Lora Pfohl, Realtor

Homeowners can decrease their home’s value without knowing it by:

🧹 Neglecting regular maintenance - Regularly cleaning out gutters, changing air filters, repairing wood rot or cracks in the foundation, bricks or tile help keep your house well maintained. And buyers will notice.

🔨 Doing poor quality renovations - Using unskilled labor and subpar materials will devalue your home.

🖼️ Over-personalizing spaces - it’s wonderful making your home your own, but when getting ready to sell, any extreme colors and decor can turn off buyers.

🌺 Lacking curb appeal - You want to “wow” buyers as soon as they drive up to your home. A nicely manicured yard and a welcoming front door makes a great first impression.

📐 Permitting mistakes - Not properly obtaining permits for renovations can compromise the sale of your home.

🛀 Not updating kitchen and bathrooms - Most buyers are not looking for projects to do after spending a lot of money purchasing a house. If the kitchen and bathrooms are already updated, it’s a huge bonus for them and a great selling point in your favor.

📏 Off-putting floor plans - If the floor plan has been altered or rooms have been added and the layout doesn’t make sense to a buyer, you’ll have a harder time selling the house.

🪳 Not controlling pests - Nothing is worse than looking in a crawlspace and finding active termite tunnels. Keeping up with your pest control (termites, roaches, etc) and addressing any infestation is vital.
Remember to maintain and protect your most valuable asset. You’ll be grateful you did when it’s time to sell your home.

Grammar mistakes and misspelled words make me crazy. 🤪😆

Do you see it? 🧐

Instant Reaction: Mortgage Rates, June 20, 2024
"The 30-year fixed mortgage rate from Freddie Mac continued with small incremental declines to 6.87% over the last week from 6.95%."
https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-june-20-2024

Are you wanting to buy a home, but don’t know how much you really can afford?

Let’s crunch some numbers…

Check out what one of our clients had to say about Lora Pfohl at Marchant Real Estate! Thanks for all that you do, Lora!!

Not a surprise at all! ❤️

We are so lucky to have EXCELLENT high schools in Greenville County!

Six Greenville County high schools among top 25 in U.S. News SC rankings Wade Hampton High School ranked as No. 10 on U.S. News & World Report's 2024-2025 Best High Schools in South Carolina list.

Check out the housing market update for March 2024! 🏠️📈

WOW⭐️WOW⭐️WOW
📍20 Daybreak Place, Simpsonville SC

$445,000 - If you are looking for a beautiful, functional, newer construction home priced in the mid $400ks in Simpsonville, then you will find it at 20 Daybreak Place. Four bedrooms PLUS a bonus loft/room to make your own. Conveniently located with 5 mins of I-385 for easy access to Greenville, GSP airport, or Charlotte, and within 5 minutes to either downtown Simpsonville and Fairview Road for plenty of shopping and dining options.

Call me if you’d like to check it out - 864-313-2235

Feeling GRATEFUL this morning! 🥰

😉

Listed below are 184 typical actions, research steps, procedures, processes and review stages in a successful residential real estate transaction that are routinely provided by full service real estate brokerages in return for their sales commission. Depending on the transaction and particular agent, some may take minutes, hours, or even days to complete, while some may not be needed.

More importantly, they reflect the level of skill, knowledge and attention to detail required in today’s real estate transaction, underscoring the importance of having help and guidance from someone who fully understands the process – a REALTOR®.

👉Pre-Listing Activities

✅ Make appointment with seller for listing presentation
✅ Send seller a written or email confirmation of listing appointment and call to confirm
✅ Review pre-appointment questions
✅ Research all comparable currently listed properties
✅ Research sales activity for past 18 months from MLS and public records databases
✅ Research average Days on Market (DOM) for this property of this type, price range and location
✅ Download and review property tax roll information
✅ Prepare Comparable Market Analysis (CMA) to establish fair market value
✅ Obtain copy of subdivision plat/complex lay-out
✅ Research property’s ownership & deed type
✅ Research property’s public record information for lot size & dimensions
✅ Research and verify legal description
✅ Research property’s land use coding and deed restrictions
✅ Research property’s current use and zoning
✅ Verify legal names of owner(s) in county’s public property records
✅ Prepare listing presentation package with above materials
✅ Perform exterior “Curb Appeal Assessment” of subject property
✅ Compile and assemble formal file on property
✅ Confirm current public schools and explain impact of schools on market value
✅ Review listing appointment checklist to ensure all steps and actions have been completed

