Jeff Cook Real Estate BlogRecently posted or modified blog posts by tag - Jeff Cookhttps://www.jeffcookrealestate.com/blog/Copyright JeffCookRealEstate.com2023-10-04T13:47:36-07:00tag:jeffcookrealestate.com,2012-09-20:17917Preparing for Hurricane Season<img src="https://assets.site-static.com/userfiles/1451/image/JCRE_hurricane_season_1.png" width="700" height="500" />
<a href="https://www.weather.gov/ilm/hurricaneprepsc">South Carolina</a> is no stranger to hurricanes. The traditional season with the most hurricane activity runs from June through November with peak months being August and September. As potential storms threaten the Low Country, homeowners must be prepared to stay safe and to protect their property as much as possible. The best time to prepare is now. Here are the steps we recommend to prepare for the Atlantic Coast hurricane season.
Prepare an Evacuation Plan
You need to know where your family can go and how to get there safely before a storm strikes. Connect ahead of time with family or friends who could offer temporary shelter if you need to evacuate. Plan several routes to get there in case flooding or other damage closes one more more routes. Stay tuned to local weather forecasts and government announcements for evacuation notices, road closures, and other vital instructions. Use the following resources to help you prepare your evacuation plan:
<a href="https://www.ready.gov/evacuation">Ready.gov</a>
<a href="https://scemd.org/prepare/know-your-zone/">SC Emergency Management</a>
<a href="https://www.ncdps.gov/our-organization/emergency-management/emergency-preparedness/know-your-zone">NC Emergency Management </a>
<a href="https://www.weather.gov/">National Weather Service</a>
<a href="https://www.ready.gov/make-a-plan">FEMA: Make a Plan</a>
<a href="https://flash.org/how-to-make-a-family-disaster-plan/">FLASH: Family Disaster Plan</a>
<a href="https://www.fema.gov/about/news-multimedia/mobile-app-text-messages#Survivors">FEMA Mobile App & text for Shelter</a>
Assemble a Disaster Kit
You will need supplies in the event of evacuation or sheltering in place. The storm and its aftermath can leave you with no electricity, communications, or basic needs. Your disaster kit must have enough non-perishables, water, medicine, radios, batteries, flashlights, and other needs for everyone in your family. Remember to include your pets’ needs. Here are some resources to help you assemble a ready-to-go disaster kit:
<a href="https://www.ready.gov/kit">FEMA: Build a Kit </a>
<a href="https://flash.org/how-to-build-a-disaster-supply-kit/">FLASH: Assembling A Disaster Kit </a>
<a href="https://www.ready.gov/pets">Ready.gov: Prepare Your Pets for Disasters</a>
<a href="https://www.cdc.gov/disasters/hurricanes/before.html">CDC Hurricane Preparedness</a>
Prepare Your Home
Prepare your home in advance to withstand hurricane impacts. Trim trees and shrubs and remove any overhanging limbs from around your home or other buildings. Install storm shutters and impact glass. Seal outside wall openings. Investing in a sturdy garage door that can withstand hurricane-force winds can protect this highly vulnerable aspect of your home. Here are more recommendations for how to protect your home from storm damage:
<a href="https://www.fema.gov/fact-sheet/tips-prepare-your-home-hurricane-season">FEMA: Tips to Prepare Your Home for Hurricane Season</a>
<a href="https://www.youtube.com/watch?v=NykjdRaYLxg">FLASH video: Protect Your Home from Flood Dama</a>
Document Your Possessions
Make as complete a record as possible of all your possessions. Include photos, serial numbers, purchase receipts, and anything else that could help you if you must file a damage claim with your insurance company. We recommend scanning documents and storing images in a portable storage drive you can take with you if you must evacuate. You should also store copies in cloud-based storage for extra security.
<a href="https://cloud.google.com/storage">Google Cloud</a>
<a href="https://www.dropbox.com/features/cloud-storage">Dropbox</a>
<a href="https://www.box.com/cloud-storage">Box</a>
<a href="https://www.sync.com/">Sync </a>
Review Your Property Insurance
It’s always a good idea to review your insurance policies to be sure of what is covered in the event of a storm. Standard homeowners’ insurance may not cover some hurricane or flooding damage, so you should not be caught by surprise. Some zones require flood insurance and extra hurricane insurance is also a sound investment. Contact your insurance company and review your coverage with a local agent.
Learn more about Flood Insurance at <a href="https://www.floodsmart.gov/">floodsmart.gov</a>
Do you need <a href="https://www.investopedia.com/terms/h/hurricane-deductible.asp">Hurricane Insurance</a>?
<a href="https://www.jeffcookrealestate.com/">Jeff Cook Real Estate</a> wants everyone to be smart and safe during hurricane season. Take advantage of the information provided above and do not hesitate to ask for assistance with making your disaster plans. 2023-10-04T13:39:14-07:002023-10-04T13:47:36-07:00Patricia Utseytag:jeffcookrealestate.com,2012-09-20:15075New Years Resolution: Home EditionThe holiday season is already here and soon, you’ll be facing a New Year. This is a time to look forward to the future — but that can be hard to do with so many uncompleted home improvement projects still needing attention. Don’t let those pending tasks rob your holiday joy. Set some New Year’s resolutions to make 2023 the year of home improvement for you.
Here, Jeff Cook Real Estate shares some possible projects you can tackle this coming year to raise your property value and overall satisfaction. And, some suggestions for helping you complete your chosen changes by this time next year.
Popular Homeowner Projects
Being a homeowner is no small responsibility. There are constant needs for upkeep, renovation, replacing worn items, or adding more space. And sometimes, it’s just time for a change in color, decor, or layout. Here are some popular tasks that homeowners often take on, with a few suggestions here and there.
Garage Clean-up/Reorganization — Isn’t it amazing how much can accumulate in a short time! Extra space always seems to fill up. Get brutal and begin throwing out anything you haven’t used in the last year; chances are, you won’t need it again. This can be a great weekend project that can provide fodder for charitable donations or a yard sale for extra cash.
Landscaping — <a href="https://www.jeffcookrealestate.com/blog/these-landscaping-tips-can-increase-your-home-value/">Redoing your landscaping</a> can transform your property. Start by cleaning out existing areas and adding some trees. Flowers, shrubs, edging, and efficient lighting can make your yard the envy of the neighborhood.
Outdoor Patio — Extending your living space into the outdoors is a great way to enjoy natural light and fresh air. Even a small outdoor patio can add value and a new escape for sunrise cups of coffee and silence.
Backyard Entertaining Area — Entertaining at home is a blast with the proper setup. A backyard entertaining area complete with seating, cooking and grilling center, a bar, and a cozy firepit is just the project to add excitement to your home lifestyle.
Minor Bathroom Remodel — Small changes to your bathrooms can make everything seem new. Replace the shower door or install a new tub cover, add new hardware to cabinets and drawers, and consider new faucets or a new mirror.
Minor Kitchen Remodel — Similar <a href="https://www.jeffcookrealestate.com/blog/budget-friendly-kitchen-upgrades-to-help-sell-your-house/">upgrades to your kitchen</a> can add a sense of newness, color, light, and a fresh attitude toward cooking and entertaining. New cabinet hardware, backsplash, faucets, and lighting can make a world of difference.
Smart Technology — New <a href="https://www.jeffcookrealestate.com/blog/smart-home-features-to-add-to-your-home/">smart helps</a> can add safety and convenience to your home, like plugs, detectors, and other home assistant devices. Smart appliances are also available, like refrigerators that can even create and email you a grocery list!
Major Bathroom Renovation — For those needing a whole new look, consider adding new tile, shower or tub combinations, fixtures, and more storage space to completely renovate your bathroom. Serious changes may require knocking out a wall or moving some plumbing, both major undertakings that will need a professional.
Major Kitchen Remodel — The simplest major kitchen remodel is replacing all your appliances with smart or other modern models. New cabinetry, flooring, and paint can also make things new. While you’re at it, how about adding an island or serving area?
Pool Addition — What South Carolina home is complete without a swimming pool? Your kids and neighbors will love you, and relaxing in your own backyard pool can become a wonderful pastime. Get ready for massive changes when you decide to make this new addition.
Accomplishing My Home To-Do List: One Bite at a Time
Making a list of needs and wants for your home is the easy part. But what about accomplishing all those projects? Here are some suggestions to help you get started and keep going until you are satisfied with the results.
Prioritize — While no one wants to eat an elephant, there is wisdom in the method for doing it: one bite at a time. Organize your tasks according to importance, size, and cost. Do small chores first that can be accomplished in a single afternoon or day. Take care of small expenses first. Make a plan for when and how the larger projects will be accomplished. Schedule time to dedicate to each one. Keep your list in a public place like the refrigerator to remind you of your goals and the necessary steps.
Budget — <a href="https://www.jeffcookrealestate.com/blog/budgeting-for-home-improvement-projects/">Setting a budget</a> and funding it are two vital aspects of completing your projects. Research your project costs and determine how much you need to save, then make a plan for saving it. As you reach your funding goals for each project, complete it. Remember to include permits, insurance, professional assistance, and materials.
Know Your Limits — You may be surprised at what you can accomplish yourself on your list, but don’t push yourself too far. Many small tasks can be DIY for a weekend, but know when you need to call in the professionals. You will never regret money spent wisely here.
Choose Wisely — Research the professionals you will need for your home projects. Get quotes and review online comments and recommendations from other clients. Talk to your family and neighbors about home improvement professionals they have used and their recommendations. Here again, time invested in this process will save you considerable headaches and money.
Whatever your home project New Year’s resolutions, we hope our suggestions have given you some direction and purpose to begin with determination and complete each one to your satisfaction! 2022-12-02T09:47:19-07:002022-12-02T10:02:10-07:00Patricia Utseytag:jeffcookrealestate.com,2012-09-20:14759Jeff Cook Real Estate Highlights 2022 Top Agents of Quarter 3Jeff Cook Real Estate is the top rated real estate agency in South Carolina, and one of the top real estate brokerages in the nation. Jeff Cook and the entire team at JCRE wishes to recognize the Top Agents of 2022 Quarter 3.
Top Team: Weedo Group - 20 closed
Buyer Agent: Susan Chamlee - 14 Transactions with $6.39M
Selling Agent: Clayton Hall with 8 closed
Rising Star: Kathleen Cannavaro with 6 closed
Learn more about these top agents below:
Weedo Team
Amy Weedo has two years in Florida real estate and four years with the Jeff Cook Real Estate team. Her talented team encompasses every aspect of the word “team.” Individuals and resources are leveraged to provide the ultimate level of support for all her agents, and this results in premier customer service to clients and local businesses. <a href="mailto:Amy.Weedo@JeffCookRealEstate.com">Email Amy here</a> or call (843) 829-4548.
Susan Chamlee
Susan hails from Rockingham, NC, has been married for 21 years, and has two children. Her son is in the U.S. Air Force and her daughter is a senior in high school. Susan has served 120 families in her five years in real estate. She celebrates the culture at Jeff Cook Real Estate, where every agent’s success is celebrated and recognized. Her biggest accomplishment in real estate is helping clients reach what they thought were unattainable goals. <a href="mailto:Susan.Chamlee@JeffCookRealEstate.com">Email Susan here</a> or call (843) 960-3249.
Clayton Hall
Clayton is from Vero Beach, FL and is a graduate of Florida State University. He and his wife Whitney both are part of the Jeff Cook Real Estate team. They are the proud parents of a new baby girl. Clayton has been with JCRE since 2017 and earned the Realtor of Distinction Silver Circle Award in 2021 with $9 million in sales. He attributes his success to the extensive training and positive culture at JCRE. <a href="mailto:Clayton.Hall@JeffCookRealEstate.com">Email Clayton here</a> or call (843) 396-3773.
