According to the MLS,the number of active foreclosures is on a rapid decline. If you are looking to scoop one of these properties up then you need start looking now. Short Sales are still here yet these will start to sell next.

Reasons Why people set goals and Fail to Follow Through!

The purpose of this article is to discuss the characteristics that successful people have in common. Specifically, the characteristics that inspire them to take massive action and follow through. As you’ll see, the solution is really quite simple and available to each one of us.   First, let’s identify what it is that causes people to NOT follow through.

To simplify the conversation…it’s fear that keeps people from reaching their goals. Some fear failure and some fear success. Only you can determine your own fears.

Successful business people identify an opportunity, measure its potential, apply immediate action, realize desired results and strengthen their beliefs. Wow, I said a lot here so let me break it down to make it easier to understand.

Potential – Successful people find inspiration in discovering the potential in an opportunity. In order to follow through on an opportunity, you must be motivated to realize that potential or else you take the risk of losing momentum, losing interest and then changing your focus. Many people fall into this cycle and never get the desired result.

Action – Once a successful business person realizes the potential of an opportunity then they immediately apply action to a plan. Without Action, potential is wasted. Successful business people apply action and unsuccessful business people talk about applying action.

Results – Successful business people don’t have to focus on the result. They focus on the plan because they know that results are nothing more than a ‘natural progression’ to a well thought out plan.

Strong Beliefs – Successful business people believe that they can accomplish anything. This can be a characteristic that is natural yet it can also be learned. In either case, successful business people believe in themselves. It is a habit that successful business people carry.

I urge you to read this a few times and determine how you can apply this to your business life. These are the characteristics that have helped many business people reach their highest goals not only in real estate yet in every business opportunity one can create. One significant reason why people set goals and fail to follow through is that they fail to follow each of the four steps mentioned above. Skipping one step of the process will force you into the cycle of always starting over tomorrow…kind of like a diet. You can work out all you want yet to lose weight you must work out AND eat right. All steps are critical.

Let’s all do our part to help each other and make a difference for those we serve.

Realtor’s Helping Realtor’s

The Myrtle Beach real estate market has just added another 50 Foreclosures or Short Sales to the inventory list. New listings include all property types…homes, condos and land. We have recently received listings for 3 bedrooms in new buildings listed for as low as $219,900. This could be the buying opportunity of a lifetime.

We have heard many investors talking about a new strategy for investing. Some investors are making offers on short sales right now because they know that the deal will not close for 4-5 months. They are writing contracts knowing that the bank will not make a decision for awhile which means they won’t have to close the sale until late Winter. Closing the short sales in late Winter means the buyer will not have to carry the property through all of the negative cash flow months.

Short Sale Strategy used by recent investors…write contract now, wait 4 months to close, avoid a large portion of negative cash flow and then close before the next rental season.

If you want a list of Short Sales in Myrtle Beach, North Myrtle Beach or others areas along the strand then feel free to call me at 843-457-7816

We are fast approaching the end of the summer and before long the holiday season will be here. The last couple of years in the Myrtle Beach real estate market has been a roller coaster ride for which all of us are ready to be over. As your resource for real estate information, I will give you an update as to where we stand in this market. I have also discussed the future of our local market with other professionals and will share with you what the believe will take place over the next few years.

The market is moving. It is a fact that we are seeing an increase in the number of sales taking place in the market at this time. I personally sold 4 more properties in the last week. Even though sales are increasing, the number of new listings coming on the market for sale is increasing also. In fact, the number of new listings are out pacing the sales by nearly 100%. This is not a positive sign because that means that the supply is still on the rise which may impact the prices once again. It is obvious that we are still in a buyers market and the buyers that are investing today are the one’s that are going to do very well.

Foreclosures are decreasing. It is true that myrtle beach foreclosures have declined. Owners in our market have learned that short selling their property is better than going to foreclosure so we are seeing many owners take this route. The impact on the market is that foreclosures listings are down and yet short sale listings are up. In the end, the number of distressed properties being listed in the MLS is still on the rise. Even with more coming on the market, we are noticing that the quality properties have multiple offers on them within a week of being listed. It is time to act if you want a good property at a discount.

Investors are buying. We are happy to report that investors are in our market. We have sold many properties to investors over the past few months. Today’s investor is a different investor than we have seen in the past. The investor today wants to make sure they are buying the right property. It is important that you look at the cash flow and stability of anything that you purchase. This is a great market to buy in yet you must make sure you are doing your homework.

Of course, the local market conditions can fluctuate depending on the property type that you have. The current trends may differ slightly if you have a home or lot versus a condo so if you want details ona specific property then you can email me and we will respond with some detailed information.

I have discussed the market conditions with many professionals in the area and their opinion is that the market will continue to offer great buying opportunities while the best properties are starting to go fast.

I have been providing updates for awhile now and I will continue to be a trusted resource for you. If you are going to purchase something in the near future, it is critical that you have accurate information about the market.

Please feel free to contact me on my direct cell number, 843-457-7816, if I can help or provide additional information.