Your Real Estate Market Update For
Plantation Lakes
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Plantation Lakes Market Updates
How Marketing and Innovation Will Get YOU more money and the best terms when selling your home with Beach Properties Group
Local Market Update
National Market Update
Seller Tips
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The Marketing Plan
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30 Day Plan to Prepare Your Home for Sale
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The Complete Guide to Selling A Home
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What to Expect in The First 14 Days of Selling
Preparing for a possible move? Click below to check out our moving checklist to get your whole house ready for the next home!
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PLANTATION LAKES STATS & LOCAL INFO
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What Is Appraised Value When Selling a Home in Myrtle Beach, SC?
If you are selling your home in Myrtle Beach, one step that can directly affect whether your sale moves forward smoothly is the appraisal.
In simple terms, appraised value is the opinion of your home’s value determined by a licensed appraiser working for the buyer’s lender.
This number helps confirm whether the lender will approve financing for the agreed purchase price.
Brian Staub is a real estate agent in Myrtle Beach, South Carolina helping homeowners sell with clarity and confidence.
Understanding how appraised value works can help you avoid surprises and stay prepared during the contract process.
What Does Appraised Value Mean in Real Estate?
Appraised value is the estimate a lender uses to confirm a property is worth the contract price.
The appraiser evaluates:
recent comparable home sales
property condition
square footage and layout
upgrades and improvements
neighborhood trends in the Myrtle Beach area
If the appraised value supports the contract price, the transaction usually continues as planned.
If it does not, negotiations may change.
Appraised Value vs Market Value
Appraised value and market value are related but different.
Market value reflects what buyers are willing to pay.
Appraised value reflects what a lender believes the property is worth based on comparable sales and risk evaluation.
You can learn more about this difference in our guide explaining what market value means when selling a home in Myrtle Beach.
Appraised Value vs Listing Price
Listing price is the strategy used to attract buyers.
Appraised value is the lender’s verification of that price after a contract is accepted.
Even when a home is priced correctly, appraisal results can still affect negotiations.
Learn how pricing strategy influences this process in our article explaining what listing price means when selling a home in Myrtle Beach.
What Happens During the Home Appraisal Process?
After a contract is accepted, the buyer’s lender orders an appraisal.
The appraiser visits the property and reviews:
condition of the home
improvements and upgrades
comparable nearby sales
neighborhood demand
current market activity in Myrtle Beach
This step typically happens during the contingent phase of a transaction.
Learn more about that stage in our guide explaining what contingent means when selling a home in Myrtle Beach.
What Happens If the Appraisal Comes in Low?
A low appraisal does not automatically cancel a sale, but it can change negotiations.
Possible outcomes include:
the buyer paying the difference in cash
the seller adjusting the price
both parties meeting in the middle
the contract ending if no agreement is reached
In some cases, sellers offer concessions to help keep the transaction moving forward.
Learn more about those options in our article explaining seller concessions in Myrtle Beach.
Why Appraisals Sometimes Differ From Expectations
Even well prepared homes can appraise differently than expected.
Appraisers rely heavily on recent comparable sales, which may not reflect:
unique upgrades
renovation quality
premium lot locations
new construction features
This is where local experience matters.
With more than 17 years of general home improvement contractor and new construction experience and over 20 years working in the Myrtle Beach and Grand Strand real estate market, Brian Staub helps sellers understand how property condition and improvements influence appraised value before issues arise.
If you would like insight into how your upgrades may affect your appraisal outcome, you can schedule a time here:
https://booking.beachpropertiesgroup.com/seller
How Sellers Can Prepare for an Appraisal
Preparing your home before the appraisal can improve results.
Helpful steps include:
completing minor repairs
organizing upgrade documentation
improving curb appeal
ensuring access to all areas of the home
Providing a strong presentation helps the appraiser evaluate the property more accurately.
Real Example: Appraised Value in Myrtle Beach
Imagine your home receives a strong offer shortly after listing.
Everything moves forward smoothly until the appraisal is completed.
If the appraisal supports the purchase price, the sale continues toward pending status.
If it comes in lower than expected, the buyer and seller must decide how to adjust the agreement.
Understanding this step early helps sellers stay prepared and confident during negotiations.
Learn what happens next in our article explaining what pending means when selling a home in Myrtle Beach.
Common Appraisal Mistakes Sellers Make
Assuming upgrades automatically increase value
Not all improvements produce equal returns.
Skipping small repairs before the appraisal
Minor issues can affect the appraiser’s impression.
Pricing far above comparable sales
This increases the chance of appraisal adjustments.
What Should Sellers Do If They Receive a Low Appraisal?
If the appraisal is lower than expected, sellers can:
review the comparable sales used
negotiate with the buyer
request reconsideration through the lender
accept a revised contract price
Backup offers can sometimes provide leverage during this stage.
Learn how they work in our article explaining what backup offers mean when selling a home in Myrtle Beach.
FAQs About Appraised Value
Is appraised value the same as market value?
No. Market value reflects buyer behavior, while appraised value reflects lender risk evaluation.
Can a seller challenge a low appraisal?
Sometimes. Additional comparable sales can be submitted through the buyer’s lender.
Do appraisals affect all home sales?
They typically affect financed purchases, but not always cash transactions.
How long does an appraisal take in Myrtle Beach?
Most appraisals are completed within one to two weeks after being ordered.
Final Thoughts
Appraised value plays a critical role in whether a transaction moves smoothly from contract to closing.
