Exclusive Tips for Buying or Selling in Austin this Month

With the warmer Austin weather comes an even warmer market. Q2
is starting off strong and as your local experts we are guiding you through the
ins and outs of real estate this month. We’ve already talked shop about current
market conditions and why you should not sleep on buying and selling this
season (read our post here), and now we are unlocking the secrets to maximizing
your success this spring.

Buyers:

1)   
Position yourself to be able to act fast. Even in a stabilized market, the great properties (listed at a great
price), always go fast and usually have multiple offers. Despite
inventory being healthy, you still don’t want to miss out on your dream home
that ticks a majority of your boxes. Have your pre-approval updated, study your
neighborhood sales and listings, and make sure your agent is on the lookout for
off-market inventory.

2)   
Consider the resale value of the home when
making offers and what future buyers will be looking for when you go to sell
the home. Here are some forward-looking trends buyers are continuing to
prioritize.

a.    
Outdoor Living Spaces: More people are prioritizing
outdoor living - homes featuring spacious yards, patios, decks and pools (or
space for one) are in high demand. Don't overlook the potential of these areas
when considering a property.

b.    
Energy Efficiency: Spring is a great time to
evaluate a home's energy efficiency. Look for properties with features like
solar panels, smart thermostats, and energy-efficient appliances, which can
save on utility bills and reduce your carbon footprint.

c.    
Work-from-Home Spaces: As remote work remains prominent,
dedicated home offices and versatile spaces that can be used for work or
leisure are becoming a need not a want.

Sellers:

1)   
Spring Cleaning! The easiest (and cheapest)
upgrade you can make to your home is to declutter! We recommend 2-3 rounds of
decluttering your home before listing.

2)   
Price
your property competitively. This is especially important in a busy spring
market. The first few weeks of your home on the market are the most crucial for
buyer perception on your home. Simply put, people don’t want what other people
don’t want. Avoid your home from becoming stale by working with an experienced
agent who will give you both an honest valuation and one that will maximize
your profits.

3)   
Don’t
just focus on indoor staging – focus on outdoor staging! Take advantage of
the spring temperatures to entice buyers with the potential of outdoor living
your home has to offer. No matter how big or small your yard is, help buyers
see how they can enjoy every inch of it. Don’t underestimate the powers of a whimsical
garden, an outdoor rug, couch/dining, and fun seating to spruce up any patio.

We hope these tips help you make the most out of this spring
market! Wishing you a vibrant and prosperous April with all your real estate
endeavors!