Buyers Information

Found 110 blog entries about Buyers Information.

 

Selling your home isn’t like selling a toaster on Craigslist or selling your car at the CVS parking lot. There is often a misunderstanding of what as As Is contract means.

I had a client whose AC wasn’t working when the buyer performed their inspection. When the HVAC tech arrived at the property, he told my client she didn’t have to repair the AC because real estate contracts are As Is.

Technically the tech is correct but there is a big difference between what happens after going under contract on your home with an As Is contract and how things play out in the end. 

When a buyer makes an offer for your home they will check off if the contract is As Is or if the buyer is requesting any specific repairs and treatments. By far the

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Can You Sell Your Home In The Fall? You Can This Year!

Every year I keep track of trends and make notes to avoid making the same mistakes again. Last year I made a note that sellers needed to have their homes priced to sell by the end of July. Even though our market isn’t as seasonal as you might expect we can’t blame buyers for wanting to take a break and get out for a last summer vacation when it’s 105 degrees.

This year has been different. We have never seen the amount of traffic at our listings, the number of buyers visiting open houses and the offers from motivated buyers in Augusts as we did this year. Perhaps it’s simply supply and demand or buyers are motivated by the drop in interest rates this year. Whatever the reason, based on the

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Every year I keep track of trends and make notes to avoid making the same mistakes again. Last year I made a note that sellers needed to have their homes priced to sell by the end of July. Even though our market isn’t as seasonal as you might expect we can’t blame buyers for wanting to take a break and get out for a last summer vacation when it’s 105 degrees.

This year has been different. We have never seen the amount of traffic at our listings, the number of buyers visiting open houses and the offers from motivated buyers in Augusts as we did this year. Perhaps it’s simply supply and demand or buyers are motivated by the drop in interest rates this year. Whatever the reason, based on the number of buyers and agents calling us to ask about coming soon

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When the owners of 15909 Dink Pearson Ln called us they were concerned about the price we could get for their home because there had been several recent sales nearby for much lower prices. Because home prices in our area can vary based on unique criteria of each home it is important when pricing your home you work with a Realtor who has experience selling homes here. Everyone has access to data but there is a huge difference between data and knowledge.

After reviewing the market and what our experience told us about the market the owners trusted our suggested list price. The owners also believed in our proven marketing system that exposes our listings to the maximum number of buyers. Our marketing system gives us the best chance to

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AUSTIN, TX–As single-family home sales continue to rise, another record-breaking year is expected for the Austin-area housing market, according to the latest monthly report from the Austin Board of REALTORS®. The November 2018 Central Texas Housing Market Report released today suggests another strong showing for the region.

"Sales are up 3.3 percent year-to-date for 2018,” Steve Crorey, president of the Austin Board of REALTORS®, said. “Pending sales volume in December, the Central Texas housing market is on track to have one of the highest-grossing years on record."

Austin-Round Rock MSA

In the Austin-Round Rock Metropolitan Statistical Area (MSA), sales volume slightly increased 0.7 percent year over year from 2,185 sales in November 2017

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The next Bulk Collection in Avery Ranch begins on August 27. Check out the postcard to see what items can be picked up.

Client Testimonial

“Kopa Real Estate did an amazing job of marketing my home in Avery Ranch. If you are thinking about buying or selling in Avery, don't spend anymore time looking--call Eric. Unlike some other realtors I've worked with in the past, they understand how to market a house. While other homes are still for sale that were put up before mine, mine sold in days with 5 offers. They know how to create demand. HIGHLY recommend Kopa Real Estate. ” - Paul

 

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Whenever I look at the real estate market statistics I like to pick out a few interesting things you might not know simply by looking at the numbers.

It is often difficult for me to explain how dollars per square foot works when trying to price real estate. Sometimes homeowners with beautiful homes will want to take the average $/SF and multiply that by the size of their home and then add their upgrades. In reality, when using the $/SF statistic for all of Austin, the numbers will skew more based on size than condition of the home.

A great example of this is the home in Austin that sold for the highest $/SF was also the smallest home and the home that sold for the lowest price. It is counterintuitive that your home which is likely much nicer and

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YES, an open house will help sell your home. 72% of our homes have sold to a buyer who visited an open house.

Sometimes that means a buyer who visits the home only during the open house. It can also mean someone who came to view your home with their agent and wants to come back for a 2nd look. Other times a buyer attends an open house and then wants to come back with their agent.

One of the many things that make Austin real estate different from other areas is half the buyers are not committed to working with a real estate agent until the find a home they want to buy. If you don’t have an open house you are missing out on half the buyers in the area. Not having an open house means not fully exposing your home to the market.

Because we have

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The 2018 HBA Housing Forecast provided US and global economic statistics and outlooks from UT Economist Dr. Greg Hallman, local economic factors and forecasts on housing from 360 Analytics’ Eldon Rude, and insight into the constantly evolving consumer from Kantar Future’s Lindsay Kunkle. Below are some takeaways from the conference, held at the AT&T Center on the UT campus on January 31, 2018.

Global and US Economy
Dr. Greg Hallman gave some statistics of what overall seems to be a healthy economy that is back to “full potential.” He predicts GDP growth of 2.5-3% in 2018 as we continue this long (101 month) period of expansion. That optimism is provided by the low unemployment rate across all levels of education, wage growth (although slow is outpacing

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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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