How to Get More Out of Your Real Estate Guide

by carolinaone_marketing 26. June 2015 10:22

For many South Carolina home buyers, the first step to a dream house is getting your hands on a Charleston real estate guide. This guide can be an invaluable tool, but you also want to make sure you get the most out of it. How do you do that? Here are four tips:

1.  Ask a realtor to help you – This may sound funny since, to many people, the whole point of getting a real estate guide is to do research on your own. But realtors can be a valuable resource, and asking for their help will mean getting the most out of any printed or online guide. Often, realtors will know details about the specific properties in question—details that do not show up in the guide and that would be hard to find out otherwise. Plus, they will have a much better sense of the local market in general, including how well property values hold up in a given neighborhood and what other similar properties might be available. Do your own perusing as well, but consider asking your realtor to go over the listings with you.

 

2.  Look above and below your budget – One mistake that many home seekers make is to look only at homes that fall within their budget. This isn't always to your advantage. That isn't because you should give in and buy a home that's above your means; it's because scouting out higher- and lower-priced homes can help inform your search and make you a savvier buyer. For example, if you notice that higher priced homes tend to have an open kitchen design or granite countertops, and you find a property in your price range with those features, you know it will probably appreciate well and be a great investment. On the other hand, if you notice a feature that's common to lower priced homes and find it in one that's otherwise perfect for you, you have a bargaining point. Plus, you never know when you'll find a gem that's priced lower than it should be.

3.  Make a "drive by" list – A real estate guide should be a first step to taking action. Once you have five to ten favorites, take an afternoon and drive by each one. There is no substitute for seeing the home and its neighborhood for yourself.

4.  Don't over-commit to a neighborhood – One last mistake that many buyers make: don't get too hung up on buying in a certain neighborhood. You may miss out on amazing properties in other great locations, or you may overspend by choosing an in-demand area, when a cheaper neighborhood down the road is just as good. 

What kind of Charleston home are you looking for? Ask one of our real estate agents at Carolina One about our MLS listings and see when they can schedule a showing!

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Charleston Real Estate

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