There will be no pity in be-back city for Hilton Head buyers after this summer.   While many have been lucky the last few years in delaying their Hilton Head purchasing decision, market research shows supply dropping as buyers get off the fence.  Buyer confidence is building and even higher priced properties are dropping in supply shown by the table below.  Looks like local REALTORS, lenders, inspectors and attorneys are going to have a HOT summer on Hilton Head in 2013! Read the rest of this entry

The first half of the year in Real Estate Sales on Hilton Head rocked in 2012.  If our sales volume is an indication of confidence in the real estate market, our individual sales volume year to date was about the total volume we did in 2011!  These sales came from everything including a dollar lot to a multimillion dollar house swap.  On my run this morning I started thinking of market research buyers and seller would like to see in this blog and have listed them below.  While we are thankful for a strong first half, the second half of 21012 looks very promising. Read the rest of this entry

Below is the market trend report for April(just click on the table for a full page printable version).  There is some great news in this report that we would love to share with you.  We see some market improvements and new sales taking place in all the categories which means the market is up and running.  The most critical information that our Hilton Head Monthly Market Trend Report conveys is what I call the “Big Three”. Read the rest of this entry

Don’t miss Hilton Head’s bottom. In case you have not heard sales are increasing and inventories are decreasing in the Hilton Head Market.  This of course will not help the seller that lives in denial awaiting 2007 prices again, but it will have impact on the seller that has been waiting around with a fair value for the location and condition their property offers on Hilton Head Island.

Read the rest of this entry

To the left is the market trend report for February. There is some great news in this report taht we would love to share with you.  We see some market improvements and new sales taking place in some of the higher priced properties which means the market is almost firing on all cylinders.  The most critical information that our Hilton Head Monthly Market Trend Report conveys is what I call the “Big Three”. Read the rest of this entry

The most critical information that our Hilton Head Monthly Market Trend Report conveys is what I call the “Big Three”.  These are the vital statistics for determining negotiation or pricing and include:

1. Average List price to Average Sales Price ~ This is a direct indicator of negotiation opportunity and the firmness of the market.  Buyers and sellers can benefit by understanding this number
2. Average Days on the Market ~ This time frame applies to properties that are priced correctly for their condition and location.
3. Average number of listings taken vs. Average number of sales in a given period which will give us the number of months of inventory that available for sale.  This can help buyers and sellers determine strategy.

This report is a snapshot of how the market place has performed in the recent past, which is often a good predictor of future market performance for sellers and buyers.  If you would like to receive a monthly report by mail or e-mail, please email us at robbie@robbiebunting.com or call Jane Hyers to set up a phone appointment at (843)785-7111.  This is not only a good map of where we have been, it points to where we may be going.  Happy Hilton Head!  Robbie Bunting

Between Christmas and New Years is the perfect time to reflect on last year and fashion our Hilton Head Realtor’s Resolutions.  While we got news that everyone was enjoying the 85 degree weather and sunny beaches on Hilton Head, we celebrated our 18th Christmas in Philadelphia with our college bound teens and family after a brief stint in Killington, Vermont.  This years teenager gifts included Subway cards, clothes, electronics and more electronics.  Following suit in the real estate market, technology continued to play a major role in the 2011 Hilton Head Real Estate Market.

1. Personal Service with Technology on Hilton Head

We recognize the need for technology and welcome the change.  Our sellers now receive feedback faster and our buyers now receive listings as soon as they hit the market(or even sometimes before), but our personal one on one interaction with our clients will never change.  Recently we helped an out of town buyer furnish their home with furnishings from a home that was sold in another community by another broker and helped one of our sellers prepare their home for the market on their budget.  Paying attention and going one step further is our mantra because our clients and our network expect and deserve both.

2.  We will save money on Real Estate Transactions

With 26 years of selling real estate on Hilton Head Island, our negotiating skills help our clients save money.  Some of the tools we use to help in negotiation include our monthly market trend reports for timing opportunities for buyers and sellers.  Although there are some fun negotiating ideas, nothing beats experience.  Our goal is to help our clients achieve a higher selling price for sellers or a lower purchase price for our buyers.  We can show you how.

3.   Free Stuff for Hilton Head Buyers and Sellers

We love to exceed our clients expectations and will be adding more free programs in 2012 including: free 2 hour staging,  free landscape review, a free re-inspection for our buyers by their chosen property inspector, a free CHAMP Warranty for buyers, free “second opinion” for our buyers and sellers, free no commitment property review for property owners, free Hilton Head weekly email update, free financial consultation by our financial guru, free monthly market trend reports, free real estate consultation with an attorney prior to signing a contract, our short sale specialist, our contractors and other service providers.