Kathleen Cannavaro
Kathleen is a graduate of the College of Charleston in SC and invested 10 years in educating middle school students. She has also owned and operated her own fitness franchise for 15 years before entering real estate with JCRE in 2021. She values the positive culture and the many opportunities for growth through JCRE. Kathleen’s most celebrated real estate experience is helping a 75-year-old, deaf, 1st time home buyer and his non-verbal, legally blind wife buy a house. Now that requires outstanding customer service! <a href="mailto:Kathleen.Cannavaro@JeffCookRealEstate.com">Email Kathleen here</a> or call (843) 483-5995.
<br />Are you interested in buying or selling real estate in the Carolinas? <a href="https://www.jeffcookrealestate.com/">Contact Jeff Cook Real Estate today</a> for more information and let us help you explore the possibilities.2022-10-01T12:57:00-07:002022-10-18T13:18:45-07:00Patricia Utseytag:jeffcookrealestate.com,2012-09-20:14502Why Now is Still a Good Time to Be in Real Estate Interest rate hikes, market trends, political changes, and changing family dynamics are all part of the news every day. <a href="https://www.jeffcookrealestate.com/careers/is-real-estate-right-for-me/">Is now a good time to consider a career in real estate?</a> Should you wait until conditions change to favor buyers? Sellers? Have you waited too long to change careers? Are you too old? Too young? Too whatever (make up your own excuse here)?
The answer to the question “Is now a good time to consider a career in real estate?” is a resounding YES! — especially when you partner with the right brokerage. In South Carolina, that means Jeff Cook Real Estate. We earned the Best Real Estate Agents in Charleston 2022 Award from <a href="https://www.expertise.com/SC/charleston/real-estate-agents">Expertise.com</a> for being the best at what we do, and that means providing superior tools to <a href="https://www.jeffcookrealestate.com/careers/join-jcre/">help our team members succeed</a>.
Supports JCRE Provides for Team Members
Jeff Cook Real Estate knows how to train winners. Our agents are consistently in the top-ranked levels for sales in South Carolina because we teach them how to serve clients with excellence. It begins with cultivating a culture of family that is then passed on to our clients. Everyone is treated with the utmost respect and courtesy, as if every team member and client were family.
And since we’re all family, we want nothing short of the very best for our team!
Training
From classes and seminars, to help with real estate school, to partnering you with a great team, Jeff Cook Real Estate believes in investing in superior level training for all our team members. Newbies and old hands all have opportunities to learn more, grow more, earn more, and experience more fulfillment in their career.
Mentorship
Enjoy a mentoring relationship with one of the top-earning real estate professionals in South Carolina as part of how Jeff Cook Real Estate prepares you for success. Learn from them, be challenged, inspired, taught, shown, pushed, and ultimately prepared to reach your highest level of success with an invaluable mentoring partnership.
Administrative Support
Members of the team at Jeff Cook Real Estate enjoy unparalleled administrative support, from qualified leads and training to professionally trained calling partners, accounting partners, marketing partners, and a host of other professionals in various related disciplines that provide counsel and services when required.
A Culture of Success
In essence, the atmosphere and culture of success that we maintain at Jeff Cook Real Estate is what makes our team the best at what they do. Regardless of interest rates or market conditions, people still want and need to buy and sell homes. A professional team backed with top-tier information and support that treats clients like family can still build a profitable career in real estate, and enjoy your own version of success.
What JCRE Team Members Say
The absolute best testimonies about working with Jeff Cook Real Estate come from within. What do our own team members have to say about working with us?
Jeff Cook Real Estate is consistently rated by our team members as a Top Workplace in South Carolina. This would not be true if we were not dedicated to every team member’s overall success.
For more first hand testimonies from our team members, visit the <a href="https://www.jeffcookrealestate.com/careers/join-jcre/">Jeff Cook Real Estate Careers page</a> on our website and scroll down to view several candid videos under the heading “A Day in the Life of a Real Estate Agent.”
Here’s a few snippets: <a href="https://youtu.be/6PhU1ardTZs"><br /></a>
<a href="https://youtu.be/6PhU1ardTZs">Kayla Richardson</a> says, “What I love most about working with Jeff Cook Real Estate is the culture.” She goes on to use words like “team” and “family.”
<a href="https://youtu.be/gSJ6hp5Vc4E">Whitney Muncey</a> cited the financial and time freedom to spend with her son as vitally important. She also values the opportunities to train other real estate agents that join JCRE.
After hearing from several of our successful team members, you’ll be inspired to join our team, too. Just complete the form at the bottom of the Careers page and let’s get started! 2022-09-16T12:39:00-07:002023-02-28T14:35:36-07:00Patricia Utseytag:jeffcookrealestate.com,2012-09-20:14202Interest Rates and Buying a HomeIf you’re looking into buying a home, and even if you wish to sell your home, you will need to pay attention to interest rates. These rates can mean paying more or paying less over time for a home. They are a necessary evil when obtaining funds from a lender, but they are not something to fear.
Learn more about <a href="https://www.credit.com/personal-finance/how-interest-rates-work/">interest rates</a> and buying a home and how you should view interest rates in the home buying process.
What Should I Know About Interest Rates?
The United States Federal Reserve is sort of a central bank that distributes currency and monitors monetary policy for the country. One of their jobs is to regulate the economy and prevent serious problems. Part of doing that is raising and lowering interest rates.
Interest rates are what the government charges banks to borrow money. In turn, banks forward these charges to consumers. When you borrow money, say, to purchase a home, you are required to pay a certain amount above the actual purchase price, as the price of borrowing money. This covers the bank’s risk in loaning you money.
<a href="https://www.jeffcookrealestate.com/blog/whats-the-deal-with-interest-rates/">How do interest rates affect buying a home?</a> Higher interest rates cost home buyers more money over the life of a loan. A mortgage loan with as much as a half percent higher interest rate can add to your monthly payment and your overall cost, because you are paying more to the bank to borrow the money.
Eliminate Fear and Buy a Home
Now, for the uninitiated, some interest rates can scare them away from making a home purchase. Of course, everyone wants to purchase a home at the most favorable interest rate possible in order to save the most money. But waiting out the economy, or what the fickle Fed may do, can be a shell game that only breeds frustration.
There are things you can do as a potential buyer to <a href="https://www.chase.com/personal/mortgage/education/financing-a-home/ways-to-reduce-mortgage-rates">help get the lowest possible rates</a>. These include:
Improve your credit score
Reduce your debt
Have a large down payment
Increase your income
Apply for a shorter term loan
Shop lenders for the best rate
Overall, the best advice for interest rates and buying a home is this: marry the house and date the rate. In other words, make a permanent commitment to the home of your dreams, realizing that interest rates will come and go.
Finding the perfect home for your family’s needs can be a tough chore — and when you finally find it, you don’t want to be stymied worrying about interest rates. When you find the perfect home, ACT! Buy the home at the best interest rate available and settle in to enjoy it. Eliminate the fear of interest rates and live your life in your new home to the fullest.
Because interest rates always shift, be sure to lock in your interest rate at the current rate, and keep an eye on how they fluctuate. If the rates drop an appreciable amount, <a href="https://www.jeffcookrealestate.com/buyers/refinancing/">refinance to the lower rate</a>. If they rise, at least you already have a lower rate locked in.
Get Help from a Local Real Estate Expert
Knowing when and how to buy a home can be troublesome, but it can be much easier with help from a local real estate expert. Jeff Cook Real Estate is the top rated real estate agency in South Carolina because our agents treat you like family. We’re not satisfied until you’re satisfied. <a href="https://www.jeffcookrealestate.com/contact/">Contact us today</a> and connect with an experienced local real estate expert in South Carolina who can make buying a home a breeze! 2022-08-17T09:55:00-07:002022-11-14T12:26:58-07:00Jeff Cooktag:jeffcookrealestate.com,2012-09-20:140536 Ways to Care for Your HouseplantsHappy houseplants add an atmosphere of life and vigor to your home. But how many times have you fallen in love with a plant at the store, only to watch it die a slow and painful death in your home? When bringing a bit of nature into your home, it pays to remember that most every plant has several basic needs.
Jeff Cook Real Estate routinely offers real estate tips for buying and selling a home, but we also like to help improve your life wherever you live. Here’s six ways to care for your houseplants that will help your plants live their best life — and contribute materially to yours.
Provide the Best Light
Everyone knows that plants need sunlight to perform vital functions. But <a href="https://www.npr.org/2020/06/02/867887979/why-does-my-plant-look-sad-6-tips-for-raising-happy-houseplants">the right kind of light</a>, and the right amount, are essential. Common real estate tips will recommend placing plants near sources of natural light and turning them every few days so each part of the plant receives adequate sunlight.
South-facing windows tend to get the most natural sunlight. Be careful not to place plants in direct sunlight. Most houseplants will thrive with medium indirect natural light or even low light. For specialty plants, you may wish to consult with an experienced gardener.
Provide Adequate Care for Roots
Keep an eye on the roots of your houseplants. Keeping them moist but not soaking wet will prevent root rot. Pull out your plant periodically when the soil is dry and examine the roots. If they seem bunched together, growing around the pot or pushing out the pot’s drain holes, it’s time to move the plant to a larger pot with more room.
You may also want to prune the plant at this time, ridding it of any dead leaves or growth. Large plants can often be separated at the roots to make additional plants for repotting. Some plants adjust to this better at certain times of the year. Consult with a local gardener or plant specialist for your particular houseplants.
Provide Just Enough Water
Enough is enough when it comes to how much water your houseplants need. Most real estate tips say you should add water when the soil is dry for about an inch to two inches into the pot. Water all around until just a trickle is visible at the pot’s drain holes. Then put your watering can away and leave it alone. Over watering is just as bad as a lack of water. Check your houseplants every two or three days for soil moisture and only water when the above guideline is true.
Provide Extra Nutrients
Houseplants can use some occasional fertilizing, but as with water, don’t overdo it. Spring and summer are the typical seasons for plants to experience growth spurts, so a little extra nutrients are warranted. Choose a light fertilizer with equal amounts of nitrogen, phosphorus and potassium. An equal distribution will see a proportionate growth of both green leaves and flowers.
Provide Enough Space
Not only do your plants need adequate space in their own pot, but they need <a href="https://www.bhg.com/gardening/houseplants/care/houseplant-care-guide/">room around the pot</a> for adequate air and light. Avoid crowding many plants together in a sunroom or bright spot of a room. Sparingly spread your houseplants around in many rooms. This adds life to other areas of your home and allows the plants to grow freely without competing for space.
Provide Occasional Baths
Houseplants get dusty, too. Dust your plants with a soft cloth or rinse the leaves periodically during watering. A coating of dust prevents the plants from absorbing enough sunlight; not to mention it makes your plants look old and dirty. Clean, healthy plants are attractive and add life and color to your home.
Want more real estate tips for how to care for your home or learn more about buying and selling real estate in South Carolina? <a href="https://www.jeffcookrealestate.com/blog/">Follow the Jeff Cook Real Estate blog</a> for regular updates. 2022-07-30T07:37:00-07:002022-07-13T06:54:33-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:14050Buying A Home: Wants Vs NeedsFinding the right home can be difficult in today’s housing market. There are many more families looking to buy, so homes for sale are at a premium. This means you will likely pay more for the home you want and/or need, so it pays to plan ahead and be discerning about choosing and <a href="https://www.jeffcookrealestate.com/buyers/">buying a home</a>.
