If you follow real estate then you are probably aware of the lawsuit that the National Association of Realtors’ (NAR), settled this spring. Most local Realtors were disappointed with the settlement and the media coverage. In many ways, news articles mislead the public about how we conduct our business and how it would impact the Outer Banks real estate industry. This post is not to explain the details of the settlement. If you are looking for that click here. The purpose of this post is to … Continue reading...
Selling Outer Banks Real Estate
Selling real estate on the Outer Banks can be challenging because of unique nature of this real estate market. This category should help you avoid some common mistakes.
Dare County GIS
It’s amazing today what you can find on the Internet. Dare County Government is a very good source of Outer Banks property information. The Dare County GIS (Geographical Information System) department has all kinds of good information that both visitors and locals will need at some point. So what is GIS?A large part of GIS is aerial photographs that you can manipulate on-line to see different types of information. Layers of information are placed on top of the aerial photographs of the … Continue reading...
Summer 2022 OBX Take Off
Summer 2022 on the OBX is about to take off. Soon the beach will be full of people enjoying the sun, the surf, and the sand. You’ll smell folks grilling as you drive down the beach road. Families and friends will be gathering together to make memories and enjoy each other’s company. As you count down the days till your beach vacation, we will provide you with some tips on what not to forget. First, what not to forget to bring on your trip When packing for a fun-filled trip to the OBX you … Continue reading...
Making an Offer on an OBX Property in 2022
Recently we listed a home for sale in Duck. In just four days we ended up with eleven offers. Just one of them was for the asking price. The rest were higher. During the time we were receiving offers about half the agents told me that their clients had made offers on two, three or four other houses and had not been able to be the accepted offeror. This certainly is an usual market. It’s unknown how long this will last but if you are serious about purchasing an Outer Banks property now then … Continue reading...
Market Preparation for Outer Banks homes
On the Outer Banks, market preparation can look different, than in other areas or types of homes. Once you have determined you want to sell your home, the next steps outlined in this blog are essential in ensuring you get the biggest bang for your buck!Preparing your home for the market Market preparation is not just signing with a selling agent. There are important steps sellers should take. These steps will increase a seller's return on their investment. Two to highlight … Continue reading...
OBX Real Estate Marketing Changes
One of the first big OBX real estate marketing changes that occurred when the virus hit was the Homes and Land Real Estate magazine stopped publishing. That magazine has published continuously here for about 30 years. I had been advertising with them for every issue since we started Scott Team Realty in 2002. Print advertising for real estate has become less and less effective as smart phones have become ubiquitous. Resort Real Estate Market Outer Banks Real Estate marketing has always been a … Continue reading...
Solution to OBX Rental Income Dilemma
I think there is a solution to the OBX rental income dilemma. This article will explain this problem and provide a solution so that, hopefully, people don’t have to be in this position in the future. The problemAs of this moment no visitors are allowed on the Outer Banks. Local government is concerned that our limited health care facilities could quickly become overwhelmed by the pandemic. There is no set date when vacationers will be allowed back in. This could become a real problem for … Continue reading...
OBX Home Sales Improve
The summer of 2018 was relatively busy compared to recent years. The number of OBX home sales over the last few months has been fairly similar to 2017. Last year was our best year since the boom years of the last decade. Poor weather hampered sales earlier in the year but brisk summer/fall sales are helping us catch up. According to the Outer Banks Association of Realtors’ August report, the number of residential sales for the year is now off just 3% compared to last year. See our full fall … Continue reading...
Top Five Beach Home Features
It’s much easier to sell a beach home if you know what today’s buyer is looking for. We've been watching buyers react to different homes over the years and know what beach home features today's buyer favors. Most homes won’t have all five of these features but having at least a couple should result in more interest in your home. A home in a similar neighborhood with three or four of these features is more likely to sell than a home with just one of these features. Enjoy our count down to the … Continue reading...
Five Inexpensive Improvements to Sell a Vacation Home
Selling vacation homes can be challenging. Today’s buyers watch HGTV where home updates are the norm instead of the exception. Often times OBX vacation homes don’t have those updates. If you are preparing to sell or not getting activity on your home then here are five items that will encourage buyers to look and make offers. By doing some of these simple updates you may make your home stand out among all the ones for sale.Tidy yard and exterior: Pruning trees and/or bushes can often be … Continue reading...