Kopa Real Estate Blog - teravista real estate

Success Story – 15804 Dink Pearson Ln

If you listen to the media or friends your impression of the real estate market is that every home will sell no matter what you do. You’d also think your home will sell for the same price regardless of the condition, marketing or Broker you hire. These are some of the biggest lies in real estate today. Sometimes I think people believe the government is putting a limit on their home and you’re only allowed to sell it for $600,000 regardless of what they do.

I sold the home next to 15804 Dink Pearson last year. The owners of that home had hired another agent to sell their home but it didn’t sell. After…

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Do You Need To Update Your Home Before Selling?

Someone asked this in our neighborhood Facebook group and it’s a great question. The short answer is no…you don’t need to do any updating to your home to get it sold. The market is good enough to sell your home in any condition. In fact, if your home is in poor condition there has never been a better time to sell it As-Is than today.

On the other hand, if you are trying to sell for the most money that isn’t really the question you should be asking. What you should be asking is what make-ready can you do to get the best ROI and sell your home for the highest price possible.

What do I do when I sell my personal homes? Here’s the 4-part process I think about before doing any make-ready.

Buyer Profile

The first thing I think about before…

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Kopa Success Story: 10721 Rathdowney

The first time I met the owner of 10721 Rathdowney was at the end of March. We stood on his back patio and he was so nervous he couldn’t stop shaking. He had lost his job in Dallas and the tenants he had at this rental property here had trashed the house. He didn’t know what to do and didn’t know who could help.

He needed the money but he didn’t know how to get the tenants to move out and he didn’t know how to sell the house without selling for a low-ball price that he was offered by an investor. Fortunately, he called us before it was too late.

The first thing we did was put a plan together. With our help he negotiated with the tenants so they would vacate the home within 15 days. During that time, we helped the owner get contractors…

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Our Commitment To Fair Housing

Would you believe through July we have had clients who were born in 14 different countries? We’ve also had clients from just about every race, creed, color and family unit you can imagine. Sometimes I say only the deli outside the UN has a more diverse clientele than we do.

With everything going on right now attention within the real estate industry is being paid to fair housing. That’s good because historically housing has been one of the worst areas of discrimination in America.

We want you to know whoever you are and wherever you came from Kopa Real Estate is ready to help you! It’s the right thing to do, it’s good business and if you are selling your home it will make you money.

The reason I say it will make you money is when…

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Why Some Sellers Sell Their Home For More Money

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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How Can A Realtor Guarantee You Multiple Offers?

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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Do You Have To Sell Your Home At A Discount Due To Covid-19?

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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How Some Big Real Estate Brokerages Are Conspiring Against Home Sellers

 
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 In Today's Market?

 
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.

Have a Question?

Contact Us Now!

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What To Do If You Can’t Make Your Mortgage Payment Due To Coronavirus

 
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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