Your dream home is out there somewhere — determining what it will be like and if you can afford everything you want in a home is of paramount importance. Balancing the “wants” and the “musts” can be tricky and painful. Follow these tips from Jeff Cook Real Estate to narrow down the choices and find the perfect home.
Establish Your Budget
Of course, the first step in buying a home is determining the amount of money you have to work with. Then you can decide how much you want to spend to purchase the home. You may also want to stay within a certain amount for purchase, while holding back some funds for repairs, upgrades or renovations. Several factors impact your budget for buying a home.
Down Payment
How much money you have earmarked for a down payment will impact your financing and how much you can borrow. Conventional loans can demand a down payment of at least 20% of the asking price. Of course, any money you can pay down means borrowing less, less finance charges and a better interest rate.
Proceeds from Sale of Current Home
Many families are transitioning from a current home to a newer one for a variety of reasons. <a href="https://www.jeffcookrealestate.com/blog/buying-and-selling-a-house-at-the-same-time/">Buying and selling a house at the same time</a> is possible, but it can be tricky. An experienced Realtor can help balance out the timing and details. The money you realize from the sale of your current home (after paying off any existing mortgage) can provide funds to help with the purchase of a new home.
Extra Money in New Mortgage for Renovations
You may want to consider “As-Is” listings to find homes at cheaper prices that may need a little work. You can possibly borrow the entire value amount, which would purchase the home and leave some extra money for renovations, repairs or adding those “wants” on your list.
Get a Handle on Priorities
After you’ve established your budget and how you plan to use any existing or projected funds, you need to figure out what you want in a home. Create a spreadsheet so you can combine lists of features, and categorize them appropriately. Here’s an example of the lists you should create:
Must-Haves – These are essential. If a house doesn’t have these features, it won’t work for your family. Some examples can be a location close to work, location within a desired school district, number of bedrooms and bathrooms, home office space, and a full basement or garage.
Nice-To-Haves – These features would be nice but you can live without them. Nice-To-Haves aren’t dealbreakers, but if you find a home that includes all or most of these, it’s definitely near the top of your list. Some examples may be a garage, storage building, home office space, entertainment room, fenced-in yard or decorative landscaping.
If-I-Could-Only-Haves – This is where you dream big. You don’t need these features, but they’re on your wish list. Any home in your budget that has all the must-haves, most of the nice-to-haves, and any of these, is a clear winner. Some examples could be walk-in closets, swimming pool, farmhouse style kitchen, new appliances, real hardwood floors, garden tub or a master bedroom suite.
Discuss Negotiables
Now, after making your lists above, discuss which items are negotiable and which ones are absolutely essential. This can mean some reshuffling of your lists.
What are you willing to bend on?
Is a bedroom worth giving up for a swimming pool or hot tub?
Is a longer commute worth the trouble to get the kids in better schools?
Is that perfect kitchen worth surrendering office space?
Is a garage preferred over decorative landscaping or a fenced-in yard?
A good plan always includes some flexibility and room for negotiation. You will rarely find a home with everything exactly as you would prefer, but getting as close as you can on your budget is the target.
Contract with the Right Realtor
You’ve probably heard the old adage about valuation in real estate depending on three factors: Location, Location and Location! A similar rule holds true about choosing the right Realtor: Connections, Connections and Connections! A well-connected real estate professional will have ready access to numerous properties from which you can choose, and will quickly be notified when new properties become available.
In a sellers market, prime properties are rare and will be snatched up quickly by hungry buyers. Contracting with the right Realtor can make the difference between finding the home of your dreams and missing the best opportunities. <a href="https://www.jeffcookrealestate.com/contact/">Contact Jeff Cook Real Estate today</a> if you’re considering buying a home in South Carolina.
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2022-07-23T14:22:00-07:002022-10-18T05:50:31-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:13862Buyers Losing Purchase PowerIf you’re considering <a href="https://www.jeffcookrealestate.com/sellers/">selling your home in South Carolina</a>, it’s important to keep abreast of how the current real estate market is trending. Jeff Cook Real Estate pays close attention to markers that reveal the health of our local real estate market, and one of the most significant involves Buyer Purchase Power.
According to Investopedia, <a href="https://www.investopedia.com/terms/p/purchasingpower.asp">Buyer Purchase Power</a> is basically how much consumers can buy with a given amount of money. Consumers lose purchasing power when prices increase. They gain purchasing power when prices decrease.
When dealing with buying and selling real estate, each state has a Buyer Purchase Power Index (BPPI) that is calculated using the state’s average income and the mortgage interest rate. This number fluctuates because average income generally changes very slowly, while interest rates change constantly.
How Does Buyer Purchasing Power Affect Home Prices?
Buyer purchasing power is a major driver for home prices. As purchasing power increases, buyers are able to pay more for a home, and home prices rise. When buyer purchase power falls, home prices will generally decrease. The money is simply not available in many buyer’s budgets to pay top dollar for a home; they have to settle for less. In order to sell a home, a homeowner may have to lower their asking price.
The overall BPPI increased throughout 2019-2020 and into 2021 because mortgage rates declined. This raised buyer purchasing power, or a buyer’s ability to get more for their money. Accordingly, home sales increased and sellers enjoyed the freedom to demand higher prices. Indeed, some price wars were witnessed in the South Carolina housing market as prospective buyers attempted to outbid competitors for desired properties.
Why Are Buyers Currently Losing Purchase Power?
Many factors impact buyer purchase power. <a href="https://www.jeffcookrealestate.com/blog/whats-the-deal-with-interest-rates/">The Fed</a> has indicated that the <a href="https://www.fool.com/the-ascent/federal-reserve-interest-rates/">benchmark interest rate</a> will remain near zero through at least 2023, but some mortgage interest rates are climbing. There is trouble with sustaining a real jobs recovery. As of early 2022, the federal foreclosure suspension and the vast majority of state foreclosure moratoriums <a href="https://www.washingtonpost.com/business/2021/08/03/faq-foreclosure-moratorium-ending/">have expired</a>. All these factors have a negative impact on purchase power.
In the current real estate market, although it’s relatively easy to get your home under contract, not just any agent can get your home closed. Low inventory, high demand, and rising interest rates have made it challenging and stressful for sellers to sell their existing home and purchase another. An average of two out of every three homes make it to the closing table.
This is extremely important if you are a homeowner looking to sell your home. For every percent the interest rates rise, buyers lose 10 percent of their purchasing power. This means buyers who could have afforded a $300,000 home can now only afford the $270,000 home. But add this truth to the mix: low housing inventory and rising home prices make the $300,000 home worth $350,000.
In short, the buyer has now lost 30%-35% of their buying power due to the shifting market and interest rates.
Is Now a Good Time to Sell My Home?
Now is not only a good time to sell your home in South Carolina, but to be sure you close the deal. Jeff Cook Real Estate has the team with professional skills and knowledge to help buyers and sellers get the deals they need for their homes and property. <a href="https://www.jeffcookrealestate.com/">Contact us today</a> and ask to speak with an agent about listing and selling your home in South Carolina. 2022-06-21T06:02:00-07:002022-06-21T04:11:33-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:13597Renting vs. Buying a HomeChoosing whether to rent or become a homeowner is a huge decision that involves many moving parts. <a href="https://www.jeffcookrealestate.com/buyers/">Buying a home</a> has traditionally been part of the American Dream, nevertheless, you should investigate the pros and cons of renting vs. buying a home every few years, or especially as your life situation changes.
Renting or buying a home largely depends on three major considerations:
Your financial situation
Your lifestyle
Your personal goals
Obviously, some factors for either choice remain the same. Renting and becoming a homeowner provides you a place to call home and they both require a steady income to make rent or mortgage payments.
Let’s take a look at <a href="https://realestate.usnews.com/real-estate/articles/renting-vs-buying-a-home-which-is-smarter">renting vs. buying a home</a> to help you consider both options.
Renting a Home
Renting a home allows you to occupy a living space that is owned by another party. In exchange for your rent, you live there, house your belongings there, receive your mail there, entertain friends there, and otherwise act as if it’s yours. But it isn’t your property, and that can come with some caveats.
Depending on your landlord or property owner or manager, there may be strict regulations that govern how you live. For example, some rental properties don’t allow pets, smoking indoors, gas grills, loud parties or more than a certain number of guests or vehicles at a time. They may also reserve the right to inspect your home at any time, and may schedule maintenance tasks at inconvenient times.
However, renting does have its advantages. You are not locked into living there forever, or even for a long time. Once your initial lease is over, you can choose to renew it or move elsewhere. Your landlord handles all maintenance costs to the property, including any appliances provided, yardwork, pest control and more. Your housing expenses remain relatively stable, unless your rent is raised when you renew your lease. Over time, you can even move about and experience different locations or living conditions, to see what suits you for the long term.
Basically, you remain in a more flexible situation when renting. But you should realize that goes both ways. Just as you can decide to move on, your landlord can decide to sell the property out from under you, or just stop renting it, or raise the rent. You may save some money; but renting in some areas costs more than mortgage payment for a comparable home.
Buying a Home
Buying a home brings a sense of stability, as it is a more permanent arrangement. You can still move, but arranging to do so requires either selling the home and buying another, or renting your home and finding some other housing solution for yourself. Being a homeowner gives you complete freedom over your living space. You can <a href="https://www.jeffcookrealestate.com/living-room-planning-tips/">customize it</a>, smoke, house pets indoors, or throw lavish parties.
Owning a home comes with certain tax benefits, and some green energy solutions allow you to claim even more. Most home values increase over time, so your home is not just a place to live — it's an investment into the future. Building that equity means you are <a href="https://www.jeffcookrealestate.com/blog/market-update/">building wealth</a>.
Of course, this can be offset by maintenance costs, repair costs, closing costs and other taxes on the property. All these can vary greatly depending on location and other factors. Researching these possible costs is part of your ‘<a href="https://www.jeffcookrealestate.com/blog/buying-a-home-what-is-due-diligence-when-buying-a-home/">due diligence</a>’ before buying a home anywhere. Home values can also decrease in some areas, due to factors beyond your control.
Should You Become a Homeowner?
When considering the question of whether or not you should become a homeowner, consider the above pros and cons, and then return to the three major considerations we mentioned previously:
Your financial situation
Your lifestyle
Your personal goals
Are you financially able to purchase a home? You may be surprised to learn that buying a home can be more affordable than renting long-term. And, if you’re looking for an investment, home ownership is historically one of the soundest investments most people make in their lifetimes.
Does your lifestyle support becoming a homeowner? A fluid life that moves about often may dictate renting is the best option; however, if you plan to remain in the same locale for at least 5-7 years, there could be some home ownership options that are more affordable and more attractive.
What are your personal goals and how does that impact how you live? Growing wealth and building a stable base for family and career strongly suggests buying a home. A lifetime of travel and risk-taking may point to renting. But remember, everyone gets older and needs a base, a place to settle down and thrive. Buying a home can provide that stable place you need at this point in your life.
Why not call today and start a conversation with a local housing expert from Jeff Cook Real Estate? Our professionals know how to help people and families weigh the options and make the best decisions for their housing needs in South Carolina. <a href="https://www.jeffcookrealestate.com/">Call or send us a message online</a> today to schedule a conversation about your housing future.
