March-April 2014 | MAKING SENSE OF A CONSTANTLY CHANGING REAL ESTATE MARKET

Erin Scrimgeour of Investor’s Choice Realty
MAKING SENSE OF A CONSTANTLY CHANGING REAL ESTATE MARKETMAKING SENSE OF A CONSTANTLY CHANGING REAL ESTATE MARKETMAKING SENSE OF A CONSTANTLY CHANGING REAL ESTATE MARKETMAKING SENSE OF A CONSTANTLY CHANGING REAL ESTATE MARKET

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MAKING SENSE OF A CONSTANTLY CHANGING REAL ESTATE MARKET

Erin Scrimgeour and Ted Lizas of Investor's Choice Realty can save you lots of money whether you're a buyer, seller or renter of resort-area property

Written By: Nick Brandi | Photographer: Grant L. Gursky

Sure, Ted Lizas and Erin Scrimgeour formed Investor’s Choice Realty in 2010 to offer buyers, sellers and renters in the Ocean City area their copious expertise in the local real estate market. But that’s not all. They also sought to make things easier for folks while saving them lots of money at the same time.
 
In an industry where 6% commission is the rule, Investor’s Choice Realty goes their own way, instead offering a flat fee of $3,500 to list your property and just $9,000 if they list the property and find the buyer for you. Buyers, meanwhile, may enjoy a flat fee of $6,000. Think how much hard-earned money that stands to save you if you’re talking about a property that’s worth over 300K. It’s enough to buy a great used car, finance a spectacular vacation or pay for up to a full year of tuition at a good public college or university. Or, if you prefer, you may just reinvest all that saved money into the property itself.
 
In addition to traditional real-property sales, Investor’s Choice Realty is also huge in the vacation-rental market. If you want to rent property, Investor’s Choice will find the ideal bayside or ocean-side property to make your next family vacation one you’ll never forget. If you are an owner of property that you’d like to rent, Investor’s Choice will become your expert property managers, taking all the hassle and logistical details off your shoulders.
 
“As property managers, we will conduct premises inspections before, during and after the rental,” shared Erin. “We will also completely prep the property prior to the rental and maintain it in the event of a longer-term rental period.” 
 
Investor’s Choice will even make all the arrangements to store the owners’ precious or valuable possessions should they not want such contents on the premises during the rental period. Erin added that right now is an especially good time for local residents to be considering renting as a viable economic alternative to selling.
 
“Because the real estate market has not completely stabilized in this area, like so many other areas across the country, people are finding that selling now would impose a substantial financial loss on them,” she advised. “By renting your property instead, you can get top dollar and therefore earn substantial income that can go to defraying mortgage costs and the like. And while you’re doing that, you can safely monitor the sales market so that you can list your property for sale at an opportune time.”
 
But, as Erin explained it, the current robust rental market holds advantages for the people renting, as well.
 
“Lots of people come down here every year in search of second homes or vacation homes,” she said. “By renting one of these premium properties, they can not only search for second-home opportunities with the convenience of having a local base, they have also positioned themselves uniquely well to perhaps make the owners an offer on the property they’re renting, having had the chance to inspect and get to know the property at their leisure and intimately well.”
 
Bottom line, Erin emphasized, is that with Investor’s Choice Realty, people can buy, rent or sell the property they want for less money in fees and commissions than anywhere else in the area.
 
 
INVESTOR’S CHOICE REALTY
410-524-1992
 
 


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