Tag Archives: home selling

So what exactly is the MLS?

The acronym “M.L.S.” is an everyday term in the real estate industry and one that’s important to know if you’re thinking about buying or selling a home. Real estate professionals may take for granted that the general population knows & understands this important term, but that may not be the case.

So what exactly is the MLS? On a basic level, the MLS is database of all of the properties available for sale and represented by a real estate agent in a given area. The MLS also creates the framework by which agents agree to cooperate and compensate one another. So what is the MLS? There is also a high level of supervision by the system administrators, which provides accuracy and professionalism, reducing fraud.

With the emergence of search sites like Zillow, Trulia, and Realtor.com, the consumer has been empowered with valuable information, which is important. The key thing for home buyers and sellers to know is that these sites don’t always have the most up-to-date or accurate information. If you are thinking of selling you will get the most exposure possible by being represented by an agent, who will place your home on the MLS.So what is the MLS?

As a member of the Austin Board of Realtors and the Austin area MLS, the Mallett Integrity Team has access to all the most recent and up to date information and listings you need when buying or selling a home in the Austin area.

Want to learn more about how we can help you sell your home or find the home of your dreams? Contact us today! 512-829-2062.

What’s that Home of Yours Really Worth?

There’s only one sure-fire way to determine the value of your home: Speak to the professionals who know best.

Maybe you’re thinking of selling, maybe you’re thinking of refinancing, or maybe you’re just curious about the market. But the question is, “What is that home of yours worth?”

What's your home really worth?

What’s your home really worth?

Such a simple question should be returned with a simple answer, right? Well unfortunately, determining the value of your home–or any home for that matter–can be a tricky process. You can go online and nowadays there are endless websites that will promise you a fast answer with fancy charts and graphs. As tempting as it may be to trust this information, be wary of letting a computer program tell you what your largest investment is worth.

The trouble with these websites is that they have little to no local market information. They are not aware that a new park is being built, or that a four-lane highway is being re-routed, or that you’ve lovingly cared for and maintained your home.

The bottom line is this: If you’re serious about getting an informative valuation for your home you should contact a local real estate professional. These professionals work with the actual people who will ultimately determine the value of your home–the home buyer

Don't just guess when pricing your home, find out what it's really worth by talking to a real estate professional.

Don’t just guess when pricing your home, find out what it’s really worth by talking to a real estate professional.

themselves. This is their profession and they will be happy to sit with you and explain the current market conditions that affect your home value.

Curious to know what you’re home is worth? Contact us today at 512-829-2062

 

Nine Must Have Home Features

Island KitchenWhat do buyers consider their Must Have home features? Whether you’re thinking about selling your home in the near future or not, its a good idea to pay attention to what home buyers rank as most important when buying a home. That way, when the time comes for you to sell, you’ll get the most return on your investment for improvements you’ve added to your home. According to a recent National Association of Realtors survey the following are nine interior features buyers ranked as “very important” when searching for a home. If you’re thinking about upgrading or remodeling your home, it might be worth investing in the following highly ranked items:

1. Central air-conditioning

2. Walk-in closet in the master bedroom

3. Ensuite master bath

4. New kitchen appliances

5. Eat-in kitchen area

6. Hardwood floors

7. Granite countertops

8. Kitchen island

9. Stainless steel appliances

Even though all these items could add value to your home and are highly desired by buyers,  contact us for a comparative market analysis before you go crazy with updates & upgrades to make sure you get a solid return on your investment. We’d love to help you come up with a strategy for selling your home for the most money in the shortest amount of time, whether it’s now, or sometime in the future!

Read the full article here: 8 Interior Home Features That Buyers Most Crave.

The May 2013 MLS Statistics are in and the Austin-Area Real Estate Market is Looking Great!

Things are looking great for the Austin & the Austin area real estate market!

Things are looking great for the Austin & the Austin area real estate market!

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Home Sellers…What’s that Smell!?

Those fresh-baked cookies sure do smell good, but will they help you sell your home? The answer may surprise you!

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Image from www.wsj.com

Eric Spangenberg, dean of the college of business at Washington State University, and his co-authors recently conducted a study in Switzerland to determine just how much people’s spending is influenced by smell. The results? Turns out, the more complex the smell the less likely people are tend to spend money.

After studying 402 people for 18 days in a home-decor store, the researchers found that people spent, on average, 31.8% more when the store was scented with a simple orange smell vs. a complex blend of orange, basil, and green tea. Even more interesting, was that shoppers actually spent more when there was no scent present at all!

These findings fly in the face of common thought about the relationship between sales & smell especially in regards to real estate. Homeowners are often coached to create pleasing smells when potential buyers visit to encourage them to buy. However, according to Spangenberg, complex smells such as baked goods and potpourri may produce the opposite effect. Spangenberg says this has to do with the fact that even pleasant complex scents can be a distraction to buyers who subconsciously devote time and energy trying to determine what the smell is rather than focusing on the product, or in this case, the home.

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Image from www.wsj.com

So how should you use smells to help encourage, rather than discourage the sale of your home? Spangenberg recommends using natural, simple scents such as lemon, orange, pine, or cedar, and encourages people to think about what makes sense in the environment of your home. For example, pine might work well for a mountain cabin, but would be out of place, distracting, and therefore discourage the purchase of a beach house.

So, if you’re selling your home, take a few minutes and assess the smells buyers smell when they walk through your door. Though we can’t make any promises, it may  make a difference between a casual looker, and a motivated buyer!

