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PODCAST

Selling Greenville

Greenville, SC (aka "The Upstate") is a great place to buy and sell real estate, and that"s what this podcast is all about! Stan McCune has been a real estate investor in the Upstate since 2013 and a realtor since 2016, and he shares his experiences and best practices, specific to the Greenville real estate market.

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All Episodes

35:29

247: What does Twitter/X have to say about home buying?

Selling Greenville ·

2024/11/20

X, formerly known as Twitter, can be a great place for information, but it can also be a terrible place for misinformation. Well, a great X/Twitter thread popped up on my feed recently discussing things that a first time homebuyer should and shouldn't when house searching. Some of the responses were spot on, and others were... not so helpful. So let's have some fun and talk about the thread and what it got right about home buying... and what it got wrong.This episode is sponsored by Piper

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41:05

246: What impact will a Trump Presidency have on real...

Selling Greenville ·

2024/11/13

After 1.5 years of campaigning, we finally know that Donald Trump will return to Washington as the 47th President of the United States. Some people are elated, others are mortified, but wherever you stand on the election results, the question remains: will Trump help or hurt the housing market? There are many possible scenarios for Trump in play - taking over the Federal Reserve, privatizing (again) Fannie Mae and Freddie Mac, injecting stimulus into the slumping housing market, creating futuristic

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32:25

245: My Egregious Appraisal Story

Selling Greenville ·

2024/11/06

Recently, I decided to do a cash out refinance on two identical duplexes that I own that are located next to each other. A cash out refi is a great way to take advantage of the equity you have in a property without having to sell it, and that's exactly what I hoped to do. Get cash, keep the property, have rental income pay off the mortgage, and everyone goes home happy. Well, all seemed to be going smoothly until the appraisals came in, with one being dramatically different than the other, despite

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32:17

244: Helene + elections cause prices to drop and...

Selling Greenville ·

2024/10/30

Mortgage rates have soared nearly an entire percentage point the past few weeks and as a result, September 2024 yielded the first year-on-year decline in the median sales price in Greenville since March 2023. Why is this happening now, and does it mean we're entering a buyers market?This episode is sponsored by Piper Insurance Group, who can help you with all your home, auto, and umbrella insurance needs. Contact them for a free quote at: ‪(864) 350-9329 / stephen@piperinsurancegroup.com /

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39:12

243: The Four Types of Real Estate Negotiators

Selling Greenville ·

2024/10/23

Negotiation is one of the most important aspects for a real estate transaction, and yet many people don't know their negotiation style or that of those they are negotiating with. In the old school of thought, it didn't matter what style the person across the table from you had - you simply negotiated aggressively with them and tried to win the negotiation at their expense. However, in recent years, negotiation tactics have shifted and are more focused on trying to achieve a situation where both

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35:19

242: My Crazy Listing Story: the home that had a bit...

Selling Greenville ·

2024/10/16

"Listing agents don't do anything besides put the home on the multiple listing service," is a phrase I hear frequently from people. And while some listings require less work than others, every listing requires many hours of work, and some require literally *weeks* worth of work. So today I tell the story of my listing from this year that has had a little of everything - messed up contracts, "low" appraisals, FHA flip rule issues, issues with engineers reports, missing data plates, etc. I don't even

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37:03

241: What to do about OUT OF CONTROL homeowners...

Selling Greenville ·

2024/10/09

Homeowners insurance premiums have increased dramatically the past 4 years in the US, specifically in the Southeast region of the US, which, coincidentally, is where Greenville is located. Thankfully, SC hasn't suffered the worst of the premium increases when comparing to states like Florida, but with our state getting hit hard by Helene and the possibility of other storms hitting us this year before storm season has come and gone, we can expect insurance premiums to be on the rise in 2025. There's

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35:20

240: Hurricane Helene Wreaks Havoc on Greenville, SC...

Selling Greenville ·

2024/10/02

I may be on my fourth straight day without power, but that's not going to stop me from reporting from the front lines on the unbelievable and devastating damage caused by Hurricane Helene to the Greater Greenville Area and to Western NC. In this episode, I discuss how Greenville was hit by a 1/100 year weather event, what it means for me and those I know, and what it means for our local real estate market.This episode is sponsored by Piper Insurance Group, who can help you with all your home,

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36:45

239: So what's ACTUALLY going on in Greenville real...

Selling Greenville ·

2024/09/25

Even though this podcast is all about Greenville real estate, still by far the main question I get from listeners and others is, "What are you seeing happening in the market?" Are buyers still active? Are sellers still getting top dollar? Have investors given up? Some of these we can answer with data, but data is dry and can only take us so far. So let's answer the question of what's happening with some real life scenarios and stories that I'm actually experiencing every day in the Greenville, SC

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32:17

238: What impact will the Fed, Trump, and Harris have...

Selling Greenville ·

2024/09/18

It's Fed week! And by the time most people watch/listen to this episode, we will already know whether the Fed decided to drop the Fed Funds Rate by 25 basis points or by 50 basis points. What impact will their decision have on the real estate market? And while we're talking about the impact of national politics on real estate, what about former President Trump or Vice President Harris? They have made multiple proposals for real estate that are also worth discussing to determine how much of an impact

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37:36

237: Is the dreaded 2024 recession here? And does it...

