Thursday, May 24, 2012
Open House - Fabulous Georgetown Condo - 5/26/12 from Noon to 2pm
Please visit our open house at this beautiful Georgetown condo this Saturday, 5/26, from noon to 2pm. Beautiful Mediterranean-style condo with open floor plan, soaring ceilings and tall windows with abundant natural lighting. The home boasts a warm interior with ample upgrades, including built-ins, a wood-burning fireplace, huge closets, custom cabinetry, stainless steel appliances & granite counters in the gourmet kitchen, master bath steam shower, travertine floors & more! Enjoy a tranquil view from a spacious terrace overlooking nature preserve and the quiet of no upstairs neighbors. Centrally located.
Wednesday, May 2, 2012
Beautiful Lakeway Home on Generous Lot - Incredible Views, Great Outdoor Living Space & 2nd Master - Priced Below Lakeway Average!
Wednesday, July 20, 2011
America's Ugliest Homes
http://bit.ly/pDcDeW
One of our favorite things to do is to help investors renovate ugly homes and turn them into great havens for renters (or for themselves!) or flip them for a profit. HomeVestors, which buys beat-up homes, fixes them up and resells them, is looking for the nation's ugliest home. Check out the link to see the 6 candidates for them on CNNMoney.com.
We have never seen a kitchen in this level of squalor, but we've seen some pretty interesting things. After wading through left-over beverages and appetizers in a gorgeous downtown Austin condo after New Year's Eve, to tiptoeing around holes in floorboards in East Austin rehabs, to counting dead frogs in an abandoned swimming pool, nothing surprises us anymore. And there's nothing more fun than finding one of these abandoned and forsaken houses and envisioning it renovated to a new level of splendor.
If you are looking for a a great deal on a home in Austin for yourself or a turnkey investment property (either a hold and cashflow model, or a flipping model), we can help you find both the "ugly homes" in need of TLC as well as gorgeous move-in ready homes that just happen to be priced at a ridiculously low percentage of their tax values. Our recommended subcontractors will fix them up and our property management partner will take care of the hassles of renting them out if you're not ready to move straight in yourself.
See our latest deal sheet at http://www.austinresidentialproperties.com/AustinRealEstateDeals.html and reach out if you are in the market for a fantastic Austin real estate deal!
Saturday, April 16, 2011
Austin Real Estate Flat Fee MLS Listing Service and For Sale by Owner (FSBO) Support Program
Today, Austin Residential Properties launched a highly competitive flat-fee MLS listing service (starting at $299) and For Sale by Owner Plus (FSBO+) Program to help homeowners sell their homes more cost-effectively than by traditional means, which typically costs homeowners up to 6% of the sales price in agent commissions.
According to the National Association of Realtors, 89% of people use the internet to find a home, 38% of home buyers first learned about the house they bought from the internet, and the internet is the highest-used method for locating a home (higher even than contacting a real estate agent). Therefore, developing a strong presence for your home on the internet is a key driver for maximizing the exposure of your home to potential buyers.
"Although buyers also use other resources, they generally start the search process online and then contact an agent..." (NAR)
Why list with Austin Residential Properties instead of one of the many other flat-fee listing services?
According to the National Association of Realtors, 89% of people use the internet to find a home, 38% of home buyers first learned about the house they bought from the internet, and the internet is the highest-used method for locating a home (higher even than contacting a real estate agent). Therefore, developing a strong presence for your home on the internet is a key driver for maximizing the exposure of your home to potential buyers.
"Although buyers also use other resources, they generally start the search process online and then contact an agent..." (NAR)
Since only 11% of home buyers find a home from driving by a house or attending an open house, home sellers are increasingly relying on the internet to help buyers find and fall in love with their properties. If the internet is such an important sales driver, and owners are willing to provide some simple on-site sales support, it becomes rather difficult to justify paying agents 6% in commissions to sell your house.