2022-05-26T15:23:00-07:002022-09-27T06:16:11-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:13598What's The Deal With Interest Rates?If you’re currently looking at <a href="https://www.jeffcookrealestate.com/buyers/">buying a home</a>, you may be asking yourself this question. The Federal Reserve raised interest rates on March 16 of this year in an attempt to control rising inflation. What does this mean for buying a home? What if you already own a home?
The Federal Reserve and Interest Rates
In 1913 the government established the Federal Reserve to help <a href="https://www.wsj.com/livecoverage/federal-reserve-meeting-inflation-rate-may-2022">regulate the American economy</a> and prevent economic fluctuations and downturns. The Federal Reserve is sort of a central bank that distributes currency and makes policies about money.
A part of that is regulating the amount of money in circulation throughout the American economy and raising and lowering interest rates. The theory is, if interest rates are higher (costing more to borrow money), people and businesses will borrow less money and the economy flows slower, which is supposed to help lower inflation.
How Do Interest Rates Affect Buying a Home?
When the Federal Reserve raised interest rates, banks were forced to pay more interest to get money, which they, in turn, charge you to borrow money. This means that the interest on any loan from lenders, including mortgage loans, is now higher than before. The banks pass on the higher interest rates they are charged to you, the consumer.
How do interest rates affect buying a home? Higher interest rates cost home buyers more money over the life of a loan. A mortgage loan with as much as a half percent higher interest rate can add to your monthly payment and your overall cost, because you are paying more to the bank to borrow the money.
Should I Fear Higher Interest Rates?
Not necessarily. If you’re focused on <a href="https://www.jeffcookrealestate.com/buyers/">buying a home</a> right now, and you’re financially prepared with an adequate down payment, go ahead and buy the home you want or need. Interest rates fluctuate and the housing market changes often. While yes the interest rates are rising, interest rates are still extremely low compared to interest rates in the 1980’s and 1990's. Also, if you’re poised to make a cash offer, you need not fear interest rates at all. An experienced Realtor® can help you decide if you’re truly ready to purchase a home now. Remember, interest rates can rise again, making now the best time to buy for a while.
If you’re <a href="https://www.jeffcookrealestate.com/sellers/">selling a home</a>, you may feel confused about selling right now. The sense of urgency to sell before interest rates increase is due to the effect the increased rates have on potential buyers’ power. Buyers will have to pay more to borrow money, causing them to be able to afford less than they previously could have afforded so they will want to negotiate more for a better price. Again, a seasoned Realtor® can help you with those decisions, including how to price your home to allow for negotiating, how to set up your home for viewing to make the best impressions and more.
Although the fear may have been negated, there is still a sense of urgency if you are buying or selling. If you’re buying, your buying power is reduced with every increase to the interest rate meaning you may not be able to get as much house. For this same reason, the pool of approved buyers has potential to decrease, so if you've been thinking about selling, you may want to act soon in order to take advantage of having more qualified buyers!
Jeff Cook Real Estate is the premier real estate firm throughout South Carolina, with many programs for helping you when selling or buying a home. <a href="https://www.jeffcookrealestate.com/">Contact us today</a> and speak with a team member about your concerns. We’re glad to answer your questions and help you negotiate the ever-changing housing market.2022-05-24T13:51:00-07:002022-07-15T05:39:22-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:13421Market Update: South Carolina Real Estate Trends Q1 2022South Carolina real estate market trends have been fairly constant throughout 2020 and 2021. Market trends through the first quarter of 2022 have followed a similar pattern. South Carolina continues to be a hot market for sellers. South Carolina is the <a href="https://www.unitedvanlines.com/newsroom/movers-study-2021">third-most-popular destination for new movers</a>, and Charleston, especially, is among the nation’s <a href="https://www.jeffcookrealestate.com/blog/charleston-sc-is-amongthe-nations-hottest-real-estate-markets/">hottest real estate markets</a>.
The National Association of Realtors predicted that Charleston would be one of the<a href="https://www.nar.realtor/reports/top-ten-markets-during-and-in-a-post-covid-environment-in-2021-2022"> top 10 markets in a post-COVID environment</a>, and this has certainly proven true. The Charleston real estate market keeps breaking records, with other SC municipalities following closely behind.
First Quarter SC Real Estate Market Trends
While everything about market trends cannot be discerned through numbers and statistics alone, they do reveal solid data. The first quarter (JAN-MAR) of 2022 was extremely positive, according to the numbers.
Median Home Sale Price - $320,000 (+16.8% over 2021)
Median Home Value Index - $268,500 (+24% over 2021)
SC Homes for Sale - 17,122 (-22.7% from 2021)
SC Homes that Sold above List Price - 36.4% (+13.5% over 2021)
Median Days on the Market - 47 (-26 from 2021)
Observations on SC Market Trends
The latest data from the U.S. Census Bureau shows that Charleston and the Charleston Metro area <a href="https://www.census.gov/quickfacts/fact/table/charlestoncitysouthcarolina,berkeleycountysouthcarolina,charlestoncountysouthcarolina,SC,US/PST045221">grew with double-digit rates</a> over the past decade. Charleston posted 25% growth, while Charleston County hit 16.6%. Berkeley County reached a respectable 29%. Most other South Carolina real estate markets were not far behind.
The same data showed Greenville as one of the top 10 housing markets positioned for growth this year. Realtor.com expects housing prices to increase by 5.7% and sales to grow by 11.4% in 2022. Myrtle Beach home prices have risen 17.8% over the first quarter of 2021.
The increasing population trend is driven by rising area incomes, better economic opportunities, a desire for better climatic conditions, and the appealing low country culture. Home prices and values are rising because of increased demand and a lower supply. Plus, with construction still slowed by supply chain issues and higher material costs, existing homes will be in even greater demand.
The numbers also show that a significant percentage of homes sell for more than the original listing price, which often signals multiple buyers making offers and bidding higher to secure the home they want most. This can also account for the lower number of days most homes remain on the market before going under contract.
Real estate market analysts predict that the SC housing market will cool slightly, as prospective buyers wait longer for prices to improve. Homes may spend more time on the market as a key indicator of this trend. However, this predicted trend has not materialized in any measurable form by the end of March 2022.
Sell Your Home in South Carolina with Jeff Cook Real Estate
Now is the time to sell your home in South Carolina. Your current home value is appreciatively higher than just one year ago, and favorable interest rates still make it affordable for more buyers. If you’ve been considering <a href="https://www.jeffcookrealestate.com/blog/should-you-break-up-with-your-house/">breaking up with your old house</a>, the market trends are in tune with sellers.
The <a href="https://www.jeffcookrealestate.com/blog/faq-what-is-a-sellers-market/">sellers market</a> remains strong all across South Carolina, especially in the low country. Jeff Cook Real Estate has numerous programs and ways to help sellers get the most out of their SC homes, and faster than with other routes. We have buyers currently looking for the perfect home, so contact us today to <a href="https://www.jeffcookrealestate.com/sellers/">sell your home in South Carolina</a>. 2022-04-27T06:27:00-07:002022-04-19T09:40:48-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:13418Why Do A Final Walkthrough? The final walkthrough before <a href="https://www.jeffcookrealestate.com/buyers/step-by-step-buying-guide/">buying a home</a> is more than a ceremonial observance. It is a vital step in the home buying process. Usually attended by the home buyer and their real estate agent, it is a room-by-room final inspection of the home. A first-time home buyer will surely want their agent present to help them look for anything amiss.
The final walkthrough determines that the home is in the same or better condition as when first viewed and that the seller has taken nothing from the home that should remain. The buyer should also make sure that any repairs due from the seller have been completed to their satisfaction.
It’s important to verify these issues before <a href="https://www.jeffcookrealestate.com/buyers/what-are-closing-costs/">closing</a>. After papers are signed, the house now belongs to you in its present condition. Finding out about problems later means it’s your responsibility to handle them. So, make sure you are thorough in your final walkthrough.
Your Final Walkthrough Checklist Before Buying a Home
The final walkthrough should not be rushed or based on memory alone. If you took pictures at an earlier viewing of the home, bring them with you and compare them to what you see now. It would also be wise to bring this checklist, or one you create yourself, to use as a guide. There may be many things you want to remember, so making a list will help you with your inspection.
Examine Any Promised Repairs
Keep a list of any repairs the seller promised to make and examine those repairs to see they were completed properly. You should also bring a copy of the home inspection report and check to be sure any repairs or items noted in the report have been handled. Test any newly installed appliances or components.
It’s also a good idea to ask the seller for any repair receipts or warranties for the repairs they made to the home. The warranty covers the repairs and this goes with the home. If something happens soon after closing, it should be covered by the warranty. This can save you time and money.
Review Space for Leftover Belongings
The final walkthrough is much easier in an empty house, so you want all the seller’s belongings to be removed. Note anything left behind and contact the seller about removing it. Also, check that any items the seller agreed to leave behind are still present and in good working condition. Contact the seller if there are discrepancies about any agreement.
Check Appliances and Fixtures
Run every appliance to ensure they are in good working condition. Run water through every faucet and flush every toilet. Look for leaks, drips, or signs of water damage underneath cabinets and sinks. Common things new home buyers may neglect to check include:
Opening and closing the garage door with any automatic controllers
Running every setting on the HVAC for a few minutes
Arming and disarming the security system
Running the garbage disposal
Testing the oven
Testing for smells from the oven or when running water
Checking water pressure in the shower
Testing the tub drain
Look underneath all sinks, cabinets, dishwasher refrigerator, and the toilet bases for signs of mold or moisture damage.
Review Security Measures
Open and close every window and door, ensuring they work smoothly. Test every lock. If the home has a security system, arm and disarm it. Open windows and doors while it is armed to check the alarm and each opening’s alarm sensor. Look for holes or tears in window screens and damaged weatherstripping.
Test Electrical Components
Bring your cell phone charger and plug it into every outlet to make sure they work. Make sure all outlet and switch covers appear secure and unbroken. Operate all light fixtures, doorbells, automatic garage openers and other automated features. Make sure you have the codes for any smart systems, security systems, and other programmable devices.
Inspect Outdoor Area & Structures
Your final walkthrough should also pay attention to the outdoor elements of your new property. Check to see that landscaping is still present and well-maintained. Inspect any fences and test the operation of any gates and locks. Be sure to closely inspect swimming pools and equipment, outbuildings, and other structures that are part of the property. Test the irrigation system, if one is present.
Be sure no items are left in storage sheds or outbuildings, particularly dangerous chemicals. This can include pool chemicals (unless the seller agreed to leave you any usable materials), paint, used oil, or old cleaning substances. These should be removed before closing.
Look for Evidence of Pests
Pests of various kinds can move in quickly after the seller moves out, so look for evidence of mice, squirrels, birds, and any bite marks on wood. Signs of termites may now appear after everything has been removed from the home. Check chimneys for birds or squirrels, particularly if the chimney has been unused for some time.
Handling Issues Found During the Walkthrough
Buying a home is a huge undertaking, so you want everything to be as agreed with the seller. Depending on the type of contract you have agreed to, there will be an opportunity for you to request repairs from the seller so that you can move into the home in the condition you would like for it to be in when you buy it. Your agent will walk you through the process and explain the ins and outs of how the contract works, and how to request repairs from the seller. Once agreed, the sellers will be obligated by the contract to follow through on their legal agreement to remedy your concern.