👉 Listing Appointment Presentation

✅ Give seller an overview of current market conditions and projections
✅ Review agent’s and company’s credentials and accomplishments in the market
✅ Present company’s profile and position or niche in the marketplace
✅ Present CMA results to seller, including comparables, solds, current listings & expireds
✅ Offer pricing strategy based on professional judgment and interpretation of current market conditions
✅ Discuss goals with seller to market effectively
✅ Explain market power and benefits of Multiple Listing Service (MLS)
✅ Explain benefits of web marketing & IDX
✅ Explain the work the brokerage and agent do behind the scenes and agent’s availability on weekends
✅ Explain agent’s role in taking calls to screen for qualified buyers and protect seller from curiosity seekers
✅ Present and discuss strategic master marketing plan
✅ Explain different agency relationships and determine seller’s preference
✅ Review and explain all clauses in listing contract & addendum and obtain seller’s signature once property is under listing agreement
✅ Review current title information
✅ Measure overall and heated square footage
✅ Measure interior room sizes
✅ Confirm lot size via owner’s copy of certified survey, if available
✅ Note any and all unrecorded property lines, agreements, easements
✅ Obtain house plans, if applicable and available
✅ Review house plans and make copy
✅ Order plat map for retention in property’s listing file
✅ Prepare showing instructions for buyers’ agents and agree on showing time window with seller
✅ Obtain current mortgage loan(s) information: companies and & loan account numbers
✅ Verify current loan information with lender(s)
✅ Check assumability of loan(s) and any special requirements
✅ Discuss possible buyer financing alternatives and options with seller
✅ Review current appraisal if available
✅ Identify Home Owner Association (HOA) manager if applicable
✅ Verify HOA fees with manager – mandatory or optional and current annual fee
✅ Order copy of HOA bylaws, if applicable
✅ Research electricity availability and supplier’s name and phone number
✅ Calculate average utility usage from last 12 months of bills
✅ Research and verify city sewer/septic tank system
✅ Water system: calculate average water fees or rates from last 12 months of bills
✅ Well water: confirm well status, depth and output from well report
✅ Natural gas: research/verify availability and supplier’s name and phone number
✅ Verify security system, current term of service and whether owned or leased
✅ Verify if seller has transferable termite bond
✅ Ascertain need for lead-based paint disclosure
✅ Prepare detailed list of property amenities and assess market impact
✅ Prepare detailed list of property’s “inclusions & conveyances with sale”
✅ Compile list of completed repairs and maintenance items
✅ Send “vacancy checklist” to seller if property is vacant
✅ Explain benefits of homeowner warranty to seller
✅ Assist sellers with completion and submission of homeowner warranty application
✅ When received, place homeowner warranty in property file for conveyance at time of sale
✅ Have extra key made for lockbox
✅ Verify if property has rental units involved. And if so:
* Make copies of all leases for retention in listing file
* Verify all rents & deposits
* Inform tenants of listing and discuss how showings will be handled
✅ Arrange for installation of yard sign
✅ Assist seller with completion of Seller’s Disclosure form
✅ “New listing checklist” completed
✅ Review results of curb appeal assessment with seller and provide suggestions to improve salability
✅ Review results of interior decor assessment and suggest changes to shorten time on market
✅ Load listing into transaction management software program

👉 Entering Property in Multiple Listing Service Database

✅ Prepare MLS profile sheet — agent is responsible for quality control and accuracy of listing data
✅ Enter property data from profile sheet into MLS database
✅ Proofread MLS database listing for accuracy, including proper placement in mapping function
✅ Add property to company’s active listings list
✅ Provide seller with signed copies of listing agreement and MLS ✅ Profile sheet data form within 48 hours
✅ Take additional photos for upload into MLS and use in flyers ✅ Discuss efficacy of panoramic and/or drone photography

