Up on Real Estate

By Shelyn Mosseri Lee

Up on Real Estate

My three daughters, no matter what they are searching for, always start their search via the web, as do many of us. That being said, I must say that more and more, from $100,000 condos to $4 million dollar ocean front homes, the process of “shopping” for a home seems to start on the web as well.

Search engines like Home Finder, Zillow, Trulia, are a few sites folks use to search for properties. Once the search is narrowed down, most potential buyers will want to take a look at their picks. Virtual reality (VR) is gaining traction at an unprecedented pace, and many real estate agents now do 3-D virtual tours for their listings. Realtors still drive clients around and show them properties, do open houses and advertise in magazines. But now we also bring them to our office where we have a sweet setup with an HD TV, nice chairs, snacks and beverages – and we control the 3-D tour for the client! In our area, the resort properties are often rented during busy seasons, and realtors cannot get clients in to see the locations. Virtual reality brings clients into the property at their convenience.

Now that a buyer has decided to begin looking at a property, here are a few things to consider before purchase.

• Will the location suit their future lifestyle? While vacation homes can gain value over time, short-term speculation on residential real estate is risky business, so buyers need to settle on a property they’ll enjoy for many years to come.

• Will that buyer need rental income? A house located a mile from the beach may be cheaper, but that distance can also affect the rental and resale values.

• Can the property be insured at a reasonable cost? Flood insurance, for example, can increase a property’s carrying costs.

• Is the property big enough for a growing family, or does the area have a range of recreational opportunities to accommodate evolving interests? Proximity to the property is especially important if planning to visit the property frequently.

Buyers and sellers are becoming smarter about their homes and this means less time wasted trying to figure things out. Using internet resources and a resourceful realtor can insure a successful and positive experience finding your new property.

Shelyn is happy to help with any and all of your real estate needs. Email: ShelynML@gmail.com, contact Resourceful Realty, located at 5213 North Kings Highway in Myrtle Beach or call 843-222-3331.

About this writer

  • Shelyn Mosseri LeeShelyn Mosseri Lee is happy to help with any and all of your real estate needs. Email: ShelynML@gmail.com, contact Resourceful Realty, located at 5213 North Kings Highway in Myrtle Beach or call 843-222-3331.

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