There may be instances where some items cannot be completed prior to closing. There are several options you can utilize to work out an agreement that works for all parties and still close on your new home! Some of these options include:
Delaying closing to allow time for repairs to be completed
Holding funds from the seller in an escrow account to cover repairs after closing
The seller pre-paying the vendor in advance for repairs to be completed when they can be scheduled
The final walk-through is a crucial aspect of the home buying process and allows for you to ensure that all agreed-upon repairs were completed prior to closing on your new home. Take your time during this final walk-through and ensure that everything is complete or that there is a plan in place for any items that were unable to be completed and your agent will help you remedy anything that is outstanding!
Jeff Cook Real Estate is the top Realtor® in the Carolinas and his team can make the home buying process simple and enjoyable. Are you a first time home buyer? <a href="https://www.jeffcookrealestate.com/">Contact Jeff Cook Real Estate</a> today for seasoned assistance through every step of purchasing your new home.
2022-04-19T15:11:00-07:002022-04-19T09:19:35-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:12880What is Seller Financing? - Real Estate Tips Investopedia defines <a href="https://www.investopedia.com/terms/s/seller-financing.asp">Seller Financing</a> as, “... a real estate agreement in which the seller handles the mortgage process instead of a financial institution. Instead of applying for a conventional bank mortgage, the buyer signs a mortgage with the seller.”
It is also sometimes called owner financing or a purchase-money mortgage agreement. Should you consider seller financing when buying or selling a home? What is involved in seller financing? Let’s take a closer look.
Why Should I Consider Seller Financing?
Seller financing can be a viable option for both buyers and sellers for a number of reasons. Primarily, in markets where financing is difficult, this alternative form of credit can be helpful. Both parties can avoid certain extra costs at closing and other related expenses. Some benefits and drawbacks are listed below.
Seller Benefits
Seller benefits from owner financing can include:
Saving considerable closing costs
Possibility of significant savings on capital gains tax
Faster sale turnaround
The option to sell property as-is without needing repairs
Freedom from property tax and homeowners insurance
Freedom from maintenance expenses
Option to sell the owner-financed mortgage to another investor
Buyer Benefits
Sellers aren’t the only ones who can benefit from owner/seller financing. Buyers can enjoy some benefits, too, including:
Greater access to financing for low-income buyers
Lower closing costs
More flexible agreement terms
Possibility of no private mortgage insurance costs
More accessible if a buyer has poor credit
Seller Financing Disadvantages
Of course, seller financing has some disadvantages as well as benefits for both the buyer and seller. These can include:
Few regulations to protect buyers and sellers
Buyers can still lose the home to foreclosure if the seller doesn’t make their own mortgage payments on the property
The buyer can end up paying too much for the property
In most cases, higher interest rates and a bigger down payment are required
The seller assumes certain risks if the buyer defaults on payment
What is Involved in Seller Financing?
Since a bank or other financial institution isn’t involved in the seller financing transaction, things can be simpler. However, both parties should be fully aware of the possible risks they are undertaking, and do everything possible to mitigate those risks. Written and notarized contracts are a minimum requirement. You are still making a purchase agreement for thousands of dollars.
Both parties should agree on the terms and conditions of a contract, spelling out everything possible about the transaction. This should include:
Total purchase price
Monthly payment amounts and due dates
Provisions for late payments and fees
Interest rate
Any related tax provisions/agreements
Required down payment amount and method of payment
Any as-is agreement or repair-before-sale stipulations
If the seller owes a mortgage on the property and the written permission from the mortgage holder for the transaction, if required.
Conditions that incur loan default and provisions for handling it
Once these and any other conditions are agreed upon, both parties and a notary witness can draw up the documents and execute the sale. Transfers of funds should happen as agreed as soon as possible.
Do I Need a Realtor If I’m Involved in Seller Financing a Home?
It is recommended that both buyer and seller consult with a seasoned real estate professional like a Jeff Cook Real Estate local expert who is experienced in seller financing and home transactions. They can provide valuable advice to protect each party and to help ensure that the deal meets everyone’s needs and any legal requirements in your state and/or area. You may also want an experienced real estate attorney to actually create the seller financing contract and any other related paperwork.
<a href="https://www.jeffcookrealestate.com/contact/">Contact Jeff Cook Real Estate</a> today to learn more about the possibilities of seller financing your home in Charleston, Columbia, Greenville, Rock Hill, Charlotte, and Myrtle Beach.
2022-02-18T14:03:00-07:002022-02-16T12:05:35-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:12060Buying a Home | What is 'Due Diligence’ When Buying a Home?Many people are unschooled about the various aspects of buying a home. The purchase of a new home is likely the largest investment most people will ever make, so it pays to learn what you need to know before buying a home. One of the home buying terms you will hear often, is “due diligence.” What exactly does that man, and where does it fit into buying a home?
Due Diligence Defined
The most basic definition of “due diligence” is getting to know something – all about something – so that intelligent decisions can be made. Doing your “due diligence” when buying a home means investigating the various aspects of the property in question and the proposed deal.
One of the most common home buying terms you may hear is a “due diligence period.” This is the timeframe between entering a contract and actually closing the purchase deal that gives time to discover any defects in or around the property that you may want addressed. Often, you can cancel the deal during this time if too many problems are discovered.
In short, doing your due diligence as a new home buyer means getting to know everything possible about the property you are seeking to purchase. Let’s break that down into manageable chunks so you can see how “due diligence” applies.
Get to Know the Neighborhood
It’s important to become familiar with the area around your prospective new home. Bad neighborhoods, shady neighbors, nearby bothersome utility installations or factories and a host of other concerns can negatively impact a property’s value. Not to mention make it a miserable place to live. Talk to other area homeowners and as many neighbors as possible for an honest appraisal of the area’s reputation.
It is always wise to learn about any HOAs and their policies that affect your neighborhood or new home. Some can be very beneficial and keep property values high; others can be like living in a dictatorship. HOA fees, restrictions, membership regulations and more should be carefully investigated and considered as part of learning all you need to know before buying a home.
Get to Know the Property
If the location seems to be a good fit (remember – “Location, location, location!”), it’s time to begin your due diligence about the property you are interested in buying. A walk-through with the realtor and/or owners is a good place to start, but don’t expect to learn everything you need to know. Sellers often use this to “put their best foot forward” and showcase the best parts of the home. That’s nice, but you aren’t just buying the nice parts – you are buying it all. So, you need to dig deeper.
This can begin with the seller’s disclosures. Some states require sellers to disclose certain things about the house up front. For example, federal law requires that owners of homes built before 1978 disclose information about <a href="http://www2.epa.gov/lead/real-estate-disclosure">the presence of led-based paint</a>.
Seller’s disclosures become a part of your real estate contract. According to <a href="https://www.scstatehouse.gov/code/t27c050.php">South Carolina Code § 27-50-40</a>, sellers must provide potential buyers a written disclosure statement that reveals any known defects about the property. The law specifies nine different areas that must be covered, if defects exist.
It is also wise to pay attention to a pre-sale home inspection report. This report will contain any discovered problems with the home, as well as recommendations for other inspections of a more specific nature, if other problems are suspected. This can include a structural inspection, destructive pest inspection, radon gas inspection and even a <a href="http://www.consumer.ftc.gov/articles/0124-tests-defective-drywall">defective drywall inspection</a>.
Another key part of doing your due diligence is to obtain a land survey, or a copy of one recently completed. This can prevent serious misunderstandings later, like discovering that your neighbor’s inground pool sits partially on your property.
Get to Know Your Standard Protections
A local realtor from Jeff Cook Real Estate can help you understand more about the area and what specific insurance provisions may be required. In some areas, you may be required to obtain specific flooding insurance in addition to your homeowners insurance policy. Depending on how you plan to use the property, you may need other forms of property insurance.
Obtaining title insurance can protect you from hidden title problems that weren’t discovered during the initial title search. While rare, this can happen, including such items as errors or omissions in deeds, mistakes in examining records, forgery or undisclosed heirs that may be in line for an inheritance that includes your property.
Get Professional Help When Buying a Home
Doing your due diligence before actually purchasing a property can save you from numerous costly and time-consuming headaches. Learn what you need to know before buying a home. <a href="https://www.jeffcookrealestate.com/contact/">Contact Jeff Cook Real Estate</a> in North Charleston, South Carolina, when you need help with researching or buying a new home.
2021-11-07T12:49:00-07:002022-06-17T13:03:47-07:00Lee Willeytag:jeffcookrealestate.com,2012-09-20:11854SC Real Estate | Best Golf Communities in South Carolina <img src="https://assets.site-static.com/userfiles/1451/image/JCRE_2.png" width="1200" height="800" alt="golf communities in south carolina" />
Among the most popular real estate choices in South Carolina are the numerous golf communities. Buying a home in a golf course neighborhood brings a number of perks and amenities for the avid golfer. Not only do you awake each morning to the pristine scene of nature and rolling greens just outside your window, you have ready access to high-end golf centers, pro shops, private instruction and unparalleled clubhouse camaraderie and amenities.
While South Carolina boasts numerous private golf communities with available real estate, you should examine the locations, courses and amenities of each before buying a home. Here, we provide a brief overview of just a few of the best golf communities in South Carolina. Of course, reviews are only a starting point. Contact each location to arrange a tour, or call us at Jeff Cook Real Estate for arrangements and more information.
Belfair – Bluffton, SC
Five miles west of Hilton Head Island and approximately 25 miles north of Savannah, GA lies the historic town of Bluffton. The Belfair Golf Community includes 1100 acres of beautiful property along the Colleton River. Deluxe is the word most used to describe Belfair, beginning with the two acclaimed Tom Fazio golf courses on the property. Set among scenic lakes, forests, wetlands and nature preserves, Belfair offers world-class golf, plus family-friendly amenities that include tennis, swimming, fitness facilities and a Bistro. Enjoy casual and fine dining at the clubhouse, as well as every imaginable tool and toy at the Golf Shop.
Daniel Island – Charleston, SC
Daniel Island is a planned community that encompasses an entire 4,000-acre island in the center of Charleston. Residents can enjoy over 20 miles of shoreline and over 400 acres of parks and green spaces, including more than 25 miles of leisure trails. The Daniel Island Club offers beautiful Lowcountry settings surrounding two 18-hole golf courses designed by Tom Fazio and Rees Jones. Swimming, tennis and other sports are also available, as well as fine and casual dining.
Fripp Island – Beaufort, SC
Nestled between Beaufort and Hilton Head lies the 3,000-acre gated community of Fripp Island. Boasting two championship golf courses, 3.5 miles of unspoiled Atlantic beaches and an on-site marina, this South Carolina golf community stands apart for Lowcountry elegance and style. Residents can enjoy an exclusive beach club, two golf club houses, racquet club, swimming pools, grocery store and multiple dining options, all without leaving the island. This is a perfect location for buying a home, whether you are seeking retirement real estate or a vacation property.
Kiawah Island, SC
No listing of prime golf communities in South Carolina is complete without highlighting the many exclusive and world-class golf course neighborhoods on Kiawah Island. Known as a golfer’s paradise, there are several luxurious golf communities on the island that include membership in the esteemed Kiawah Island Club, with access to the famous Ocean Course, recent host of the 2021 PGA Championship. There are seven premier golf courses in all on the island, with fabulous communities bordering most. Exclusive privileges and amenities are included in your golf community real estate and golf club membership.
Ready to Move to South Carolina?
