Austin Real Estate Guru

10 tips to Take you to Success in Timing your sale in ANY real estate market

January 31, 2023 Lisa Marie Contaldi Season 2 Episode 1
Austin Real Estate Guru
10 tips to Take you to Success in Timing your sale in ANY real estate market
Show Notes

Here’s a Quick recap

I’m not focusing any numbers or stats in this podcast you hear enough of them from a variety of news and social sources. 

Let’s understand that a supply driven market, with adverse reactions from inflation estimates and interest concerns may fixate you on the exact timing of your move. Why not get out of the gate early and approach positive matters with a focus on attaining the highest and best price by preparing for change in THIS year’s housing market. YOUR RIGHT TIME WILL COME. If you dwell on absolute highs and lows you’ll miss opportunities. 

Sales prices are projected to fall further in response to economic conditions BUT if you look at what price you acquired your home-You’re STILL GOING TO HAVE A SUPERB RETURN!  Some of you will net greater than 50%… 40, 30. How much did you win on the last dealer dealt hand. I am going to tell you interest rates will head back down in 2023 IN RESPONSE TO BETTER INFLATION REPORTS. UNTIL THEN Analysts speculate but they will never be able to pin it down Exactly. My good friend and mentor Gino Blefari, head of Berkshire Hathaway HomeServices reminded us this month that when inflation numbers decline rates will  decline. Further, if you don’t have a specific deadline to move what’s another few months in the grand scheme of things?  

LETS FOCUS ON THE POSITIVE 

HERE ARE 10 short ideas to take you to success in real estate in todays market

  1. Write down what you intend to do with your top 5 wants in your next home - what can you live with? What can’t you live Without? Then share it with your family. 
  2. Construct an ideal timeline that is visual. Don’t get too complicated a piece of paper and colored pens will do.
  3. Meet with a savvy realtor to discuss your plans and set up a strategy. (I said savvy realtor Not just a CONVENIENT one who mailed you a pretty postcard last month. 
  4. Meet with a local lender to fuel to your ideas and educate yourself about loan programs, verify if your goals are realistic
  5. Revisit your priorities to see if they are aligned with reality and perfect your story (get ready!)
  6. Start to Look at home sale listings that meet your criteria (vs visiting open houses and dwelling on pipe dream Ruling in or out as you go comparing each one against the last- it’s a yes or a no not just a bunch of maybes !
  7. Relax and enjoy the ride purchasing an interior or exterior upgrade to improve your new home and make it more saleable to Celebrate 🎉 along the way. 
  8. Do not take on additional debt or pay off anything without your lenders advice
  9. Get two bids and don’t take on more than two projects
  10. Revisit your timeline in exactly 30 days sharing the research and estimates you obtained with your realtor 

Do you know how many families make up rates and don’t even enjoy those upgrades for even a month? Let’s not live our lives in isolated threads rather let’s construct a grand tapestry and start celebrating your future success RIGHT NOW!

I leave you with a quote from The Book of Proverbs by William Camden 1605 The Early Bird Gets the Worm

The worms might be taken if you’re a late rising bird. Get ahead of the SP

Hi! I’m Lisa Marie Contaldi and my family has called Austin Texas home since the late 80’s.  I’ve celebrated hundreds of success stories and memorable housing experiences helping buyers and sellers achieve their personal financial goals. We’ve all witnessed the astounding changes from a rapidly evolving housing market in Austin through many real estate cycles. Is it time for you and your family to cash out and make the change you’ve been planning for months; or dreaming about for years?

WE ARE knowledge brokers offering an authentic ongoing conversation that will develop your natural intelligence in real estate and other endeavors.
http://lisacontaldi.com