OBX Market Report Fall 2023

OBX Market Report Fall 2023

After finishing school in 1989, I immediately started my real estate career on the Outer Banks.  The other Realtors who had been working in this market for a while kept saying "You should have been here last year."  Evidently, I had just missed the peak of that previous real estate cycle.  New agents who enter the market today are likley to hear simliar comments. After close to three years of very busy real estate activity, the Outer Banks Real Estate Market is showing some signs of cooling … Continue reading...

Maximizing Vacation Rental Income

The popularity of the Outer Banks as a great place to vactioners love our beautiful beaches and historic sites. Both tripsavvy.com and US News and World Report recently published articles touting this vacation spot. With these vacationers coming, the affordability of an Outer Banks vacation rental or second home should continue to be good.  This post offers a few suggestions for maximizing vacation rental income. A vacation rental home is similar to a business.  First, you need to attract … Continue reading...

Oriental Shipwreck Pea Island

The Oriental Shipwreck is probably the most visible shipwreck along the Outer Banks. You can see it at the beach across from the Pea Island National Wildlife Refuge Visitors Center.  Perhaps 150 yards offshore, is a smokestack and a round metal structure attached to it. That is the visible remains of the USS Oriental, a Union Army supply ship.  The rest of the ship lies, perhaps 20’ or 25’ beneath the surface.   What Happened It’s unclear why the ship ran aground that night. The … Continue reading...

Outer Banks Holiday Cards

We've had alot of fun over the years sending out Outer Banks Holiday Cards. Usually, we send the card out at the beginning of December and should arrive in most mailboxes before Christmas. Over the years we've had folks ask us for an original file of one of these pictures or ask to get on our mailing list.  If you'd like either of these then just call our office or email us at info@scottrealtyobx.com   You can also subscribe to our postcard list here.  We occasionally send out … 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...

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...

Drones in Outer Banks Real Estate

Often today you can look at a bird's eye view of Outer Banks real estate in the listing agent's listing description. Seeing how far the house is from the ocean is a great marketing tool.  It also gives a buyer a better perspective on what they are buying.  The most successfull agents use drones in real estate to capture the best images. Not just anyone can take drones pictures Buyers are looking for this perspective and sellers should seriously consider asking an agent to provide this type of … Continue reading...

Negotiating OBX Home Inspection to a Win-Win

We found their OBX forever home.  Love the location! Love the layout and lot size! The house obviously needed TLC and updating (paint, flooring, and a new kitchen) but still satisfied almost all of Mr. & Mrs. Buyer’s check boxes.  After considering recent sale comps, my clients and I negotiated a fair sales price plus some closing costs. This kept this home within these buyers’ budget. (Did I mention that my clients love this house?)   Due Diligence The fun part is over, now the … Continue reading...

About Us

Our goal is to make this site the most consumer friendly web site for folks who are looking to buy or sell Outer Banks real estate.

Outer Banks real estate is always changing. This site will also change to provide you with the most recent and valuable information available so you can make the best buying or selling decision possible.

Address: 5535 N Croatan Hwy
Southern Shores, NC 27949
Phone: 866-438-8382

  

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