Selling Greenville ·

2024/09/11

The (10-year/2-year) yield curve has been inverted now for quite some time. Since 1955, every recession has been preceded by a similar yield curve inversion, but when the curve uninverts (as it did recently), does that mean things are getting better or worse? Headlines say better, economists say worse, but this is a Greenville real estate podcast. So let's just ask the question: are we going into a recession, and if so, what does that mean for Greenville real estate? It's not as obvious as you may

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27:02

236: Prices go up, but mortgage rates go down in a...

Selling Greenville ·

2024/09/04

Greenville hit an all time high for prices in July, but housing affordability still improved. Why? Because mortgage rates have moderated and are (as of this recording in late August, 2024) sitting at 6.37%, way down from their 8.03% peak in October. Long story short, sellers are getting high prices and still fairly favorable selling conditions while buyers are seeing greater affordability on monthly costs and more supply than has been accessible in years. So here's an update on where things stand in

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21:16

235: Comparing 2024 to the Chaos of 2021

Selling Greenville ·

2024/08/28

In 2021 we saw record high real estate demand coupled with record low supply. Those dynamics aren't the case anymore in 2024, but how much has the market flipped? Let's compare the 2021 numbers to 2024 to get a sense of where things are at.This episode is sponsored by Piper Insurance Group, who can help you with all your home, auto, and umbrella insurance needs. Contact them for a free quote at: ‪(864) 350-9329 / stephen@piperinsurancegroup.com / https://piperinsurancegroup.com As always, if you

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24:47

234: The Great Decoupling is here, and RE sellers...

Selling Greenville ·

2024/08/21

Unexpectedly, many real estate firms this past week, including my own real estate brokerage, rolled out new policies for listings that fully decouple buyer agent commissions from listing agent commissions. The result? Well, beyond it being a confusing new system to navigate that now means a lot more back and forth between agents, some real estate sellers may end up paying fewer commissions than they have in the past. So will this mean sellers will list their homes for cheaper, making it better for

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48:35

233: Realtor compensation changes are here. What does...

Selling Greenville ·

2024/08/14

Several months ago, it was announced by the National Association of Realtors that, in light of several antitrust lawsuits that were being waged against the NAR and other real estate organizations, major changes were coming to the real estate industry. And chief among those changes were changes to how realtors, specifically buyers agents, would be compensated. We discussed these changes on this podcast at the time they were first announced, but now (this week!) those changes are finally being

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31:48

232: The Dangers of Overpricing Your Home

Selling Greenville ·

2024/08/07

"You cannot fool the real estate market" is a phrase I love to use, because many home sellers seem to think that overpricing a listing is the best strategy to use when selling a home. But homebuyers aren't stupid, and they will identify an overpriced home quickly and simply ignore it, with the end result usually ending up worse for the seller than it would've been had they simply priced it right to begin with. Don't believe me? Well, I have data on my side, and I'm ready to share it.This episode

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45:22

231: Buyer and Seller Strategies for a Shifting Market

Selling Greenville ·

2024/07/31

We talk a lot about how the real estate market has shifted and what that means for buyers and sellers, but how does that actually impact your strategy for buying or selling real estate? Let's discuss five points for buyers and five points for sellers for how to educate themselves, strategize, and maximize their opportunities in an ever-evolving real estate market.This episode is sponsored by Piper Insurance Group, who can help you with all your home, auto, and umbrella insurance needs. Contact

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33:03

230: Prices set new records even as the real estate...

Selling Greenville ·

2024/07/24

Looking at the data we now have for Greenville through June 2024, there are increasing signs of weakening demand coupled with increasingly growing supply. In fact, we are seeing record new listings coming on the market all the while the average price of a home in Greenville has soared above $400,000 for the first time ever. What does all this mean, and how does it compare to Greenville's traditional, seasonal trends? Lots to talk about as we scour the market stats for the Greater Greenville

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33:51

229: Have homes bought since 2021 actually lost equity?

Selling Greenville ·

2024/07/17

A lot of headlines right now are focused on homes losing value from their 2021 peak, but the headlines are national, and we need to assess what's happening specifically in Greenville. Thankfully, we have a simple way of doing this - we can look at all homes sold twice or more since 2021, evaluate the spread between the first sold price and the second one, and then run some basic formulas to determine whether homes are losing or gaining equity in this shifting market (with some help from

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24:16

228: 2024 Mid-Year Bold Predictions Review

Selling Greenville ·

2024/07/10

At the end of 2023 into the beginning of 2024, I did a "bold predictions" episode where I discussed what I thought would happen to the Greenville real estate market in 2024. Well, now that half the year is over, it's time to do a preliminary review of the predictions to see how well they're doing. So let's go through all 10 of my 2024 bold predictions and compare them to the most up-to-date data to see whether I am the Nostradamus of Greenville real estate or if I need to make sure I don't quit my

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