That's where the flat-fee listing service from Austin Residential Properties comes into play. For a nominal fee of $299, we'll list your home in the Multiple Listing Service (MLS), on Austin Home Search, and on Realtor.com.
59% of home buyers who search online utilize the local MLS service, but the other almost 30% use other online real estate sites like Zillow and Trulia. For $100 more, we'll maximize discoverability of your home on more than a dozen additional leading real estate online search and social media sites, including Yahoo! Real Estate, Zillow, Trulia, Postlets, Oodle, Hotpads, Front Door, Backpage, Vast, Enormo, Twitter and Facebook.Why list with Austin Residential Properties instead of one of the many other flat-fee listing services?
The way your home is portrayed in MLS makes all the difference in the world and you shouldn't trust your listing (and the widespread online syndication of your listing) to just anyone. Our seller support team consists of a licensed Texas real estate broker with 30 years of experience listing and selling hundreds of homes in the Austin area partnered with a licensed agent with 15 years of marketing and social media experience. After we receive your features list, home photos and basic description wording, we'll review your listing to make sure your home is presented favorably and comprehensively to prospective buyers online. And, we'll provide you with a comprehensive guide entitled "Do You Really Need an Agent? How to Be More Competitive by Selling Your Home Yourself." Our guide provides staging and marketing tips, guidance to contracts and forms, and negotiation advice to help you manage the sales process from start to finish on your own. And if the process of selling your own home ever gets too daunting, we provide the following services to give you the expert assistance you need you while ensuring that you still save a considerable amount of money while selling your property:
- Comparative Market Assessment (CMA) and Pricing Recommendation - $250
- Professional Home Photography - $300
- Real Estate Flyer (we deliver a .pdf and can have flyers waiting for you to purchase at a copy shop) - $100
- Text Messaging and QR Code Campaign - $100
- Virtual Tour and Mobile Virtual Tour - $200
- Customized Yard Sign (yours to keep) and Realtor Lockbox (on loan for length of listing) - $300
- Negotiations and Assistance with Offer Paperwork - 1% of Sales Price
About Us
Austin Residential Properties was born out of a search-engine-friendly re-branding effort for a 30-year old Austin real estate business led by broker Jackie Clark, a former leading listing agent for Amelia Bullock in Austin, former agent with Coldwell Banker - Previews Division and RE/MAX, and owner of the successful Westlake-based boutique real estate agency, Jackie Clark Realtors. Jackie has lived in Austin for 30 years, has marketed and sold hundreds of homes in the Austin area, was named by Unique Homes Magazine as one of the top luxury real estate professionals in the country, and holds a B.B.A. from Southern Methodist University. Leading our marketing efforts is Elizabeth Clark, a real estate agent with 15 years of marketing and social media experience, history crafting deals with internet giants like Facebook, Yahoo, Google, Microsoft, eBay and Amazon, and an M.B.A. from Harvard Business School.Wednesday, November 24, 2010
Thursday, November 18, 2010
Austin Real Estate Continues to Hold Value
PRESS RELEASE
Austin Real Estate Continues to Hold Value Despite Slower Sales Volume in October
Austin Board of REALTORS® releases October 2010 real estate statistics
November 18, 2010 - According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, the Austin real estate market continues to hold its value despite a slowdown in sales.
The volume of Austin area home sales in October 2010 was 1,221, down 31 percent from the same month in 2009. Sales volume year-to-date was down five percent from the same period in 2009 with 15,228 homes sold. Homes spent an average of 92 days on the market in October 2010, up 26 percent from the same month in 2009.
The median price of single-family homes in October 2010 was $198,500, up 10 percent from October 2009. Year-to-date, the median home price was $194,990, up three percent from the same period in 2009. Sales activity in the higher prices ranges continued to increase on a year-to-date basis in October with homes priced at $500,000 and above experiencing double-digit sales increases.
According to John Horton, Chairman of the Austin Board of REALTORS®, “Higher priced homes have continued to sell well over the last few months. This trend has been a driver in the steady increases in the median and average prices the market has experienced during the same period.”
