 2nd row was better because you did not have people in your backyard all the time. 

I understand that this might be what they prefer, but it does not change the market. 

It is kind of like if you wanted to sell your Mercedes for more than a Bentley.  Just because you might like your Mercedes more, this does not mean that it is worth more than a Bentley

In my 29 years of selling real estate on Hilton Head I have learned that everyone has their opinion – but again, these opinions don’t always alter the market.


Great Opportunity: 1097 Lighthouse II Villas

By James Wedgeworth on February 18th, 2010
Enjoy spectacular views from 1097 Lighthouse II Villas

Enjoy spectacular views from 1097 Lighthouse II Villas

Just listed in the heart of Harbour Town – this beautiful Lighthouse II penthouse is immaculate.  Rarely on the market, this is a great opportunity in Sea Pines Plantation

Two bedrooms were combined to form huge master suite with spectacular bathroom.  Details abound in this villa – crown molding, coffered ceilings, teak floors and fabulous views.

Click here for additional photos and information on this chance of a lifetime. 


Timing is everything in real estate

By James Wedgeworth on February 13th, 2010

There is an old saying in real estate that says “when you are ready to buy, the property you want to buy will not be available at that time.”  I find this to be true quite often.

I recently had some clients who were several years away from retirement, but a house came on the market that they absolutely loved.  They said, “only if this house would be available in two years” to which I replied that the chances of that happening would be slim to none.

I always tell my clients that if they find the property they are looking for, buy it.  It does not matter if it is six months too early, a year too early or a year and a half too early.  For years, you will be happy with the decision you have made.

About 15 years ago, I had a client who told me that they always wanted to own a home on S. Calibogue Cay (there are only about eight or nine homes on that street.  One came available that was a great buy and he said that he wished it was on the market at a different time.  I told him that down the road this house probably would not be available.  After some thought, he decided to buy and to this day he is thankful for buying when they did and they love their home.


Hilton Head Island Real Estate Sales

By James Wedgeworth on January 15th, 2010

One of the agents in the office was showing me the numbers this morning concerning home sales in different areas.  [...]

Just Listed – 32 Water Oak, Sea Pines Plantation

By James Wedgeworth on November 9th, 2009

32 Water Oak is an absolutely beautiful home in the Club Course section of Sea Pines Plantation. This home shows [...]

Hilton Head Island Market Update: March 30, 2009 – April 5, 2009

By James Wedgeworth on April 7th, 2009

Last week we had 100 homes, 36 villas and 25 lots come on the market in all of Hilton Head [...]

Hilton Head Real Estate Update – Week of 2/23/2009-3/1/2009

By James Wedgeworth on March 3rd, 2009

We had a total of 8 homes sell on Hilton Head Island last week which is much less than we [...]

Hilton Head Real Estate Market Update – Week of February 16th

By James Wedgeworth on February 25th, 2009

Activity last week showed 88 new homes, 43 new villas and 32 new lots listed on the market. 
As far as [...]

Hilton Head Island Real Estate Community Spotlight: Sea Pines Plantation

By James Wedgeworth on February 13th, 2009

Sea Pines Plantation is probably one of the best known residential developments on the east coast.  Many people call this [...]


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