Real Estate Information Archive

Blog

Displaying blog entries 1-9 of 9

How Selling Your Home is Kinda Like Making a Lasagna!

by Scott and Tammy Watson

How many layers are there in a lasagna? There's no right or wrong answer to that. Other than, "more than one" probably. Even two is pretty skimpy. So, let's say three is minimal for argument sake. (But, four or more is better.) The number of layers probably just boils down to using up all the lasagna noodles and sauce you have, or getting to the top of the pan you have to use. No exact amount. Use what you've got. But, if all you've got won't stretch to make three layers in the size pan you have, perhaps you should use a smaller pan. At least have the three layers.

This isn't a lasagna lesson.

You could say that it doesn't really matter how many layers there are, as long as it tastes good. And, there really isn't any rule that you can't have a one or two layer lasagna. So, you'd be "right". It just wouldn't look exactly right. Not a big deal. It's lasagna. But, this article isn't really about lasagna, it's about real estate. Specifically, the critical "layers" you need to have when you list your house for sale. Like we were talking about above with lasagna, for the sake of argument, you definitely need three layers. More would be better. So, let's look at the three most important layers when listing your home for sale.

The 3 layers

The three "layers" you need to have when you list your home for sale are:

1- Price

 2- Exposure

 3- Ease of access

Price

The price of your home is the first, and most critical layer when you are listing your home. If you don't nail the pricing, the next two layers won't matter a whole lot. It won't matter how much exposure your home has if the price isn't in line with the market. Buyers have a good handle on values, and they won't waste their time looking at a house if the price is way out of whack. There's certainly a little room to be on the "high" side. You don't need to "give your house away". But, you really need to be priced well against the current competition, and justifiable against similar homes to yours which have recently sold.

Exposure

Exposure has gotten easier over the years because of the Internet. But the easiest way to ensure you reach every single buyer in the market is to make sure you're on the local multiple listing service (MLS). Beyond that, you want to make sure your listing "populates" or "syndicates" to all of the real estate sites out there. Again, the easiest way to do this is typically to list your home on the local MLS. Most agents have a system that then allows your listing to be picked up by more real estate websites than you can imagine. Beyond that, it doesn't hurt to have some other exposure in terms of marketing. This will vary from agent to agent, and company to company. But the bottom line is this — your home needs to be easily found. And since most buyers are actively looking online, make sure it's on there as "everywhere" as possible.

Ease of access

Your home needs to be easy for buyers to come and see. Sounds simple enough... You want your home sold, so of course you figure you'll make it easy to come and see. But not everyone does. More people than you can imagine make real estate agents and buyers jump through hoops to schedule a showing. Saying no to a showing, or trying to corral every showing into a tight window of time during the week is going to hurt you. So, just make sure you keep your house ready to show at any given moment, and say yes to any request to come see the house. (Within reason, of course...) If you just do all three of those things, you're in pretty good shape to get your home sold for as much as the market will bear, in as short a time as possible. But, it won't necessarily be as good as it could be if you were to add just a few more layers to your "listing lasagna".

The "extra" layers.

While the first three layers are more or less non-negotiable, and will most likely get you as close to the highest offer as possible, as quickly as possible, you may want to consider these extra layers. Adding these into your mix will increase your chances of getting the highest and best offer possible, as quickly as possible.

1- Hiring an agent who knows and understands the market.

2- Hiring an agent who is a strong advisor.

3- Hiring an agent who can negotiate.

4- Hiring an agent who keeps things together.

Knows and understands the market

It's easy enough to hire a real estate agent. There's plenty of them. But, you should really make sure to hire one who truly knows and understands your local real estate market. You want one who can analyze the activity on your house, and the overall market, so that the agent can...

Advise you

There's a lot of talk about selling homes "as quickly as possible". The key words there are "as possible". Sure, you and your agent want your home to sell, and sell quickly. But "quickly" depends on the market. And you want an agent on your side who, after analyzing the market and activity, can advise you on what to do... Should you stay firm on your price and just be patient? Should you lower your price? If so, how much? Is there something you can change about your house that buyers are getting hung up on? If so, is it worth doing, or will the cost be too much for it to make sense? There's way more than that to list, but those are just a few examples of advice your agent should be relied upon for, and be able to provide to you.

Negotiate

This is another thing that gets a lot of lip service. But an agent who negotiates well is a huge asset. Sure, you want one that will negotiate a "win-win" enough to make a deal come together. But, you really want one that gets you the fatter end of the win. And that isn't always just about price. A good negotiator will get you the best price and terms. And, more importantly, it's important to have an agent who will...

Keep the deal together

There's a lot of time, and a lot of things that can lead to a deal falling apart between signing the deal and a closing. Things go wrong. People get cold feet. Buyers get greedy and ask for credits and repairs, or threaten to bale on the whole deal. Appraisers throw their opinion into the mix. Again, just to name a few examples... but there are so many things that can make a deal fall apart. Having a strong agent on your side, who can almost predict and nip problems in the bud before things get out of control, is a huge layer to add to your listing lasagna. And, if things do get dicey, you want an agent who can wrangle it all in and get things back on track.

Looks can be deceiving.

People often look at selling a house as pretty simple. And the truth is, it is pretty simple...in terms of the first three layers. But that doesn't necessarily make the best "lasagna" possible. It might look OK enough to be called lasagna, but it's not gonna be quite as tasty as it could be, if you take enough care to add the next four layers.

Now that you are really hungry, give us a call today and put Group Watson to work for you!