Chairman Horton explained, “It has been a unique year in evaluating trends in the real estate market due to the impact of the expired homebuyer tax credits. Monthly comparisons are still being skewed by the artificial stimulus the tax credits provided.”
Horton added, “The market is still providing exceptional opportunities for buyers as we approach the end of the year. Increased active listings throughout the month provide buyers with a good selection of homes to choose from. This, combined with stable home prices and historically low interest rates, makes it a great time for those looking to purchase.”
October 2010 Statistics
•$321,786,003 – Total dollar volume of single-family properties sold, down 24 percent from October 2009.
•$198,500 – Median price for single-family homes, up 10 percent from October 2009.
•1,221 – Single-family homes sold, down 31 percent from October 2009.
•92 – Days on market, up 26 percent from October 2009.
•9,703 – Active single-family home listings on the market, up eight percent from October 2009.
•1,402 – Pending sales for single-family homes, down 23 percent from October 2009.
Year-to-Date 2010 Statistics
•$3,871,811,782 – Total dollar volume of single-family properties sold, unchanged from 2009.
•$194,990 – Median price for single-family homes, up three percent from 2009.
•15,228 – Single-family homes sold, down five percent from 2009.
•74 – Days on market, down five percent from 2009.
•10,497 – Active single-family home listings on the market, up 10 percent from 2009.
•17,235 – Pending sales for single-family homes, down six percent from 2009.
The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,000 licensed REALTORS® in Central Texas. For more information, please contact Angela Brutsché at 512-454-7636.
Austin Real Estate Continues to Hold Value Despite Slower Sales Volume in October
Austin Board of REALTORS® releases October 2010 real estate statistics
November 18, 2010 - According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, the Austin real estate market continues to hold its value despite a slowdown in sales.
The volume of Austin area home sales in October 2010 was 1,221, down 31 percent from the same month in 2009. Sales volume year-to-date was down five percent from the same period in 2009 with 15,228 homes sold. Homes spent an average of 92 days on the market in October 2010, up 26 percent from the same month in 2009.
The median price of single-family homes in October 2010 was $198,500, up 10 percent from October 2009. Year-to-date, the median home price was $194,990, up three percent from the same period in 2009. Sales activity in the higher prices ranges continued to increase on a year-to-date basis in October with homes priced at $500,000 and above experiencing double-digit sales increases.
According to John Horton, Chairman of the Austin Board of REALTORS®, “Higher priced homes have continued to sell well over the last few months. This trend has been a driver in the steady increases in the median and average prices the market has experienced during the same period.”
Chairman Horton explained, “It has been a unique year in evaluating trends in the real estate market due to the impact of the expired homebuyer tax credits. Monthly comparisons are still being skewed by the artificial stimulus the tax credits provided.”
Horton added, “The market is still providing exceptional opportunities for buyers as we approach the end of the year. Increased active listings throughout the month provide buyers with a good selection of homes to choose from. This, combined with stable home prices and historically low interest rates, makes it a great time for those looking to purchase.”
October 2010 Statistics
•$321,786,003 – Total dollar volume of single-family properties sold, down 24 percent from October 2009.
•$198,500 – Median price for single-family homes, up 10 percent from October 2009.
•1,221 – Single-family homes sold, down 31 percent from October 2009.
•92 – Days on market, up 26 percent from October 2009.
•9,703 – Active single-family home listings on the market, up eight percent from October 2009.
•1,402 – Pending sales for single-family homes, down 23 percent from October 2009.
Year-to-Date 2010 Statistics
•$3,871,811,782 – Total dollar volume of single-family properties sold, unchanged from 2009.
•$194,990 – Median price for single-family homes, up three percent from 2009.
•15,228 – Single-family homes sold, down five percent from 2009.
•74 – Days on market, down five percent from 2009.
•10,497 – Active single-family home listings on the market, up 10 percent from 2009.
•17,235 – Pending sales for single-family homes, down six percent from 2009.