Jeff Cook Real Estate can help you connect with real estate opportunities when seeking to buy a home at these or other golf communities in South Carolina. <a href="https://www.jeffcookrealestate.com/contact/">Contact us today</a> for information on what is currently available. 2021-10-27T14:27:00-07:002021-10-07T08:47:16-07:00Tally Nelsontag:jeffcookrealestate.com,2012-09-20:11852Buying a Home | What is an HOA?<img src="https://assets.site-static.com/userfiles/1451/image/JCRE_3.png" width="1200" height="800" alt="HOA" />
If you are seeking to buy a home in the communities of Charleston, Columbia, Greenville, Rock Hill, Charlotte or Myrtle Beach, you may encounter an HOA. While these non-profit, local organizations can have many benefits for their members, some people may find them overly restrictive and even invasive. Before purchasing real estate in any neighborhood, you should know more about HOAs and the specific contracts each may have for members. A representative from Jeff Cook Real Estate can help you get in touch with the leadership of specific HOAs so you can learn more about what they offer and require.
Why Do Homeowners Form an HOA?
HOA stands for Homeowners Association, and it consists of member homeowners in a local geographic area and elected leaders. The members voluntarily band together into this group in order to benefit the entire neighborhood or complex. HOAs can consist of single-family real estate owners, condo owners or other residents. Many modern, planned real estate developments include an HOA that is mandatory for its residents. Approximately <a href="https://ipropertymanagement.com/research/hoa-statistics">58% of homeowners</a> across the United States live in HOA communities.
Typically, an HOA’s overall purpose is to preserve and enhance a community’s property values. Most of the requirements established by an HOA deal with appearances, including individual property cleanliness, condition and repairs. Uniformity is usually an important guideline in many HOA charters.
The HOA often provides additional services for its members that are funded out of the monthly HOA fee. Use of some cooperative facilities like swimming pools, tennis courts or event buildings can be provided. Many condominium HOAs provide basic building maintenance, landscaping and lawn care, parking lot care and snow removal. Extra expenses for such items as tree trimming, parking lot repairs, roofing repairs or other major needs can be assessed to each member of the HOA, usually divided equally among them.
Members of an HOA elect a board of directors or a president to handle the organization’s affairs and finances. These leaders are also responsible to enforce the HOA’s guidelines among the members, as established in the HOA’s charter.
Should I Be Wary of Buying a Home Within an HOA?
An HOA can be a definite benefit in many ways to those owning real estate in the community. Your neighborhood’s property values will remain high and even grow as each member adheres to the guidelines and keeps their property shipshape. But you should be aware of some potential headaches with HOA membership.
Excessive Fees
The membership fees required by many HOAs can seem excessive. HOA fee increases actually <a href="https://www.trulia.com/research/hoa-fees/">outpaced home prices</a> between 2005 and 2015 by 17.3%. Be sure to closely examine the charter of any HOA in a prospective community to learn about their fees and benefits.
Restrictive Regulations
Many HOAs have <a href="https://www.investopedia.com/articles/mortgages-real-estate/08/homeowners-associations-tips.asp">strict regulations</a> about fences, types of fences or landscaping, colors of house and trim paint and even how many vehicles can be parked in the driveway. The HOA’s charter will spell out these restrictions, and also the penalties for violating them. The HOA’s leadership often has the authority to impose fines to force compliance.
Inept Management
Buying a home in a community with an HOA means you accept the membership guidelines and leadership. Sometimes the leaders of an HOA are inept or even corrupt; you could enter into in a bad situation without knowing it. This is a topic that should be closely investigated when seeking to purchase real estate in an area with an HOA.
Learn More About HOAs with Jeff Cook Real Estate
Jeff Cook Real Estate can help you learn more about local HOAs in communities throughout Charleston, Columbia, Greenville, Rock Hill and Myrtle Beach, South Carolina, or Charlotte, North Carolina. <a href="https://www.jeffcookrealestate.com/contact/">Contact us today</a> with your questions and needs concerning real estate. 2021-10-18T09:15:00-07:002021-10-07T08:47:26-07:00Tally Nelsontag:jeffcookrealestate.com,2012-09-20:11834Moving to Charleston | Charleston's Dog Friendly Restaurants <img src="https://assets.site-static.com/userfiles/1451/image/JCRE_1.png" width="1200" height="800" alt="Dog-Friendly Restaurants in Charleston" />
Charleston, South Carolina, is among the most popular locations to purchase real estate. The laid back, coastal area is deeply steeped in history and charming ambiance. Moving to Charleston can be a great choice, and if you are a dog-loving family, you will find lots of things to do in Charleston where your pet is perfectly welcome.
Recognizing that pets are becoming more like family to many people, many of Charleston’s top restaurants have chosen to allow dogs on the premises. Some provide an outdoor porch setting where dogs are welcome, while others give your pooch free reign to join you inside. A simple Google search on your phone for <a href="https://www.google.com/search?rlz=1C1CHZN_enUS945US945&tbs=lf:1,lf_ui:9&tbm=lcl&sxsrf=AOaemvJakf2TcPdNrGAZGL4YhL-75yuNaQ:1632318038939&q=Charleston+Dog-Friendly+Restaurants&rflfq=1&num=10&sa=X&ved=2ahUKEwiR7vvG2pLzAhUeSjABHVc8CRcQjGp6BAgZEHg&biw=1372&bih=665&dpr=1.4#rlfi=hd:;si:;mv:%5B%5B32.916370799999996,-79.90203389999999%5D,%5B32.6788922,-80.0460741%5D%5D">Charleston’s dog-friendly restaurants</a> will bring up a wide range of popular eateries, from BBQ joints to bars to quick meals or fine dining.
Of course, all patrons are expected to follow each restaurant’s guidelines for pets, including keeping them under control on a leash, and other <a href="https://www.charlestonanimalsociety.org/nokillscshelter/wp-content/uploads/2020/01/4-CITY-OF-CHARLESTON.pdf">ordinances established by the City of Charleston</a>. Calling ahead before visiting any eatery and inquiring about their dog policy is always wise. Here is just a sampling of the different eateries that are friendly to dogs. Whether living in Charleston or just visiting, your pet dog will be welcome in these restaurants.
Brown Dog Deli
Rated 4.6 out of 5 with 1,058 reviews, <a href="http://www.browndogdeli.com/">this eatery</a> is located at 40 Broad St., near Rainbow Row in the historic district, and opens for lunch and dinner at 11 AM. “Fun place to take your Dog – also very Dog friendly.”
Poogan's Porch
Rated at 4.4 out of 5 with 3,184 reviews, <a href="http://poogansporch.com/">this quaint restaurant</a> is at 72 Queen Street, near the Gibbes Museum of Art. “Dog friendly front patio.”
DIG In the Park
This popular <a href="http://www.dighospitality.com/">dog and owner destination restaurant</a> in North Charleston is rated 4.3 out of 5 with 1,307 reviews. Opening at 11 AM, the latest review states, “Nice outdoor seating area, good beer selection and dog friendly!”
Eli's Table
<a href="https://elistable.com/">Eli’s Table</a> is a fine dining restaurant on 129 Meeting Street, also near the Gibbes Museum of Art. Rated at 4.3 out of 5 with 1,513 reviews, one reviewer wrote, “Eli's Table is such a dog-friendly restaurant.”
Pearlz Oyster Bar
For exceptional seafood in the downtown historic district, take your dog to <a href="http://www.pearlzoysterbar.com/">Pearlz Oyster Bar</a> at 153 Bay Street, near Waterfront Park. Rated 4.6 out of 5 by 1,235 reviewers, you and your pet will enjoy the “dog-friendly patio and incredibly kind staff” (from a top review).
Swig & Swine
Enjoy some of the best brews and BBQ in the low country at <a href="https://swigandswinebbq.com/">Swig & Swine</a>, located at 1217 Savannah Highway. Rated a high 4.7 out of 5 by 2,496 reviewers, this pet-friendly restaurant is sure to please. “This BBQ joint is also dog friendly and our GSP had a great experience.”
Juanita Greenberg's Nacho Royale
“Super friendly people, great food. Dog Friendly!!!” For a unique dining experience, try <a href="http://www.juanitagreenbergs.com/">Juanita Greenberg’s Nacho Royale</a>, downtown at 439 King Street. Over 900 reviewers place this eatery at 4.3 out of 5, and it is sure to surprise you.
Moving to Charleston?
This amazing sample of dog-friendly restaurants in Charleston, SC should keep you busy and well-fed for some time. If you are moving to Charleston or considering living in Charleston, Jeff Cook Real Estate can help you find the perfect home for your family’s needs. Contact us today with your questions about Charleston real estate. You can also let us know of your favorite dog-friendly restaurant in Charleston! 2021-10-08T11:02:00-07:002021-10-07T08:47:39-07:00Tally Nelsontag:jeffcookrealestate.com,2012-09-20:6065Jeff Cook Real Estate is your Home Selling MVPDo you know that <a href="https://realtytimes.com/consumeradvice/buyersadvice/item/1005480-20170925-6-surprising-benefits-of-buying-or-selling-your-home-in-the-fall">football season can be a great time to sell your home</a>? You will have less competition with other houses on the market and you will find that the buyers that are out looking are serious!
Buyers out looking at this time of year are usually looking because they have had a change in a job situation, such as relocation, or a change in their family situation. These types of buyers are eager for a deal.
More and more, in a “hot'' market, such as ours, where there are more buyers than sellers, seasonality is even less important. Also, more than half of buyers do not have children at home, so school schedules are not a concern for them.
Another benefit of selling during football season is that the serious buyers that are out usually want to close quickly, especially before the holiday season begins. The fall atmosphere of cooler weather can also help to make your home feel warmer and more welcoming.
At this point in the year, you can’t afford to waste time. It is even more important to list with an experienced real estate team, such as Jeff Cook Real Estate. Just as every professional football team has a playbook of their winning plays, the Jeff Cook Real Estate team has proven techniques and strategies in their “playbook” that will guarantee to get you the best price for your home in the shortest amount of time. Get to know <a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a> and <a href="https://www.jeffcookrealestate.com/blog/meet-the-sell-squad/">meet the team</a> that will help you sell your home this season!2019-10-14T07:51:00-07:002021-01-22T11:23:39-07:00Cory Towlertag:jeffcookrealestate.com,2012-09-20:5949Nationally Ranked #10, Locally Loved #1! You have probably heard of Jeff Cook Real Estate, but did you know that we are now ranked the <a href="https://www1.realtrends.com/rankings/real-trends-1000-teams-by-sides-2019">#10 Top Real Estate Team</a> in the nation by Real Trends*. That’s correct - #10 in the Nation!
This is quite a remarkable achievement and one that you might want to take into consideration before you list your home.
You might assume that anyone can do just a good of a job as a top-rated team, but think again. Who will bring you a buyer? It is likely that the buyer for your home will not come from the local area. Since the Jeff Cook Real Estate Team is nationally recognized, they get thousands of buyers from all over the nation, not just from our local area. They have a large pool of qualified buyers ready to come to see your home now plus they get new potential buyers reaching out every day. An existing large pool of willing buyers will greatly increase your chances of finding the perfect buyer quickly.
Once you have a possible buyer, think about who is more qualified to negotiate the best deal for you? Who is more prepared to head-off any possible roadblocks? Who do you want on your side of the table working for you, with your best interests in mind? My guess is you would want a real estate expert with an entire support team behind them.
The Jeff Cook Real Estate team is a savvy, experienced team with robust marketing systems that bring in thousands of buyers each and every day. They also have an operations team that utilizes every option to expedite transactions. They have the knowledge and skills needed to get you the highest price in the shortest amount of time with the least amount of angst.
In addition to a national top 10 rankings, they are the #1 real estate team in the state of South Carolina! Jeff Cook Real Estate is now in Charleston, Columbia, Rock Hill, and Greenville! Now that you know more about the Jeff Cook Real Estate Team, give them a call at 855-Hey-Jeff.