Call 972-370-1775 today for more details of how we can help you list and SELL your home fall!

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*

2632 Leisure Lane

 

PROPERTY DETAILS
$344,900
LISTING INFORMATION
MLS: 13688202
Bedrooms: 4
Full Baths: 3
Partial Baths: 1
Sq ft: 3309
Lot Size: 0.176
Garage: 2
Heat Source: Central Air-Ele
Taxes: $0.00
PROPERTY DESCRIPTION

$5000 Buyer Incentive with an Executed Contract by 10-15-17. Meticulously Maintained Home Features 2 TRUE MASTER SUITES, One on each Floor both Offer Luxurious Private Bathrooms w'Large Walk-in Closets. 4 Bedrooms, 3.5 Baths, 2 Car Garage + Study, Formal Dining & HUGE Game Room wired for Surround Sound. Easy Care Ceramic Tile Throughout, Lots of Natural Light, Great Floorplan. Living Rm is also wired for Surround Sound & Open to the Eat-In Kitchen w'42 Inch Cabinets & Gas Cooking w'Double Ovens. Pool Sized Backyard has a $15,000 Must Have Covered Patio, Green Space, Landscaping & 2 Storage Sheds That Stay. New Dishwasher, Micro & Disposal in 2015, HVAC in 2014 & New Roof 2017. Fridge, Washer & Dryer Also STAY!

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES

Why FALL Might Be The Best Time To Buy A Home

by Scott and Tammy Watson

A lot of people think the best time to buy a house is during the Spring market.

And, it is...

...in the sense that more houses are listed for sale in the Spring. But, there's also a heck of a lot more buyers trying to buy those listings.

The thing is, some of the houses listed back in the Spring don't end up selling. (Usually just because they were overpriced.)

Now, it isn't like new listings don't happen in the Fall. There's always new listings coming on the market. But it's not like, just because it's Fall and not Spring, prices are necessarily going to fall. In other words, new listings aren't likely to list for a lot lower than you would have seen in the Spring.

However, the homeowners who did list back in the Spring are much more likely to be anxious (perhaps even desperate) to sell their home. They've created their own problem...they missed the boat by pricing too high.

Which is great news for you, if you're looking to buy a home:

  • Less competition. (Many buyers stop looking at this time of year...for no good reason.)
  • Motivated sellers. (They're sick of being on the market, and wondering why nobody bought their house.)

It isn't always easy to find those listings. They don't wave a white flag, or lower their price to some ridiculous amount everyone would notice. If only it were that easy...

Just because someone listed their home back in the Spring doesn't mean they'll be all that negotiable.

There are certain things a great real estate agent will know to look for.

We LOVE rolling up our sleeves and finding the ones we can most likely negotiate the best deals on.

So, got anything you want us to roll up our sleeves and look for? Real estate deals won't just fall in your lap, but we can certainly help you find one this Fall.

Bonus

Want another reason to buy a home in the Fall? You can take advantage of year-end sales to outfit your home!

Hardly anybody buys a home who doesn't want (or need) to make improvements, however small. So why not coordinate your purchase with sales on items you'll need? According to Consumer Reports, September is an ideal time for buying carpet and paint. In October lawn mowers go on sale, and the same goes for appliances and cookware in November.

We are ready and able to find you that pefect home at the perfect price, so contact us today and put Group Watson to work for you!

Call 972-370-1775 today for more details of how we can help you purchase your next home this fall!

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*

11028 Coventry Lane

 

PROPERTY DETAILS
$550,000
LISTING INFORMATION
MLS: 13696654
Bedrooms: 5
Full Baths: 4
Partial Baths: 0
Sq ft: 4804
Lot Size: 0.27
Garage: 3
Heat Source: Central Air-Ele
Taxes: $0.00
PROPERTY DESCRIPTION

Classically Designed Sotherby Home on an Oversized Corner Lot! 5 Bdrms, 4 Baths, 3 Car Gar, Game Rm w'Wet Bar & Media Rm. Welcoming 2 Story Entry w'Iron Door, Hand Scraped Hardwood Floors Lead Past Study w'French Drs & the Frml Dining is Highlighted with Curved Walls & a Crystal Chandelier. Lge Living Rm has Vaulted Ceilings, Cast Stone Gas Log FP & Surround Sound. Island Kitchen w'Built in Desk Area, Granite, Elegant Lighting, SS Appl's, Gas Cooktop & Dble Ovens. Master Suite w'Plantation Shutters, Tray Ceiling, Crown Molding, Granite Counters, Oversized Shower & Jetted Tub. Guest Suite Down. Media Rm Speakers, Screen & Projector Stay. Private Backyard w'BOB Fence, Lge Flagstone Patio & Pergola w'Ceiling Fans.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES
 

The Hidden Costs of NOT Owning a Home

by Scott and Tammy Watson

There's no arguing there's costs associated with owning a home. But the adverse is also true; there are also definite costs associated with NOT owning a home. The benefits of buying vs. renting has always been a hotly debated topic, with most people believing that — at least in the short term — renting is more cost effective. But most people don't consider the hidden costs of not owning a home and sinking all of your money into your rental. Here are four sneaky ways that not owning a home will cost you:

1. Your pricing is never guaranteed

When you own a home, there are no surprises when it comes to your monthly housing costs. Once you lock in your mortgage, your payment will remain constant throughout the length of your loan (unless you decide to refinance in the future). The stability of having a mortgage gives you the peace of mind of knowing what to expect each month — and not having to worry about unpleasant surprises that completely throw off your budget. When you don't own a home, it's different. You're at the mercy of your landlord; they can (and often will) change the price of your rent often to keep up with market prices. So what does that mean for you? Well, it means the price you agreed to rent the house or apartment for is not necessarily the price if will rent for in the near future, which leaves you with two options: agree to a higher price or find a new place to live (which is an expensive endeavor itself).

