Tag: folly beach
Are Vacation Home Warranties Good For Vacation Rental Owners?
The short answer is no. Home warranties are famous for delayed responses and low price (value) technicians. Still, I can consider the argument of home warranties are good values… but for primary residences only. Even then, I find they are frustrating and typically without complete resolution.
For vacation rentals, large and important purchases / repairs are mostly likely needed during a busy season of high use. Think refrigerators and air conditioning systems. These season are often filled with vacation guests paying thousands in rental rates for a few nights of relaxing vacation time.
When a system needs repair, the guest often expects an immediate result… regardless of what they would expect at home. Warranties add lots of delays, and more delays create potential liability for the home owner. The longer a guest waits, the more likely a credit or refund is expected.
My advice… ignore the home warranty unless it’s January or February. Otherwise, it is likely the perceived savings of a warranty plan will turn into an unseen expense with the move or refund issued to a understandably hot and frustrated vacation guest.
by Wes Walker
Vice President of Vacation Rentals
Dunes Properties of Charleston
(843) 513 1604
Related Reading for Vacation Rental Home Owners…
- View all tips for vacation rental owners
by – Liz Poore, dunes properties of Charleston agent, 843.513.1767
The National Association of Realtors published a study about the Digital House Hunt. The purpose of the study was to understand how consumers are using digital media in their real estate search process. The report found some great information, most of which I’m definitely not surprised about. Here are some report highlights:
-90% of home buyers searched online during process
-Real estate related searched on google.com grew 253% in the past 4 years.
-Buyers use specific online tools during different phases of home searching
-”Local” search terms and websites are very important to buyers
-Mobile technology can determine online to offline buying, including reviews
-The study looked at how YouTube and other video satisfy buyers’ research needs
-The role of age and gender in driving real estate decision making in the market by being the top demographics who searched online and took the next steps offline
-Top states for searches around first-time home buyer tips and specific housing advice such as foreclosures
If you check out the full study, you’ll arrive on page 27 to where the researchers also studied where vacation shoppers are looking the most. The results showed that 93% of vacation home shoppers used the internet and that a little more than half of vacation home buyers started their searches online. South Carolina was in the top 5 locations for vacation category home searches. The main searches all included some sort of question about a vacation rental.
The business of vacation rentals is booming in Charleston. Specifically, Wild Dunes, Isle of Palms, Sullivan’s Island, and Folly Beach are huge for this purpose. Before working as an agent I worked for over a year as a vacation planner on Isle of Palms in vacation rentals. It’s truly unbelievable how many people come here from all over the world to vacation. There’s nothing better than an oceanfront house or quaint condo within walking distance to the beach. There are so many different events throughout the year to attend, and what better idea than to rent a condo/house at the beach and get the best of both worlds? The proximity to Charleston is unbeatable. For those looking into second homes, Charleston is the perfect location.
– Liz Poore, dunes properties of Charleston agent, 843.513.1767
Folly Beach, SC – January 19, 2013
Come down to Folly Beach and enjoy food, drinks, and other offerings of local Folly Beach restaurants and clubs for the Taste of Folly. Center Street will be closed off for the festivities which will include tents for each establishment for tastings, live music, and kids activities. There will also be a chili cook-off, a hot dog eating contest, a silent auction, a date auction, and the server olympics. Eric Penrod & Tim Davis Duo & Folly Beach Reggae All-Stars will be performing on the Center Street stage. Guaranteed to be a fun time for all. New this year will be the Battle of the Bartenders, sponsored by Virgil Kane, held at the Blu, where each bartender will make their own take on a cocktail with Virgil Kane, and the crowd will be the judges.
Some schedule notes:
Hot Dog Eating Contest 12-1, Date Auction 2-3, Awards Ceremony 4:30-5. Live music in between. Click below for a map, schedule, and chili cook-off rules.
The Annual Folly Beach Sea & Sand Festival is a fun way to kick off Summer… even though Spring just technically started. Tell that to the 80 degree weather we’ve been having- feels like the beginning of Summer to me! This Saturday and Sunday, the very heart of Folly Beach, Center Street, will become a block party for a good cause. A little less than 100 vendors will provide goods and artwork for viewing and purchase.
This family friendly, (and dog friendly!) 2 day festival and fundraiser will benefit the Folly Beach Parks and Recreation program. This year will begin at 9am with the inaugural Coffin Island Scavenger Hunt – registration is required ahead of the event. Our own Vannessa Carter was helping to organize the Hunt, and she says it’s going to be great fun. The regular Sea & Sand Festival activities begin at 10:30am and include climbing walls, pony rides, arts and crafts, musical entertainment, and of course, food! On Saturday, there will also be live music on from noon – 5pm. This is going to be a really FUN time.
On Sunday, there’s a surf competition at 8am and the 2nd Annual Sand Sculpting Contest, organized by Dunes agent and Folly expert Vince Perna, will be from 11-2. Sunday concludes with Festival headliners the East Coast Party Band concert playing from 3-7 at Tides. Admission is free for all! Hope to see you there.
He then spent 11 years directing College and High School international community service programs in New Zealand, Fiji, Puerto Rico, and Central America. Ory’s goal is to get people focused on their natural environment. In 2010, he founded Charleston SUP Safaris to share his knowledge of the local waterways with visitors and residents.
