Adjusting the Price of Your Austin Home

 

Selling in the Austin area?  Get a market analysis report

 Purchasing in the Austin area? Get full MLS access

Your home is on the market. How do we know when to adjust the price to attract more people to the property and get your home sold?

First of all, some people might wonder why they need to adjust the price at all if the home was priced accurately when it first hit the market. Our goal is to price our listings at a very effective price to get as much attention as possible. Sometimes, however, we get feedback from the market that tells us differently.

We are proactive about listening to that feedback and letting you know when the market tells us that your home is not priced correctly. That way, we can be proactive about making that price adjustment to get your home sold.

"We want to be proactive about your home value."

So, how long is a home left on the market before adjusting the price? From the very beginning, we will talk about the possibilities of adjusting the price. We look at market trends every day, and each week we will give you an update on whether or not you should change the price. Again, we want to be proactive about getting feedback from the market so we understand what the home is worth.

As your real estate agent, there are many factors we consider before suggesting a price adjustment. We pay attention to similar homes in your neighborhood. Every day, we assess how your home stacks up against the competition. We pay attention to what comes on and goes off the market so that we know what price adjustment we need to make to attract a new audience, as well as bring back the people who have seen your home already.

If you have any questions, give us a call or send us an email. We would be happy to help you!

Why We Work to Sell Your Home in Fewer Than 30 Days

Selling in the Austin area?  Get a market analysis report

 Purchasing in the Austin area? Get full MLS access

I get many questions about days on market, or the amount of time a home should be on the market before it sells. I thought I would answer some of the most common ones today.

What’s a good number of days on market?

Our goal is to get your home sold in 30 days or fewer. Sometimes the market doesn’t allow for that, as it depends on supply and demand. Statistics show that selling in fewer than 30 days will net you the most amount of money.

"Our goal is to sell your home in fewer than 30 days."

Why do the days on market fluctuate?

Basically, that’s due to supply and demand. If there are a lot of homes on the market, the days on market typically go up. How can you remedy that? It’s all about pricing your home right for the current market.

Is it possible to beat the average?

Absolutely. At any time, in any market, you can beat the average. It’s all about pricing your home correctly and making sure it is in good condition for the market.

On our team, it is our absolute goal to get your home sold quickly and for as much money as possible. We work hard to get that done in 30 days or fewer. Because we are always proactively watching the current market, we will bring you multiple contracts to choose from in order to net you the most potential money.

If you have any questions, just give me a call or send me an email. I would be happy to help you!

How to Win a Bidding War in Austin

Selling in the Austin area?  Get a market analysis report

 Purchasing in the Austin area? Get full MLS access

The real estate market in Austin is hot right now. Almost every single home is selling with multiple offers, and our buyer clients are sometimes having an extremely tough time finding a property. However, this doesn’t mean that it’s impossible. 

If you’re trying to buy a home, don’t wait to make an offer. We will put our best foot forward and write you the best price. We can make your offer stand out by doing a few different things:

1. You must be pre-approved with a local lender. Sellers will not even look at your offer if you aren’t pre-approved by a mortgage lender.
2. Your financing will play a role in your offer too. Cash is always the best, but if you’re pre-approved, you’re not far off from a cash buyer. If you’re using financing, sellers like to see conventional financing with at least 20% down.
3. Having your paperwork in order is important, too. Being organized and able to respond to questions and inquiries will impress the seller. It shows that you’re serious about buying a home.
4. Writing a personal letter to the seller can help put a face to your name. Explain why you and your family need the home, and this will help to make more of an emotional appeal to the seller. They will be more comfortable selling you the home when they know that it will be well taken care of.

These are just a few of the things that we can do in order to get your offer accepted by a seller. If you’d like to learn about more strategies, then please don’t hesitate to contact me!