2. Investing in home improvement is a lost cause

Everyone wants to feel comfortable in the place they call home — whether they own or rent. And that means different things to different people; maybe it's cosmetic changes (like painting walls or hanging art) or more practical changes (like installing insulated windows to moderate the temperature). When you own a home, making the improvements necessary to make your home feel comfortable makes sense. Whatever you do to improve your home will only increase the value, making it a sound investment choice. But when you don't own your home, making improvements to your home is like throwing money away. If you paint your walls or hang too much art on the walls, you'll likely have the cost of getting the property repainted deducted from your security deposit when you move out. You can spend the money to install the insulated windows, but they're not coming with you (and the only person that investment makes sense for is your landlord). Some landlords might not even allow you to make any improvements or changes at all. Everyone wants to improve the place they live. But if you don't own a home, making those improvements just isn't a sound investment.

3. You can't always get what you want

When you own a home, you get to choose the services and amenities you enjoy. You can choose between satellite and cable television. You can choose which service providers you want to work with. You can install solar panels if you want to save money on energy costs. When you don't own a home? Not so much. When you rent a home, you're locking into the services and amenities that are tied to that property. Your landlord gives you a list of approved vendors you have no choice but to work with - and often times, those vendors aren't the most cost-efficient. If you live in an apartment community, you'll also have to pay for the amenities of that apartment community, like a pool, gym, or resident's lounge - even if you don't want them or don't use them. And all of those costs can quickly add up. When you own a home, you make the choices on what you want to pay for, which can save you a lot of cash.

4. You're not building any wealth

Perhaps the biggest cost of not owning a home is the fact that you're not building any wealth. When you rent a home, you're giving your money to someone else; you're paying for the right to live there for a predetermined period of time. When that predetermined period of time is over, you walk away with nothing; all of that money is gone. When you own your home, every time you make a mortgage payment, you're paying down your loan and building equity in your home. This is one of the fastest and most efficient ways to build wealth — and is a significantly better investment than throwing your money away on rent every month. You already know that buying a home is a better investment. But when you factor in all the hidden costs of not owning a home, it might be the less expensive one as well.

GroupWatson is the number 1 Real Estate Group to go to when you are ready to
stop throwing your money away on Rent and Purchase a Home!

We have the expertise neccessary to make your transaction a smooth one, whether Buying or Selling so contact us TODAY!

Call 972-370-1775 today for more details of how we can help you sell or purchase your next home.

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*

11028 Coventry Lane

 

PROPERTY DETAILS
$550,000
LISTING INFORMATION
MLS: 13696654
Bedrooms: 5
Full Baths: 4
Partial Baths: 0
Sq ft: 4804
Lot Size: 0.27
Garage: 3
Heat Source: Central Air-Ele
Taxes: $0.00
PROPERTY DESCRIPTION

Classically Designed Sotherby Home on an Oversized Corner Lot! 5 Bdrms, 4 Baths, 3 Car Gar, Game Rm w'Wet Bar & Media Rm. Welcoming 2 Story Entry w'Iron Door, Hand Scraped Hardwood Floors Lead Past Study w'French Drs & the Frml Dining is Highlighted with Curved Walls & a Crystal Chandelier. Lge Living Rm has Vaulted Ceilings, Cast Stone Gas Log FP & Surround Sound. Island Kitchen w'Built in Desk Area, Granite, Elegant Lighting, SS Appl's, Gas Cooktop & Dble Ovens. Master Suite w'Plantation Shutters, Tray Ceiling, Crown Molding, Granite Counters, Oversized Shower & Jetted Tub. Guest Suite Down. Media Rm Speakers, Screen & Projector Stay. Private Backyard w'BOB Fence, Lge Flagstone Patio & Pergola w'Ceiling Fans.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES

Several Things That Online Real Estate Apps Commonly Get Wrong

by Scott and Tammy Watson

Listing sites like Zillow, Trulia, Redfin, and Craigslist have become the go-to source for many buyers and sellers (particularly people attempting to buy or sell property on their own) to get information about the market, view properties and connect with property owners. But while most people believe these listing sites are a reliable source of information, there's actually quite a bit of misinformation that can throw a wrench in your home search or sale. Here are the three things real estate apps commonly get wrong (and how you can avoid them while selling or buying your home):

1. Not all postings are real

via GIPHY

One of the biggest problems on most real estate apps is that they don't require any verification from the people placing listings. So essentially, anyone with an internet connection can post any listing they'd like — including listings that are completely falsified. There are an immeasurable number of fake listings on these sites; posters either use the "bait and switch" method, posting photos of one property when they're really selling another, or create a completely fake listing in hopes of gathering people's personal information for marketing purposes or, in some extreme cases, identity theft. For these reasons you may waste a lot of time and energy looking through and engaging with fake listings, which can keep you from finding real listings — the kind that could end up being your dream home.