Get to know <a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a> and <a href="https://www.jeffcookrealestate.com/blog/meet-the-sell-squad/">meet the team</a> that will get the job done!
We have the buyers!
*Real Trends, as seen in The Wall Street Journal2019-09-09T11:40:00-07:002021-01-22T10:50:59-07:00Cory Towlertag:jeffcookrealestate.com,2012-09-20:5940Jeff Cook Real Estate Is Expanding Further In South Carolina<img src="https://assets.site-static.com/userfiles/1451/image/Jeff_Cook_Real_Estate_Is_Expanding_Further_In_South_Carolina.jpg" width="800" height="400" alt="Jeff Cook Real Estate Is Expanding Further In South Carolina" />
Jeff Cook Real Estate is excited about their recent <a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook-and-why-is-he-in-rock-hill/">expansion to Rock Hill, S.C.</a> They are bringing their real estate expertise, their proven marketing systems and their innovative approach to real estate sales to the growing market in the Rock Hill area.
Their new Rock Hill office, in the former Citizen Bank Building on the corner of East Main and Caldwell Streets, is under construction and will open sometime in the fall. In the meantime, the team is busy working out of a temporary office.
David Carter, a native of Rock Hill and an experienced real estate broker is the General Manager of the new office. He spent his early childhood in Rock Hill and is happy to have returned home with his wife and three children. David met his wife while they were both attending Clemson. He first joined the Jeff Cook Team in Charleston and enjoys the positive workplace culture while serving families with integrity and excellence.
Jeff Cook Real Estate was recently ranked the #10 Top Real Estate Team in the nation and the #1 team in South Carolina. Additionally, they were named a Top Workplace in South Carolina. If you are an exceptional salesperson looking for an industry that will provide you with an opportunity for great income potential, please consider joining their team. They can also assist you in getting your real estate license and have a proven training system for new and experienced agents. The new sales office is not open yet, but already has over 1000 leads in their database!
Jeff Cook Real Estate’s client base has been requesting them to open an office in Rock Hill because of the increasing popularity and growth the area is experiencing. <a href="https://www.tripadvisor.com/Tourism-g54414-Rock_Hill_South_Carolina-Vacations.html">Rock Hill</a> and the surrounding areas provide a wide range of housing options in downtown neighborhoods, lakeside communities or rural settings. The cost of living ranks as one of the lowest in the Southeast. The plentiful shopping, dining, entertainment, sports facilities, and medical options make Rock Hill an ideal location. Also, Charlotte is a short 20-mile commute up I-77. If you are looking to purchase or sell a home in the area or considering relocation to Rock Hill, please reach out to the Jeff Cook Team. They will listen to you and find a housing situation that fits your needs and wants.
You can meet <a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a> or get in touch with our expert team at 803-836-8736 or go to JeffCookRealEstate.com.2019-08-15T10:45:00-07:002021-01-22T09:46:44-07:00Cory Towlertag:jeffcookrealestate.com,2012-09-20:5987Who is Jeff Cook?
Who is Jeff Cook? The man who, after being <a href="https://www.jeffcookrealestate.com/blog/how-do-you-get-laid-off-for-making-too-many-sales/">laid off from Corporate America</a> for making too many sales, set out to create a company with such a family-oriented culture that celebrates success and hard work. Starting from just one person in 2003, <a data-cke-saved-href="http://www.facebook.com/jeffcookrealestate" href="http://www.facebook.com/jeffcookrealestate" rel="nofollow">Jeff Cook Real Estate</a> is now located in 3 regions of SC, has 7 offices, 100 sales agents and 30 administrative staff members.
Along with creating a supportive and culture-driven company, Jeff Cook took to <a href="https://www.jeffcookrealestate.com/blog/what-is-the-jeff-cook-experience/">redefining how real estate is bought and sold</a>. He created a marketing plan unlike any other that has proven time and time again that it really does work. The Jeff Cook Real Estate Way can close a home 30 days faster and can get you $3,000 back in your pocket.
2017 has been a great year of growth and success for Jeff Cook Real Estate. After breaking a personal record of servicing over 750 families in Charleston in 2016, we will have helped over 1,000 families buy and sell homes in 2017. We were ranked the #27th team in the nation by Real Trends, and have remained #1 in South Carolina. With the ranking of #1 in the state, Jeff has taken action to truly serve all of South Carolina, starting with new offices in <a data-cke-saved-href="http://www.facebook.com/jeffcookrealestatecolumbia" href="http://www.facebook.com/jeffcookrealestatecolumbia" rel="nofollow">Columbia</a> and <a data-cke-saved-href="http://www.facebook.com/jeffcookrealestategreenville" href="http://www.facebook.com/jeffcookrealestategreenville" rel="nofollow">Greenville</a>. Plus, we gave back over $89,000 to the community thanks to our One Percent for Good program which puts 1% off the top of every commission check into a special savings account for sponsorships and charities.
Our Columbia office at 602 E. Main Street in Lexington will be managed by Kris Ancone and can house 20 agents. Our <a href="https://www.jeffcookrealestate.com/blog/get-to-know-our-greenville-agents/">Greenville </a><a href="https://www.jeffcookrealestate.com/blog/get-to-know-our-greenville-agents/">office</a> at 30 Orchard Park near Haywood Mall will be managed by Drew Warfuel and can house 40 agents. The updated space will also include a large meeting room fit for training sessions and continuing education.
We are aiming to service 1,500 families in 2018 and we are looking for 10 superstar agents to help us meet our goal. Are you looking to get into real estate? Visit <a data-cke-saved-href="http://www.joinjcre.com" href="http://www.joinjcre.com" rel="nofollow">www.JoinJCRE.com</a> to learn more about how to join our team!2017-12-31T12:35:00-07:002022-09-27T04:53:00-07:00Cory Towlertag:jeffcookrealestate.com,2012-09-20:6041How Do You Get Laid Off For Making Too Many Sales? Hey Charleston,
Jeff here! Recently I was asked the question: “How did you get laid off from Corporate America for making too many sales?” It’s a really intriguing story so I thought I would share it with you.
How many of you remember the tv & appliance retailer <a href="https://www.cbsnews.com/news/eight-reasons-why-circuit-city-went-bankrupt/">Circuit City</a>? I was working for them back in 2002 on straight commission selling TVs when Best Buy exploded onto the scene. Circuit City announced they were transitioning their pay scale from commission to hourly pay. What’s worse was the announcement that they couldn’t afford to keep the top producers on staff at the hourly rate that they averaged on commission. Anyone who averaged over a certain dollar amount in sales per hour was terminated and security was present to help escort those employees out, including me. Every store across the entire country lost their top 5 salespeople instantly and shortly therefore filed bankruptcy. By taking the top salespeople out of each store, they essentially took the engine out of the car and expected it to still function. Alan McCullough was the CEO at the time and I have always wondered why he made those changes and if it was really his choice or pressure from shareholders. It was a learning experience of what not to do if I ever opened a company.
In 2003, just one year later, I decided to launch Jeff Cook Real Estate. My first priority was to establish and build a culture that cultivated hard work and rewards for our team members. I wanted to create a safe working environment where no one would have to fear corporate politics or worry about getting laid off for being the best at what they do. You can read more about our culture here. The sky's the limit when it comes to real estate sales. It was just me when I started in 2003, but within 4 to 5 years, I was able to grow to 10 people and form a team which gained market share during the recession. Often times people ask how I grew so quickly because they only took notice after 2013 when we started marketing heavy in the Charleston area. What they failed to notice were the previous 10 years of work behind the scenes to build the infrastructure. Currently, we have over 100 team members today and are still <a href="https://www.jeffcookrealestate.com/blog/selling-homes-is-awesome-join-the-jcre-team/">looking for a few more talented players</a> who aren’t scared to roll up their sleeves and jump into this hot market! In Real Estate sales, the sky is literally the limit, where you are appreciated and paid based on the extra effort that you choose to put in.
If you’re considering a career in Real Estate, check out more at <a data-cke-saved-href="http://www.joinjcre.com" href="http://www.joinjcre.com" rel="nofollow">www.JoinJCRE.com</a> or call 843-501-9786.
I can’t wait to hear from you,
<a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a>2017-08-30T10:40:00-07:002022-09-27T05:49:28-07:00Cory Towlertag:jeffcookrealestate.com,2012-09-20:6049What Is The Jeff Cook Experience?<img src="https://assets.site-static.com/userfiles/1451/image/JCRE_.jpg" width="1200" height="1200" alt="Jeff Cook Real Estate Experience" />
Are you wondering what the <a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a> experience is all about? Let our friends Michael and Amber Jaquins show you by sharing their recent real estate story.
I was being relocated by my job to the <a href="https://www.tripadvisor.com/Tourism-g54171-Charleston_South_Carolina-Vacations.html">Charleston Area</a>. The relocation company linked me up with a Real Estate Agency that was on their "Preferred" list of realtors. I worked with the other agency for about a month and did not receive satisfactory service. The agent was never available when we were, and made little effort to meet us when we were available. We wanted to make an offer on a home and the agent waited so long to write up the offer that the home was gone before we could sign an offer. The agent showed no sense of urgency to ensure we would get the home we wanted, and urgency is important in the current market.
My wife saw the home we ended purchasing online and we called a "recommended realtor" immediately to request a showing. That agent advised us that it was too short notice and would not be able to show us until the next day. (It was 5:30pm)
At that time I contacted Jeff Cook Real Estate to request information on the home. Within 5 minutes I got a call from Drew Warfuel. I explained to him that we really loved the home and wanted to see it tonight before another offer is accepted.
Without hesitation Drew said he would show the house to us tonight. Within 30 minutes he met us at the house and walked us through it. We loved the house and wanted to make an offer immediately. Drew told us that if we wanted the house he would do everything he could to make sure we got it. He stayed up and in contact with us until 11pm that night and had a ratified contract for us by 10am the next morning. Drew and his assistant Justa were always available for questions, and they followed through with every request we made.
We had such a good experience with Jeff Cook Real Estate that I contacted the relocation company and told them they needed to start referring Jeff Cook Real Estate to anyone else that is relocated to the Charleston Area. I have purchased 4 houses in my lifetime, and Jeff Cook Real Estate by far had the best customer service.
Thanks again for helping us get our dream home!!
- Michael and Amber Jaquins
Are you ready to start your Jeff Cook experience? <a href="https://www.jeffcookrealestate.com/blog/meet-the-sell-squad/">Meet the team</a>, and we'll help you sell AND buy today!
2017-03-06T11:55:00-07:002021-08-30T12:40:27-07:00Thomas "Jeff" Cooktag:jeffcookrealestate.com,2012-09-20:6050 Our Flagship Office is Moving!<img src="https://assets.site-static.com/userfiles/1451/image/Jeff_Cook_Real_Estate_Logo.jpg" width="1200" height="305" alt="Jeff Cook Real Estate" />
Did you hear? We’re moving!
It was announced just recently that the Oakbrook Station shopping center where our first Jeff Cook Real Estate office opened in 2010 is getting a huge overhaul. Our office along with a few storefronts around us will be demolished on Monday to make way for a <a data-cke-saved-href="http://www.lowesfoods.com/" href="http://www.lowesfoods.com/" rel="nofollow">Lowes Foods</a> store.
So where are we going? Just next door! Our new location is at 10040 Dorchester Road, Suite 101. Stay tuned for our Grand Re-Opening launch date. We can’t wait to see you!
