Our Special Offer Can Set You Up for a Huge Home Sale in 2018

November 13th, 2017

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If you’re planning on selling your home in the springtime in 2018, we have a special offer happening in November and December where we’ll meet with you now to discuss how to prepare for that sale.

As we always tell our clients, it’s important to know what to do to get your house ready, but it’s even more important to know what not to do. Our mission is to position our clients to win in real estate and to make it fun and easy for them.

It makes sense right now if you’re a future home seller to be proactive and prepare ahead of time. There are no obligations involved—walking through houses and discussing a strategy with their owners to make the most money possible when putting that home on the market is what I like to do the most.

“It makes sense to be proactive and prepare ahead of time.”

To make the most money possible, you must not only prepare your house, but also position it at the exact time on the market where you can receive the biggest price for it. Traditionally, that will be in the spring. Everyone knows that, but you have to have a better understanding of exactly when to do it and you have to watch the market carefully to strike when demand is highest. If you wait too long, it will be over.

As you can see in the chart in the video above, the market has been very predictable for the past five years in Austin. If you know how to predict this market and position yourself correctly, you’ll make a lot more money.

As I said, if you decide to take advantage of this offer, we’d be happy to help you. If you have any other questions about this offer or are thinking you want to set up an appointment, don’t hesitate to reach out to us anytime. We’d love to speak with you.

 

 

October Market Update for the Austin Area

October 13th, 2017

            Buying a home? Search the local MLS

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            Call me at (512) 616-4100 for a free home buying or selling consultation

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Today, I want to take a moment to update you on what’s going on in our October real estate market.

People have once again been asking if we’re experiencing or expecting a shift. Right now, we can see from the current statistics that there is no shift in the market.

The reason for this is that sales are as good as they’ve ever been. This is despite low inventory. In fact, we have 20% less inventory than last year, including new constructions.

There’s a lot of demand for housing in the Austin area, so the market won’t shift or go down any time soon.

“This is the time of year, I tend to try to buy houses myself. “

In the last four or five years, we’ve seen 8% appreciation like clockwork. This occurs at the same time every year, so positioning yourself to make the most money is key.

Right now, we are seeing a little bit of a seasonal shift, but this is completely normal. As the holidays approach every year, there are simply fewer sellers on the market.

Nevertheless, the buyers and sellers that are on the market are much more motivated. This means it’s still a great time to buy or sell. This is the time of year I tend to try to buy houses myself.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

 

 

Red Relief—Helping Those Impacted by Harvey and Irma

September 21st, 2017

      

Keller Williams is here to help those impacted by Hurricane Harvey and Hurricane Irma.

When it comes to Keller Williams, family is everything.

Our Red Relief program is dedicated to providing disaster relief to every family impacted by these storms.

Hundreds of Keller Williams agents have gone to Texas to help those in Corpus Christi, Houston, Beaumont, and more. More agents are on their way to help families in the path of Hurricane Irma in Florida.

“Help us provide disaster relief to those impacted by Irma and Harvey.”

So far, we have seen a tremendous outpouring of love from our volunteers and donors. Rebuilding these areas is going to take more than a couple of weeks, so it’s important that we keep the energy going in the coming months as we help people get back to their normal lives.

As we work to rebuild these areas, we could use your help.

Please consider donating to our Red Relief program. Your contributions will help us supply food, water, clothing, and building supplies to these communities.

If you have any questions about KW Cares, the Red Relief program, and our ongoing disaster relief efforts, please don’t hesitate to reach out to us. We appreciate your support as we work to help others through this difficult time.

Where to Donate for Hurricane Harvey Relief

August 30th, 2017

            Buying a home? Search the local MLS

            Selling a home? Get a free home valuation

            Call me at (512) 616-4100 for a free home buying or selling consultation

           Check out our free mobile app

 

Hurricane Harvey has been absolutely devastating, having caused a massive amount of damage to businesses, homes, and the coast in general.

Thankfully, there are a few ways that you can help. First of all, making a donation is a fantastic, tangible way to make a difference.