2. Not all postings are up-to-date

via GIPHY

Another big issue with these sites is that often times, listings aren't updated. So a listing you see for sale might have actually been sold the previous week or a listing that reads "sale pending" might actually be back on the market. This failure to update is a bad situation for both buyers and sellers. As a buyer, it means you might get excited about a home only to find out it's already been sold or you might pass on an amazing home, thinking it's already been sold... only to find out after the fact it actually was available. If your listing is out-of-date as a seller, it means you could miss out on potential buyers thanks to inaccurate information. Without up-to-date information, it's impossible to effectively manage either the search or the sale of your home. But unfortunately, when you work within these types of real estate listings sites, you're pretty much guaranteed out-of-date information.

3. Property information is often incorrect

via GIPHY

On top of fake listings and out-of-date listings, many listings on these sites are just flat out incorrect. And this can be a big problem for both buyers and sellers. As a buyer, you want to know what you're getting into when you look at a property. But if the information is incorrect — for example, the listing states the property is 4 bedrooms when it's really only three or that the home sits on 2 acres when it's really only 1 — you'll end up wasting a lot of time looking at properties that don't actually fit within your parameters. As a seller, not only will incorrect listing information waste time by connecting you with buyers who are looking for something different from what your property has to offer, but it can actually affect the price of your offers. Zillow, one of the top real estate apps, offers a popular feature called "Zestimate" which estimates how much a property is worth whether it's on or off the market. Anyone can access this information, including potential buyers. And buyers use Zestimates as a way to come up with offer prices. Unfortunately, Zestimates are often inaccurate. In fact, they're off by an average of 8% nationally, which is a pretty shocking disparity. Apps and listing sites readily admit their information might not be accurate; most all have a disclaimer page stating that information on their site may be inaccurate and encouraging potential buyers or sellers to verify all information independently. Moral of the story: when you deal with real estate apps, you're also going to be dealing with a lot of misinformation, which can derail your home sale or search.

What to do instead

via GIPHY

As you can see, real estate apps aren't your best bet when it comes to buying or selling a home. You'll end up wasting time and energy on fake or out-of-date listings or inaccurate information. That's why it's always best to work with a real estate agent. Agents have access to the most up-to-date, accurate information through the MLS, which will ensure that as a buyer, every home you see is exactly what you expect it to be, and as a seller, every potential buyer that comes to tour your home will know exactly what they're getting into.


GroupWatson has extensive experience in property valuations and are the go to professionals in our market area.

We have the expertise neccessary to make your transaction a smooth one, whether Buying or Selling!

Call 972-370-1775 today for more details of how we can help you sell or purchase your next home.

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*

242 Hilltop Drive

 

PROPERTY DETAILS
$225,000
LISTING INFORMATION
MLS: 13687654
Bedrooms: 3
Full Baths: 2
Partial Baths: 1
Sq ft: 2349
Lot Size: 0.165
Taxes: $0.00
PROPERTY DESCRIPTION

Tasteful Touches are Everywhere in this Impeccably Maintained Home. 3 Bdrms, 2.5 Baths, 2 Car Gar, Frml Dining Rm + Game Rm. Updates Include Fresh Int Paint, New Light Fixtures, Extensive Crown Molding, New Carpet & Beautiful Wood Look Laminate Floors in the Living & Master Suite. The Floorplan Flows from the Bright 2 Story Entry to the Living Area that is Open to a Lge Eat-In Kitchen Featuring Recessed Lighting, Gleaming White Cabinets, SS Appliances, Corner Pantry & Views of the Covered Back Patio & Great Sized Yard. Master Suite is Down & Boasts Stylish Cabinetry, New Counters w'Integrated Double Sinks, Lge Walk In Closet, Sep Shower & Garden Tub. Upstairs You Will Find a Big Game Rm & 2 Additional Bdrms.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES

Tips For Buying A Home In A Hot Market

by Scott and Tammy Watson

When a market is hot, finding and buying a home can feel like an uphill battle. In a seller's market, homes go quickly. They can be on the market one day and gone the next. On top of the challenge of finding a home, most homes (especially the desirable ones) have multiple offers, making it harder to get into the home of your dreams. Buying a home in a hot market isn't impossible! You just have to approach it strategically and stack the deck in your favor to find - and successfully buy - the right home for you and your family. Here are four tips for buying a home in a hot market that will put you a step ahead of the home-buying competition:

Make Your Offer As Attractive As Possible

When faced with multiple offers, sellers are going to go with the offer that's the most attractive, both in offer amount and the actual terms of the offer. If you want to stand out from other potential homebuyers and make an impact on the sellers, you need to make your offer as attractive as possible. The first thing you can do to make your offer attractive is to put more money down towards the house. Cash offers are always the most attractive, but that's unrealistic for most people. So if you can offer a larger down payment than the standard 20%, that will immediately make your offer stand out. If you don't have extra cash, there are other ways to make your offer more attractive to sellers. You can offer a short inspection period and agree to take the property as is, which will sweeten the deal for sellers (just make sure you know what you're getting into; obviously, any large repairs discovered during inspection can add a significant cost to owning the property). Or, if the owners want to stay in the house longer (for example, to finish out the school year), you can offer to rent the home back to them after purchase and delay your move in. Anything you can do to make your offer more attractive to sellers will up your chances of landing a home in a hot market.

