Every year in January buyers will tell us they are not in a hurry and will wait for their lease to expire later in the year.

 

This strategy will be a mistake this year for 2 reasons.

#1 – Rising Interest Rates

Interest rates are up almost .5% since January 1. Last week I attended a presentation from an economist who predicts interest rates may be over 5% later in the year.

#2 – More Homes Will Be For Sale Earlier This Year

Smart sellers are watching what’s happening with interest rates and are pushing up the date to list their homes. A real estate rule of thumb especially for larger homes has been to list after spring break. This year we are seeing more larger homes listed in January and February.

What that means is if you are…

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How To Sell Your Home With Less Stress & For Top Dollar In 2018

Attend our FREE Home Selling Seminar to help you get the most money and get your home sold fast.

In only 1 hour learn tips from the top Real Estate Broker in the Austin area. Learn inside secrets from a real estate broker who specializes in selling homes in your area so you can sell your home fast, easy and put more money in your pocket. Reserve your seat and learn:

  • How to buy and sell without having to move twice.
  • How to defend against the negotiating tactics used by buyers in our area.
  • How to prepare your home to attract the most buyers and get the best price.
  • How to price your home so you don't leave money on the table.

Saturday, April 7th
10 AM – 11:00 AM

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Using dollars per square feet ($/SF) may be the most misunderstood area of real estate. It’s not unusual for me to meet with a client and have them say something like “My neighbor’s home is 1,800 square feet and it sold for $310,000. My home is 3,600 square feet so it’s worth $620,000.”

But, that’s not how real estate works. In general a smaller home will sell for a higher $/SF. I’ve always had a hard time explaining that until I was meeting with a couple at the neighborhood coffee shop.



We each had a different size cup of coffee and each cup had a different price. You can see the smallest cup of coffee cost $.32 per ounce. The last 4 ounces for the largest cup only cost $.12 per ounce. The larger the cup of coffee the lower the cost per ounce.

The same…

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Smart home sellers try to maximize every dollar they can out of their home when it’s time to sell. Conventional wisdom says you will get the highest price for your home in the spring/summer market compared to other times of the year. Many home sellers hope there is a magic day to list where their home will be worth an extra $20,000 than it was the day before. However, the real estate market in the Austin area isn’t as seasonal as you may expect.

As evidence we sold the highest priced home this year in 2 different neighborhoods in November and December. Both were large 5 bedroom homes, the type of homes conventional wisdom would say can only be sold in the spring/summer market.

There is also a belief that there is a huge influx of relocation buyers in the…

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If your home is staged it will sell faster and for more money.  Here are 3 reasons why home staging is important to get your home Sold Fast!

1. Prevents Low Ball Offers

If your home is vacant buyers will think you are desperate and submit low ball offers. Having your home staged will make buyers believe you have the financial ability to wait for a great offer.

2. Most Buyers Have No Creativity 

Only 10% of homebuyers can visualize your home other than the day they visit. If your home is vacant, buyers won't become emotionally attached. Which home would you fall in love with? Do you want buyers to picture living in a happy house or a home that's empty and boring?

Before Staging


After Staging

3. Funky Floor Plans

Sometimes we show a home…

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Austin has seen excellent price appreciation over the last few years. As a result many homeowners have decided to move up to a larger home and lease their current home. Before making that decision it’s good to have an understanding of what it costs to rent a home so you can make an informed decision about your property.

Renting a home is more than just multiplying the expected rent by 12 months. Here are some of the expenses you may incur if you decide to rent your home.

As always you should consult with your own tax and financial advisors. 

Opportunity Cost 

Perhaps the biggest expense of leasing your home isn’t something you have considered. Opportunity cost means by making one choice you can’t do something else. Not selling your home means…

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Single-family home sales declined across most of the Austin-Round Rock Metropolitan Statistical Area (MSA) in September, while inventory levels continued to increase, according to the September 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­® commented, “Despite last month’s dip in home sales activity, it’s important to remember that we’re comparing our current figures to the record-breaking housing market activity in 2016 and it’s not necessarily indicative of a downturn.”

Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®, agreed: “Austin has had one of the fastest job growth…

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Nessy is 7 years and 3 months, white/chocolate mixed breed, and weighs 95 lbs. She’s a big gal and needs the room to spread out on a comfy bed, and of course in your heart. Her size may be intimidating but she’s sweet as a dog can be. Nessy enjoys playing in the back yard, belly rubs, and pool time.

Nessy is currently available to adopt at the Texas Humane Heroes in Leander, TX.

Leander Adoption Center
10930 E. Crystal Falls Parkway Leander, Texas 78641
(512) 260-3602
https://humaneheroes.org/

If you are interested in adopting Nessy, Kopa Real Estate will pay for the adoption fees with an approved application.  Call (512) 791-7473 for more information.

Have a Question?

Contact Us Now!

*Your information will never be shared with any…

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When is the next Avery Ranch Garage Sale?

The next Avery Ranch garage sale is scheduled for Saturdays, May 18th and September 28th, 2019 from 7 AM to 1 PM. In our experience you’d better get there early to find the best deals. Although there are individuals who hold garage sales throughout the year this is an organized event with around 100 homes expected to participate.

With almost 4,000 homes in the neighborhood the semi-annual Avery Ranch neighborhood garage sale is a great place to buy and sell items. Whether you need to do some spring-cleaning or need to buy lightly used baby toys this is the day to do it.

Client Testimonial

“Kopa Real Estate did an amazing job of marketing my home in Avery Ranch. If you are thinking about buying…

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One of the neighborhood events I look forward to is the semi-annual Avery Ranch garage sale. This event happens in both the spring and the fall. The Late Summer 2019 Avery Ranch garage sale will take place on Saturdays, May 18th and September 28th, 2019 from 7AM-1PM.

With almost 4,000 homes in the neighborhood there will be plenty of homes selling items. This is a great opportunity to find clothes, toys, bikes and furniture.

If you are having a garage sale at your home feel free to leave your address and a list of items you are selling in the comment section below.

One piece of advice is to get started early. Cars will be lined up at 7AM and the great items will sell right away.

We are Avery Ranch homeowners and real estate experts. If you…

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