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Updated over 2 years ago on . Most recent reply

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Spenser Harvel
8
Votes |
16
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Made my investor client 300k more than original ask!

Spenser Harvel
Posted

I know that everyone is saying that the market is slowing down, and it is. However, there are still opportunities to cash out your investment properties and make top dollar. I am an investor-friendly realtor in Charleston, South Carolina and I just helped my investor client make 300k more than what he originally asked. Back in 2020, the market was at a high, and my client listed with another agent for 785k, and it did not sell so he decided to rent the property and hold it for a while. After renting the property for 2 years he came to me a month ago and let me know he wanted to cash out. So, we listed and marketed the property, and I sold it for 1.1 million in 1 day on the market.

This particular property is in Hampton Park (Downtown Charleston) which is a very desirable area that is still experiencing historically low inventory. I was able to price right, market properly, present a great listing, and get the property sold. Homes in Charleston are still selling especially in highly desirable areas. You can still cash out on your properties. I just thought this was a fun post amidst all the negative posts about the recession and changing market! 

Most Popular Reply

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836
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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
623
Votes |
836
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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
Replied

Great job! What did you do specifically to market the property? My market has recently stabilized so I am searching for more ways to market/sell my listings.

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