Be Willing To Be Flexible

In a hot market, the sellers are the ones holding the cards. And if you want to find a home, you need to be willing to be flexible. Chances are, when you find a property, there are going to be things about it that don't fit your image of your "perfect" home. But if you wait too long on a property or ask for too much from the sellers in terms of repairs or changes, you risk losing out to other people who are ready to make a move. Don't budge on your non-negotiables; you want to be happy with your home purchase and not feel like you moved too quickly out of fear you wouldn't find another property in such a competitive market. But don't let a great home slip through your fingers because you aren't willing to be flexible in your wants and needs in a home. Because in a hot market if you're not willing to be flexible, someone else will be.

Be Willing To Be Agressive

While you always want to get the best deal possible on your home purchase, a hot market isn't the time to go in with an ultra conservative offer. In sellers markets, houses routinely go for well above asking price. And while you don't necessarily have to make an offer that's above asking price, if you want to land a home in a hot market, you need to be aggressive. If you find a property you love, talk to your real estate agent to come up with a strategy to make your offer aggressive and competitive. Look at the recent sales in the neighborhood to get an idea of what homes are selling for and make sure your offer is in line with the recent comps. Make your offer competitive, but don't commit to more than you can comfortably pay.

Write A Personal Letter

It seems like a minor detail, but when you're looking to buy in a hot market, is a good idea to write a personal note to the sellers. When faced with similar offers, many sellers end up following their emotions and going with the potential buyer they most want to sell to. And by writing a personal, sincere letter that introduces yourself and your family and lets the sellers know why you want to purchase their home, you can differentiate yourself from other potential buyers, appeal to their emotional side, and land the home. Buying in a hot market isn't easy, but it's possible. And with these tips, you'll put yourself a step ahead of the competition and get yourself a few steps closer to buying your home.

GroupWatson is a full-service team working hard for each one of our Clients when Buying or Selling In a HOT Market.  
We have the experience and expertise to make your transaction a smooth one from Contract to Close!

Call 972-370-1775 today for more details of how we can help you sell or purchase your next home.

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*

242 Hilltop Drive

 

PROPERTY DETAILS
$225,000
LISTING INFORMATION
MLS: 13687654
Bedrooms: 3
Full Baths: 2
Partial Baths: 1
Sq ft: 2349
Lot Size: 0.165
Taxes: $0.00
PROPERTY DESCRIPTION

Tasteful Touches are Everywhere in this Impeccably Maintained Home. 3 Bdrms, 2.5 Baths, 2 Car Gar, Frml Dining Rm + Game Rm. Updates Include Fresh Int Paint, New Light Fixtures, Extensive Crown Molding, New Carpet & Beautiful Wood Look Laminate Floors in the Living & Master Suite. The Floorplan Flows from the Bright 2 Story Entry to the Living Area that is Open to a Lge Eat-In Kitchen Featuring Recessed Lighting, Gleaming White Cabinets, SS Appliances, Corner Pantry & Views of the Covered Back Patio & Great Sized Yard. Master Suite is Down & Boasts Stylish Cabinetry, New Counters w'Integrated Double Sinks, Lge Walk In Closet, Sep Shower & Garden Tub. Upstairs You Will Find a Big Game Rm & 2 Additional Bdrms.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES

Open House Etiquette 101: A Guide For Buyers

by Scott and Tammy Watson

Open houses can be an interesting experience for first-time buyers and seasoned buyers alike — especially if the owners are still living in the home. It can be a bit awkward walking through someone's home, looking at their things, and judging whether their property is a place you can envision as a home for you and your family. But it doesn't have to be awkward! As long as you know what's appropriate in terms of etiquette, open houses can be a breeze. So, what are the rules for open houses? What's proper etiquette? And how should you as a buyer behave when attending an open house?

Treat the host with respect

via GIPHY

The first — and most important — rule of open house etiquette is to treat your host with respect. Whether you're dealing with a real estate agent, an owner, or both, it's important that you're polite and respectful. If you fall in love with the property but made a bad impression at the open house, the owner or agent will likely be less inclined to work with you. No need to go overboard, but make sure you say hello to the host and thank them for having you. Sign in and leave your contact information. Say goodbye when you leave. Treat the host the way you'd like to be treated if you had a bunch of strangers walking through your house.

Don't take a seat

via GIPHY

The last thing you want to do when touring an open house is make yourself comfortable and take a seat on a chair, couch, bed or any other piece of furniture. There are a few reasons for this. If the house is staged, the furniture might not even be real; professional stages are known to use fake furniture like cardboard couches to keep the budget down. And if you sit on one of these fake pieces of furniture, you'll likely to fall straight through and end up on the floor. If the house isn't staged and the owners are still living in the house, it's disrespectful to sit on their furniture without their invitation to do so. You don't need to know if the couch is comfortable in order to make a decision about the property, so keep off.

Ask before snapping photos

via GIPHY

If you like a property, you may want to take photos to share with your family or review after the open house. And while that's usually fine, it's important that you ask before you snap any photo or video. Remember, if the owners are still living in the property, that's their home. There might be things in their home they would rather not have photographed, so make sure to get permission before you get out your camera.

Be efficient

via GIPHY

When attending an open house, it's important that you're efficient and get in and out in a reasonable amount of time. While open houses typically run for a few hours at a time, there's no need to spend more than a few minutes walking through the house. Tour the entire property, take notes, ask any questions, then leave. By using your time efficiently, you're respecting the hosts and allowing them to show the property to other potential buyers.

Don't overstep your boundaries

via GIPHY

It's important when touring an open house that you don't overstep your boundaries. It's ok to look in the master closet to check for spaciousness; it's not ok to rummage through the drawers. It's ok to open the refrigerator to make sure it's working properly; it's not ok to grab a bottle of water out of it. It's ok to explore the property, but it's not ok to treat it as if it was your own. Use your best judgement.

