One of the first questions I get from a buyer when I first meet them is what will it cost to hire you (me)? I will address this question but first you must understand a few things. It is illegal for agents at different companies to group together and decide on what commissions will be offered. It is not illegal for a COMPANY to tell their agents what the commissions offered will be. Some examples are:

Joe with ABC Realty had a company meeting. At the meeting he was told that any member of ABC shall take no less than 6% commission aka Brokerage Fee for each listing they get. This is legal. Now let’s say Joe with ABC  Realty met with Samatha at XYZ Realty and they said that neither company will list a property for less than 6% commission or Brokerage Fee. This is illegal. That is why you will see advertisements from different companies offering special commission rates, rebates or discounts. A rebate can be a touchy subject but basically it is monies given by the real estate company at closing to the individual who used that agents company to buy or sell their home. I personally will never offer a rebate but we will always negotiate our commissions.

Buyer’s agents can receive their compensations in numerous ways. I personally only receive my compensation from the listing agent who receives their monies from the seller. If I have a buyer who wishes to pursue a For Sale By Owner than I will ask for a commission directly from the seller in the form of a “one-time showing agreement”. If he declines then I will not receive any compensation if my buyer buys that home. This is a personal choice and practice. Make sure to read your buyer’s representation agreement carefully and ask how will your agent receive his compensation. Some agreements may call for the buyer to compensate the agent.

An important question to ask when you hire a listing agent is what will the compensation be to the buyer’s agent. Its unfortunate but some agents may or may not show homes unless they are offered a certain amount of commission. This could be  a very important issue when trying to sell your home. In this market every potential showing is important. Is it unethical for a buyer’s agent to not show a home that may fit their clients needs because of the compensation offered? I will leave that to you to decide!

We once again thank you for reading our blog and remember to always consult your local Real Estate expert ! If you would like to contact us about this blog or others please email me at josh@fredhollandrealty.com or call 843-343-1307.

Price: $499,900

BED: 5   BATH:  3 1/2   Square Footage: 3002

Description:

BANK OWNED!! LUXURIOUS LIVING AT AN AFFORDABLE PRICE WITH A PREMIER JOHNS ISLAND LOCATION! Agents alert your home buyers and investors! Rushland is an extravagant community with prime location being just a dozen minutes to Downtown Charleston! This gorgeous home is priced WELL below the PPS for Rushland over a 1 year period. (Note CMA included A,AC,P & S)Everything about this home suggest quality & elegance. Starting with the exterior, this home has cement plank siding, fashionable metal roofing,a full front porch overlooking a beautiful front yard with views of a Lagoon made complete with your very own palm trees and a white picket fence! The back of the home has a large deck creating wonderful river & lagoon views. The large lot provides plenty of room for off-street parking and the home is equipped with a 2 car garage. The interior of the home speaks it for itself. The custom tile, beautiful hardwoods and wall to wall carpet cater to every individual and their flooring preference. The gourmet kitchen has stainless appliances, a kitchen island, gorgeous cherry cabinets and granite countertops. The large living room has custom shelving, fireplace, outside access and wonderful views. The master bedroom has two ceiling fans with his and her closets,. The master bath is equipped with a whirlpool tub, custom tile walk-in shower, private water closet and dual vanity sinks. All the fixtures in this home are top notch and the vanity countertops are absolutely stunning! The impressive staircase leading to the 2nd floor is made out of wood with Iron Balusters. The LARGE 3rd floor bonus room is wired for surround sound and offers priceless views of the river & lagoon. Rushland has three (3) community docks on the Intra Coastal, miles of walking trails, stocked lagoons, a community pool and a clubhouse/Open Air Pavilion. The bank has informed us to get this property SOLD! With this price, we should achieve their goal! ALL JENN-AIR Stainless Appliances Convey!! Agents Read Notes
If square footage is important – MEASURE!!

If you have any questions or would like more information on any other properties please contact The Fred Holland Team. You can reach us at (843) 343-1307 or josh@fredhollandrealty.com. Please visit www.fredhollandrealty.com to view this listing and more!

Price : $72,000

Description: **BANK OWNED!** MARINERS CAY IS A COMPLETELY RENOVATED,PRIVATE MARINA SITUATED ALONG THE PROTECTED AND PRISTINE FOLLY RIVER. MINUTES TO THE STONO RIVER AND OPEN WATER. THIS IS A GATED COMMUNITY W/ FULL SERVICE FACILITIES WHICH INCLUDE CITY WATER,POWER HOOK UPS FOR BOTH 30AMP & 50AMP ELECTRICAL SERVICES,STATE OF THE ART FUEL PUMP, PUMP OUT STATION,AND FULL SERVICE SHIP STORE AND DOCKMASTER SERVICES. OTHER AMMENTIES INCLUDE RESTROOMS,SHOWERS AND LAUNDRY FACILITIES. PRIVATE ENTRY FROM PIER TO THE DOCKS. ****60′ X 23′ SLIP****BRING ALL OFFERS.