4.  Save Time on Hilton Head

We will save you time in selling your property or discovering the right property to buy. After selling real estate on Hilton Head Island on Hilton Head Island for over 26 years,  we are well connected on the Island.  If we do not have the answer or the property, we will open our network to find it for you.  We are a drop and go group that always will put your needs first.  Contact us and you will see.

5.  The Right People on Hilton Head

Almost every day we repair, replace, fix, shop, inspect, furnish, accessorize, research or in some way help our clients improve their properties.  Our vendors and service providers must receive positive reviews and comments by our clients to continue to be referred by us(we love feedback).  These service providers are available from us whether selling, buying, fixing or just researching.   Email us or call anytime for our up an up to date recommendation or property review(if you are unsure what you may need to enter the market).

6. World Wide Networks in 2012

The world wide web offers the opportunity to grow our network.  We now have thousands that subscribe to our blog and our network is growing.  We now advertise and promote our properties on Zillow, Trulia, Realtor.com VisualTours.com, our personal websites, our weekly blog, our affiliate websites, our 1500 international offices, our companies websites, and newspapers around the country with HomeFinder.  The bigger our network becomes the more chances for our clients success.

7.  A STRONG FIRST IMPRESSION

Our commitment to our sellers is great photography, meaningful well written property descriptions, fantastic marketing strategies, proper preparations including our listing checklist before getting a property on the market and proper positioning.  We are big believers that you only get one shot at a good first impression.  We measure our success by the number of showings and offers that we can generate through our marketing efforts.  Please note: some tweaking may be required and we are always looking to see what marketing adjustments we need to make.

8.  Outside the Box

We study the Hilton Head real estate market to spot trends for our clients and change to meet the market demands.  Through our market research we can provide valuable timing insights that can help in negotiation or help us in our marketing efforts.  Computers may provide information, but it is our goal to provide usable knowledge.  We will go outside the box to find the answers and solutions to get the job done.  Our marketing programs currently measure success and show what we need to work on and as a seller you will receive weekly updates on how we are doing.

9.  Going Green with Faster Paperless Transactions

Our goal is to do more for our clients with the aid of the Internet.  Our contracts are now scanned and soon will be completely on-line with digital signature.  No need for Fed-Ex, Scanning, mail or copiers.  Transaction speed will allow us to move quickly from offers to contract status seamlessly once negotiations begin.  This will be better for both our buyer and seller clients as they will lock into a deal sooner than later.  Please note we are still capable of faxing, phoning or mailing if you prefer.

10.  Selling great relationships on Hilton Head.

Jane Hyers and I are service fanatics and provide great, caring service that produces results you can count on.  Our goal is to take your expectations to a new level and provide the very best real estate selling or buying experience you will ever have on or off Hilton Head Island. While we embrace the internet to market property, we will continue to build upon the ”word of mouth” marketing programs that help us sell our properties .  We attend weekly meetings and welcome invitations to present ourselves to our piers and introduce ourselves and our properties.  We will continue to call around our listings to inform neighbors, experts and prospects about our properties and tap into the river of communication within our neighborhoods.

In  2010 and 2011 we adjusted for the market and we have listed our Resolutions.  Cheers to a Happy New Year 2012!

Our best to you!

Robbie Bunting and Jane Hyers

We had a client contact us this week as they were looking at their 2012 financial planning and were interested in our outlook for their Hilton Head Property. We love to help our clients review their real estate values anytime of the year, but at this time of year this is especially important as you plan your year ahead.  Our market research includes reviewing the broad market and the specific market areas and coming up with a summary of each together and separate.  Through our research we will look what the trend line for property values based on the most recent information available and what amount of inventory exists in current active listings including the lurking shadow inventory(if applicable).  Some of the tools we use in our valuations include our Monthly Market Trend Reports , Hilton Head Housing Supply Overview and Current Comparable MLS Inventories.

Market Research you can count on! 

If you own property and want to get a valuation for your property(selling is not a requirement), please email me at robbie@robbiebunting.com or call me anytime on my direct line at (843)842-0803.  We will return this market study with a full copy of our report to you within 7 days of your request.   Thank you.

Attention sellers or future sellers~We have attached last months Market Trend Report for your review. We also have prepared a snapshot report of the market we are in, what we forecast for the next several years and would love to share it with you. Just let us know via email and note Free Special Market Report in the subject line. It is our continued goal to sell your property for the highest price in the shortest period of time and our systems are set up to not leave any money on the table.

All the best~
Robbie Bunting & Jane Hyers

Hilton Head Sellers and Buyers must be aware of the “Principle of Substitution”

Sellers and buyers on Hilton Head need to be aware of the “Principle of Substitution” as it can either kick them in the butt or help them negotitate an incredible deal.  This simple principle states that when several similar properties are available, the one with the lowest price will get the greatest demand. This principle also assumes there is not much time between the comparison of the properties.  In other words, the lowest priced property will always sell first when it comes up on the market. Read the rest of this entry