See the entire article here.

 

 

Meet Michelle, Our Home Staging Professional!

If you’ve listed a home with us, you know the importance we place on staging your home to sell. Why? Because, simply put, when properly staged, homes sell for more money and in a shorter amount of time, which is great for everyone! Since this is such a vital part of our listing process, we thought you might want to meet the person behind the scenes that makes our beautifully staged homes a reality. So, without further adieu…meet Michelle, a wonderful addition to the Mallett Integrity Team!

Q.) Tell us a little about yourself and your experience as a home stager.

A.) Although I’ve been in the Austin area off and on since 1986, it’s only been three years that I have been able to call Dripping Springs home. I have been married for almost 20 years and I am a proud mother to three daughters. The love of decorating began in my teens. Quite often I would move furniture around and reorganize my room. Probably not typical teen behavior and no surprise to my family when I began my staging and interior restyling business, “Originally Inspired.” I’ve actually been full circle on the staging wheel. Several times I was the home seller preparing my own home for listing. I also spent 16 months as a home manager, living in three different vacant listings within that time, while

Living Area Prior to Staging

Living Area Prior to Staging

Living area after staging

AFTER

keeping them staged until sold. I have also been through the process of several home builds, including custom, and the design and material selection that each entail. Now I get to do what I LOVE on a daily basis and assist clients in getting their property ready for the market.

Q) What do you like most about home staging?   

A.) What I love about home staging the most, is the transformation of the space and the confidence and satisfaction it brings the client. Even the smallest transformation can make a huge impact. That impact benefits the home seller, the agents and even helps the buyer visualize how their own furniture may arrange in the home. I get to be a part of that process and it’s rewarding to me personally and a positive experience for all involved.

 

Q.) Why should someone use a home stager when selling their home?

A.) Staging helps sell homes.  It’s about setting a tone in a home that is appealing to abroad, target market of potential buyers in order to get your home sold as quickly as possible and at top dollar. When getting a house ready for the market I remind the client that changes made are not about their style or decorating ability, so it’s never personal. We aren’t decorating to stay, that’s personal. We are decorating in order to move on to that

An empty dining room becomes warm & inviting.

An empty dining room becomes warm & inviting.

next space that is waiting to be decorated to your personal taste and desires. Most stagings do not require the home owner to purchase anything. Usually, the stager is able to re-merchandise existing furniture and decor. Selling your home can be a stressful time and a stager helps in minimizing the sellers stress so that time can be spent doing other projects. We come in, figure out our plan and we make it happen.

BEFORE & AFTER of a Gameroom area

BEFORE                                                                                                             AFTER

Q.) What are some easy things people can do to keep their home organized & “show ready” (whether they’re selling their home or not!)

A.) Whether you are selling a home or not, there are many things you can do to keep a home “show ready”.  Investing in bins and nice storage containers are a must.  Kids toys, magazines, personal papers and other loose items quickly become cluttering and troublesome to the eye if not contained.  Rule of thumb, less is more.  Find one, maybe two focal walls in a room (depending on how large the room is), not every wall needs to be decorated. Keep counter tops in kitchens and bathrooms at a minimum with appliances, toiletries and personal items.  Store items that aren’t used daily in a cabinet or drawer or group into a basket that can be stowed and pulled out while in use. Make it an annual must to go through the garage, cabinets, closets and de-clutter by donating, selling or throwing away.  These tips will help you stay prepared if your listing and thankful someday if you do. to.

Home Sellers…Are You Covered?

We’re excited to announce that the Keller Williams and The Mallett Integrity Team has partnered with 2-10 Home Warranty to offer an invaluable service to our listing clients! As a listing client, 2-10 home warranty will provide coverage for your home while it is on the market. A home warranty covers major systems and appliances that malfunction or break from normal wear and tear. These expensive-to-repair items such as air conditioning and heating units, plumbing, electrical wiring, refrigerators, ovens, dishwashers, and garage door openers age over time, and repairs are inevitable. TETRRF-00026632-001However, these repairs are the last thing you want to worry about when trying to sell your home, so we’re offering this service to give you peace of mind throughout the sale of your home. That way you can relax, and know we’ve got you covered!

To find out more about this 2-10 home warranty offer for sellers, contact Steve at 512-829-2062.

Wow! The Austin Area Real Estate Market is Heating Up!

Prices are going up, up, up! If you’re thinking about selling, this is great news! And, with interest rates still at low levels, it’s no wonder the real estate market is on the rise in the Austin area. Check out the most recent MLS statistics below!

Most recent MLS statistics for Greater Austin and the surrounding areas

Most recent MLS statistics for Greater Austin and the surrounding areas

Most recent MLS statistics for Greater Austin and the surrounding areas

MLS statistics for Dripping Springs and the surrounding areas.

MLS statistics for Dripping Springs and the surrounding areas.

MLS statistics for the Southwest Austin Area

MLS statistics for the Southwest Austin Area

Whether you’re planning on moving in the Austin area sometime soon, or just planning a remodeling project, you may be thinking about renting a storage unit. But how much is that going to cost you? We’ve provided an info-graphic here to help you see approximately how much a storage unit in the Austin area will run you. Of course, these prices are just estimates – it’s probably still a good idea to do some price checking with a few companies.  However, this should give you an idea about what to expect, and may be a good place to start!

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