There are many different organizations to which you can donate, but today I’ve compiled a list of just three that I believe to be highly beneficial. You can donate to the Red Cross by clicking here, Houston SPCA by clicking here, and our own Keller Williams Cares by clicking here.

“We are serious about helping those affected by the storm. “

We would also encourage you to consider making non-monetary donations, such as relief supplies, as well. These collections are being organized and managed by top professionals at Keller Williams who are serious about helping those affected by the storm.

Supplies can be dropped off at our office, which is located at 900 Quest Parkway in Cedar Park, Texas 78613.

A few of the items we’re encouraging as donations include: toothbrushes and toothpaste, bar soap, feminine hygiene products, baby wipes, diapers, formula, canned goods, and more. Cleaning supplies such as mops, safety glasses, bug repellant, sunscreen, gloves, and shovels are also encouraged.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Austin Market Update for July

July 27th, 2017

            Buying a home? Search the local MLS

            Selling a home? Get a free home valuation

            Call me at (512) 616-4100 for a free home buying or selling consultation

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We’re right in the middle of summer here in Austin, which means resale homes are at their highest inventory levels of the year. Peak inventory is always in July and August. What has happened so far this year, though?

We expected an appreciation rate of around 2% to 5%, but that didn’t happen. Appreciation was more like 4% to 9% this year. The higher appreciation means your taxes are going up, but it also means home values are going to keep climbing.

The rest of the market has been the same. The big story is that there is a huge shortfall in inventory of about 10% to 20%. The good news is that home builders have made up for that shortfall by building 10% to 20% more homes.

The only other minor difference is that sellers are willing to put their homes on the market in more of an “as-is” condition. As a result, homes are selling for a fraction of a percent less.

“There’s not a lot of inventory right now.”

Home sellers shouldn’t be worried, however. We can still help you win in this market.

The exciting thing about the end of the summer is that this is the time to buy. I always buy homes in September because the bargains are irresistible. If you’re looking to buy or invest in real estate, we would love to help.

If you have any questions for us or if you’re looking to buy or sell real estate some time this year, give me a call or send me an email. I would love to hear from you.

 

 

How Donna of The Bob Guest Team Helped Anastasia Move in a Time Crunch

June 22nd, 2017

“I planned on moving to Colorado, and while visiting there looking at houses, I realized I could not afford a nice house there. I had already sold my house in Texas, and from my Colorado hotel room I entered find a Texas Realtor in the browser and a representative from a company contacted me with Donna Garel’s name. Donna was available to show houses to me any day and any time, she knew I was in a time crunch to find a place. It seemed like I was her only client, and she was available to me whenever I needed her. I would definitely recommend Donna Garel to anyone I meet that is looking for real estate.”

-Anastasia

The Truth About How Disclosures Affect Your Home’s Value

June 20th, 2017

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Do inspections and disclosures really lower the value of your home?

A lot of home sellers out there certainly seem to think so. However, this isn’t true at all. That’s not how the value of a home is determined. A home’s value is determined by its size, location, upgrades, and the competition of the market itself.

” Never be afraid of an inspection or a disclosure.”

A disclosure actually increases the value of a house. For example, if your house had mold, buyers will be perfectly fine with that as long as it was taken care of. That kind of thing won’t affect your home’s value. In fact, it’s way better to disclose things up front and reveal that nothing is hidden. Buyers don’t want to be surprised by anything when they move in—they want to know about it now.

Due diligence is the key to success, so an accurate description of your house, its history, and the repairs you’ve made to it makes everyone feel much better about the transaction.

If you have any questions or you’re thinking of buying or selling a home in our market, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.

 

 

Common Sense Steps to Take When Negotiating Your Home Sale

June 7th, 2017

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There are some common sense steps to a negotiation that I don’t always see happening.

As I drive up and down the streets in Austin, it’s not uncommon that I see a house sell for $10,000, $20,000, or even $50,000 less than what the house is actually worth. I know that sometimes sellers are willing to take a lot less for their house, but it still hurts my heart a bit when I see those sellers getting less money than they should.

