Kopa Real Estate Blog

How To Attract The Emotional Buyer

If you ask me why so many home sellers hire us when they decided to sell my answer would be simple. When it comes to selling your home the price you receive comes down to whether or not you are trying to attract a buyer buying based on emotion or based on logic.

The buyer buying based on emotion will always pay the most for your home. What we have done is come up with a repeatable and market proven system to attract and appeal to the emotional buyers in our area.

Sellers who understand the difference have great success. Sellers who try to use logic often wind up frustrated because the real estate market and buyers don’t react the way a logical mind hopes.

One of the many ways we add value to our

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The first week of January I went to Orlando for a marketing conference. On the flight home the passenger next to me was saying he expected 2020 to be a great year. He said all the economic trends were going to keep getting better and better. I agreed but also mentioned the problem with trends is they tend to continue until something unexpected happens.

Of course, if I truly had any idea what was going to happen I would have been able to capitalize on it and I would be writing this from my own private Caribbean island. If we have learned anything in the first 6 months it is that our crystal balls are usually a little bit fuzzier than we would like.

Some of the things we have learned this year are…

  • Our real estate market is resilient. Our
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Kopa Real Estate does not have any details for 2020. For more information contact gethelp@averyranchhoa.com.

Join us on Sunday, July 3, 2019 for the Avery Ranch Annual Independence Day Celebration.

The fireworks show originates from the golf course at 10500 Avery Club Dr Austin, TX 78717 starting around 9:00 PM. The fireworks show typically lasts 20-25 minutes.

Avery Ranch #1 Listing Agent

 

The best location to view the Avery Ranch Fireworks show is from the Avery Ranch Main Amenity Center (the large pool in the Morningside section of the neighborhood) located at 10121 Morgan Creek Dr (corner of Avery Ranch Blvd and Morgan Creek Dr).

The fireworks can be seen from inside the pool area or from the surrounding park.

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Almost every day someone calls me to ask about the market. They tell me they’ve been planning to relocate for a new job, move up to a bigger home or even downsize. Usually the conversation starts with “Am I crazy to even think about selling my home right now?”

Most people are shocked when I say “Would you believe we are in a stronger seller’s market than we were a year ago?” The overall statistics for April and May are ugly. That’s in the past as sellers removed their homes from the market and buyers cancelled contracts. These charts show the supply and demand statistics demonstrating fewer active listings and more homes under contract compared to the same weekly figures from one year ago. If you want to gauge where the market is going you

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Most of our friends and clients are pretty savvy and can sniff out when something sounds too good to be true. When a friend saw another Realtor’s advertisement guaranteeing multiple offers, he asked me how someone can do that and what’s the catch?

When you hear someone say they will get you multiple offers you probably imagine that means your home will sell for over asking price. What would you think if it really means you will get multiple low-ball offers below market value? I can’t tell what you would think, but when I explained what is really going to happen my friend felt like the advertising is misleading.

Guaranteeing multiple offers is pretty easy. In fact, any Realtor can guarantee you multiple offers.

Here’s how it works…

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In April, we saw the number of sales decline by 90 from last year. That’s about what we’d expect to see during a pandemic. With 123 homes pending as of 5/1 things should start looking better going forward. 123 homes pending with only 88 homes active means we still have a strong seller’s market. However, we are seeing homes that are not selling. Although we are optimistic, we have definitely entered a more professional market and who you hire to sell your home does matter. In April the lowest priced home was in Cedar Park Town Center and the highest priced home was a 5,451 SF home on 4 acres located between Vista Ridge and 183A.

As always, we're always ready to work for you and your family. Whenever you are ready to talk about your home

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In mid-March the entire market freaked out. Buyers cancelled contracts and lenders changed underwriting guidelines. We recommended several of our owner-occupied listings take their houses off the market temporarily. I had been tracking the rolling 7-day average of homes going under contract to gauge the direction of the market. To give you an idea of how bad a shock we went through and how fast it happened here are the number of homes that went under contract in the entire Austin MLS the previous 7 days…

That was a huge drop and we’ve almost recovered. We are still off from this time last year by but transactions happen every day and things are heating up.

Despite the overall number of houses selling being down, we are not

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When you hire a real estate agent to sell your home you have every right to expect the brokerage the agent works for has your best interests in mind at all times. How will you feel when you find out that might not be true? 

It’s basic Economics 101 that you will receive the best price for your home by advertising it with the widest net. You want to advertise your home to all the real estate agents in your area and as many buyers as possible who are in the market for a home like yours.

What if I told you we are hearing about more and more real estate brokerages that are trying to sell their listings by only advertising them to the agents that work for that specific office?

Why would they do that?

In some instances, it’s because a

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Should you buy or sell a home in today's market? Realtors sometimes have a bad habit of always saying it's a great time to buy or sell. The truth is it depends on your particular situation, the house you are buying or selling, the sub-market of the house and the buyer profile for the house.

As always if you have a question call/text Eric at 512-791-7473  or email eric@koparealestate.com.

 

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Many homeowners will be facing a financial burden due to Coronavirus and if it is affecting your ability to pay your mortgage you may have more options than you think. As of the writing of this message there has not been any uniform relief among all lenders. There are several proposals but none have been agreed to. Information is coming out quickly and things are changing every day. 

#1 Things You Should Do

The most important thing you should do is not bury your head in the sand, don’t run and hide and don’t ignore calls and letters from your mortgage company.

Do You Need To Be Behind On Payments?

Even if you haven’t missed a mortgage payment yet the best thing you can do is pick up the phone or go online to your mortgage

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