7004 W. Magic Mountain, Round Rock, TX VIDEO TOUR

Online Videos by Veoh.com

Seller's First Step

The first steps finding the right selling price of the home. Many times in today’s world Sellers just want to sell to “have a change”. Finding the right price range your home could sell for is an important first step whether you are moving cuz you want to or because you have to.

If you have to move, it’s good to plan on your future move especially because it may define if you’ll have extra cash, or you’ll have to pay to sell your home. (That’s right, some areas just don’t appreciate in value, and some even depreciate)

If you want to move, then you may decide other options if there isn’t enough profit in the home. Or you may rent out your home and move anyway. Either way, you’ll be more prepared to make your next move if you know at what price you could sell your home!

To have a home evaluation done, often called Market Analysis or Comps (for Comparable Homes Sold), click on Austin Market Analysis or contact one of RRR Agents!

RRR Steps to SELL

1) Find PRICE

- Find out what similar homes to yours are selling for and in what condition. I’ve seen homes that are selling for much lower than I thought they would sell for only to find out that the kitchens look like they haven’t changed anything since 1970. When I find a few homes that have updated kitchens the houses sold for much more!

2) Prepare your home’s condition to SELL

- Even if your home is in the condition it needs to be in, or you can’t afford to do much upgrades, at minimum CLEAN & ORGANIZE. Clutter and dirt can scare off the potential buyer of your home.

3) Find out what you owe on your Mortgage (if you have one)

- This can help you and one of RRR Agents help you figure out what your NET will be after the Sale. It is also good to arrange any HOA documents, Surveys, Taxes, & a list of Utility companies for the future buyer.

4) Arrange how you will make the house accessible for showings.

- Have a plan on how to handle phone calls to make sure you don’t miss any, and how you will pass the time while the home is being showed. It’s customary in Central TX for homeowners to be away from the home while it’s being showed. It allows the buyer more freedom to ask the agent questions, also, it’s “technically” not legal for the Buying Agent to discuss the home with the Seller directly but only through their agent. Sellers being away from the home helps prevent potentially sticky messes. You wouldn’t want your REALTOR® to be sticky!

5) Have a plan on where to move in case an offer comes in quickly or…not.

- I’ve seen listings that sell literally HOURS after being on the market, and the buyer needs to move in a week! WHOA! Talk about pressure. I’ve seen this exact scenario, and I’ve seen a Seller too surprised by this scenario and have to tell the buyer that they couldn’t move out that fast, only to have their home sit on the market for nearly 6 more months before receiving another offer!

I’ve also seen Seller’s expecting a quick sell that went and bought their next home only to end up with TWO MORTGAGES! Youch!

6) After an Offer is Accepted work with the TITLE Company, & Prepare

- The Title Company may need a Survey from you, and they may need some additional information. The faster you can get this information to them, the faster we will be prepared to close!

- As the closing approaches, it’s important to start packing, lining up movers and get the house good and clean!

7) Closing

- The Title Company will give you a HUD-1 Statement prior to close which should give you the breakdown of all the fees associated with the close and spell out the Net to you after the Sale.

Open Houses

Whenever my father was in the corporate world, he used to enjoy visiting open houses when he moved into new areas as a way of checking out what home styles were like and get a feel for neighborhoods. In fact he just liked doing that even growing up, just to see what decorating trends were going on in Model Homes, and to…well, be nosy!

My dad sometimes found the eventual real estate agent that would represent him, by going through Open Houses! Great huh! Oh, you want to know how many homes he bought off of open houses. Um, well, none…but that’s just him, right?

Wrong. The truth is there are some people who find their home by visiting open houses, but a trade secret amongst REALTORS® is this: You may sell the home by holding an open house, but you will more likely find a client. With the advent of the internet we’ve seen a steady decline of Open House “shoppers” and even more “nosy neighbors” (no offense to nosy neighbors) as serious shoppers are now turning to the Internet & Virtual Tours to “check out” areas & homes. Hey! Saves gas right!

I’m not going to say that an Open House won’t help the sale of your home, because there are still many people that will buy a home through Open Houses, but real estate agents have found that having an Open House NEIGHBORHOOD corroboration to be a bit more effective. It’s much like the Model Home street of a new subdivision. You get a flood of people and hope that someone(s) fall in love with the home and make an offer.

Open Houses by themselves are good for when the property first comes on the market because it’s fresh and new and lots of people do want to see it, and who knows maybe a “nosy neighbor” may have a relative looking for your home!