You need to have a good plan in place for your negotiations. You have to be careful and think things through.

For example, we know that Thursday is the best day to put your home on the market. Most buyers start to plan their weekend and look at homes online on Thursday and Friday. Then, they set up their showings with the Realtor. Your home needs to be on the market Thursday so that your listing shows up during the buyer’s research period. After all, you want to make sure that the most buyers possible see your house, and listing your home Thursday is the best way to do that.

Contrary to what you might believe, you don’t actually want to sell your house in one day, even if you get a great, full-priced offer. Why? Your house has not been fully exposed to the market in one day.

” Do not accept an offer the very first day that your home is on the market.”

So, list your home on Thursday and don’t accept any offers on Friday. The same goes for Saturday and Sunday. The lender won’t be there to take your calls, so you have no way to research those offers. Plus, you are just not in the right frame of mind to accept an offer on the weekend.

Stretch those offers through the weekend. As we mentioned, list your home on Thursday, have showings on Friday, Saturday, and Sunday, and then review any offers you have received by noon on Monday. At that point, ask the buyers to submit their highest and best offers. That way, all of your buyers get a fair shot. By end of business Tuesday, you are ready to accept an offer, and off you go.

In other words, using this strategy sets you up for successful negotiations in just seven days. That is truly the best way to accept an offer.

If you have any other questions about this strategy or would like to learn more about the home selling process, just give me a call or send me an email. I would be happy to help you!

 

 

The Most Important Thing to Know About Our Current Market

May 23rd, 2017

Buying a home? Click here to perform a full home search

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We are already heading into June and 2017 is almost half over. The big news in our marketplace is that inventory for resale homes is almost at a crisis level.

Inventory has been low the last three or four years but this year, inventory is crazy low.

The only thing that is saving us and keeping sales going is builder inventory in our area. There is a lot of competition for new construction for the first time in years, and builders are able to actually stock up a little bit. The majority of our sales right now are actually new construction.

That’s the big news in our market, so if you are thinking of selling your home, now is a great time to put it on the market. After all, there is almost no competition on the resale market!

“The only thing saving us right now is new construction.”

As a homebuyer, it’s a little tough out there. The only thing you can really buy now is new construction.

Despite this low inventory, price increases aren’t as high as we thought they would be, which is good news for buyers.

If you have any questions about navigating our current market or if you are interested in selling your home, just give me a call or send me an email. I would be happy to help you!

 

How to Contest Your Property Taxes Effectively

April 24th, 2017

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With tax season here we thought it might be a good opportunity to give you some valuable tax advice. In Williamson and Travis Counties here in Austin, it’s estimated that between 50 to 60% of properties were appraised at higher values than they were actually worth. 

The problem with tax appraisers assigning values to homes is that they cannot go inside and look at your home, so they’re not seeing the entire picture. This is why a tax appraisal is often incorrect.5.9

When you go to your county assessor’s office to contest the value of your home, you will need to know what your home is actually worth and also what the size of your house is. If you still have your lender’s appraisal that will tell you your square footage and it will also give you a good ballpark value of what your home might be worth. You can also contact me for comparable sales data, which could prove very helpful.

Now, when you go to the assessor’s office you have to remember to be extra polite. You will meet with an appraisal expert and he will look at your list of comparable sales and then compare them to the county’s list of comparable sales and decide if an adjustment may be made.

I have even prepared a script of what you can say:

“I appreciate your time and I know that your goal is to appraise properties fairly, and that’s my goal as well. Here are my comparable sales. Based on these sales my house should be priced at X______. What do you feel about that?  How close can you get me to my goal of X______?  Can you get me a little closer, please? Thank you so much for your time and I appreciate your help.” 

After the assessor looks through the comparable numbers, they generally have the power to change the value by 10 to 20%. The key here is to be polite, and not to fight with the assessors because that will not get you any further.

We’re always happy to help you, so please feel free to contact us with any of your issues.