👉 Marketing The Listing

✅ Create print and Internet ads with seller’s input
✅ Coordinate showings with owners, tenants, and other Realtors®. Return all calls – weekends included
✅ Install electronic lock box if authorized by owner. Program with agreed-upon showing time windows
✅ Prepare mailing and contact list
✅ Generate mail-merge letters to contact list
✅ Order “Just Listed” labels & reports
✅ Prepare flyers
✅ Review comparable MLS listings regularly to ensure property remains competitive in price, terms, conditions and availability
✅ Prepare property marketing brochure for seller’s review
✅ Arrange for printing or copying of supply of marketing brochures or fliers
✅ Place marketing brochures in all company agent mail boxes
✅ Upload listing to company and agent Internet site, if applicable
✅ Mail out “just listed” notice to all neighborhood residents
✅ Advise network referral program of listing
✅ Provide marketing data to buyers coming through international relocation networks
✅ Provide marketing data to buyers coming from referral network
✅ Provide “special feature” cards for marketing, if applicable
✅ Submit ads to company’s participating Internet real estate sites
✅ Price changes conveyed promptly to all Internet groups
✅ Reprint/supply brochures promptly as needed
✅ Loan information reviewed and updated in MLS as required
✅ Feedback requests sent to buyers’ agents after showings
✅ Review weekly market study
✅ Discuss feedback from showing agents with seller to determine if changes will accelerate the sale
✅ Place regular weekly update calls to seller to discuss marketing & pricing
✅ Promptly enter price changes in MLS listing database

👉 The Offer and Contract

✅ Receive and review all offers
✅ Evaluate offer(s) and prepare a “net sheet” on each for the owner for comparison purposes
✅ Counsel seller on offers. Explain merits and weakness of each component of each offer
✅ Contact buyers’ agents to review buyer’s qualifications and discuss offer
✅ Submit seller’s disclosure to buyer’s agent or buyer upon request and prior to offer if possible
✅ Confirm buyer is pre-approved by calling loan officer
✅ Obtain pre-approval letter on buyer from loan officer
✅ Negotiate all offers on seller’s behalf, setting time limit for loan approval and closing date
✅ Prepare and convey any counteroffers, acceptance or amendments to buyer’s agent
✅ Submit copies of contract and all addendums to closing attorney or title company
✅ When offer is accepted and signed by seller, send to buyer’s agent
✅ Record and promptly deposit buyer’s earnest money in escrow account
✅ Disseminate “under-contract showing restrictions” as seller requests
✅ Submit copies of signed contract to seller
✅ Submit copies of signed contract to selling agent
✅ Submit copies of signed contract to lender
✅ Provide copies of signed contract for office file
✅ Advise seller in handling additional offers to purchase submitted between contract and closing
✅ Change status in MLS to “Sale Pending”
✅ Update transaction management program show “Sale Pending”
✅ Review buyer’s credit report results — Advise seller of worst and best case scenarios
✅ Provide credit report information to seller if property will be seller-financed
✅ Assist buyer with obtaining financing, if applicable and follow-up as necessary
✅ Coordinate with lender on discount points being locked in with dates
✅ Deliver unrecorded property information to buyer
✅ Order septic system inspection, if applicable
✅ Receive and review septic system report and assess any possible impact on sale
✅ Deliver copy of septic system inspection report lender & buyer
✅ Deliver well flow test report copies to lender & buyer and property listing file
✅ Verify termite inspection ordered
✅ Verify mold inspection ordered, if required

👉 Tracking the Loan Process

✅ Confirm verifications of deposit & buyer’s employment have been returned
✅ Follow loan processing through to the underwriter
✅ Add lender and other vendors to your management program so agents, buyer and seller can track progress of sale
✅ Contact lender weekly to ensure processing is on track
✅ Relay final approval of buyer’s loan application to seller

👉 Home Inspection

✅ Coordinate buyer’s professional home inspection with seller
✅ Review home inspector’s report
✅ Enter completion into transaction management tracking software program
✅ Explain seller’s responsibilities with respect to loan limits and interpret any clauses in the contract
✅ Ensure seller’s compliance with home inspection clause requirements
✅ Recommend or assist seller with identifying and negotiating with trustworthy contractors to perform any required repairs
✅ Negotiate payment and oversee completion of all required repairs on seller’s behalf, if needed

