Every industry has its own jargon, and real estate is no different. It can all seem like a confusing word salad for those new to the business. We’ve compiled a list of common terms you’re likely to encounter.
Hilton Head Real Estate
CHARTER ONE EARNS TOP NOD FROM REAL TRENDS
Charter One Realty has been ranked as one of the nation’s top brokerages by REAL Trends 500. With more than 130 agents and 11 offices throughout the Lowcountry, Charter One Realty is also one of the largest independent firms in the nation with more than $900 million in sales last year. Rankings are based on those firms who choose to participate, and then listed by closed transaction sides and closed sales volume.
NEW SUBDIVISION COMING TO HILTON HEAD
The Estuary, a new gated subdivision, is planned for Fish Haul Road next to the Arthur Hills Golf Course at Palmetto Hall Plantation, said Village Park Group marketing manager Leslie Ehlers. Buyers will be able to choose from several models offer three, four or five bedrooms.
The homes will be priced in the mid-$300,000s. Construction on the homes will not start for a few months, but Village Park Group has begun clearing trees and installing utilities at the site.
CENTURY 21 DIAMOND REALTY OPENS NEW OFFICE
The Sun City and Okatie branch of Century 21 Diamond Realty celebrated a grand opening in January. The new location features closed-circuit televisions, a conference room, coffee bar, large training center, private cubicles and a welcoming reception area. The new branch will also include offices for Washburn Law and Southern Trust Mortgage to help clients seeking legal advice or mortgage information. The branch will be open seven days a week.
50 NEW HOMES COMING TO OLD TOWN BLUFFTON
The Walk at Bluffton Square, a new neighborhood in Old Town Bluffton, has been approved by the Bluffton Development Review Committee. Three lots at the corner of Burnt Church Road and May River Road will include 50 single-family homes with two-car garages. The Pulte Homes project is expected to be complete this summer, with home prices ranging from $300,000 to $400,000.
THIRDHOME COMES TO HHI
THIRDHOME is a luxury property and travel club that enables its members to explore the world through a variety of travel experiences. Originally a luxury home exchange, it has evolved into a travel brand that brings together home owners, renters and adventurers. Trade time in your second home for stays at more than 10,000 curated luxury properties. Destinations include Spain, United Kingdom, Canada, France and Italy. THIRDHOME Exchange invites second homeowners in the Hilton Head Island area to join their community of members.
CORA BETT THOMAS LAUNCHES PHILANTHROPY PROGRAM, ADDS MARKETING DIRECTOR
CEO and Founder Cora Bett Thomas has announced a new philanthropy program called Team Cora Bett Thomas Cares. All Cora Bett agents will donate to the philanthropy program fund at each closing. The brokerage will match each agent’s donation. Nonprofit organizations interested in applying for Team Cora Bett Thomas Cares should contact CBTCaresFund@corabettthomas.com.