Keep up to date about all things <a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a> and don’t forget about our other conveniently located offices around the tri-county area:
<a href="https://www.jeffcookrealestate.com/blog/best-of-west-ashleys-neighborhoods/">West Ashley</a> - 821 Orleans Road Suite 102, Charleston SC 29407
<a href="https://www.jeffcookrealestate.com/blog/best-of-summervilles-neighborhoods/">Downtown Summerville</a> - 105 S Cedar Street Suite A, Summerville SC 29483
<a href="https://www.jeffcookrealestate.com/blog/best-of-mount-pleasants-neighborhoods/">Mount Pleasant</a> - 311 Johnnie Dodds Blvd Suite 181, Mount Pleasant SC 294642017-01-12T12:01:00-07:002021-08-30T12:39:52-07:00Thomas "Jeff" Cooktag:jeffcookrealestate.com,2012-09-20:6054Jeff Cook Talks With Tanya Brown on Mix 96<img src="https://assets.site-static.com/userfiles/1451/image/Moving_to_Canada.jpg" alt="Jeff Cook on Mix 96" width="1200" height="367" />
Back in July, we put up a billboard called “Moving to Canada” encouraging Charleston area residents who were considering moving to Canada if their Presidential didn’t win to use us to help them sell their home. The billboard was picked up first by <a href="http://www.charlestoncitypaper.com/TheBattery/archives/2016/07/19/jeff-cook-wants-to-sell-your-house-if-youre-moving-to-canada-because-of-trump-or-clinton">Charleston City Paper</a> and then by <a href="http://www.foxnews.com/politics/2016/08/24/real-estate-agent-offering-to-help-angry-canada-bound-voters-sell-homes.html">Fox News</a>. It went viral.
On the night of the election, that old billboard became viral again. Over the course of 24 hours, we received 654 phone calls. <a href="http://www.cnn.com/2016/11/10/politics/election-canada-sign-trnd/">CNN</a> called. We were finally picked up by a local TV station, <a href="http://abcnews4.com/news/local/real-estate-billboard-joke-comes-true-hundreds-consider-moving-to-canada">ABC News 4</a>, who visited our headquarters last week. Then I got a call from my good friend Tanya Brown at Mix 96 on air last Friday, my favorite morning show in the world!
The folks at Mix 96 called in as Miley, Whoopi, Rosie and other celebrities needed help selling their Hollywood mansions to flee to Canada. Check out the interview! If you are unable to listen at the moment, you can view the transcript below the video.
<a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff</a>: My favorite morning show in the world! We had these billboards go up and at first we were having fun with it and then we learned really fast that there are some people who are very passionate about wanting to sell their house and move out of the area.
Tanya: Was this actually during election day? You got like 300 to 400 phone calls about people wanting to sell their houses?
Jeff: So as soon as the election results started coming in, and I think it was when Donald Trump won Florida, calls started pouring in. We had to turn the phone number off so we could get some sleep that night and overnight we got 350 phone calls by the time we got into work the next morning.
Mike: These people that live in Charleston or are you getting calls from all over the country?
Jeff: It’s all over the country. I just looked right before we got on the air here and we are up to 741 phone calls from the time the election results started coming in until this morning.
Tanya: You know what, regardless of if they are serious or not, they’re about to make you rich if you sell all these houses.
Jeff: Well I don’t know that we can help some of these crazy people.
Tanya: So what are some of the things that they’re saying, they just don’t like who won and they’re ready to just pack up and leave?
Jeff: Absolutely! What’s funny is that whenever the immigration website for Canada shut down, they started switching where they’re moving. Now the most recent one is they’re moving to Australia instead of Canada.
Mike: I can’t imagine getting so emotionally invested, I understand loving a candidate and all that stuff, but I just can’t imagine being so emotionally invested first of all that you’d want to leave Charleston, South Carolina. Canada is cold. That’s ridiculous. Now you’re just talking crazy talk. Going to Canada where it literally is -20 degrees in June.
Jeff: And a lot of the ones here are local too. We’ve had some people over in the James Island area and West Ashley area that are putting their house on the market and they don’t know where they’re going, they’re just mad at life and wanting to sell their house. So we’re gonna help them sell it. Where they go after that is up to them.
Mike: Well the good thing is whether it’s from the election or whether or not these become genuine leads for you, I mean if you think about the law of averages whether it’s to move to Canada or because of the election or not, if you can close on 3 of them, then your investment in the billboard and all the news media, it covers itself.
Jeff: It’s been a lot of fun along the way when you realize how crazy some of these people really are.
Tanya: Well since they are so irate and some of them may be irrational if you come up with a good short sale, I’m buying cause I hear you can get a great deal.
Our marketing idea has since been listed as #1 of the <a href="http://fitsmallbusiness.com/outrageous-real-estate-marketing-ideas/">"15 Outrageous Real Estate Marketing Ideas That Actually Worked"</a> by Fit Small Business.2016-11-16T08:31:00-07:002022-09-28T00:19:37-07:00Thomas "Jeff" Cooktag:jeffcookrealestate.com,2012-09-20:6055Coming Together After Hurricane Matthew<img src="https://assets.site-static.com/userfiles/1451/image/Jeff_Cook_Cares_Relief.jpg" alt="Jeff Cook Cares Relief Effort" width="1200" height="800" />
Last year, the state of South Carolina was dealing with the aftermath of what was called a “1,000 year flood” that closed roads, damaged dams, and ruined a countless number of homes. In such a short amount of recovery time, residents are dealing with that same damage again, almost immediately after putting homes back together from the flood. Hurricane Matthew tore through the Lowcountry last week, leaving a path of devastation. Trees fell left and right, landing on homes, vehicles, power lines, roads. Many residents are still without power, three days after the eye of the storm hit Charleston.
Sunday morning saw damage assessment and the sound of chainsaws as homeowners begin to clean up what was left behind from Hurricane Matthew. Neighbors are coming together to provide care and food for each other. Businesses are hard at work making their buildings safe again to provide their services for the Lowcountry. Restaurants are working off special menus to ensure locals are fed and employees are paid while they wait on food delivery trucks.
Thankfully, Jeff Cook Cares! Here at Jeff Cook Real Estate, we have banded together to help with storm cleanup. On Monday we worked with four families around the Lowcountry. Three homes were flooded and one had a tree come through the roof. Our team and volunteers came out with chainsaws and toted debris to the curbs for pickup. Remember, town officials, are asking that you please not burn yard debris. South Carolina’s Forestry Commission has put a statewide burn ban in effect.
We returned out to the streets Tuesday and helped the neighborhood of Park Hill Retreat at Northwood Estates get back on their feet. These folks have lost everything, just after recently renovating their homes from last year’s flood. We helped demo flooring and cut drenched drywall while also helping homeowners sort through belongings that could be salvaged and items that needed to be left by the curb for debris pickup. It was a very eye-opening experience seeing some of the worst damage that Hurricane Matthew has caused. Our hearts hurt for the residents of Park Hill. We have started a campaign to help #RebuildParkHill. You can find our plan at www.RebuildParkHill.com.
Lots of people are wanting to help rebuild after this crisis, but not everyone has good in their hearts. Beware of scams! Governor Nikki Haley has mentioned an email hack that began before the storm had even left the area. <a href="https://www.fema.gov/">FEMA</a> has warned residents to be wary of anyone asking for money and to make sure you ask to see official badges and IDs. Lots of wanna-be contractors are walking the streets looking at the damage and offering low prices for repairs. The estimates seem great in a rush to put your home back together, but take a moment to research the company, ask for their business license, and a few references.
Structural damage
Don’t forget to report your damage to FEMA. The Tri-County governments are surveying the area to file claims. Below is the contact information for each county.
Dorchester County: 843-832-0393, <a href="mailto:gisadmin@dorchestercounty.net">gisadmin@dorchestercounty.net</a>
North Charleston: 843-740-2569, 843-740-2564, 843-740-2533, 843-740-2562, 843-740-2506<a href="https://goo.gl/jnXxPu"><br /></a>
Summerville: 843-871-6000
We have been hearing of many other companies stepping in to help the Lowcountry after Hurricane Matthew and have worked to compile a list for you. If you know of anyone helping out in this time of need, please let us know so we can add them.
Contractors
Charleston Roofing and Exteriors offers free quotes: 843-203-2555
Preferred Home Services will be waiving their $79.50 diagnostic fee for homeowners who agree to repairs. 843-405-2503
Cleanup Assistance
Berkeley County: Helping Hands volunteers 800-451-1954
SCDHEC is waiving testing fees for private wells. 803-898-4312
USAA is donating $500 to customers who lost groceries due to power outages, without having to file a homeowner’s insurance claim.
Without Power?
Many area gyms are opening their facilities to the community for hot showers. Just bring a towel and photo ID.
Summerville YMCA
Planet Fitness Charleston
Want to Volunteer or Donate?
Jeff Cook Real Estate One Percent For Good - www.RebuildParkHill.com
We want to extend a HUGE thank you to Governor Haley for her swift actions to keep South Carolinians out of the path of the storm, to police, fire, EMS, and first responders who left family at home to keep the streets safe, and to the linemen who waded in deep water to get the power back on for us. We are forever grateful. 2016-10-12T07:35:00-07:002022-09-28T00:24:40-07:00Thomas "Jeff" Cooktag:jeffcookrealestate.com,2012-09-20:6059Our Infamous 'Moving to Canada?' Billboard <img src="https://assets.site-static.com/userfiles/1451/image/Moving_to_Canada.jpg" width="1200" height="367" alt="Sell Your Home" />
"My billboards have always been a huge staple in my success. They’re big, they’re funny, and as some of you say, they can be obnoxious. But they’re memorable and they get my name out there, like Old Woman and the Shoe, Pack Your Bags, and Willy Wonka. As the years go by, my team continues to work hard to create great new content to plaster all over Charleston." -<a href="https://www.jeffcookrealestate.com/blog/who-is-jeff-cook/">Jeff Cook</a>
With the upcoming election and all the turmoil going on, we thought, why not do something fun out of this that will make everyone laugh? Since the biggest joke concerning the election is moving to Canada if a certain candidate wins we decided to take that and run with it. However, from the start, we wanted to make sure we used both candidates to not show favorites or pick sides. That way, the billboard caters to everyone.
We ran a graphic on all of our social media accounts in late May to test the waters and see how our fans would react. It was shared on Facebook over 1,000 times and continues to be shared on Instagram. I don’t remember there being any complaints about it, mostly laughs. So we decided it was okay to go for a bigger platform.
There’s been a lot of excitement throughout the office in the last two weeks secretly waiting for our latest marketing idea to be covering multiple billboards across the Lowcountry. We didn’t even realize they were up ahead of schedule until the City Paper reached out to us. Then the billboard took off on social media. As of today, there have been over 1,200 shares and over 1,000 likes. But that number will have probably increased by the time you read this. Our marketing idea was also listed as #1 of the <a href="http://fitsmallbusiness.com/outrageous-real-estate-marketing-ideas/">"15 Outrageous Real Estate Marketing Ideas That Actually Worked"</a> by Fit Small Business.
We hope we’ve succeeded in making you laugh on your drive into work or home. All jokes aside, we are available and <a href="https://www.jeffcookrealestate.com/blog/jeff-cook-real-estate-is-your-home-selling-mvp/">ready to help you list your house</a>, even if you just want to move across the tri-county. Give us a call today at 855-HEY-JEFF!
Photo Credit: Charleston City Paper2016-07-20T07:41:00-07:002021-08-30T12:37:36-07:00Thomas "Jeff" Cook