Don't criticize the property while you're still in it

via GIPHY

Chances are, there are going to be a few open houses you attend where you absolutely hate the property. And that's ok! Seeing properties that aren't the right fit for you and your family is just part of the process of buying a home. However, it's important to remember that the open house you're attending is a house that belongs to someone. And badmouthing the home while you're still inside it is just bad form. Even if the owner isn't in the house, you never know who might overhear you, like the real estate agent or a neighbor. You wouldn't want someone you invited into your home to criticize it. So don't do the same at an open house. Wait until after you leave to share your criticisms with your partner, family, or agent. Attending an open house can be a great way to find your dream home. And now that you know the proper etiquette, it's time to get out there and start exploring some open houses!

GroupWatson is a full-service team working hard for all our Clients.  
Come show off your best Open House Etiquette at one of our Open Houses this Weekend!

Call 972-370-1775 today for more details of how we can help you sell or purchase your next home.

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*

 

242 Hilltop Drive

 

PROPERTY DETAILS
$225,000
LISTING INFORMATION
MLS: 13687654
Bedrooms: 3
Full Baths: 2
Partial Baths: 1
Sq ft: 2349
Lot Size: 0.165
Taxes: $0.00
PROPERTY DESCRIPTION

Tasteful Touches are Everywhere in this Impeccably Maintained Home. 3 Bdrms, 2.5 Baths, 2 Car Gar, Frml Dining Rm + Game Rm. Updates Include Fresh Int Paint, New Light Fixtures, Extensive Crown Molding, New Carpet & Beautiful Wood Look Laminate Floors in the Living & Master Suite. The Floorplan Flows from the Bright 2 Story Entry to the Living Area that is Open to a Lge Eat-In Kitchen Featuring Recessed Lighting, Gleaming White Cabinets, SS Appliances, Corner Pantry & Views of the Covered Back Patio & Great Sized Yard. Master Suite is Down & Boasts Stylish Cabinetry, New Counters w'Integrated Double Sinks, Lge Walk In Closet, Sep Shower & Garden Tub. Upstairs You Will Find a Big Game Rm & 2 Additional Bdrms.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES

4 Small Changes That Can Add Major Value To Your Home!

by Scott and Tammy Watson

When it comes to selling your home, obviously you want to do everything you can on your end to add value to your home and secure the highest offer. But while you might automatically assume that major added value comes from major renovations, sometimes it's the small things that add up ending the most value to your home. Here are four small, inexpensive changes that can add major value to your home (and get you higher offers in process):

1. Spruce Up Your Exterior

While many homeowners focus their renovations and changes on the interior of their home, the exterior of your property is the first thing potential buyers will see. And if you want to get off on the right foot and make a positive first impression, it's important that the exterior of your home is inviting and well-designed. You don't have to completely landscape your property in order to make a good first impression. A few minor changes to the exterior can really spruce things up and make the space feel more inviting for potential buyers. Put a fresh coat of paint on your front door. Line the walkway leading up to your entrance with inexpensive potted plants. If you have room, add a small chair or table to create a sitting area on the front porch. And always make sure your lawn is watered and mowed. Having a clean, inviting, and well-decorated exterior will have buyers falling in love with your property before they ever even walk through the front door.

2. Add A Fresh Coat Of Paint

One of the most inexpensive ways to add serious value to your home is by adding a fresh coat of paint, particularly if it's been awhile since your walls have been redone. Old, peeling, or out-of-date paint can make your home look like it's in rougher shape than it actually is. A fresh coat of paint will breathe new life into your rooms and frame them in the best light to potential buyers. When choosing paint colors, go for neutral colors like gray or beige; using bright or unique colors can be off-putting to some potential buyers. Neutral tones makes it easier for buyers to see themselves in the space. Just be sure to avoid white - the color can feel overly harsh and can make your home feel cold and impersonal (not exactly the feel you're going for when selling a home).

3. Update The Bathroom

If you have an older home, making a few minor updates to the bathroom - even if they're only cosmetic - can go a long way in adding value to your home. Things like outdated wallpaper, tile, or light fixtures can make your bathroom feel dated, a feeling which may carry over into the rest of your home and turn off potential buyers. Take stock of your bathroom and see what changes might help it feel more modern and up to date. Currently have wallpaper that looks like it belongs in the 80s? Ditch the wallpaper for a more modern print or a fresh coat of paint. Does your vanity feel ancient? Try replacing the hardware for a more sleek look. Renovating a bathroom can be pricey, but cosmetic changes are not - and can have a huge impact on the value of your home.

4. Hire A House Cleaning Service

When you're selling your home, it needs to be spotless. Dust bunnies under the couch, stains on the sink, or fingerprints on the wall can keep you from getting offers on your home - even though all of those situations are temporary and completely reversible. And while you might be great at cleaning under normal circumstances, when you're selling your home, you should definitely consider hiring a professional cleaning service. Professionals are trained to cover every nook and cranny and ensure that your house is sparkling by the end of the service. And having a house that's expert-level clean can be a huge selling point to potential buyers. Look for a local cleaning service that has experience preparing homes to sell and book their services before your next open house. This minor investment can pay off big time when potential buyers are drafting up their offers. Before you sell your home, you want to do everything in your power to drive up the value and walk away with the highest offer possible. And these four changes are so small, inexpensive, and easy, there's no reason not to use them to your advantage!

