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Closing Cost: Who Pays What?

Closing Cost: Who Pays What?

Closing Costs for Sellers ½ of the Title & Escrow Fees Fees such as transfer taxes, title insurance, notary fees, etc. Commissions Average Real Estate Commission is 6% in the Columbia Market Loan Payoff Outstanding mortgages balances would be satisfied at closing. Home Warranty (optional) Property Taxes (Prorated) RE Brokerage Administration Fees Pest or Septic [...]
Monthly Market Update for Columbia, SC December 2019

Monthly Market Update for Columbia, SC December 2019

Market update for December 2019, the overall Average Sales Price was up 6.5 percent to $216,158. New Listings were up 17.6 percent to 915. Pending Sales increased 19.5 percent to 876. Inventory grew 9.2 percent to 2,991 units. The price range that tended to sell the quickest was the $100,001 to $150,000 range at 35 […]

The Columbia SC Real Estate Market?

The Columbia SC Real Estate Market?

For the 12-month period spanning December 2018 through November 2019, Pending Sales in the Columbia SC Metropolitan and surrounding areas in the Consolidated Multiple Listing Service were up 4.1 percent overall. The price range with the largest gain in sales was the $200,001 to $300,000 range, where they increased 19.6 percent. The overall Median Sales [...]
HOW DOES YOUR LISTING GET EXPOSURE?

HOW DOES YOUR LISTING GET EXPOSURE?

The Multiple Listing Service, or MLS, is a local database containing all properties listed for sale with Realtors and Real Estate Agents. Once your home is uploaded and the data is input into the system by your real estate professional the listing is shared with all the other Real Estate Agents and Realtors who subscribe […]

Who Do You Work With?

Who Do You Work With?

You’re walking along about your day and someone stops you and ask, “So who do you work with?” what is your elevator speech? You should have a well-defined group who you chose to work with. If you respond “anyone”, my friend you will soon be out of business, because you will not be running a […]

Selling Your Home

Selling Your Home

Selling a home involves many different people and processes: these could include multiple sellers, home buyers, real estate agents, lenders, escrow and title, couriers, notaries, lawyers, accountants, inspectors, appraisers, homeowner associations, county and city officials, including tax authorities. This is why it is so important to choose your real estate agent carefully: they will be […]