Real Estate Wisdom: 3 Pro Tips From Our Recent Sales Success!
In the fast-paced world of real estate, every experience is a lesson learned. Today, I spill the beans on the three biggest takeaways from our recent sales that could change the way you approach real estate. Get ready to dive deep into the world of savvy buying, mold mysteries, and the surprising power of owner financing. To learn three critical tips from our recent sales, watch this short video.
Here are three valuable tips from our recent real estate sales.
Today, I’m sharing the three key takeaways from my recent sales experiences:
1) Buyers prioritize homes that are either completely updated or are excellent deals, not necessarily the cheapest or the nicest in the neighborhood. In some cases, our buyers purchased homes for $59,000 or even $110,000 below appraised value.
2) Mold is becoming a significant concern for buyers, and it's crucial for sellers to consider getting a pre-inspection to address potential mold issues.
3) Sellers who own their homes outright should consider owner financing as an option. We recently facilitated a successful deal with this approach, resulting in a quicker sale at a higher price. We worked with an attorney and a third-party servicer to simplify the process, with the added benefit of potentially saving on taxes by spreading out the gain over time. However, please note that I'm a Realtor, not a CPA, and this information is not legal, financial, or tax advice.
If you'd like to discuss real estate further, please feel free to call or email me. I’m always happy to help.
At BIRDHOME, we strive to help our clients, friends + family build generational wealth through real estate investing. At the BIRDHOME blog, we're sharing our expertise in the Austin real estate market to help guide you to your new home.
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