GroupWatson is a full-service team available to every customer, providing advice on the best home improvements to increase property values and working had to get your most important investment, your Home, on the market and SOLD for the BEST PRICE!

Call 972-370-1775 today for more details on how we can help you sell or purchase your next home.

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*


4811 Holly Tree Drive

 

PROPERTY DETAILS
$559,900
LISTING INFORMATION
MLS: 13668304
Bedrooms: 4
Full Baths: 3
Partial Baths: 0
Sq ft: 3237
Lot Size: 0.230
Taxes: $0.00
PROPERTY DESCRIPTION

Seller Motivated-BRING ALL OFFERS! Seller is Offering $5000 Allowance for Updates. 1.5 Story w'Backyard Oasis. 4 Bdrms, 3 Baths, 2 Car Gar + Forml Dining & Huge Flex Room Perfect for 2nd Living or Game Rm. Travertine Flrs Greet you in the Bright Entry Way. Large Living Rm Features Over-sized See Thru Gas FP. Kitchen Flaunts Granite, Ample Storage, Desk Work Station & Butlers Pantry. Master Suite w'Seating Area & Fireplace. Updated Master Bath Displays New Seamless Shower, Marble & Great Walk-in Closet. Backyard w'Pool & Hot Tub! All New Pool Equipment that Works w'your Phone App! Recent Updates Include: Granite in Baths, Triple Crown Molding, Hand-Scraped Hardwood Flrs, Plantation Shutters & Upgraded Lighting.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES
 

Why You Shouldn’t Let A Website Tell You Your Home’s Value

by Scott and Tammy Watson

Picture this... There's an inexperienced real estate agent in your town. He hasn't sold any homes yet. He wants to drum up some business. So, he climbs up onto your roof and paints what he estimates to be the value of your home. He feels like this could be a win-win: YOU get to know the value of your house, so he was helpful to you, without even having to meet with him... and HE gets to show you how that he knows his stuff. Hopefully you'll turn to him for help once you want to sell your home. But you're kind of ticked off, aren't you? First off, this guy painted on your roof. That's just vandalism. Beyond that, he wasn't even close to accurate! The value he painted up there is tens of thousands of dollars off.

He didn't even see inside your home

You notice he did the same thing to all the other houses in the area. He seems off on the value of all of them. It's still kind of intriguing, though, because you're like, "Hmm, I always felt like Bill's place was worth less than mine. Looks like I was right. But there's no way Gary's house is worth more than mine, that agent is craaaazy. Unless maybe Gary did some major remodeling inside..." But how would the agent know? He never even went inside your neighbor's house. Or your house. Or anyone else's house. He just eyeballed everyone's house from outside, and took a quick peek at some data available to the public. Then slapped his estimate up on your roof for everyone to see. His estimates are all over the place. Some high. Some low. Once in a while he seems to be somewhat in the ballpark.

His "value" affects your actual value

Beside the fact that this guy vandalized your roof, now you have people sizing up the value of your home based upon a number he came up with, without even seeing inside your home. It was careless and thoughtless. He lacked respect for your privacy, your equity, and ultimately your wealth. The value of your home can now be viewed by anyone, for whatever reason they feel. It would be even worse if you were in the middle of trying to sell your home, and now you have buyers pulling up, seeing your painted roof, and considering his estimate when (and if) they make an offer.

Can you imagine if a real estate agent actually did this?!

You'd probably want to report him to the police, his real estate broker, the real estate commission... and all of your friends, family and neighbors. You'd want everyone to know not to trust this guy, or give him any business.

Online valuation sites are basically doing this to you

You've probably seen or heard about websites where you can look up the value of your house (or anyone else's house) for free. It seems great because there's no need to even talk to a real estate agent. Just pop in the address, and voila, you get to see the value of the home. You might figure that it's super accurate, since they use fancy algorithms and stuff. However, these online real estate valuation sites are all basically painting a number on your roof, without ever having gone inside, and without ever having sold a house. And they're definitely not experts in your local market. Unfortunately, there isn't much you can do about it. They're using public data to come up with their estimates. They didn't steal anything. They didn't actually paint on your roof (they just hover a value over it digitally). They post disclaimers about their accuracy (or lack thereof), at least if you really, really look for them. Plus, who would you even report them to anyway?!

Start valuing real estate agents' values

The thing is, these sites exist because people tend to like them, and look at them. They wouldn't exist if people didn't continue to click on them. But people do. They certainly are convenient, and entertaining, even if they are not accurate. Many people just don't want to deal with real estate agents, until and unless they have to. But that's actually what you should be doing if you want an accurate value of your home. Great real estate agents take a lot of time and pride in estimating the value of a home. This is not something you can do remotely by simply reviewing public data and algorithms. In order to be accurate, even a local real estate agent needs to see inside of your home. So, instead of encouraging these online valuation sites to exist, by visiting their sites and clicking around... ...click on a local real estate agent's site, and invite him or her in to take a look at your house, and come up with an accurate value. Don't rely on an online valuation. And, whenever possible, spread the word about the inaccuracy of these online valuations because they can affect the perceived value of your home... and beyond. And they will exist as long as people continue to pay them any attention. Pay attention to real estate agents instead.

GroupWatson is a full-service team available to every customer, when they are ready to get their most important investment, their Home, on the market at the RIGHT PRICE!

Call 972-370-1775 today for more details of how we can help you sell or purchase your next home.