Price: $214,000

Bed: 2  Bath: 2  Sq. Ft.:  1074

Description:

15K PRICE DROP! This high demand style in Mira Vista is priced to sell! Truly a great location at a great price. The best condo community on James Island offers many amenities. A swimming pool, hot tubs, wonderful fitness area and a security gate to offer seclusion. This popular floor plan comes with custom made bamboo blinds, crown molding throughout,washer, dryer and laminate floors. Both bedrooms are good size and each have their own bathroom. One bedroom has garden tub and the other has access to a screen porch. Close to the connector and just a short drive to the beach. HOA includes insurance.
If square footage is important – MEASURE!!

If you would like more info on this property or others then contact The Fred Holland Team! You can reach josh at (843) 343-1307 or email me josh@fredhollandrealty.com

Price:  $504,900

Bed: 3   Bath:  2 1/2  Sq. Ft:  1792

Description:

This Folly Beach property is located just a short walk to the beach, one block to Center Street and has plenty of off-street parking. Agents, this home has something for every buyer. How about an affordable primary residence with luxurious upgrades? An inexpensive Folly Beach property for our 2nd home buyers? For the investor, it has proven long term rental income at $1700 (lease through Dec. 2009) a month with a wonderful tenant and unit A is now a vacation rental. Your buyer’s will love the attention to detail and quality that the interior of this home has to offer. Equipped with Brazilian Hardwood Cherry Floors throughout, Ceramic Tile in the bathrooms, wall to wall Carpet in the bedrooms, Nickel Finished Hardware & Fixtures, Custom Ceiling Fans, Slate flooring in the spacious Gourmet Kitchen with Granite Countertops, Kitchen Island & Stainless Appliance that convey! The separate dining room has plenty of room to have a nice family dinner. The LARGE master bathroom has a garden tub, stand-up shower & private toilet. Enjoy a nice Folly day relaxing on either of the two decks that are accessible from the first & second floor! Last but not least, ALL FURNISHINGS CONVEY! That’s right! At this price, which is well below what the seller paid, all furnishings convey! THIS IS NOT A SHORT SALE BUT INSTEAD GREAT PRICING. SELLER CAN CLOSE QUICKLY

Each time LaJuan or I get a new listing we will post it in our blog. This week we have two new listings!

       1960 Folly Road Charleston, SC 29412      

PRICE:  $2,200,000

4.00 ACRES with Marsh VIEW, PRICELESS LOCATION and ZONED C4! TALK ABOUT EXPOSURE. A recent study indicated that on average 1000 cars per hour arrive on Folly Beach. Another study done by SCDOT indicates that 14K-18K cars would passy by this location. As many locals know, the weekend traffic is at a stand still. This means more potential customers for your business as they wait to get on the beach. There is also a new gas station and Piggly Wiggly directly across the street! Considered a luxury to some, this property has public utilities available and can be accessed from Folly Road or Teal Marsh Road. The property is in the City of Folly Beach and has design board approved plans which have been uploaded. The plans contain mixed use and call for a 42 unit residential community and strip center.

1030 Secessionville Road Charleston, SC 29412

Price:  $199,000

JAMES ISLAND BELOW 200K! This 3 bedroom 2 BATH (take note) home is located only 10 minutes (that’s with traffic) from downtown, 5 minutes from Folly Beach. Huge fenced in backyard for pets with 7′ X 10.5′ shed. Two bedrooms are carpeted and share a bathroom on the east side of the home. Between those bedrooms and the master bedroom lies Italian ceramic tile in the kitchen and dining area and floating hardwood floors in living room. Living room has 14′ vaulted ceiling, kitchen and dining area have 12′ ceilings. Master bedroom has new brazillian cherry wood floors and 12′ vaulted cathedral ceiling. The heating/AC unit is just a few years old. Two huge live oaks on either side of the two-car driveway.

Please contact the Fred Holland Team with any questions regarding these listings and more… josh@fredhollandrealty.com   or 843-343-1307

81-E  Ashley Ave. Charleston, SC 29403

Price: $148,900

Bedrooms:  1     Bath:  1    Sq. Footage:  543   Built:  1850

Description:

SHORT SALE & MAJOR PRICE REDUCTION! PRICED EXTREMELY BELOW VALUE!  This condo is located minutes to the marina and connector. You can enjoy jogging around colonial lake or walking to all the wonderful restaurants, night life and Downtown activities. Why pay for a parking spot when your condo offers off-street parking and you can walk or ride your bike to MUSC, VA or C of C. Don’t miss this chance to buy a 1 bedroom Downtown condo in the prestigious Harleston Village.  Investors imagine the rental demand to students and medical professionals! Please note home has been vacant for some time and was reduced 60K+. At 218K it was still priced below comps based on price per sq foot! HOA INCLUDES: flood insurance, exterior insurance, pest control, annual termite bond, water and more. This is an attempted short sale so it’s contingent on 3rd party approval.

Contact the Fred Holland Team for more information regarding this listing and more. josh@fredhollandrealty.com or 843-343-1307. Or visit our website at www.fredhollandrealty.com