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sellers: Prudential Carolina changes name to Carolina One Real Estate - 05/06/08 08:16 AM
     Today, real estate in Charleston is changing!  The blue and white signs you were familiar with around Charleston are coming down and the name is changing from Prudential Carolina Real Estate to Carolina One Real Estate, and affiliating with Leading Real Estate Companies of the World.  The flexibility of a strong local brand tied to a global network will allow us to best serve the real estate needs of the Greater Charleston community. 
    Leading Real Estate Companies of the World is a network of over 700 independent companies in 38 countries that does more real estate business than any franchise worldwide.  Some Leading Real Estate Companies of … (1 comments)

sellers: Are sellers unrealistic? - 10/15/07 10:44 AM
You can see people or signs marketing their home stating they are below market value or below appraised value and think that will make the home sell. They will also disclose that if the home is sold using a realtor the price of the home will be increased. This increased price will cover the costs of  professional commissions. As a seller this can backfire and would encourage you to market your home at the best value that would include professional fees, just like when you go to the doctor. Market value is determined by what a buyer will pay for something and … (7 comments)

sellers: Home staging course - 10/11/07 01:24 PM
Is anyone familiar with the Accredited Home-Staging Specialist designation course, through RealtyU?  It sounds like a good course to take, but just curious if anyone on AR has taken it or knows anything about it that would tell me not to do it.  It's $199 to take it online.  Not a bad price, but will it be worth my time?  I am reading more and more about the importance of staging, and as a Realtor, it helps to have knowledge in as many categories as we can.  I know it will not replace what a professional stager can provide, but just … (17 comments)

sellers: Judgment Day for Condo Market: Boom or Bust? - 10/09/07 02:27 PM
Thankfully, many condo projects in and around the Charleston area are on hold for now.  Interesting numbers below. 
 Many condo projects that were started during the real estate boom are just being completed, and developers and the banks that loaned buyers money are holding their collective breath that buyers will close - rather than abandon their deposits and walk away.''We're at the riskiest point of the condo lending cycle as these projects are being completed,'' says Jefferson L. Harralson, a bank analyst at Keefe, Bruyette & Woods. ''In the coming weeks and months, we're going to find out what the demand … (5 comments)

sellers: Home "flippers" and their lost dream - 10/03/07 10:31 AM
Lots of people are learning an expensive lesson.  The TV shows made "flipping" look so easy, everyone was getting in on it.   
Speculators who bought multiple homes  were once a boon to the U.S. economy when they pushed home prices to record levels over a five-year period.
Many are stuck with unoccupied properties they cannot sell and mortgages that are bigger than the appraised value of the home, a situation known as being "upside down."
The glut of unsold homes comes as lenders are making it harder for borrowers to get loans, causing defaults to escalate and home prices to decline further.
Investors that … (8 comments)

sellers: Unsold homes turning into rentals - 09/25/07 06:56 AM
Is this happening in your community?  I am noticing a few here and there, where the listing expired and the homeowner needed to move for whatever reason, and this was sort of a last resort, as opposed to giving the house away by continuosly lowering the price.   
The glut of unsold homes and condos is turning many owners into landlords, often to the consternation of their neighbors. Owner-occupants in many condo complexes or neighborhoods that suddenly have a high number of renters are fearful that too many renters will result in homes falling into disrepair, overcrowded streets and driveways, rising crime and … (4 comments)

sellers: Are your Open Houses a bust? - 09/24/07 03:22 PM
I did my Open House yesterday, picking Sunday as the day, as opposed to Saturday.  People were out and about, driving around the neighborhood I was in, and I began to wonder if anyone would stop.  I had my sign out at the entrance and then directional signs to the house.  Lo and behold, a car pulled up, and it happened to be someone that knew my father many years back, and we started talking.  He is very interested in buying a house, so I got all of his information and will be staying in close contact with him.  Unfortunately, he … (6 comments)

sellers: Prospecting buyers and sellers - 09/22/07 09:33 AM
 
So much is said about prospecting but statistics show that just 5 percent to 10 percent of prospects are ready to buy or sell right now.  Even with that said, it is still vital to remain in touch with them.
Narrow down prospects to those most likely to use your services down the road.  Determining whether they are first time buyers, empty nesters, or where they may fit in.  From there, find out which prospects are considering a move due to job relocation, having children and needing more space, or downsizing. 
Keep sending information that is pertinent to them.  If you know … (0 comments)

sellers: Open House-To Do or Not To Do - 09/17/07 12:52 PM
I did an Open House yesterday, weather has cooled off some here and so it was a great day to do one.  I had several visitor's come through.  They saw my ad in the newspaper and had been to the house previously with an agent, and just wanted to come back through.  Not a problem.  It was better than being bored and having no one show up, even though, I got no potential business from this Open House, that I was doing for another agent.  Am I disgusted with them yet?  No, and the reason is simple, "don't give up."  How … (7 comments)

sellers: Feng shui tips in selling a home - 09/14/07 04:41 PM
Some tips to consider for those who want to try using feng shui to sell their home: While the concept has long thrived in China, it's only recently that it has been embraced in the United States. A home with a good flow of energy is one that makes someone feel comfortable immediately; a home without it, on some level, makes a person want to leave. Feng shui can also be used to create a clear path to a home's "room of first impression," the room that will make the biggest impact on a buyer. Most Realtors are very open to … (9 comments)

sellers: 7 Landscaping tips - 07/24/07 02:21 PM
If prospective buyers looked at your house today, what would they see outside? A giant evergreen that looks as if it might swallow the station wagon, perhaps, scraggly old foundation plants or maybe a kitchen-table view of the neighbors' kids' trampoline? If so, you have a truly inexpensive opportunity to boost your home's curb appeal.
By spending $500 to $3,000 on plants and materials and a few hours of time, you can achieve a well-landscaped look without shelling out for professional help.
Besides the personal enjoyment you'll get from a prettier yard, landscaping adds more value than almost any other home renovation. … (3 comments)

 

Bruce Mullen

Charleston, SC

More about me…

Carolina One Real Estate

Address: 873 Orleans Road Suite 102, Charleston, SC, 29407

Office Phone: (843) 965-8424

Cell Phone: (843) 224-4996

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