Understanding how appraisals work helps sellers stay prepared, respond confidently to negotiation changes, and protect their final sale price.
Next Steps
If you are planning to sell your home in Myrtle Beach and want to understand how your property is likely to perform during the appraisal process, reviewing comparable sales and recent upgrades ahead of time can make a significant difference.
If you would like a personalized estimate of how your home’s condition, improvements, and location may influence appraised value, schedule a time that works best for you here:
https://booking.beachpropertiesgroup.com/seller
Brian Staub is a real estate agent in Myrtle Beach, South Carolina helping homeowners sell with clarity and confidence.
Brian Staub
Beach Properties Group Keller Williams
601 21st Ave N, Myrtle Beach, SC 29577
(843) 385-6630
https://beachpropertiesgroup.com/
Congratulations For joining and welcome to the virtual seller seminar for Plantation Lakes
If you're either thinking about selling or already made the decision to sell your house, but you still have questions or concerns regarding the process, price or anything else - let me tell you:
You're in the right place.
This free seller seminar is giving you the exact step by step blueprint on everything you need so you can get clarity on everything A-Z and guide to you make the best decision in selling your home for top dollar.
You will learn about timelines and timing, marketing your home, pricing your home, negotiations, and so much more.
Take a look around and let us know how we can help you.
Hi I'm
Jeremy Jackson
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Discover how to sell your home Faster and To get top dollar!
Enjoy the latest & most up-to-date marketing & sales tactics to sell your home fast, for top dollar.
The Pre-Market Quiz
"Will your home pass the test before going to market?"
Learn how to sell your home for top dollar right now
You may need to make a few changes before selling
Pre-Market Timelines
"Let's talk about the timelines before listing a home with us."
What you should expect when getting your home ready to sell
How to maximize the return on your investment
Timing
"How quickly will my home sell? This is a common question we get."
Learn about the market climate and absorption rates
The market climate will determine how quickly your home will sell
Marketing Your Home
"The importance of marketing your home properly."
Digital marketing exposes your property to the masses
Negotiation will be key in selling you home
Pricing your home is not as easy as checking Zillow
Home Valuation
"How do you determine what your house is worth?"
Pricing your home right
Factors to consider are size, condition, location, marketing, and negotiating
Underpricing and overpricing your home will cause you to lose money
Is Zillow Accurate?
"Should I use Zillow as an accurate evaluation of my home’s value?"
Zillow is an algorithm based on public data
Zillow has never seen the inside of your home and it’s a computer
Zillow comes up with the value based upon what your neighbors are selling for
What to Disclose?
To disclose or not to disclose
This is vital to ensure that you are safe during and after the sale
Over-disclosure is better than under-disclosure
Receiving Offers
"How do you know if you should accept the offer you just got?"
What if you don't receive the amount of offers you were hoping for?
What happens if we have more than one offer?
Good Time to Sell?
"Are we heading into a recession and is now a good time to buy and sell?"
If you're fearful of selling due to a recession, you may want to think again
Remember, it's all relative
Negotiations
"How to negotiate like a master to make sure you get the most out of your home?"
How to get top dollar when selling
Walking away with the most amount of money in your pocket
Inspections?!
"Should you get inspections done prior to listing my home?"
The advantages of having inspections done prior to listing
Saves you time and money
Curb Appeal
How to make a good first impression
How to get maximum exposure and top dollar
There are simple tricks that can save you money and maximize the return on your investment at the same time
Should I Take the First Offer?
NO NO NO!
The goal is for your home to be seen by the masses
Then, to get the highest and best price and terms for your home
What Are Contingencies?
"When a buyer has made an offer on a home and the seller has accepted it but the final sale is contingent on certain criteria being met."
This criteria, or contingencies, typically fall under four major categories: appraisal, loan approval, inspections and reports & disclosures
Contigency Timeframes
"Now we're in contract prior to contingencies being removed. Now we're in business."
The buyer now will secure their loan, have their inspections on the property, and review all of the reports and disclosures
Want a free Home Value Report?
Go to the next page to request a free home value report for your specific home.
Brian Staub | Realtor® & Team Leader
License #55751
Meet Brian Staub
As one of the top 10% of realtors in Myrtle Beach, Brian Staub, Team Leader of Beach Properties Group has sold over 650+ homes and over 140+ million in closed volume since entering the field in 2006.
As the Owner and Team Leader of Beach Properties Group, he has put together an unbeatable team whose primary focus and goals are to assure our clients are fully informed, and educated prior to selling or buying a property to minimize their risk and to maximize on their investments resulting in happy, satisfied, repeat clients and life long friends.
Originally Brian started out as a home improvement contractor and real estate investor himself. Brian’s love for the housing industry and serving others has followed him into his real estate business starting in 2006. He always remains ahead of the trend curve and constantly strives to improve and evolve him and his team to stay at the top of the industry.
Brian’s ultimate goal is serving and helping his clients, family, friends, fellow agents, and his community making a positive difference in any way he can.
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WHAT PEOPLE ARE SAYING ABOUT BEACH PROPERTIES GROUP
"Brian Staub is an excellent realtor."
He is very knowledgeable on what he is showing and answered all questions we asked. I would definitely recommend him if you need to buy or sell a property.
- Barbara Y.
"Brian was absolutely amazing through out this whole experience"
"for me especially as a first time home buyer I could not have asked for a better agent to have helped me through this process!"
- Josephine C.
"Brian has been my realtor for almost 17 years."
He has also been the realtor for all 3 of my son's and there families. There is no one else that I would consider using to buy or sell a home.