👉 The Appraisal

✅ Schedule appraisal
✅ Provide comparable sales used in market pricing to appraiser
✅ Follow-up on appraisal
✅ Enter completion into transaction management program
✅ Assist seller in questioning appraisal report if it seems too low

👉Closing Preparations and Duties

✅ Contract is signed by all parties
✅ Coordinate closing process with buyer’s agent and lender
✅ Update closing forms & files
✅ Ensure all parties have all forms and info needed to close
✅ Select location where closing will be held
✅ Confirm closing date and time and notify all parties
✅ Assist in solving any title problems (boundary disputes, easements, etc.) or in obtaining death certificates
✅ Work with buyer’s agent in scheduling and conducting buyer’s final walk-thru prior to closing
✅ Research all tax, HOA, utility and other applicable prorations
✅ Request final closing figures from closing agent (attorney or title company)
✅ Receive & carefully review closing figures to ensure accuracy of preparation
✅ Forward verified closing figures to buyer’s agent
✅ Request copy of closing documents from closing agent
✅ Confirm buyer and buyer’s agent have received title insurance commitment
✅ Provide homeowners warranty for availability at closing
✅ Review all closing documents carefully for errors
✅ Forward closing documents to absentee seller as requested
✅ Review documents with closing agent (attorney)
✅ Provide earnest money deposit check from escrow account to closing agent
✅ Coordinate this closing with seller’s next purchase and resolve any timing problems
✅ Have a “no surprises” closing so that seller receives a net proceeds check at closing
✅ Refer sellers to one of the best agents at their destination, if applicable
✅ Change MLS status to Sold. Enter sale date, price, selling broker and agent’s ID numbers, etc.
✅ Close out listing in management program

👉 Follow Up After Closing

✅ Answer questions about filing claims with homeowner warranty company if requested
✅ Attempt to clarify and resolve any conflicts about repairs if buyer is not satisfied
✅ Respond to any follow-up calls and provide any additional information required from office files

Earlier this month, a few of our very own attended the South Carolina Realtors® Rise Women's Conference in Charleston, SC. Attendees received valuable insights from accomplished women in the real estate industry and beyond. Way to represent Marchant, ladies! 💗

I’m sure this is true for lake houses and mountain houses, too! ⛱️🚤⛰️

We’re getting our first Del Webb 55+ community!

The 209-acre community for individuals ages 55+ years will feature 434 single-family homes with a choice of 1,300-square-foot to 2,200-square-foot floor plans spread over one level with an optional second floor.

“Del Webb is not just building new homes; we are crafting an unmatched lifestyle experience for active adults in the foothills of the Blue Ridge Mountains”, said Chad Plunkett, Greenville division president.

Del Webb breaks ground on active adult community in Greenville - UPSTATE BUSINESS JOURNAL Located at 200 Ranch Road, the Del Webb Greenville community for individuals aged 55 years and older will feature 434 single family homes.

Good thing I brought more than one puzzle to the beach! 🥰🧩

South Carolina’s vibrant real estate market offers an idyllic setting for homebuyers, but there’s one aspect of southern living that’s impossible to overlook – pollen season. As spring unfolds its beauty, the palmetto state transforms into a pollen haven, impacting not only the landscape but also the real estate decisions of prospective buyers.

The annual pollen explosion can be a challenge for residents. For those considering real estate in the Palmetto State, understanding and preparing for pollen season is essential.

With careful consideration and the right strategies, both buyers and sellers can make the most of the Greenville’s real estate market, creating a harmonious balance between nature’s beauty and comfortable living.

Pretty good testimonial! 😉

⭐️ SETS OF FREE TICKETS ⭐️
The Southern Home & Garden Show is happening at the Greenville Convention Center next weekend. Let me know if you’d like a couple tickets and I’ll send them your way! 🎟️🏡⛲️🪴

What started as an 1820s stagecoach stop has flourished into a vibrant downtown in Simpsonville, SC. This fast-growing city is the site of Heritage Park, which along with its centerpiece, CCNB Amphitheater, hosts family-friendly events throughout the year. Its main street is also lined with shops, restaurants, and unique finds like the Warehouse at Vaughns a community food hall and venue. Locals, what are your favorite Simpsonville stops?

I can be your Jay-Z! 🏆🏆🏆