Buying

If you want to discuss buying with me, it’s pretty easy to get started, just drop me a quick note here. My preference is to start off with a visit to make sure we are a good fit and that I’m able to help you. If you’re here in Austin maybe coffee, cookies or lunch? Can’t wait to meet you! What’s your schedule look like?

If are a fit, we will get you out in the field looking at homes pretty fast. We like to focus on educating you to the market first. We do that by showing lot’s of homes. We show homes a little differently than others – you might click here to learn about speed dating for homes
For referrals check out these helpful buyer links

Finding the sellers sweet spot…

 

I was discussing with a seller the relationship between days on market and a home’s ultimate sold price, and talking about how long a home should be on the market before accepting an offer.  The conversation prompted a theory, so I did a small study.
I looked at a 90-day history of homes that went pending within 10 days of being on the market in Allandale, Brentwood, Crestview and Hyde Park. Here’s what I learned:

FOR SELLERS:

On average sellers made the most money from the sell of their homes at 2-4 days on market. Oddly, the top 3 sales over list price fell just outside that window. My conclusion is that having a process to work multiple offers is good, but being flexible is important too.

FOR BUYERS;

What I found for buyers is less conclusive, but should offer some clues if you are competing in a multiple offer situation in these neighborhoods. While I know what the sold price was for all these homes, I don’t know what sort of negotiations occurred after inspections. That can change things…

Even so, I determined that the top sale was almost 10% over list price, and there were lot’s of sales that were 4-5% over, many that closed at list price, and a few that closed below.

The ones that sold for the least either went under contract right away or around day 6. That means — when possible secure your home quickly, and if you get in a multiple offer situation and you really want the home 5-10% would put you in the top tier of offers.

I hope that helps you or any friends you might have who are thinking about buying and selling. I love this stuff, and I love serving clients. If you know of someone who could use our service – please connect them to us. It would be an honor to help out.

The raw data is below – remember this is just a small sampling and a snapshot in time.

Cheers,

 

 

Central Austin Sellers Sweet Spot

 

 

Gosh, I love this Central Austin Home!

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What’s a Market Snapshot?

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8 Central Austin homes under 650k

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  We just listed this great house. Classic Hyde Park Bungalow! Long Leaf pine floors, high ceilings, original built in book shelves around the fire place and original french doors.  Huge front porch that is just begging for a porch swing or two! Kitchen is big enough for a kitchen table. Original details through out house. About 1350…

3 good homes under 300k in North Central Austin

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