In celebration of the opening of his new Charleston SUP Safaris shop on Folly Beach, Ory is hosting the first ever Shamrock SUP (Stand Up Paddleboard) Race on Saturday, March 17. The event will include several races from 9:00 am – 12:00 pm for adults and kids of all ability levels, and a doggie paddle race towards the end of the event.
The theme of the race is Go Green – think green, act green and wear green in the spirit of St. Patty’s Day. Prizes are available to be won by best outfits contests, at raffles, and for a silent auction. SUP Clean UP, Charleston Waterkeepers and Surfrider Foundation will be around during the event to provide educational information about being Green on our waterways.
Boards will be available for rent at $10 each. Entry fees, divisions, and registration forms can be found at Charleston SUP’s website. The event proceeds will benefit Pet Helpers and Emerson Rose Heart Foundation.
The Awards Ceremony will take place at Charleston SUP Safaris located at 83 Center Street, Folly Beach, SC 29439 with a block party following afterwards to celebrate St. Patrick’s Day.
– Amanda Graham
Momentum is going strong for Folly Beach real estate. Many Folly Beach homes and condominiums are trading hands while people take advantage of low prices and low interest rates. The pace of existing home sales has quickened and is returning to normal levels. Below is a summary of activity for July 2010. Contact me for the whole picture of the market.
11 properties sold in July 2010 on Folly Beach, bringing the total sold in 2010 to 61. Through 7 m0nths of 2010, we have sold as many as all of 2009. No tax credit disclaimer here, most buyers on Folly Beach would not qualify for the first time homebuyer credit. So we have legitimate demand for homes, which makes sense at the current average price in July of $331,829. If that sounds good to you, come on down and join us.
There have been a handful of foreclosed properties and great investment deals, but they go quickly and you really have to be in a position to move. they best way is to get educated on the market and be able to pounce when needed. I can help lead the way.
Some of the sales in July were:
A 3 bedroom Charleston Oceanfront Villa for $640,000
A 2nd row lot on East Arctic for $300,000
A condominium in Marsh Winds for $135,000
As prices fall lower, the low hanging fruit is easiest to pick, and that is exactly what is going on here on Folly. People are realizing that the prices are worth pulling the trigger, if you have always wanted the Folly Beach lifestyle. If you have ever considered buying, or are interested in selling your home, let me fill you in on the state of the market.
I remember my first visit to a Baskin-Robbins Ice Cream store when I was a child. There were more flavors than I had ever seen before all at a price my parents were willing to pay! How could I decide which was best? I was used to vanilla, chocolate and strawberry, but now there was mango, peach, caramel and cream, and about 27 other flavors to choose from. What was I to do?
Today’s real estate market is kind of like that. There are so many homes and neighborhoods available at great prices. How can a person decide on what to choose? If you are in the market for a new home, how can you avoid being mesmerized by the 33 flavors of homes available to you? Before you start looking, know what you need! Answer some questions before you go. The first answer you need is to the question of what you can afford. Here are a few others to consider:
- How big of a home do we need?
- Will three bedrooms and two bathrooms work? Or do we need more?
- How many square feet of air-conditioned space do we need?
- What size lot do we need?
- Do we want a large lot?
- Are we interested in a small lot?
- How much yard work am I willing to do?
- Are we interested in a townhome or condominium?
- What schools are nearby?
Once you’ve established your needs and balanced them with your wants, your Realtor® can focus the search on that target. Your Realtor® will preview a selected group of homes before spending your time in actually visiting everything in the mix. You should be able to find your home within 5 to 10 homes that you visit.
Remember Baskin – Robbins? I got sick sampling as many flavors as I could and never bought one scoop. Avoid the stomach-ache in your search by knowing what you want before you go to market.
We’ve has just listed this great lot which has a home that needs some work. 601 West Beach Court. We think this property is going to move fast at the super aggressive listing price of $394,900. A primary residence, a 2nd home, an investment rental property? You name it and this prime real estate fits the bill. This oversized corner lot is just steps away from beach access yet secluded away from the busy hustle and bustle that summertime can bring at Folly.
WOW! What a month! 13 properties sold during May 2010 on Folly Beach bringing the total year to date to 40. This pace is what we are used to on Folly. Have we reached a bottom? I would hesitate to call a bottom, but maybe call it a stabilization. Increased number of sales is what we need in order for demand to push prices upward. So far prices remain low, which is leading many to purchase property. The average sales price in May was $458,000.
The sales in May included an oceanfront 1 bedroom studio for $250,000, a 2nd row cottage on a half lot for $363,000, and a Sunset Pointe home with a pool for $548,000. There were also 2 Charleston Oceanfront Villas sold in the $600’s.
There are still many great opportunities on Folly Beach, but when one presents itself, it usually is gobbled up. As a buyer, you must really be in position to pounce as soon as the deal is listed. Getting yourself prepared takes a little time so get started looking now, so when the deal comes around you will be ready.
To talk further or to get more information on the sales, call me at 843-425-6414 or email me firstname.lastname@example.org.
Dunes Properties of Charleston
31 Center Street, Folly Beach, SC 29439