The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,000 licensed REALTORS® in Central Texas. For more information, please contact Angela Brutsché at 512-454-7636.
Wednesday, March 31, 2010
How Long Does It Take to Sell a Home?
A homeowner in the residential area of Westlake in Austin, Texas, posted a question on Trulia about how long it takes to sell a home. I am including my full response on our company blog to share my advice (and a special listing offer!) with other homesellers in Austin:
I'm a Westlake-based agent and my broker/teammate has worked in the Westlake market for 28 years. Many factors impact the length of time it takes a home to sell, including local supply and demand factors, seasonality, the price/value ratio as perceived by potential buyers, and the condition of the home. The good news is that a good agent will work with a seller to control as many of these factors as possible through conducting a thorough pricing analysis, providing the owner customized home staging advice, and marketing the home in a favorable light far and wide, utilizing both traditional and new media marketing methods.
We could run the past statistics on your neighborhood for you if you are thinking about selling to give you the average days on market (ADOM) in your area. Please let me know if you are seriously considering selling your home and I'll be happy to prepare a customized listing proposal for you. I have 15 years of marketing experience, utilize the latest online technologies to market homes most effectively, and have an extensive network in Austin and especially Westlake.
In order to help ensure that your home sells as quickly as possible, I'd like to offer you a 3% listing that I'll reduce to 2% in 90 days if you haven't received an offer on your home. If a home hasn't sold in 90 days, it's usually prudent to take a price reduction at that time so this post-90-day reduced listing commission could help offset an eventual price move if one is required to react to changing market factors and keep your home in the appropriate price position to sell quickly.
If you want to sell, spring/summer is traditionally the best time to ensure as quick a sale as possible. Please don't hesitate to reach out if I can help you in any way. We look forward to hearing from you!
Best regards,
Elizabeth Clark
President and Investment Specialist, Harvard M.B.A.
Austin Residential Properties
Email: elizabethclark@austinrp.com
Web Reference: http://www.AustinResidentialProperties.com
Note: We'll honor this same post-90-day reduced listing commission offer to all Austin homesellers who list with us in the month of April or May 2010, so please email me at elizabethclark@austinrp.com if you'd like to request a listing proposal.
I'm a Westlake-based agent and my broker/teammate has worked in the Westlake market for 28 years. Many factors impact the length of time it takes a home to sell, including local supply and demand factors, seasonality, the price/value ratio as perceived by potential buyers, and the condition of the home. The good news is that a good agent will work with a seller to control as many of these factors as possible through conducting a thorough pricing analysis, providing the owner customized home staging advice, and marketing the home in a favorable light far and wide, utilizing both traditional and new media marketing methods.
We could run the past statistics on your neighborhood for you if you are thinking about selling to give you the average days on market (ADOM) in your area. Please let me know if you are seriously considering selling your home and I'll be happy to prepare a customized listing proposal for you. I have 15 years of marketing experience, utilize the latest online technologies to market homes most effectively, and have an extensive network in Austin and especially Westlake.
In order to help ensure that your home sells as quickly as possible, I'd like to offer you a 3% listing that I'll reduce to 2% in 90 days if you haven't received an offer on your home. If a home hasn't sold in 90 days, it's usually prudent to take a price reduction at that time so this post-90-day reduced listing commission could help offset an eventual price move if one is required to react to changing market factors and keep your home in the appropriate price position to sell quickly.
If you want to sell, spring/summer is traditionally the best time to ensure as quick a sale as possible. Please don't hesitate to reach out if I can help you in any way. We look forward to hearing from you!
Best regards,
Elizabeth Clark
President and Investment Specialist, Harvard M.B.A.
Austin Residential Properties
Email: elizabethclark@austinrp.com
Web Reference: http://www.AustinResidentialProperties.com
Note: We'll honor this same post-90-day reduced listing commission offer to all Austin homesellers who list with us in the month of April or May 2010, so please email me at elizabethclark@austinrp.com if you'd like to request a listing proposal.
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