*GROUPWATSON'S FEATURED LISTING OF THE WEEK*


4811 Holly Tree Drive

 

PROPERTY DETAILS
$584,900
LISTING INFORMATION
MLS: 13668304
Bedrooms: 4
Full Baths: 3
Partial Baths: 0
Sq ft: 3237
Lot Size: 0.230
Taxes: $0.00
PROPERTY DESCRIPTION

Seller Motivated-BRING ALL OFFERS! Seller is Offering $5000 Allowance for Updates. 1.5 Story w'Backyard Oasis. 4 Bdrms, 3 Baths, 2 Car Gar + Forml Dining & Huge Flex Room Perfect for 2nd Living or Game Rm. Travertine Flrs Greet you in the Bright Entry Way. Large Living Rm Features Over-sized See Thru Gas FP. Kitchen Flaunts Granite, Ample Storage, Desk Work Station & Butlers Pantry. Master Suite w'Seating Area & Fireplace. Updated Master Bath Displays New Seamless Shower, Marble & Great Walk-in Closet. Backyard w'Pool & Hot Tub! All New Pool Equipment that Works w'your Phone App! Recent Updates Include: Granite in Baths, Triple Crown Molding, Hand-Scraped Hardwood Flrs, Plantation Shutters & Upgraded Lighting.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES
 

How You Can Help Fellow Texans Affected by Hurricane Harvey

by Scott and Tammy Watson

 

Hurricane Harvey made a first landfall Last Friday as a Category 4 storm, slamming Texas with brutal winds and severe flooding, leaving Houston underwater and millions of residents in need of aid. The relentless storm has dropped record-breaking rainfall and made a second landfall Wednesday in Louisiana. Here are some ways you can help.

Red Cross

Texas Gov. Greg Abbott recommended that those who want to help victims should donate to the American Red Cross, which he called a “tremendous asset.” A number of other organizations at the national, state and local levels will provide vital assistance to residents in the coming days, weeks and months.

Local and national relief organizations

The Salvation ArmySave the ChildrenSouthern Baptist Disaster ReliefHeart to Heart and Samaritan’s Purse are all on the ground in devastated areas and seeking donations to continue their response efforts. Texas Diaper Bank is sending out disaster relief kits to those affected. Team Rubicon is an emergency response team made up of military veterans and first responders. Oath (which is the parent company of Yahoo News) offers matching funds for donations to the Red Cross and some other organizations.

Food banks

Feeding Texas is a statewide network of food banks, and Houston Press has compiled a list of food banks serving the area hardest hit by Harvey. That list includes Houston Food BankGalveston County Food BankFood Bank of Corpus Christi and San Antonio Food Bank, among others.

Pets

To help nonhuman Texas residents, animal welfare organizations will be focused on rescuing, sheltering and rehoming pets. The Humane Society and the SPCA of Texas and their affiliated shelters will need money, supplies, food and foster volunteers.

Blood

Blood donations can be made through the American Red Cross, and Carter BloodCareWe Are Blood and the South Texas Blood & Tissue Center are all Texas-based organizations sure to be seeking increased donations.

Other relief efforts

Airbnb has set up an Urgent Accommodations page, allowing evacuees to find a place to stay for free with the help of those able to offer their space at no charge.

A list of individual crowdfunding campaigns related to the hurricane can be found at GoFundMe’s Hurricane Harvey Relief pageGlobalGiving, another crowdfunding site, is aiming to raise $2 million for a relief fund.

Most of the above organizations have volunteer opportunities available as well.

All of us here at Group Watson feel that even the smallest gift can make a difference, so please contact any of these agencies to see how you can help. 

Call 972-370-1775 today for more details on ways you can help.

*GROUPWATSON'S FEATURED LISTING*

 

4811 Holly Tree Drive

 

PROPERTY DETAILS
$584,900
LISTING INFORMATION
MLS: 13668304
Bedrooms: 4
Full Baths: 3
Partial Baths: 0
Sq ft: 3237
Lot Size: 0.230
Taxes: $0.00
PROPERTY DESCRIPTION

Seller Motivated-BRING ALL OFFERS! Seller is Offering $5000 Allowance for Updates. 1.5 Story w'Backyard Oasis. 4 Bdrms, 3 Baths, 2 Car Gar + Forml Dining & Huge Flex Room Perfect for 2nd Living or Game Rm. Travertine Flrs Greet you in the Bright Entry Way. Large Living Rm Features Over-sized See Thru Gas FP. Kitchen Flaunts Granite, Ample Storage, Desk Work Station & Butlers Pantry. Master Suite w'Seating Area & Fireplace. Updated Master Bath Displays New Seamless Shower, Marble & Great Walk-in Closet. Backyard w'Pool & Hot Tub! All New Pool Equipment that Works w'your Phone App! Recent Updates Include: Granite in Baths, Triple Crown Molding, Hand-Scraped Hardwood Flrs, Plantation Shutters & Upgraded Lighting.

CONTACT INFORMATION
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville 75056

Phone: 214-682-7002
Fax: 214-522-5519
http://www.groupwatson.com/
ADDITIONAL IMAGES
 

Displaying blog entries 1-9 of 9

Syndication

Categories

Archives

Share This Page

Contact Information

Photo of Scott and Tammy Watson Real Estate
Scott and Tammy Watson
GroupWatson, Keller Williams
4862 State Hwy 121, Ste. 210
Lewisville TX 75056
214-682-7002
972-370-1775
Fax: 214-522-5519