What you need to know if your thinking about selling your home or condo in Myrtle Beach in 2017
Experts expect the 2017 housing market in Myrtle Beach to continue to be mainly a “seller’s market”. For home sellers, it’s about understanding the ins and outs of your local micro market so you can optimize the price of your home and close quickly.
Top Tips for Sellers in 2016
1. List during prime-buying season. Realtor.com®’s data shows that the prime home buying season usually begins in April and reaches a peak in June. “Sellers who list their home during the prime spring and summer months benefit from a larger population of buyers and potential bidding wars, which often result in higher prices and faster closings,” according to realtor.com®’s report.
2. Price to sell. Home prices nationwide are expected to rise 3 percent year-over-year. Myrtle Beach Home sellers would be wise to take their local REALTOR®’s advice to price their home adequately for the market and based on recent neighborhood comparable sales.
3. Consider an incentive. Is there something extra a you can could throw in to entice buyers? Sellers who are open to negotiate beyond just price may find more success in hooking a buyer. Thirty-seven percent of all sellers offered some type of an incentive last year. Typical Incentives Buyers Like; A home warranty, A closing cost credit, A new appliance, A repair or maintenance credit
4. Sell East of The Waterway. Homes East of the Intracoastal Waterway or just to the west of it are in high demand. Everyone wants to be as close to the beach as possible. Home east of the waterway and homes just west of the waterway in the Carolina Forest, Burcale, Forestbrook and Barefoot communities command premium prices.